better than 5.5% and the s&p up 7.7%. so if inflation is a big worry, why are we not seeing it in the markets? didn t hear me. sorry, neil. neil: no, it s all right. we are following this. it is a bit of an anomaly that all the major market averages had appreciable gains, advances in a month it s usually scary. not just because it s the month of halloween. all of them nicely advancing. more like a rocktober. the delays do continue. william la jeunesse on that at the port of los angeles. william? retailers don t want to talk about the price changes because it would affect their pricing.
deal, you have one course of action. which is military action. all right. we have to run. rabbi, go ahead. quickly. comment on that. the washington post said north korea developed nuclear weapons with 2,000 centrifuges. iran has been left with 6,500 centrifuges. we ll leave it there. rabbi, david corn good to have you with us tonight. we ll have you back for sure. coming up the quick fix. questions still surround indiana s revised religious law. rapid response panel on that is next. stay with us. we re right back. i m hampton pearson with your cnbc market wrap. stocks in the shortened trading week with some gains. dow is up 65 points. s&p up 7. the nasdaq at 6 points. oil prices closed down nearly 2% after iran and world powers agreed on a nuclear deal framework. prices were down as much as 5% after that announcement. and jobless claims unexpectedly fell last week. dropping by 20,000.
i m courtney reagan with your cnbc market wrap. for a third straight week all three major indexes posted gains. dow climbing 35 points today. the s&p up 7. the nasdaq gaining 27 points. the fed is broadening its oversight now keeping an eye on more than just banks. ben bernanke said earlier the so-called shadow banking system is under the lens along with asset markets. and gap was a big winner for the s&p 500 thanks to a surge in sal sales at its old navy chain. that s it from cnbc. we re first in business worldwide. for now, back to hardball. welcome back to hardball. just a few days after the discovery of three women in ariel castro s cleveland home, the final victim, michelle night, released from the
the dow up 76 points today. nasdaq up 15. the s&p up 7. the markets up 5% this week alone. peter barnes of the fox business network live on capitol hill. what s really behind this rally? well, shep, stocks rose for the fifth straight day on more signs that european leaders are taking action to limit damage in the european debt crisis. the s&p 500 scored its best week since early july and as you mentioned, it was the second best week for stocks this year, shep. shepard: peter, at the same time though, we learned that personal wealth has actually fannen. yeah, the federal reserve reported today that household net worth fell by $149 billion this spring. the first decline in a year with financial assets down by 139 billion through june and real estate assets basically homes down 90 billion. this was not that big of a drop. but the current third quarter will not be pretty. economists at ihs global incite
was the sixth straight month of job growth, the most since may of last year. well, the positive report sending stocks to their highest levels of the year. it was a broad-based rally today. the dow up 57. nasdaq up 9. s&p up 7. the report also sparked an increase in oil prices. with the markets trading on the thought that an improving economy will mean more in and for energy. crude which is already at its highest level in two years up another $1.22. now $108 barrel. ouch. mike emanuel it fox top story. the trajectory of the economy is improving. shep that is correct. unemployment dropping a full point over the past four months. they like to point out here that s the best decline on the unemployment rate since 1984. but, here s the president s chairman of the council of economic advisors. listen. pg 8.8% is still too high. we still got a long way to go. but it s not a jobless recovery