On tonights pbs newshour. Major funding for the pbs newshour has been provided by and the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff u. S. Financial markets battled all day to recoup its losses, then, collapsed under the pressure. At one point, the Dow Jones Industrials were up more than 440 points, helped by an Interest Rate cut in china. But the gains evaporated in the final minutes of trading, making it the sixth losing day in a row. In the end, the dow dumped another 200 points to close below 15,670. The nasdaq fell nearly 20 points, and the s p 500 slid 25. Ifill there was no letup in the stock selloff in shanghai, amid gathering gloom over chinas economy. Jonathan miller of independent Television News reports from hong kong. Report
Major funding for the pbs newshour has been provided by and the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff u. S. Financial markets battled all day to recoup its losses, then, collapsed under the pressure. At one point, the Dow Jones Industrials were up more than 440 points, helped by an Interest Rate cut in china. But the gains evaporated in the final minutes of trading, making it the sixth losing day in a row. In the end, the dow dumped another 200 points to close below 15,670. The nasdaq fell nearly 20 points, and the s p 500 slid 25. Ifill there was no letup in the stock selloff in shanghai, amid gathering gloom over chinas economy. Jonathan miller of independent Television News reports from hong kong. Reporter red numbers are bad. Th
The pace is narrowing. What more can a markets do . We have seen this oil story, the pounds the bounce we have seen in oil, looking to extend the rally. That is driving the energy sector. That is outweighing the poor than unexpected gdp number. 1. 6 , a up by sevenmonth high. I will tell you about the movers, in particular. It is the property sector. Gains across energy. Bitre seeing a little coming from hong kong and. Outheast asia as well we are seeing a selloff surprisingly. We are getting trade numbers at some point today. China,perty sector in this is what is driving the rally. A lot of talk about potential consolidation. It is at its highest since 1990. This is another company. Trading at record highs. An outright takeover is not entirely out of the cards. I want to take a quick look at and where the japanese yen is sitting. Flate looking for a new range. Data onthe latest japans gdp growth fell short of estimates as Business Investment going backwards last quarter. Us and isider
Saying it is looking for at least 8 billion in a Share Offering in hong kong. It would be one of the worlds biggest ipos so far this year. Look at one day off the Public Holiday in singapore, we have got them coming back today. A much brighter session. Nerves have called a little bit in the markets, although you have seen these major markets come off their earlier highs. Getting to the ones that have come online, taiwan up by. 7 . We are seeing weakness from malaysia and singapore, which were closed mondays are the holiday. It looks like there is little bit of catchup going on in those markets. 17 ng a look at korea, up as we see up. 7 as we see samsung rebound. We do have insurers and banking stocks leading the game. It is worth noting, it is the first gain have seen on japans equity market and five sessions. Volatility, certainly a lot lower than it was during mondays session. The volatility gauge fallen by almost 6 today. Futures rise copper futures rise. Sometime in the next hour,
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