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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Obama. Plans. Adens we will bring you our interview with the ceo. Asian stocks edge higher after break a500 fails to record at the close. European futures point to a negative just over an hour away from cash trading in europe. Atures suggest we could see lupita of ever treat a little bit of a retreat. They just went up for the morning. We were flat and positive across europe. , we faileded states to make a new high at the close even though we traded above those february high levels. There, wouldd got there have been the breadth to make it mean that much . We have gothe gmm, south korea, closed yesterday. Broadly speaking, we are flat and positive across the asian equity segment. Drift, whether it is asian stocks, u. S. Futures. The dollar is drifting. Making some moves to the downside. Treasuries a little higher, yields come down. Still questions around u. S. Stimulus, an unanswered question for Global Equity markets. Some breaking ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Infections heading towards 16 million. Hong kong says the situation is increasingly severe. Has extended the Wage Subsidy Program beyond september to protect the economy from fallout from coronavirus. Shery a quick check of how the markets are trading. We are seeing u. S. Futures kicking off unchanged. This after we saw u. S. Stocks rally amid encouraging vaccine news, this time from the university of oxford and astrazeneca. The s p 500 finished at the highest since february, turning positive for the year. Tech and discretionary stocks outperforming. The vaccine optimism sort of faded. We have a very Competitive Landscape that failed to impress. Risk was revived in the afternoon session following improved u. S. Infection numbers. California and arizona reporting a slow down infections. We still have that stayathome defense rate being back with strength. The under ....

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CNBC Mad Money July 12, 2024

The averages pulled back this afternoon with the dow sinking 170 points, s p shedding. 6 and nasdaq advancing the companies that help you deal with post covid reality take it in stride. Analysts finally realize people are investing in homes like we havent seen since the financial period or maybe a whiff of paint and Stanley Black and decker moving power tools or mortgage numbers. Lows hit a new alltime high 4 just like that and you can get this stuff this is not exactly Rocket Science when youre stuck at home of course you spend money on Home Improvement its a capital, not an expensive when uncle sam writes you a check for 1200. Were in an old enough to repaint moment you buy the stocks of lowes or home depot you cant go out for anything. Movies, no, sports, concerts, nothing. Everything is cancelled gatherings are too ....

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CNBC Fast Money Halftime Report July 13, 2024

Were at the lows of the day thats where we are. About a 600 point loss for the dow. Nasdaq a bit more than that. The russell which has been a real outperformer giving back 5 now. S p coming off its best month since 1987 we have come a long way off the lows april was an incredible month. We said best since 87. Are we primed to go higher in may . Are we poised to go lower because of how far we have come . You know my answer is i can make the case for either way but what im going to tell you is the weekly closing candle is disgusting now we had a huge comeback but even at its peak which i guess was some time yesterday or the day before, only 0 of s p 500 names had gotten back above their 200 day. So you had almost a third of the market back in some semblance of an up trend and we rolled hard look whats rolling. All of those beaten up names that rally this week, the airlines, the oils, the stuff we said okay, thankfully those shareholders got a breather trashed again today. Rollovers and h ....

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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Coronavirus in new york, Governor Andrew Cuomo saying there have been 481 deaths in the last 24 hours, holding below 500. Also some stabilization to hospitalizations. They are once again basically flat. We had about 1800 yesterday. Governor cuomo saying the curve is on the way down, but at the same time, we need to keep ourselves very vigilant. About 1300 people hospitalized with coronavirus yesterday. Hospitalizations basically flat. Overall virus deaths in new york , now 14,828. Meantime, the markets are registering losses today as well. The s p 500 down 2. 7 right now. Energy companies not doing so well. Neither our travel Companies Like expedia. Crude oil is in a category of its own right now. 3. 31 is what the current months contract is trading at. The dollar index might be more interesting to look at in some sense, at 100. 18. Some strengthening, including the ho ....

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