Listen: Wall Street Journal, Fiat Chrysler And US discussed on WSJ What's News
"Other than lowering drug prices will have more on this in a moment. I hair some other stories on Friday, we're watching US financial markets and monitoring investor reaction to the November jobs report stocks staged a big recovery Thursday after the Dow Jones industrials dropped more than seven hundred points earlier in the session, and that was after a nearly eight hundred point drop for the Dow the previous session, a recovery from some big tech names helped the NASDAQ finished higher Wall Street Journal markets reporter Almuth Rahm Kumar talks about why stocks recovered from such a big selloff the latest bounce late in the afternoon came after the journals report about the fed may be considering thinking about a wait and see approach after this December increase more and more people think that they'll be pretty cautious next year, given the impacts or seeing across the economy in the. Auto housing sectors. Again, those more rate dependent sectors, and what's going on again with trade and everything else. So I think that's what's easing some of the worries about the impact of higher interest rates at least moving forward. I'm Ruth says the markets have been dealing with a lot of mixed signals, for example on oil trade and interest rates which have led to the latest bout of volatility. Sources tell the Wall Street Journal that Fiat Chrysler plans to open a new factory in Detroit. The first new US assembly planned to be opened by a major domestic car maker in at least a decade. Fiat Chrysler, reportedly plans to build a new SUV at the factory.."