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Plus: S&P 500, Nasdaq finish at record levels. Goldman Sachs shares hit new high. Corning shares add to yesterday’s gains. J.R. Whalen reports.
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Plus: Federal Reserve Chair Jerome Powell said he is keeping his options open regarding a timeline for interest-rate cuts. Lucid and Fisker issue recalls for thousands of recently manufactured electric vehicles. J.R. Whalen reports.
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Plus: a new European rocket is set to launch into space today in a bid to reduce the bloc’s reliance on Elon Musk and SpaceX. And, Johns Hopkins University offers free tuition to medical students. Kate Bullivant hosts.
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Plus: Corning shares rise after the company raised its financial outlook. Nike shares continue to fall following last month’s disappointing earnings report. J.R. Whalen reports.
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Plus: Hurricane Beryl has knocked out power to more than one million people in the Houston area. A Russian missile attack on a children’s hospital in Ukraine killed at least 30 people. J.R. Whalen reports.
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Plus: Several prominent House Democrats join calls for President Biden to exit the 2024 race. And, Boeing agrees to plead guilty in the 737 MAX criminal case. Kate Bullivant hosts.
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Plus: Amazon shares rise following a WSJ report that it will have a minority stake in a new Saks-Neiman Marcus luxury retail company. Bitcoin dips below $54,000 after bankrupt crypto exchange Mt. Gox says it has begun repaying creditors. J.R. Whalen reports.
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Plus: Chase Bank warns that new government regulations could result in customers being charged for checking accounts and wealth-management tools. Cease-fire talks between Israel and Hamas are suddenly expected to resume today in Qatar. J.R. Whalen reports.
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Plus: President Biden’s campaign plans an advertising blitz to try to turn back a tide of doubts about his candidacy. And, Saks Fifth Avenue’s parent company scoops up rival Neiman Marcus. Luke Vargas hosts.
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Plus: Paramount Global shares climb after Skydance Media reaches a preliminary agreement to merge with National Amusements. Constellation Brands shares fall after the alcohol maker reports lower-than-expected revenue. J.R. Whalen reports.
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