captioning sponsored by wpbt we hadn t had consecutive quarters of such economic retraction since the great depression. so we ve got a tremendous hole to fill. stocks tumbled on words from the white house that the recession s job losses could be worse than thought. the blue chips tumbled 268 points to just above the 10,000 level. debt woes in greece, spain and portugal adding to the selling. we asked sue schweitzer for stu schwider for insight. we are watching nightly business report. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. a serious stock market sell off today. the dow tumbled 268 points, barely closing above 10,000, the nasdaq dropped 3%, the s&p 500 fell 34. tom: susie, the white house warned tomorrow s jobs report will include a massive revision, showing mo
captioning sponsored by wpbt we hadn t had consecutive quarters of such economic retraction since the great depression. so we ve got a tremendous hole to fill. stocks tumbled on words from the white house that the recession s job losses could be worse than thought. the blue chips tumbled 268 points to just above the 10,000 level. debt woes in greece,spain and portugal adding to the selling. we asked sue schweitzer for stu schwider for insight. we are watching nightly business report. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. a serious stock market sell off today. the dow tumbled 268 points, barely closing above 10,000, the nasdaq dropped 3%, the s&p 500 fell 34. tom: susie, the white house warned tomorrow s jobs report will include a massive revision, showing mor
how the bankmake money and the big question on investors mds is what they lsay about credit ality and demand. i m hoping for good news. susie: and also fm the technologyector. intel repos on thursday. wh do you like the tech sector? iike the tech sector for two key reasons. first of all, technogy s important and i see upgring as a basis for them cutting costs anstaying competitive themselves and second tre s a product cycle underway which i think ought toe positives. the stks have gone up a lot and estimates with them. it will be changing toeat a i think the tech sector will continue connue to beat expectations susie: and a sect not doing as wl, energy stocks. energy companies. energy is tale of two cities. you have high oilrices nefitting the exploration of and service compaes but you have t refiners. at the gas pp whil the crude pricesave gone up the prices ven t gonepper portion nalie show refiners are getting hurt. susie: real quickly,n vefrtz cnting on goo
how the bas make money and the big question on investors inds is what theyl say about credit quality and demand. i m hoping for good news. susie: and alsorom the technolo sector. intel rerts on thursday. at do you like the tech sector? like the tech sector for two key reasons. first of all, techlogy s important and i see upading as a basis f them cutting costs d staying competitive themselves and secolyhere s a product cycle underway which i think ought be positives. the ocks have gone up a lot anthe estimates with them. it will be changing beatnd i think the tech secto will continue ctinue to beat expectations susie: and a seor not doin asell, energy stocks energy companies. energy a tale of two cities. you have high oil prices benefitting the explorati of and servic comnies but you havehe refiners. at the gasump whe the crude pric have gone u the price haven t gone upper portion talie show refiners are getting hurt. susie: real quickly, in vefrtzounting on goo