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Markets may have been closed yesterday for the Fourth of July, but stocks (^DJI, ^IXIC, ^GSPC) are looking reinvigorated at the end of July's first trading week. Josh Lipton and Jared Blikre are here to guide investors through the final trading hour of July 5 in today's installment of Market Domination.
The program welcomes on tastylive CEO Tom Sosnoff, who ponders whether the current meme stock trade can sustain itself or if it will fade back again like in 2021.
Oppenheimer chief investment strategist John Stoltzfus discusses how the Federal Reserve may be interpreting June's jobs data in relation to economic fortitude and its monetary policy.
Other top trending stocks include Boeing (BA), as reports indicate Justice Department officials could be prepping to charge the airline manufacturer with fraud; Big Lots (BIG) is closing more US store locations; and bitcoin (BTC-USD) takes a hit lower after defunct crypto exchange Mt. Gox begins repaying customers.
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This post was written by Luke Carberry Mogan.