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CNBC Closing Bell July 13, 2024

China trade deal jobless claims fall. And real estate and staples are leading the charge joining us for the hour is stephanie link were both feeling the holiday red but we got a green market. Like a christmas theme were now starting to see internalsin the market thats confirming the stabilization look at the 210 spread, the yield curve is steepening. Nats a good sign asia stocks, they are breaking out. You look at oil up 10 in the past month all of these things are confirming were seeing stabilization and that sets us up for 2020 seeing better growth my biggest question mark does this translate into better earnings i think we will see better earnings which maybe not right away you have pmis globally that are stabilizing. I feel good going into 2020. It has to be an Earnings Growth year all three averages are up half a percent first lets focus on the big stories were watching Kayl ....

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CNBC Fast Money July 13, 2024

We will name names and later a prediction so wild and bold that honestly we question if we would even talk about it and bring it to you we debated it. But we are bringing it to you and you will hear it coming up true story all that ahead in the next 60 minutes. But nike bouncing back a bit after the steep post earnings drop lets get the numbers, talk about china with seema modi. Talking about her hometown heroes, nike, seema. Thats right, brian sthars of nike turning around after slipping as much as 2 in extended trading a solid beat on the bottom line. But the company said margins were negatively impacted by higher input costs primarily due to incremental tariffs in north america. Sfratly nike reported Greater China sales of 1. 85 billion up 23 this quarter but a slower pace of quarter than last quarter when sales grew 27 . Still, nike has been able to steadily grow revenue in the country over the past five years. Targeting the
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