Nightly Business Report for friday, october 10th. Good evening, everyone, another brutal day of selling on wall street. Not only did the dow turn negative for the year and suffer its third triple digit loss of this week, the nasdaq also had a rare triple digit decline. The main reason here . Semiconductor stocks, Microchip Technology fell after warnings in the industry, featuring a selloff like intel and texas instruments, stocks sold off into the closing bell after another up and down session, the dow lost 115 points, the nasdaq fell 102 points posting its first backtoback 2 decline in three years and the s p down 22 points. So far this month the dow has moved more than 2,000 points just in the last eight trading days. And for the week, the major averages ended for the third low in a week, the nasdaq off by 4. 5 and the s p slipped more than 3 . So what should investors like you do to protect your portfolio in these volatile markets . Sharon epperson has advice from the experts. Hi, t
Nightly Business Report for friday, october 10th. Good evening, everyone, another brutal day of selling on wall street. Not only did the dow turn negative for the year and suffer its third triple digit loss of this week, the nasdaq also had a rare triple digit decline. The main reason here . Semiconductor stocks, Microchip Technology fell after warnings in the industry, featuring a selloff like intel and texas instruments, stocks sold off into the closing bell after another up and down session, the dow lost 115 points, the nasdaq fell 102 points posting its first backtoback 2 decline in three years and the s p down 22 points. So far this month the dow has moved more than 2,000 points just in the last eight trading days. And for the week, the major averages ended for the third low in a week, the nasdaq off by 4. 5 and the s p slipped more than 3 . So what should investors like you do to protect your portfolio in these volatile markets . Sharon epperson has advice from the experts. Hi, t
Friday, october 10th. Good evening, everyone, another brutal day of selling on wall street. Not only did the dow turn negative for the year and suffer its third triple digit loss of this week, the nasdaq also had a rare triple digit decline. The main reason here . Semiconductor stocks, Microchip Technology fell after warnings in the industry, featuring a selloff like intel and texas instruments, stocks sold off into the closing bell after another up and down session, the dow lost 115 points, the nasdaq fell 102 points posting its first backtoback 2 decline in three years and the s p down 22 points. So far this month the dow has moved more than 2,000 points just in the last eight trading days. And for the week, the major averages ended for the third low in a week, the nasdaq off by 4. 5 and the s p slipped more than 3 . So what should investors like you do to protect your portfolio in these volatile markets . Sharon epperson has advice from the experts. Hi, tyler, it has been a rough we
Nikkei, first time in 20 years they hit that spot. Chinese shares also getting a wind of productivity this week as we see mainland investors crash into hong kong as well. Clearly they are on a bit of a role when it comes to equities. Yesterday it was all about the factory industrial reduction looking pretty rosy up half a percentage point. Just a little moved to see how we are doing, generally it is flat against the dollar. Interesting as we suddenly see a little bit of relief into what is coming out of varoufakis lips. He seems far more conciliatory when it comes to their negotiations with europe. With the dollar lets look at it on the week, because we are up on it comes to the dollar, up almost 2. 7 . The first weekly gain in a month. Refocusing and we will still see that disparity in central banks. In europe we will see stimulus aplenty and we are still continuing to expect rate rises later this year as the dollar drives higher. The u. S. Treasuries an interesting move, just down a
And it is compelling. So, i also want to underscore that while investigators are gathering additional evidence on the ground, our understanding of what has already happened in syria is grounded in facts, informed by conscience and guided by common sense. Uncertainty about the possible military action against the Syrian Government is helping lift Oil Prices Near a fivemonth high. And also, some new numbers on the massive california rim wildfire that continues to burn out of control. Crews now have 20 of the fire contained. Thats the good news. But its still fanning out across the mountains in multiple directions, and the forecast calls for strong winds over the next couple of days, so that has some people anxious as well. In the meantime, im going to send it over to kayla with corporate headlines. Kayla . Hey, andrew, its a big morning for earnings, a lot of company news. Bill ackman has sold his stake in jcpenney after his campaign to overhaul the retailer failed. He sold approximately