Terrible Day to End the Work Week on Wall Street

Summary

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Fox News Hourly Update

Episode: Terrible Day to End the Work Week on Wall Street
Date: June 5, 2026
Host: FOX News Podcasts
Length: ~4 minutes

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Overview

This episode delivers a brisk, news-packed update with a particular focus on the most significant Wall Street downturn since October. Other headlines include President Trump’s remarks on economic volatility and Iran, election update frustrations in California, a missing persons search in Michigan, a double homicide story in Virginia, the murder of a character actor in Los Angeles, and a major deal reached by the actors union for improved AI protections.

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Key Discussion Points

1. Wall Street’s Worst Day Since October

• Market Crash Details:
  • Dow Jones fell 695 points
  • Nasdaq plunged 1122 points
  • S&P 500 down 200 points
  • Reason: Investor anxiety over interest rates
• Quote (President Trump)
  • [00:21] "Not happy in the old days, you know, if you had good job numbers like great job numbers like they announced today, the stock market goes up today. Everything is crazy. The whole world is crazy."
• Labor Market Update:
  • [00:33] Employers added 172,000 jobs in May
  • Unemployment rate steady at 4.3%

2. President Trump on Iran and Immigration Policy

• Iran Standoff:
  • [00:46] "One way or the other, the conflict will end—finish with a piece of paper or finish a more difficult way, although you could say a much easier way." — President Trump
  • Warned about Iran's potential for a "massive nuclear presence"
• Immigration Policy Reversal:
  • Federal judge struck down Trump administration’s post–National Guard shooting restriction
    • Policy had cut green cards, work permits, asylum claims, and citizenship applications from 39 countries

3. California Election Frustrations

• Ongoing Vote Counting:
  • [01:21] Steve Hilton, GOP candidate:
    • "They don't have the respect for the people of California to get on with it and get this done in a timely manner." [01:27]
  • Tight race between Hilton and Democratic candidates Javier Becerra and Tom Steyer
  • LA mayoral race: Incumbent Karen Bass advances; Spencer Pratt’s lead over Nithya Raman narrows
  • [01:48] About 80% of state votes are by mail; ballots counted as long as postmarked by Election Day

4. Search for Missing Michigan Teen

• Noah Winters Disappearance:
  • 17-year-old left home at 1 am, May 14, got into a black Jeep Compass
  • Hours later, his mother received texts claiming her son was dead and his body left in a vacant Detroit home
  • [02:26] Patricia Johnson (his mother): "How in the world do you send a mother a message saying that her child is deceased and you can't tell them where he is?"
  • Police have located the Jeep, are searching multiple locations, and working to identify those responsible

5. Virginia Double Murder / Los Angeles Actor’s Murder

• Virginia Case:
  • Life sentence for a man who, while having an affair with the family's au pair, murdered his wife and lured a fall guy
• J. James Handy Murder:
  • [03:06] LAPD responded to call: "I am the son of man. I just killed the man of sin."
  • Police found Handy with multiple stab wounds; he was pronounced dead at hospital
  • 44-year-old Michael Gledhill (girlfriend's son) arrested for murder

6. Actors Union Approves Contract

• Deal with Studios and Streamers:
  • [03:39] Four-year contract includes new AI protections
  • Patterned after recent Writers Guild agreement
  • Intended to create extra stability in the industry

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Notable Quotes & Memorable Moments

• On Economy:

  • President Trump: "Everything is crazy. The whole world is crazy." [00:25]

• On Receiving Disturbing News:

  • Patricia Johnson: "How in the world do you send a mother a message saying that her child is deceased and you can't tell them where he is?" [02:26]

• Election Frustration:

  • Steve Hilton: "They don't have the respect for the people of California to get on with it and get this done in a timely manner." [01:27]

• Chilling 911 Call:

  • Reported to police: "I am the son of man. I just killed the man of sin." [03:10]

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Important Timestamps

• [00:02] – Market crash and job numbers
• [00:21] – President Trump reacts
• [00:33] – Labor stats / Iran comments
• [00:52] – Immigration policy ruling
• [01:21] – California election update (Steve Hilton, vote count process)
• [02:04] – Missing Michigan teen (Noah Winters)
• [02:44] – Virginia affair/murder and LA actor’s murder
• [03:39] – Actors union contract with AI protections

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Tone and Style

The episode moves at a brisk pace, alternating between sober updates on breaking news and direct quotes that highlight frustration, fear, or intensity—consistent with FOX News’ rapid-fire, no-nonsense radio tone. No commentary or editorializing, focus is strictly on relaying news events and notable primary-source statements.

