Investors are increasingly pinning their hopes to a virus recovery on the vaccine so modernas news is helping the market this monday morning. And its own stock, of course. The dow industrials, probably going to go up a few points, maybe 70. S p up about 12. The nasdaq, up 85 points. Green this monday morning. Next headline, gold. The price is now at an alltime high, closing in on 2,000 an ounce. A weak dollar plus the fear of a postvirus bout of inflation, plus the u. S. china escalation, all pushing the price to, what, 1956 per ounce as of right now. Were expecting the republicans to detail their trillion dollar stimulus plan perhaps today. 1200 checks, Liability Protection for business extended but reduced emergency unemployment bonuses. Larry kudlow on that later on todays program right here. Now, look at big tech. Top executives from four of them virtually testify to Congress Later this week. This is important. What are we going to do with the crown jewels of americas business . Ta
Still not many people. We will be tracking this story throughout our three hours. Nearly half a Million People will be returning to work in the city. And they are returning to work, by the way, to a city whose mayor is pushing to defund the Police Department in the wake of the george floyd protests. A lot of pushback on this, as you can imagine. We will get into it. Including from the president. He tweeted this just moments ago. Law and order, not defund and abolish the police. The radical left democrats have gone crazy. And Hillary Clinton, by the way, well, shes had another deplorables moment when speaking about trump reporters and we will have that for you as well. Im Ashley Webster. The big story for dyou today on monday, the markets pointing upwards. Varney Company Begins right now. This will go down in history as the biggest positive data shock for the markets and the economy. Its some combination of an incredibly resilient economy thats bouncing back, the impact of government me
Wednesday, forgive me, before the july 4th break. And the dow, nasdaq and s p 500 all in uncharted territory, still close to record highs despite looking down in the futures. President trumps salute to america speech from last night praising unity and american ideals, freedom and democracy. Thats what this country is all about but dont tell that to the left. They say trump got too political, shouldnt have taken the stage at all on Independence Day. Also, the largest earthquake in 20 years hitting california on july 4th. Buildings shaken, houses burning, highways cracking. But according to reports, no fatalities. We will have a live report for you later in the show. Varney company starting right now. Today we come together as one nation with this very special salute to america. We celebrate our history, our people and the heroes who proudly defend our flag, the brave men and women of the United States military. God bless all those people in the military. That was President Trump at the
Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. They claim it makes sending money around the world as easy as sending a photo. Its a Payment System with a potential base of 2. 5 billion people buying from 90 million businesses. Investors love it. The stock is up four bucks premarket. This is going to be a very big day in politics and money. Stocks are going straight up and moments from now, a visit from Gary Woodland, the brand new u. S. Open cha
Cup . The u. S. Says the strikes over Northern Nigeria as part of a rescue effort to find 200 kidnapped school girls and boko haram operates in three states in the north and there was a state of emergency a year ago. Boko haram has bases with chad and two other countries and they were taken and sought they were held somewhere in this area. On top of the surveillance the u. S. Sent a team of 30 experts to help with the search and china and france have sent technical experts and on monday boko haram released the video offering to swap the girls for jail members. U. S. Experts are studying the pictures closely for any clues that might help them and we will go to abuja and how does is the search and rescue effort shaping up and how difficult is this going to be . Reporter details emerging from washington about the makeup of their 30man team. We understand that this team involves officials from the state department, from the dissent department and we have f. B. I. Personnel and military per