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95 points higher. You know liz mentioned this down the stretch of her show, russell 2000, the small cap stocks, dow transports they both closed at records today as well. That is kind of day. A lot of green and really big day for stocks. Im Connell Mcshane. We welcome you to after the bell. Those are the numbers at the close. Time now for the news thats happening at this hour. We have fox Business Team coverage with Jackie Deangelis in the new york newsroom, blake burman reporting from washington, also get to Hillary Vaughn in wilmington, delaware, president elect biden just wrapped up there remarks on the economy but blake, lets start with you. That is the big news today. That Moderna Vaccine. Tell us about ....
Making money. Charles so i got to tell you, investors, at least the market appears to adjusting to worsening yield curve inversion. 10year lower than the two year. Just earlier this month, remember when that first happened, first time that happened, investors running for the hills. The stock market crashed almost, recession fears were rampant. What changed here . Here to discuss david dietze, and mahoney Asset Management president ken mahoney. Ken, the first time this happened, the dow was off 800 points. Closing at low of the session t was all the talk of financial and mainstream media, recession around the corner. What is different . What is causing inversion, part of it is foreign money coming into our markets. 15, 16 trillion of negative interest rates, that will bring money over. You cut rates a couple times, you get inversion. One is cause of it. Investors realize the cause of it, recession in the u. S. I dont think it wil ....
If you build it yankees will come and iconic baseball movie getting the mlb treatment, it is friday, august 9th fbn am starting right now. Welcome to fbn am l im lauren simonetti. Good morning im Tracee Carrasco in for Cheryl Casone what a week. What a week ending right where we started so lets take a look at how your money is moving this friday here in the u. S. We are seeing a triple digit decline dow futurings are down 100 points nasdaq down 50. Pretty volatile, summer week which is odd. All right lets tick a look at the yield on the tenure treasury right now. You can see pointing down, 1. 71 nine basis points below. International agency has come out and downgraded once again the global nangd forecast, how far about, the price of wti is gaining, that half of one percent 528 lets split the board also show you another that is right to safety going on as investors are git is ....
Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff russia is stepping up pressure to regain two diplomatic compounds seized in new york and maryland. President obama ordered them seized in december, over russian meddling in the 2016 election. Today, foreign minister Sergey Lavrov called it highway robbery, and his deputy held a highlevel meeting at the state department. Nick schifrin has been following the story, and joins me now. So, nick, why are the russians so interested in these two compounds . What officials are talking about is bilateral ....
Involved in three smash and grabs overnight. `denver7 reporter eric lupher is live at the Shopping Center off broadway at hampden. Reporter this could be on an episode of stupid criminals, lets put it that way. Police are telling us the crook smashed the door to this Electronic Store and smashed in the door at that asian restaurant a few doors down. He walked home and it snowed, so clearly he left behind some thats how police nabed this guy. It first started at ew1hazaba hair salon on east hampden. There were footprints there and lost it. That hair salon. Listen. Just broken glass everywhere. And a Cash Register that was empty and out on the counter. Reporter did they take anything from thh register . No, they did not, because i didnt have cash in it. Reporter of course that owner was very excited to hear a possible su ....