Number overall, 130,000 jobs added, that was 20,000 or 30,000 less than expected, at least, given who you were listening to. Private secretator read added 90 job. Participation rate up. 3 , thats the high since 2013 hours worked rose. 1 . That was somewhat expected it is at 34. 4. So overall your reaction overall remains market wary, if you want a job, you can get a job. Thats an amazing economy. 3. 7 we got to get used to that what im shocked at is that i hear people talking about what the tariffs would do, even previous show. Look, when smoot holly came in, we did real big tariffs before president roosevelt, really tanked the economy, or was participant in tanking the economy, bank failures, this is not bad given the fact that the president drew a line in the sand versus the chinese. I wouldnt expect it to be this strong you can say, listen, mining lost jobs well, no kidding the country has gone away from mining but what i dont like to see frankly is a big spike in healthcare that ha
I am here in nantucket. Later on throughout the weekend, you wont be hearing from them, but i hopefully will be giving you news on monday. Chris matthews, they are all here in nantucket talking big ideas. So we will bring you that throughout the next couple of hours. Becky, back to you. Looking forward to it. Andrew, well talk more in just a moment. But in the meantime, lets get everybody caught up on wall street. It is waking up to green arrows this morning, a welcomed sight for the bulls after yesterdays selloff. Take a look at what the u. S. Equity futures are doing at this point. Nasdaq futures up by 20 points on the s p futures up by just over 6 points. Volatility, definitely jumping back into the markets this week. The vix soaring nearly 18 yesterday, all the way back to above 15. 5 . It seemed as though no one was spared from the carnage yesterday. All 30 dow components finished lower. The blue chip index dropped below 17,000. This was its biggest decline in about two months. Yo
Details, they develop, well get them to you. In the meantime, we turn to the marketsws. Call it a summers rally at the end of summer. Whatever your view, surely youve got an opinion on the market rally that was sparked after announcing his exit from the fed chief race. Any of you in stocks are pretty happy with the numbers. Major u. S. Markets to the upside right at get go, the nasdaq joined the party but lost steam around 1 45 p. M. Eastern time, right now down just about four points on nasdaq. This fiveyear anniversary of Lehman Brothers bankruptcy sparking the worst of the financial crisis, today a party. Lets talk about what is up today, Allegheny Technologies higher today after it agreed to sell tungsten materials unit. It is a very rare substance, it really only exists in a couple of areas, and so it is quite valuable. Allegheny jumping nearly 9 today. Its a great day to be in the restaurant business. Five be names reaching alltime highs including lets look at bob evans farms. St
Fiscal cliff deal by the end of they year. Maryland congressman Chris Van Hollen talked with our darren gersh, and began with an update on the status of the talks. Well, the good news is that the president and the speaker of the house are now in facetoface discussions. Its always better to be talking than not. The other development is that increasingly Congressional Republicans recognize that the position that they had staked out is unsustainable. One of the arguments we hear from some democrats is that the fiscal cliff isnt really a cliff, its more like a slope and you could gradually go down it and the withholding from tax wouldnt kick in for a while and the spending cuts wouldnt hurt the economy for a while. Do you think it is good idea to go over the deliver and it is more of a slope. No, i think would be a mistake to go over the fiscal cliff because it could set in motion lots of things that could be a drag on the economy. That being said, i think if its clear that the parties wer
Fiscal cliff deal by the end of they year. Maryland congressman Chris Van Hollen talked with our darren gersh, and began with an update on the status of the talks. Well, the good news is that the president and the speaker of the house are now in facetoface discussions. Its always better to be talking than not. The other development is that increasingly Congressional Republicans recognize that the position that they had staked out is unsustainable. One of the arguments we hear from some democrats is that the fiscal cliff isnt really a cliff, its more like a slope and you could gradually go down it and the withholding from tax wouldnt kick in for a while and the spending cuts wouldnt hurt the economy for a while. Do you think it is good idea to go over the deliver and it is more of a slope. No, i think would be a mistake to go over the fiscal cliff because it could set in motion lots of things that could be a drag on the economy. That being said, i think if its clear that the parties wer