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CNBC Squawk On The Street July 12, 2024

Runs out and shares of Bed Bath Beyond are surging, the retailer reports comps of 6 , online sales soaring 89 , jim so earlier in the week, jim, and even last week you seem to be pessimistic about the prospect of a compromise coming together. Do you feel any different this morning . Look, i think the Airline Layoffs are looming large because with layoffs come a cut in roots, with a cut in roots is a pain point, but i think its the senate, we keep talking about mnuchin and we keep talking about speaker pelosi, but i think the senate is buying into the president s vshaped recovery and i think Mitch Mcconnell is buying into it which says why do we need more we have a v shape, its just Certain Industries that can be triaged. I know that the industries represent s ....

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CNBC Closing Bell July 12, 2024

Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more. A bold call on energy, we will speak with a strategist who says now is the time to buy the sector continues to lag far behind the Broader Market, despite todays pop. Lets get straight to this resilient market, the s p 500 looking to close out its 7th straight day of gains, the dow turning positive for the year. Mike san tolly tr ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

China, the u. S. Rejecting chinas claims to the South China Sea. China than sanctioning u. S. Officials like ted cruz and marco rubio. U. S. Futures are pointing higher. We are also looking at what is going on with the virus as well as states like california reversing its reopening plans. U. S. Tenyear year, bonds up. U. S. Tenyear. We saw the dollar gaining a bit of steam against the yen, but seems like we are reversing some of that. Lets look at the boards and watch were Chinese Markets are going to see any reaction to the trade figures. We saw a bit of a pause in the risk rally when it comes to mainland equities, after we are seeing equities inching toward that 10 trillion milestone. Flip the boards and see what is going on there. Smallcap, those rose to follow five year highs. We have basically been flat the last 30 minutes of trade. Shenzhen stocks have been on fire. H ....

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FBC Cavuto Coast To Coast July 12, 2024

Spiking cases of coronavirus. Not entirely. Lets go to Jackie Deangelis. Reporter it was news the markets climbing higher because of news of potential positive data coming from an ongoing pfizer, buy on tech covid19 vaccine trial. That got the ball rolling this morning with the optimism. Remember, the market looks at it this way, the sooner there is a vaccine the sooner businesses can resume in the normal way without threats of reclose you are sure or slower reopenings. In texas, testing sites are being flooded in the state as it extend as ban on elective surgeries. Last week, texas shut the bars, reduced restaurant capacity to help reduce the spike of coronavirus cases. That flowed to other states. Theyre looking to that as the model. Here in new york city, it definitely postponed Indoor Dining because it is closed spaces believed to be more problematic. American airlines i ....

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DW DW News July 12, 2024

Doesnt even exist. And an explosion of violence including brutal attacks against police and looting Police People in the german city of stock guard stunned and businesses rocked. Im brian thomas could have you with us today German Authorities are scrambling to contain a corona Virus Outbreak after more than 1300 people tested positive at a meat packing plant thousands of people have been placed in quarantine in the surrounding area there remains unclear if regional leaders are going to reimpose a wider lockdown and concerns are growing about the reproduction rate for the entire country which is now jumped to 2. 00. Its an outbreak that has shocked germany day after day the number of infected 10 u. S. Employees has risen to over 1300 today but there are indications that the plant may have ignored warning signs ahead of ....

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