month. the unemployment rate fell to 11.1%. that is sparking a rally as investors also ignore rising coronavirus cases. right now, as you can see, we are hovering just above 26,000. we may hit session highs once again. the dow was up more than 400. we will see if we can kick it up in the last hour. the s&p up 34, the nasdaq up 122. this could be the 23rd record close for the nasdaq and second day in a row we got records for the tech-heavy nasdaq. we shall see. the june jobs report reflecting the reopening of america. atlantic city casinos rolling the dice on reopening today. the ceo of golden gate casino shares his advice for his competitors after opening his vegas casinos just last month. but gym owners are still waiting for the green light to reopen in many places. beach body ceo and founder on gym owners rights to the work-at-home boom. and it s ipo day for lemonade. we will talk to the ceo of the insurance app that s targeting millenials and disrupting a very tradition
over its next attempt to provide billions more in stimulus but what happens if the impasse drags on? the democrats want guarantees that some of the money will go to hospitals stressed by corona victims. gop congressman roger marshall of kansas is a doctor who ran hospitals. he s going to walk us through the top medical and political issues blocking additional aid. the million dollar question both democrats and president trump are asking, when will president obama officially get his shoulder behind presidential candidate joe biden? we will ask obama confidant robert wolf. plus grocery chain stores stop n shop teaming up with unlikely partners to protect its customers and staff. first on fox business, stop n shop s top dog, gordon reed, on his uber big announcement. guess who s seen a 1,000% increase in its business? next year in jerusalem but for now, we are kind of stuck with zoom. exclusive pictures, i know you are waiting for this, from my zoom passover seder coming up.
2,255 points. right now we are down 2,003 points. at 1:00 p.m., money started fluttering down, the federal reserve making a move to support the bond market amid the coronavirus collapse. the s&p 500, by the way, had been down 240 points and of course, we had 689 points getting slashed off the nasdaq. right now the s&p is down 219 and as we look at the nasdaq it s down 619. despite the fed s move, the s&p and nasdaq joined the dow jones industrials in a bear market. this as the 11-year bull market is officially about to come to an end. the selloff kicked in pretty much right at the open and five minutes in, triggered once again for the second time this week the circuit breakers that halted trading for 15 minutes. let s show you some metrics here. the oil patch. take a look at this. it is playing a huge role in this selloff once again. oil is crashing, folks. we do have it down to $31.32. that s a loss of 5% today. much of this comes after president trump announced a travel ban
merger man, here in a first on fox business interview. he is t-mobile s outside counsel on whether there s any credibility to this report from bloomberg which would stop the creation of the third largest wooil wi wireless operator in the u.s. at this hour, several major american tech giants who do business with huawei are slamming the door on president trump s blacklist order from google to momentum and a huge number of u.s. chip makers, there are all kinds of reports they can no longer do business and it s going to hurt their revenues. we have the latest chapter in the huawei saga. speaking of slamming, the nasdaq bulls are slamming into a wall and it s bigger than just huawei. the tech-heavy index is down 121 points or a loss of 1.5% because this overall trade war with china shows no obvious signs yet of any resolution. with exposure to china, you know apple s a big story. we are about to show you shares of that. but there is good news here. with summer just days away,
local opposition shouted them down and out. the repercussions already being felt at this hour. the new york real estate agent who says his clients were lining up to build and improve queens, now they re crying in their beer but perhaps it s the residents who should be sobbing. it s a fox business exclusive. and team trump in beijing, just hours away from facing the ultimate decider on the chinese side, president xi jinping. but there s one issue that could ultimately destroy this trade deal. we will tell you what s developing right now. plus, famed market guru from blackstone in his first interview since he sent his clients his annual 2019 investment surprises. you will only get them here, for free. you don t even have to be his client. and heart health meets big tech as we introduce you to the cardiogram cofounder who could save your life and even the ones you love and all it might take is his app on your wearable. coca-cola shares worse than flat, on pace for the la