Video: Maria Bartiromo's Market Message
Maria Bartiromo discusses Wednesday's top business and financial stories, and looks ahead to Thursday's events.
(Watch Bartiromo on-air: CNBC TV's Closing Bell.)
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Topics discussed in video above:
Thursday's market will be shaped by data on jobless claims and international trade — as well as earnings reports from Walmart.
Twenty-nine of the Dow 30 stocks fell — with only General Motors gaining (!) -- as Treasury Secretary Hank paulson announced the $700 billion bailout fund would be shifted from mortgages to consumer debt and other "safer" areas.
- NEW: Dow 30 After-Hours Quotes
Best Buy troubles multiply after a lowered earnings outlook.
(See options master Jon Najarian's take on the electronics retailer.)
Macy's offered a pleasant surprise as it reported a loss much lower than Wall Street had expected.
Oil prices. U.S. light, sweet crude lost $3.17, or 60 percent off its July all-time high, to settle near $56 a barrel in Nymex trade.
(Track Commodities Here.)
Thursday's earnings reports:
- Walmart
- Kohl's
- Nordstrom
- Urban Outfitters
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