Seen in the dow just since yesterdays highs. We talked yesterday about the outside reversal we had and what that meant technically. Art cashin among others really focused on what this has looked like from a trading point of view even as people are arguing about the fundamentals and speaking of which, lets talk about a couple wacky things going on in this marnth. Ket. Well get you all angles covered. Why are mining stocks being routed . How come retail sales look so weak when gas prices are so low . Will europe come to the rescue next week with their version of quantitative easing . And does all of this add up to a global economy, bill thats healthy or in trouble . Let me show you the stock market and then we can talk about oil as well. The dow industrials as we said down 258 right now, a decline of almost 1. 5 . S p down 21 points. Decline of more than 1 at this hour. The nasdaq is doing better than the three. Down 39 points or about 0. 85 at 4622. Show you oil very quickly. Late today
Warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as well as the one bright spot. Re
Again, but now some experts are warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as
Again, but now some experts are warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as
Warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as well as the one bright spot. Re