Thursday, August 25

Rough week: $2.5 trillion wiped off world shares


> good evening. I'm Lester Holt in tonight for Brian. Watch the steep ascents and share prices falls, which today was not for the feint of heart, especially after the yesterday's 513 point free fall of the Dow. but for all of the drama and it, there were many the market, which today is largely flat. the Dow gained 61 points. the NASDAQ lost 24 and the s & p fell to a point. but look at how we got there. After this big drop yesterday on a start today the Dow bounced up and down in a 416-point range. not easy to see, in particular for all those Americans who saw a huge chunk of nest eggs this week in the midst of global debt concerns disappear. These concerns were still very much at work today, along with news about the American job picture. We are all here today evening starting again on the New York Stock Exchange with cnbc's Maria Bartiromo covers. Good evening.


> the Dow Jones industrial average of this week was 7%, the worst week since the financial crisis 2008. It has 2.5 wiped out trillions of dollars in value of global stocks and it struck fear in the hearts of investors, large and small. the Dow up 172 points send a wild finish to a rough week on Wall Street as a buyer soon flooded the market word that 117,000 jobs created the United States. but fears over Europe soon sent hurdles stocks back down, 245 points lower to shares rose again. Messages that could get a bailout from the European Central Bank Italy.


> I would ask everyone to remain calm and breathe deeply and are really looking for in the economic fundamentals.


> Reporter: but it can be more than to reassure investors. > we want to see corrections immediately in our markets. We want to see corrections in our economy immediately. and I think we need to understand that it takes time to really back where we should be.


> Reporter: to Thursday sale, Jack and Herman Halichi, dan's sub are shop outside l.a. own fear. > here we go. very stressful. We were concerned about our future lies in our investment, or not to retire if we will ever be.


> Reporter: and it's not only their own investments, making them of care. > the market tanks like now, we see catering store our business customers.


> Reporter: in Atlanta, some investors work hard to help everyone out to optimize.


> right - now, my eyes from the stock market, the Internet considered to keep, and hopefully it will go up later.


> I will take care in five years.


> to buy $15.


> Reporter: and Kathy Boyle says, this is a bad idea, the time now don't have the time, which is panic, it is not the time to bury your head in the sand.


> none of us really know what will happen tomorrow. We think we do. We all have sadly predict the market. but really what we have to tell people is that you have a plan.


> Reporter: Lester, the mixed catalyst happens on Tuesday next week, when the Federal Reserve this regularly scheduled meeting. and the question is, which fed will bring support to QE-3 or any kind of appeal this weak economy. back to you.

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