back to 160, 170, somewhere in there. if tomorrow s jobs numbers from here at the labor department come in lower than expected, look for businesses and investors to start to worry about still another soft patch for the economy. for nightly business report, i m hampton pearson, in washington. well, what happens with the economy will shape what is next for stocks. joining us to talk about what we can expect, bruce kazman, and bob doll. gentlemen, welcome to you both. bruce, let me begin with you in asking you about the economy. you say you re a half glass full kind of guy on this topic. but what do you say to the critics who say that the economy is slowing down there. is some bad data coming, and this isn t going to be good for the stock market? well, i think we came into the year with a real surprise to the upside. there were some temporary lifts to growth. consumers proved more resilient than the face of tax increases. the first quarter is tracking about 3.5% growth.
and heading home. facebook hopes its new software will be all the rage in the mobile telephone industry. all that and more coming up. good evening, everyone, and welcome to our public television viewer. susie, welcome back, number one. number two, several crosscurrents in the market today. absolutely. and you know, tyler, it was kind of a wait and see kind of day today on wall street as investigators sorted through mixed economic reports here at home and outside the united states. in the job market, first-time unemployment claims came in higher than expected. they rose by 28,000. that raised concerns that tomorrow s employment report could show that american businesses weren t doing much hiring in march. meanwhile, investors were encouraged by some news from japan. its central bank is launching a program to stimulate the japanese economy through a bond buying program. while stocks rallied in japan, and some of that enthusiasm spread to wall street, with the major stock aver
back to 160, 170, somewhere in there. if tomorrow s jobs numbers from here at the labor department come in lower than expected, look for businesses and investors to start to worry about still another soft patch for the economy. for nightly business report, i m hampton pearson, in washington. well, what happens with the economy will shape what is next for stocks. joining us to talk about what we can expect, bruce kazman, and bob doll. gentlemen, welcome to you both. bruce, let me begin with you in asking you about the economy. you say you re a half glass full kind of guy on this topic. but what do you say to the critics who say that the economy is slowing down there. is some bad data coming, and this isn t going to be good for the stock market? well, i think we came into the year with a real surprise to the upside. there were some temporary lifts to growth. consumers proved more resilient than the face of tax increases. the first quarter is tracking about 3.5% growth.