Report from new york far left the Attorney General evidence of massive corruption and a coverup at the highest level with a deadly effect on some of the most vulnerable, our countrys seniors. At the story that everybodys talking about, the rebellion against the tyrant into finances governments, gamers with money to spare. Some members of both Political Parties are united behind the reddit rebellion. The little guys driving up share prices at the expense of the big guys. Now, some say the game stop trading more mirrors the politics of today. The globalized world with a very rich dont take challenges because they are power without a major fight. Hey, get off your foot to get off your phone. They have a robin hood. It screwing us over. Shannon politics, all of has been colliding this week and a pretty remarkable unfolding os of what we are seeing. Shannon thats true. Hello, welcome to fox news night, im Shannon Bream in washington. Weve got Breaking News tonight on possible Market Manipul
Republicans are calling a new report from the hard left Attorney General evidence of massive corruption and the coverup at the highest level, deadly effect on some of the most vulnerable, our countrys seniors, the story everyone is talking about, kind of rebellion against finance and government, gamers with money to spare, some members of both Political Parties uniting behind the redit rebellion, folks by the handle Roaring Kitty taking it to a firm called; merrill, the little guys driving up share prices at the expense of the big guys, some say the trading were mirrors our politics of today, the very rich dont take challenges to their power without a major fight. Get off your phone. They have a stake in robin hood and tell them what to do. They are screwing us over. All of it is just kind of colliding this week in a pretty remarkable unfolding of events. Shannon welcome to fox news at night, Breaking News on Market Manipulation from the Business Breaking News leader himself, Charlie G
Down, along come the rebel populous traders to say not on our watch. How big does this get . Welcome. Im neil cavuto. This is your very well depending on the stocks, profitable world. Not so great for the conventional market which is taking it on the chin because namely washington will take its investigations to gamestop and a host of others and all of these others that have been jumping far and fast. Susan li on the end of week theatrics that i dont think are ending on this end of the week. Hey, neil. The gamestop readit frenzy has taken wall street to unchartered territory. We have never seen volumes like this before. Its making investors nervous. The dow jones breaking below 30,000 this afternoon for the dow and the s p finishing the first month of the year lower. While it was a major selloff, the gamestop rally was backed on and amc and express and cost. This after robinhood allowed their traders to trade again raising a billion in cash to ensure they have enough money to clear the
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
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