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Dow, S&P 500 scale new highs as inflation growth slows - Netscape Money & Business
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Dow, S&P 500 scale new highs as inflation growth slows
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this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening everyone. wall street wrapped up a tumultuous week in the red, with most of the major averages closing the day down over 2.5%. tom, investors sold stocks on worries about the economic recovery, and discouraging quarterly reports and outlooks from general electric, citi and bank of america. tom: susie, today s losses erased the week s gains and all of the dow s 30 stocks were down. the dow fell 261 points, the nasdaq tumbled 70 and the s&p 500 lost 31. big board volume swelled to 1.5 billion shares. nasdaq volume settled well above two billion shares. susie: what troubled investors about today s quarterly results were not the top line numbers, that s revenues, not the bottom line earnings. bank of america, citi and g.e. all reported second quarter earnings above analyst estimates, but their revenues were down year over year
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening everyone. wall street wrapped up a tumultuous week in the red, with most of the major averages closing the day down over 2.5%. tom, investors sold stocks on worries about the economic recovery, and discouraging quarterly reports and outlooks from general electric, citi and bank of america. tom: susie, today s losses erased the week s gains and all of the dow s 30 stocks were down. the dow fell 261 points, the nasdaq tumbled 70 and the s&p 500 lost 31. big board volume swelled to 1.5 billion shares. nasdaq volume settled well above two billion shares. susie: what troubled investors about today s quarterly results were not the top line numbers, that s revenues, not the bottom line earnings. bank of america, citi and g.e. all reported second quarter earnings above analyst estimates, but their revenues were down year over year
nightly business report 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 susie: good evening everyone. wall street wrapped up a tumultuous week in the red, with most of the major averages closing the day down over 2.5%. tom, investors sold stocks on worries about the economic recovery, and discouraging quarterly reports and outlooks from general electric, citi and bank of america. tom: susie, today s losses erased the week s gains and all of the dow s 30 stocks were down. the dow fell 261 points, the nasdaq tumbled 70 and the s&p 500 lost 31. big board volume swelled to 1.5 billion shares. nasdaq volume settled well above two billion shares. susie: what troubled investors about today s quarterly results were not the top line numbers, that s revenues, not the bottom line earnings. bank of america, citi and g.e. all reported second quarter earnings above analyst estimat
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