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CNBC Closing Bell July 12, 2024

Masterca mastercard, microsoft and u. P. S. All lower on the back of their results as well. Bund yields and oil are lower. Tenyear yield, 0. 77 . All 11 s p 500 sectors are lower, sharply lower thats the heat map of all s p 500 stocks very few are green as you can see above me just less than 3 of declines for all three of the major indices, sara. We will ask allianz chief economic adviser mohammed elbrian. Monitoring two live events at this hour, expected speech from french president emanuel macron and a statement from dr. Fauci mike santoli covering the market selloff meg tirrell with more details on the covid spike in the u. S. And europe and ylan mui start us off with the selloff, mike starting to do some damage third day in a row for the s p. Its starting to cut a little deeper the hope gave way and did accelerate the down side multiple pressure points on this market causing investors to have a harder time looking across this valley of growth, right covid case cuts. We dont know wh ....

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CSPAN2 House Oversight Subcommittee Hearing On The U.S. Postal Service July 12, 2024

Representative be waived onto their Committee Without objection so ordered. Welcome to our hearing on recent developments and i now recognize myself for an Opening Statement and then the Ranking Member. Does the chairwoman wish to have an Opening Statement . I will recognize her with your permission our colleague will also have an Opening Statement. The Postal Service is the crown jewel of the federal i government serving every household every day 630,000 brave individuals at every district and according to pew research 91 percent of americans have a favorable view of the Postal Service. L ....

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FBC Mornings With Maria Bartiromo July 12, 2024

We are expecting a tripledigit move on the upside with the dow industrials up 231 and s p 500 higher by 19 points after technologyrun yesterday finishing near record highs. S p up 34. A probe into election bribery. Florida congressman matt gaetz wants to know if Michael Bloombergs pledge to pay fines and donations to florida is actually illegal. We will ask congressman gaetz about next steps. How the deal can get out of limbo. Then out of this world, nasas newest plan to get a man and a woman back to the moon. Mornings with maria is live right now. European markets this morning have a firmer tone. Take a look at european indices. Euro zone manufacturing, purchasing slight gains in the month of september. As you see the ftse 100 is up 143 points. Dax index in germany higher by 23. Asia markets overnight take a look and as you see here after the rally on wall street yesterday, weve got mostly a firmer tone but for the most part ....

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KGO Good Morning America July 12, 2024

The next president ial debate. The white house still refuses to release key details on the president s health as President Trump returns to the oval office calling his illness a blessing, touting that experimental antibody cocktail for helping him beat the virus and now says he wants everyone in the country to get access to it. All of this as the seriousness of the white house outbreak escalates. A new report that white house staffers may have exposed thousands of people to the virus. Sounding the alarm. Dr. Faucis urgent warning that the number of american lives lost to the virus could double if things dont improve. Plus, a former cdc director calls the Trump Administrations handling of the pandemic a slaughter as hot spots surge across the country. Wisconsin forced to prepare a Field Hospital as their
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CNBC Squawk On The Street July 12, 2024

Table . Speaker pelosi says theres a chance she and the treasury secretary can still reach a deal later, pause for tiktok why a judge sided with bytedance and blocked the Trump Administration ban. Futures do imply a big open to start this monday morning of course, coming off the first fourweek decline of the year. Mike, you did some writing over the weekend. Largely about the degree to which september is doing the job its supposed to do. That being the sort of pause that refreshes the argument here is that if we came into september with the markets at record highs and everything looking very stretched to the upside and sentiment and the technical position of stocks and maybe even hopes for an immediate stimulus and this fourweek decline has largely reset a lot of those factors right. You have sentiment very muchal coo acooled off and huge short position develop in nasdaq futures and pretty much 180 degrees on that front. I w ....

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