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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240711

Europe, as you can see, down by 0. 2 . Not getting back ground within the markets. The oil sector has done very well of late. The Banking Sector has done very well of late. Just beginning to fade down today. The s p is down by 0. 3 percent, but it is a similar story. This value cyclical story, the rotation that has pushed money into those spaces, just fading a little bit. We are going into the ,hanksgiving Holiday Weekend basically four days youve got to hold these positions for, and i think a lot of people have decided they just dont want to do that. Eurodollar going a little lower in the last 10 minutes or so, basically back to flat. As the push higher has started to gain attention, there has been some concern that this is going to become an issue. Ive yet to hear it, but watch out for that story. Brent crude, 48. 16. Brent is still higher despite some profittaking elsewhere. I would have thought the best way of describing it, muted markets not getting back much ground, and certainly

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Transcripts For CNBC Squawk Box 20240712

Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou

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Transcripts For CNBC Squawk Box 20240712

The sessions you want to take a look at whats happening with u. S. Equity futures this morning. Dow futures up 10 points, s p up by three we are still under water for all three major averages even after the gains we saw yesterday the dow down about 3 . The nasdaq is down 5. 6 also bumping up against the end of the quarter. Major averages still in positive territory. Youll see now, it looks like the 10year is sitting at 0. 65 of 1 . Andrew, welcome back thank you, becky House Speaker pelosi said democrats proposed a new 2. 2 trillion relief bill saying it is a compromised measure with in funding for schools and airlines white house chief of staff saying President Trump would be willing to sign a 1. 3 trillion relief package well see, guys where this all heads. Inching along we went from 2. 3 to 2. 2. I dont know where the white house is Vice President mike pence said yesterday americans should expect a rise in covid cases in the days ahead as testing increases in some midwestern states

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Transcripts For KTVU KTVU FOX 2 News At 5 20240712

Sky fox. To demonstrators, you cant see it from this picture but demonstrators are gathering at the bay bridge, Golden Gate Bridge and the dumbarton bridge. Is possible, underscore possible , that the protests might cause problems for the evening commute we will continue to follow the story and keep you up dated the moment we get new developments. Heres a live look from the plaza in oakland. To demonstrators are expected to gather there at any moment. There are a handful of people there now. It looks like there are some poster boards there with pictures. Im not exactly sure what those pictures show. Im guessing though, it is probably people who were killed in incidents with Police Officers. We are working to get more information on that. As we do, we will bring it to you. Again, the protest is set to begin around 5 00 tonight. In louisville kentucky a kerf a curfew will remain as people prepare for protest. Thousands people for the protesting side are expected to show up. 125 demonstra

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Transcripts For KTVU KTVU FOX 2 News At 6 20240712

Election. We have to be careful with the ballot, as a big standard. Reporter President Trump is noncommittal if he is asked to commit to a peaceful transfer of power if you should lose the election in november. Distract the president said he does not trust mailin ballots. They are susceptible to fraud. Because of that, the outcome could be tainted. We are now join live with what this means. The election now 40 days away. Reporter President Trump is threatening to amend the Constitutional Order in the way things are playing out right now, we could be in for a messy president ial election. President trump doubled down on his refusal to support a peaceful transition of power should it not go his way. This may be perlis handoff in a contentious race for the white house. I dont know it can be with this whole situation, unsolicited ballots. Millions been sent to everybody. Will say. Reporter when the president first raised the possibility it drew backlash from members of the Democratic Party

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