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Transcripts For FBC Varney Company 20240712

Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the
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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

No doubt do nothing to help. 2. 75 . Daq is down we had the vix at 65. A Stronger Crude Oil index today. Basically, all industries in the s p 500 are lower. Just a couple of stocks higher, things like kroger and netflix once again. Absolutely. Rebalancing is done. President didnt sound very positive last night. In fact, he really didnt sound very positive last night. He delivered a long press conference. I think thats taken the shine off of stocks. , u. K. Banks also not paying dividends. The stoxx 600 is down by 2. 82 . Volume is a little on the light side, but actually ok. The saudis are really pumping it out. You wonder what will happen when storage gets full. Youve got a stronger dollar today. 1. 0928. Ar trading on off a lot of points out of the ftse 100 and the stoxx 600. Vonnie we are joined on the edne by yardeni founder yardeni. What are you looking at for the quarter and for next quarter . Ed it is hard to do point e ....

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Transcripts For BBCNEWS Business Briefing 20240713

We start in china where as youve been hearing telecoms giant huawei has launched a new legal challenge against the us. Its appealing a decision last month to stop us mobile phone companies from using government grants to buy its equipment. It follows a similar legal challenge in may against a ban on Us Government agencies from buying its kit. Lets get more on this story from our correspondent in shanghai, robin brant. What does huawei hope the practical effect of this will be . What do they hope to achieve with this challenge . They want to overturn a ban and we will have to wait and see what the us court of appeals thinks about that. But what it is also trying to do is demonstrate that it has the resources and the desire to push back and there is also a Public Relations exercise ongoing here, one in which huawei is spending a vast amount of money as it continues, frankly, i ....

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Transcripts For BBCNEWS Business Briefing 20240713

A Global Survey out today suggests young people view Climate Change as one of the Biggest Challenges facing the world. It comes as the environmental activist, greta thunberg, is set to address government ministers meeting in madrid. The survey by Amnesty International covered 10,000 young people and Climate Change came top of the list of challenges facing the world. The impact of this rising concern is predicted to have a dramatic impact on polluting industries. Its estimated the worlds 10 biggest oil and gas firms could lose 31 of their current value. Meanwhile, other sectors could gain. The same analysis suggests car makers, which move swiftly to electric vehicles, could more than double in value. A ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

Receive american text. That going is backed, topping 13,000 and bringing its games t gains to 40 . It is 2017 all over again. Shery lets get a quick check of how markets closed wednesday session in the u. S. Equity markets started the session higher, but most momentum in the afternoon. The s p 500 looks awaiting between gains and losses. Th s p 500e fell for a fourth consecutive session. Still the tech sector was strong. Chipmakers leaving the gains leading the gains. A philadelphia chipmaker closing at the highest level in more than a month. 1 ,nasdaq gaining 3 10 of despite the fact that President Trump said at one point the u. S. Will one day sue google and facebook. U. S. Futures at the moment not doing much. Lets see how markets are shaping up in asia. Sophie we could see another lackluster day in the making with the regional benchmark for another session. This thursdayont, we have
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