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Transcripts For CNBC Closing Bell 20240712

As much as 10 some optimism that lawmakers are making progress on the next virus relief package we got news republican senators are pushing for 25 billion in additional aid for the airlines. Nasdaq record high, gold record high, oil at a fivemonth high, 59 minutes left to trade, wilfred. Were up 0. 6 on s p 500. Ahead on todays show cbs giving up despite strong earnings and guidance, well speak with Ceo Larry Merlo about the results. Plus shares of twillio up 50 but taking a dip on earnings today. Well take a look at work from home winner. Roku, etsy and zynga analysis as soon as they cross first big stories were watching today, mike santoli tracking action, david faber new reporting on microsoft tiktok and berty on a multibillion dollar tech tale mike, first with you. Objects in motion tend to stay in motion to this rally grinding higher as a lot of the macro forces are pretty familiar right now. Another leg lower in the u. S. Dollar, real Interest Rates are further into negative terr

Transcripts For CSPAN2 Senate Hearing On COVID-19 Seniors Health Disparities 20240712

Statements, i want to acknowledge the loss over the weekend of congressman john lewis, a civil rights icon who changed history at great personal sacrifice. In 2015 i was honored to be among those who joined him in selma to commemorate the Fiftieth Anniversary of the blood sunday march which he led. I send my deepest condolences to his family and loved ones. Todays hearing comes at a time when our nation is experiencing the confluence of a health crisis, economic depression and a series of killing is that laid bare the Racial Injustice that still paints the country. Our focus is on covid19s disproportionate impact on black and latino seniors. As well as seniors from other racial and ethnic minority communities, black and latino residents are infected with a virus, nearly twice as likely to die from covid19. The state of maine has the worst Racial Disparity in covid19 cases in the country, also comprise less then 2 of maines population, they account for approximately 23 of all cases, lik

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Helis to me a man to the end so aside attempts fights on board and people jumping into the sea as a humanitarian rescue ship to declare an emergency. The at. More than 200000 people in spain a back in lockdown as the government grapples with another coronavirus flare up residents in part of the north east in catalonia region will not be allowed to leave the local area but are not confined to their homes as an earlier lockdowns its a very different story in england to accuse have been forming for whats been dubbed Super Saturday pubs restaurants of babas have reopened for the 1st time in 3 months there are fears however that it may be too soon u. K. Prime minister Abbas Johnson is urging everyone to behave responsibly. Chalons on the streets of Central London so rory all people behaving responsibly. You know youre right there has been this fear that perhaps this saturday will be a little bit too soon culmination of a sense of liberation of people being cooped up inside not being else go

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Of people few of them Wearing Masks crammed together to hear u. S. President donald trump deliver a fiery Independence Day speech. Suicide attempts fights on board and people jumping into the sea horse a humanitarian rescue ship to declare an emergency. More than 200000 people in spain are back in lockdown as the government grapples with another coronavirus flare up residents in part of the northeast in catalonia region will not be allowed to leave the local area but arent confined to their homes as an early lockdowns are very different story in england where queues have been forming for whats been dubbed Super Saturday pubs restaurants and bars have reopened for the 1st time in 3 months there are fears however that it might be too soon u. K. Prime minister Boris Johnson is urging everyone to behave responsibly. A look at the Johns Hopkins map shows us how far most of the world is from getting this pandemic under control the number of cases worldwide now stands at just over 11000000 mo

Transcripts For CNBC Power Lunch 20240712

The bill nar has the blews these days he will explain why his businesses are struggling and the things that could get worse beyond that and what hes trying to do about that power lunch starts right now yes, it does the nasdaq hitting another all time high today. Its on strachan for its sixth straight day in the green. Bob has more for us. Modest weakness on the day. That tends to mean tech will still out perform. Thats happening today. Its airlines under perform and transports and Logistics Companies like jb hunt and fedex tend to out perform. This has been going on since the coronavirus issue back in february and march and again you can see that happening today. Ben carlson pointed this out the top ten stocks by market caps are up 10 so far this year the top 50 are up 2 but look at the bottom 50. Down 39 thats not a typo. Thats a huge disparity. Its true big stocks tend to be important. They always move the market. Bottom line is they have never been more important than they are right

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