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Detailed text transcripts for TV channel - FOXNEWS - 20110721:22:03:00

Bret? bret: more on this with the panel. wendell, thank you. stocks were up today. the dow added 152. the s&p 500 gained 18. the nasdaq closed 20 ahead. while stocks were up today, america overall financial situation is mixed bad. peter barnes takes a panoramic view of the economy, one year after wall street reform. reporter: u.s. investors cheered europe new bail-out plan for greece. most of the european banks are not going to fail. it won t spill over. buzz about debt ceiling deal and good corporate earnings helped too. but the profits remain strong in part because many companies are keeping cost down by holding off hiring. more proof came today when unemployment insurance claims jumped unexpectedly and remain high at 400,000 a week. realtors reported sales of existing homes fell in june to the lowest pace in 14 years.

Bret-baier
Panel
Wendell-goler
Dow
Stocks
Sp-500
Nasdaq
152
18
500
20
Economy

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