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CNBC Mad Money July 13, 2024

Points, we were down more than that nasdaq inched up have we already bottomed thats big question i heard all weekend. I was operating that might be temporary, would revisit the march lows, perhaps even taking out that level figured retest was virtually inevitable there was just too much weakness in the system. All through here, just knew things were going very awry. Now im feeling more confident about the future i said this morning im not going to be as negative. In part because the federal government has made unprecedented moves to prop up the economy. Very good things in that 2. 2 trillion rescue package, but fdic went nuclear, adopted a malcolm x approach to keep his economy alive by any means necessary. Fed chief has unlimited firepower. Sure its great that the government is providing forgivable loans to Small Business owners to keep employees on payroll and great we expanded
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CNBC Closing Bell July 13, 2024

Student loan debt and new york orders 100 of the states workforce to stay home except for essential sftss. California, illinois and United Kingdom asking residents to do the same moments from now, he runs the largest restaurant in the world. Mcdonalds ceo will join us for an exclusive interview to discuss the companys response to the coronavirus that live interview coming in just a few minutes lets focus on the big stories we are watch iing. Mike tracking the market moves in the final hour of trade bob pisani on the unprecedented week for stocks. Meg has the latest on the coronavirus. Mike, first to you on this Market Action on the final weekday of a crazy week. Its still skittish there was a couple of days we were able to pull out some clues of stabilization a chart of the s p 500, we keep going back to the levels of tight end 2018 right back there now i think you can look un ....

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CNBC Squawk On The Street November 24, 2017

Im carl kiquintanilla and melis lee. We turn to black friday and all things retail. We might get records for the s p and the nasdaq at least at the open euro at the sixweek high against the dollar having the best run since july. Europe is up and oil is the other story, thats a two and a half year high and that opec meeting next week. Our roadmap begins with the season for shopping. Retailers have focused on the holiday shortened day. Macys hoping the post thanksgiving spending free will end a threeyear sale slump. A massive data breach made public on tuesday and now reports the new ceo has known about the hack for months. It is black friday, the official start of the Holiday Shopping season many shoppers already got a head start. By last night consumers had spend 1. 5 billion online. Consumer spending up nearly 17 year on year until 5 00 p. M. Last night according to adobe analystics which tracks
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CNBC Power Lunch June 22, 2024

It will have erased the gains of the year. Courtney reagan has more on whats exactly happening. One trader i talked to said there is no one sudden catalyst. Just a lot of things were seeing thats making this a be generally riskoff trade. If weve broken through sew key Technical Levels. Specifically on the s p 500. The next level we are looking for is 2,067. Well see if we break through or hold above it. Consumer discretionary, health care, telecom are the biggest drags. Energy is actually higher and crude oil which continues to fall. Despite all the retail news and movers in the Consumer Discretionary names weve been uk talking about it all today, 7 of the 15 performing stocks in the s p 500 are media stocks. It is kind of due to this reinvigorateing talk about cord cutting. If you look at the s p media industry, a subsector group here, having its week since october ....

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CNBC Squawk On The Street June 22, 2024

Than annihilated overnight. U. S. Futures surging after Chinas Central Bank announced they are going to a similar jump in futures after china announced a rate cut but that 441 point rally in the midday session was wiped out by the end. The blue chips closing down 205. The s p has lost 2 trillion in market cap over the past seven sessions. You did not like yesterdays open. Do you like this one in. I think there will be a better time if you want to buy. I think there have been some bargains created. Thats a big difference. I think yesterday is funny. We should have been down one . Yesterday europe was pushing the euro down. Interest rates werent that good. Interest rates not that good. We have a couple things i like. Schlumberger is the greatest in the oil patch. Theyre making an acquisition. Weve been waiting for consolidation there. The actual individual components of retail that have been strong. I think the last 45 minutes ....

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