back with liz claman as we monitor this news conference. again, we're in the -- obviously, south florida, heavily spanish-speaking area of the united states. liz, i mean, i think that governor de santis and fema and the state and local officials are doing everything they can and there is the question of people who live in that building, who survived and where are they going to live and there's a sister building. the official death toll is now up to 9. once again, i think that they ought to address the fact that government, whether it was state government, whether it was local government, county, town, fell down on the job because there had been official warnings from engineers that this building could be in trouble. >> well, that's what you need to look into and that may come after the immediate drama of what's going on right there at surfside. again, howie, indeed somebody really dropped this ball and that will forever be on their shoulders. howie: all right. well-put. let's -- we'll take a break now -- not taking a break from being on wit

i've got to hand it over to my colleague now, liz claman. we're holding in for now though, liz that's the good news. ashley: well thank you, charles liz is off today but thank you, because that is a real honor to be called liz claman. all right, charles thank you. wall street in rally mode after weekly jobless claims fell to a new pandemic low that'sed good news and that got the s&p 500 popping into record territory and the dow on pace to snap a three-day losing streak the dow up 85 points, but the original meme stock, gamestop, under fire after revealing the sec is sniffing around for abnormalities in the trading of its stock, even as the company plans to sell more, and of course, we'll have the floor show and charlie gasparino all here to analyze the very latest developments in that, meantime worker shortage, the ceo of citrix will be here to reveal results of a new survey about what millennials want in a job. maybe not the office, so does that mean the virtual workplace is here to stay? we'll get into it. plus the marquette ceo is here the

i've got to hand it over to my colleague now, liz claman. ell thank you, charles liz is off today but thank you, because that is a real honor to be called liz claman. all right, charles thank you. wall street in rally mode after weekly jobless claims fell to a new pandemic low that'sed good news and that got the s&p 500 popping into record territory and the dow on pace to snap a three-day losing streak the dow up 85 points, but the original meme stock,

liz claman. especially going into a friday charles, good inspirational stuff thank you we have final our course that could kick the dow and s&p into record closes asthma markets session highs just seconds ago, the dow needs 200 points and he 39 to do the trick. rate hikes after today's mass and we are up winners 69 for the dow and the s&p is up 36 but the nasdaq is the big percentage winner of one and a half

liz claman. liz: i love the stories especially going into a friday charles, good inspirational stuff thank you we have final our course that could kick the dow and s&p into record closes asthma markets session highs just seconds ago, the dow needs 200 points and he 39 to do the trick. rate hikes after today's mass and we are up winners 69 for the dow and the s&p is up 36 but the nasdaq is the big percentage winner of one and a half percent or hundred and 96 points in today's rally comes as president vladimir putin of russia makes it inflammatory remarks thing out economic forms in st. petersburg claiming americans are trying to hold back russia's progress in color relations with the u.s. and extremely low level. we will speak exclusively to the man known as prudence baker, chairman andre, he knows prudence intimately so we are going to ask him how he believes that putting will approach the coming putting biden meeting and winter he thinks the u.s. russia are already engaged in a full-fledged cyber

liz claman, over to you. liz: you can't believe what's going on here with the meme stock mania, charles, sending amc to the moon, as we head into the final hour, can we make it five, yes the theatre chain shares already halted four times today as the stock goes wild, hitting record highs. we're going to tell you what's driving today's massive action look at that up 93% right now. a different story for the broader indices markets kind of hugging a flat line at this hour as the dow takes aim at five straight wins, we do have that dow just at that flat line, slightly higher same with the s&p, boy the nasdaq same, just slightly lower. billionaire tesla ceo elon musk is moving stocks again this hour with another tweet just hours after report that he broke his agreement with the sec about tweeting. why "baby shark" may get regulators circling again around tesla and its ceo and release the kracken app. u.s. crypto traders have a few way to buy digital currencies, including musk's favorite dogecoin. the kracken ceo is

