What are the top market headlines this morning?

The Dow Jones Industrial Average and the S&P 500 enjoyed fresh records again yesterday, bringing both benchmarks up for the week so far. The Nasdaq Composite, on the other hand, is down 0.1% for the week, even after logging gains yesterday. 

Futures rose slightly, indicating a positive open this morning. 

Meanwhile, Disney reported sunny quarterly earnings, boosting premarket trading this morning over 5%. 

And the Food and Drug Administration has officially offered its stamp of approval for a booster shot targeted at Americans whose immune systems are compromised. 

What other headlines should you be aware of this morning, that have potential to impact the market?

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Six people are dead (suspect included) in this UK shooting

Six people are dead following a shooting in southwest England overnight, authorities say.

According to police, a “serious firearms incident” call came in somewhere around 6 p.m.

Four people had been shot and were pronounced dead on the scene. Police shared that the victims included two men and two women, but have not yet released their identities. A third woman was hospitalized before she died. 

The suspected shooter was also pronounced dead on the scene, though authorities have not shared his cause of death yet. 

“There have been a number of fatalities at the scene and several other casualties are receiving treatment,” officials said. “A critical incident has been declared. The area has been cordoned off and police believe the situation is contained.”

Do authorities suspect the incident is terror related?

This is a developing story.

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Why Lt. Gov. Kathy Hochul will likely reveal the hidden nursing home data

After the embattled New York governor announced his resignation earlier this week, his successor hinted that she would release more nursing home data that had been hidden under Andrew Cuomo’s reign. 

As you remember, Cuomo had ordered more than 9,000 coronavirus patients to stay in nursing homes across the state, and then he lied about the deaths resulting from his poor judgment. He reported a whopping 8,500 deaths, but that number was actually closer to 15,000. 

“Will you release the nursing home data? The nursing home data, in the alleged coverup – will you release it?” a reporter asked Lt. Gov. Kathy Hochul during her press conference.

How did she respond?

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This woman is arrested for stealing over $800 of fajita and steak

Two women with a craving for fajitas stole more than $800 worth of ingredients from a grocery store recently. On Monday, one of the suspects, 33-year-old Brenda Johana Ruiz, was arrested. A warrant is out for 24-year-old Erika Rene Lopez. 

H-E-B security camera footage showed the duo entering the grocer and hiding several meat packages in their purse. They then returned for 25 steaks and more fajita packages. 

All in all, their bill, had they paid, would have been a hefty $833.30.

I can’t help but wonder why they wanted so many steaks. What are your thoughts?

And what are the consequences of a steak-stealing-spree, anyhow?

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What are the top market headlines this morning?

Stock futures were relatively muted this morning after both the Dow Jones Industrial Average and the S&P 500 set fresh records yesterday. Investors were digesting yesterday’s consumer price index report, and anticipating the release of today’s wholesale prices data out today. 

The Labor Department will release the latest look at jobless claims this morning. A strong read on this front, coupled with a better-than-expected PPI report, could motivate the Federal Reserve to begin tapering talks sooner than expected. 

“I say give [Federal Reserve Chairman] Jay Powell the benefit of the doubt,” said Jim Cramer of CNBC. “He’s been right as rain since the pandemic started. His critics have been dead wrong for ages. Powell’s been adamant that we need to wait and see what happens with the Delta variant before he starts raising rates or even tapering.”

What else should you have on your radar this morning?

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A woman stormed off from a wedding to be eaten alive by bears

A Russian woman may have been eaten alive by a pack of bears after angrily leaving a wedding last month, officials say.

The 24-year-old woman, Yana Balobanova, apparently called to report that she was lost in the woods. 

Rescue dogs were deployed to try and find her, but at some point, her scent was overtaken by that of bears, experts said. The animal’s footprints were spotted nearby.

Apparently, an argument with another guest prompted her early departure from the party.

“It is no longer possible to hope that the woman will be found alive,” one official said. “If a person accidentally finds themselves between a bear and her cubs, the predator can attack immediately and harshly, without growls and warnings.” 

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And now Senator Rand Paul was just suspended from YouTube

YouTube booted Senator Rand Paul from its platform for a week after he posted a video about mask inefficiency on his channel. The ban comes on the heels of Representative Majorie Taylor Greene’s Twitter suspension, which I reported on in the morning edition of Morning Bullets

“They are now banning all my speech, including speech that is given on the Senate floor, which is protected [by the constitution],” he said. “YouTube now thanks they are smart enough and godly enough that they can oversee speech, even constitutionally protected speech.” 

A YouTube spokesperson defended the move, claiming that they have somehow been consistent in their hand-slapping. 

But they aren’t fooling anyone, especially not Paul. He took his frustration to Twitter, explaining where his followers could find the deleted video, elsewhere, for themselves.

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This Cleveland man marries the sister of the man he is accused of killing

An Ohio man on house arrest just married the sister of the person he was already convicted of killing. John Tiedjen served 32 years for murdering Brian McGary, but new evidence prompted the judge to toss out the ruling and allow for another trial. 

While Tiedjen was out on bond, he married McGary’s sister, Crystal Straus (now, Crystal Tiedjen).

Apparently, Crystal believes her brother committed suicide, and she believes in her new husband’s innocence.

“With all my heart, I love her,” said John Tiedjen. “There is nobody else I think about, and I want to be with her my whole life. And I wrote her a letter back and I said I didn’t do it, take a look at this stuff. I believe in God too, and I know things about it, but I didn’t do it.”

John’s defense attorney officiated the ceremony. What’s next for the couple?

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New York Governor Andrew Cuomo has resigned amid his sex scandal

It has been a week since New York Attorney General Letitia James issued her 165-page report concluding that the state’s governor had sexually harassed 11 women. Yesterday, Andrew Cuomo finally agreed to step down, after months of refusing to do so. The allegations about his behavior first surfaced five months ago.

Just moments before his official announcement, his lawyer issued a statement, maintaining his innocence. 

“In my mind, I have never crossed the line with anyone,” he’d said. “But I didn’t realize the extent to which the line has been redrawn.”

The move means that the Empire State gets its first woman governor. 

Next in line is Lt. Gov. Kathy Hochul, who said: “I agree with Governor Cuomo’s decision to step down. It is the right thing to do and in the best interest of New Yorkers.” 

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Why did Twitter just suspend Marjorie Taylor Greene’s account… again?

Representative Marjorie Taylor Greene has been suspended from her Twitter account yet again, officials say. This time, the site is saying that she is spreading misleading information about the vaccine, claiming that the shots don’t work in curbing the virus. 

Her account is still active, but she won’t be able to do anything other than read other users’ tweets for the time being. 

“If it seems like an otherwise healthy account is in the middle of an abusive episode, we might temporarily make their account read-only, limiting their ability to Tweet, Retweet, or Like content until calmer heads prevail. The person can read their timelines and will only be able to send Direct Messages to their followers,” Twitter officials say.

How long will Greene be stuck in this latest time out? And what do you think of this Twitter policy? 

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