WHYY Nightly Business Report August 15, 2014
Stock averages fell sharply. While worries about a possible russian invasion pulled down stocks, treesryes rallied and tenyear note fell to the lowest in a year. Stocks recovered a bit. Here is a run down to the closing numbers. The dow lost 50, a dramatic rebound from a triple digit loss early in the session and the nasdaq added 12 and s p off a fraction. For the week, all three averages higher. Its best weekly gain since may and the s p up more than 1 . Over in the bond market, investors turn to safe haven u. S. Treasuries and the yield on the tenyear fell to 2. 34 . Michelle has more on the...