Placeholder Image

Subtitles section Play video

  • the S and P 500 the Dow retreated Wednesday, with the blue chip index falling back below the 30,000 milestone it had top for the first time ever.

  • The day before Thea, unexpected rise in weekly jobless claims signaled the labor market recovery was stalling.

  • Okay, Capital Partners chief investment officer Khimki Forest.

  • So it's been a busy November, but that still doesn't really show us what we really like to see, which is the economy moving and in fact we're seeing that slide the other way.

  • So that's what makes us a little bit queasy when the market goes up.

  • Energy materials and industrials pulled the Dow down more than a half percent and the S and P more than 1/10 percent from its all time high.

  • But a rally by Amazon, Tesla and Apple drove the NASDAQ up half a percent.

  • Shares of slack spiked higher.

  • The office messaging APP was the day's top mover on the Big board.

  • Ah source tells Reuters.

  • Cloud based software company salesforce dot com has approached Slack with an acquisition offer.

  • Both companies were not immediately available for comment.

  • Shares of Salesforce declined.

  • Gap was the biggest loser on the S and P 500.

  • The peril retailers.

  • Quarterly profit missed Wall Street's targets as a shift online sales cause marketing and shipping costs to balloon.

  • Shares of Nikola fell after eight straight days of gains.

  • In a CNBC interview, the electric truck makers CEO Mark Russell, failed to reassure investors that his company's deal with General Motors would still go through.

the S and P 500 the Dow retreated Wednesday, with the blue chip index falling back below the 30,000 milestone it had top for the first time ever.

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it