Month. The Unemployment Rate fell to 11. 1 . That is sparking a rally as investors also ignore rising coronavirus cases. Right now, as you can see, we are hovering just above 26,000. We may hit session highs once again. The dow was up more than 400. We will see if we can kick it up in the last hour. The s p up 34, the nasdaq up 122. This could be the 23rd record close for the nasdaq and second day in a row we got records for the techheavy nasdaq. We shall see. The june jobs report reflecting the reopening of america. Atlantic city casinos rolling the dice on reopening today. The ceo of golden gate casino shares his advice for his competitors after opening his vegas casinos just last month. But gym owners are still waiting for the green light to reopen in many places. Beach body ceo and founder on gym owners rights to the workathome boom. And its ipo day for lemonade. We will talk to the ceo of the insurance app thats targeting millenials and disrupting a very traditional industry. Less than an hour to the closing bell, im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl we continue on this breaking news. Investor hopes for modernas Coronavirus Vaccine took a hit after a delay was reported in a large trial test of the biotechs drug because the company is tweaking the study which is not i guess unusual in the pharma world but still, it spooked investors. Stock is down almost 5 . Theres no clarity on how long this delay is going to last. Stock to watch as we go into the close definitely is moderna. Looking at tesla, going from strength to strength. Shares hitting a record after Second Quarter deliveries smashed the estimates. The ev maker delivered a jawdropping 90,000 vehicles in the quarter. Theres the stock, up 7. 8 right now. Take a look at chinese ev maker nio. Shares are trading at the highest level in more than a year after Second Quarter deliveries surged 190 . That stock is up more than 17 . One of the biggest stories of the week has been the electric Vehicle Market around the world. Now lets take a look at coty shares, higher even as they are facing a trade secrets lawsuit over its makeup tieups with Reality StarsKim Kardashian west and kylie jenner. The beauty brand named a new ceo, the former worldwide president of both loreal and lancome. Stock up 3. 25 right now. Nthen theres this. Ceos heading to capitol hilary this month. This is the first time they face off with law makers at the same time they are investigating for their collective power in a digital marketplace. As you can see, amazon is higher right now, facebook still lower, getting hit once again, 1. 25 . Alphabet up almost 3 . Amazon hitting a new high despite this news and the fact that its now aiming for the first week of october for its famed, you know you love it, prime day, the big shopping event. They are delaying it because of these new spikes in the covid19 cases. They want to keep employees safe, obviously. The big shopping event held in july last year had already been postponed due to supply chain issues for amazon. Again, stock to watch. Then this one, alaska air flying higher as it secures 1. 2 billion in private funding. Interesting to note there. Up more than 3 on alaska. Then separately, the Treasury Department signed off on loans to five other airlines as the industry continues to weather the coronavirus pandemic. But america is warning it will have an excess of 8,000 flight attendants come october when restrictions accompanying government aid are lifted. That can mean layoffs for flight attendants at american. Every big name we follow except for hawaiian is in the red. Hawaiian is barely holding on. Sky west, american and spirit all lower right now. Well, we may have seen the biggest gain in jobs ever in june but where exactly were the jobs added . Taking a look at the leisure and hospitality sector, restaurants started to open, hotels in some places. 2. 1 million jobs added in june. This is the largest increase in history and within that 1. 5 million were created in the Food Services and drinking locations, bars and restaurants, as places started to reopen. Remember, the jobs report, thats midjune when the surveys are taken. That was the first couple weeks basically of june. Kind of the story may change second half of june. Some other important breakouts are in the manufacturing sector. 356,000 jobs were created. That was about estimates. Construction added 158,000. While this is less than the 453,000 that was added for the month of may, construction added 611,000 jobs over the course of two months. That is new home construction. That is real estate. Those sectors certainly, the stocks have been seeing a bit of a boost today on that news. Are we going to continue to see these types of numbers . They have been pretty extreme and recordbreaking obviously. Want to bring in our traders today. Sarge guilfoyle and phil flynn are with me. Sarge, what did you think about obviously the jobs report this morning and what really stuck out to you . Well, i mean, im impressed with the headline numbers. Like you said, leisure and hospitality came a long way back. Retail also came a long way back. Those areas are problematic for me because a lot of states obviously have to roll back their reopenings or cant move forward with further reopening of their local economies. So continuing claims staying above 19 million, thats a problem for me. Initial jobless claims staying around 1. 