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Transcripts For KQED Nightly Business Report 20110819

tom: good evening and thanks for joining us. a nasty stock sell-off today in markets all around the world on new fears about a global recession. and susie, there are growing worries that europe s financial problems could spread to the u.s. susie: tom, investors also dumped stocks on several negative reports on the u.s. economy s performance in july: an uptick in inflation the consumer price index rose more than expected; weak home sales national association of realtors said existing home sales dropped by 3.5%, worse than expected; a significant slowdown in manufacturing the philadelphia federal reserve said its regional index plunged to a reading of minus-30; and from the job market a spike in filings for unemployment benefits, up by 9,000. tom: now, that picture of a stalling u.s. economy led to massive selling on wall street. the dow tumbled 420 points, the nasdaq lost 131, and the s&p down 53. big board volume rose to 1.6 billion shares, while nasdaq volume climb

Transcripts For KQED Nightly Business Report 20110819

tom: good evening and thanks for joining us. a nasty stock sell-off today in markets all around the world on new fears about a global recession. and susie, there are growing worries that europe s financial problems could spread to the u.s. susie: tom, investors also dumped stocks on several negative reports on the u.s. economy s performance in july: an uptick in inflation the consumer price index rose more than expected; weak home sales national association of realtors said existing home sales dropped by 3.5%, worse than expected; a significant slowdown in manufacturing the philadelphia federal reserve said its regional index plunged to a reading of minus-30; and from the job market a spike in filings for unemployment benefits, up by 9,000. tom: now, that picture of a stalling u.s. economy led to massive selling on wall street. the dow tumbled 420 points, the nasdaq lost 131, and the s&p down 53. big board volume rose to 1.6 billion shares, while nasdaq volume climb

Transcripts For KQEH Nightly Business Report 20110819

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a nasty stock sell-off today in markets all around the world on new fears about a global recession. and susie, there are growing worries that europe s financial problems could spread to the u.s. susie: tom, investors also dumped stocks on several negative reports on the u.s. economy s performance in july: an uptick in inflation the consumer price index rose more than expected; weak home sales national association of realtors said existing home sales dropped by 3.5%, worse than expected; a significant slowdown in manufacturing the philadelphia federal reserve said its regional index plunged to a reading of minus-30; and from the job market a spike in filings for unemployment benefits, up by 9,000. tom: now, that picture of a stalling u.s. economy led to massive selling on wall street. the dow tu

Transcripts For WMPT Nightly Business Report 20110818

is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a nasty stock sell-off today in markets all around the world on new fears about a global recession. and susie, there are growing worries that europe s financial problems could spread to the u.s. susie: tom, investors also dumped stocks on several negative reports on the u.s. economy s performance in july: an uptick in inflation the consumer price index rose more than expected; weak home sales national association of realtors said existing home sales dropped by 3.5%, worse than expected; a significant slowdown in manufacturing the philadelphia federal reserve said its regional index plunged to a reading of minus-30; and from the job market a spike in filings for unemployment benefits, up by 9,000. tom: now, that picture of a stalling u.s. economy led to massive selling on wa

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