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CNBC Closing Bell July 12, 2024

Market we have a great lineup of guests coming your way well speak exclusively with Morgan Stanley ceo james gorman. His take on the markets come back the read on the economy and the strength of the banks. Plus, you will hear from the ceos of macys, Signet Jewelers and brown foreman. Theyre joining us to discuss their path forward for their respective irz stroo respective industries. But lets begin with the Broader Market the rally, take the pause today following the rapid surge that pushed the s p 500 back into territory for the year if we close higher well get another record close for the tech hefin dechl. What you are watching . It does look that way, sarah. A recoil from the recent trends. The headline index is pulling back outside of the index. The majority of volume is to the down side. This is one day where the i ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

More than 2 on the stoxx 600 great s p futures point to another day of decline in the u. S. On track for six days of declines and heading for lowest close since october and global stocks for the 10 year yield hitting a fresh record low. Yields are dropping across the u. S. Curve. The two year yield sitting around 112. To the euro missed the risk off memo . Three out of the past four days. 10947. It could be down to the broad dollar weakness. The yen has been big today along with gold. Saying we could get 1800 on gold. Wti extending its slide beyond a 13 month low. Lets get the bloomberg first word news. We begin with italian Opposition Leader Matteo Salvini who accuses the government of underestimating the threat of coronavirus. He is urging them to earmark at least 10 billion euros for emergency measures. I think it will be the composed of factions the dont like each othe ....

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FBC Maria Bartiromos Wall Street July 13, 2024

Senate. Peter, thank you so much for being with me this weekend. s great to be with you maria what a week of history. It has been incredible. Maria and of course the week ahead looks to be historic as well. Lets talk about what you got done, you and your colleagues got done at the white house. We saw usmca passed the senate, its headed to the president s desk. We are expecting that to be signed into law this week and then the china deal. Lets go through the china trade deal and tell us whats most important. What we have in the china deal when really strong provisions for intellectual property. Really good start on forced technology transfer, and there is a provision on currency manipulation. So those are three of what i have are deferred to his the seven deadly structural sins of china. So its a very good start, over and above that is icing on the cake and a real fiscal stimulus for 2020 economy, we got government purchases from china of about 200 billion worth of goods over and above ....

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FBC Maria Bartiromos Wall Street July 13, 2024

Peter, thank you so much for being with me this weekend. s great to be with you maria what a week of history. It has been incredible. Maria and of course the week ahead looks to be historic as well. Lets talk about what you got done, you and your colleagues got done at the white house. We saw usmca passed the senate, its headed to the president s desk. We are expecting that to be signed into law this week and then the china deal. Lets go through the china trade deal and tell us whats most important. What we have in the china deal when really strong provisions for intellectual property. Really good start on forced technology transfer, and there is a provision on currency manipulation. So those are three of what i have are deferred to his the seven deadly structural sins of china. So its a very good start, over and above that is icing on the cake and a real fiscal stimulus for 2020 economy, we got government purchases from china of about 200 billion worth of goods over and above the 2017 ....

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FBC Maria Bartiromos Wall Street July 13, 2024

Peter, thank you so much for being with me this weekend. s great to be with you maria what a week of history. It has been incredible. Maria and of course the week ahead looks to be historic as well. Lets talk about what you got done, you and your colleagues got done at the white house. We saw usmca passed the senate, its headed to the president s desk. We are expecting that to be signed into law this week and then the china deal. Lets go through the china trade deal and tell us whats most important. What we have in the china deal when really strong provisions for intellectual property. Really good start on forced technology transfer, and there is a provision on currency manipulation. So those are three of what i have are deferred to his the seven deadly structural sins of china. So its a very good start, over and above that is icing on the cake and a real fiscal stimulus for 2020 economy, we got government purchases from china of about 200 billion worth of goods over and above the 2017 ....

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