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Transcripts For BLOOMBERG Bloomberg 20240703

Battle for dominance ahead. Lets check in on the markets. Caroline the nasdaq is coming off of its highs. The mood dips a little bit with the strikes being protracted when it comes to the auto sector. When you look at the inflationary pressures, its easing off of bit so we are up by. 62 . On the twoyear at 5. 04 and the bloomberg dollar is down by 1. 3 . Lets look at us i the dollar and bitcoin is slower. 26,870. Going into the mic removes when it comes to stocks. Ed there is no hyperbolic mover. I know were looking close at google and the antitrust case. Back in 2020, apple was considering buying being from microsoft. That has played in whats happening with the court with the testimony weve had about the relationship between google and search. Its interesting to see apple up for a second day. We want to get to the index levels. We are moderately higher on the week but we are snapping, there are three straight weeks of losses. If the fed rate is higher for longer does that make mega ca

Transcripts For CNBC The 20240703

Sector. Demanded december constrk the ceo joins us with what he is seeing now and what he expects from here. Lets start with the markets, though, and dom chu has the numbers. There is some green out there, kelly. Its a reversal, because we did see modest gains earlier. The dow up one half of 1 . 127 points to the upside, 33,679. The s p up about 30 points, three quarters of 1 gain. And just to put those moves in context, we were up 43 points at the highs of the session. Down ten points at the low. So theres your trading range so far, tilting towards the higher end of things. The nasdaq outpacing the whole market, up 140 points. One of the places to keep a close eye on is the oil market. You are seeing u. S. Benchmark is in the red down by 1. 5 . But at one point today, on an intra day basis, we did hit the highest levels going all the way back to august of 2022. Keep an eye on the oil prices. Again, lower for the day, but did hit the highest levels since august of last year at one poin

Transcripts For BBCNEWS Newsday 20240703

In the coming hours. He was handed over to us officials in china, although the circumstances of his return have not been fully revealed. Private king entered north korea by running across the Demilitarised Zone from south korea injuly. He had been due to be flown to the us, to face military disciplinary proceedings, when he escaped his escort. North korea earlier said it would expel the soldier for illegally entering its territory. Us National Security adviser Jake Sullivan has thanked both china and sweden for their assistance in gaining private kings release. Jean mackenzie reports. This is travis king moments before he ran into north korea during a tour of the Demilitarised Zone. The us soldier had been in trouble with the south korean authorities and was being sent home to be disciplined by the army. The north koreans have kept his whereabouts a total secret. But behind the scenes, an extraordinary operation has been unfolding. Sweden played chief negotiator, acting on behalf of th

Transcripts For KNTV Today 20240703

Today. Fight night. Gop candidates clash in a fiery debate. The frontrunner once again not in the room, but his record and legal troubles top of mind. Donald trump should be here to answer for that, but hes not. Donald trump is missing in action. So did any of the hopefuls move the needle with voters . Well break it all down. Breaking overnight, back home. The american soldier expelled from north korea arriving at a military base in texas. New details on the negotiations. Behind his release and will he now face disciplinary action . Unavoidable. Time almost up to avoid a Government Shutdown and no sign of a deal. Millions of American Families bracing to go without paychecks in just two days. Just ahead, the impacts already being felt. In custody. The convicted felon wanted in the murder of a young tech ceo in baltimore arrested after a ve twoday manhunt. How police finally tracked him down and where the case goes from here. All that plus, troubling trend. Inside the nations retail thef

Transcripts For BLOOMBERG Bloomberg 20240703

As consumer spending. Brace for furloughs as the Government Shutdown looms with a lastminute deal looking unlikely. Shares of carmakers gaining again and the Auto Workers Union is dialing back its push for a 40 pay rise. That report said u. S. Stocks slightly higher in the new york session, we saw stocks rebounding and we also had to contend with technicals where we were nearing that oversold territory for the s p 500. Right now, 14 to april tip strength index around the 35 level, you could see u. S. Futures extending those gains as well. We saw the treasury selloff cooling down a little bit, the 10 year yield backbone hope 4. 6 . We have data that we were trying to digest, including consumer spending, rising at the weakest pace in about a year last quarter, not to mention comments from a couple of fed officials that took it more devilishly. We have the dollar index also falling for the first time in seven sessions and oil in the Asian Session you can see the wti up. 2 . That massive r

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