In fact, stocks just logged their best month. Not just october but any month in four years. The dow and s p 500 gaining more than 8 for the month while the nasdaq surged nearly 9 1 2 . Investors attributed the big runup to mostly Solid Earnings reports and easy Monetary Policy from Central Banks around the world. As for today the Dow Jones Industrial average fell 92 points to 17,663. The nasdaq fell 20, and the s p 500 off 10. An 8 move in the dow in october is a relatively rare event, and that begs the question what now . Does this set up the market for a run into the rest of 2015 or will the rally turn into a pumpkin . Dominick chu takes a look. Reporter it may or may not be hard to believe but were now just two months away from capping off one of the more eventful years for the stock market in recent memory. And the up trend, though, could continue. According to Market Data Firm kensho, before this year theres only been four times since 1980 when the month of october has gained more
In fact, stocks just logged their best month. Not just october but any month in four years. The dow and s p 500 gaining more than 8 for the month while the nasdaq surged nearly 9 1 2 . Investors attributed the big runup to mostly Solid Earnings reports and easy Monetary Policy from Central Banks around the world. As for today the Dow Jones Industrial average fell 92 points to 17,663. The nasdaq fell 20, and the s p 500 off 10. An 8 move in the dow in october is a relatively rare event, and that begs the question what now . Does this set up the market for a run into the rest of 2015 or will the rally turn into a pumpkin . Dominick chu takes a look. Reporter it may or may not be hard to believe but were now just two months away from capping off one of the more eventful years for the stock market in recent memory. And the up trend, though, could continue. According to Market Data Firm kensho, before this year theres only been four times since 1980 when the month of october has gained more
In fact, stocks just logged their best month. Not just october but any month in four years. The dow and s p 500 gaining more than 8 for the month while the nasdaq surged nearly 9 1 2 . Investors attributed the big runup to mostly Solid Earnings reports and easy Monetary Policy from Central Banks around the world. As for today the Dow Jones Industrial average fell 92 points to 17,663. The nasdaq fell 20, and the s p 500 off 10. An 8 move in the dow in october is a relatively rare event, and that begs the question what now . Does this set up the market for a run into the rest of 2015 or will the rally turn into a pumpkin . Dominick chu takes a look. Reporter it may or may not be hard to believe but were now just two months away from capping off one of the more eventful years for the stock market in recent memory. And the up trend, though, could continue. According to Market Data Firm kensho, before this year theres only been four times since 1980 when the month of october has gained more
Came two speeches from arguably the two most powerful central bankers in the world. And their stories were very, very different. Federal reserve chair Janet Yellens highly anticipated speech described an improving u. S. Job market albeit one that is improving slowly, and an economy that is making progress. But her european counterpart, mario draghi, described the euro area economy as one that is sick, and made clear that the u. S. And europe are on very different economic paths. But those werent the only headlines out of the symposium. Something happened there in jackson hole today that has never happened before. Protests. Steve liesman has more. Reporter under the shadow of the cloud shrouded ground tetons fed chair janet yellen and ecb president mario draghi addressed the bankers in jackson hole and their speeches spoke of growing differences in their Interest Rate policies and economies. In fact, zradraghi noted in his speech that the paths of u. S. And european monetary policies. D
Came two speeches from arguably the two most powerful central bankers in the world. And their stories were very, very different. Federal reserve chair Janet Yellens highly anticipated speech described an improving u. S. Job market albeit one that is improving slowly, and an economy that is making progress. But her european counterpart, mario draghi, described the euro area economy as one that is sick, and made clear that the u. S. And europe are on very different economic paths. But those werent the only headlines out of the symposium. Something happened there in jackson hole today that has never happened before. Protests. Steve liesman has more. Reporter under the shadow of the cloud shrouded ground tetons fed chair janet yellen and ecb president mario draghi addressed the bankers in jackson hole and their speeches spoke of growing differences in their Interest Rate policies and economies. In fact, zradraghi noted in his speech that the paths of u. S. And european monetary policies. D