After jay powell made down beat comments about the economy just as coronavirus cases were spiking in the south and the west today the fed chief once again made it clear that the economy remains weak and were seeing more gigantic coronavirus spikes in the south and west this time the dow surged 527 points as it jumped 1. 90 , nasdaq pole vaulted 1. 57 . How is this possible how is it possible goes down gigantically, same thing, next time goes up two key differences. First the fed is planning to buy individual Corporate Bonds to ensure Companies Stay afloat if we had survival of the f fittest, powell is doing everything to limit carnage, survival of everybody. Second, we had the biggest sales gain in history up 17 in may. That sounds very vish we have a super accommodating fed at the same time were Getting Better data which means the recovery has staying power and almost broke oil company or restaurant chain wants to issue bonds, the fed would probably buy them i know there are a lot of
Good afternoon. Welcome to a brand new hour of markets now. Melissa fighting for green. Dow struggling in to stay positive but the trading day is not over yet. Can we make it six Straight Record closes for the dow . Lori the case for why a rising tide doesnt lift all boats ahead. Melissa forging bipartisanship in washington. Freshman republican congressman joins us on his pledge of allegiance to the u. S. A. , not strictly to the g. O. P. Lori paul ryan unveiling the balancing act. House republicans roll out his partys plan to balance the budget in 10 years. What do democrats have to show for it . But first time for stocks now. Nicole, the dow is fighting for another record close today. Were not too far off the unchanged line, lori and melissa. The dow is down not even two points, nasdaq down almost a half a percent and s p 500 down a quarter percent but that wasnt before the dow hit another record day high here of 14,478 so getting closer to 14,500 but some of the experts that ive bee
/PRNewswire/ iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today introduced the Roomba Combo® Essential robot, an affordable and easy-to use.
Amazon (NASDAQ: AMZN) ventures into groundbreaking territory with a partnership with Mexican fintech Kueski, introducing bi-weekly installment payments for Amazon Mexico users without credit cards, marking a significant leap in accessible financing options for consumers in Latin America's second-largest economy.
Shares of iRobot Corporation (IRBT) are falling more than 10% Monday morning after the consumer robot company said its acquisition by Amazon is being cancelled..