time here. here s the good news. we re six months through this. here s the bad news. get ready for six months more of this? welcome, everybody. i m neil cavuto. we begin with lauren simonetti on what happens and what could be coming next. hi, lauren. neil, let me take you back to january 4, 2022. that was the high of the year. dow 36,799. just a few days later, the blue chip average fell over 1,000. that is ringing true this year also.so the day russia invaded ukraine, february 24, the dow went to 33,223. the seventh official correction mark ago 10% decline from that january high. investors paused. spring didn t seem so bad. the war did. commodity costs, they climbed even higher. the federal reserve started to take more drastic action. they raised the rate 50 basis points may 4, a steep sell-off on wall street right after that. so investors started to think, oh, 50 basis points. maybe that s not enough when consumer prices surged 8.6%. we found that out june 10th. inflation
time here. here s the good news. we re six months through this. here s the bad news. get ready for six months more of this? welcome, everybody. i m neil cavuto. we begin with lauren simonetti on what happens and what could be coming next. hi, lauren. neil, let me take you back to january 4, 2022. that was the high of the year. dow 36,799. just a few days later, the blue chip average fell over 1,000. that is ringing true this year also.so the day russia invaded ukraine, february 24, the dow went to 33,223. the seventh official correction mark ago 10% decline from that january high. investors paused. spring didn t seem so bad. the war did. commodity costs, they climbed even higher. the federal reserve started to take more drastic action. they raised the rate 50 basis
some of the governor s choices, at least university of kentucky study today show beto may not be so wrong with what he had said. shannon: well t looks like their it looks like their prediction inside the spring didn t turn out to the dire predictions. we re glad for the people of texas for that. thank you so much. thank you, shannon. shannon: chicago s mayor making interview decisions based on the race of the reporter. another big-city mayor tonight is praising that move. comedian chris rock rips cancel culture. the lightning round is next. but eventually, with spring comes rebirth. everything begins anew. and many of us realize a fundamental human need to connect with other like-minded people. welcome back to the world. viking. exploring the world in comfort. once again.
new hampshire monday. he lives in new hampshire, back in march i covered his appearance there. definitely has been flirting with a possible presidential run. i don t know how this is going to play out. republicans in new hampshire when i was up there in the spring didn t really know much about jeff flake. a lot of them are very much in line with trump. as you point out, he has been one of the president s loudest republican critics, yet he still votes with trump the majority of the time. how do you think conservatives, particularly female voters, view this move by flake? i don t know. i think they re probably skeptical of him. just a way to postpone things for a week. try to make himself feel bert better that he did due diligence and it is working sort of the way it used to, i don t know.