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Transcripts For CNBC Closing Bell 20240712

Drop coming up on todays show, were taking a look at how a number of Different Industries are getting back to work in america. Well talk hotels and travel with the ceo of best western plus, walter rob, the former coceo of whole foods will weigh in on grocery trends and well talk about the state of the consumer lets kick things off with a Broader Market a choppy day to kick off the trading week pretty positive. Right near the session highs as we stand on track for a record close for the nasdaq composite actually kind of a quiet levitation out there the average stock not doing much of anything. Volumes are low. But v but the Growth Stocks are powering higher. You see a one year of the s p 500. Its about a couple weeks ago that the enthusiasm for that reopening really seemed to crest for a little while since then, the old Growth Stocks, if you look at the top of the dow right now, its nike, apple, walmart, visa, microsoft. These are the days when the observation that Great Companies remai

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ASX 200 LIVE: ASX to rise; Wall Street climbs on energy gains

Shares advance buoyed by gains in energy stocks; Monadelphous seals $200m contract with Albemarle; Credit Suisse fined $575m over Archegos fiasco. Follow here for more.

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Halfway through 2023 Wall Street still can't agree on the earnings outlook

For 2023, among the two dozen or so strategists that offer earnings estimates, the numbers range from $230 at the high end to Mike Wilson's $185-$195 at the low end.

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US Stocks Will Do Well in Coming Months As Recession Risk Wanes: Credit Suisse

US stocks are set to perform well over the "next several months", according to Jonathan Golub, amid falling inflation expectations and a potential pickup in consumption.

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