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Transcripts For CNBC Closing Bell 20240707

points just around the lows of the session, down a little more than 900 points look at the s&p 500 sector heat map which tells you there s plenty of pain to go around here it s energy that is the worst hit right now, down about 6% consumer discretionary also down 5 s 5.5% everything tied to the economy, technology, materials, industrials and banks are among the hardest hit today. what s holding up the best there, consumer staples only do you know 0.7 of 1% you ve also got some green for walmart, general mills, procter & gamble and colgate coming up on today s show we will ask karen karniol-tambour to the fed s big hike. plus kroger delivering strong earnings, beating across the board, raising its guidance. ceo rodney mcmullen will tell us how he s managed to get through inflation, headwinds and what he is seeing from the consumer. let s start with the sell-off. mike santoli taking a look at the market fall-off after the three-quarters of a percentage increase yesterday. t

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Chris-toomey

Transcripts For KYW Eyewitness News At 6 20160701

minutes. he said road in vineland are flooded. very dangerous situation for people traveling on 40, 55, places like that. rain is heavy. this storm is now crossing the atlantic city expressway. one of the busiest shore travel day of the year, a lot of folks on that road and we have frequent lightening, heavy flooding rainfall. there have been rotation indicated with this storm. i wouldn t be surprised to hear reports of lots of wind damage with this storm before the night is through. see where it is right now. you can see reports of storm damage. we we have a report of hail slightly larger than pea sized near vei land earlier this evening and we have numerous warnings attached to that storm. severe thunderstorm warning for atlantic county until 6:15. flash flood warning with over 3 inches, radar indicated from that cell, that goes until 8:45 tonight. and we re in the done with the showers and storms at least until 11:00 or midnight when it finally clears out. coming up i ll t

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