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Fewer People Applied for Unemployment Benefits
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Description
FBN's Ashley Webster breaks down afternoon market news.
- Duration 0:53
- Date Sep 22, 2011
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FBN's Ashley Webster breaks down afternoon market news.
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I'm actually let's -- radio Fox Business briefs stocks are continuing -- -- selloff indicators across the financial markets suggesting investors are frightened of the global economy is -- -- -- long slump right now.
The Dow Jones industrials down 383.
Points that was a small decline in the number of Americans applying for unemployment benefits last week.
Labor Department says new applications dropped by 9000 to a seasonally adjusted 423000.
Still coming in -- Unexpected and gold is on track for the largest monthly decline since January.
Gold shedding right now close to sixty dollars an ounce it's a sharp contrast with earlier this summer when gold -- one record high after another.
Investors wanted it both as a safe place for that money and to cash in on what seemed an unstoppable run and that is a very latest from the Fox Business.