The public disagreement within the Federal Reserve over what it should do next. We have all that and more on the nightly Business Report for friday, october 17th. Good evening, everyone, and welcome. Rarely in recent years has the friday been so welcome on wall street. And this thankfully for the most part was a friday of healing for stocks after a week that laid bare practically every one of the markets vulnerabilities. Today, the Dow Jones Industrial average ended a sixday losing streak, a slide marked by the kind of turbulence that investors had not seen in years. It shot up, pushed by strong earnings, good Economic News and fierce rally overseas in european stocks. All 30 dow blue chips ended in the green, the nasdaq gained 40 s ps, fourth week in a row of losses, the dow fell a percent, the nasdaq down a half percentage point, the s p lost a percent. By the way, for the tenyear treasury it took a Magical Mystery Tour for its own this week before ending with a yield of 2. 2 , where
The public disagreement within the Federal Reserve over what it should do next. We have all that and more on the nightly Business Report for friday, october 17th. Good evening, everyone, and welcome. Rarely in recent years has the friday been so welcome on wall street. And this thankfully for the most part was a friday of healing for stocks after a week that laid bare practically every one of the markets vulnerabilities. Today, the Dow Jones Industrial average ended a sixday losing streak, a slide marked by the kind of turbulence that investors had not seen in years. It shot up, pushed by strong earnings, good Economic News and fierce rally overseas in european stocks. All 30 dow blue chips ended in the green, the nasdaq gained 40 s ps, fourth week in a row of losses, the dow fell a percent, the nasdaq down a half percentage point, the s p lost a percent. By the way, for the tenyear treasury it took a Magical Mystery Tour for its own this week before ending with a yield of 2. 2 , where
The public disagreement within the Federal Reserve over what it should do next. We have all that and more on the nightly Business Report for friday, october 17th. Good evening, everyone, and welcome. Rarely in recent years has the friday been so welcome on wall street. And this thankfully for the most part was a friday of healing for stocks after a week that laid bare practically every one of the markets vulnerabilities. Today, the Dow Jones Industrial average ended a sixday losing streak, a slide marked by the kind of turbulence that investors had not seen in years. It shot up, pushed by strong earnings, good Economic News and fierce rally overseas in european stocks. All 30 dow blue chips ended in the green, the nasdaq gained 40 s ps, fourth week in a row of losses, the dow fell a percent, the nasdaq down a half percentage point, the s p lost a percent. By the way, for the tenyear treasury it took a Magical Mystery Tour for its own this week before ending with a yield of 2. 2 , where
New york Stock Exchange, on the dow, stocks shaving off early gains, down 35 points, at the new york Stock Exchange, what are you looking at . Dagen, first thing you noted, this could, in fact, be the fourth straight day of losses for the dow and the s p. Thats the longest losing streak of the year, 2013, dating back to december of last year, so if, in fact, we do finish lower on the dow and s p, it will be the first time we had four Straight Days of losses. Dont forget, coming off the six straight weeks of gains, and the bulls had a nice run hitting the record highs, but, certainly, profit taking has been underway. Weve gotten in plenty of earnings, market moving events, and the dollar is lower today. Dow jones industrials, names like caterpillar, microsoft doing well. Up over 2 , american express, home depot, plenty of winners to speak whats weighing on the dow here are big guys, chevron, at t, ibm, intel, and jpmorgan, in the news with the mortgage backedded securities in the mortga
Just the past five trading sessions. David all right, vixx is always interesting to note, and whenever it is at a low which, indeed, the vxx is, now, this is remember, the vixx you cant trade on, the vxx you can. Its a volatility index, it hit a 52week low today. Some people would say perhaps thats too low, well have to be watching that very carefully. Liz just not a lot of fear in the market. Wheat, we should look at that. A huge mover in the commodity pits. This rally hits a two week high, and the move sent jjg higher. The etf investment, everything from wheat to soybeans to corn did well today. David all right, well, the white house turning to Small Business other thans for input on the debt crisis. Input on the debt crisis. Coming up, one of the Business Owners who was at the meeting. Liz plus, the Powerball Jackpot up to a record 500 million. We will ask new jersey lottery executive yes, new jersey participates in the Powerball Carol headinger about the payoff options and where al