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performance on wall street today. a positive jobs report was not enough to overcome worries over rapidly rising crude price prices oil prices. the dow cratered 630. down 700 at one point. the s&p 501 o5. for the week the dow gained 2 percentage points. the s&p 500 was up 1.5. the nasdaq gained three quarters of a point. let s find out what today was all about with the markets. fox business correspondent kelly o grady is in los angeles tonight with the latest. good evening, kelly. good evening to you, bret. after a strong couple of days to start off the fourth quarter earlier this week, stocks are now plummeting and driving that sell off is today s jobs report. at first glance the report is strong 263,000 jobs were added beating an expectation of 250,000. the unemployment rate also came in slightly lower than expected at 3.5%. president biden today touting the economy s performance. just look at today s jobs report. our economy created 263,000 jobs last month. that ....
that event in just a few minutes. but, first, breaking tonight, the average price for a gallon of gasoline in this country is soaring past the $5 mark, a figure never before seen in the u.s. wall street took the skyrocketing inflation hard. the dow losing almost 3 percentage points today. the s&p 500 dropping nearly 4. the nasdaq losing four and two thirds. president biden continues to put the blame on others, vladimir putin, oil companies, but an increasing number of americans are blaming president biden, according to the latest poll numbers. that is now leading many democrats to both publicly and anonymously question whether the president should seek a second term. white house correspondent peter doocy leads us off live tonight from the north lawn. good evening, peter. good evening, bret. a quick check of numbers that have changed since president biden s inauguration day, gas prices are now twice as high and the average price, the dow jones industrial average stoc ....
Economic historic economic boom that we are seeing with jobs. historic inflation? no. that is not that is that is not that is not how we are seeing the american rescue plan. pete: but the current treasury secretary janet yellen said it did contribute to inflation. larry summers says it did contribute to inflation. officials around here say none of their plans have led to higher prices. that is still putin s fault. bret? bret: peter doocy live on the north lawn, peter, thank you. here are the final numbers from wall street. the dow cratered 876 today. the s&p 500 fell 151, the nasdaq plummeted 531. let s get some analysis from david as monday from fox business. david, good evening. good evening. this is a tough day. it has been tough for a week. ....
Wandering. back on british shores filmed on a boat aisle of philly. the animal drifted on iceberg i only have 15 seconds because we had to promote jesse s book. we have to go. people saw him. he is really cute. i hop much i see him wally how i saved the world. jess jets how i saved the world. that s it for us. have a good weekend. bret: good evening, welcome to washington. i m bret baier. breaking tonight major losses for investors following a comment from the president of the st. louis federal reserve bank that inflation is more intense than expected. the dow cratered 533 points. the s&p 500 dropped 55. the nasdaq fell 151. for the week, the dow lost 3.5 percentage points for its worst week since last october. the s&p 500 was down 2. the nasdaq lost about three tenths. ....
Were reported as of yet and they are moving some assets that are prepositioned to help with some of those communities that are were hardest hit. more to come and, we will continue to follow through this show. in the meantime there was a financial storm today on wall street. the dow cratered, losing 832 points today. the s&p 500 was down 95, the nasdaq fell 316. in just the last hour, president trump is reacting to the market dropped today and is specifically talking about the interest rate hikes recently by the federal reserve. i think the fed has gone crazy, it s correction that we ve been waiting for for a long time. let s find out, what is the situation here? deidre bolton joins us from new york. what a day. and, most traders don t blame ....