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Connell have the jobs they fight dont see you. It is jobs they, something to focus on. Economy as he sees it. Nicole petallides is quite a report. Nicole a tough week on wall street. 326 points, did i did the Dow Jones Industrial average up 48 points despite fewer jobs than we were anticipating. The dallas 48 points, gain of 1 . It is a 0. 3 , the fear index taking a little bit of a breather. You see all the sectors we followed closely, transport and drug stocks and bank stocks without arrows for the most part. Wanted to take a look at linkedin, a different picture and this is a down arrow down 7. 5 trading at 20664 and that is because they came out with a disappointing forecast. This tumble the market for linkedin because nobody anticipated that. The social networking site, they delivered revenue forecasts that were well short of wall street expectations. Connell the jobs number giving us the latest polls on the economy. 113,000 jobs added last month. That number 113,000 was short of
Multibilliondollar deal in jeopardy. That and more tonight for friday, august 16th. Another milestone on wall street today but not good. The dow posted the worst weekly decline for 2013 and not only the blue chip struggling, a lousy week. They closed in the red for the second week in a row. What continues to nag investors is conflicting reports about the economy, like todays news. A closely watched Consumer Sentiment survey fell sharply, but there were strong numbers from housing, and well have more in just a moment. So investors played it safe and sold stocks. The dow lost 30 points. The nasdaq slipped three, and the s p off 5. 5 points. Look the at the week, the dow and s p tumbled 2 . In the barn market the yield on the tenyear treasury spiked. With stocks taking a tumble after shooting higher since the start of the year, the big question is this the full fledged correction so many on wall street were predicting . Jackie dela jack jackie deorange looks. Reporter this trend raising s
Turmoil in egypt. Big American Companies halting operations in cairo, and as the violence escalates, its putting a major defense firms multibilliondollar deal in jeopardy. That and more tonight for friday, august 16th. Another milestone on wall street today but not good. The dow posted the worst weekly decline for 2013 and not only the blue chip struggling, a lousy week. They closed in the red for the second week in a row. What continues to nag investors is conflicting reports about the economy, like todays news. A closely watched Consumer Sentiment survey fell sharply, but there were strong numbers from housing, and well have more in just a moment. So investors played it safe and sold stocks. The dow lost 30 points. The nasdaq slipped three, and the s p off 5. 5 points. Look the at the week, the dow and s p tumbled 2 . In the barn market the yield on the tenyear treasury spiked. With stocks taking a tumble after shooting higher since the start of the year, the big question is this the
Heading to l. A. For the story making waves on the west coast. , a. Starbucks a coffee house. They have sprouted out there in l. A. We are heading out there with jon erlichman, next. a welcome back. Im emily chang. This is bloomberg west your coat this is cory johnson. The story we are talking about all day. Dumpster box opening in l. A. Over the weekend dumb l. A. Overopening in the weekend. Jon erlichman has been trying to figure out who is behind this. You are getting clues . Checked the filming permits for this wastion and what came back a Company Called absolute productions which is tied to a couple wellknown comics. Tim and eric have ties to Comedy Central programming. A lot of people online have been buzzing about if they are ultimately behind this. We continue to make calls and sniff around. Just an art installation. If they are not charging for the coffee that is not that great. People are lining up for hours and hours. New tonightre a show premiering tonight . Would this be