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CNBC Power Lunch July 13, 2024

Power lunch starts right now thanks. The s p 500 is pacing for its fourth day in row of gains for the First Time Since back in february lets get over to dom for more on the big movers. Here we are best levels of the day or near that with around 1 gains as you can see. One Industry Group to keep an eye on is the banks. You can see some of those gains as of late youre seeing here kbe, its up roughly 30 in the last 11 trading days stocks on the move include dollar tree after the discount posted better than expected results. Down along with other airlines as it announced plans to reduce expected labor forces. The shares moving up about 5. 5 . Back over do you thank you despite the comeback we have seen with the s p 500 now up 39 from the march lows. Millionaires in america remain skeptical of the market. Wealthy investors betting on a slow and they are hoarding cash a majority ....

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CNBC Squawk Box July 13, 2024

Has been the trend we have been watching for quite some time future indicated 44 points by the dow. S p futures by 3. 5 this comes after we saw all three of the major averages sitting at new highs again on friday thats happened a lot recently the dow and the s p 500 up for the last seven of the last eight sessions nasdaq on an eightday winning streak and thats something that youre watching as we kind of rush into the Holiday Season here also look at whats happening in the treasury market. Youll see that right now the ten year looks like it is yielding 1. 91 just below 2 for the ten year we have some news breaking just literally in the past hour now. Report saudi arabia sentencing five people to death for the killing of Washington Post columnist jamal khashoggi, he was murdered of course in that saudi consulate in istanbul just last year by a team of saudi agents saudistate r ....

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CNBC Closing Bell July 13, 2024

Miss the mark. Joining us for the hour, stephanie link from nuvine what do you think is driving the action right now, if the calendar is so devoid of data points so much for a slow day today, right . You had boeing you had over the weekend, china, small stimulus, which i dont think got a lot of press, it should have. And the data was okay. Durable goods can be explained away from boeing for the most part new home sales, up 17 year over year i think thats good. Chicago fed at a twoyear high i think theres enough momentum between now and the end of the year to kind of continue to see green days maybe we tail off a little bit at the end of the year, but i think well continue to see green days into the end of the year were on a nice streak so far. Lets dive into the biggest story of the year, that is boeing our phil lebeau has the latest on that. Hi again, phil hey, carl Dennis Muilenburg was fired after the board met over the week ....

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CNBC Squawk On The Street December 20, 2017

2. 48 our roadmap begins with futures on the rise as the tax bill passes the senate set to pass the house again. Well get the latest on what the highly controversial plan means for business and individuals. Fedex shares are up on strong earnings and ceo laying out how he believes the new tax plan will benefit his country. Bitcoin in bear market territory. Well look whats driving the wild xring swings and one crypto is out. One step away from the president s desk, the senate pass the gop bill along party lines after amending it because of a procedural snag legislation goes back to the house for a revote slated to take place in a few hours. The president will hold a News Conference afterward gary cohn, the chief white house economic adviser spoke to mike allen a few moments ago. This is what he said about taxes and how the stock market is spend responding. I think theres more momentum in the stock market. What do those two baskets ....

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CNBC Power Lunch December 20, 2017

Welcome to power lunch. Stocks are lower at this hour and dow and the s p 500 slightly higher telecomes are the best financials fedex more than 300 and wild trading day for bitcoin plunged 10 earlier and sinking again now. A lot of news. Hackings, bankruptcies and selling from a major player. Well dive deeper into it. Blackberry the company topping expectations and 2018 revenue and stitchfix, however, tanking. The Apparel Company increasing its Customer Base but its bottom line was impacted by higher costs. And chipotle taking a drop the stock is lowered by more than 2. 5 . Brian . Michelle, thank you. We begin today with the latest out of washington, d. C. The tax bill passing, again. All the angles of that bill covered. Abram at the president where the president is expected to hold a tax bill event at 3 00 p. M and kayla is on the next big story. Thats a funding bill to kee ....

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