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Transcripts For CNBC Squawk Box 20240713

About 2. 4 you are looking at additional declines the dow has improved we were down about 443 now we are indicated down about 366. S p futures indicated down about 32 all major averages saw declines but the dow was the biggest. S p off by 1. 8 . Nasdaq down by just 1 yesterday. A lot of it as we watched oil prices under pressure. Lets check thetreasury market 10year yielding below 0. 6 at 0. 0. 58 . Oil prices yesterday, nobody has ever seen anything like this no. Lead story went to minus 37. 63 a barrel. No place to put it people would like to store it. More people watching june switch over june is not much better obviously. No. I was shocked how much pressure that is under too. Big gain of 80 . Futures, strange things happen not everybody Takes Delivery reflecting the lack of capacity. I think peak oil might have been maybe not a real thing going back we are a wash in oil. Understanding all of the oil not being used crude delive ....

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