Dow Go News Today : Breaking News, Live Updates & Top Stories | Vimarsana

When he saw the dow go off the cliff as much as 478 points. on the upside, he got a rate cut and the fed chairman said they would end the policy of quantitative tightening in the next couple months, which is something that the president wanted to have happen. and you heard it mention a second ago, was the fed giving in to pressure from president to do what the president wanted powell to do. here's what powell said about that. >> we never take into account political situations. there's no place in our discussions for that. we don't conduct monetary policy to prove independence. we conduct monet...

Administration they said we could never get more than 2 1/2% economic growth in our lifetimes. now we see we have close to 4% on an annual basis economic growth and the only problem that businesses have right now is finding enough workers. >> sandra: it is amazing to watch that 4.2% updated the gdp number. we thought 4.1% was big and they revised it higher. we spoke to the white house after the number came out and larry kudlow said it's sustainable. where could the dow go from here? >> i think the dow has another leg to go. of course, it is hard to predict markets. the main thing it is not jus...

6 6.2. there was a lot of mathematical investment formulas built on top of that one equation. so all of those have to get reset. it's possible what we're seeing is just a real spasmic reaction to this dramatic change in the value of the chinese currency that once it sort of runs its course, we'll be back -- maybe not to new records but the markets will stabilize. >> i should point out throughout this conversation we watched the dow go down to 463. it is interesting, sue, just in the course of this six-minute conversation, the up and down, we'll see what happens as the day continues. it will be...

The year. that's good news for the american consumer. >> yes. and perhaps the presidential rating as well. what about the job market? more than 300,000 jobs added last month. we're looking at 5.8% unemployment rate. are we poised for more growth? we'll see the 300,000 number continue? >> i wouldn't expect the 300,000 number to continue. on average, we've been adding somewhere around 240 that's about what i expect. that's pretty good considering where we've been. i think the important thing to realize there is that the number of people participating in the labor force is stabilized. that was fa...

Phoenix 39. another cold desert location. l.a. 44. snow in the mountains today in the san bernardinos. and back in new york city the epicenter of new year's eve 26 when the ball drops. richard, most of us will be -- if we're outdoors we'll have to layer up unless you're in the sunshine state. back to you from sin city where the sun is coming up and everybody has finally headed to bed. >> i tell you, las vegas -- with the snow flakes and the palm trees behind you, they're living up to that. appreciate it. still ahead on "the rundown" 2014 looking to go out on a high note when it comes to the ...