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Transcripts For CNBC Squawk Box 20240712

Weve seen the dow and triple gains. S p in positive territory too. Down 22 points, s p futures are off by four. Yesterday was a good day for the markets. You had the nasdaq wed been watching closely was a big outperformer gain of 293 points the first day out of the last four both the nasdaq and s p have been in positive territory. Those three days before that give you something to worry about . Futures had been higher. Down a lot but come off the highs in the session looking at the treasury market where the 10year stands right now. Just below 0. 7 . Oil prices which really fluctuated and sold off sharply. This morning are down again. Wti off 1. 5 andrew thanks, becky a couple big stories to talk about. The senate set to vote on that slimmed down relief bill today talks between the white house and House Democrats and a report that President Trump may step in with more execut ....

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Transcripts For CNBC Squawk Box 20240712

When you say a line, more than two people i think they have to be at work at 6 00 or something. I was upstairs getting my coffee everyone had a mask on but there were six or seven people out there waiting. Were you one of them . I was notone of them. Much better smelling. That would be from your standing and not max cutting the losses in half. Im willing to give that to him . I have to say, Brian Sullivan puts on a very good show i appreciate the lead in i listen because i do my hair and make up about five feet from here energetic at 5 00 a. M he brings it every day. You could be up or down up 2. 3 . S p was up 1. 5 . Both of those averages now on track for the Third Straight gains. This has been an impressive quarter. All the way back to the Fourth Quarter since 98 we have seen three months in a row that have been impre ....

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Transcripts For CNBC Closing Bell 20240713

Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pul ....

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Transcripts For CNBC Closing Bell 20240713

Orders thats weighing on the dow nasdaq about 4 itself today s p up about 3 , sara. Weve got big news coming up on todays show. Wells fargo ceo joins us to break down the Small Business loans and impact of pandemic on the bank then later, well speak exclusively with the ceo of Carnival Cruise lines as a they take a huge hit. Carnival shares down about 75 this year. Well have the ceo if and when the industry can get back on its feet with 59 minutes left of trading, lets focus in on the big stories. Wilfred has the news on the Bank Earnings meg with the treatments and vaccines and Steve Liesman wi k34e7b9s from two fed officials. Gl they had opened hirer this morning, jpmorgan and wells fargo. Provisions for potentially bad loans spiked 8. 3 billion for jpmorgan, 3. 8 ....

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Transcripts For CSPAN3 Transportation Secretary Elaine Chao Testifies On Presidents 2021 Budget... 20240713

It eroded. Transportation secretary elaine chao testified before a House Appropriations subcommittee on the president s 2021 budget request. During the hearing she addressed infrastructure project, highway and rail safety, investment into the nations ports and discretionary Grant Programs that impacted the needs of rural and urban areas. The subcommittee will come to order. Good morning. Im pleased to kick off the subcommittee hearing season for this and other subcommittees by examining the fiscal year 20 21 budget request for our department of transportation. Secretary chao, welcome back and thank you for joining us. Glad to have you here. Frur serves as the foundation and quality of life. It facilitates the flow of goods and services, connects Education Opportunities and plays a significant role in our n ....

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