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Financial Focus for July 9, 2020

Video Credit: KTNV Channel 13 Las Vegas - Duration: 01:21s - Published
Financial Focus for July 9, 2020

Financial Focus for July 9, 2020

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

A new survey from Bankrate says 49% of households have been financially impacted by COVID-19 pandemic.

1.3 million people have filed for unemployment insurance.

Financial Focus is sponsored by Clark County Credit Union.

Watch it weekdays on 13 Action News.

DOW DOWN 1% NASDAQ UPSLIGHTLY SP500 DOWN SLIGHTLYAND GAMING...BOYD DOWN CLOSE TO 1% CAESARSUP 1% MGM DOWN CLOSE TO 2%LAS VEGAS SANDS DOWN 2% WYNNDOWN 4% RED ROCK RESORTS DOWNMORE THAN 3%IN TONIGHT'S FINANCIAL FOCUS..NEARLY HALF OF FAMILIES IN THEU- S...HAVE SEEN A CUT IN THEIR INCOMEDUE TO JOB-LOSS.....SINCE THE COROANVIRUS BEGAN.ACCORDING TO A NEW SURVEY FROMFINANCIAL SITE...BANKRATE...-49- PERCENT....OF HOUSEHOLDS HAVE BEENIMPACTED BY LAYOFFS....FURLOUGHS....OR A REDUCTION....IN HOURS.BUT...ON A GOOD NOTE...NEARLY THE SAME AMOUNT OFPEOPLE SAID...THEY ARE OPTIMISTIC....THEIR INCOME WILL RETURN....WITH-IN SIX MONTHS.MEANWHILE...ANOTHER "ONE-POINT-THREE"MILLION PEOPLE FILED FORUNEMPLOYMENT INSURANCE LASTWEEKTHAT'S THE LATEST INFORMATIONFROM THE U-S LABOR DEPARTMENT.THE OFFICIAL UNEMPLOYMENT RATEIN JUNE...WAS "ELEVEN-POINT-ONE"PERCENT...BUT ECONOMISTS SAY...THAT NUMBER MAY NOT INCLUDEBUSINESSES THAT CLOSED DOWN ASECOND TIME.UNEMPLOYMENT CLAIMS ARELEVELLING OFF...BUT ARE STILL AT HISTORICALLYHIGH LEVELS.TONIGHT'S FINANCIAL FOCUS ISBROUGHT TO YOU BY "CLARK COUNTYCREDIT UNION"..AND WE ARE JUST MINUTES AWAY...FROM AN UPDATE FROM GOVERNORSISOLAK.THAT'S EXPECTED TO START AT




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