4 million is also a problem. I see the economy moving, not continuing on the v trajectory it was on, moving more like a reverse square root symbol, more sideways, halfway up type of thing. Unless we can get niece rithese infections and hospitalizations under control, unless joe biden starts doing more poorly in the polls, because lets face it, nobody wants higher taxes, nobody wants more regulation, then we have to look forward to stimulus from the fed and from the u. S. Treasury. If that disappoints, well, we could be in for a fall here. Cheryl well, i want to focus again on the Energy Industry and talking about the issue of unemployment initial claims. The peak for initial claims was seven million back in march. This was a jawdropping moment, obviously, for the markets. We were in the middle at the height of the pandemic. At the same time, a lot of economists are now saying this a lot of these jobs that had been lost and we are almost at 49 million now of initial claims since midmarch if you total them up week after week after week, they are saying a lot of these jobs arent going to come back. Maybe half will not return. You know, i think thats pretty pessimistic. I dont think thats the case. I think a lot of these jobs will come back. Maybe not the same job, but other jobs in that area. I look at this number as a terrific sign that things are going to get a lot better and a lot more quickly than people thought. Theres no reason to look for a dark cloud in the Silver Lining or the opposite, i dont know how you say that. This was a great job. You mentioned manufacturing. Thats one of the key areas that i think has to come back. It doesnt look like this is going to be a oneoff. If you look at the factory orders that came out today, they were astounding. Thats going to be very good. But you did hit on one of the weak spots that is going to take some time to come back. That is the energy space. Look at whats happening in the sthal patch. Shale companies on the bubble and a lot of those are good highpaying jobs. Youre right, if President Joe Biden is in our future, thats going to be a real problem for the u. S. Energy industry because you know his aversion to fracking. He doesnt want that to happen. If thats the case, it will look pretty weak. I will tell you this, from a global aspect, what im seeing around the globe, i think this jobs report signals the vshaped recovery is still on track and its an incredible comeback. A few weeks ago, nobody thought we would be here. We are already here. Lets enjoy it over this holiday weekend. Cheryl certainly. Certainly. As we try to enjoy a little sunshine and just cant go to the gym. Guys, thank you very much. Have a great fourth of july weekend. Thanks to both of you. All right. [ inaudible ]. Cheryl whatever. I just miss the gym. Keep it here on fox business for more on the june jobs report because labor secretary Eugene Scalia will join lou dobbs tonight, 5 00 p. M. Eastern time right here on fox business. Want to take a look at the big board and this 26,000 number. If we close above 26,000, this would be the first time this has happened since june 23rd, a week ago. Hopefully we didnt just jinx that. I really dont want to do that. But we are at 25,960 right now. Taking a look at shares of mcdonalds having a lackluster day after the fast food giant halted its reopening plans. A return to Indoor Dining now delayed for another three weeks as the daily covid19 cases and those numbers spike to record levels in the United States. A lot to watch for investors now. Stock is fractionally down. The golden arches are sweating it out. Gym owners across the country are looking to make governors feel the burn on prolonged closures. Up next, beach body ceo on the coronavirus fitness wars and what hes doing to fight off new competition from a popular name. Well be right back. Being. Its evident in good times, with decisions focused on the longterm. And crucial when circumstances become difficult. That continued emphasis on people our advisors, associates, clients and communities gives us purpose, strength and a way forward. Today. And always. Because now you can expewatch all your favorite hulu shows and movies on xfinity. Youre only a voice command away from Award Winning shows like the handmaids tale, to new hits like little fires everywhere. And fx originals you can only watch on hulu. Thats just the beginning of what you can experience with hulu on xfinity. Tv made simple, easy, awesome. Cheryl so mountainside fitness will have their day in court this monday. The ceo of the arizona fitness chain is suing Arizona Governor doug ducey, calling his closures of businesses like gyms, bars and movie theaters quote, irrational, as gyms across the country remain closed during the coronavirus pandemic and will likely be the last to open and if closures are not stopping americans we should say from keeping active and staying healthy during this time, millions of americans are now getting their sweat on at home. One of the Companies Making that possible, beachbody fitness. We welcome its ceo and founder, carl daikeler. Great to have you here. Thanks for having me on. Cheryl you have obviously seen a huge increase in your numbers. 