Tech names may be beneficiaries of a decision the United Kingdom has made when it comes to huawei and 5g. But wait a minute. The big banks did send up some warning flares in their quarterly reports on this first day of Second Quarter earnings season. Why are the biggest names in finance fast inflating their Rainy Day Funds . What do they see that you might not . Our floor show traders are on it. They will shine a light on it and explain. Just as teslas stock bubbles even higher, here comes a potential pin to pop it. Fisk fiskers uber cool all electric ocean suv with its 300 mile range, karaoke and california mode features is ready to open the reservation lines. Founder, chairman and ceo lhenrk fisker is here on his unique route to the New York Stock Exchange, taking on elon musk and yes, he will explain what california mode is. Pretty cool. From california all the way to a tiny private island on the east coast where the wealthy elite are ready to pay a pretty penny to escape from the c
Hi, everybody hello, melissa its great to be with you, sort of, here back in the kitchen the s p at its highest level in about a months time. You have amazon, you have apple, youve got alphabet. Aaa right there. Facebook and netflix as earning season kicks off this week the big banks starting tomorrow. Lets get to bob for more. A little bit of a milestone just about 40 minutes or so ago. We turned positive for the year on the s p 500 i know its hard to believe we started the year on the s p about 3231 were a bit below that we did hit it about 40 minutes ago. We positive for the year the low for the year, 2191 that was on march 23rd the high, february 19th, 3393. Were still below that but not by an awful lot. Quite a remarkable run if we with close over 3232, that will break out to its highest level since february the bottom line is markets on an upswing here tyler told you about the new highs if faangs. Some of the stay at home names. Walmart x costco clorox also intraday high. Were ta
Of the u. S. creditworthiness by Fitch Ratings agency, the markets are mixed. But all four major indices are well off the lows of the session. Dow is up 3 points. S p down 1 point. Nasdaq up 22. Youre looking right now at former President Donald Trump who is just disembarking in washington d. C. He will then get in his vehicle and head to his arraignment. Trump will appear in federal court to answer charges he con conspired and plotted to overturn his 2020 election loss. As you see, he is getting into an suv. Hes got security. We have cameras all over the Nations Capital to follow this. Ing fox business Grady Trimble is standing by at the courthouse where trump is set to appear in person at 4 p. M. Eastern. He may be asked to enter a plea, and a judge will set release conditions. Hes fully expected to plead not guilty, by the the i way. Were going to keep you posted minute by minute as events develop. And in the meantime, he is in that car at the moment. He will take to the road. Lets