Welcome back. You need to know on
to news. I'm
let's get right to
live on the floor of the New York Stock Exchange. Good morning.
Good morning to you. We've got the
celebrating the opening bell here at the New York Stock Exchange Big IPO today
and over there at the NASDAQ and Times Square, beloved a rise, celebrating
the open.
So it's going to be a busy day down here on the floor of the New York Stock Exchange,
ipos companies going public
and you're taking a live look at the market that these companies are walking into.
So it looks like fractional gains across the board,
at least for the down the S and P 500.
The NASDAQ basically flat on the session all comes
as we are approaching the end of the week,
the end of the second quarter and at the end
of the first half of the year, still the NASDAQ on pace
its best first half to a year in 40 years. Coinciding with inflation
hitting its highest level recently in 48 years.
So inflation is still a problem,
but it is good news to finally see some of these companies come out of the gate
and actually tap these public markets bank stress test. Also
adding some certainty it looks like to the
stock market avoiding heavier losses this morning.