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The heated rhetoric not helping the markets at all as we head into the final hour of trade. Neither did the weekly jobless claims number that came out this morning. It rose for the first time in 15 weeks. Then you have goldmans morning call that apple is bruised and should be tossed from your portfolio. Weve got red acheck it here. Dow down 341. S p down 38. The nasdaq down 227 points. This china situation, American Farmers dependent on selling their product to china, are bracing to be pawns once again. We will talk exclusively to a wisconsin soybean farmer about how his business was first affected since signing of the phase one trade deal and who knows whats going to happen to that phase. From massages to a whole different business of medical testing. How one chain flipped Business Plan to survi the covid crisis. Weve got the ceof express supspa group. They have the airport ....
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 techheavy 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 workathome boom. And its ipo day for lemonade. We will talk to the ceo of the insurance app thats targeting ....
Strength of the iphone our josh lipton starts us off with what is at stake today. Josh is live in cupertino. Reporter hey, scott, listen, the Shareholder Meeting is really just Getting Started right now, shareholders dpa gathering. Actually in the new steve jobs theater at the on the new apple campus thats where they introduced the world to those new iphones, the 8, 8 plus and iphone x last fall tim cook is going to be here and is going to field questions from shareholders, scott. Ive been covering these Shareholder Meetings for a while now, and i can tell you cook always does seem to appreciate and enjoy these meetings he seems to really like fielding these questions from his shareholders, which typically cover a very wide range of topics but i wouldnt be surprised if shareholders also do, to your point, scot ....
Tip our caps to the men and women of the United States armed forces now a special edition of the Halftime Report with scott wapner live from the intrepid sea, air and space museum. [ cheers and applause hello and welcome. It is great to have you with us today. We are so honored to be here on the intrepid with an allveteran lineup of special guests a very special thank you as well to our live studio audience today for braving the cold to mark this special occasion with us several of our traders are with us today were going to get to them in just a few minutes but with me here onset inside this giant ship to kick things off today our very own joe terranova, army veteran, wall street grad, vinny viola is here, stephanie link as well along with navy veteran jim laventhal. We salute you and your service to this country. Vinny, certainly an honor and privilege to welcome you to the ....
To have every reason to be down again today in a followthrough and fought through. What do you make of it . We are not buying the same stocks. People have to understand. Part of the market on fire, no good. Look at a stop like bank of america. Look at wells fargo. There havent been bids underneath these stocks. Stocks that the liesman interview with stan fischer is calling for multiple rate hikes. Now, maybe they walk them back, but we get a strong employment number, these stocks continue to fly. Something to live more. Best performing sector today. On fire. This the buy signal in the group . Saying it the last six months, been dead wrong. You have to keep buying these. Buy the ones jim said, the regional banks. The signal that will happen, the economy is okay. If the economys okay, banks will do fine. Trading below book. Trading at a market discount. No money is in the sector, strong balance sheet, dividends, everything people were buying in staples and telecom. And also the ability t ....