Defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or so, its worst showing in any
Turbulence and transition, defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or s
Defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or so, its worst showing in any
Currently, it is down just slightly, but still the elevated levels hovering at just 26. Last week it hovered at 36 which gave some investors pause. The dow is down about 6 in august. The s p is off just about 5. 5 . The nasdaq is down close to 6 as well. Year to date, though, the nasdaq is actually the only major average that is positive by close to 2 . So far, this year. Certainly, a decidedly different trade for the nasdaq on the year. Biotech, some of the highflying tech is helping that. But a 2 gain can be fixed quickly as volatility continues. If its up 100, are we going to say its unchanged . I mean, its nothing, right . It was basically unchanged. 100 points, lets get the latest out of china. Overnight, the central bank injecting 220 billion. And now beijing abandoning the chinese stock market on largescale share purchases. Instead, the paper says chinese efforts will step up efforts to find and punish those destabilizing the market. The benchmark shanghai composite closing down
Stay wednesday, march 18, 2015. Announcer from nbc news this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning everyone. Welcome to today on a wednesday morning. You may be enjoying your coffee. If you like to get it from starbucks you might be interested in this. They are causing a stir on line. There is a new campaign the coffee giant offering something extra with your latte. Its definitely stirring controversy. People weighing in on both sides, good and the bad. Well tell you more about that later on. Lets get to the top story on a wednesday morning. The phone calls to the u. S. Embassy in japan threatening to kill Caroline Kennedy. Katy tur has the latest on this. Officials are not taking this lightly. Not at all. The calls reportedly came in from somebody speaking english. Caroline kennedy, daughter of jfk, assumed the post in 2013. She is obviously a very high profile figure over there. And with the violent attack on another u. S