We have that and more tonight on nightly Business Report for this tuesday, december 3rd. Good evening everyone and welcome. Im tyler mathisen. Remember how great the month november was for stock investors, records and consecutive weeks of gains . Hold that thought because so far december has gone the other way. Fast. In fact, the dow and s p 500 today ended lower for a Third Straight session. Logging their biggest threeday decline in two months. Some on wall street say stock prices are too high and they are taking profits and there is a pull back and this is the start of it, or maybe Consumer Spending, soggy so far this Holiday Season or the feds seeing the blowout auto sales . Well start pairing back on stimulus soon. Whatever the reason the market sold off again today. The dow ending well off the lows of the session, however, nevertheless down 94 points and closing below 16,000, as you see there. The nasdaq was down eight and the s p 500 lost five dipping back below the 1800 mark. Cr
Status quo in the East China Sea. Those are just some of the stories we are covering on tonights pbs news hours. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. The william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill the president sought to shift the focus today, away from whats gone wrong with implementing the Health Care Law to whats gone right. He said the benefits are being overlooked amid problems with the web site and policy cancellations. But insurers still warn theyre getting unusable data. Well have a full report on the president s new p. R. Push right after the news summary. The university of notre dame over t
Science. What changes need to be made to ensure future generations can compete in a Global Economy . We have that and more tonight on nightly Business Report for this tuesday, december 3rd. Good evening everyone and welcome. Im tyler mathisen. Remember how great the month november was for stock investors, records and consecutive weeks of gains . Hold that thought because so far december has gone the other way. Fast. In fact, the dow and s p 500 today ended lower for a Third Straight session. Logging their biggest threeday decline in two months. Some on wall street say stock prices are too high and they are taking profits and there is a pull back and this is the start of it, or maybe Consumer Spending, soggy so far this Holiday Season or the feds seeing the blowout auto sales . Well start pairing back on stimulus soon. Whatever the reason the market sold off again today. The dow ending well off the lows of the session, however, nevertheless down 94 points and closing below 16,000, as yo
Rich edson, thank you. Adam Meridian Equity Partners on the floor of the New York Stock Exchange. Thank you for joining us. It is good to see you. How do you make heads and tails of this back and forth. Is this just posturing . It is this typical actions we see come out of washington and the market has the typical reaction to that kind of movement. We have two parties that are posturing as to how this is going to play out. It seems to us this is not going to get accomplished in time, this is going to go through the deadline. We are hoping soon after that there will be some sort of solution it in place. The big question is if we go through that timeline, what happened to the market . That has helped our market right now find where its range needs to be at this point. If we do go through this deadline at the market seem seeo take that as very negative news, we will see a retracement in this market but my standing as they built enough into this market so if we take a step back, over a per
Can have economic relations with india. And theres so much we can do together by announcing a trade and economic ties with each other. Prime minister, thank you very much. We are out of time unfortunate the Prime Minister has a scheduled to keep. I want to thank him for being here. Thank you for being here, and invite jim marshall to the stage again for a brief presentation. Thank you very much. [inaudible] [laughter] we try to be. Spent thank you all. If you would remain seated while the official party leaves. Thank you all for coming. [applause] [inaudible conversations] [inaudible conversations] legs and stomach, please edit from the please exit from the upper level of the auditorium. [inaudible conversations] [inaudible conversations] [inaudible conversations] we have more live coverage coming up thursday. The house energy and Commerce Committee will hold a hearing to take a look at the invitation of the Health Care Law and the challenges faced with the enrollment process in the In