Week of equities, their first after five weeks of gains, setting the average lower despite good news about Consumer Spending and a strengthening u. S. Dollar. Investors lightened up on stocks as treasuries moved higher and crude oil and prices on other commodities continued to slide. At the closing of the bell, blue chop stocks down 61, nasdaq skidded 64, the s p drifted by about four, nasdaq off a fraction and the s p down more than 1 , as for the dollar it strengthened more than other currencies for the ninth week in a row. A big factor for todays slide, a big cause of actition one, when to raise Interest Rates, two, scotlands vote, which could send markets around the world in a spin, and three, alibaba, the chinese ecommerce giant, expected to be the biggest ipo in history, steve liesman, we begin with steve and the Federal Reserve. Reporter it could be a september fed meeting to remember, the central bank is a month away from ending its bond purchases or quantitative easing, there
After five weeks of gains, setting the average lower despite good news about Consumer Spending and a strengthening u. S. Dollar. Investors lightened up on stocks as treasuries moved higher and crude oil and prices on other commodities continued to slide. At the closing of the bell, blue chop stocks down 61, nasdaq skidded 64, the s p drifted by about four, nasdaq off a fraction and the s p down more than 1 , as for the dollar it strengthened more than other currencies for the ninth week in a row. A big factor for todays slide, a big cause of actition one, when to raise Interest Rates, two, scotlands vote, which could send markets around the world in a spin, and three, alibaba, the chinese ecommerce giant, expected to be the biggest ipo in history, steve liesman, we begin with steve and the Federal Reserve. Reporter it could be a september fed meeting to remember, the central bank is a month away from ending its bond purchases or quantitative easing, there is speculation it could take s
Week of equities, their first after five weeks of gains, setting the average lower despite good news about Consumer Spending and a strengthening u. S. Dollar. Investors lightened up on stocks as treasuries moved higher and crude oil and prices on other commodities continued to slide. At the closing of the bell, blue chop stocks down 61, nasdaq skidded 64, the s p drifted by about four, nasdaq off a fraction and the s p down more than 1 , as for the dollar it strengthened more than other currencies for the ninth week in a row. A big factor for todays slide, a big cause of actition one, when to raise Interest Rates, two, scotlands vote, which could send markets around the world in a spin, and three, alibaba, the chinese ecommerce giant, expected to be the biggest ipo in history, steve liesman, we begin with steve and the Federal Reserve. Reporter it could be a september fed meeting to remember, the central bank is a month away from ending its bond purchases or quantitative easing, there
Buying program, but some are expected to hear more debate about the timing of when to pull back and sell off the portfolio. The minutes from the previous meeting revealed some members wanted to end the program early, and that sparked a market selloff. 2 15 on wednesday, david. Have a wonderful weekend. Heres praying for apple stock, everybody. Money is next. Melissa heres whats money tonight. Tim guy near geithner out the door, and president obama said he was one of the best ever. We have his report card and whether jack lew can do better. May be the end of the union as membership plunges to a 97year low. There could be one thing to save the union. We have the former chief here to explain, and theres swatting and mansion swatting. A brazillian man just moved himself into a 7500 square foot palace in florida, and legal loopholes could let him keep it for good. You wont believe the story. Even when they say its not, its always about money. We start by saying goodbye to tim geithner and h
We have different issues. Yes but we have to much austerity you do not want to go our direction. Liz you have been terrific. Have a terrific weekend. Thank you for watchingres praye stock, everybody. Money is next. Melissa heres whats money tonight. Tim guy near geithner out the door, and president obama said he was one of the best ever. We have his report card and whether jack lew can do better. May be the end of the union as membership plunges to a 97year low. There could be one thing to save the union. We have the former chief here to explain, and theres swatting and mansion swatting. A brazillian man just moved himself into a 7500 square foot palace in florida, and legal loopholes could let him keep it for good. You wont believe the story. Even when they say its not, its always about money. We start by saying goodbye to tim geithner and his reign as treasury secretary, hanging up his hat after four years on the job, people questioning what side he was on, a wall street crony, a was