Start to august. Yesterday, you were looking at the dow industrials, the dow transports, the s p, the russell 2,000, all closing at record highs. And the nasdaq was at a 13year high. Meantime, take a look at the tenyear. Yesterday, very interesting action here after all the strong economic numbers that we have been looking at. You saw the tenyear rising above 2. 72 , climbing again today to 2. 738 . What was interesting about that is while the yield was climbing, stocks were climbing too. People are looking at the good economic numbers and thinking, okay, maybe things are actually finally starting to turn. They kept coming, they kept it looked like a few i was wondering how the dow was going to finish as the tenyear. The tenyear yield was climbing through all of that. Same thing, trying to get that 38. Right. So many facebook shareholders waiting for that bad moment. As we mentioned, the data is coming after the markets closed at new all time highs. The dow was up 128 points yesterday,
The series how to navigate longterm care. That and more tonight on nightly Business Report for friday, august 2nd. Good evening everyone. American businesses werent hiring much in july. It was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four months, weve created 4. 2 part time jobs for every one fulltime job. That trend is not going in a good direction. That with the sequester and what you end up with is lower avera
The series how to navigate longterm care. That and more tonight on nightly Business Report for friday, august 2nd. Good evening everyone. American businesses werent hiring much in july. It was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four months, weve created 4. 2 part time jobs for every one fulltime job. That trend is not going in a good direction. That with the sequester and what you end up with is lower avera
Insurance wont cover your longterm care needs, what are the alternatives . Well tackle that as we wrap up the series how to navigate longterm care. That and more tonight on nightly Business Report for friday august 2nd. Good evening everyone. American businesses werent hiring much in july. It was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll and a downward division of 26,000 jobs from the government for the pref warehouse previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four months, weve created 4. 2 part time jobs for every one fulltime job. Th
Back the last time we hit the high was 2. 75. Americas unemployed back then 6. 7 million, now 13. 2 million. The size of the feds Balance Sheet back then less than a trillion, now it is over 3 trillion. We will be talking about all these things, how we are similar and dissimilar to last time we hit those highs. Down at the nyse. Lets talk about the 10 stocks hitting the 52week highs. It is great news, lots of champagne. Nicole really is exciting for all the people who saw the dow at 6500. Some cases alltime highs. Today is a record intraday high, a record closing high. A day that goes down in history. David it wasnt all roses for everybody, jcpenney down bigtimebigtime, other stocks, t generally speaking we are across the board making history today. The nasdaq could actually end up moving a lot closer. This is a recordbreaking day. October 9, 2007 was the last day we came close to this record. Back then 14,164. Right now as you can see we are well above that. Of course, couple of years