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CNBC Worldwide Exchange July 12, 2024

You are watching Worldwide Exchange here on cnbc good morning welcome to the show. Im dominic chu with me for the entire hour is analyst lindsay bell, also a cnbc contributor. Well get to lindsay in a moment breaking news as u. S. Stocks look to open sharply higher after a rocky day on wall street the dow falling almost 1,800 points to march in march when it fell almost 13 . You can see with the time lapse those moves. The dow is now down more than 7 at this stage. S p down nearly 6 , nasdaq down 3 all on track to snap win streaks with the major average this week alone. Yesterday, we continued to watch technology microsoft, facebook, apple, amazon, alphabet all closing sharply lower. Shedding more than, get this, 269 billion in market value this is the nasdaq 100 etf versus the russell 2000 small term etf over the last couple of weeks, w we saw all of that create tiffity in those names and small caps and underperformance there. A trade well watch specifically play out today around the

BLOOMBERG Bloomberg Markets European Close July 12, 2024

Attention to that, with the ecb coming up thats a huge deal. Delivers more stimulus, and the bcp will be really under pressure, down by 4 10 of 1 , but its all about the dollar and its driving Global Equities higher. And the tension between the weaker dollar driving risk themete, and the overall has been the protest here in the u. S. Under covid. Lets break down that disconnect. Torsten, what is your best explanation for the markets versus the headlines . We have discussed why markets are doing well, and we continue to believe that the answer is on the significant firepower coming from the fed. If you change the credit market as dramatically as they have , i spreads are very close to where they were before. All of that is, in plain english, making this look a lot better today than it did a month or two ago. And you have the equity of companies with the support to the credit markets, this is probably an important reason why the equity markets continue to do well. Think the fed is making

Ariel Investments Blasts Failed Skydance-Paramount Sale Process

Ariel Investments Blasts Failed Skydance-Paramount Sale Process
thewrap.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewrap.com Daily Mail and Mail on Sunday newspapers.

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RevContent taps veteran digital media exec Christian Hendricks to join advisory board

RevContent taps veteran digital media exec Christian Hendricks to join advisory board
editorandpublisher.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from editorandpublisher.com Daily Mail and Mail on Sunday newspapers.

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