You're watching...

Fewer People Applied for Unemployment Benefits

Details

  • Description

    FBN's Ashley Webster breaks down afternoon market news.

  • Duration 0:53
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

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.