Performing stocks warn of euphoria. We have and and more for tuesday october 2 2nd. Bad or lackluster news was greeted as good news wall street. The s p 500 setting yet another alltime closing high, despite a disappointmenting september jobs report. Thats because investors see those employment numbers as not Strong Enough to force the Federal Reserve to interrupt its Bond Buying Program or weak enough to suggest economic gloom and doom. In short, what used to be call add gold did lock scenario once upon a time. Of course, the story didnt end too well forgold did, bears alive. Today it was nice poor rage. The dow added 76 and a onemonth high and the nasdaq touching another 13year adding nine points on the day and the s p 500 was up ten to finish at a new record close for the fuourt consecutive session. The september jobs report was a big disappointment. It came 18 days late because of the shutdown and the news was lousy. American businesses added only 148,000 jobs, that was much less th
Performing stocks warn of euphoria. We have and and more for tuesday october 2 2nd. Bad or lackluster news was greeted as good news wall street. The s p 500 setting yet another alltime closing high, despite a disappointmenting september jobs report. Thats because investors see those employment numbers as not Strong Enough to force the Federal Reserve to interrupt its Bond Buying Program or weak enough to suggest economic gloom and doom. In short, what used to be call add gold did lock scenario once upon a time. Of course, the story didnt end too well forgold did, bears alive. Today it was nice poor rage. The dow added 76 and a onemonth high and the nasdaq touching another 13year adding nine points on the day and the s p 500 was up ten to finish at a new record close for the fuourt consecutive session. The september jobs report was a big disappointment. It came 18 days late because of the shutdown and the news was lousy. American businesses added only 148,000 jobs, that was much less th
All that and more on nightly ataj repor may 20th. ataj repor good evening, everybody. Im bill griffith. Im suzy. Good evening for me as well. We begin with the bears coming back to wall street today. Stocks fell sharply after comments from two top Federal Reserve officials. The president s of the new york Federal Reserve and the Philadelphia Fed gave conflicting speeches on when Interest Rates would go up. Investors got the jitters after the charles swass esh says a stronger u. S. Economy means policy makers might decide to hike Interest Rates sooner rather than later. Even before foster said that, stocks were already in the red, following a round of disappointing earnings and outlooks from some top retailers, which is fueling concerns that the American Consumer is just tapped out. Heres how things looked at the closing bell. The nasdaq down 29. The s p lost 12 points. Also weighing on the bluechip average caterpillar has tumbled almost 4 after reporting a decline in retail machine sal
United states. All that and more on nightly ataj repor may 20th. ataj repor good evening, everybody. Im bill griffith. Im suzy. Elod evening for me as well. We begin with the bears coming back to wall street today. Stocks fell sharply after comments from two top Federal Reserve officials. The president s of the new york Federal Reserve and the Philadelphia Fed gave conflicting speeches on when Interest Rates would go up. Investors got the jitters after the charles swass esh says a stronger u. S. Economy means policy makers might decide to hike Interest Rates sooner rather than later. Even before foster said that, stocks were already in the red, following a round of disappointing earnings and outlooks from some top retailers, which is fueling concerns that the American Consumer is just tapped out. Heres how things looked at the closing bell. The nasdaq down 29. The s p lost 12 points. Also weighing on the bluechip average caterpillar has tumbled almost 4 after reporting a decline in ret
What theyre doing to reconnect with consumers, all that and more tonight on nightly Business Report for tuesday october 21st. Good evening, everybody, and welcome, remember last weeks big selloff when everyone wondered when the bull market croaked . Well, neither do we, upbeat news, news that the European Central bank may buy up Corporate Bonds to boost the struggling economy. You have gains for the spe 500 and the nasdaq, seeing gains on apple and other technology shares, here is how things looked when the closing bells were rung, dow raced up 215 points, Third Straight day of gains pack in positive territory for the year, nasdaq up 3 , a 2. 5 jump on the session, s p 500, up 37, its biggest oneday gain all year long. Bob pasani has more on todays Market Action on the floor of the new york stock exchange. Stocks rallied big behind the highs, why the meltup, several reasons, first, traders believe the fed will be dovish during the week next week, second, apple stabilized causing concer