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Transcripts For FBC Mornings 20240704

Since june. We are looking at a pullback this tuesday morning. Dow industrials down 150 right now, nasdaq down 63, and s p 500 lower by 19. Markets on the move as they await key inflation data, the july cpi is out on thursday, the pp be i out on friday. Congress remains on recess this week. Oil prices, the big story in markets this morning, take a look. Prices jumping to 10 week highs yesterday after saudi arabia extended production cuts for moanother month, setting off investor alarms over when a rescission might hit. Crude oil sits at 81. 71, down 1. 5 this morning. European markets also in the red, take a look. Weve got the european indices down across the board, italy announcing a surprise windfall tax, the ft 100 down 32, cac quarante down 50. Asia overnight markets finished mostly lower, hong kong was down about 1. 8 overnight. That the biggest mover on the averages. The nikkei average in japan eeking out a gain. The hang sang down better than 1 andahalf percent. The judge in
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Treasuries Extend Losses After Tepid Demand for Twin Auctions

Treasuries Extend Losses After Tepid Demand for Twin Auctions
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"Trifecta Of Dovish News... Consistent With Fed Cutting In September": Wall Street Reacts To Weaker CPI Print

"Trifecta Of Dovish News... Consistent With Fed Cutting In September": Wall Street Reacts To Weaker CPI Print
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