955,000 ondemand signups. Thats a huge number. Are people going to stay with you, do you think . Absolutely. You know, you mentioned the gym closures and the friction thats causing. At the end of the day, this is a health business. Its a contradiction for the gym business to want to open for the sake of business when we need to be sure that its a healthy decision for the people that were serving. From our perspective, we have been doing this for 20 years. We have literally, not that we saw a pandemic coming, but we saw the convenience of taking just a six foot by six foot space in the living room and turning that into your own personal gym. Just needed the right kind of content to unlock the potential of really getting a great workout in at home. So we have been here all along. Its just great to see people now finding the convenience and the gratification of working out at home that now when the gyms reopen, they will be a great complement to the fitness experience but i do believe that the inhome experience has got no comparison. Its just so convenient when the content is great. Cheryl are you getting approached by Fitness Instructors and former gym employees, a lot of them who have been furloughed and have obviously not been returned to work . Are you getting a lot of applications at the company . Thats my first question. My second is how do you coexist with the competition, because youve got peloton, youve got verence from equinox, theres a whole list of them. How do you kind of compete in whats becoming somewhat of a crowded space . Mirror . Sure. In terms of applications, we are we curate literally what we call super trainers, the best trainers that we can find, and we create workout programs for people that will be a gateway to them getting active. A lot of people, not everybody was looking for a way to stay in shape during the quarantine. They were using it as an excuse to gratify with junk food and take it easy and binge watch netflix, and now, they are looking for that gateway program. Beachbody on demand has 74 different programs from the famous p90x or insanity to 21day fix, we have a thing thats morning meltdown 100 which is 100 workouts. We pick trainers who are great at creating a relationship with the screen with the viewer at home, and queueing that content in a way thats really professional. Thats not an easy job. Thats not something you can just jump on instagram and become a great tv personal trainer. Now, that really relates to your other point and that is weve got a lot of competition out there, peloton, mirror, tonal, you know, theres been Equipment Companies for the entire two decades that we have been doing what we have done, but nobody has created the library that beachbody has and frankly, there are plenty of people for us all to serve. Cheryl whats the most popular Million People are overweight or obese in north america alone. We have a lot of people to he will. Cheryl whats the most popular workout . Well, the number one workout on the platform is 21 day fix. Thats had over 40 million views on the platform. P90x is obviously the most famous but this other one, morning meltdown 100, continues to just blow us away with how many people make it their goal to do 100 workouts on beachbody on demand. There is something for everybody. Cheryl my sister loved the p90x. I have to say she raved about it. Carl daikeler, thank you very much for being here. Very interesting. Fitness junkie. This was fun to do this sfwer vi interview. The dow is up 205, 25,941. Again, trying to close above 26,000. We shall see. Got 40 minutes to go. Airbnb is taking aim at house parties gone wild. The company now blocking customers age 25 and under with three reviews or less. This is a company that could help you make lemonade out of an airbnb house. They are wasting no time squeezing the most out of its Public Market debut. We have got lemonades ceo here and his insurance startup closes out anything but sour on their first day of trade. The claman countdown will be right back. Tada did you know Liberty Mutual customizes your Car Insurance so you only pay for what you need . I should get a quote. Do it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Quadrupled their money by 2012 . And even now, many experts predict the next gold rush is just beginning. So call us money reserve, the only Precious MetalsOrganization Led by a former director of the United States mint. As one of the largest us gold coin distributors in the country, us money reserve has proudly served hundreds of thousands of clients worldwide. There may have never been a better time to start diversifying your assets with physical gold and silver. And right now its easy to get started. Pick up the phone right now. Call to receive the complete guide to protecting your hardearned assets. Dont put it off another day. 