and rampage at the navy yard. at least 13 are dead in a mass shooting at a federal installation blocks from the capitol and the white house. this is nightly business report for monday, september 16th. good evening, everyone. i m tyler mathisen. and i m sue herrera in for susie gharib. stocks rallied today on news that former treasury secretary larry summers dropped out of the race to be the next chairman of the federal reserve. saying his confirmation process would likely be acrimonious and it wouldn t serve the interests of the fed or the economy. we ll talk more about summers decision and what s next for the fed in a moment. for today with summers out of contention traders believe the easy money policies will continue in the post-bernanke era so the dow saw another triple-digit gain despite concerns about a horrific shooting alt a navy facility in washington, d.c. the dow closing well off the highs of the session but it s still added 118 points. the s&p was up 9. b
i m tyler mathisen. and i m sue herrera in for susie gharib. stocks rallied today on news that former treasury secretary larry summers dropped out of the race to be the next chairman of the federal reserve. saying his confirmation process would likely be acrimonious and it wouldn t serve the interests of the fed or the economy. we ll talk more about summers decision and what s next for the fed in a moment. for today with summers out of contention traders believe the easy money policies will continue in the post-bernanke era so the dow saw another triple-digit gain despite concerns about a horrific shooting alt a navy facility in washington, d.c. the dow closing well off the highs of the session but it s still added 118 points. the s&p was up 9. but the nasdaq ended down 4 points hurt by shares of apple which declined 3% on news that china telecom was cutting back on sub ski dis for the iphone. even before lawrence summers bowed out of the running to lead the federal re
i m tyler mathisen. and i m sue herrera in for susie gharib. stocks rallied today on news that former treasury secretary larry summers dropped out of the race to be the next chairman of the federal reserve. saying his confirmation process would likely be acrimonious and it wouldn t serve the interests of the fed or the economy. we ll talk more about summers decision and what s next for the fed in a moment. for today with summers out of contention traders believe the easy money policies will continue in the post-bernanke era so the dow saw another triple-digit gain despite concerns about a horrific shooting alt a navy facility in washington, d.c. the dow closing well off the highs of the session but it s still added 118 points. the s&p was up 9. but the nasdaq ended down 4 points hurt by shares of apple which declined 3% on news that china telecom was cutting back on sub ski dis for the iphone. even before lawrence summers bowed out of the running to lead the federal re
shooting at a federal installation blocks from the capitol and the white house. this is nightly business report for monday, september 16th. good evening, everyone. i m tyler mathisen. and i m sue herrera in for susie gharib. stocks rallied today on news that former treasury secretary larry summers dropped out of the race to be the next chairman of the federal reserve. saying his confirmation process would likely be acrimonious and it wouldn t serve the interests of the fed or the economy. we ll talk more about summers decision and what s next for the fed in a moment. for today with summers out of contention traders believe the easy money policies will continue in the post-bernanke era so the dow saw another triple-digit gain despite concerns about a horrific shooting alt a navy facility in washington, d.c. the dow closing well off the highs of the session but it s still added 118 points. the s&p was up 9. but the nasdaq ended down 4 points hurt by shares of apple which
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