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KNX Business Hour 03.17.2010
The stock market hits new recovery highs as the latest reading on wholesale inflation comes in better than expected. The Dow closed up 48 points to 10,733, Nasdaq up 11 at 2389 and the S and P 500 gained 7 to 1166. New questions raised in Washington about
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KNX Business Hour 03.16.2010
Stocks moved higher and the dollar moved lower after the Fed decided to hold the line on short term interest rates and they also repeated the statement that rates will likely stay low for "extended period." Oil and precious metals rallied. Bank stocks als
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KNX Business Hour 03.15.2010
The Stock Market drifted sideways ahead of a decision on interest rates and a statement on the economy. Banking stocks finish mostly lower. Dow Jones managed a closing gain of 17 points at 10,642. Nasdaq pulled back 5 at 2,362 and S & P finished up a half
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KNX Business Hour 03.12.2010
A mixed finish to a winning week for the stock market. The Dow manages a closing gain of nearly 13 points. Nasdaq pulled back nearly a point and the S and P 500 came off its high point of the year by a quarter of a point. Guests include Ed Wedbush, Presid
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KNX Business Hour 03.11.2010
The stock market rally continues fueled by a jump in banking stocks on news that Washington gridlock is making it less likely there will be a massive overhaul of financial industry oversight and regulation anytime soon. Guests include Ken Winans, Money Ma
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KNX Business Hour 03.10.2010
Banking and tech stocks move higher on the latest signs of an improving economy. Businesses cut wholesale inventories in January as sales moved up for the tenth month in a row. China reports its exports rose last month. The Nasdaq hits a new high for the
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KNX Business Hour 03.09.2010
Wall Street celebrates the one year anniversary of the bull market. The Dow ends March 9th, 2010 61 percent higher than where it stood on March 9th, 2009 when the major averages hit a 12 year low. The Nasdaq ends the day at new 18 month high. The S and P
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KNX Business Hour 03.08.2010
A mixed start to the week on Wall Street ahead of the one year anniversary of the bear market low. The stock market has rebounded about 70 percent over the past year since hitting a 12 year low on March 9th, 2009. Northrop Grumann drops out of the dogfigh
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KNX Business Hour 03.05.2010
Stocks rally on the February jobs report and an uptick in consumer borrowing in January. The Dow powered up 122 points to 10,566. Nasdaq gained 34 points to 2326. The S and P 500 jumped nearly 16 points to 1139. For the week the major averages posted gain
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KNX Business Hour 03.04.2010
Stocks move higher on mostly upbeat readings on the economy. The Dow posted a closing gain of 47 points at 10,444 putting into postive territory for the year for the first time since January. Better than expected readings on retail sales, productivity, an
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KNX Business Hour 03.03.2010
Stocks pull back after a strong start on encouraging signs the job picture might be turning around. The Fed's latest assessment of the economy later said the recovery is not strong enough to get companies to increase hiring. The services sector of the eco
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KNX Business Hour 03.02.2010
Stocks end the day higher but off their best levels of the day. The Dow pushed into positive territory for the year during the session and ended about 20 points below breakeven for the year. The auto sales numbers for last month show Ford sold more vehicl
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KNX Business Hour 03.01.2010
Stocks start the new month by marching higher on the latest economic news and a batch of M and A activity. The british pound hits a nine month low and the price of gold hits a new record high in British Pound terms. Guests include Jon Najarian, co founder
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KNX Business Hour 02.26.2010
A volatile month for the stock market ends with gains. The Dow and S and P 500 posted monthly gains of about 3 percent. The Nasdaq posted a monthly gain of about 4 percent. The market posted fractional losses for the week and small gains for the day. The
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