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Pick up the phone and call americas gold authority, us money reserve. With nearly two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, us money reserve is one of the most dependable gold distributors in america. Cheryl investors definitely seeing a sweet outlook for mobilebased insurance startup lemonade. Shares, take a look at this, up 135 right now. This is market debut for the company. Its an Insurance Technology app, backed by softbank and its geared towards millenials that are shopping for either renters or homeowners insurance. It seems to be taking full advantage of the recovery in the Venture Capital market, we should add. Lemonade price, 11 million shares, 29 per share. That is above the expected price range that was supposed to be 26 to 28. They did better than that. Even higher than its original range of 23 to 26. I want to bring in from the New York Stock Exchange cofounder and ceo of lemonade, daniel schrieber. Thank you for being here. Congratulations. Thank you so much. S cheryl how is lemonade different than going to allstate or nationwide for an insurance policy . What makes you different . Its really trying to rethink so many aspects, the whole fundamentals of insurance. We built lemonade from the ground up. So the Technology Experience is radically different. You buy insurance, the median time to buy a policy is 90 seconds. We pay claims the same way. We actually pay about a third of our claims in just three seconds. So the whole experience is radically different, no hassle, no paperwork and we also changed the business model. A lot of underwriting profits go to nonprofit. Insurance is oftentimes plagued by a sense of distrust and adversarial relationships. We tried to rebuild some of the fundamentals in such a way we would be aligned with our customers. Cheryl most of your customers are millenials which is fascinating. 70 of your customers are under the age of 35 years old. How are they different as customers and what do they want thats different from, say, an older customer like myself . I think all of us enjoy the kind of things lemonade is bringing to market. It really is a cocktail of aligned values. We are a Public Benefit corporation with a lot of our leftover money going to charity and we all would rather work with a company with whom we feel aligned values. Tremendous value because renters, firsttime buyers of insurance who come to lemonade probably save about 15 relative to some of the older Insurance Companies and the Technology Experience. Who wants to be dealing with main street brokers when you can do something in 90 seconds with an app with zero hassle and zero paperwork. I think all those things have universal appeal but theres no one that that appeals to more than people who have grown up with a mobile phone and really cant conceive of doing business any other way. Cheryl five bucks a month for a subscription for insurance, especially for renters, is great. There are some competitors out there, Companies Like root, hippo, but at the same time, you know, wanted to ask you about the a. I. Part of that. A. I. Is such a broad term we hear so much. How do you use that technology within the app to really kind of work with each customer . You know, thats the part that is visible in the app that everybody gets to experience, is exactly what we were talking about, the box thts that can se you insurance. The average time is three minutes. The average time to get renters insurance is half of that. Bots can do stuff so much faster, pay claims instantaneously and they do that while crushing costs. The beautiful thing about doing stuff on a. I. Is that instead of having humans who can be irritable and take time and work office hours, suddenly you get instantaneous, dependable, reliable responses for a fraction of the cost at a superior experience. But it really goes deeper because a. I. Can also generate and utilize data in a way that humans just cant. Its the business of using data. Thats what insurance is all about. Its about using probability theory. Data implications, machine learning, transformative for insurance. Cheryl people dont even realize they are talking to a bot which i love. Real quick, you are doing renters, homeowners. Thinking about getting into auto insurance, for example . So we recently announced we are about to launch pet insurance. In the fullness of time we would like to cater to all of our customers needs, especially in terms of new products, new geographies, new customers. We