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CNBC Closing Bell July 11, 2024

Welcome to closing bell, everyone im wilfred frost along leslie picket in for sara isen today. Nasdaq holding on to some gains ahead of the holiday tomorrow. Pain in the labor market as new Employment Data underlines how tenuous the economy is nasdaq higher, growth out performed value. Energy under some pressure for a change after a huge surge in november and weve seen strong numbers from Corporate America mastercard said spending remains steady gap the counterpoint that stock is down 20 today alone. 59 minutes and oneday holiday coming up, of course, tomorrow the dow is down 0. 6 . Coming up on todays show, Website Security Company Cloud flair shares are up. Well speak to the ceo plus, riding with unicorns well talk to Founders Fund keith rabois Steve Liesman has a look at todays economic data. Mike santoli is tracking the market action. Deir deirdre bowsa has details. Steve, start us off with the economy. A busy day today. Yeah. The Federal Reserve earlier this month at its meeting d

CNBC Power Lunch July 12, 2024

Yesterday, another record high how concerned should we be about our health and the health of the economy . And three full days until the president ial election. A live report from what could be a key county in the deciding of the election power lunch starts right now welcome to power lunch. Another down day for the market. It is the dow clearly outperforming the nasdaq three of the four tech giants reporting yesterday are lower right now. Apple, amazon, facebook, google in the green twitter off its low hitting a major roadblock today. Exxon and chevron under attack and underperforming. Are these stocks still worth investing in well get into all of that we begin with stocks closing out a bad week and a bad money bob pisani tracking the action for us good to see you its a tough end of the week and tough end to october look at these stats here were not closed yet but still pretty bad worst week since march 20th. Dows worst month since march. Its the second straight down much for stocks an

CNBC Closing Bell July 12, 2024

Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats

CNBC The News With Shepard Smith July 12, 2024

Right around the corner . Troubling alarming dire the rural surge is real people sick. Front line workers exhausted hospitals forced to make tough decisions about medical care live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. Eight days until the election and both candidates are targeting one mustwin battleground state called pennsylvania both were there today. President Trump Holding three separate rallies in pa while joe biden made an unannounced visit to his Campaign Field office outside philly biden calling out the president s rally saying its not appropriate to hold events with massive crowds right now as covid cases ride to unprecedented highs across the country, but President Trump insists were rounding the corner on the pandemic, something scientists confirm is not true coronavirus fears rattling the markets today. The dow plunged almost 1,000 points before closing off 650. Well hear from jim cramer on that in a few minutes. Vi

CNBC The News With Shepard Smith July 12, 2024

The breaking point when the robots are finished, i feel comfortable plus, meet the hightech viruskilling robot fighting covid19 announcer live from cnbc global headquarters, the facts, the truth, the news with shepherd smith. Good evening with four days until the election, joe biden and President Trump are on a final Campaign Blitz, crisscrossing the midwest as politics and the pandemic collide headon in the heartland of america the candidates holding dueling events where covid hospitalizations are at record highs. And patients are overwhelming some hospitals heres a look at where theyre campaigning today. Biden also making it to des moines, while the president is near detroit. And they have a very busy weekend ahead. Tomorrow, biden and former president obama will Campaign Together in michigan, flynt, and then detroit President Trump spending saturday in mustwin pennsylvania, with three rallies across that state. Now, a live look in rochester, minnesota, where the Trump Campaign plann

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