Gains and losses for much of the day before surging in the final hour of trading. The dow travelled 5500 points in total when you add up all the moves. With yesterdays rally the dow and nasdaq recovered about half of mondays losses show you whats happening in asia. S generally improved asian markets were mixed, flat hang seng lower by almost 1 shanghai off by 1. 2 europe this morning, positive across the board gains of a half percent generally. Lets go show you whats going on with the yields which has been so interesting in the wake of that wage data on friday the 30year is yielding 3. 03 . Tenyear note at 2. 7 2. 76 we had gotten up to 2. 88 on monday that led to a lot of selling its a key level well talk a lot about as we move through the morning. Fiveyear note at 2. 49 the twoyear at 2. 0. Well have more on the markets as you can imagine in just a moment we have also a breaking Corporate News story making a lot of waves steve wynn is now officially out as ceo of his Company Followin
Enough in its recall of more than 1 million cars and the issue could prove costly. We have all that and more tonight on nightly Business Report for this thursday, february 27th. Good evening, everyone. Im susie gharib. And im bill griffeth. Look forward to an interview. Meantime soothing words today from janet yellen, new chair of the Federal Reserve to testified today before the Senate Banking committee about the strength of the u. S. Economy right now. That sent the s p 500 to a new record closing high today. Ms. Yellen told lawmakers and wall street that she is staying the course right now. She will continue to taper back on the Central Banks asset buying Stimulus Program and keep record low Interest Rates right where they are. But shes also keeping an eye on whether the winter unrelenting snow and bitterly cold temperatures have been responsible for the slowdown in job growth and Consumer Spending that weve seen, or if theyre indicate of a larger longterm problem in the economy. Th
Enough in its recall of more than 1 million cars and the issue could prove costly. We have all that and more tonight on nightly Business Report for this thursday, february 27th. Good evening, everyone. Im susie gharib. And im bill griffeth. Look forward to an interview. Meantime soothing words today from janet yellen, new chair of the Federal Reserve to testified today before the Senate Banking committee about the strength of the u. S. Economy right now. That sent the s p 500 to a new record closing high today. Ms. Yellen told lawmakers and wall street that she is staying the course right now. She will continue to taper back on the Central Banks asset buying Stimulus Program and keep record low Interest Rates right where they are. But shes also keeping an eye on whether the winter unrelenting snow and bitterly cold temperatures have been responsible for the slowdown in job growth and Consumer Spending that weve seen, or if theyre indicate of a larger longterm problem in the economy. Th
Enough in its recall of more than 1 million cars and the issue could prove costly. We have all that and more tonight on nightly Business Report for this thursday, february 27th. Good evening, everyone. Im susie gharib. And im bill griffeth. Look forward to an interview. Meantime soothing words today from janet yellen, new chair of the Federal Reserve to testified today before the Senate Banking committee about the strength of the u. S. Economy right now. That sent the s p 500 to a new record closing high today. Ms. Yellen told lawmakers and wall street that she is staying the course right now. She will continue to taper back on the Central Banks asset buying Stimulus Program and keep record low Interest Rates right where they are. But shes also keeping an eye on whether the winter unrelenting snow and bitterly cold temperatures have been responsible for the slowdown in job growth and Consumer Spending that weve seen, or if theyre indicate of a larger longterm problem in the economy. Th
Time since 2012. Maybe stocks are slowing because of the hunt for yield, the tenyear treasury note below 2. 6 . Whats that sound . It is realtors dancing as Mortgage Rates are likely to fall back again. Europe as you can see with the exception of what looks to be switzerland or lichtenstein is down. Our road map begins with apple and one very large acquisition. Talks to buy beats headphones, dont forget the streaming service for 3. 2 billion and create the first hiphop billionaire, we will address some skepticism from the street. And getting divorced before they got married. Publicist and omnicon calling off their merger. Ugly breakup in the ad industry. Somebody call john ham. Ralph lauren and the gap out with results. Ralph lauren beat, warning about shrinking margins. Ralph waging its Global Expansion at the begin of margins. Were calling it straight out of cupertino. Apple in talks to buy beats, the streaming Music Service founded by producer dr. Dre and jimmy i owe veen. Surprise