are ambitious. Cheryl its a multimillion dollar business. I know it well. Congratulations on the ipo. Thank you so much. Thank you. Cheryl lets take a look at the markets. Speaking of how our markets are closing. This is it, by the way, for the week because the markets are going to be closed tomorrow to celebrate the fourth of july holiday. Dow up 195. We have come off or sessiur ses highs, obviously. Atlantic citys grand reopening kicking off. Coming up next, what the boardwalks biggest names can learn from its siblings on the strip. Golden gate casino Derek Stephens is here. Be sure to tune in for the next fox business virtual town hall. Neil cavuto is going to host america together open house next thursday, july 9th. Real estate pioneer Barbara Corcoran is his special guest. You can ask him a question, message fox business on facebook or instagram or email us, investedinyou foxbusiness. Com. Well be right back. vo at audi, we design cars that exhilarate with versatility, whether on the track, or the everyday drive. Today, that philosophy extends to how we connect with you. We call it, audi at your door. Whether a remote test drive, shopping, tradein, or even service pickup, audi at your door can do this and more at participating dealers. The premium audi dealership experience, on your terms. Audi at your door. Some Companies Still have hr stuck between employeesentering data. A. Changing data. More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Cheryl well, the east coast version of las vegas is open for business after almost four months, atlantic citys casinos reopened today in new jersey. But gamblers are not going to be allowed to smoke, drink or eat anything inside. They are going to have to wear masks and get their temperatures checked. Las vegas opened a month ago and in the weeks since, reports of large crowds failing to social distance and a lack of safety protocols have plagued sin city. Clark county, where vegas is located, saw record daily increases in coronavirus cases two weeks after reopening. We have Derek Stephens here, who owns the golden gate casino and hotel. Derek, i guess its been a bit of a bumpy reopening for las vegas and certainly the caseload is a concern. How are you feeling about business right now . Well, we opened in nevada on june 4th. We werent the first jurisdiction to open. We saw deadwood in south dakota open, we saw a number of other jurisdictions open. I think the nevada gaming control board did a great job with regard to setting up some of the regulations for nevada. So i would tell you one thing thats most interesting to me is initial pentup demand, the first couple days worth of customers versus whats happening now, i think youve seen customers really evolve. In the first few days, there werent that many people Wearing Masks but i think what youve seen, particularly in the last week and a half, Wearing Masks is obviously, its a regulation now in nevada, but its not an issue. People are now figuring out a way to have fun and be safe at the same time. Cheryl youre saying at least in your casino, we will speak to that, you are seeing people actually Wearing Masks and social distancing, being respectful of other people . Yeah, absolutely. Its a requirement to wear a mask in a casino in nevada. And i think initially, there was a little bit of trepidation but i think we are way past that. Everyones very cognizant of their social distance, everyone is very cognizant of wearing a mask. There really hasnt been any issues in the last week. Cheryl youre not worried about a surge in cases in nevada . Well, no, you cant say that. Of course we are. We are actively monitoring all the data and all the information we can get. We are just trying to put ourselves in a position where everybody can be safe and have fun. Cheryl all right. So one of the things thats happened now, im curious if this is going to affect tourism in vegas, like here in new york, for example, Governor Cuomo put this big list out of if you fly to these states, you have to quarantine when you come back. Obviously, nevadas there as well as california and texas and florida. Are you worried about tourism . Are you seeing a little bit of drop in traffic in the last say week or so because of that . I cant say that. I think really, the way las vegas was set up was really to set up to come back slowly and i cant say that we are seeing anything unique about this weekend. I would say that obviously the different lockdowns and quarantine orders will clearly have an impact Going Forward so really, its the numbers across the whole country. Cheryl i have to ask you before i let you go, its really most of our viewers tell me its really hot, it gets real hot in las vegas. Isnt summer already kind of slow for you a little bit . Its the slowest time but the one thing we have noticed is that theres been so much new Sports Betting thats taken place and everyone is doing it on the app. Recently we just yesterday we Just Launched our circus sports app in