Warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as well as the one bright spot. Re
Again, but now some experts are warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as
Rico and if you think it doesnt affect you, look at your mutual fund. You may puerto rico funds and not know it. We have that and more on nightly Business Report for tuesday, october 8th. Good evening everyone and welcome. The war of words heated up and stocks and bonds cooled off again today with todays losses driven by the freezeup in washington over the debt limit and Government Shutdown, the dow shed all of septembers gains. Its down a staggering 900 points from the alltime closing high hit just three weeks ago. Thats nearly 6 and today was the worst day in six weeks for the s p 500 and nasdaq. That market fell 2 and volatility spiked to its highest level since june because there is seemingly no movement and no discussion between president obama and House Speaker boehner over the reopening of the government and averting a federal default in nine days time. Here is how the president characterized the stakes in the press room this afternoon. A decision to actually go through with it,
Rico and if you think it doesnt affect you, look at your mutual fund. You may puerto rico funds and not know it. We have that and more on nightly Business Report for tuesday, october 8th. Good evening everyone and welcome. The war of words heated up and stocks and bonds cooled off again today with todays losses driven by the freezeup in washington over the debt limit and Government Shutdown, the dow shed all of septembers gains. Its down a staggering 900 points from the alltime closing high hit just three weeks ago. Thats nearly 6 and today was the worst day in six weeks for the s p 500 and nasdaq. That market fell 2 and volatility spiked to its highest level since june because there is seemingly no movement and no discussion between president obama and House Speaker boehner over the reopening of the government and averting a federal default in nine days time. Here is how the president characterized the stakes in the press room this afternoon. A decision to actually go through with it,