From bear market to a new record at the fastest pace since 1991. 193 trading days from low to a record. But the vaccine by both moderna and pfizer are about to create a mountain of medical waste. This is all great news for one company out there, steracycle which disposes of it for hospitals and medical facilities all across the world. The ceo is in full preparation mode. Shes going to explain what theyre doing to get ready for that in a fox business exclusive. And as casino stocks rally on the vaccine news, are they kicking off the party a bit too early . The ceo of circus sports just opened the biggest sportsbook in the nation. How hes actually calm about this. Hes betting his early open will earn him a lot of green. First, weve got team fox business coverage ready to roll. Blake burman live at the white house with the plan now in place to distribute the moderna vaccine. Hillary vaughn is in wilmington, delaware with what president elect joe biden is about to say in a speech about the
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
Billion dollars from the police budget. Guess what, aoc says it does not go far enough. Well get reaction from Deneen Borelli coming up. That and much more coming up on making money. Charles well the bias of the market has returned to the upside. Whirlwind whipsaws continue, wild gyrations. I think theyre telling us something. Surges into the close and to the upside. Preopening action we saw the market really steep declines. They were erased on jobs data that were better than expected. They actually werent but i think the vaccine hopes gave us a push and rally faded on manufacturing data that was better than expected. Does the street want good but not great data . How much of a gamechanger would be the Coronavirus Vaccine be for this market . Lets ask kaltbaum investment geir which Gary Kaltbaum and bny mellon strategist, Alicia Levine we know this would be a gamechanger, but how much would it be . 3 to 4,000 points to the dow, charles. They were working well until the numbers started
Markets with the best three months in decades. The dow saw the best quarterly performance since 1987 the nasdaq had its best gain since 1999 and ended the quarter up 30 take a look at the small cap up 25 since april 1 the best gain since the First Quarter of 1991. Because the First Quarter really stunk up the place the dow coming off the worst first haflt year since the financial kri sis. The s p still down 4 on the year yesterday was something to watch. We had all three major averages which did close for the month of june in positive territory you are looking at s p 500 closing above 3,100 and watching the nasdaq close above 10,000. Seeing a slight pull back. S p futures down about 10 points and nasdaq off by 25 weve been keeping track of the treasury market. The 10year has been below 0. 7 . Now sitting at 0. 684 . Crude oil prices were a huge point of concern earlier in the year up 40. Well see what could help the senate has voted to extend the ppp Bailout Program to august 8 giving
Good morning im becky quick along with joe kernen and ars there are some red arrows. You have to look at what has been happening over the last week joe mentioned it is up 3. 5 this week alone watch what has happened. The crazy whip saw market picking up again walking you through the dow. Thank for peter for helping me out with this. The record high 25,551 on november 12. Falling to the low on march 23, 18,591 yesterday, june 3, the dow up 41 back to 26,269 the same story with the s p. Looking at that, you will see it hit a record high 3,386 on february 19. Fell on march 23 to 2,237. Yesterday back to 3,122. It just shows you how rapidly these things have happened and how much ground has been made if you are looking at the nasdaq. Only up 1. 4 from the record close from february 20 treasury yields have picked up the 10year yielding 0. 746 . Crude oil prices are down this morning. Concerns that that opec plus meeting. That there will not be any cuts extended a lot of that comes as you ar