To get into longterm investments and later on, a staggering stat that youve got to hear around netflix that stock continues to be bought as we all binge watch tv. We are going to get to all of that, but weve got to get to breaking news that is important on the virus, and it is also moving the market after hours. Gilead sciences shares they are surging on some very promising drug news. Lets get right now to meg tirrell with more on this big story. Meg . Hi, brian this is breaking news from stat news basically, they got a glimpse from one of the hospitals thats running remdesivir at the university of chicago. Essentially what they saw in video communication with the faculty members there is on the report of the Clinical Trial it sounds like the patients according to them are making rapid recoveries at least in terms of their fever and respiratory symptoms and reported nearly all patients discharged in less than a week this is not controlled Clinical Trial data and we expect to see the fi
On making money. Today im proud to declare that the United States is in the midst of an economic boom the likes of which the world has never seen before. U. S. Stock markets have soared by more than 50 since my election, adding more than 19 trillion to household wealth. Charles President Trump launching the explosive American Economy in davos, citing unemployment rates, Household Incomes and of course the stock market. America is the best economy in the world but what challenges does it face in 2020 . I have a allstar panel for you in studio. Money map press chief, Keith Fitzgerald and Shah Ghailani and Technical Strategist dr barton. Let me start with you. We pot major breaking news ten minutes ago with boeing now saying that their plane wont get faa approval until maybe july. So if 180 points on downside, 90, boeing, number one component in the Dow Jones Industrial average, in a freefall at this moment. So there are things that can delay this rally. Were looking at one of them right
Ad, charlie the tuna got shot down sorry charlie. Starkist did not want tuna with good taste, they wanted tuna that tasted good i dredged it up because today the market rejected charlie. And they went with tuna that just plain tastes good solid real, clean copies with no flaws and consistency. If you look at the averages, this would have seemed like a sedate day nasdaq declining 2. 30 when you dig deeper, there was a major rotation out of the charlie the tuna stocks. And in to plain old albacore packed in water. It started yesterday when the banks reported better than expected especially with the curb of them being able to make money off of your deposits. The banks have so many other robust earning streams that we dont have to fret about the yield curve as much as we once thought. There was an 8 Revenue Growth and the stock roared from 116121, it was a bank to be it was pointed out the consumer continues to be quite strong, end quote. Hey, gloomers and doomers, listen to jamie. The mar
The burglary happened at the new work jewelry center. A family run business on thornton avenue. New at 10 pm we talked to the owner and is here now with more Surveillance Video of the burglars in action. Reporter this business has been around since 1981. Valued in the community. The owner said this is the first time he has ever been hit. The entire theft lasting two minutes and 14 seconds. Surveillance video captures two masked men break into the Jewelry Store early sunday morning with a six foot steal crowbar in hand. Within minutes they smash showcases of jewelry. You can hear the impact where you have to hit the cases multiple times to get them to shatter. Reporter he is the owner and his father started the business in the 1950s and move it to the Shopping Center in 1981. Richard said when he arrived he found the front door damaged lassen jewelry everywhere. He said the crooks broke five glass cases. Filled with Estate Jewelry of customdesigned oneofakind pieces. I still havent reco
It on repeat it is thursday the 18th of july and fbn am starts right now. That song annoy you yet welcome to fbn am dont be annoyed tuesday Lauren Simonetti thank you for joinings. Rng good morning everybody. Im cheryl casone. Lets take a look at how your money is moving this morning pus futures are looking at more declines dow down 80 points and nasdaq down 12. 5 two dow stocks do report today United Statessed health and microsoft. Despite concerns from investors theyre gearing up, of course, for next fed meeting were looking for that rate cut as you can see right now on the tenure, unchange. Taking a look at oil prices comments foreign minister that u. S. , quote, shot itself in the foot by leaving the nuclear deal oil is at 56, 64 a barrel. Worries about global outlet for earnings, of course, trade concern are already there. This is how stockses are trading this morning in europe red arrows across thed board. Escalating there. To the top story this morning the president waste nothin