Microsoft buys nokias business but is it enough to give apple and google a run for their money . And banking on seize. Want to bank the Old Fashioned way with a tell. May cost you. We have that and more tonight on nightly Business Report for tuesday, september 3rd. Good evening and welcome everyone. Im susie gharib. Great to have you on the show, sue. Great to be with you susie. Im sue herrera in for tyler mathisen. Hes on vacation. The long Holiday Weekend is over and back to work on wall street for what promises to be a september to remember. Traders are preparing for a possible tapering of stimulus funds, a battle over the debt ceiling and a search for the new chairman and of course the crisis in syria. Today, traders were able to put that aside sending stocks higher focussing on corporate acquisitions and manufacturing and Construction Spending data. A triple gain in the doe fell after support for president s plans for a military strike against syria sending a chill down the concre
And if that is the case, we may be on the cusp of a correction. We havent had a 10 correction in a few years. So theres an argument to be made that the best is in if that the fed can no longer generate higher stock prices, the fundamentals certainly are not. Maybe we need to start reacting on the down side of that. Is the prudent thing to do to start take some profits, take some money off the table, go to cash, and if so what do you sell . The problem with the market right now is almost every asset class is expensive. And thats the case with most sectors of the stock market. Certainly thats what buff ex et said last week. Its been a great year. The market has acted different lit last four days. Raise some cash. It provides a buffer, some dry powder. Dont be afraid to have cash even though everyone says dont be in it. Its a place to be if the markets going to correct. All right. Thank you so much. Peter, its been great having you on the program. Good to see you, peter. Weve been talking
Celebrate the birth. That is why were covering this event and believe me, were on top of this. President obama is going to bring us a financial story. This week, hes going to plug or more spending. The big speech coming wednesday, help for manufacturing, help for housing, help for students, all will on a Campaign Style address on a college campus. In a moment well show you the president promoting the success of his economic policies. Varney company is about to begin. Weve completely integrated every step of the process, making it sier to try filters and strategies. To get a list of equity options. Evaluate them with our p l calculator. And execute faster with our more intuitive trade ticket. Im greg stevens, and i helped create fidelis options platform. Its one more innovative reason serious investors are choosing fidelity. Now get 200 free trades when you open an account. Whats at stake is whether this will be a country where working people can earn enough to raise a family, build a m
Resolve the issue around nuclear programs, that can serve as a major step down a long road towards a different relationship. Extending an olive branch. President obama pledges diplomacy with iran. But which markets could be impacted if sanctions against that country are lifted . And back to business, why big oil is making a big investment in the gulf of mexico three years after the bp oil spill. All that and more tonight on nightly Business Report for tuesday, september 24th. Good evening, everyone. Its now four down days for the dow and the s p 500. Investors still not feeling encouraged by stocks even after positive comments today from one of the most influential members of the Federal Reserve. Bill dudley, vicechairman of the fed and president of the new York Federal Reserve bank, says nothing has changed at the nations central bank that plans to taper back its bondbuying stimulus measures this year are still on the table. Listen to the words of bill dudley when asked if the fed cou
Way with a tell. May cost you. We have that and more tonight on nightly Business Report for tuesday, september 3rd. Good evening and welcome everyone. Im susie gharib. Great to have you on the show, sue. Great to be with you susie. Im sue herrera in for tyler mathisen. Hes on vacation. The long Holiday Weekend is over and back to work on wall street for what promises to be a september to remember. Traders are preparing for a possible tapering of stimulus funds, a battle over the debt ceiling and a search for the new chairman and of course the crisis in syria. Today, traders were able to put that aside sending stocks higher focussing on corporate acquisitions and manufacturing and Construction Spending data. A triple gain in the doe fell after support for president s plans for a military strike against syria sending a chill down the concrete canyons of lower manhattan. On the end the lower averages held on somewhat with the dow up and the nasdaq up 22 and the s p added six. The debate w