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Transcripts For CNBC Closing Bell 20240711

For 2020, heres where we stand. Dow is up 6. 5 s p is up 15. 5 , and the nasdaq up a whopping 43 . We are on track for record closes for the dow and the s p at least levels. Look we are up. 3 right now on the s p. If you are in due by lucky you it is 2021 over there. We have a live shot of the fireworks there. 59 minutes left of trading in the u. S. Nice see the fireworks everybody is wait forth the new year. Those fireworks are hard to beat but we are going to try because coming up, as always, an action packed show we will have the analyst from bank of americas top picks for 2021 plus we will speak with dr. Scott gottlieb about the concerning rise in covid risk and the slower than expected rollout of the vaccine here in the u. S. First, mike santoli tracks the final trading session of the year and Steve Liesman has an outlook on Economic Data for us. Mike, lets start with you. Nasdaq down, but could get record closes for the other two indexes. A oneyear look and year to date, same thi

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Transcripts For FBC The Evening Edit 20240711

Plus reverberations are being felt after the doublewhammy from attorney general bill barr who said, no, the Justice Department has not found any widespread evidence of voter fraud, yes, he did appoint a special ounce sell to probe the origins of the trump russia investigation. Critics calling out nasdaq to force companies to include women and minorities on their boards. They say it is another example focus on identity politics taking precedent over efficient capitalism. President obama, remember him, attacks the party about defunding police. They need more than snappy slogans. That is drawing sharp criticism from his fellow democrats. Im gerry baker in for elizabeth mccdonald. The evening edit starts right now. Gerry we begin tonight on capitol hill where there is potential progress on delivering a covid relief package. Fox news Congressional Correspondent chad pergram has the details. Chad . Reporter good evening, gerry. The Senate Majority leader Mitch Mcconnell is pushing socalled s

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Transcripts For FBC The Evening Edit 20240711

Plus reverberations are being felt after the doublewhammy from attorney general bill barr who said, no, the Justice Department has not found any widespread evidence of voter fraud, yes, he did appoint a special ounce sell to probe the origins of the trump russia investigation. Critics calling out nasdaq to force companies to include women and minorities on their boards. They say it is another example focus on identity politics taking precedent over efficient capitalism. President obama, remember him, attacks the party about defunding police. They need more than snappy slogans. That is drawing sharp criticism from his fellow democrats. Im gerry baker in for elizabeth mccdonald. The evening edit starts right now. Gerry we begin tonight on capitol hill where there is potential progress on delivering a covid relief package. Fox news Congressional Correspondent chad pergram has the details. Chad . Reporter good evening, gerry. The Senate Majority leader Mitch Mcconnell is pushing socalled s

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Transcripts For CNBC Worldwide Exchange 20240712

All week, weve been introducing you to the changing industry today. We are talking energy. Worldwide exchange begins right now. Good morning, good afternoon, good evening wherever in the world you are watching starting on the high note. Dow futures up about 150 points right now. On the first win streak in a month. Now today, what we call a quad rupa witching friday what does that mean . The singlestock options, futures and index options and futures. Why should you care . When all those things expire it is often associated with extra volatility just something to watch. Didnt narrow a bit. The same as they were at 10 at 0. 72 green arrows in asia overnight chinese stocks up and early trading we are seeing green on the screen to round out their weeks. Germany, france and uk all higher by just under 1 right now. In trade news, there is a report this morning that china plans to accelerate the purchase of u. S. Farm goods to meet the requirements with a trade deal following talks about top d

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

We will talk about in a next hour as well. We will be speaking about juneteenth and what companies should be doing to improve diversity and inclusion with vivian hunt from mckinsey. A big event here in the u. S. , lots of events participating in that in the holiday. We will break that down and what it means for renting for u. S. Companies as well. This could be the Third Largest none december exploration on record for Macro Risk Advisors founder. She will be joining us. We also have all this volatility into the squad winching dust into the cour quadruple winching. How does this play out . One of the trends we have seen in Options Market over the last several years that has is that folksated are vying incredibly short dated options, the shortest, as short as one day. Leaderboard is that it expires in one day. It is a unique way of trading. I would not say it is gambling, but it is not exactly investing either. A lot of the stuff rolling off was put on as late as this week. When we looke

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