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The dow industrial average sank 212 to 16,204. Nasdaq dropped 146, more than 3 . The s p 500 fell 35. Bad day, bad week, with all the major indexes lower, nasdaq lost more than 5 as you see right there. Some say todays decline was in response to the jobs report. Some pundits think the numbers make a march Interest Rate hike likelier. But a report says theres much more to it than that, and it could spell trouble for the bull. Reporter another lousy day for the markets. Whats the problem today . There was a lot of attention to new tech and social media names, linkedin, all down dramatically. The concern is new Tech Companies may have lower growth rates than everybody is assuming. Thats a killer if youre a growth company. For months weve watched energy, materials, global industrials, weaker on concerns about Oil Oversupply a ....
This is about an hour and ten minutes. All right. Sounds like the mic is on. Thank you so much for coming out tonight folks on behalf of hidden city philadelphia. I would like to welcome you to this event the celebration his new book abandon america, the age of consequences. I would like to. Out that this event is actually being recorded. Everything that happens tonight will eventually appear on teesixteen. Book tv. But we need you to do is turn off your cell phones. Its like going to the ritz. And to remember that we are going to have a q a session after the event. After after matt is done speaking. And also when you have a question we we will be around with a microphone for you. Dont be dont be that kid calling out in class. You know, i have known that for a while now. The 1st time that i really i really understood kind of you know, just how good he was at what he does is when we made plans to go see the willow steam plan which is this really monstrous brick and rusty smokestack buil ....
Inalternativement camp. Booktv, 48 hours of books and authors. Television for serious readers. Next on booktv from the gershman y in philadelphia Matthew Christopher presents photos from his book, abandoned america. Mr. Christopher spent ten years documenting ruined institutions throughout the country from schools and churches to factories and military installations. This is about an hour and ten minutes. [inaudible conversations] all right. Sounds like the mics on. Thank you so much for coming out tonight, folks, on behalf of hidden city philadelphia. Id like to welcome you to this event, this celebration of Matt Christophers new book abandoned america the age of consequences. Before i forget, id like to point out that this event is actually being recorded by cspan. Everything that happens tonight will eventually appear on booktv. Now, what they need you to do is tur ....
I guess i dont like it a whole lot. What would we find i sound just like my dad. There are great people out there, i know it. And i dont mean to condemn it but i think its passed me by a little bit. I still have a wonderful career and a beautiful audience that i really love but the spotlight is elsewhere now and im a known quantity now. And thats fine with me to play out this hand. But i dont pay a whole lot of attention to i never did listen much to the roofment when i was a kid i did. I dont listen to music much. Kim works with the boston symphony and we get a lot of classic cal music in the house. We have 11yearold twin boys and they have their preferences, maybe its because theyre playing most of the popular music im hearing in the house i have such a negative take on it. Do you have an i pod . No an ipad. Do you listen to music on there . No i listen on cd and vinyl. They have said taylor swift is named after you. What do you think of her music . I like her music. And i like the n ....
Top tech headlines. Apple is giving the retail chief more than 113,000 restricted worth about 68 million at todays price. To have counting on her the same success while leading burberry, where she more than doubled sales over her tenure. Percentposted a four rise in sales, but a drop in First Quarter profits. They added just 12,000 subscribers in the u. S. , but 361,000 in latin america. Be a target ofto dish and at t with a possible takeover, with the wave of consolidation the paytv business. Morgan stanley has been fined 5 million by the Financial Industry Regulatory Authority for sales practices involving ipos. That includes the ipos of 83 companies, including facebook and yelp. Morgan stanley did not distinguish it is policy between a science indication of interest and a conditional request to buy. First, to the lead story of the day shares of twit ....