Anniversary of hurricanesandy, helping homeowners keep heads above water. That and more tonight on nightly Business Report for tuesday, october 29th. Good evening everybody and c welcome. On this day in 1929 the stock market crashed and 20 points meant 12 . Today, 84 years later the dow closed at a record high and the s and a 500 and the mid cap 400. Call it green tuesday, if youd like and some Economic Indicators market pros watch are flashing yellow, maybe even red. More on that in a moment. Here for the record are the numbers on wall street today. A day of historical irony as the policy makers convene to discuss the economy and what to do without it. The dow with a lasthour sprint was 111 points and nasdaq gained 12 and s p add add 10. Investors bought up stocks. Retail sales fell in september down 1 10th of a percent, the first drop in six months. The decline because of a big drop in auto sales. Home prices cooled off. The s p index that tracks shows home prizes rose 1. 23 in augus
Anniversary of hurricanesandy, helping homeowners keep heads above water. That and more tonight on nightly Business Report for tuesday, october 29th. Good evening everybody and c welcome. On this day in 1929 the stock market crashed and 20 points meant 12 . Today, 84 years later the dow closed at a record high and the s and a 500 and the mid cap 400. Call it green tuesday, if youd like and some Economic Indicators market pros watch are flashing yellow, maybe even red. More on that in a moment. Here for the record are the numbers on wall street today. A day of historical irony as the policy makers convene to discuss the economy and what to do without it. The dow with a lasthour sprint was 111 points and nasdaq gained 12 and s p add add 10. Investors bought up stocks. Retail sales fell in september down 1 10th of a percent, the first drop in six months. The decline because of a big drop in auto sales. Home prices cooled off. The s p index that tracks shows home prizes rose 1. 23 in augus
We have snapped the recent losing streak, there is the one week chart. We have traded down every single day since last friday, all down arrows. The question was whether or not this week we would snap the recent winning streak. 16,086 would be our threshold to watch for the closing bell. We will see if we get past that. Maybe tough. The vix is pulling back after a fourday low. What we have been seeing today. 2. 87 . Back to you. Adam see you in 15 minutes we had cheryl the jobs report a big catalyst this morning. Peter barnes to break down the numbers for us and the highlights, the Participation Rate seemed to be the big change, peter. Peter that is right. One reason we saw the Unemployment Rate drop, such a surprise from 7. 3 in october to 7 in november. And of course the other part was just plain old job creation. Nonfarm payroll surveyed 200,000 jobs added in november, expectation was 180,000, so both of these numbers coming in better than expected. And part of it is not just because
A double record run. Both the dow and s p hit all time highs. Despite a dip in Consumer Confidence to the lowest level since 2011. The nasdaq closed higher by 12 points but needs to get above 5,000 before reaching a record. Gold sold off by 8 dollars and oil dripped by 95 cents. In earnings after hours. Linkedin topped wall streets view but the forecast was below range. Yelp reported losing more money as it spends more on marketing. Yelp lost 2. 3 million. And Gilead Sciences came in strong with earnings and full year guidance that beat the street. Shares rose 1 after the close. Its official dell is now a private company. And, sac is set to soon plead guilty to securities fraud according to the wall street journal. All enough men have trading in advantages on. In the seat first this morning is in the trading area of cme group. Good morning to you. Good morning angie. What do you see in the market today as we await the decesion coming from the fed . Well nothings changed, ive been bulli
That and more tonight on nightly Business Report for tuesday, october 29th. Good evening everybody and c welcome. On this day in 1929 the stock market crashed and 20 points meant 12 . Today, 84 years later the dow closed at a record high and the s and a 500 and the mid cap 400. Call it green tuesday, if youd like and some Economic Indicators market pros watch are flashing yellow, maybe even red. More on that in a moment. Here for the record are the numbers on wall street today. A day of historical irony as the policy makers convene to discuss the economy and what to do without it. The dow with a lasthour sprint was 111 points and nasdaq gained 12 and s p add add 10. Investors bought up stocks. Retail sales fell in september down 1 10th of a percent, the first drop in six months. The decline because of a big drop in auto sales. Home prices cooled off. The s p index that tracks shows home prizes rose 1. 23 in august. Thec slowest gain since march. The data points down but stocks continu