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FBC Varney July 4, 2024

Its the tate of the union tonight. State of the union. Biden will go with after greedy corporations. Hell propose if much higher Corporate Taxes, hell take more from millionaires and billionaires and rail against shrinkflation. But what people will be looking for is whether the president has the mental and physical stamina required for four more years. Donald trump will conduct what he calls a live playbyplay during the president s speech. He will correct in Rapid Response my and all inaccurate statements, end quote. Should be fun. To the markets, and look at this. Nvidia has broken above 900 a share. 902 right now in premarket action. It is now a 2. 2 trillion company, only slightly behind microsoft and apple. And theres a big gain for novo nordisk. Theyve got a new weight loss drug. Its a pill, and its showing major promise in early trials. That stock is up another 6. 55 . T ....

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FBC The July 4, 2024

We need you back, so be well. Thank you, charles. We begin with breaking news. Some of the worlds top bank stocks are losing chunks of their market cap as we kick off the final hour of trade, and that is dragging down the broader market. Dow jones industrials and, by the way, everything is off the lows of the session, but still the dow is down about 184 points. We had been down about 465. We are looking at whats going on here regarding the selloff. Its erasing much of the ground the bulls had gained during this hour yesterday. If you look at the Dow Jones Industrials 2day chart, the blue chips at the moment are kind of coming back but still certainly not what happened yesterday, blasting skyward by 407 points monday afternoon. Yeah, not there yet to find that number back. The s p right now down 24 points. That loss at the moment basically yesterdays 40point gain, cant get it all back. The nasdaqs 85point sizzler just 24 hou ....

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