Financial Focus May 18, 2020

Financial Focus May 18, 2020

In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

Gas prices are slowing increasing as states start to reopen amid the pandemic.

Bike sales are on the rise and have seen an increase of 50% since last year.

Financial Focus is sponsored by Clark County Credit Union.

Watch it weekdays on 13 Action News.

SP500 UP 90.AND GAMING...BOYD UP 11 PERCENT.CAESARS UP FOUR PERCENT, MGMUP TEN PERCENTLAS VEGAS SANDS UP 8 PERCENT.WYNN UP ALMOST FIVE PERCENT.RED ROCK RESORTS UP NINEPERCENT,GAS PRICES HAVE BEEN PRETTY LOWOVER THE PAST FEW WEEKS..BUT THEY ARE SLOWLY CLIMBING ASTHE ECONOMY BEGINS TO REOPEN..TRIPLE-A SAYS THEY'RE STILL LOWBECAUSE OF CRUDE OIL PRICES ..AND LOW DEMAND.A SPOKESPERSON SAYS SAYS CRUDEOIL IS TYPICALLY 50 TO 70DOLLARS A BARREL.RIGHT NOW, IT'S ABOUT 20.PRICES IN LAS VEGAS ARE RISINGSLOWLY.VALLEY BIKE SHOPS ARE SEEINGSALES RISING...AND...IT'S A TREND....FOR THE REST OF THE COUNTRY...BIKE SALES ARE UP -50-PERCENT....COMPARED TO THIS TIME...LAST YEAR.A STUDY FOUND...PEOPLE USE THEM.....TO AVOID PUBLIC TRANSPORTATION.BIKES ARE ALSO A GOOD WAY....TO EXCERCISE.TONIGHT'S FINANCIAL FOCUS ISBROUGHT TO YOU....BY "THE CLARK COUNTY CREDITUNION"..TREATING COVID-19.