liz claman, over to you. >> thank you. liz: yes. and happy father's day to you too, charles. thank you so much. folks, you have to go back to january 27th to see a five-streak loss here. that's what we're seeing right now. dow on track for its fifth straight day of losses. the last time the blue chips endured that long a losing streak, yeah, back to january. but this time around you do have, let's show it on the screen, the s&p, the nasdaq and the russell 2000 all joining the pity party after what appears to be, at least to some, a delayed reaction to that upgrade the fed made wednesday to inflation outlook or all this red on the screen, is it simply the option desperation streaking down wall street? coming up, our all-stars are here on what to do when it look like there's nowhere to run and nowhere to hide. believe me, they know some places. now, with this kind of volatility -- and you can check the vix, right? -- it is down -- up, rather, showing a lot of fear, up 14%. how would a brand new stock, change handle a session like the one heading into this final hour of trade? t

liz claman, not a bad market as we go into the last hour of trading. ay from wav ing goodbye to the first half of 2021 everybody on this final trading day of the month, the quarter, and the first half, the s&p 500 ever so close to its fifth straight record close, and by the way, any gains for the nasdaq, we're not there right now, we're down 18 points though does mean a new all-time record close, as traders, investors and money managers rush to rotate out of the first half winners, and into the next big

i love tesla's action, liz claman, over to you. liz: charles, thank you very much.of feel the chop as we head into the final hour of trade? charles: [laughter] i can feel it. liz: i know you can. down about 21 points we had been higher, the nasdaq trying to close out a second record session in a row, it's there, any gain will do it but the dow and the s&p starting to struggle just a bit here. a new survey revealing investor anxiety is starting to percolate we're about to show

liz claman, over to you. k mania, charles, sending amc to the moon, as we head into the final hour, can we make it five, yes the theatre chain shares already halted four times today as the stock goes wild, hitting record highs. we're going to tell you what's driving today's massive action look at that up 93% right now. a different story for the broader indices markets kind of hugging a flat line at this hour as the dow takes aim at five straight wins, we do have that dow just at that flat line, slightly higher same with

liz claman, another final hour that looks pretty juicy. liz: i know.t the markets are moving in such a tight range, right, charles? we are looking right now, folks, while off the highs, we're looking at the s&p 500 trying to eke out its fourth straight record, the nasdaq looking at two records in a row. we to have the dow, let's call it a flatline here, still up about 6 points. the record rally comes as president joe biden has just in the past couple minutes made his pitch for trillions in infrastructure spending in wisconsin. talking a look at

[laughter] liz claman, you're going to have a crazy, wild hour. liz: kenny always puts a recipe at the bottom of his morning note -- charles: only thing is you can't make those things, liz, because you need all these exotic ingredients -- [laughter] i can't make those kenny recipes. liz: that's right. i don't make recipes, i make reservations. thanks, charles. [laughter] wall street kind of displaying a split personality as we head into this final hour of trade. the dow cannot shake its fed hangover, but forget that for a minute. the nasdaq is now very, very close to an all-time record close. needs to be up 134 points. now, the post-pandemic travel boom though hit by a glitch this morning that knocked out web sites of major american air carriers. delta airlines ceo bastion is here this his -- ed bastion is here in his first interview following their shareholder meeting this morning. he's going to react to that and whether people are buying tickets to europe. now, while that was merely a technical problem, the glitch this morning, the biden/putin su

sort of a sideways day, although liz claman we are building a little bit of momentum i'm calling that nation's scorching heat wave , driving not only temperatures into triple digits but wall street, heating wall street up with a double dose of new records. s&p 500 and nasdaq hitting intra day all-time highs they are both on pace to close at records , you can see the dow is lagging, boeing is really taking much of the wind out of the dow sales at this hour, the stock is the biggest drag on the blue chips after the faa revealed

