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BLOOMBERG Bloomberg Markets European Close July 11, 2024

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 elsewhe ....

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DW Global Conflagration July 12, 2024

All over the world make of fires are destroying entire towns and regions. Or encircle or fire like a Freight Train coming torture. Me. Case how much to. Make a farmers are different they are beyond our control they are insatiable. Did they get what the piece else since some 200 clear to us concerned. Scientists and firefighters are taking up the challenge with new methods. Its really up to humans to figure out how to rebalance everything and we can do that its a race against time to save our habitats and our lives. In the Tropical Forest scientists have discovered yet another major impact caused by extreme wildfires. In Southeast Asia africa and the amazon rampant deforestation for the purpose of agriculture is responsible for an especially risky type of place fires on peat soil. In indonesia this is had terrible consequ ....

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BLOOMBERG Bloomberg Technology July 12, 2024

The company is hoping this will spark more adoption, but it will only work if Health Officials offer an app to utilize the technology. Covid cases are dropping in many states but rising in the midwest. The u. S. Grappling with how and when to reopen safely. New York Public Schools just postponed in person return for three more weeks. Lets get back to the markets with Abigail Doolittle in new york. Generally another up day driven by apple. Abigail that summarizes it. It feels as though that is every day. Apple, a big driver for sure. In charge of the fed liquidity, driven rally continuing into september. We now have five up months in around and september starting up with more record highs. 75 , the0 gaining by nasdaq 100 up 1. 5 . Apple really helping out the chip space as well because there is indications they ....

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CNBC Squawk Box July 12, 2024

Points the s p which is then up five out of the last six weeks and up the last six sessions in a row is up by 5. 5 this morning and then the nasdaq which has been this incredible out performer for months on end is the other performer this morning its down by 13 points but remember nasdaq was only down friday after being up for several sessions in a row. Setting a new high every one of the closes. The s p is less than 1 from its all time high. Its up back in february the treasury markets youll see right now. The treasury yields are where they have been the ten year is at 0. 556 . Melissa. We have an update on the pandemic the United States surpassed covid cases. It took just six weeks for u. S. Covid cases to double. The growth appears to have leveled off at an average of 54,000 per day over the last week in College Sports news over the weekend the mid american conference scrap ....

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CNBC Mad Money July 12, 2024

The pandemic is raging works like a charm can this market really be that binary can it really be that stupid to borrow a line from that masterpiece of english literature, this is spinal tap, its a fine line between clever and stupid [ drumroll ] the dow only gained 300 points, the short answer is, yes, it really is that simple. When texas was forced to pause its reopening plan because of record covid infections, a m suddenly the stay at home stocks came back in style i guess the virus didnt get the memo about not messing with texas. Many of todays winners were the usual suspects that benefitted from the pandemic. Plus the oils and the banks, though that was a femoral, given everything was stay away from the banks. Any way, before we get into the specifics. How the heck can this market rally on truey terrible news we have a horrific outbreak in the sun belt, we hit a new record for covid cases yesterday. The virus is back in exponential growth mode. The human cost could be enorm s enorm ....

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