Yesterdayramatic selloff rippled through the financial market. Ocks dropped sharply at the open. Then they only to fall, and soar again. In the biggest comebackor the s p 500 since 2011. Lets get right to thelong numbers. The Dow Jones Industrial average rose 560 points to 12, 912. Get this. At the open, the index immediately fell 567. There issing is something about6 think about that when you play the numbers. The nasdaq add 148. The s p 500 was up 46. Investors blamed the vol on intrarate concerns. Computer driven trading, and object structure volatility funds that use leverage. Bob pisani nowlo with a at todays action from the new york stock exching. Talk abonother roller coaster ride for the stock market. The dow tumbled 560 points but reversed course. At the end of the day, the dow travelled at more than 1,000 point rang we havent seen have tilt like that in all of 2071. The dow hit correction territory earlyon. We were down 10 from recent high. But at the close it managed to top
Pretty much across the board. Theyre doing particularly well, we should say, in spain, and finally, if you are buying wti crude by the barrel this morning, the price tag is going to cost you 46. 84 its 600 million for the right shoe, and 600 million for the left shoe. Have you ever bought these things how much do those cost, and my wife says 400 i say thats not bad per shoe i was going to say, that is a mass i sale at 400. This 1. 2 billion is really drars 600 million for one shoe and 600 million for the right one they are pretty cool. I mean, i dont theyre beautiful shoes. I dont want to think about them as a do you know about rent the runway no. Can you rent shoes . Thats a good idea. These things are so expensive, right, and then we have two german shepherds, which doesnt help, obviously. Are the dogs being walked in the no, you leave your shoes around i thought that 1. 2. Its a great name. It is. Very high. It can help michael kors. A lot of respect in my house. I have them in my b
To have Going Forward. Lets get a check on the markets. Julie hyman is standing by. Have at least some of the downdraft today having to do with some of the earnings reports we have gotten. The dow falling the most of the three major averages, down one half of 1 . Transportation is a big part of the story. On pacific, the lard was the largest publicly traded railroad in north america. Shares down 3 . Profit spell and shares down 12 , and the company said Going Forward that plunging consumer demand and a strong dollar will be a consistent drag. You can look at the carload on the bloomberg. I am looking at yearoveryear decline or advances in the various types of carloads. The purple is coal. We have seen continuing declines in cold. In coal. You are seeing declines in the other areas, everything but agriculture. Other modes of transportation as well. All of that falling. Union pacific has to take pretty drastic measures. It has 33 workers on furlough. It has stored 1700 locomotives to shr
States, is expected to depart from orange texas heading back to louisiana where he will soon Board Air Force one en route back to washington. The president getting a firsthand look at the devastation along the gulf coast, fierce winds completely leveling some neighborhoods. Even hundreds of thousands of people without water or electricity. Fox team coverage, charles but first, to david live at the white house. A lot of difficult few days for thousands of people in texas and louisiana. Devastating images coming out of the resident jump during a neighborhood in lake charles, louisiana, one of the hardest areas hit the state. Look at some of the video, devastated by the storm. Tens of thousands of people still without power across louisiana. A dozen fatalities between the two states, one, a 14yearold girl killed when a tree fell on her home. The president approving a major disaster right declaration to give financial and other resources. Thing i know, they rebuild the state past. Well sup
To louisiana where he will soon Board Air Force one en route back to washington. The president getting a firsthand look at the devastation along the gulf coast, fierce winds completely leveling some neighborhoods. Even hundreds of thousands of people without water or electricity. Fox team coverage, charles but first, to david live at the white house. A lot of difficult few days for thousands of people in texas and louisiana. Devastating images coming resida neighborhood in lake charles, louisiana, one of the hardest areas hit the state. Look at some of the video, devastated by the storm. Tens of thousands of people still without power across louisiana. A dozen fatalities between the two states, one, a 14yearold girl killed when a tree fell on her home. The president approving a major disaster right declaration to give financial and other resources. Thing i know, they rebuild the state past. Well supply what we have to. We will take care of you. The president toward an Emergency Operati