Jeff Hoffman News Today

Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is ...

Country. Already getting crowded out there, including to chicago and los angeles. Always crowded in los angeles. Speaking of l. A. , the mayor Eric Garcetti is urging people not to travel or he will fine you. Also ahead, we have one Restaurant Owner who is openly defying his states mask mandate. No masks for customers, no masks for employees. Hes here in the 10 00 a. M. Hour to explain. But lets take a look at the futures, why dont we. One day after the dow surged past that 30,000 mark, just dow...

Wall street expects some kind of stimulus. We have another monday morning rally with plenty of green and the dow jones is closing about a gain of 150, but nasdaq up over 100 points. Big tech up this morning i think pretty much across the board, yes. Its all green. Even though three top executives will be hauled before Congress Next week, both sides of the aisle angry over big tex wealth, power, influence and serious discontent about censoring conservative opinions as some senators subpoenaed jac...

Not a word of antifa and he took no questions at all. The president leaves the white house at 10 00 oclock hour, he may take questions. Companies giving us financial drama. Look at this, zoom, lockdown winners, huge increase in profit and the stock up to the races. 120 bucks. Walmart, two developments there. Deal for tic tac may tiktok fairly soon and delivery soon with amazon. Watch the stock go 2 and a half per can he be the. The dow looks like its going to be down today, the s p slight move a...

Speaker pelosi says its absolutely absurdly unconstitutional. What will they do . Go to court to stop people getting the money . Right before an election . Good luck with that. The president s playing political hardball. 84 days to the election and again, the money will flow. Investors like it, by the way. Looking at the futures, the dow industrials will open this morning with a gain of about 100 points. The s ps going to be up about four. The nasdaq, up about 13 as we speak. The president s pla...

On the dow. Stocks now on pace to finish the week in the red. Those big name tech stocks we follow so closely every day, down again. We have news of a possible delay of the new iphone and apple was responsible for yesterdays market selloff as well. News on the virus. President trump says now is not the time to be holding a big event in florida, canceling the jacksonville portion of the Republican Convention. The rnc will join us in the 11 00 hour to talk about that. To chicago, where two Christo...

Growth is slowing down due to the outbreak across the sunbelt. We have been at one point up 6 . Were now up 0. 7 . At one point we got to the highest level since the pandemic began. Ahead on todays show, stocks seeing a big rally to start the week Jeff Rosenberg of black rock says the bond stock model does not work in this environment he will join us to discuss where hes putting his money to work right now. Plus, entertaining in the age of coronavirus. Well speak with pitbull about how artists a...

Which is indeed making a comeback. The latest numbers show a sharp increase in new cases, running to about 40,000 a day. The virus task force reconvenes today for the first time in two months. Some states are pausing their reopening program. That is a warning to the nations economy and the rebound. The wall street journal, this is an important warning for the president. The powerful Editorial Board bluntly said hes heading for defeat. Thats a warning for wall street, too, because a biden win wou...

California will open movie theaters on friday, at least in a limited capacity, but they are opening. Guess what . We have an ipo today. Remember those . Vroom, an online used car retailer, goes public this morning. All positive signs abound. Yet the media is jumping on the headline from a group called the National Bureau of Economic Research. That Group Reporting late yesterday that we are officially in a recession and that it began in february before the pandemic. Still scratching my head on th...

Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mi...