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CNBC Fast Money July 14, 2024

Kicks in in china and the u. S. Manufacturing sector contracts for the first time in more than three years. All three major averages ending the day in the red is this just the beginning of a bigger september slide guy . We talked about it last week. Quite frankly i thought we would rally today, i thought thursday, friday made sense we rallied, i thought we would rally again today and towards the end of the later part of this week, early next week we would start to slide. Things are not bullish for stocks right now if the only case for bullish in stocks is that valuations are reasonable and rates are going lower i think you are on pretty thin ice it feels like the market needs to have the next leg down. What ive said before and what i will say again, i think the market bottom will be defined when the vix trades on or around 30, we are at basically 20 now you do the math. I think there is a huge move coming and i think its going to sort of begin in the middle part of this month. Dan yeah ....

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BLOOMBERG Bloomberg Technology July 14, 2024

Emission said they will break up the tech company. Get ready for things to get messy if he tries to be u. S. Stocks suffering another the selloff in treasuries. Surging as mountain signs of an economic slowdown still fears a recession. The s p 500 has big tech driving the losses. , amazon allsoft closing deep in the red. It has gripped the index since President Trump rekindled the trade war with china at the start of august. The s p 500 has gone 1 for 11 straight sessions and is now down 6 from a july record. We are joined by our Bloomberg Cross asset reporter in new york. A lot of bond buying today. What does that mean for tech . Longerf you look at dated bond yields with 30 year sawing to a record low, we a yield curve inversion between the two year treasury yield to a 10 year treasury yields for the First Time Since
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KGO ABC7 News 500AM July 14, 2024

We can get arriving flights from being delayed today. 59 to 62. Most of us a little cooler this morning. A little thick dew also. 62t 4 and 7 00 at the coast. The bay a little warmer, 75, 79 and down to a comfortable 72. 72 it will be very nice no matter where you are during the evening hours. Here is frances. Lets find out about the commute this morning. Lots of green out there, but were tracking a couple accidents in the east bay. Here is a look at one northbound 242 at grant. The offramp is blocked because of a big rig accident. It might be out there for a while. You may want to consider clayton a an alternate. East bay 4 at san marco boulevard. An accident to the righthand side. Traffic flows well, southbound 242 looks good. Southbound 680 on the righthand side here. Elsewhere weve got friday light traffic. No delays at all at the bay bridge toll plaza. Thank you very much, frances. New this morning, a person has been injured in this house fire in los gatos. The fire broke out at a ....

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KGO ABC7 News 600AM July 14, 2024

There could be patchy fog in the north bay valleys and along the coast. Mid to low 60s this afternoon through this evening at the coast. Then weve got mid to upper 70s bay and inland at noon. 79 to 88. A little warmer this afternoon. 72 to 81 with dry air as we head through the evening hours. Here is frances. A live shot of the bay bridge toll plaza. You can see traffic is super light right now. No metering lights. There was even a hitandrun at the tolls, no delays at all still. There are a few problem spots out there, one in concord, although the countercommute direction. A big rig crash northbound 242 blocking the grant street offramp. You can see traffic flowing very well through the area. Clayton is an alternate for you. Also, as we head farther south, theres an injury crash southbound 85 at blossom hill. I put in a little speed sensor there. Traffic moving at 76 Miles Per Hour past the accident. New this morning, a person has ....

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CNBC Street Signs July 14, 2024

As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome to street signs. As you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0. 7 higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the Reference Point for the yuan slightly weaker than expected, but overall no more escalation in the u. S. chi ....

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