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More market volatility in the u. S. Wall street indexes seesaw after positive retail figures take the edge off a steady stream of bad news so is the global recession called off not quite. And is the farm coming to the big city well take you to a growing operation in the big apple. This is your Business Report im stephen bears in berlin thanks for joining us another day on wall street another volatile session markets ultimately ending in positive territory today after solid u. S. Retail numbers suggest that american consumption remains strong and that followed the worst day of the year for stocks with both the dow and nasdaq losing 3 percent wednesday on new recession worries the ups and downs of the markets are not going unnoticed u. S. Government is now trying to call investor jitters. Here on wall street
traders cheered retail giant walmart strong Quarterly Earnings th ....
Full force small retail sales as you mentioned increase that 7 tenths of a percent in july so far implies. bringing in consumption down wal-mart earnings also brought some fresh air to be good as a retailer why increase even full year sales outlook that said that tensions are still very much alive threatening to to reach. us earnings outlook for us as a company is in the 2nd half of this year is it being reviewed down not only worries about day ongoing trade war and global economic growth are taking a toll on margins but also a tight labor market commodity costs on of course a stronger u.s. dollar and as they want to take a look at another story heading markets that s not related to any of those factors g.e. stock suffering a major blow today after an accounting experts said the american firm has concealed major financial losses and g.e. shares tumbled more than 11 percent the company s c.e.o. ....