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FBC Varney July 4, 2024

Inflation, theres one indicator they follow particularly closely, and here it is. The pce price if index which measures changes in the cost of living for households. In the last year its gone up just 2. 4 , very much as expected. Not hot. Finish the market kind of likes it. Before that the number came out, the dow, the nasdaq, the s p, theyre all way down. Now theyre the up. Nasdaq up about 93 points. Interest rates were edging lower, now theyre just about unchanged. About 4. 25 on the 10year, and the 2year well above 4. 5, oh, yeah, 4. 65 . Oil getting closer to 80 a barrel, 78. 90 right now. Gas is actually up 2 cents to an average of 3. 31. Diesel, down 1 cent at 4. 06. And now here you have it, bitcoin, its had a great week. Where is it now . If 62,999. Ill call that 63,000 the per coin. Poll ticks. Dueling border visits. Biden goes to the very quiet brownsville section. In his remarks he will blame republicans for the crisis. Donald trump goes to the very active eagle pass section ....

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CNNW CNN July 3, 2024

Welcome to all of you watching us here in the United States, can about da, and All Around The World as we continue our breaking News Coverage of israel at war. Im kim brunhuber. Its 5 00 a. M. Here in atlanta, noon at gaza city where a Safe Passage Corridor has been established for palestinians to evacuate to Southern Gaza as israel has ordered them to do. Is rah i will military opened it about an hour ago and it will remain open another four hours. Once they get to gaza, theres nowhere to go. Meanwhile israel had announced it killed the senior hamas commander whos supposedly the mastermind in last weeks Terrorist Attacks. An unknown number of ....

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CNBC Closing July 3, 2024

Cap names in the green today, including nvidia, back above 900 a share, 920 to be exact. Apple puts a touch lower after be Berkshire Hathaway cut for tax purposes, and strong day for uber, after the Company Holds its annual meeting. Weve given you highlights on this day, it does take us to our talk of the tape, the rebound, and whether you can trust it. Lets ask our panel, dan greenhouse with asset management, stephanie link, and steph and court are both cnbc contributors, everybody at post nine, having a little party over here. Steph, can you trust this bounceback . Its been pretty darn strong from the april intraday lows, s p up 4 , russell 2000 up 6. 5, nasdaq up almost 7. Earnings are coming through better than expected. Growth rate year over year is 7. 1 . If you exclude Bristol Meyers 12 billion charge that was ....

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FBC Varney July 3, 2024

Movement in gaza, hamas has left the hostage talks, Benjamin Netanyahu has told the people in rafah to evacuate the destruction of hamas is about to begin. So far no negative reaction on the market, the dow coming off a big gain on friday, up again this monday morning looking for a gain of 150 modest uptick for the s p and the nasdaq. Interest rates at low levels the tenyear way below for an half percent, 447, the twoyear way below 5 you are now at 479. Bitcoin up to 6,465,000, 635 at the moment, gold is moving up not that much 23, 33 not close to the record high but up 24, no change for gas, 3. 65 in diesel down one set 3. 97. Politics another positive crowd for trump at the miami grand prix over the weekend there is a pattern trump get a break from court wows crowds from new york to florida and biden stays home. Biden is in trouble on the issues and abc poll puts trump 14point had on the economy and inflation, antiisrael pro ....

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CNBC Mad Money June 22, 2024

Again today. Dow advancing 70 points and the s p climbing whats going on here . Why the heck are Money Managers leaving the very best in order to pick at the raggedy rest . When i say nobody likes these stocks i say most of the bigtime Money Managers and an acts vift that we interviewed yesterday just didnt want to go to those areas. They didnt seem to like or trust these businesses. For example, bill akreman, smart guy, made companies with restaurants and railroads, said he fears buying into businesses that could be wiped out by a disruptive competitor virtually overnight. He likes Companies Like Warren Buffett describes a business that can be taken down from the proverbial better mousetrap. The Money Managers ....

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