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KQED Frontline June 22, 2024

And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The ford foundation, working with visionaries on the front lines of social change worldwide. At fordfoundation. Org. The wyncote foundation. And by the frontline journalism fund, with major support from jon and Jo Ann Hagler and Additional Support from millicent bell, through the millicent and eugene bell foundation. In tucson it was a beautiful, crisp, Clear Blue Sky with a few puffy white clouds. It ....

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ALJAZAM News June 22, 2024

This is Aljazeera America, good morning, live from new york city, im randall pinkston. The World Markets seem to be sablessing this morning despite big sell off in asia. Futures here point to a big surge at the open, despite another sell off in shanghai and tokyos nikkei. In china it turned dramatically negative. The country is cutting the Interest Rates to try to stop the bleeding. Trading opened on tuesday across the Asian Pacific and they opened with baited breath wondering how the market would react considering chinas fall was so tract particular on a monday. The markets were shaky, most of them making losses in the early part of trading. They regained some of that ground as the day progressed, and made up in some cases on those losses. Markets that were in pro ....

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ALJAZAM News June 22, 2024

Back despite another huge sell out in asia. The dow opened up 2 higher and is holding strong. Is s p and nasdaq are also higher. Some major turn around when the stocks index fell more than 3 . Mary snow joins us now. Mary, you were on the floor when it opened what was the mood there this morning and whats the mood about the numbers right now . You know, rapid call, certainly the mood was one of relief. The market opened within three minutes it was open more than 300 points. As you just mentioned those gains have held steady. So certainly, that was a big difference from yesterdays steep losses. And dramatic swings. And what was driving that most traders will tell you is the fact that china has stepped in to cut Interest Rates as a way to stimulate the economy. And that was seen as a positive signal, but one thing that they everyone i spoke with, at least, seems to agree on is that they dont expect things to return to normal any tim ....

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ALJAZAM News June 22, 2024

This is Al Jazeera America live. Wall street is making a come back, despite another huge sell off in asia. The dow opened up 2 higher today. It is holding strong, now up 214 points on the day. The s p and nasdaq are also higher, it is a major turn around from yesterday when the stocks fell more than 3 . Mary snow is with us. Mary, you were on wall street today. I was. A market difference from yesterday at the open. And throughout the day, right . Yes. Definitely. There was really we didnt see the fear that we saw yesterday. Yeah. At the open. Was traders are still very cautious, they are saying yes this is some relief but they certainly expect more volatility. Theres so much uncertainty out there. Uncertainty, you know what, Market Analysis going on in this market, literally, friday massive sell off. Over the weekend, everyone is worried about what will happen in asia su ....

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BLOOMBERG Market Makers June 22, 2024

China is now falling back on its major levers to stem their biggest decline since 1996. The shanghai comp positive dropped 7 overnight before policy moves took place. They came in after hours. The besthat some of minds have been saying about china. I tell people be cautious because i dont think china can come up that easily with a solution overnight. Complicated situation and Financial Markets is not the first thing on the radar screen. Thats why this market is trying to find its own level and its clearing at a much lower level than most people have expected. I think the market is very oversold. Over 1200 new lows, 12 month lows on the new york Stock Exchange. Usually, this occurs at the end of a bear market. This has occurred at the beginning. This is a signal that something is very wrong. Dont get excited, take a few days off, wait for the market to stabilize and then co ....

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