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FBN’s Lori Rothman with an afternoon market update and news from the Federal Reserve on its plans to launch a new bond-buying program.
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I'm Lori Rothman mr.
fox this is -- bearish tone on -- continues to stocks slid deeper into negative.
Its territory check out the Dow ended down 110.
Points the Federal Reserve signaling it will launch eight new bond buying program next month Colleen -- for.
-- an -- with job growth.
The purchases from the Central Bank would be intended to lower long term borrowing costs.
To encourage spending and strength in the economy the hope is that more hiring would follow us now.
The hottest item this holiday season despite -- gift card National Retail Federation expects.
Gift card sales hit a record twenty point eight billion dollars and RS says and we'll be giving out what cards.
Of course.
Spending an average of 170 dollars compared with the 142 dollars spent by women and -- -- in the Fox Business Network didn't depart across.
