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KQED Nightly Business Report July 14, 2024

Modest moves in the stock market. Orthis month has been big investors. In fact, it could be one of the very best for longtime. Optimism has been improving but toomy there was caution ahead of the trade talks between the u. S. And china which are set to take place later this week at the g20 summit in pan. Today the Dow Jones Industrial rose to 26,727. Nasdaq was down 26. 5. E s p was down today despite these small moves, recent rallies have sent the major indexes close to new highs. But does this months move higher have staying power . Mike santoli takes a look. Reporter this tripo a fresh record is perhaps the most confusing in terms of how it happened and what comes nexnd its come with treasury yields anchored near 30 month lows, recession fears slowing and manufacturing stalling. The rallyas been driven by defensive stock sectors such as utilitieas and gold broken st to a multiyear high. Investortiment has been quite cauti ....

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CNBC Squawk On The Street June 22, 2024

Ten oil down. Europe red across the board. No surprise. In our road map this morning, european markets not alone in terms of volatility but aggressive support measures in china seem to have stemmed some of the selloff. Aetna agrees to buy humana. Well speak with both the ceos later on in the show. Currencies caught in the cross winds of global uncertainty and thats affecting kmoimd commodities. We do want to get you the latest on greece this morning, the morning after voters rejected creditors austerity demands in the referendum. We are in athens this morning with an update. Good morning. Reporter good morning. It is now a waiting game. Were waiting for so many things. The finance minister has resigned. Were waiting to see who the replacement will be. Today we are waiting for the u ecbs decision on what they will extend to the banks. No details on that. Tonight we know that merkel will meet in paris with germany, and merkel will travel to paris to discuss the discussion in grease with ....

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BLOOMBERG On The Move June 22, 2024

Money going into the euro as well. Risk appetite for the eurozone up at 1. 1105. Clearly some money going into the euro. We saw that spiking higher late last night. Moving out of haven german borrowing costs rising which means the bonds are following falling because of their price. We are seeing them at five week lows in terms of borrowing costs and greece seeing almost a one percentage point move. Many have the optimism that a deal will be done. Some Corporate News this morning, we have some companies coming out in terms of statements. Ryanair up one point 6 because finally the king maker has agreed. It seems that ryanair will let go of their 30 stake in aer lingus to aig. Ryanair saying we will take your money, they will make a small profit on it having owned aer lingus for nine years now and they wish iag well. Intercontinental hotels keep an eye on. International hotels in hong kong going for almost 1 billion. They will take a ....

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BLOOMBERG Countdown June 22, 2024

Anna welcome to countdown. Ryan we will be talking to the ceo of this swiss drugmaker later in the day. Just missing sales the estimate on sales coming in at just over one billion swiss francs. The expectation from analysts was 1. 3 billion. Anna the swiss drugs giant considering reporting what they call a good Second Quarter. That number is for the Second Quarter and that is actually 12. 69 billion compared to 12. 7 2 billion that was the forecast. A touch shy or broadly in line with analyst estimates. A lot of focus on where this business is going and where theyre going to guide the market. Deutsche bank and ubs thought there could be room for an earnings upgrade. Core ets for the Second Quarter coming in at 1. 37. It this will we will have to wait and see whether we get anything of that ilk coming through. On that cor ....

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KQED BBC World News America June 22, 2024

Come, giving your company the resources and stability to thrive. Mufg, we build relationships that build the world. And now, bbc world news america. Bbc world news america. As turkey learns the 32 young activists killed in a suicide bomb blast near the border, a suspect is named. Ebola left children orphaned. It is a struggle to be free accepted. We report from sierra leone. A groundbreaking procedure could offer hope to some of those with the most common form of sight loss. Katty welcome to our viewers on Public Television in america and around the world. A mass funeral was held in turkey today for victims of mondays attack. Most of the 32 People Killed were students who were discussing the rebuilding of a city where kurdish fighters have been battling Islamic State militants. He is thought the bombers not to have link ....

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