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BLOOMBERG Bloomberg Markets Americas July 11, 2024

Via the coronavirus, and there is not much of the fed chair can say. Coronavirus is making all the decisions on the economy. Weakersales coming in than expected, actually the weakest since april. The High Frequency we have seen since then suggest the economy is slowing even further into november. The problem of course is there is no help from the fiscal side in washington, no talks about any additional covert relief package. Getting to the end of the year, most of the cares act expires. So people are looking to the fed, particularly people in the markets. They are looking at the yield curve, which has steepened slightly, still under 1 on the 10year, but there is a feeling that if the fed wanted to do something they could start buying at the longer and, changing the weighted average maturity of their purchases. If they did that, push down on Interest Rates. There is a feeling ....

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CNBC Squawk On The Street July 11, 2024

Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazo ....

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CNBC Closing Bell July 11, 2024

Shares of pharmacy giants are under pressure after amazon said it was jumping into the Prescription Drug business bowe is off a little pour than 100 points nasdaq and s p clinging on the gains. Coming on todays show, retail earnings season full swing. Shares of coles are higher after topping eps estimates this morning. We will talk with the ceo. Plus, as the u. S. Is seth coronavirus records we will talk with dr. Eric gooseby. All of that still to come. First lets focus on the big stories today. Mike santoli is tracking the market phil lebeau has more on teslas spree into the s p 500 and we will talk about the pharmacy space and amendss move into it. Mike santoli lets start with you. It was the morning was off the lows a mild pullback. Market seemed like it needed to cool off and rest for a day. Right now riding the upper rail here we close at a record yesterday remember that. Above 3600 working below week ago mondays high hard ....

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BLOOMBERG Bloomberg Markets Americas July 11, 2024

Republicans want pennsylvanias mailin voting process declared illegal. One of the president s most loyal supporters says it is time for mr. Trump to move on. Stephen schwarzman says the outcome of the election is certain today, and he is ready to help president elect biden. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Astrazeneca and the university of oxford the latest to deliver positive vaccine developments. Shares are lower today as analyst question some of the findings, although there is an outperform on the stock. We will speak with
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DW Hart Aber Fair July 11, 2024

A live update from the nicaraguan capital for not one plus paris. Thank you. Were looking at exclusive d. W. News footage of an air strike in ethiopia is tikrit province. The rebellious region has ignored a government ultimatum to surrender. Ethiopias defense minister tells us he expects the military offensive on to grad to be over within a week. And play richardson welcome to the show. The United States has announced it will be, bringing some troops home from iraq and afghanistan by made in january u. S. , President Donald Trump had earlier suggested he wanted to accelerate the troop withdrawal from both countries by the end of his charm and office. The pentagon says it just to choose hours and 500. 00 troops will remain in each nation respectively. These conflicts have lasted through 3 american presidencies, with u. S. Troops stationed in afghanistan since 2001. And ....

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