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Transcripts For FBC Varney Company 20240712

Vaccine and treatments, bringing the futures off of their lows this morning. Still looking a lower open today, but much of this is profit taking after a very strong rally yesterday and last week. Investors saying you know what, im going to take some money off that table. Theres not much stopping big tech, though. We talk about them a lot, every day, but for very good reason. New highs for several of these and one of our bulls will tell us in a few minutes why hes still buying them even at these levels. Happening at the white house today, a big meeting about getting americas children back to school in september. That is a major factor in the economic recovery, if kids are back in school, parents can go back to work. Its a key issue. What about Patrick Mahomes . Hes a recordbreaking deal thats guaranteed for nearly a half billion dollars. I say guaranteed. Hes a very rich young man. We have two pro athletes on the program to talk about that today. Big three lourshours ahead. Im Ashley We

Transcripts For FBC Varney Company 20240712

Fullon identity politics for the democrats. Mr. Biden now has a strong lead over the president. Hes 12 points ahead in the latest fox news poll. However, look at this. There is a huge Enthusiasm Gap and it is in mr. Trumps favor. 31 say they would vote for mr. Biden because they are enthusiastic about him. Double that number, 62 , said they were enthusiastic about President Trump. His base is clearly staying with him, obviously, and that will be into play tomorrow at his the city. They have already started to line up outside the stadium. We will take you there in just a few minutes. And we will take you to wall street and you will like it. Another rally this morning. Look at this. The dow will be up over, what, 350 points, 1. 3 . A similar gain for the s p and a 1 gain for the nasdaq composite. 10,100 on the nasdaq. Whoa. Amazon roaring ahead again today. They are clear lockdown winners. Jeff bezos is a clear lockdown winner as well. Hes by far the richest person in the world. Hes now

Transcripts For FBC Varney Company 20240713

At us, we are at number four. The president , the Speaker Pelosi and treasury secretary mnuchin, they are all on board with a grand infrastructure plan. Leader mcconnell says hold back for now, but it sure looks like a lot more spending is in the works. After all, we are all big spenders now, arent we . Look at the markets. Responding to the jobless numbers and the possibility of more stimulus. The dow looks like it could eke out a small gain of maybe 70. Nasdaq up 17. S p up maybe 10. A fractional gain for stocks despite that jobless number. Look at the price of oil. Up sharply today. The president wants a deal with the russians and saudis and he will meet with Oil Company Executives tomorrow. The oil price this morning is up to, okay, up to just 22 a barrel. Got it. But its higher by 9 . The price of gasoline, look at this, keeps coming down. 1. 97. Thats the national average. In oklahoma, hard to believe, its all the way down to an average of 1. 51. Thats oklahoma. On the program to

Transcripts For FBC Varney Company 20240713

With a big bang and open up our country or certainly most of our country and i think were going to do that soon. You look at whats happening, i would say were ahead of schedule. Now, you hate to say it too loudly because all of a sudden things dont happen, but i think we will be sooner rather than later. Ashley sooner rather than later. The markets responding positively in the premarket today. The dow up 330 points. It is a holidayshortened week. No trading tomorrow. We have long weekend coming up. What will that do to the markets . We will get into that. As for oil, up as opec plus meets. We are likely to hear about a deal between the saudis and russians to cut production, although up until now, they havent seen eye to eye. In the next hour, we will hear from fed chair Jerome Powell and Senate Majority leader Mitch Mcconnell. Powell could move the market with his remarks on the economy. A half hour ago, the fed announced 2. 3 trillion in new loans available. That helped offset the neg

Transcripts For FBC Markets Now 20130313

You are gonna need a wingman. And my cash back keeps the party going. But my Airline Miles take it worldwide. [ male announcer ] it shouldnt be this hard. With creditcards. Com, its easy to search hundreds of cards and apply online. Creditcards. Com. Lori welcome to a brandnew hour of market now. I am lori rothman. Melissa i am melissa francis. We need a redhead. Where is Elizabeth Macdonald . Lori i do not know where you are going with that. Melissa Senate Democrats are set to deliver the first budget plan in the last four years. Only one answer to the debate, we will talk with adam schiff this hour. Lori we are talking about Cyber Threats. An inside look at how washington is prepared or not to handle the global threat. Melissa two years after japans hiroshima disaster. Why one is still bullish on the power source. In the meantime, it is time for stocks now as they do every 15 minutes. Nicole petallides is standing by. It looks like we are on track with yet another record. Nicole i ca

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