for "nightly business report," i'm hampton pearson in washington >>> let's turn now to anthony chan for more on that stng jobsreport. he is the chief economist over at chase. anthony, always good to have you on the show. thank you for joining us. >> glad to be here. >> was thi report as as wall street seems to think it is? >> i think that this reportave you some good news on a few fronts. first of all, you have more jobs being created than the market was expecting. at the same time, you don't see wage pressures that are so concerning that the federal reserve has to end the party a little early.he and i think reason for that is pretty simple. we had a lot of people re-entering the labor force. and remember when new people come into the labor force they usually don't have a strong bargaining position when it comes to i think with as. i wink that'st is restraining wages. >> this was an extremely strong number it seems to me in terms of the number of jobs add, in terms of the number of people who came back to the work force. what does it tell you about h strong this economy is? and do you w

street's most prominent voices to be here to talk about, bob dole and jpmorgan chase chief economist anthony chan, they'll tell us where they believe the market is headed next. we are less than an hour to the closing bell on this friday. i'm ashley webster in for liz claman, let's start the "countdown." ♪ ashley: as i said, here we go again. on wall street market losses accelerating into the close after what has been another choppy day of trade. the dow hitting session highs of 150 points shortly after president trump's remarks, but since then losing steam with less than an hour, as we say, until the closing bell. the dow off now more than 1 %, down 269 points. the dow at 23,686. take a look at the aerospace/defense stockings. they are moving higher in this environment. interesting, lockheed up, regaining some of the losses from yesterday as is northrup grumman and raytheon. drug merricks falling at this hour after president trump pivoted towards the opioid crisis in america saying that the u.s. will sue certain drug companies over opioids. you can look at those opioid-related stocks, they are al

slightly higher the dow jones slightly lower the nasdaq slightly lower as well joining us now is anthony chanom chase as we talk about the markets, the macro concerns over a big fed meeting kicking off today what will be the most important thing that wall street has to pay attention to in this week of huge catalysts >> i think this week they want to listen to whether or not the federal reserve is becoming more optimistic about the economy or less optimistic about the economy. one of the things that keep in mind is that back last time when fed chair powell spoke, remember that the atlanta fed in february was forecasting 5.4% economic growth for the first quarter now they're forecasting 1.8% growth clearly the economy momentum that slowed down a bit still healthy, we know that's the first quarter. but nonetheless we have seen a bit of a loss of momentum. >> anthony, good to see you. do you see powell mentioning trade, the onset of tariffs, the potential impact on consumer prices that's been a big part of the economic story when discussing trade disputes escalating and the impact it could have o

chan south korea. and the new orleans pelicans will be hoping that stamina anthony davis isn't set for a lengthy injurylay off on wednesday davis was in action against the sacramento kings and helped his team tire franchise record with its head straight when the twenty three year old holding his ankle in the third quarter there wasn't able to return to make it. ok most of the day but that is it for now peyton and he thanks very much either six asian cities are displaying their creations at this year's sky lantern festival in taiwan the event does attract millions of visitors from around the world this year celebrations are a mix of traditions and technology and showers are good for now explains why zing up the night sky this year's sky lantern festival theme is a celebration of the chinese zodiac year of the dark the main display lanterns a child from the local soup tribe with a taiwanese dog to wish everyone a prosperous year ahead at home hung the festival dates back to tenderness to fourteen hundred years ago back in the tradition marked the end of the lunar new year break when students return to sc