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Biotech stocks. And lets get a look at the markets. The averages are down but not much. Nasdaq is the lowest of the three majors down about 30 10. And s p is about flat. And the dow jones is down about a tenth of a percent. There was an antitrust investigation launcheded into the company but we are seeing a lot of other speculative stocks soaring as money is chasing anything with a. I. In its name. Big bear a. I. And sound hound are up 60 this week. It is only wednesday. Beyond meat is soaring as the company unveiled a turn around plan including cutting costs and raising prices. Bit coin crossing 63,000 today, First Time Since late 2021. A lot of people are looking at the 69,000 alltime high as now a real possibility. 61, 416. Lets bring in kate rooney for more. Bit coin is back near the alltime high. Crypto in general tends to be a barometer of risk out there. You are seeing some momentum in chasing stocks as analysts at gladst ....
The hang seng market was up and so was the shanghai. The dax was up by 1. 4 . The cac up by 0. 9 . The ftse up by a quarter percentage point. If you check out crude oil prices, youll see crude oil is under significant pressure once again today. Down 1. 38. Down below 47 a barrel. 46. 98 is where the july contract for crude is trading now. Lets get you through todays agenda about the labor market. May jobs report out at 8 30 a. M. Eastern time. Nonfarm payrolls forecast to ride by 184,000. Thats following an increase of 211,000 back in april. The u. S. Economy added jobs for 79 straight months. The Unemployment Rate expected to hold steady at 4. 4 . The lowest level in a decade. Russian president Vladimir Putin will be speaking in st. Petersburg at a forum alongside several other World Leaders including indias modi. The ....
Will say thanks. Please is silence your devices and if youre on social media today please use the gbs. Feedback is valuable and surveys are available here and on our website. By submitting a survey will be entered into a drawing for hundred dollars visa gift card and i hope you all put that in. Our author will sign books immediately after this presentation and copies are on sale to your right. Quick word about buying books, this is a free event, but it helps the book festival if you buy a book and the more books you buy the more books the festival cells in the more publishers will want to send their authors here to speak with us. Purchasing books from our partners help support one of the world great independent bookstores and supports local jobs. I have a bag full over there myself. If you know this program, please buy books today. Our author this afternoon is Sharon Weinberger in the book is the imagineers of war the untold st ....
Criminals, breaking into homes in broad daylight. There are a half dozen cases in polk county. Investigators tell 10News ReporterKendra Conlon that crooks are taking guns in what they believe is an organized crime spree. Adriana shadrick says the burglars got away with a 300 pound safe and 32 of her husbands guns. Hes a firearms instructor and collector. They took pistols. Shotguns, and they also stole adrianas sense of security. Shes normally home during the day. Investigators linked that break in to another armed burglary here in winter haven that same day they say by connecting the getaway car to a larger crime spree. Auburndale police say this White Lincoln towncar with a beige top has been spotted in at least 2 of the burglaries. They believe a white four door cars also involved. Detectives say this is where neighbors ....
Fed willhours, the release economic projections. Anticipation high. We will get a clearer picture as to when the fed plans to begin monthly bond purchases. Ben bernanke will speak in what is likely to be his final News Conference as chairman. What is he going to say . We think he can provide a lot areontent and guidance on they forming a consensus toward one of the myriad options they discussed in terms of forward guidance. Setting the stage for 2014 and how they view the outlook. The last data point they have on continued to decline going into this meeting. Growth was slowing, that has to be worrisome. Bernanke has laid out 3 criteria for tapering. Better incoming data and a stronger outlook, we have got that. Plenty of policymakers have shown we have had substantial improvements in the labor market by showing the Unemployment Rate falling. Was his thirdhat criteria, tha ....