About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
Coverage of national and international news, including breaking stories. Came out and supplied South Koreans with a number of those in his own administration by the fact he would meet with kim jongun. The parallels go on and on. The Secretary Of State just hours later came out and said there would be preconditions for President Trump meeting with the president of iran. But this comes against the backdrop of the president and a number of his top aides really escalating the rhetoric. Threatening to impose new sanctions. To criticize iran sharply for its acts of terrorism. The president of iran not responding to the president s offer for a meeting. Instead, he decried what he called United States illegal pulling out of its ran nuclear deal. The stakes for the president couldnt be harder. Because the president really railed a number of allies. Lawmakers on capitol hill when he pulled out of the nuclear deal. A lot of those people saying look, that is what was holding iran to account. Keepi