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CNBC Squawk Box July 11, 2024

The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its to ....

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CNBC Worldwide Exchange July 12, 2024

Burn a good thing in when you are an airline good morning, good afternoon, good evening thank you for joining us here on Worldwide Exchange. Aside from those top stories, we are following a massive 7. 8 earthquake that hit off the coast of alaska. There was an original tsunami warning that has been called off. That is a very big earthquake. Well bring you more relevant headlines as we get them thinking about the folks of alaska a quick check and futures will see the bottom right the dow futures are off. This comes off modest gains from the dow yesterday. We finished well off session highs. The nasdaq came off mondays move again hitting an intraday alltime high. Outside of stocks, we continue to watch Oil Prices Tick up. Yesterday, officially at prelockdown highs crude is a couple dollars more than that, we can see where we were prior to march 11 when all the lockdown and ....

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FBC Mornings July 4, 2024

About 200, nasdaq down 76 and s p 500 lower right now by 24. One of the issues is some weak earnings or forecasts. Ups for example beat on Second Quarter earnings but missed on revenue. The shipping company lowered the annual revenue forecast on soft ecommerce demand and reaching a labor deal with the Teamsters Union for 300,000 employees, Trucking Company yellow also filing for chapter 11 bankruptcy after years of financial struggles, growing debt. The Company Nearly 100 years old, had received more than 700 million from the Federal Reserve in aid during the pandemic. Greg, what do you think this tells us that yellow goes bankrupt, ups today has a weak forecast and misses on revenue . Is this a macroeconom ....

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CNBC Squawk July 4, 2024

Crossed, it looked like a different picture. We had a reversal midday we saw stocks give up the ghost and treasury yields surge and 10year yield cross 4. 1. It was the reversal to watch i think it is because mary daly and San Francisco fed says there is more work to be done after the cpi number people thought it is not over yet. It aint over. A long slog here. The lady hasnt sung. You cant say which lady right on the squawk planner. More inflation data. Ppi is due at 8 30 a. M poll polled forecasters expect a tick higher of. 2 . This comes after the cpi data showing prices rose 3. 2 year on year which is below the forecast the Supreme Court blocked for now a multibillion dollar deal by Purdue Pharma from the opioid crisis. They will look to release the claims by nondebtors against nondebtor parties without the consent. The ....

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CNBC Street July 4, 2024

And gilt yields higher. The soft july u. S. Inflation print sees the highest week as markets now decide the fed is all but done with hiking rates. And x corps Linda Yaccarino has full autonomy and tells cnbc in the exclusive interview that major advertisers are returning to the platform. As we go through the plan that it stuck with us and brands coming back. Are they coming back . Cocacola, visa, state farm c theyre coming back. Good morning welcome to street signs. It is friday im going to bring you breaking news that we have from the monthly report this is the oil report ill bring you the major headlines which have come through. Mainly the iea says Global Oil Demand is still set to expand by 2. 2 Million Barrels a day in 2023 that is steady from the previous forecast
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