Fullon identity politics for the democrats. Mr. Biden now has a strong lead over the president. Hes 12 points ahead in the latest fox news poll. However, look at this. There is a huge Enthusiasm Gap and it is in mr. Trumps favor. 31 say they would vote for mr. Biden because they are enthusiastic about him. Double that number, 62 , said they were enthusiastic about President Trump. His base is clearly staying with him, obviously, and that will be into play tomorrow at his the city. They have already started to line up outside the stadium. We will take you there in just a few minutes. And we will take you to wall street and you will like it. Another rally this morning. Look at this. The dow will be up over, what, 350 points, 1. 3 . A similar gain for the s p and a 1 gain for the nasdaq composite. 10,100 on the nasdaq. Whoa. Amazon roaring ahead again today. They are clear lockdown winners. Jeff bezos is a clear lockdown winner as well. Hes by far the richest person in the world. Hes now
That is because you have the expiration of futures and options on indexes and stocks also known as quadruple witching. It sometimes adds volatility. Usually it just adds volume. We also have the s p index rebalancing that will encourage volume as well. The focus remains on seeking signs of normalcy as the lockdowns ease. Carmax Quarterly Results showed a big drop. Store closings affected 80 of the days. Bloomberg intelligence points out that carmax enters a. Of intensifying competition with onlineonly retailers trying to grab share. , moving up after saying it will push the reopening of 450 theaters to midjuly and expects full sitting to be back by things giving without masks. And Penn National gaming up one 4. 3 . Smith wesson is off about 2. 25 . Estimates. Eat there is plenty of demand for guns given the pandemic and racial unrest, but sales in its other units, the outdoor sport business and camping business severely impacted Fourth Quarter numbers. There was a loss of 66 million, a
We can get above that 200 day. I have to tell you, once again, what causes a decline its always the banks. Why the banks . Because we cant value we cant value them because we dont know what their future loan losses are going to be. I think that the feds chilling statements made for a tremendous confusion because, remember, weve been skating everybody has been saying how can the market almost bet a its high the answer is because we dont have any data. No real reports that contradict that i didnt like the nike quarter, but people already apologized for that it is the banks and, once again, when i think of the banks an article today about credit cards and how people arent taking the big credit cards with the 400 and 500 fees. David, the credit side continues the buyers jim, that is really interesting to see when we start to get the earnings where the focus of investors is. After the close we get jeffries. Investment banking not overry large but what will be interesting, jim, im sure well
Higher in early drtrading after yesterdays 700 plus point loss on the dow but then the dow started pulling back at one of the nations largest states officially hit the pause button on its reopening. It is texas. Texas now stuck at phase three statewide. They are banning elective surgeries in four counties including dallas, as austin area hospitals warn they could reach capacity by the middle of july. The rapidly spreading virus is not stopped in its tracks. Coming up, ceo of classic stayathome stock identity and password management star okta. The ceo is here with a covid19 shocker. What many people are still not willing to do even in the face of new outbreaks. But the pandemic is actually providing a boost to polaris. They are facing a supply crunch as demand for the Great Outdoors kicks into high gear. The ceo of the atv giant is here on what hes doing to keep his recreational vehicle giant from going offroad. From too much demand. Kind of a good problem to have. And brady versus port
Zuckerberg and jack dorsey probably waking up on the wrong side of the bed after a tik tok prank of president ial proportions thats stolen the social media spotlight. Could tik tok be on the verge of cleaning facebook and twitters clocks . Weve got Team Coverage of all of this. Fox Business Apple whisperer susan li tracking the hottest headlines from apples conference. Apple bull and market tech guru on whether tim cook did enough to snuff out a brewing rebellion in his developer ranks. And top social media analyst michael packter on the new power of the social media rising star tik tok. The debate over the second virus wave raging across the globe, but south korea decidedly saying its already rearing its head again in that country. In a fox business exclusive, the man the world is turning to for a cure, dr. Andrew badley. Hes the mayo clinics covid19 vaccine and treatment Search Party Leader and hes here. Final hour of fireworks possible as the nasdaq fires towards new record glory. W