the dogained 35...the nasd lost 13...the s&p is down a fraction. for the week.. the dow gained 1.3 percent. the nasdaq was up 6-tenths of a percent. the s- and-p added 1.4 percent this week. >> susie: joining us now with more anaysis on that jobs report... mark zandi...chief economist at moody's analytics. great to see you, mark. tell us about this 7.8%. does this mark the turning point in the job market? >> well, susie toverstates the case. i don't think the job market improved that much in the month of september. but i do think the job market is improving. it's improving enough to bring down unemployment. we're moving in the right direction but not quite as quickly as the data today would suggest. >> susie: 114,000 new jobs i mean, it's nice people are getting jobs, but it's flota really robust number, is it? what is it telling us about the labor market? >> right. 114,000 is okay. but it isn't robust. i think, though, as you kind of take a step back, look at job gains over the past six months, over the past year, over the past couple of years, wee gettinjob gro

shocking today, i'm pleas to tell you, but the dow did lose two-and-a-half point the s&p do 24, the nasd tumbled 67 points, down more than 2% on the day. microsoft, ggle, apple, all pa oa broad selloff in the technolo sector. mcdold's, chotle general electric all sharplyower on missed earnings targets and dippointing revenue. total volume 7.2 billion shares, that's heavier than the average daily volume recently of 6.4, outpacing by more than 3 to 1 on the big board. 129 stocks that knew 53-wee highs despite all of that, 35 hitting new lows. fo the week the dow and the s&p up while t nasdaq w down more than aercent a much brighter picture year to daae in all of this anxiety, of -ourse, surrounding the selloff today. it's easy to lose sght of the fa that the dow jones industrials have gained more than 9%,he s&p up about 14%, e that is damag up 15%. 15155 of the standard & poos 500 companies reporting earngs next wk, so get ready. the biggest week this earnings season cominright at us, and investors mabe infor, well, some exciting times. little volatility, perhaps. wall street expecti compa

it is a pleasure to welcome all of you to this year's lecture which is funded by nasd which is the private sector regulator of the u.s. brokerage industry. the focus of this series is on financial regulation. and each year we have had a leading public official responsible in some way for u.s. financial regulation. this year our speaker is a tiny bit of a stretch. he was c.e.o. of freddie mac from mid 2009 to just a few months ago. while in that role he was not a public regulator, he was responsible for returning a very large public financial institution. freddie mac and fannie mae are what are called government sponsored entities, g.s.e.'s. for years they were described as private companies with a public of supporting housing, or, more simply, as mixed public-private enterprises. in september of 2008 both failed financially, were placed in government conservatorship. becoming quite unmixed, just public corporations. the g.s.e.'s have had many problems prior to the could have beenor ship. ed was not part of that, arriving about a year after conservatorship. but he was part of the solution.

that violates nasd rules, new york stock exchange rules depending on erou trade, i am 99% sure sec rules something known as fair disclosure where you must release material, earnings are premature really @ iform manner. my guess, i do not have this confirmed by the securities and exchange commission, they have to look at this as they look at other trading mishaps. this gets to the heart of fundamental process of how the market is supposed to work and to investors feel comfortable in a market where people with fat fingers and shoot out trades like night securities which dooms the firm or in this case or pre release earnings in ad burnley release earnings that send the stock down 10%. that is a big screw up. we know the reason they hold this thing is this violates a lot of rules in terms of how to roll out material information. liz: let's go to the interday charts, it is important because at 12:30 p.m. eastern time we were all expecting this to come out "after the bell," that is what is released but it came out at 12:30. charlie: in january they did the same thing. their earnings were bette

it's a pleasure to welcome all of you to this year's lecture, which is funded by nasd, which is now in the, the private broker of the u.s. industry. the focus is on financial regulation and each year we have had a leading public official responsible in some ways for u.s. regulation. this year, our speaker is a tiny bit of a stretch, but not really much at all. ed haldeman was ceo of freddie mac from a 2009 to just a few months ago. while in that role, ed was not really a formal regulator. he was responsible for running a very large public financial institution. freddie mac and its sibling, fannie mae are what are called government-sponsored entities, gics. for years described as private companies at the public mission of supporting housing or more simply, as mixed public-private enterprises. but in september 2008, both institutions failed financially. they were placed in government conservatorship, becoming quite unmixed just public corporations. the gics have had many problems of their conservatorship. ad was not part of that arriving by the year after conservatorship. but add was par

it's a pleasure to welcome all of you to this year's lecture, which is funded by nasd, which is now in the, the private broker of the u.s. industry. the focus is on financial regulation and each year we have had a leading public official responsible in some ways for u.s. regulation. this year, our speaker is a tiny bit of a stretch, but not really much at all. ed haldeman was ceo of freddie mac from a 2009 to just a few months ago. while in that role, ed was not really a formal regulator. he was responsible for running a very large public financial institution. freddie mac and its sibling, fannie mae are what are called government-sponsored entities, gics. for years described as private companies at the public mission of supporting housing or more simply, as mixed public-private enterprises. but in september 2008, both institutions failed financially. they were placed in government conservatorship, becoming quite unmixed just public corporations. the gics have had many problems of their conservatorship. ad was not part of that arriving by the year after conservatorship. but add was par