Market Recap 1/22/18
Jane King has the morning business report from the NASDAQ Marketsite in Times Square.
Jane says the Super Bowl’s economic impact ranges from $300 -$500 million. Super Bowl ads are reportedly almost sold out, topping $5 million for a 30-second spot.
USAA is giving military members interest free loans due to the government shutdown. USAA will e-mail eligible members with information on how to sign up.
The S&P 500 and NASDAQ reached record closes. A year to date, stocks are up about 5%.
Amazon has opened its checkout free grocery store today. Depending on how it’s perceived by shoppers, it could change grocery shopping forever.
Lastly, flight attendants are complaining about the size of bathrooms on American Airlines 737 planes, claiming the sinks are so small you can only wash one hand at a time. American Airlines expects to add 40 new 737 MAX planes to its fleet over the next couple of years.