Detailed text transcripts for TV channel - MSNBC - 20110129:12:54:00
Egypt's actions have markets paying close attention. the price of oil jumped 4.3%, the largest one-day spike since september 2009. that's being blamed for breaking the dow's eight-week winning street. vera gibbons, this is having a big impact on the market. >> it is. the dow had one of the worst days we've seen in months. i think investors are using this as a reason to get out of stocks, moving to safer assets. oil was up $89 a barrel. now oil, $13.38 an ounce. so they're taking some of the gains off the tables and moving it to other areas. >> so we see the dow dropping, oil prices rising. are...
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