Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more. A bold call on energy, we will speak with a strategist who says now is the time to buy the sector continues to lag far behind the Broader Market, despite todays pop. Lets get straight to this resilient market, the s p 500 looking to close out its 7th straight day of gains, the dow turning positive for the year. Mike san tolly tracking all that action resilient, relentless, persistent, this uptrend, the s p 500 clicks the 3500. So essentially bumping up against that thats your High Water Mark i
More than 2 and the s p and nasdaq at more than 3 a piece for the week and the s p and the green, five weeks in a row and that the longest winning streak since december, the dow on track to have for august since 1984. So the run keeps going for stocks, we will talk a lot about it, number of stories were covering with fox Business Team coverage, edward lawrence, blake berman, sit down jerry, we start with edward in washington. A quick flight back to jacksonville, part of the gains that we saw here in the markets could be related directly to the Federal Reserve and the action that the fed took yesterday, the Federal Reserve president said its an evolution, not a revolution specifically related to averaging to achieve the average of a 2 target in an inflation, the Federal Reserve trying to see if they can make things average about 2 , theyre saying that the people will not see the prices of the things that they buy jump noticeably, what theyre looking for is the price stability, less than
Trading month post split check out this sky high etf chart. You think you know what this etf is let us know. We have a lot to get to with news breaking on at t. Lets get to Julia Boorstin with more. Thats right, brian, those shares up about 2. 5 in after hours trading on a report that at t is again exploring a sale of its directv business this according to the wall street journal who site sources saying at t and advisors have been talking to Apollo Global and Platinum Equity as potential bidders. At t has explored selling directv. The ceo has discussed the importance of divesting noncore assets directv has struggled with cord cutting amid the growth of streaming options. The wall street journal is saying a deal could value directv below 20 billion. Thats less than half the 49 million at t paid for directv back in 2015 at t tells us it has no comment on this report we are reaching out to apollo and Platinum Equity and have not heard back yet steve grasso, so your take not only on the ne
A recent Conference Call with House Republicans discussing the you know the latest 3 trillion 1. 19 relief package politico is now reporting that the corporate joel himself promised the beefed up Unemployment Benefits and acted earlier this spring will not be in the next bill and the mcconnell said that republicans are going to quote clean up the democrats crazy policy that is paying people more to remain unemployed than they would earn if they went back to work in other words promising but the Unemployment Benefits keeping millions upon millions upon millions of u. S. Citizens afloat during these times of crisis will be no more by the end of july essentially forcing you back into the low paying workforce to face the distinct possibility of death by coded for either you and your loved ones thank you mitch but fear not because mitch did reveal that he has some heart left in the. In that in that husky calls a body his heart is just not for you according to Common Dreams on that same phon
Earlier this spring will not be in the next bill and then mcconnell said that republicans are going to quote clean up the democrats crazy policy that is paying people more to remain unemployed than they would earn if they went back to work in other words promising that the Unemployment Benefits keeping millions upon millions upon millions of u. S. Citizens afloat during these times of crisis will be no more by the end of july essentially forcing you back into the low paying workforce to face the distinct possibility of death by cove it breather you and your loved ones thank you mitch but fear not because mitch did reveal that he has some heart left in that in that in that husky calls a body his heart is just not very you according to Common Dreams on that same phone call mcconnell continued advocating aggressively for the inclusion of corporate liability per. Texans in the next stimulus package in order to quote shield corporations from legal responsibility for workers who contract cod