More market volatility in the u. S. Wall street indexes seesaw after positive retail figures take the edge off a steady stream of bad news so is the global recession called off not quite. And is the farm coming to the big city well take you to a growing operation in the big apple. This is your Business Report im stephen bears in berlin thanks for joining us another day on wall street another volatile session markets ultimately ending in positive territory today after solid u. S. Retail numbers suggest that american consumption remains strong and that followed the worst day of the year for stocks with both the dow and nasdaq losing 3 percent wednesday on new recession worries the ups and downs of the markets are not going unnoticed u. S. Government is now trying to call investor jitters. Here on wall street
traders cheered retail giant walmart strong Quarterly Earnings the figures columns nerves on the floor they show us Consumer Demand is strong despite the trade war with china the Tru
more market volatility in the u.s. wall street indexes seesaw after positive retail figures take the edge off a steady stream of bad news so is the global recession called off not quite. and is the farm coming to the big city we ll take you to a growing operation in the big apple. this is your business report i m stephen bears in berlin thanks for joining us another day on wall street another volatile session markets ultimately ending in positive territory today after solid u.s. retail numbers suggest that american consumption remains strong and that followed the worst day of the year for stocks with both the dow and nasdaq losing 3 percent wednesday on new recession worries the ups and downs of the markets are not going unnoticed u.s. government is now trying to call investor jitters. here on wall street
welcome back. president trump is trying to clean up his self-made trade crisis. first, he touted what he called an incredible deal to pause the trade war with china over the weekend. but then, mr. trump helped set off investor jitters with tweets yesterday calling himself a tariff man. so, now he s trying to change his tone. president trump tweeted this morning that he seeing very strong signals from china to pause the trade war. quote, not to sound naive or anything, but i believe president xi meant every word of what he said at our long and hopefully historic meeting. all subjects discussed. chinese government said today that it s confident in the trade talks, but offered little clarity on what exactly they agreed to or purported to even talk about. out of all the news this week, from former president george h.w. s funeral to the latest developments in the mueller probe, this is arguably the most
and the news that we are getting out of china all of that and on this summer day, the first day of september, is one that is causing the market to really falter here. sharon, you mentioned correction last time we were mentioning correction, too, we saw that even out in the markets. is that something that we can expect as far as easing investor jitters this time around, too? in terms of seeing a correction, yes. i mean, that s something that normally hard to say normally to people who have looked at the portfolios and concerned they lost money and something that s a natural process in financial markets and we may see another one and the fact we didn t see this in four years is means a lot of folks expecting it to happen just when was it going to happen was the big question. not if it was going to happen. that should give investors sot comfort and sometimes it is hard to be comforted seeing the red arrows. all right. we appreciate the breakdown. sharon, appreciate it. thank you