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Wall Street Breakfast

Wall Street Breakfast May 23: U.S. Monkeypox Cases Likely to Rise

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 23 May 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

U.S. Monkeypox cases likely to rise. Institutional buyers boosted market share in hot housing market: NAR study. Streaming tags new record high in Nielsen TV share measure. Catch today’s WSB article here.

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis.

0:06.8

Subscribe to this podcast on Apple Podcast, Spotify or Stitcher.

0:11.1

Good morning. Today is Monday, May 23rd and I'm your host Julie Morgan.

0:15.3

Our top stories, Monkey Pocks, real estate and streaming.

0:19.5

The World Health Organization has been updating Monkey Box numbers, how many cases

0:24.0

confirmed, and how many suspected. Institutional buyers account for what

0:28.3

percentage of home sales and where are they scooping up the highest number of

0:32.3

homes. And streaming numbers for the month of where are they scooping up the highest number of homes?

0:33.2

And streaming numbers for the month of April are in.

0:36.2

Does Netflix still reigns supreme?

0:39.5

First, let's take a look at how the market ended last week.

0:42.4

The Dow Jones closed up 9 at 31,000. Let's take a look at how the market ended last week.

0:42.5

The Dow Jones closed up 9 at 3.22, the S&P 500 was up a tiny fraction to close at 3,901 and the

0:50.7

NASDAQ down 34 at 11,355.

0:55.0

Now on to our Day Watch, the top gainers,

0:58.0

Saba Capital Income and Opportunities up 99%,

1:01.0

Sigma Technologies 43%, Beach Body Company gained 27%

1:06.7

to Naya Therapeutics 18% and Fogg Horn therapeutics up 18%.

1:12.7

The top losers, Bright Green Corp down 28%,

1:16.4

Milacom International Cellular S. A.

1:19.1

23%.

1:20.3

Ross stores lost 22%. Polarity T.E. 18% and forge global holdings down 15%.

...

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