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Transcripts For KQED Nightly Business Report 20240622

Plummeting more than 500 points today is now down more than 10 from its recent high. And its not alone. The tech heavy nasdaq and the small cap russell 2000 index have also fallen that same amount. The reasons for the selling, which weve been seeing all week, boil down to three things, china, the Federal Reserve and oil. But today the losses intensified. By the close the blue chip dow index tumbled 530 points to 16,459 on very heavy volume. Nasdaq shed 171 points or 3. 5 . And the s p 500 lost 64. For the week all three major indices were off more than 5 with the nasdaq losing the most. According to s p issues within the s p 500 index lost more than 1 trillion in market value this week. And as stocks fell, so did bond yields. The tenyear now hovering just above 2 . Bob pisani takes a look at the mood on the street and what investors may be in for next week. Reporter what a day and what a week. The s p 500 fell more than 5 , this is the worst week since september 2011. There was no imme

Transcripts For KQED Nightly Business Report 20240622

Plummeting more than 500 points today is now down more than 10 from its recent high. And its not alone. The tech heavy nasdaq and the small cap russell 2000 index have also fallen that same amount. The reasons for the selling, which weve been seeing all week, boil down to three things, china, the Federal Reserve and oil. But today the losses intensified. By the close the blue chip dow index tumbled 530 points to 16,459 on very heavy volume. Nasdaq shed 171 points or 3. 5 . And the s p 500 lost 64. For the week all three major indices were off more than 5 with the nasdaq losing the most. According to s p issues within the s p 500 index lost more than 1 trillion in market value this week. And as stocks fell, so did bond yields. The tenyear now hovering just above 2 . Bob pisani takes a look at the mood on the street and what investors may be in for next week. Reporter what a day and what a week. The s p 500 fell more than 5 , this is the worst week since september 2011. There was no imme

Transcripts For KQEH Nightly Business Report 20240622

Plummeting more than 500 points today is now down more than 10 from its recent high. And its not alone. The tech heavy nasdaq and the small cap russell 2000 index have also fallen that same amount. The reasons for the selling, which weve been seeing all week, boil down to three things, china, the Federal Reserve and oil. But today the losses intensified. By the close the blue chip dow index tumbled 530 points to 16,459 on very heavy volume. Nasdaq shed 171 points or 3. 5 . And the s p 500 lost 64. For the week all three major indices were off more than 5 with the nasdaq losing the most. According to s p issues within the s p 500 index lost more than 1 trillion in market value this week. And as stocks fell, so did bond yields. The tenyear now hovering just above 2 . Bob pisani takes a look at the mood on the street and what investors may be in for next week. Reporter what a day and what a week. The s p 500 fell more than 5 , this is the worst week since september 2011. There was no imme

Transcripts For KQED Nightly Business Report 20150110

Oil slid again. The december jobs report was generally positive but some traders focus on weak wage growth. Meanwhile, investors couldnt help but watch nervously as the three day terror rampage in france came to a deadly end. Four hostages and three terrorists killed in two locations as french authorities moved in. One suspect remains at large. Heres how the markets looked at the close. The dow fell 170 points. Nasdaq lower by 32 and s p off by 17 points. For the week all three indexes were down by about a half percent. More on that december to remember jobs report. A more than forecasted 250,000 jobs were added last month and the nations jobless rate ticked down two notches to 5. 6 the lowest in more than six years. But the report wasnt all positive. Hampton pearson takes a closer look. Reporter 2014 was the best year for hiring in 15 years. More than 2. 9 million americans have found jobs in the last 12 months. The Unemployment Rate is at a six year low but wages now at about 24 an h

Transcripts For KQED Nightly Business Report 20150110

The december jobs report was generally positive but some traders focus on weak wage growth. Meanwhile, investors couldnt help but watch nervously as the three day terror rampage in france came to a deadly end. Four hostages and three terrorists killed in two locations as french authorities moved in. One suspect remains at large. Heres how the markets looked at the close. The dow fell 170 points. Nasdaq lower by 32 and s p off by 17 points. For the week all three indexes were down by about a half percent. More on that december to remember jobs report. A more than forecasted 250,000 jobs were added last month and the nations jobless rate ticked down two notches to 5. 6 the lowest in more than six years. But the report wasnt all positive. Hampton pearson takes a closer look. Reporter 2014 was the best year for hiring in 15 years. More than 2. 9 million americans have found jobs in the last 12 months. The Unemployment Rate is at a six year low but wages now at about 24 an hour on average a

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