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Raising hopes for more Strong Bank Earnings this week. Heres a look at the closing numbers for the major averages. The dow closed back above the key 17,000 mark. The nasdaq was up 26 and the s p added nine points. Details on the better than forecast earnings from citigroup. With the bank putting those soured investments behind it, investors dove in on citi. Kayla has more on what it means moving forward. Reporter the Bank Earnings may be low, but citigroup cleared it in the second quarter, with a heavy profit beat and rise in revenues too. Trading activity that improved slightly in june. Johnny gersbachs drop of only 15 as it happened looked relatively better. Even with the drop, the bank can operate well. I think we spend an awful lot of time focused on whats going on in markets. So i think there are some legitimate questions goingforward as far as markets, the rest of ....
Technology. Back to school, yes, its july and yes, retailers are starting their sales on notebooks and pens and with good reason. We have that and more tonight on nightly Business Report for wednesday, july 10th. Good evening everyone. A very busy news day, especially late in the day. If you thought the markets fascination with the Federal Reserve and chairman ben bernanke was over, you thought wrong. Tonight speaking to economists in massachusetts he says the economy still needs help and the data show the feds current accommodative policy is needed for the foreseeable feature. On that news, bonds and sock futures rose and the dollar fell and the market twitched slightlierlier in the day when the fed released minutes from the june meeting. Those records show a much more sharply divided fed than previously thought, about half the officials thought the fed could end its bond ....
Raising hopes for more Strong Bank Earnings this week. Heres a look at the closing numbers for the major averages. The dow closed back above the key 17,000 mark. The nasdaq was up 26 and the s p added nine points. Details on the better than forecast earnings from citigroup. With the bank putting those soured investments behind it, investors dove in on citi. Kayla has more on what it means moving forward. Reporter the Bank Earnings may be low, but citigroup cleared it in the second quarter, with a heavy profit beat and rise in revenues too. Trading activity that improved slightly in june. Johnny gersbachs drop of only 15 as it happened looked relatively better. Even with the drop, the bank can operate well. I think we spend an awful lot of time focused on whats going on in markets. So i think there are some legitimate questions goingforward as far as markets, the rest of ....
Mega deals get done, well take you there and tell you what is being discussed by media and technology. Back to school, yes, its july and yes, retailers are starting their sales on notebooks and pens and with good reason. We have that and more tonight on nightly Business Report for wednesday, july 10th. Good evening everyone. A very busy news day, especially late in the day. If you thought the markets fascination with the Federal Reserve and chairman ben bernanke was over, you thought wrong. Tonight speaking to economists in massachusetts he says the economy still needs help and the data show the feds current accommodative policy is needed for the foreseeable feature. On that news, bonds and sock futures rose and the dollar fell and the market twitched slightlierlier in the day when the fed released minutes from the june meeting. Those records show a much more sharply divide ....
Stu studying, there is no collusions between us and the russians. There is been collusions between Hillary Clinton and the dnc and the russians and people dont cover that very much. The only collusion is between hillary and the russians and the dnc and the russians and one of those things. That was the public President Trump earlier in private and on twitter he lashed out again at that new book that paints the oval office in a not flattering light. A report suggested himself that hes not a mental person. The president referring to himself as a quote, very stable genius. Thats right, the president making news on multiple fronts and not only backing his attorney, attorney general Jeff Sessions. But, also appraising of direct talks of north and south korea and sending message to democrats saying there is not a legal soluti ....