Money is pulling into stocks. Bears is turning into bulls is that a warning side for the market. Big dividends why investors are given one sector a Second Chance to pay them back. Those stories and more on nightly Business Report. For thursday january 5th. Good evening everyone and welcome. Nasdaq closed at an all time high today but otherwise it was a down day for stocks. One reason retail wreckage. Holiday gloom has set in over that sector and shares of the some of the recognizable brands in retailing got slammed hard today in trading. Macys the Worlds Largest fell nearly 14 , kohls tumbled 1 making these two stocks the worst performers of all the 500 in the s p 500 today. The selling in the sector follows a number of dismal reports from those retailers which we told you about beginning yesterday. Sales slumped at the end of last year, physical stores struggled to keep pace with online retailers and its all the size mick shift happening in an industry that touches us all. Kourtney re
Money is pulling into stocks. Bears is turning into bulls is that a warning side for the market. Big dividends why investors are given one sector a Second Chance to pay them back. Those stories and more on nightly Business Report. For thursday january 5th. Good evening everyone and welcome. Nasdaq closed at an all time high today but otherwise it was a down day for stocks. One reason retail wreckage. Holiday gloom has set in over that sector and shares of the some of the recognizable brands in retailing got slammed hard today in trading. Macys the Worlds Largest fell nearly 14 , kohls tumbled 1 making these two stocks the worst performers of all the 500 in the s p 500 today. The selling in the sector follows a number of dismal reports from those retailers which we told you about beginning yesterday. Sales slumped at the end of last year, physical stores struggled to keep pace with online retailers and its all the size mick shift happening in an industry that touches us all. Kourtney re
Everyone from Social Security pensioners to bondholders. It wouldnt necessarily lead to a default. Lew urged congress to raise the Borrowing Limit. Cheryl James Bullard said the fed taper is likely less to come this month given shutdown in washington and data lag and debt ceiling fight. David imagine this, folks we had a huge rally despite the number of firsttime jobless claims soared 66,000 last month to a sixmonth high of 374,000. Officials said, the number was distorted by reporting problems in california. The effects of the partial government shut down. Again, bad news, good market rally. Cheryl u. S. Shoppers remaining cautious in the month of september ahead of the Holiday Shopping season. Thomson reuters samestore sales index rose 2. 2 . That is weaker than expected. David Liberty Media chairman john malone said Cable Companies should set up arrive val to netflix. They believe it would help the cable industry solve the problem of high costs. He is a happy man. After the bell on
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