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Transcripts For CNBC Fast Money 20240712

From its previous record high close on february 19th february 19th, that seems like so long ago. What a different world that was back then. We want to fire up the fast money time machine for a trip back there to february 19th. Look at that, our traders there on set all together at the Nasdaq Market site that was fun you might be thinking to yours this is some oldtimey footage of people dining together at a restaurant that was february 19th theyre all sitting inside a restaurant can you imagine that they can out the theater goers waiting to see a broadway show while were at it, there was also an nbc news democratic debate in nevada that night. Take a look at that. Hi, bloomberg, hey mayor pete. Theyre hugging, shaking hands, so much closeness. Anyway, the entire world has clearly changed since february 19th but the stock market is back to where it was guy, whats your take on this record comeback . Well, what you didnt tell the audie ....

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Transcripts For CNBC Squawk Box 20240712

To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit higher 0. 546 stimulus talks in congress. Trump administrations officials and House Speaker nancy pelosi are set to resume negotiations today on their competing visions of a bill. The Sticking Point continues to be a boost set at 600 per week in march that lapsed on friday he and
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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Results, saying the missing 2. 1 billion euros on its Balance Sheet probably doesnt exist. Shift, the bank of england governor saying he gave officials more firepower in future cases. And no holds barred. Slam hongrass set to kongs National Security law when they hold talks today. We are live in brussels. Just over an hour away from cash trading. Arrows inking at red europe, more than one person , ftse futurescks a little down and dax futures off about 1. 5 . U. S. Futures are pointing higher. We see some slight gains, little gain, really unchanged. S p futures up to tens of 1 and nasdaq almost 3 10 of 1 . Gmm . Have you got on the its interesting we see the divergence in u. S. Futures and european futures, a little bit of catchup and European Equity markets. On a fairly flat session for asian markets, at least overal ....

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Transcripts For BLOOMBERG Whatd You Miss 20240713

Scarlet we also are looking at the nasdaq 100, which is now closing up about half of 1 . Really interesting that you brought up that whole idea of the technical levels. Predental ack prudentials quincy crosby. Hold one we managed to and close above that average. At eu read into that how do you read into that . It is almost as if everyone has become a technician. When you can close above these resistance levels and if we can add to this, what it suggests is that the trajectory of the market is positive, at least for the short term. The reason why so many have been focused on whether or not the market could close above 3000. We all abide by this because it has been hugging it for so long. Every day, closer, then consolidate. By the way, the expectations were that it would be those big tech names that would actually 3000 the concrete of the level at closing above it. Romaine we did close today on sincep 500 at the highest march 4. A lot of folks have wanted to see us retest those march le ....

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Transcripts For CNBC Fast Money Halftime Report 20240713

Bank lets check the numbers and see where we stand the dow is off 1. 5 . 24,260 s p at 2900. Russell, all the way on your right. Its been a big out we are forming giving back about 3 today. Were going to look ahead to those earnings tonight but we have to look back to last night. You own facebook, microsoft. No wonder these stocks have been doing so well. They justified the it last night, didnt they they did. When facebook comes out and says ad revenues have stabilized, thats a very powerful statement. Weve had this debate is old tech tired or is big tech tired. Can it keep giving we saw their operating morals are fantastic. Apple may be the squishiest of all because they are directly tied to the consumer phones. I phone it im not doing anything with it so what . This is where you want to be you want to be in whats working because the companies are bilts to work. Its where technology is and where its going 5g as we talked about so many times. Funny you say that. Kramer said so
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