Whats happening with the nikkei. Down 4 . Heres whats happening across europe. The bank of england saying it plans to keep Interest Rates at record lows until unemployment falls to 7 or below. So a mixed trading session. We will have plenty more on that later in the program. Also in our road map this morning, disneys Third Quarter results top estimates but its movie studio takes a hit on the lone ranger flop. Morgan stanley, facebook saying that video ads constitute a good chunk of revenues by next year. Shares of ralph lauren are unraveling on weaker guidance. Dan lobe is backing off sony for now and is telling an angry George Clooney they have more in common than clooney thinks. Shifting our focus. We were just talking about whats happening in japan. Mike, i just wonder again if people, as much as theyre talking about how the taper is responsible for whats happened overnight, if its not in fact some of the things that are developing overseas which are just having an impact here back
Products but finding them is a different story. So we hit the mall to see for ourselves in our special series made in america. We have all that and more tonight on nightly Business Report for wednesday, august 7th. Good evening everyone and welcome. Call it the summer stumble. It doesnt qualify as a swoon or full fledged sale off yet but u. S. Stocks fell dropping like dominos. Japan notably declined 4 as the yen rose against the dollar. Here in the u. S. Investors seemed unsettled by reoccurring fed chatter thinking the u. S. May scale back stimulus in september maybe not. If not, maybe the end of the year. Either way, investors didnt like it. The dow dropped 48 points and the nasdaq to 3654 and the s p 500 closed at 1690 and change. Since 1987, august is the worst month for stocks, so what should investors do . Joining us with his thoughts, Global Market strategist at jp morgan funds. Andres there is a summer lull. What is the smart thing for investors to do . Do you buy, sale, just
Report for wednesday, august 7th. Good evening everyone and welcome. Call it the summer stumble. It doesnt qualify as a swoon or full fledged sale off yet but u. S. Stocks fell dropping like dominos. Japan notably declined 4 as the yen rose against the dollar. Here in the u. S. Investors seemed unsettled by reoccurring fed chatter thinking the u. S. May scale back stimulus in september maybe not. If not, maybe the end of the year. Either way, investors didnt like it. The dow dropped 48 points and the nasdaq to 3654 and the s p 500 closed at 1690 and change. Since 1987, august is the worst month for stocks, so what should investors do . Joining us with his thoughts, Global Market strategist at jp morgan funds. Andres there is a summer lull. What is the smart thing for investors to do . Do you buy, sale, just sit tight . For the active investor, shortterm investment horizon nobody wants to be a hero this august considering how strong the markets rallied. If youre a longterm investors it
Report for wednesday, august 7th. Good evening everyone and welcome. Call it the summer stumble. It doesnt qualify as a swoon or full fledged sale off yet but u. S. Stocks fell dropping like dominos. Japan notably declined 4 as the yen rose against the dollar. Here in the u. S. Investors seemed unsettled by reoccurring fed chatter thinking the u. S. May scale back stimulus in september maybe not. If not, maybe the end of the year. Either way, investors didnt like it. The dow dropped 48 points and the nasdaq to 3654 and the s p 500 closed at 1690 and change. Since 1987, august is the worst month for stocks, so what should investors do . Joining us with his thoughts, Global Market strategist at jp morgan funds. Andres there is a summer lull. What is the smart thing for investors to do . Do you buy, sale, just sit tight . For the active investor, shortterm investment horizon nobody wants to be a hero this august considering how strong the markets rallied. If youre a longterm investors it
Products but finding them is a different story. So we hit the mall to see for ourselves in our special series made in america. We have all that and more tonight on nightly Business Report for wednesday, august 7th. Good evening everyone and welcome. Call it the summer stumble. It doesnt qualify as a swoon or full fledged sale off yet but u. S. Stocks fell dropping like dominos. Japan notably declined 4 as the yen rose against the dollar. Here in the u. S. Investors seemed unsettled by reoccurring fed chatter thinking the u. S. May scale back stimulus in september maybe not. If not, maybe the end of the year. Either way, investors didnt like it. The dow dropped 48 points and the nasdaq to 3654 and the s p 500 closed at 1690 and change. Since 1987, august is the worst month for stocks, so what should investors do . Joining us with his thoughts, Global Market strategist at jp morgan funds. Andres there is a summer lull. What is the smart thing for investors to do . Do you buy, sale, just