3:00 PM Flash: S&P Hits Fresh Highs as Short Sellers Pocket $2.3 Billion on Gambling Stocks

3:00 PM Flash: This is your two o'clock market update. The S&P five hundred just climbed to seventy four seventy three, up forty point five points, or zero point five four percent. Gold is trading at four thousand five hundred forty seven dollars. Crude oil sits at ninety eight dollars a barrel. Bitcoin is currently at seventy four thousand six hundred eighty three dollars. Wall Street is riding momentum this afternoon after fresh financial reforms were announced that are set to deliver a one point six billion pound boost to the City of London. In a separate move, short sellers have cashed in more than two point three billion dollars betting against gambling companies, adding to the cautious tone beneath the rally. In other news, entrepreneur who turned one hundred thousand dollars into a billion dollar empire by backing so called unglamorous businesses is making headlines with his refreshingly simple mantra for success. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.