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CNBC Closing Bell June 22, 2024

High. Yes, down 20 otherwise. Now when oil goes lower, airlines tend to go higher in terms of the stocks as those stocks rallies today. Can you see that each of them most of them up over 2 . We have the number one analyst Airline Analyst on the street with us to day. Jamie baker. Hell give us his top airline picks. And president obama just announcing new Clean Power Plan which could have a major impact on the coal industry and basically industry at large. Weve got the ceo of American Electric power live. And the cit group is completing the purchase of one best banks parent company, cit ceo john than will be joining us to discuss that deal and the impact it could have on the lending environment. That will be a cnbc exclusive in a few minutes. In the meantime lets talk about todays
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CNBC Fast Money June 22, 2024

In fact it closed down 30 bips. Big deal. And in fact, to try to preach a lot of fear mongering right now is a dangerous thing to do. Having said that, theres a lot of damage underneath the surface. Theres a lot of stocks today. We talked about how weve been printing many new 52week lows across the board. And Commodity Prices are telling you something. And clearly is this deflationary . Absolutely. Is this good for the consumer . I think absolutely. Does this mean that Global Growth is plummeting . I dont think so. So on some level there is a supply issue. On some level theres an asset issue. And i think thats how you have to look at it. But to say the stock market is very healthy right now because its only a couple err percent off the highs is not something i would say. The tlt outsize move up more than a . Xle on the s p 500. Thats not good. 2 1 4 in terms of tenyear yield ....

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CNBC Closing Bell February 18, 2015

Communiques. Market perceptions had they will take patient out next month in march and then they will raise rates in june. These come out whether its jpmorgan saying theyre more dovish than expected or capital e con saying this just adds to all the confusion. The signal to markets is clear, this sounds like a fed thats slightly more dovish but the shelf life may be a couple days. We hear from janet yellen on tuesday. The data in the month has generally not been that great. Well talk about that in a moment. Were keeping an eye on a story developing in Southern California. Some kind of incident at an exxonmobil refinery in torrance. Theres a fire well have the latest details on. The Energy Market reaction. Weve seen an update in gasoline prices in georgia, gasoline futures, what they call car bob futures in l. A. The price has gone up 10 to 18 cents per gallon. Well keep an ....

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