i love tesla's action, liz claman, over to you. liz: charles, thank you very much. i don't know, charles can you find of feel the chop as we head into the final hour of trade? charles: [laughter] i can feel it. liz: i know you can. down about 21 points we had been higher, the nasdaq trying to close out a second record session in a row, it's there, any gain will do it but the dow and the s&p starting to struggle just a bit here. a new survey revealing investor anxiety is starting to percolate we're about to show you investo- pedia's exclusive poll which also shows how to profit off inflation angst. did we hit bitcoin bottom? you can see it jumping $839. the original cryptocurrency giving investors heartburn yesterday, as it plunged below $30,000. does today's move higher leave losses in the rear view mirror? and what's up with the hot new token known as baby ether? the ceo of crypto exchange krack en is here at fox business exclusive with his assessment of what's really going on, and sports betters are singing oh, canada as our neighbor to the north green lights sing

liz claman, another final hour that looks pretty juicy. liz: i know. and it's like a horse us race, but the markets are moving in such a tight range, right, charles? we are looking right now, folks, while off the highs, we're looking at the s&p 500 trying to eke out its fourth straight record, the nasdaq looking at two records in a row. we to have the dow, let's call it a flatline here, still up about 6 points. the record rally comes as president joe biden has just in the past couple minutes made his pitch for trillions in infrastructure spending in wisconsin. talking a look at the lacrosse hybrid, he also checked out a road-paving project. we're going to take you straight to the badger state not only for a live report, but also we'll take a look at the stocks that could run higher on any kind of infrastructure spending. plus, we will speak with the man who convinced the world's biggest chipmaker to set up shop not in its home country, but in arizona. former state department official and docusign ceo keith crock is here exclusively on the semiconductor

liz claman, a lot going on as i hand it over to you. liz: well, yes, bouncing.oin. [laughter] we've got this breaking news, charles, the nasdaq cracking a new all-time high. can it close there in the next 59 minutes as fed chair jerome powell speaks before that house committee at this hour. powell not really saying too much with headlines, but he's basically saying the fed will not raise rates while unemployment is, quote, so high as senators quiz him on how long and how high inflation might

you know, liz claman, i wouldn't be surprised if the s&p turned positive during your last hour. th looking at the russel, but not the dow which is down 150. you know charles r wu just talking about amc, you can't beat a good meme stock down. the nasdaq trying to punch higher here by about 44 points, thanks not to mega cap nasdaq stars but to the fire in the belly of blackberry, game stop, and yes, amc. the so-called meme stocks burst ing into the final hour of trade here, amc entertainment, most of the sessions leading the charge, up at one point more than 15%,

liz claman, we're looking pretty good as we head into the last hour. liz: you know, it's the little things that make us so happy. [laughter] thank you very much. charles, have a great weekend. the nasdaq's best record run has been under pressure, but it's now back on track as we head into the final hour of trade on this friday. the s&p 500 putting a bull's eye on its second record close in a row as nike adds fuel to the fire for the dow. the market momentum an extension of yesterday's bipartisan infrastructure deal rally. the $1.2 trillion spending deal lighting up stocks from broadband to electric vehicles. coming up, the man in the driver's seat. a top ev charging station titan, charge point, telling us if the country's grid can handle the ev revolution. good question there. america's cruise industry setting sail for the first time since the start of the covid crisis, but will the waters be safe from the pandemic? carnival cruise's ceo is here on his plan to keep his passengers safe and what he is most excited about. plus, nba all star janice, will he

liz claman, a lot going on as i hand it over to you. liz: well, yes, bouncing. a little bit of a bounce for bitcoin. [laughter] we've got this breaking news, charles, the nasdaq cracking a new all-time high. can it close there in the next 59 minutes as fed chair jerome powell speaks before that house committee at this hour. powell not really saying too much with headlines, but he's basically saying the fed will not raise rates while unemployment is, quote, so high as senators quiz him on how long and how high inflation might go. we'll take you to capitol hill for the big news headlines when they come. and there's money in them thar hills. in a fox business exclusive, wall street's ipo is put in perspective. you may not realize this, there's 17 if i -- ipos this week. he's going to tell you exactly what kind of companies he's looking for. plus, keep on trucking if you can find the drivers. the post-pandemic supply chain getting greased by amazon prime day. we've got the ceo of old dominion freight line here in a fox business exclusive to tell us what's driving am

