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Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the...

Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the...

Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the...

I want to give you a quick check on how the markets are trading. Stocks are pretty choppy this whole session. We are well off the lows of the day. Stocks were essentially down right out of the gate this morning at the opening bell. Data showing another month a weakening chinese trade. A slump in Global Demand has driven the declines in energy and Commodity Prices this year. As we heard overnight, chinas imports declined for a 13th straight month, a record. The dow was down as much as 245 points early in the day. But it rallied within 25 points of being pretty much unchanged. They ledted health...

Were . In the cross hairs of europe, but we know that yurt has been weak. That is the approximate cause. The sooner it happens the less likely we wilikely we will get bigger cuts. That means the less likely that you will blast out of stocks ahead of a tsunami of selling when you have a number of cuts. Prudence and foresight produce what i call just in case selling. Again that is totally sensible. Im never going to criticize that. Aside from these two factors, fridays selling had theyre own momentum. The first reason that people sold, the fed. We heard endlessly that the Federal Reserve was beh...