3.8 • 950 Ratings
🗓️ 6 July 2022
⏱️ 7 minutes
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0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis. |
0:06.8 | Subscribe to this podcast on Apple Podcast, Spotify or Stitcher. |
0:11.4 | Good morning. Today is Wednesday, July 6th, |
0:14.2 | and I'm your host Julie Morgan. |
0:16.1 | Our top stories, Oil, Home Buying and Selling, and Voyager, |
0:20.8 | and later, Jewel, Broad Broadcom and Amazon. |
0:25.0 | Wall Street recorded a mixed performance on Tuesday as stocks bounced back from an early slide |
0:30.8 | thanks to a recovery in technology stocks. The NASDAQ rose 1.8% on the session |
0:36.3 | while the Dow finished in negative territory. And the Euro fell to its lowest level in two decades. |
0:43.0 | Ahead of the opening bell today, the Dow S&P and NASDAQ futures are up. |
0:47.4 | The Dow is up a tiny fraction. |
0:49.0 | The S&P is up less than 0.1% and the NASDAQ is up 0.2%. We'll take another look at futures as well as the |
0:56.7 | world markets and crude oil in a few minutes. In the earnings spotlight today, Simulations Plus. In our day watch, ongoing |
1:06.3 | worries about the supply chain sparked selling in European automaker Stilantis |
1:11.1 | leading the stock to drop almost 6%. The decline came as a union in Italy |
1:16.0 | said the maker of vehicles like Fiat and Chrysler would suffer from a lack of semiconductors. |
1:21.4 | A union chief said the shortage could reduce production by up to of $1.71, a decline of $69 on the day. |
1:34.2 | shares also touched a new intra-day 52-week low of $11.47. |
1:39.8 | Overall, the stock has dropped 40% in 2022. |
1:44.4 | Now our top stories. |
1:46.3 | OPEC Secretary General Mohammed Barkendo |
1:49.1 | has died at the age of 63. |
... |
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