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CNBC Squawk Box July 13, 2024

Has been the trend we have been watching for quite some time future indicated 44 points by the dow. S p futures by 3. 5 this comes after we saw all three of the major averages sitting at new highs again on friday thats happened a lot recently the dow and the s p 500 up for the last seven of the last eight sessions nasdaq on an eightday winning streak and thats something that youre watching as we kind of rush into the Holiday Season here also look at whats happening in the treasury market. Youll see that right now the ten year looks like it is yielding 1. 91 just below 2 for the ten year we have some news breaking just literally in the past hour now. Report saudi arabia sentencing five people to death for the killing of Washington Post columnist jamal khashoggi, he was murdered of course in that saudi consulate in istanbul just last year by a team of saudi agents saudistate r ....

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KTVU KTVU Mornings On 2 At 9am July 13, 2024

I used to love these days. I could finally start living my life. Im out and the weather was always clear and cold. Five weeks vacation. You get to chill for a little bit. My little boys are counting down. The last day of school is friday. Dropping off the calendar days. You can feel the excitement in the house building. I love it. And i love the cool, clear weather. Is it going to last . No, its not. Okay, thanks for answering the question. This will be the clearest day of the week by far. Coldest weve seen in a long time but it will be a sunny day. Clear weather and temperatures this time of year, the days are very short. So we are hard pressed to warm up that much. Mid 50s. Chilly tomorrow morning. And increasing clouds late tuesday to wednesday, 30s for a few. And 40s for most. An easterly breeze coming off the caldicott. Oakland airport is rocketing up to 49. So is sfo. So theres an offshore component. Inland well struggle to recover from the low 30s. Today is the day to get out if ....

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CNBC Squawk Box July 13, 2024

Nasdaq off by 35 we have been thinking the new deal would be by december 15 the huge question is do those new tariffs come into effect the market has been punched in the mouth twice since yet yesterday, futures were up almost a full percent. The first china news yesterday that things werent looking great for december 15. These new comments imply phase one is not nowhere but if people are still thinking december 15, thats hard to believe yesterday, the pull back was the worst day weve seen in months but still talking about a decline. The dow up 4. 2, s p up by 5. 5. Well see today while the move yesterday wasnt too significant, volatility spikes more dramatically that implies that todays move was not unexpected we may see bigger moves in the days ahead we have the sound bite. Getting to the comments from willem marx in london. The president arrived here late last night. Stayed at the u. S. Ambassadors residence. He gave some Public Co ....

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BLOOMBERG Bloomberg Technology July 13, 2024

Retail app. Is it a sign that black friday is broadening its reach. First, our top story. Ubers future in the city of london is looking bleak. They are not allowing a license, the reason im a rider safety. The mood in london is that uber will have to follow a similar procedure has a few years ago. In 2017, it was denied a license the first time and it immediately appealed. As long as an appeal is ongoing, they are allowed to continue. Wilbur said that they will appeal the wilbur said they it willsaid today appeal the uber said they will appeal the decision. As long as that appeal carries on through the courts, then it can stay on the ground. The question will be whether the company can make the changes in its software to allow tfl to feel comfortable that it is worthy and whether it is fit and proper, as they say. Uber said it has already fixed one of the main problems that tfl had with the app in the first place. But we will probably have to wait until the spring to get any answer fro ....

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FBC Varney Company July 13, 2024

The wall street journal calculates that icahn will make 400 million if hes right. More on that in a moment. Lets get to the market. Down yesterday, and probably opening a little lower this morning. President trump says if china doesnt make a trade deal, he might raise tariffs even more. He also said hes very happy with china because the treasury has taken in almost 100 billion from tariffs. All right. The dow is going to open down about 80, s p down about 9, nasdaq down about 32. But all of them still right at record highs. In a couple of hours, really big meeting in texas. Apple meets the president. Tim cook meets donald trump. This is at the new mac pro factory in austin. Pivotal meeting. Its about building apple products in america. Its about tariffs on apple products. Its about china trade negotiations. It is a big deal meeting. Just as important, what will the president say to reporters when he leaves the white house . We will certainly tell you. Varney company is about to begin. ....

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