liz claman, over to you. >> thank you. liz: yes. and happy father's day to you too, charles. have to go back to january 27th to see a five-streak loss here. that's what we're seeing right now. dow on track for its fifth straight day of losses. the last time the blue chips endured that long a losing streak, yeah, back to january. but this time around you do have, let's show it on the screen, the s&p, the nasdaq and the russell 2000 all joining the pity party after what appears to be, at least to some, a

sort of a sideways day, although liz claman we are building a little bit of momentum i'm calling that the cp effect. liz: okay, i'll take it. absolutely, we do have to keep an eye on everything involving the nation's scorching heat wave , driving not only temperatures into triple digits but wall street, heating wall street up with a double dose of new records. s&p 500 and nasdaq hitting intra day all-time highs they are both on pace to close at records , you can see the dow is lagging, boeing is really taking much of the wind out of the dow sales at this hour, the stock is the biggest drag on the blue chips after the faa revealed serious worries about boeing's newest triple 7 x jet and refuses to certify it. we'll tell you why in a second, but also, as airlines anxiously await their orders on this jet, frontier has no worries. in a fox business exclusive, frontier airline ceo is here on why he only flies airbus jets. whether he ever plans to buy boeing and how his ultra low cost carrier has chartered a course to profitability, plus the newest addition to the russel 2000 is zooming hig

liz claman host of the claman countdown on fox business joins us tonight from new york with the latestgood evening, liz. >> good evening, pretty. you know, it was almost as if the stock market had a delayed reaction to what the federal reserve chairman said three days ago at his interest rate meeting news conference that was simply that inflation is sizzling hotter than an anticipated the federal reserve raised forecast from rising prices for inflation to 3.4%. then today, days later, st. louis fed president james bollard said as much in an interview this morning and added that spiking prices we have all seen lately would warrant an interest rate hike next year vs. the previously stated end of 2023, boom, stocks swooned. you just saw the numbers, bret. investors and traders had heard that very news wednesday from fed chairman powell. hearing it from an individual federal open market committee member, albeit a nonvoting one, spooked the horses. the dow and the s&p both closed at session lows, traders i was speaking with this afternoon say they expect this fear of rising inflation to con

liz claman, not a bad market as we go into the last hour of trading. liz: can you believe it, charles we're 59 minutes away from wav ing goodbye to the first half of 2021 everybody on this final trading day of the month, the quarter, and the first half, the s&p 500 ever so close to its fifth straight record close, and by the way, any gains for the nasdaq, we're not there right now, we're down 18 points though does mean a new all-time record close, as traders, investors and money managers rush to rotate out of the first half winners, and into the next big things, will work from anywhere stocks make the final cut or be left on the bench? slack already huddling up on the field ahead of its big combo with salesforce the ceo from the favorite work-from-home chat tool is here live on huddle, the new product, rolling out to take on teams, and zoom, and maybe even clubhouse, post- pandemic. we've got to talk about stocks going crazy at this hour, as the prospect of editing dna to eliminate deadly diseases gets closer to reality, and ceo at the helm of the newly

[laughter] liz claman, you're going to have a crazy, wild hour. lways puts a recipe at the bottom of his morning note -- charles: only thing is you can't make those things, liz, because you need all these exotic ingredients -- [laughter] i can't make those kenny recipes. liz: that's right. i don't make recipes, i make reservations. thanks, charles. [laughter] wall street kind of displaying a split personality as we head into this final hour of trade. the

you know, liz claman, i wouldn't be surprised if the s&p turned positive during your last hour. liz: okay, well, we'll see if that can happen. i'm fine with looking at the russel, but not the dow which is down 150. you know charles r wu just talking about amc, you can't beat a good meme stock down. the nasdaq trying to punch higher here by about 44 points, thanks not to mega cap nasdaq stars but to the fire in the belly of blackberry, game stop, and yes, amc. the so-called meme stocks burst ing into the final hour of trade here, amc entertainment, most of the sessions leading the charge, up at one point more than 15%, stampeding wall street short sellers once again. it comes as apple's tim cook, the ceo of one of the mega cap nasdaq names faces the worldwide developers conference for the first time since the fortnite creators took him to court over high app store fees. our power panel is here on the hot innovations just revealed but perhaps more importantly, whether those app developers are buying apple's message, and why can't the stock break out of its sideways trade? the grand

