Central bank is concerned about now. We have that on nightly Business Report for monday, october 13th. Good evening. Welcome. Columbus day was no holiday for stock investors. They sold off again and hard again. The usual stew of recent worries gets the blame slowing Global Growth, isis, ebola and now corporate earnings. They start flooding out in earnest beginning tomorrow. Todays selloff accelerated in the final hour with no discernible trigger, but as the major averages broke through some technical levels, investors pushed the indexes even lower. At the close the dow had tumbled another 223 points most of the slide coming in the last 45 minute. Nasdaq down 62, the s p 500 down by 31. Blue chip dow stocks now at a sixmonth low. Nasdaq and the s p 500 at fivemonth lows. Besides earnings season kicking into high gear, what else is causing all that turmoil in the markets . Bob pisani takes a look at three things investors are watching closely this week. We are entering the heart of earni
Now. We have that on nightly Business Report for monday, october 13th. Good evening. Welcome. Columbus day was no holiday for stock investors. They sold off again and hard again. The usual stew of recent worries gets the blame slowing Global Growth, isis, ebola and now corporate earnings. They start flooding out in earnest beginning tomorrow. Todays selloff accelerated in the final hour with no discernible trigger, but as the major averages broke through some technical levels, investors pushed the indexes even lower. At the close the dow had tumbled another 223 points most of the slide coming in the last 45 minute. Nasdaq down 62, the s p 500 down by 31. Blue chip dow stocks now at a sixmonth low. Nasdaq and the s p 500 at fivemonth lows. Besides earnings season kicking into high gear, what else is causing all that turmoil in the markets . Bob pisani takes a look at three things investors are watching closely this week. We are entering the heart of earnings season. About 75 of the comp
Not moving it these days. Also fed chair janet yellen shes already required to appear before the house and senate twice each year to test a Monetary Policy. Apparently thats not enough. Coming up, House Financial Services Committee Chair Jeb Hensarling to explain why he wants to see her double her appearances on capitol hill. Hewlettpackard and gap, well have the incident analysis of all the numbers as soon as they are released. Both those sectors. Hewlettpackard has turned out some great numbers the last cup of quarters. Gap, retail been very mixed. And hewlettpackard. David faber will join us on that one as well after the bell. First, lets get right back to this market. The dow up 17. The s p adding six points. The nasdaq 20 points. The nasdaq by far the outperformer today. Lets get to our Closing Bell Exchange for this thursday. Joining us cnbc contributeor heather hughes. How are you . Good. James lu is with us here at the new york stock exchange. Joe duran from United Capital Fina
It was streamed online. After all that i wasnt up at 11 00 p. M. I tried. I didnt think you would be. At 3,000 for the battery. Really, how much would the whole thing really cost you to buy and install . Well separate the fact from the fiction, coming up. This is the critical point. Social problems meantime linkedin, twitter, yelp all taking it on the chin after earnings reports. What tech stocks will take center stage with perhaps big moves next week. Plus a look at the pawn shop economy. The man who has his finger on the pulse of the consumer Rick Harrison will join us on the floor of the New York Stock Exchange. He has a unique perspective on the shape and strength of the economy right now, especially from the consumers perspective. Hes also brilliant. Hes a smart guy. The Great College professor you had who knew everything and had these great stories. Really looking forward to having him back on set. About an hour to go to the close. Yesterday, to close out the month of april, decl
Services produced across the economy, grew at just 0. 2 a massive deceleration from the Fourth Quarter and much worse than expected. A downgrade of the assessment of the economy leaving more questions about when the central bank will raise rates. Hampton pearson has more on the Federal Reserve statement, but we begin with Steve Liesman and the economys slow start to the year. The First Quarters weaker than expected gdp has ignited a debate on wall street and at thee over whether the economy is slowing more seriously or just working through some temporary setbacks. Severe Winter Weather in the east and port shutdowns in the west were the obvious temporary factors. But the negative effects of a stronger dollar and the decline in Oil Prices Also played a role and no one knows how long they will continue to hurt the economy. What we do know is that it was another weak First Quarter in a string of them. Its kind of a deja disaster the same thing we saw last year. We came into the First Rele