9 A.M. ONE DAY A WEEK.
AND FOLLOW LOCAL WATER USE
RESTRICTIONS.
CIARA:
TONIGHT--AS THE ECONOMY
CONTINUES TO RECOVER, THE STOCK
MARKET ENDED
A SECOND DAY OF TURBULENT
TRADING.. WITH THE DOW JONES
SINKING NEARLY 1-
THOUSAND POINTS IN THE PAST TWO
DAYS.
AFTER WEEKS OF GAINS IN AUGUST,
THE S&P 500 CLOSED THE WEEK WITH
A LOSS,
FALLING BY POINT-8-PERCENT.
TECHNOLOGY STOCKS WERE THE FOCUS
OF SELLING--WITH MAJOR TECH
COMPANIES LIKE
AMAZON FALLING BY NEARLY
2-PERCENT THIS WEEK.
MARKTEED, SENIOR VICE PRESIDENT
OF INVESTMENTS AT RAYMOND JAMES
SAID
THAT THERE IS A LOT OF
UNCERTAINTY RIGHT NOW GOING INTO
THE ELECTION...
AND URGES INVESTORS TO REMAIN
CAUTIOUS.
MARK TEED, SENIOR VICE PRESIDENT
OF INVESTMENTS RAYMOND JAMES AND
ASSOCIATES SO THERE ARE SO MANY
DIFFERENT THEORIES ABOUT
WHAT IS HAPPENING THAT PEOPLE
ARE JUMPING ON ANYTHING---BE
CAREFUL, A LTO OF IT IS JUST
PEOPLE'S
OPINIONS AND ITS NOT REALLY GOOD
MARKET INFORMATION.
CIARA:
THE MAJOR SELLING OF STOCKS IS
FOLLOWING THE MOST RECENT JOBS
REPORT
FROM THE U-S LABOR
DEPARTMENT---IN AUGUST THE
ECONOMY ADDED NEARLY 1.4
MILLION JOBS AND THE
UNEMPLOYMENT RATE DECREASE TO
NEARLY 8 PERCENT FROM 10
