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CNBC Closing Bell July 13, 2024

Miss the mark. Joining us for the hour, stephanie link from nuvine what do you think is driving the action right now, if the calendar is so devoid of data points so much for a slow day today, right . You had boeing you had over the weekend, china, small stimulus, which i dont think got a lot of press, it should have. And the data was okay. Durable goods can be explained away from boeing for the most part new home sales, up 17 year over year i think thats good. Chicago fed at a twoyear high i think theres enough momentum between now and the end of the year to kind of continue to see green days maybe we tail off a little bit at the end of the year, but i think well continue to see green days into the end of the year were on a nice streak so far. Lets dive into the biggest story of the year, that is boeing our phil lebeau has the latest on that. Hi again, phil hey, carl Dennis Muilenburg was fired after the board met over the week ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Retail earnings over the next couple of days. Thirdquarter earnings better than estimated at 1. 13. They see their fullyear adjusted earnings raised from what they saw before on the 5. 91. D, looking at. It looks like on first blush, a beat and a raise for the rest. Global exchange for the rest of the year. Time now for global exchange, where we bring you the news from all around the world. Our bloomberg voices are underground with the latest. China and the u. S. Agreed to stay in touch on remaining issues to get to a phase i trade deal after a phone call earlier, in which topic a shooters top negotiators from both sides discussed core concerns. They agreed to maintain communication on the remaining issues for the first phase of negotiations. Enda curran joins me from hong kong. It is a long, convoluted way of saying they are still just talking . Is all about the mood music. It is another day of incremental news that seems to bes adjusting that governments are on track for some kind of ....

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CNBC Fast Money Halftime Report July 13, 2024

Thank flirks i didnt say anything i wouldnt want them to hear we have our Investment Committee today, joe, jim, jon, courtney, the president of luke capital markets. Brent is managing partner at requisite. You can stop the music now, right . I dont hear it hear music there we go thank you. All right. Lets see where stocks are likely to go from here whether its possible to have that seven week surge. The headline that the market stock had been reacting to in the last ten minutes, reuters exclusive. Trump xi meeting to sign u. S. China trade deal could be delayed until december as discussions continue over terms and venue. Market didnt like that. Yeah. But a blip. Just a blip because weve been basically going back and forth across break even all morning, scott i think what were doing going to address here is what would be the driver other than that that will be a driver if thats signed even if it is signed before december 15th ....

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CNBC Squawk Box July 13, 2024

With more. Thank you, andrew the Commerce Ministry said negotiators agreed to canceling tariffs in stretches the additional tariffs or some of them had to go. Also the Ministry Said from beijings perspective, the tariffs needed to be lifted at the same time by the same amount, how much could be negotiated the time and place of the deal signing has yet to be decided. Since then, the state media has been really focused on the point that if the u. S. Wants to have a trade deal, there has to be a removal of tariffs the state meeting says these have to be removed together saying this shows them as equals separately today, the authorities here sentenced nine people to joail including one with a suspended death sentence for smuggling fentanyl into the United States. As a sign that there was some calculated move behind this dec ....

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BLOOMBERG Bloomberg Markets European Open July 13, 2024

It is still mixed. Analysts in the reports use words like mixed, mediocre and unimpressive to describe the result. Unlike Credit Suisse, we did see ing miss. They are feeling the pinch of lower Interest Rates. Google, herbert stumble for them. Google, a rare stumble for them. We saw staples in europe followed by utilities. Switching to the negatives, these are more telling. You will see oil and energy and materials have the worse earnings, basically seeing the growth drop by nearly 30 for energy. And more than 35 for materials. Thank you dani burger. We had more breaking news on the bloomberg. Let me bring you these numbers. It is at the low end of guidance. Cost of fx is up. Thirdquarter sales come in at 32. 8 billion danish krone. Ever so slightly soft, in line on thirdquarter sales. Thirdquarter net income, 10. 1 danish krone, that beats the estimate of 9. 6. The red headli ....

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