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Transcripts For FBC Varney Company 20240712

Starts. That means demand up for Mortgage Applications, supply going up in the future. That follows a remarkable improvement in the outlook for home builders. They are much more optimistic. The housing rebound would give the overall economy a real boost just when it really needs it. Now lets get to the market. Again, look at this. We are going up again, not much, going up at least at the opening bell. The rally continues. The dow up maybe 70. S p, maybe 10. Nasdaq, better gain, up nearly a half percentage point. Thats a 46point gain for the nasdaq. Okay. The fed is printing money. Theres a new stimulus plan in the works. Retail sales saw a huge increase, a positive News Development on virus treatment plus real estate and you add it all up, youve got a continuing stock market rally. Weve got a big show for you today. The president s reelection hangs on the economy which is coming back strong. So why is he trailing joe biden in the polls . We will address that. Social distancing is the b

Transcripts For CNBC Power Lunch 20240712

487. In part because of a big move in the dow in boeing as it gets ready to test that 737 max for recertification. The s p and nasdaq is higher but by lesser percentage gains theres 10 million global cases of coronavirus half a million deaths. The daily case count here in the u. S. Hitting a record high over the weekend. Well have more on that. Facebook, a big laggard today. Down 10 in the past week as big advertisers, its up today as big advertisers pull millions of dollars from the social media platform power hundred lunch starts righw thanks the the dow and s p jumping back into positive territory for june and on track for the third month in a row of gains now. Lets head to dom for more on these markets. We need a few more hundred points to get back what we did lose on trading. Dow industrials 25,505 is right know hovering near the highs of the day the s p 500 a relative laggard thats whats driving the dow today. Check out whats happening large caps versus small cap stocks we talked

Transcripts For DW DW News 20240713

City of minneapolis the rest was sparked by the killing of george floyd and on our black man by police on monday. The bundesliga has its 1st big blooper since the restart did this goalkeeping error cost the country berlin and important victory. Im sumi so much god its good to have you with us china is under fire after taking another step to increase its control over hong kong and so do public protest beijings National Peoples Congress Overwhelmingly passed a plan that gives the Chinese Government the power to impose new restrictions on hong kong prodemocracy advocates say the law violates the freedoms promised under Hong Kong Special one country 2 systems status japan the u. S. Britain and other democracies have criticized chinas moves. Chinese government said the implementation of the security law was for the Long Term Benefit of hong kongs prosperity and stability. One country 2 systems is chinas basic state policy. The Central Government has all along fully and faithfully implemente

Transcripts For DW DW News 20240713

Until gail welcome to the program Chinas National Peoples Congress has overwhelmingly passed a plan giving beijing the power to impose new restrictions on public protest in hong kong prodemocracy advocates say the north violates the freedoms of Hong Kong Special one country 2 systems status in a joint statement the United Kingdom the United States australia and canada said the new legislation would curtail peoples liberties and dramatically erode the chinese territories autonomy. Disorder in the Hong Kong Legislative Council a democratic lawmakers struggled to get past security guards with a bag he said it contained a russian plant symbolizing what he said was the decay of hong kongs rule of law. And way of life chinas latest move against disobedience is imposing National Security laws on hong kong the National Peoples Congress Approved plans to move forward with laws against things china sees as a threat to its authority over hong kong the law would allow mainland security agencies to

Transcripts For DW DW News 20240713

Farmers say would help against the spanish flu and that can help to bring the coronavirus. Germans but does make it has its 1st big blooper since the very start did this goalkeeping era contents a valid and important 5th story. Im so go welcome to the program Chinas National Peoples Congress has overwhelmingly passed a plan giving the Chinese Government the power to impose new restrictions on public protest in hong kong prodemocracy advocates say the law violates the freedoms promised under the Hong Kong Special one country 2 systems status in a joint statement the United Kingdom the United States australia and canada said the new legislation would cut peoples liberties and dramatically erode the chinese 10. His autonomy. Disorder in the Hong Kong Legislative Council a democratic lawmakers struggled to get past security guards with a bag he said it contained a rotten plant symbolizing what he said was the decay of hong kongs rule of law and way of life chinas latest move against disobe

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