Want to change the way cancer is treated. And theyre investing big money in promising new therapies. We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The
We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though