York stock exchange. Hi, sue. Hi, ty. Were going to start with jobs in america on the eve of the jobs report. Jobless claims up 14,000 last week to a seasonally adjusted 344,000, higher than expected. The challenger report said job cut announcements were up 17 in april. But then the institute for supply managements Employment Index rose. So bob pisani is joining me right here on the floor of the new york stock exchange. Were near alltime highs on the Dow Jones Industrial average, just about to turn positive again. First, though, to senior economics reporter Steve Liesman on the jobs. Stevie, over to you. Hey, sue, thanks. Most economists out there are pretty optimistic about the friday jobs report. Well get to the forecast in just a second. Want to sew you that ism april manufacturing component that you just talked about. You can see that little winter swoon and popping back up in april. Not back to the best levels of later last year, but certainly ticking up at a good sign for manufac
Both sides in this conflict are criticizing the United States. Yousuf gamal eldin joins us from cairo with the latest. We have been hearing about the escalating numbers of those who have been injured and killed in the situation. It sounds like it is getting much more tense. Absolutely, becky. A lot of tension this morning here in downtown cairo as the Muslim Brotherhood calls for a million man march, basically, for their supporters to take up arms, to step up against Security Forces. Now, we have seen military activity as well in the morning, even though the curfew is over. Tanks have taken up position right below us. Four of them at least. And theyre blocking basically access road to Tahrir Square. The epicenter of the political changes we have seen in egypt over the last two or three years or so. Very symbolic part of the city, which they are now cordoning off, basically in anticipation of these large protests. We are currently hearing the preparations for friday prayers. Theyre abou
The public disagreement within the Federal Reserve over what it should do next. We have all that and more on the nightly Business Report for friday, october 17th. Good evening, everyone, and welcome. Rarely in recent years has the friday been so welcome on wall street. And this thankfully for the most part was a friday of healing for stocks after a week that laid bare practically every one of the markets vulnerabilities. Today, the Dow Jones Industrial average ended a sixday losing streak, a slide marked by the kind of turbulence that investors had not seen in years. It shot up, pushed by strong earnings, good Economic News and fierce rally overseas in european stocks. All 30 dow blue chips ended in the green, the nasdaq gained 40 s ps, fourth week in a row of losses, the dow fell a percent, the nasdaq down a half percentage point, the s p lost a percent. By the way, for the tenyear treasury it took a Magical Mystery Tour for its own this week before ending with a yield of 2. 2 , where
The public disagreement within the Federal Reserve over what it should do next. We have all that and more on the nightly Business Report for friday, october 17th. Good evening, everyone, and welcome. Rarely in recent years has the friday been so welcome on wall street. And this thankfully for the most part was a friday of healing for stocks after a week that laid bare practically every one of the markets vulnerabilities. Today, the Dow Jones Industrial average ended a sixday losing streak, a slide marked by the kind of turbulence that investors had not seen in years. It shot up, pushed by strong earnings, good Economic News and fierce rally overseas in european stocks. All 30 dow blue chips ended in the green, the nasdaq gained 40 s ps, fourth week in a row of losses, the dow fell a percent, the nasdaq down a half percentage point, the s p lost a percent. By the way, for the tenyear treasury it took a Magical Mystery Tour for its own this week before ending with a yield of 2. 2 , where
The public disagreement within the Federal Reserve over what it should do next. We have all that and more on the nightly Business Report for friday, october 17th. Good evening, everyone, and welcome. Rarely in recent years has the friday been so welcome on wall street. And this thankfully for the most part was a friday of healing for stocks after a week that laid bare practically every one of the markets vulnerabilities. Today, the Dow Jones Industrial average ended a sixday losing streak, a slide marked by the kind of turbulence that investors had not seen in years. It shot up, pushed by strong earnings, good Economic News and fierce rally overseas in european stocks. All 30 dow blue chips ended in the green, the nasdaq gained 40 s ps, fourth week in a row of losses, the dow fell a percent, the nasdaq down a half percentage point, the s p lost a percent. By the way, for the tenyear treasury it took a Magical Mystery Tour for its own this week before ending with a yield of 2. 2 , where