colorado. We have had our nevada circus sports app going and i think from a social distance perspective its accelerated the curve. We have more people betting on their phones now than we ever had. I think theres a lot of different components how things are changing and consumers are changing. Cheryl no buffets, right . Youre not doing the buffet thing anymore . No. I think maybe the wynn came out with a buffet but its something where you get served. One thing i was going to mention, i think its pretty interesting. The fact i can talk about it being a privately held company, i dont have a quiet period. One thing in june i think you will see, although head counts in las vegas are down, i think the spend per person is up considerably. When we look at our numbers, june of this year versus june of 19, our slot numbers, our table numbers, are up quite a bit even though the number of people are down. So the Consumer Spend has been terrific. I think you will see that with the publicly traded companies coming out with their numbers shortly. Cheryl i think i have several family members that are probably doing that exact thing right now. I was the kid dragged to the casinos. Derek, thank you very much for being here. We appreciate it. Good luck to you this summer, sir. Thank you. Cheryl all right. Lets take a look at the big board right now. We are higher by 185 points, 25,920. Gosh, we really are trying to hit that 26,000. We are well off session highs but again, strong jobs report this morning and that is giving us another day of green arrows. We will take it as we head to a threeday weekend. Coming up, disgraced financier Jeffrey Epsteins gal pal is now in cuffs. Coming up next, Charlie Gasparino has new details on the british socialites arrest in the sex scandal that sent shock waves through d. C. , the street, buckingham palace. Charlie breaks it next. Just over a year ago, i was drowning in credit card debt. Sofi helped me pay off twentythree thousand dollars of credit card debt. They helped me consolidate all of that into one low monthly payment. They make you feel like its an honor for them to help you out. I went from sleepless nights to getting my money right. So thank you. I appreciate what makes each person unique. So thank you. Thats why i like Liberty Mutual. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Cheryl spotify jumping up on reports it could add Video Streaming Services competing with youtube, after spending more than 375 million on podcasts this year including a deal with joe rogen to take his show off youtube and exclusively have it on spotify, online news outlet take the lead is reporting that spotify is aiming to attract other creators to its platform by offering curated quality video content. We shall see. Joe rogen was a big catch for them. Spotify up more than 4. 25 right now. Well, in the wake of Ghislaine Maxwells arrest for her vovrmeinvolvement with the Jeffrey Epstein, attorney general for the Southern District of new york Audrey Strauss announced charges this afternoon. Today we announce charges against Ghislaine Maxwell for helping Jeffrey Epstein sexually exploit and abuse multiple minor girls from the period of 1994 through 1997. Cheryl according to the u. S. Attorney, maxwell is an extreme flight risk and she faces up the 35 years in prison if convicted. Shes in her 50s, we should say. She went on to say that maxwell has been hiding out in locations in new england since epsteins arrest. That was a year ago. Shes going to make her first appearance in the New Hampshire federal court before she will be transferred to manhattan. I want to bring in Charlie Gasparino, who has been following this story very closely. You know this story very well. This is big news today, charlie. Charlie yeah, it is big news, because if theres any if theres anybody that knows the back story fully of Jeffrey Epstein, theres plenty of conspiracy theories out there about who might have killed him. I still believe he committed suicide. Who was on his island, there has always been speculation bill clinton went to the island that he owned that some of the crimes with the girls took place. Others have denied it as well. She can probably shed light. Heres kind of what i know from speaking with people that are associated with this case, that the federal agents and prosecutors are going to be maxing out security around maxwell, so to speak. They want to prevent another suicide like Jeffrey Epstein. They want her to have her day in court. And they want to kind of get to the bottom of all the rest of this stuff. Theres plenty of noise. I have done a ton of reporting on this. I can tell you the conspiracy theories about Jeffrey Epstein begin with he got off lightly on the first case because he helped prosecute wall street financial crimes following 2008. Thats not true. So theres going to be a lot of stuff that she can provide evidence on. Again, i think the other thing is we know a lot about the crime or we know substantially about the crime. What