one reason for the optimism? investors are hopeful that the european debt crisis won t spin out of control. here s a rundown of today s closing numbers. the dow rose 76 points, the nasdaq added 15 and the s&p up almost seven. for the week, the blue chips posted impressive gains, up 4.7%. the nasdaq did even better, up 6% over the past five days. and the s&p rose 5.3% on the week. u.b.s. strategist steven friedman says its been all about europe this week. right now the market is really trading in line with swings of investor sentiment in relation to the situation in the eurozone. there have been some reassuring comments by policy makers in europe, and some concerted efforts to provide liquidity to the banks in europe, and that s really what s been driving stocks higher this week. susie: despite this week s gains, investors are still jittery. they re worried about all the market volatility and the uncertain outlook for the economy. as suzanne pratt reports, investors are lo
one reason for the optimism? investors are hopeful that the european debt crisis won t spin out of control. here s a rundown of today s closing numbers. the dow rose 76 points, the nasdaq added 15 and the s&p up almost seven. for the week, the blue chips posted impressive gains, up 4.7%. the nasdaq did even better, up 6% over the past five days. and the s&p rose 5.3% on the week. u.b.s. strategist steven friedman says its been all about europe this week. right now the market is really trading in line with swings of investor sentiment in relation to the situation in the eurozone. there have been some reassuring comments by policy makers in europe, and some concerted efforts to provide liquidity to the banks in europe, and that s really what s been driving stocks higher this week. susie: despite this week s gains, investors are still jittery. they re worried about all the market volatility and the uncertain outlook for the economy. as suzanne pratt reports, investors are lo
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt tom: good evening and thanks for joining us. it s a five in row. the major stock averages were in the green every day this week, susie. susie: tom, the dow is just points away from turning positive for the year. one reason for the optimism? investors are hopeful that the european debt crisis won t spin out of control. here s a rundown of today s closing numbers. the dow rose 76 points, the nasdaq added 15 and the s&p up almost seven. for the week, the blue chips posted impressive gains, up 4.7%. the nasdaq did even better, up 6% over the past five days. and the s&p rose 5.3% on the week. u.b.s. strategist steven friedman says its been all about europe this week. right now the market is really trading in line with swings of investor sentiment in relation to the situation in the eurozone. there have been some reassuring comments by policy makers in europe
susie: tom, the dow is just points away from turning positive for the year. one reason for the optimism? investors are hopeful that the european debt crisis won t spin out of control. here s a rundown of today s closing numbers. the dow rose 76 points, the nasdaq added 15 and the s&p up almost seven. for the week, the blue chips posted impressive gains, up 4.7%. the nasdaq did even better, up 6% over the past five days. and the s&p rose 5.3% on the week. u.b.s. strategist steven friedman says its been all about europe this week. right now the market is really trading in line with swings of investor sentiment in relation to the situation in the eurozone. there have been some reassuring comments by policy makers in europe, and some concerted efforts to provide liquidity to the banks in europe, and that s really what s been driving stocks higher this week. susie: despite this week s gains, investors are still jittery. they re worried about all the market volatility and the
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. continuing turmoil in the middle east today pushed up prices on oil and gold. but tom that wasn t the case for stock prices. the major averages fell for the second straight day. tom: susie, oil was the big story. in new york trading, april crude futures briefly traded above the $100-a-barrel level on concerns about supply disruptions in libya. but by the close, oil settled at $98.10 up almost $3. now those same concerns also gave a boost to gold up over $12 to $14.14 an ounce. that s $1,400-plus an ounce. on wall street, the dow lost 107 points, the nasdaq fell 33 and the s&p 500 was down eight. susie: also today, saudi arabia s king abdullah went on the offensive, promising his subjects $36 billion of benefits to deal with housing, education, and unemployment issues. our guest tonight was recently in egypt and saudi arab