And of course, the latest lightest volume of the year yesterday, and the fed may respond to dday later at the fe meeting. And today, the publisher newspaper business, the post and can he do for papers what he has done for books . And the big black and blue ibm shares falling under Credit Suisse. And michael kors up strongly after sales, but American Eagle outfitters are losing altitude after issuing a profit warning they post in a couple of weeks. Meanwhile, a stunner the world of media, Washington Post selling the Newspaper Publishing businesses including amazon to jeff bezos, and Julia Boorstin has more on that blockbuster deal. This news took everyone including editors and writer at the post by surprise. The Washington Posts Company Whose name will change saw the stock rise with caplan tech being sold and now what the billionaire icon plans to do with the newspaper. Jeff bezos stressed what a newspaper plays in a free society, and he says that the newspapers duty remain s s to reade
Thanks very much. The dow down again today. Hit its lows about 11 00 and then i got in the car to come down here and then it started to come back. Each passing block, as i drew nearer, the dow industrials rose a little higher. Nonetheless, down about 82 points, about half a percent over the past couple of days. Were town 1 . 15,530. 19, well above 15,000, up about 18 year to date as you see on that chart. Lets take a look at the s p and see where it stands, down again half a percent at 1699, nipping below 1,700. The nasdaq off 22 points, twothirds of a percent and the russell, after sort of high after high at 1053 right now, down 9. 99 points. Tenyear note, there you see the yield at 2. 66 and change, and gold down 19 an ounce at 1,282. Thats the first time below that i guess below 1300 in a couple of weeks for gold. Lets get some of the trading action here with bob pisani. A little fed speak, a little whatever. Believe it or not, this is practically the weakest day since the end of ju
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