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BLOOMBERG Bloomberg Markets European Open July 11, 2024

France threatens to get out of the rescue plan altogether. 11,000 jobs slashed, the german giant fights for survival. Welcome to the program. Looking at the futures, reflecting the way the european and u. S. Equity markets closed yesterday. Futures down in europe, mixed in the u. S. , reflecting what we saw yesterday were the u. S. Wobbled into the close at the end of the session. New york schools closing seems to be the factor. Breaking news, some commentary from astrazeneca in connection phasehase two, not the three news we have been waiting for. That is expected to come within weeks. This is more detail on the phase two data. They are confirming the vaccines immune response in older adults, that is crucial considering who is most vulnerable to the virus. The lancet is publishing the findings. A lot of stuff we have heard already from phase three trials more advanced than this from other drug companies. It has not been peerreviewed or in journals. We are getting the phase two study, ....

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CNBC Closing Bell July 12, 2024

They missed estimates by a wide margin the expectation was for over 800,000. And tech stocks are broadly underperforming to day, unwinding yesterdays gains. Amazon, apple, facebook, and microsoft all heading lower. 59 minutes after the session and were down 2 for those names. Power play. Pete . 5 for the s p 500 lets get to the president s diagnosis and impact it could have on a broad range of issues. Were looking at the potential impact on stimulus talks meg has the details on testing at the white house mike santoli tracking what it means for the market lets begin with what we know surrounding the president at this hour. Yeah. What we know is this diagnosis is now upended the president ial campaign a month out from election day the president s Campaign Team put out a statement earlier today saying that all previously scheduled events that involved the president of the United State ....

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CNBC Power Lunch July 12, 2024

Well tell you why traders are betting on an even bigger run. Later, airlines lower as they prepare for what could be a slow september the former ceo of continue nenal airlines will be with us to explain what the new normal may mean for travel stocks kelly evans is back. Welcome. Power lunch begins right now its the s p 500 sitting close to its record high now the wild market ride has brought a resurgence of the retail trader bob and kate are standing by with more. Bob, lets start with you in these record highs we are on new high watch and for the s p as well as the nasdaq and whats brought us there, thats a very familiar pattern. We have seen it many times its essentially Technology Stocks thats with megacap stocks moving on the upside sectors, its technology thats been leading the way we see banks, energy and industrials lagging there. We had many rallies in those cyclical value names banks, the energy and the industrial names ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

The dow up. 2 . Moves. Elping those , back above 42. The dollar index at 92. 74. Stronger sterling, stronger euro, stronger yen. Pandemic an interesting time for investors, distressed investors among them. Erik schatzker is speaking to howard marks of oaktree. Always terrific to have howard marks with us on bloomberg television. Weigh in on tenterhooks for your memos. A lot of them in march and april. Not so many as of late. You are out with another one, time for thinking. You raise a number of provocative points and questions. Them states the obvious, the Financial Markets are at the center of a titanic struggle between the pandemic on the one hand, and the government effectively on the other, recession versus the fed and treasury department. You and i have talked about this before. As recently as may, youre thinking was that the fed could not keep it up forever. Am i to divine that perhaps youre thinking has changed on that s ....

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FBC Cavuto Coast To Coast July 12, 2024

Could be a fullcourt press at least on the administrations part working through the coronavirus folks saying look, the worst of this could be behind us. That is one of the reasons why the president has been stipulating, he thinks all kids in this country should go back to school in the fall. That has earned him the wrath of Governor Andrew Cuomo who is also addressing reporters right now saying what about the kids, are you thinking of the welfare of the kids . The back and forth goes on and on. Speaking of governor cuomo, sometimes around august 1st, august 7th, he will have a financial decision on status of schools, whether they reopen in the empire state or do it on a tiered basis. Some do, some dont. Could add likely to parents confusion to all of this. Edward lawrence is monitoring all of these developments. Edward, what do you have right now . Reporter neil, the Cor ....

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