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Nightly Business Report for friday, october 10th. Good evening, everyone, another brutal day of selling on wall street. Not only did the dow turn negative for the year and suffer its third triple digit loss of this week, the nasdaq also had a rare triple digit decline. The main reason here . Semiconductor stocks, Microchip Technology fell after warnings in the industry, featuring a selloff like intel and texas instruments, stocks sold off into the closing bell after another up and down session, the dow lost 115 points, the nasdaq fell 102 points posting its first backtoback 2 decline in three years and the s p down 22 points. So far this month the dow has moved more than 2,000 points just in the last eight trading days. And for the week, the major averages ended for the third low in a week, the nasdaq off by 4. 5 and the s p slipped more than 3 . So what should investo ....
Nightly Business Report for friday, october 10th. Good evening, everyone, another brutal day of selling on wall street. Not only did the dow turn negative for the year and suffer its third triple digit loss of this week, the nasdaq also had a rare triple digit decline. The main reason here . Semiconductor stocks, Microchip Technology fell after warnings in the industry, featuring a selloff like intel and texas instruments, stocks sold off into the closing bell after another up and down session, the dow lost 115 points, the nasdaq fell 102 points posting its first backtoback 2 decline in three years and the s p down 22 points. So far this month the dow has moved more than 2,000 points just in the last eight trading days. And for the week, the major averages ended for the third low in a week, the nasdaq off by 4. 5 and the s p slipped more than 3 . So what should investo ....
What heck happened to that jolly stock market that you saw last time around, around christmas eve. Since then the grinch has mostly been in charge. Today on the second trading day of the year, the creature with the heart two sizes too small came in the form of tumbling oil prices, renewed worries about the eurozone and a strengthening u. S. Dollar. Heres a look at the damage on this the worst day since october for blue chip shares the dow dropped 331 with chevron and exxonmobil among the biggest decliners. Nasdaq was down 74 and the s p 500 lost 37 points. Oil prices hit 5 1 2year lows briefly dipping below 50 a barrel. West texas crude ended the day down 2. 65. It closed just a droplet above 50 bucks. Benchmark brent crude finished at 53. 11, as you see there. Compounding oils woes, the suddenly muscular u. S. Dollar. It soared to a nearly nineyear high today mostly at the expense of the euro. Bob pisani has more now on how the stronger dollar, falling bond yields and tanking oil pric ....
Nightly Business Report for friday, october 10th. Good evening, everyone, another brutal day of selling on wall street. Not only did the dow turn negative for the year and suffer its third triple digit loss of this week, the nasdaq also had a rare triple digit decline. The main reason here . Semiconductor stocks, Microchip Technology fell after warnings in the industry, featuring a selloff like intel and texas instruments, stocks sold off into the closing bell after another up and down session, the dow lost 115 points, the nasdaq fell 102 points posting its first backtoback 2 decline in three years and the s p down 22 points. So far this month the dow has moved more than 2,000 points just in the last eight trading days. And for the week, the major averages ended for the third low in a week, the nasdaq off by 4. 5 and the s p slipped more than 3 . So what should investo ....
Holiday, you might be wondering what heck happened to that jolly stock market that you saw last time around, around christmas eve. Since then the grinch has mostly been in charge. Today on the second trading day of the year, the creature with the heart two sizes too small came in the form of tumbling oil prices, renewed worries about the eurozone and a strengthening u. S. Dollar. Heres a look at the damage on this the worst day since october for blue chip shares the dow dropped 331 with chevron and exxonmobil among the biggest decliners. Nasdaq was down 74 and the s p 500 lost 37 points. Oil prices hit 5 1 2year lows briefly dipping below 50 a barrel. West texas crude ended the day down 2. 65. It closed just a droplet above 50 bucks. Benchmark brent crude finished at 53. 11, as you see there. Compounding oils woes, the suddenly muscular u. S. Dollar. It soared to a nearly nineyear high today mostly at the expense of the euro. Bob pisani has more now on how the stronger dollar, falling ....