we dont know is how Jeffrey Epstein accumulated his massive wealth. Theres still a lot of gray area there. I know somewhat about it. I know he was a money manager for some very powerful, influential and rich people. He made some money but still, i think she can provide some shed some light on that. Also, she can implicate others. I think one thing that she could do, she can clear others, including Allan Dershowitz who has been dragged through the mud on this, the lawyer which not a lot of im saying this as a journalist, weighing the evidence, the evidence of him being part of epsteins scheme is pretty weak tea or very weak, almost nonexistently weak. It doesnt exist, mostly, except for he said she said. Maybe she can help clear some peoples names that were associated with. Thats where we are right now. This is big news. It was a long time coming. She apparently has 20 million, not billion, million. It seems like a small amount of money for someone who is that associated with a guy worth 1 billion and was keeping tabs on him but well see why, you know, where that money came from. It was interesting if you read the indictment, interesting stuff about money sloshing back and forth between her and epstein so we will get to the bottom of that, why he was doing some of that stuff. We are about to get some muchneeded light on this subject. I will say this. I was part of the netflix documentary. Cheryl i was going to bring that up. Charlie it was one thing that was really missing from the documentary was some sort of answer to where how much money he made and where it went. They never really got there. [ speaking simultaneously ] charlie that was part of it but you cant make 500 to a billion dollars off one guy. Maybe you can. We needed to bounce that around. I want to switch gears for a minute. I broke some news earlier today about a july 8th date for opening bids on the new york mets that allen and company which is auctioning the mets has stated. Thats what im getting from people who are bidding on this. Heres the interesting thing. What i have been told is that Alex Rodriguez through jpmorgan teamed up with vinny viola and michael prolie, that they will have enough money, that jpmorgan is telling people im not there so i have not done the audit but jpmorgan is signaling to others that arod, they have raised enough money for arod to have a bid. Cheryl arod and the mets. Still trying to wrap my head around it. Charlie i believe it when i see it. So you know. Cheryl charlie, thank you very much. Have a great fourth of july. Try not to work too much. Actually take a day off. Charlie i plan to take one day off. Cheryl okay. Good. You go for that. Charlie gasparino, thank you very much. Weve got the dow up 101 right now. Closing bell, weve got about nine minutes to go. Coming up next, todays countdown closers got some picks to help ease market indigestion and eat up profits. Thats your hint. The claman countdown will be right back. Yeah yyeah yeah hey, hey yeah about medicare and 65, ysupplemental insurance. Medicare is great, but it doesnt cover everything only about 80 of your part b medicare costs, which means you may have to pay for the rest. Thats where Medicare Supplement insurance comes in to help pay for some of what medicare doesnt. Learn how an aarp Medicare Supplement insurance plan, insured by United HealthcareInsurance Company might be the right choice for you. A free decision guide is a great place to start. Call today to request yours. So what makes an aarp Medicare Supplement plan unique . Well, these are the only Medicare Supplement plans endorsed by aarp and thats because they meet aarps high standards of quality and service. Youre also getting the great features that any Medicare Supplement plan provides. For example, with any Medicare Supplement plan you may choose any doctor or hospital that accepts medicare patients. You can even visit a specialist. With this type of plan, there are no networks or referrals needed. Also, a Medicare Supplement plan goes with you when you travel anywhere in the u. S. A free decision guide will provide a breakdown of aarp Medicare Supplement plans, and help you determine the plan that works best for your needs and budget. Call today to request yours. Lets recap. There are 3 key things you should keep in mind. One if youre turning 65, you may be eligible for medicare but it only covers about 80 of your Medicare Part b costs. A Medicare Supplement plan may help pay for some of the rest. Two this type of plan allows you to keep your doctor as long as he or she accepts medicare patients. And three these are the only Medicare Supplement plans endorsed by aarp. Learn more about why you should choose an aarp Medicare Supplement plan. Call today for a free guide. Cheryl all right. Weve got about five minutes to go. The closing bells going to ring. Market gains evaporating in the final hour of trading, despite todays historic jobs report we are still, though, in positive territory as we close out a holidayshort week. Markets are going to be closed tomorrow. They will open back up on monday. For the week, the dow, lets take a look at the final numbers for at least this week. The dow gaining 3 , s p up almost 4 , nasdaq up 4. 