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FBC After The Bell July 12, 2024

Here all three of them in the red today. As you just saw the dow finishing down 130. The s p down 28, the nasdaq down 140. We were concerned it was going to slip further into correction territory. Did not do that but not by a lot, my friends. What was going on there . Big tech, momentum stocks having the most trouble here today as we start to think about the recovery, is it real, whats going on with the concerns that the improvement in the economy may not be what we need . The momentum stocks, apple, amazon, youre seeing them here on your screen, microsoft, google, facebook, all down more than 2 . There are big concerns about valuation. Are the stocks too rich. They led the downturn today. They are extending declines from yesterday. I should mention here tesla snapping a five day winning streak. That is not nothing. What was at the roots of concerns . Concerns about the recovery. Weekly jobless claims coming in. 860,000 workers filing unemployment claims. That is below one million for ....

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Varney: Joe Biden is no longer 'Mr. Nice Guy'

FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co.," argued that President Biden is no longer “Mr. Nice Guy” after he cursed out Fox News’ Peter Doocy over a question about inflation. ....

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