Has delivered quite a jolt. Call it a double dose of red bull or not, the bulls not in charge today, the bears were. And technology and Financial Services shares led to major market barometers down. It was their worst day collectively since late july and the fourth day in a row for triple digit moves, three of them down were dogs. Words about world growth and soggy Economic Data set the tone, goods tumbled, biggest monthly decline ever mostly on the demand pullback for aircraft. Also the first time for jobless claims rose 12,000 even though theyre still sitting near sevenyear lows. All stocks dipped, closing back below 17,000, nasdaq down 88, nearly 2 , and the s p 500 dropped 32. Bonds rallied as investors took cover in treasuries, yields on the tenure fell to a twoweek low. Now, a look at todays drop and why big moves are suddenly back on wall street. It was the fourth day of triple digit moves in the dow. Slowing growth around the world was an issue for the markets earlier in the we
Call it a double dose of red bull or not, the bulls not in charge today, the bears were. And technology and Financial Services shares led to major market barometers down. It was their worst day collectively since late july and the fourth day in a row for triple digit moves, three of them down were dogs. Words about world growth and soggy Economic Data set the tone, goods tumbled, biggest monthly decline ever mostly on the demand pullback for aircraft. Also the first time for jobless claims rose 12,000 even though theyre still sitting near sevenyear lows. All stocks dipped, closing back below 17,000, nasdaq down 88, nearly 2 , and the s p 500 dropped 32. Bonds rallied as investors took cover in treasuries, yields on the tenure fell to a twoweek low. Now, a look at todays drop and why big moves are suddenly back on wall street. It was the fourth day of triple digit moves in the dow. Slowing growth around the world was an issue for the markets earlier in the week. But today, a couple of a
See there. 2. 71 . Yeah. Lets move on to europe. Second quarter gdp data indicating eurozone emerge by recession. In and also some growth in france. And that gets us to our road map which starts with a rare miss for macys. Shares of the Department Store are falling in the premarket. The ceo says consumer are worried about the uncertain economic environment. Apple still getting the icahn burp thmp this morning. Carl icahn tweeted he bought a stake in the tech giants. And strength on the farm. Deere beating on the top and bottom line this morning, citing strength in Farm Equipment sales. Bill ackman speaks out about the villains of the Capital Markets in his public bat with other highprofile Hedge Fund Managers. Man. A lot of personality. A lot of personalities running around there in vaktism land. Hes start with shares of macys. Down sharply in the premarket. Retailer posting the Second Quarter results that were below wall street forecast. Samestore sales fell 0. 8 from one year ago. Ce
Investors focused their attention on president obamas plan to combat islamic terrorists in the middle east. Some tougher new sanctions against russia and the timing of the Federal Reserves next interest move. The stocks began lower but closed at the high of the session getting a boost from rising oil prices, dow lost 19, nasdaq up by five and the s p added a point by the close of the bell. And despite the uncertainty there has been a trend in major weeks, many investors have stepped back in to buy. Dominic shu looks at recent activity, what may happen next and what some professionals are buying right now. Reporter stocks go up and stocks go down, but with the overall market still near record highs many investors are wondering if now is the time to sell and take some of those profits off the table. Certain stocks are getting hit worst than others, so far in september, the broader s p 500 has lost about half a percent, but Energy Stocks have taken up bigger hits. As a sector it lost arou
The day on wall street today. Investors focused their attention on president obamas plan to combat islamic terrorists in the middle east. Some tougher new sanctions against russia and the timing of the Federal Reserves next interest move. The stocks began lower but closed at the high of the session getting a boost from rising oil prices, dow lost 19, nasdaq up by five and the s p added a point by the close of the bell. And despite the uncertainty there has been a trend in major weeks, many investors have stepped back in to buy. Dominic shu looks at recent activity, what may happen next and what some professionals are buying right now. Reporter stocks go up and stocks go down, but with the overall market still near record highs many investors are wondering if now is the time to sell and take some of those profits off the table. Certain stocks are getting hit worst than others, so far in september, the broader s p 500 has lost about half a percent, but Energy Stocks have taken up bigger