KQEH Nightly Business Report July 26, 2014
Scuttled seize fire deal in israel and a sell off in stocks took the market down today, sharply lower. Two stocks in particular dragged down averages. Shares of amazon. Com tumbled after disappointing earnings while visa warning of a weaker quarter ahead was the biggest decliner in the dow. It fell 3. 5 and accounted for nearly half of the blue chip index losses. Not even a boost for durable goods last month could help the markets much and at the close the dow was down 123 points closing back below 17,000. The nasdaq lost 22 points and the s p 500 was down nine. For the week, the dow ended low...