From bear market to a new record at the fastest pace since 1991. 193 trading days from low to a record. But the vaccine by both moderna and pfizer are about to create a mountain of medical waste. This is all great news for one company out there, steracycle which disposes of it for hospitals and medical facilities all across the world. The ceo is in full preparation mode. Shes going to explain what theyre doing to get ready for that in a fox business exclusive. And as casino stocks rally on the vaccine news, are they kicking off the party a bit too early . The ceo of circus sports just opened the biggest sportsbook in the nation. How hes actually calm about this. Hes betting his early open will earn him a lot of green. First, weve got team fox business coverage ready to roll. Blake burman live at the white house with the plan now in place to distribute the moderna vaccine. Hillary vaughn is in wilmington, delaware with what president elect joe biden is about to say in a speech about the
The week as a whole for the three indices. Road map starts with 30 minutes after the jobs number, good news is bad news again. Over 200,000 added in the month of june. That has stock records in the rear view mirror as data may ease pressure on the fed to cut rates. Futures in retreat, moving sharply lower to start the morning. While the u. S. Is on holiday, europe took out the elegant gun on big tech. Both parties in the uk back to target big tech and france moving forward on attacks on the likes of facebook and google the employment rate ticked up to 3. 7 as more people entered the workforce. Wage growth slowed a little bit in june, but remained at 3. 1 year over year for a second straight month perhaps more importantly, though, we did see average Hourly Earnings 0. 2 versus the 0. 3 expected. Mike, your take on this as to whether it really alters the chance of a 25 basis point cut in july. Not very much it injects a little bit more uncertainty than probably traders were hoping for to
Jones industrials up 18 points and s p up 17 and nasdaq gaining five and all off highs of the session and the big market story of the day that may very well be what is keeping a cap on some of these gains here. New York Community bank as we take this interday chart full through the entire screen, were doing that because they resumed trading due to two hour plus halt due to volatility and throughout the session and it was halted starting just before noon eastern time due to volatility and it was down 42 and earlier on a wall street journal report indicated a bank was seek ago cash invasion to shore up confidence but within the last hour and new York Community bank announced it got that lifeline more than 1 billion Equity Investment and the investment is being led by former u. S. Treasury secretary steven minutan and reverend investing 200 million and this transaction is expected to close on or around monday, march 11. Now in connection with the deal, the company will add four new direct
At the peak today. Mayer still in the crosshairs as she takes on starboard. Could we see changes . A question weve been asking since the day she took over. Unfortunately. More Political Drama today, ben carson, may have heard endorsing his former rival on the campaign trail, donald trump. We have someone who knows a thing or too about drama, Ellen Burstyn, her new role in the current season of house, what a great job shes done. Well get her take on the current political field which shes very active in among other things in a little while. Looking forwards to meeting her. New details on 100 Million Bank Heist and why some are blaming the new york fed. This is a tricky one for them. Very tricky. A lot of money involved there. Lets start with the markets rally, david is back from us and jonathan from Meridian Equity Partners at post nine at the big board and Rick Santelli checks back in from chicago. We were both gone yesterday john, but the European Central bank cut rates to zero and the
Security National Bank bought a new stake in Vanguard Energy ETF (NYSEARCA:VDE – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,170 shares of the company’s stock, valued at approximately $137,000. Several other institutional investors have also recently bought and […]