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CNBC Squawk Box July 11, 2024

Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy a ....

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CNBC Squawk On The Street July 11, 2024

How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid le ....

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CNBC Closing Bell July 11, 2024

Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going ....

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CNBC Squawk Box July 11, 2024

Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but b ....

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CNBC Squawk Box July 12, 2024

Well have another big lineup to walk us through thoseresults and what they could mean for your money as well including investors like barry diller so the next 24 hours as i think we all know will be action packed one way or the other. Joe. Thanks, andrew. President trump and joe biden making their final arguments to the American People in swing state rallies last night we made history together in our years ago and tomorrow well make history once again. Were still in the battle for the soul of america, decency, honor, respect you better get out there and vote tomorrow, i will be so angry, ill never come back. Never come back. Im running as a proud democrat but i will govern as an american president for months cnbc has been bringing you exclusive data from our states play of battleground polls. Joe biden has a lead among likely voters in each of the six states that that poll is tracking they say the top issues were the economy, the ....

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