Flat. Thats one of the main reasons why this market has become so frustrating. Its a real threat to whatever bull markets are left. And the ones that are left out, boy, are they painful. The recent selloffs, theyre much more extreme than our rallies. We just dont have enough sectors with strong prospects, which leads to a shortage of viable stocks. Thats why the universe of winners is so narrow here. Even on a day when the averages rebounded hard from the lows, dow finishing off just 12 points, s p dipping 1. 3 . Nasdaq declined. 12 . You know as i say every night theres always a bull market somewhere but its getting pretty hard to find it. So tonight i want to talk about whats happened, about some of the vanishing bull markets, the ones that are at the precipice or tipped because you need to know how this business has become so darn hard. Whats causing these bull markets to move into bear markets . Is it Interest Rates, strapped consumer, into the postcovid heyday . Maybe a little bit
Formula is going to hurt its Third Quarter revenue. Plus, apple has reportedly sold two suppliers. Its cutting orders for the new model of its iphone and upping orders on its high end 5s. Hello and welcome to this wednesday on Worldwide Exchange. Plenty to talk through on todays show with the clock running down on debt ceiling. Well hear from one guest who says markets are still unfaced by the risk of default. Clearly if you take a look at the price action, john kenalli joins us. Never mind the debt ceiling threat, one of the biggest ipos join us. Japans softbank had a boost after securing a majority stake in the finish gamemaker supersoft. Could this be a sign of more m a in the pipeline . And here in london, we get the latest unEmployment Data 23430 minutes. Has the rate dropped closer to the knockout for forward guide yaps . If thats not enough, the London Stock Exchange is playing host to russian Business Leaders. Thats a first on cnbc at 10 40. But first, as you might expect, u. S
Constellation Brands, Inc. (NYSE: STZ) is scheduled to release earnings results for its fourth quarter (Q4), before the opening bell on April 11, 2024.
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