Full Transcript Below:
I’m J.D. Durkin - reporting from the New York Stock Exchange.
Markets once again finishing the trading session with a loss as the Dow, Nasdaq, and S&P all ending in the red today. Stocks tumbled after the 10-year treasury yield crossed 5 percent for the first time since 2007.
The earnings parade continues next week - and it will be a big one. In the tech sector - Alphabet, Meta, Microsoft, and Amazon are all set to report, as are other big names like Boeing, General Motors, Coca-Cola and UPS.
And the price of oil continues to rise as fears increase about an escalation in the war between Israel and Hamas. Brent crude was up almost a full percent today, bringing the cost of a barrel to $93.08.
In other news - if you’re into cars and love a good pizza, this story is most definitely for you. An experimental Domino’s delivery vehicle from the 1980’s is headed to auction. Mecum Auctions is putting the Tritan A2 up for grabs.
The car, which is only one of 10 in existence, was commissioned by Domino’s founder Tim Monaghan in 1985 in an attempt to create an “economical delivery vehicle.” The car comes with a 440-cc rotary engine and gets about 80 miles to the gallon. However, the warming oven that once occupied the back has been replaced with an extra seat.
But if you have visions of cruising down the highway in your new toy, you might want to pump the breaks. Its current owner told CNN that the car has poor visibility and doesn’t handle potholes well because its so low to the ground. The Tritan A2 also won’t come cheap. The last one to be sold went for almost $45,000.
You can own this experimental Domino’s delivery car from 1985
TheStreet’s J.D. Durkin brings you the biggest news of the day, including another session in the red for stocks and a rare Domino’s delivery car up for grabs.
