Patt Morrison for July 26, 2012

The market matters, and we’ll tell you why

Stocks Trade Drop On Employment Data

Spencer Platt/Getty Images

Traders work on the floor of the New York Stock Exchange on July 6, 2012 in New York City.

Followers of the Dow Jones industrial average know how skittish the index can be, sharply veering up and down on an hourly basis. This morning, stocks soared after Mario Draghi, the president of the European Central Bank, promised to “do whatever it takes” to keep the euro intact.

Guest host Brian Watt talks with Matt DeBord about the U.S. market’s current sensitivity to Europe’s financial woes, as well as whether or not Facebook will outperform or under-perform when it comes to earnings expectations at the close of its first quarter.

WEIGH IN:

How do you feel about the market today?

Guest:

Matthew DeBord , Economy Reporter for SCPR and its ‘DeBord Report’ on KPCC.org


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