The ceo of tripoint homes joins us with a look at inventory and the impact of rising Interest Rates. The dow down more than 200 points, hovering near session lows its been a rough week the s p is flat, but the nasdaq, the outperformer today, bouncing back from yesterdays rough session by about 88 points amazon, the big tech gainer, shares there up nearly 8 on the back of earnings more on that ahead that is helping the rest of the tech trade apple on deck, of course, to report next week and everybody watches that one lets begin with the latest read on the economy and steve liesman, we have had a lot of data this week, steve. Yeah, its been a good one, tyler, if you are an economics reporter even if you like the economy, because it was mostly stronger growth, growth tended to exceed estimates with inflation, however, remaining sticky. But curiously, fed rate hikes are now less in play, as ill show you in a seconds on the expectation that the robust economic readings wont last core pce pr
Slammed . They can lose us money . Dow plunging 368 points, nasdaq plummeting 2. 57 . A total give up. Yet this is what happens when we havent had a major selloff in ages. We get feel who realize, omg, this stock business isnt what i thought it was. They start panicking, thinking theres nothing wrong with my stocks, but theyre going down anyway, but they say get me out of here, ive had enough of this pain. To which i say get used to it. It happens, its a normal occurrence, but we have had a built of a drought for months. So there are plenty of new investors who dont even know what an umbrella is. Many others have never heard of a raincoat. They think that rain only happens to other people. So lists go over my rules for dealing with the first serious down day in ages. First we need to figure out what is the approximate cause of the down. Its about the ongoing comey russia scandal, but the people who only read the business pages, the actions can be very costly. I say that because were al
Of a rate hike coming a little sooner than expected. Nasdaq biggest loser on percentage basis. Iraq back on the offensive, launching a massive operation to drive isis out of the Anbar Province. It is a region isis has controlled for 10 days since seizing the city of ramadi 70 miles west of baghdad. The announcement comes just days after u. S. Defense secretary ash carter blamed the iraq army for losing the city. What apparently happened was that the iraqi forces just showed no will to fight. They were not outnumbered. But in fact they vastly outnumbered the opposing force. We have an issue with the will of iraqis to fight isil and defend themselves. The Obama Administration has already tried to mend fences with Vice President joe biden calling iraqs Prime Minister to praise the troops bravery. Im joined by david asman and judy miller of the manhattan institute. She is fox news contributor. Also author of the story. Monica crowley is here. Wash on times online opinion editor and fox new
App store in terms of design and seeing what your friend are saying. Whatsapp is doing pretty well. Adam stock is going up. They havent told us how they will make money because they dont like advertising. Thats right. Adam nicole, youre looking at other stocks that could benefit or lose because of this deal. What have you got for investors . This is 19 billion blockbuster deals and some other names besides facebook are in some way, shape or form, going to have some sort of a correlation. Llts look at some internet providers and some of the cell phone carriers and see how they are faring on this day as we look at names like comcast and cablevision. You can see all up airarrows across the board. Granted one of those riskon kind of days. Time warner up 1 . Charter communications up 1. 7 . Cablevision also a winner. Here are some cell phone carriers as we talk about this blockbuster Messenger Services that is going to be occurring. You obviously see the cell phone carriers due to be benefi
Tomorrow and the rest of the weaker ones gradually warmed things up as we head towards friday will explain that to an marty tell what are extended forecast in just a bit. Now lets get a quick check of the commute. As you work your way out of a word out towards union city. Its an injury crash out of those shoulder now. Take a look at this line. It stays with you all the way into union city. For those with a plan to take a trip a salmon of up 92. It is packed. Head and on to the slow from the connector to take to the tournament through the toes of away from its ban. To drive time is Still Holding off 70 minutes from hayward to foster city. We have a break in the oakland toddler daphne web store drifted the missing since last july and a new twist, her father committed suicide and that could make it impossible to ever find out what happened to little daphne. Kron4s will tran has the following the story live this morning and has the details for us. So where from here will and possible and t