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Transcripts For FBC Varney 20240702

Thursdays heady selling. The dow can lost 600 to points thursday, a modest bounceback in the early going today. Dows up 50, nasdaq up about 60. There was one huge winner or thursday, winner for some time now, and thats nvidia. No serious pullback this morning, in fact, its up again, another 9 higher, expect 932 . If 92 . Interest rates, not that much change. The yield on the 10year just below 4. 5 . The yield on the 32year treasury is just below 5, 4. 96. Bitcoin, we have that placed at, lets see now, 67,4 right now. And gold, 2335 at last no, 2363 we have it now. Oil, 76 a barrel. Regular gas averages 3. 60 a gallon, thats down one cent. Diesel, 3. 89, down one cent. Politics. Confusion at the president s press conference. He wasnt sure what question hed been asked. He took only two prearrangeed questions. A well known pollster, nate silver, says bide, quote, needs to consider stepping aside if hes still struggling in august. There is a growing color race of democratchorus of democrat ....

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Transcripts For FBC Varney 20240703

Creators. They became popular on the platform thats under the microscope and could be banned or sale forced. Stuart not sure the connection there promoting Small Businesses and made the wrong of the tsonga i like the choice with the platform they song in the concept of freedom chose. And its a cloudy, misty day in stuart of course. Might find breakdance doesnt want to sell. They wont do it. New york harbor. 10 00 eastern. Straight to the money. Thanks, still had, consumer what i would call a favorable prices up 3. 4 in the last 12 months. What does he say about the state of the economy. Inflation rate producing a Charles Payne will discuss modest stock market, dow is up that. 130 can nasdaq up 70, 10 year treasury yield is encouraging investors, 4. 38 on the 10 year treasury, 5 basis points. The price of oil down 76 a barrel, but bitcoin on the way up, 64,169. The latest rea ....

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Transcripts For FBC Varney 20240703

Star county, texas, but border czar mayorkas says theres an immediate need of physical barriers. Perhaps the president is trying to look good just as republicans embarrassed themselves. The wall announcement came just as the matt gaetz fiasco rolls on. Without a speaker, the house can do very little and will have to wait until next week to replace Kevin Mccarthy. Expect the democrats to exploit the republican dilemma. Conservatives not going. Got nothing. The rapid rise in treasury yields has fueled a stock market selloff. This morning those yields are pulling back with. Were down to 4. 73 on the 10year, theyd been lower than that, and the 2year hovering at 5. 03. So far though theres been no stock bounce. The dow down ab 80 points at the opening bell, nasdaq down about 25 at the opening bell. No idea where we close today. Bitcoin, thats held up nicely, time to look at gas. Regular averages 3. 76, ask and look at california. Its d ....

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Transcripts For CSPAN Speaker 20240703

That ties Border Security and government funding together. The speaker and several House Republicans criticized President Bidens border policies and he said funding should be directed to the southern border and not ukraine. Thats ok, im from california. It passed. Many of you asked the question many times, could you pass the rule . I want to let you know that the role just past. Lets understand what the rule is. Dual bring up four appropriation bills we have been trying to do since july. Finally we have the members together to make that happen. If we finish those four along with the ones already, that would make it 73 of all the discretionary funds we are supposed to appropriate for this time. If anybody can answer how much has the senate passed, how many appropriation bills . Zero . Not true. You are wrong. Go back ....

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Transcripts For CSPAN Speaker 20240703

Thats ok, im from california. It passed. Many of you asked the question many times, could you pass the rule . I want to let you know that the role just past. Lets understand what the rule is. Dual bring up four appropriation bills we have been trying to do since july. Finally we have the members together to make that happen. If we finish those four along with the ones already, that would make it 73 of all the discretionary funds we are supposed to appropriate for this time. If anybody can answer how much has the senate passed, how many appropriation bills . Zero . Not true. You are wrong. Go back to school on that one. The senate has done nothing this entire time. The house continues to lead and make this happen. With republicans taking the majority, we learned today something they would not know. President biden lied to americans again. We have just found on a trip in 2013, while he was Vice President taking the plane to china, h ....

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