liz claman, we're looking pretty good as we head into the last hour. us so happy. [laughter] thank you very much. charles, have a great weekend. the nasdaq's best record run has been under pressure, but it's now back on track as we head into the final hour of trade on this friday. the s&p 500 putting a bull's eye on its second record close in a row as nike adds fuel to the fire for the dow. the market momentum an extension of yesterday's bipartisan infrastructure deal rally. the

folks we got the show the market was a little weak and i've got to tell you to land it over to liz clamanum into the last hour of trading. over to you, liz. liz: i've got to tell you something really quick, charles. honest stock all of those upgrades and all of those new calls on that stock, we're going to tell you who three of them came from, and this is something investors really need to know. we're going to reveal it because you've got to know this stuff. educated investor that's what charles and i love to do. meme stocks on the move this first trading day of june we do have green on the screen for the markets as the dow, s&p are sitting within points of new record highs. the nasdac having a very nice day up 19 points at the moment,

and, liz claman, you know, it's interesting because a healthy market in miami would have nine months'han two months and shrunken all the time. shrinking all the time. so, yes, whisper or pocket listings, as they are known, are growing in popularity. but there's no guarantee that it's going to work. las vegas les listen, it's like the -- liz: listen, it's like the hunger games down there. [laughter] i'm sure they love all the new w yorkers flooding down. [laughter] i know they don't. go back home, people. thank you, ashley. >> reporter: exactly. thanks, liz. liz: ashley webster. you got it. >>> a historic win for tesla sending shares of the electric vehicle giant to their highest level in nearly two months. we'll tell you what's super-charging the stock next. charlie gasparino has some scoop there. plus, the ore other star in elon musk's tech universe, oh, yeah, charlie breaks it on ipo chatter and if his latest tweet could put elon back on the sec's radar. closing bell, 28 minutes away. we are till seeing a pretty hot market market. we're slightly off session highs, but the s&p still

folks we got the show the market was a little weak and i've got to tell you to land it over to liz claman, we're building some momentum into the last hour of trading. over to you, liz. liz: i've got to tell you something really quick, charles. honest stock all of those upgrades and all of those new calls on that stock, we're going to tell you who three of them came from, and this is something investors really need to know. we're going to reveal it because you've got to know this stuff. educated investor that's what charles and i love to do. meme stocks on the move this first trading day of june we do have green on the screen for the markets as the dow, s&p are sitting within points of new record highs. the nasdac having a very nice day up 19 points at the moment, oil pitching a ride on the equity wagon, folks gushing to its highest price since 2018 this is the after market, $ 68 a barrel but this meme stock mania has amc shares going sky high and not just on stock screens but look at this picture. over the skies of south beach, where all of the wall streeters are moving and buying second

liz claman, over to you. liz: oh, boy, charles, breaking news, the markets have just now found the floor as jay powell strenuously pushes out the message that the focus is not rate increases but rather, asset purchases, which will remain in place and that there will be a highly accommodative stance for the federal reserve. this is an extraordinarily important meeting. we're going to go right back to washington d.c. to listen to what will be key comments from the federal reserve chair. let's go back to the presser. >> asset purchases are taking too many safe assets out of the

liz claman, over to you. liz: oh, boy, charles, breaking news, the markets have just now found the floor as jay powell strenuously pushes out the message that the focus is not rate increases but rather, asset purchases, which will remain in place and that there will be a highly accommodative stance for the federal reserve. this is an extraordinarily important meeting. we're going to go right back to washington d.c. to listen to what will be key comments from the federal reserve chair. let's go back to the presser. >> asset purchases are taking too many safe assets out of the market right now, and creating maybe some dislocations in the money-markets. >> so on the facility, we think it's doing its job. we think it's doing the reverse facility is doing what it's supposed to do, which is to provide a floor under money-market rates, and keep the federal funds rate well within its range, so we're not concerned with it. you have an unusual situation where the treasury general account is shrinking and bill supply is