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Sec. Rubio says removing Iran's access to nuclear weapons is an objective of U.S. strikes
CNBC Television· 2026-03-03 22:00
Suffice it to say that our objectives remain as they've been identified from the beginning and by the president laid out clearly yesterday. Iran can never have a nuclear weapon and we will now not allow Iran to hide behind uh the immunity of a massive uh short-term ballistic missile inventory or the ability to make them or launch them. And so Sentcom in a joint operations is carrying out a systematic destruction of their missile belt, destruction of their launchers, and destruction of their ability to make ...
Markets are making what looks like a bottom, says Fundstrat's Tom Lee
CNBC Television· 2026-03-03 21:17
Tom Lee. Now, he's here with us at at Post 9. Good to have you back. Great. Your thoughts as you as you look at these markets. Been real interesting price action over the last couple of days. Thought our reporters set the table very well on the issues at hand that investors need to keep their eyes on. What about yours? >> Um, yeah, I think the headlines have been scary. No one wants to see the US in a conflict, but I think it's been spot on to note that markets have been taking this much better than expecte ...
Trump says U.S. will insure tankers transiting Strait of Hormuz
CNBC Television· 2026-03-03 21:15
Hey, it's Brian Sullivan of CNBC and Power Lunch. Listen, there's some huge news, potential news that came out of the White House. We've been saying now for a while that if you want to know where the stock market is going and energy and maybe your gasoline prices are going, you got to watch what's called the straight of Hormuz, the 20 mile wide area that you ship through to get to the Persian Gulf.20 to 30% of oil and natural gas and chemicals all go through that. And there's some news that maybe the United ...
Trump says Navy will escort tankers through Strait of Hormuz
CNBC Television· 2026-03-03 20:45
All right. So, President Trump saying on True Social just now that effective immediately, he's ordered the United States Development Finance Corporation to provide at a reasonable price political risk insurance and guarantees for the security of all maritime trade passing through the Gulf, especially for energy. Uh he said that it's available for all shipping lanes and that if necessary, the US Navy will begin escorting tankers through the straight.He said ultimately no matter what the United States will en ...
Markets will rally if fears around crude prices abate, says Freedom Capital's Jay Woods
CNBC Television· 2026-03-03 20:25
AFTERNOON. WE'RE DOWN ABOUT 376 POINTS RIGHT NOW. THAT BRINGS US RIGHT TO THE KEY HERE.THE KEY QUESTION FOR OUR NEXT TRADER. DO YOU JOIN IN. GRIT YOUR TEETH.BUY THIS DIP NOW. JAY WOODS OF FREEDOM CAPITAL IS HERE WITH US. HE'S A CNBC CONTRIBUTOR.SO YOU'RE JUST SAYING IT'S GOING TO BE AN INTERESTING HOUR INTO THE CLOSE. BUT AS A TELL FOR I'M WHAT YOU THINK EQUITY AT YARDENI IS IN THOSE SAYING LOOK WE'RE PRICED FOR SHORT WAR. AND I THINK EVERYONE'S WATCHING THIS TO SEE LIKE ARE THE ARE THE MARKETS CASTING A VO ...
Bond market saying Fed can't cut rates into higher oil prices, says One Point BFG's Peter Boockvar
CNBC Television· 2026-03-03 20:25
EAMON. JAVERS IN WASHINGTON, IF NOT FOR IRAN, WE WOULD STILL BE WORRIED ABOUT PRIVATE CREDIT. IT'S UNDER A LOT OF PRESSURE TODAY.WITH SHARES OF BLACKSTONE DOWN 4.5%. THAT'S ABOUT HALF THE LOSSES WE SAW EARLIER ON. LET'S BRING IN ANDREW SLIMMON.HE'S SENIOR PORTFOLIO MANAGER AT MORGAN STANLEY INVESTMENT MANAGEMENT. AND PETER BOOCKVAR IS CHIEF INVESTMENT OFFICER AT ONE POINT BFG WEALTH PARTNERS. WELCOME TO BOTH OF YOU.PETER. HOW IMPORTANT WOULD YOU SAY THE RIPPLE EFFECTS FROM THE ONGOING SITUATION IN SOFTWARE ...
Volatility is here, says Virtus' Joe Terranova
CNBC Television· 2026-03-03 20:21
So there is no reason to define the volatility. The volatility is here. Understand that.I don't think we have enough clarity. I don't think we have enough confidence in the clarity to expect on a day like yesterday where it looked as though you had the all clear and the market's going to break out to the upside to believe that can unfold. I think the same thing is true this morning.I don't think you have enough clarity to believe that there's a significant deterioration that's unfolding. So what do you do i ...
Target CEO on the company's turnaround plan
CNBC Television· 2026-03-03 20:15
I was going to ask what you're seeing that gives you confidence to project now sales growth of 2%. I think that's what the market is responding to today. >> Why do you see that.>> Two things. The confidence in the incredible team we have at Target and the confidence in the early places where we're seeing returns where we've made change. And so >> like what. >> So things like that change in beauty, things like food.And when I talk about style and design and differentiation, the categories that might top spri ...
Trump denies Israel pulled U.S. into war after Rubio remarks draw scrutiny
CNBC Television· 2026-03-03 19:45
He did clarify a little bit about what Marco Rubio was saying visav Israel and whether they forced our hand or as the president said no maybe we forced theirs. >> Yeah, that coming off of those comments from Marco Rubio, the secretary of state yesterday. Rubio said that the United States was facing an imminent threat from Iran because the US knew that the Israelis were going to strike Iran and when they did that, the Iranians would strike back at US targets rather than absorb that blow.Rubio said the United ...
Chinese AI startups see progress amid U.S. AI trade concerns
CNBC Television· 2026-03-03 19:30
Welcome back. The drama between the Pentagon and our AI companies is highlighting the broader risk for the US that China's unified strategy in military AI will give it the ultimate edge. Deja Bosa has more in today's tech.Dearra, hey, Kelly. So, the AI trade, it was built on a core assumption, American dominance. But that is falling apart just as geopolitics are picking up.And Wall Street is noticing. Investors have already been asking whether the trillions of dollars being poured into American AI infrastru ...