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Concerns about Rising Interest Rates and some nitpicking about selected corporate profit reports. The Dow Jones Industrial average plunged 665 points to 25,520 or about 2. 5 . The nasdaq dropped 145. And the s p 500 dipped 59. All 30 of the dow components were lower. A day of rumrs. And of all the 500 stocks in the s p 500, only a handful were in the green and higher. Today concluded the worst week for the major afternoons since 2016nd selling starting with the release of the january jobs report. Employers added 200,000 jobs last month, which was more than expected. E remainedoyment r steady at 4. 1 . And wage growth accelerated. Average Hourly Earnings jumped 2. 9 from a year earlier, the y strongestr over year gain since 2009. Investors are concerned veho that that could trigger higher inflation, and so b ....
IHeartMedia’s Columbus news/talk WTVN-AM launches a new 5:00 am to 9:00 am show called “Columbus’ Morning News” and hosted by station program director Mike Elliott. Contributors to the program include sports director Matt McCoy, news reporter Scott Jennings, traffic reporter Johnny Hill, and producer Michael Campana. The station says, “Thirty-year market veteran, Elliott, who started… ....
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