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Transcripts For CNBC Closing Bell 20240713

Sevenweek win streak and tech is the secondworst performer in the s p. Joining us for the hour, Barbara Duran from bda capital is here at post 9, talking more about a market that happens to be happy as long as trade tensions are not escalated, pretty much right . That is for sure. And i think a lot is being discounted in the market in terms of global recovery, the fed is on hold, but watching careful. And we have yet to see the effect of the Interest Rates next year. But trade, i think, its what people are expecting is that therell be no more bad news i think hoping for something more, like a rollback of tariffs would be a bit much. This seems to have morphed into a geopolitical technological fliskt i think the downside is limited also for those same reasons, plus people are defensively postured and so on but i think what its going to take is next year, having to see what the earnings are going to be and thats a possibility is the market even considering that possibility is that priced

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Transcripts For CNBC Closing Bell 20140404

Mylin labs. Were watching a broad based selloff in technology, and you wonder, kelly, if this is the beginning of this long awaited correction in the market right now. I can tell you thats a lot of the chatter on the floor down leer. Meanwhile, u. S. Attorney general eric holder telling Congress Today he will look into High Frequency trading, something the new york a. G. Eric snyderman is also pledging to do. Will it effectively be criminalized. Really looking forward to that conversation. And the average congressman makes about 175,000 and works roughly 125 days a year which averages to about 2 1 2 days a week. I know im leading the witness on this, but one prominent member of congress is claiming that lawmakers in washington are underpaid. He said that. You will hear it in his own words just ahead. Now, here is where we stand in the markets as mentioned. The Dow Jones Industrial average only needed a couple points to close at a record high. Instead, its giving up 150 this hour. Thats

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90-year-old New Orleans man celebrates 50 years at the same job

The staff at New York Life's branch in New Orleans gathered to celebrate Lionel Smith's birthday – and his 50th work anniversary.

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