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And ill fight over flight activists take the fight against Global Warming and the Companies Say hold responsible to the skies. This is the of your business im just going in berlin welcome the dow jones has ended in positive territory after news that china is going to accept you as soybeans and pork from its next round of tariffs that follows an exchange of concessions earlier this week between the 2 countries china agreed to exclude products like cancer drugs and pesticides from the tariff or jeem the u. S. In turn agreed to delay a planned terrify on october 1 by 15 days yeah joins us now from wall street yes how big of a deal is it that the u. S. And china are exchanging some all of branches here and there. Well i mean at least we have those guests tourists and there is a certain possibility that maybe those trade talks might lead to a deal at some point there was a lot of s ....
Higher than expected. Plus tesla shares, well, they continue to have a very rocky ride this year. In fact, they are the worstperforming stocks so far on the s p for 2024. Another firm cuts their price target on that stock. And former treasury secretary Steven Mnuchin telling cnbc just last hour that he is putting together an Investor Group to try to buy tiktok or the u. S. Business of tiktok. Lets begin with the Market Reaction to ppi and retail sales as well. Last months decline, a little bit tight. As you mentioned, the market trying to look past it, struggling to do so, maybe. Cpi this week, you had these big treasury auctions that maybe we thought it would knock the market potentially off course. Now, there was a hiccup lower in the indexes, and bonds definitely are registering this hotterthanexpected inflation numb ....
Carpet with the stock winners and losers ahead of hollywoods big weekend. Im melissa lee coming to you live from studio b at the nasdaq, tim seymour, and rebecca patterson, former chief strategist at bridgewater. We start off with the markets gold rush, the precious metal soaring to a record high today, topping the 2,200 mark for the first time ever. It just notched its best week since october and is up 20 over the past year. The latest rally coming alongside bitcoin which topped 70,000 during todays session. Ethereum also hitting a record. Stock market ending on a down note. The nasdaq shedding a percent while the dow shed. What does this tell you about the strength of this market rally . Rebecca, happy International Womens day. You too. What do you make of this gold move . I think what were seeing with bitcoin, gold and stocks today, theyre skpleetly separate. There isnt one big macro factor driving this. In the case of go ....
Nearly 2 billion eu fine, while two new notes say, hey, dont worry. They suggest an apple comeback likely. As for tesla, well, its china struggles continue. Shipments plunging to the lowest level in more than a year. Lets begin with the markets entering a new week with record highs, fueled once again, jim, by a. I. , which seems to be the topic of so many weekend notes the last couple days. Oh my, carl. A lot of people want to say that the whole things gotten out of control, but lets say you go back a year, and you look at what nvidia the estimate for 2024. The stock was selling at 12 times earnings a year ago, so we can sit here and moan how expensive it was, but its by far the cheapest of the mag seven or mag six if you want to drop musk. But i think the problem has always been that when you look back, this thing is so underestimated in terms of what it can make that you dont know how to value it. What are you going to do, take it to nine times earnings like its a bad bank . Jim, my ....
And the s p 500 spell fresh peaks. And truce talks hanging in the balance as Vice PresidentKamala Harris calls for a sixweek halt to fighting among the humanitarian catastrophe in gaza. Given the immense scale of suffering in gaza, there member an immediate ceasefire. And delivery hero driving gains on the stoxx 600 after the food Company Announces a fresh Financing Deal to clean up its balance sheet. Welcome to your monday edition of street signs. As we kickoff what could be a very busy week indeed. Lets kick things off for you with chinas socalled two sessions today with the annual meeting. The spokesperson for the npc saying the government will make new laws to deepen economic re reform while focusing on technology advances. Saying there are no tech hurdles th ....