Without one. We had 30 alltime highs if memory serves last year. It was one after another. Right now were only about 20 points away with the 20point rally were seeing. Stocks are hitting these highs amid a week that continues to be driven by controversial charges that the market is rigged. Yesterday memorably the author of the book flash boys michael liewis was challenged on cnbc. Today we have the whistleblower highlighted in his book. We take a closer look at if any Retail Investors are impacted by what lewis is alleging and if so, by how much. Looking forward to that. Everybody is still talking about it on the floor here. Also with us today, that guy right there in a first on cnbc interview sirius xm boss mel karmazin. Its National Autism awareness day. He will be speaking on a personal level, his grantson has you autism. Hes working on his third retirement. He ran cbs for years and sirius and xm. If you have been wonder what these pins are four, itr, its f world autism day. 16,556
Cheryl so where is the money going on wall street . Well, right now its flowing into banks. Financials are flexing their muscles once again, taking stocks to a fiveyear high. Hello, i am cheryl casone, it is the last hour of trading, and the countdown to the closing pell begins right now. Good news overseas leads to buying in the u. S. Chinas exports jumping more than 14 in december, providing more evidence that growth is accelerating. Stocks are off nearly the highs, but partly in the green, we are near session highs. The dow up 68, s p higher by almost 9 points as you can see on your screen. Now to those financials, this is the group it is a leading the pack right now, especially one stock. That is bank of america. Take a look at bank of america, 11. 79, this is one of the dows best performers right now. Investors have also plopped money into shares of Goldman Sachs and Morgan Stanley. Take a look, Morgan Stanley up almost more than 4 . Jpmorgan chase winning as well. Fireworks have
Just the past five trading sessions. David all right, vixx is always interesting to note, and whenever it is at a low which, indeed, the vxx is, now, this is remember, the vixx you cant trade on, the vxx you can. Its a volatility index, it hit a 52week low today. Some people would say perhaps thats too low, well have to be watching that very carefully. Liz just not a lot of fear in the market. Wheat, we should look at that. A huge mover in the commodity pits. This rally hits a two week high, and the move sent jjg higher. The etf investment, everything from wheat to soybeans to corn did well today. David all right, well, the white house turning to Small Business other thans for input on the debt crisis. Input on the debt crisis. Coming up, one of the Business Owners who was at the meeting. Liz plus, the Powerball Jackpot up to a record 500 million. We will ask new jersey lottery executive yes, new jersey participates in the Powerball Carol headinger about the payoff options and where al
Liz countdown to the countdown. The dow touches another record high earlier today, and the s p remains near alltime highs, where can you still safely get greedy . One of wall streets heavy hitters Morgan Stanleys smith barney david darst first on fox business with his favorite pick. Its got to happen eventually. Ben bernanke and company end qe but then what . The ceo of fifth street finance shows you where to put money now for when it happens. And the famed Cleveland Clinic coming to a town near you . First on fox business, Cleveland Clinic ceo on how the platinum standard in healthcare is teaming up with hospital Chain Community health systems. Countdown to the closing bell starts right now. Liz good afternoon everybody. Im liz claman. It is the last hour of trading. And you know what . We are seeing something we havent seen on the screen in more than a week. A lot of red. Not deep, deep red, but defin e definitely red. Earlier this morning up 31 points, best levels of the session, th
Operator: Good day and thank you for standing by. Welcome to the AFC Gamma Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.