Gained yesterday and then something, and there are a number of developments that were following going into this final hour of trading here. And so, lets take a look at where markets stand with the Dow Jones Industrial average off 165 points this hour. It was down almost 200 at the lows just a little while ago. Remember, anything below 75 points means weve given up yesterdays gains and returned to the lowest level since at least may 20th, perhaps going back into the red for the year. In any case, this is a broadbased selloff, and the dow off 1 at this hour. Same goes for the nasdaq, which is off 42 points. The s p 500 off 1. 15 or 22 points, down all the way to 1, 916. The dow, going into the week, it had shed about 600 points in ten trading sessions. So certainly a sharp selloff. Lets try to make sense of it all. Rob morgan, sam stovall from s p capital iq, frank rad yok from jhs capital advisers, danny hughes from Divine Capital here at the big board. Our own Michelle Carusocabrera on
Gharib. Today we learned the economy created 209,000 jobs in july, the sixth straight month of 200,000 jobs or more and that hasnt happened since 1997. The number was still below expectations and the Unemployment Rate ticked up to 6. 2 . That disappointment actually alleviated a worry, that the Federal Reserve may be forced to move faster on rates than previously thought. Eamon javers looks inside the report and what it means for the economy and job hunters. Reporter today marked the sixth month of 200,000 plus jobs growth in the United States and we havent seen a month of job declines since 2010. Thats creating opportunity across the economy. The government said today employment and leisure and hospitality headed 375,000 jobs so far this year, primarily in Food Services and drinking places. And here in maryland, the state is cashing in on casino jobs. The number of workers is expected to triple to just over 9,000 jobs in the next two years. Mgm resort is building a billiondollar casin
Gharib. Today we learned the economy created 209,000 jobs in july, the sixth straight month of 200,000 jobs or more and that hasnt happened since 1997. The number was still below expectations and the Unemployment Rate ticked up to 6. 2 . That disappointment actually alleviated a worry, that the Federal Reserve may be forced to move faster on rates than previously thought. Eamon javers looks inside the report and what it means for the economy and job hunters. Reporter today marked the sixth month of 200,000 plus jobs growth in the United States and we havent seen a month of job declines since 2010. Thats creating opportunity across the economy. The government said today employment and leisure and hospitality headed 375,000 jobs so far this year, primarily in Food Services and drinking places. And here in maryland, the state is cashing in on casino jobs. The number of workers is expected to triple to just over 9,000 jobs in the next two years. Mgm resort is building a billiondollar casin
Gharib. Today we learned the economy created 209,000 jobs in july, the sixth straight month of 200,000 jobs or more and that hasnt happened since 1997. The number was still below expectations and the Unemployment Rate ticked up to 6. 2 . That disappointment actually alleviated a worry, that the Federal Reserve may be forced to move faster on rates than previously thought. Eamon javers looks inside the report and what it means for the economy and job hunters. Reporter today marked the sixth month of 200,000 plus jobs growth in the United States and we havent seen a month of job declines since 2010. Thats creating opportunity across the economy. The government said today employment and leisure and hospitality headed 375,000 jobs so far this year, primarily in Food Services and drinking places. And here in maryland, the state is cashing in on casino jobs. The number of workers is expected to triple to just over 9,000 jobs in the next two years. Mgm resort is building a billiondollar casin
Created 209,000 jobs in july, the sixth straight month of 200,000 jobs or more and that hasnt happened since 1997. The number was still below expectations and the Unemployment Rate ticked up to 6. 2 . That disappointment actually alleviated a worry, that the Federal Reserve may be forced to move faster on rates than previously thought. Eamon javers looks inside the report and what it means for the economy and job hunters. Reporter today marked the sixth month of 200,000 plus jobs growth in the United States and we havent seen a month of job declines since 2010. Thats creating opportunity across the economy. The government said today employment and leisure and hospitality headed 375,000 jobs so far this year, primarily in Food Services and drinking places. And here in maryland, the state is cashing in on casino jobs. The number of workers is expected to triple to just over 9,000 jobs in the next two years. Mgm resort is building a billiondollar casino southeast of washington dc. The doo