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Transcript

[Lisa Licera]

Wall street with its worst day since October. Heimlich, Sarah, FOX news the Dow lost 695. The Nasdaq sunk 1122 points. The S&P minus 200 points. Anxiety over interest rates driving the sell off. President Trump speaking at a roundtable for farmers in Wisconsin.

[President Donald Trump]

Not happy in the old days, you know, if you had good job numbers like great job numbers like they announced today, the stock market goes up today. Everything is crazy. The whole world is crazy.

[Lisa Licera]

The Labor Department reports employers added a surprising 172,000 jobs in May. The unemployment rate stayed at a low 4.3%. On Iran, the president again said one way or the other, the conflict will

[President Donald Trump]

end the finish with a piece of paper or finish a more difficult way, although you could say a much easier way.

[Lisa Licera]

The president saying Iran was going to have a massive nuclear presence and we couldn't let that happen. A federal judge has struck down a Trump administration policy to limit immigrants from entering the U.S. the policy put in place after two members of the National Guard were shot last year in Washington, D.C. the policy cut the number of green cards, work permits, asylum claims and citizenship applications for immigrants from 39 countries. Votes still being counted in the California governor and Los Angeles mayors races.

[Steve Hilton]

GOP California gubernatorial candidate Steve Hilton, frustrated over the time it takes to count mail in ballots.

[Steve Hilton (continued)]

They don't have the respect for the people of California to get on with it and get this done in a timely manner.

[Steve Hilton]

He still appears to be in a tight race with Democratic candidates Javier Becerra and Tom Steyer. While incumbent LA Mayor Karen Bass has advanced, it's unclear who she'll face as former Reality star Spencer Pratt's lead over City Councilwoman Nithya Raman appears to have narrowed.

[Lisa Licera]

Fox's Kristen Goodwin, the California secretary of state's Office, says about 80% of the state's vote by mail and ballots are counted as long as they're postmarked by Election Day. America's listening to Fox News. A frantic search continues in Michigan for a missing teen.

[Jeff Manasso]

Police in Detroit and East Point, Michigan, have launched an extensive investigation into the disappearance of 17 year old Noah Winters, who left home around 1am May 14 and got into a black Jeep Compass. Hours later, his mother received messages claiming her son was dead, that his body had been left inside a vacant home in Detroit. Patricia Johnson is now begging for help.

[Patricia Johnson]

How in the world do you send a mother a message saying that her child is deceased and you can't tell them where he is?

[Jeff Manasso]

Investigators say they've located the Jeep and searched multiple locations as they also work to identify people responsible. Jeff Manasso, FOX News.

[Lisa Licera]

Life in prison for a Virginia man who was having an affair with the family's Brazilian au pair for the murder of his wife. And a man who was lured to the couple's home as a fall guy. Brendan Banfield claimed he shot Joseph Ryan after he came across Ryan attacking his wife. On the morning of February 24, 2023, character actor J. James Handy has been murdered at his home in Los Angeles.

[Michelle Paulino]

The Los Angeles police telling the California Post that Handy was allegedly killed by his girlfriend's son. Cops saying they responded to the actor's home in Tarzana after receiving a call in which the person stated, I am the son of man. I just killed the man of sin. When they arrived, cops discovered Handy unconscious in the front yard of a home suffering from multiple stab wounds to the chest. Police said he was rushed to a hospital and pronounced dead there, 44 year old Michael Gledhill arrested and charged with murder. Michelle Paulino, FOX News the actors union

[Lisa Licera]

has approved a four year contract with studios and streaming services that includes extra protections against AI the new deal, like one recently reached by the Writers Guild is for four years instead of the usual three, providing extra stability in the industry. I'm Lisa Licera.

[Sarah Heimlich]

This is FOX News.