5 . By the way, the nasdaq is about to close at another record high. Second straight day, the 23rd record close for the nasdaq. Cheryl, thats right. Pfizer up 7. 7 for the week. Why . They announced a very aggressive timeline for their covid19 vaccine. Traders loved it sending shares higher. Boeing up, testing flights for the troubled 737 max jet. Raytheon is an interesting story. They won a contract from the Foreign Military sales program. Products to saudi arabia. But david portnoy, a buyer of this stock, famous daytrader. How did he choose the stock. Randomly picking scrabble tiles out after bag. Rtx. Federal express up 19. 5 on the week. Eps there a driving force behind that stock. Wynn, spg, which is Simon Property group, those stocks interesting, because they have been down on covid19 fears. Lots of green for stocks this week. Cheryl . Cheryl good point. A lot of these companies dont need as much office space as they used to. Gerri willis, good to see you, gerri. Thank you. Well the markets go up, they go down. Look it has been volatile. Certainly been a pretty intense Second Quarter for all of but how do you ensure your portfolio is protected against volatility . Bring in todays closer, ernie ramos, bmo low volatility equity fund. 277 billion of assets under management. Volatility has been the name of the game for the Second Quarter in particular but what about the next half of the year . Do you think well still have high volatility . I think we will, cheryl, for the simple reason that the reopening the economy is going on but at the same time covid19 is still not gone by any measure. Were seeing resurgence in a lot of areas. This is a medical event. There is no way we can anticipate how it is going to end, meaning when it is going to end. We know it will end at some point. Because of that, the fact that nobody can predict it, well see volatility as covid gets better, covid gets worse, economy accordingly gets worse or better depending how the reopen something going, depending on the virus. There is still a lot of uncertainty, why owning a fund like the bmo low volatility fund. You want to be own the market but protect against the volatility in the downside risk. Cheryl our viewers are smart enough they have to prepare, well see what happens with the number of case. Were still in the kind of first wave. Were coming up on earnings season all right with the quarter closing a couple days ago. Are there certain sectors that you think can actually protect people . Is it Consumer Staples . What kind of groups do you like here . Consumer staples is one of the sectors that has done actually well in this environment. Companies we own in our portfolio, for example, sprouts farmers market, kroger, that grocery business is still doing well. Sprouts, for example, ramping up their home delivery, sales up 900 year on year. That is a great result. So, these are the naturally wellgeared companies for an environment such as this. Then the company that we owned that do well in the environment is newmont. As policy response in the market is, exposure to gold, newmont is a gold miner, gold by the way hit alltime high ever yesterday of 1780 per ounce. That is actually pretty good for a company like newmont. Cheryl i dont have a lot of time, are you nervous about some of the Balance Sheets on some of thesep companies . We basically have no outlook. They have all suspended outlooks for the year . Yeah. In fact were making doubly sure as we go along in these times the Balance Sheets of every company are especially strong. They can get through the other end of this. So again, these are naturally low risk, companies that we look for are naturally low risk. Which will tend to have very strong Balance Sheets but we actually doubly checking that, to make sure we dont own anything too leveraged or any bankruptcy risk associated with it. Cheryl yeah. Our eyes are opening up to all of this a couple weeks. Earnest ramos is thank you for being here. [closing bell rings] new highs for the nasdaq. Youre welcome, america. I didnt completely blow the gains for the day. After the bell starts right now. Melissa getting back to work. Stocks climbing today as job growth jumped in june crushing expectations. Im melissa francis. Connell im connell mcshane. Welcome to after the bell, everybody as we wrap up a trading week on a high note. Major afterrings actually close near the lows of the day. They come off earlier highs. Still up across the board. Still another record second in a row for the nasdaq. Well run through all the numbers and top stories for you as we have fox Business Team coverage set up. Blake burman at the white house. Jackie deangelis at the newsroom in new york. Edward lawrence is in washington. That is where we start reporting on the blowout