Forbes Media News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Forbes media. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Forbes Media Today - Breaking & Trending Today
Concerns about jobs and especially about the coronavirus. Well talk about it all. Im connell shane, welcome to after the bell on a friday, and its time for the news thats happening at this hour. Our fox Business Team coverage, blake burman at the white house, Edward Lawrence is in washington, jer true willis in new york. Edward, we kick it off with you and the details on the jobs report. Reporter theres still some growth, plus looking forward to stimulus. Thats what the markets like. In november the economy added 245,000 jobs, almost half as much as the the experts thought. The unemployment rate, though, dropped to 6. 7 , well below what the federal are serve estimated from last summer. Now, the administration saying this is a fundamentally strong economy, and were moving very quickly in the right direction. Listen. President trump has always add slow e candidated keeping adv ....
The nasdaq holds in the green up by a quarter of 1 for the week and all week long stimulus uncertainty has been hanging over this market and on that point the president elect joe biden is meeting this afternoon, nancy pelosi and Chuck Schumer, we will have more on that in the other meeting that were going to watch very closely this hour, President Trump has invited a group of state legislators from michigan into the white house. I am connell mcshane, welcomed after the bell we have a lot going on in his time to get straight to the news happening at this hour. Lauren simonetti, blake burman and Hillary Bonner standing by to cover the news, we start with you lauren on the latest figures on the virus, what are we seeing . Their moving in the wrong direction, the grid numbers coast to coast, new u. S. Pieces topping 100,000 ....
Yesterday from those companies, the reaction today, apple slammed by falling iphone sales, but you might remember the company was relatively optimistic for the iphone 12. That said, not a good day for the tech stocks today. Now, for the week, the market really had a rough week. The dow down 6. 5 , so thats almost 2,000 points. It was at one point, 1800 at the close. The s p and the nasdaq both down more than 5 apiece for the week, so its the worst week since march, also the worst month since march for the market. The dow down more than 4 percent for october, 4. 6. The s p and nasdaq also off for the month a little less than 3 . Theyre all red for the second month in a row. So thats where we are. Now, the s p since the 3rd of august is something weve been tracking as well. Well get back to that in one moment. The president is speaking before he boards the plane. Lets listen to this, and well get back to the market. And since 1972, but i think were of a good chance. Theres tremendous its ....