woods. for "nightly business report," i'm steve liesman in jackson hole, wyoming. >> no bear today. stocks soared for the second straight day. helping the dow index log its best two day point gain ever. it's the latest big move in a week chockful of them. the dow has travelled more than 10,000 points since monday. and there's still one more day to go in this week. at the f tish today the dow rose 369 points, closing out of correction territory. the nasdaq out of the correction climbed 115 and the s&p 500 gained 47. could this be the turning point that investors have been looking for? bob pisani reports from the new york stock exchange. >> the rally held for a second day, but not without a lot of drama. for example, the dow went up 2% in the last 45 minutes. once again, looking at a chart of the dow really does don't justice to the volatility. this is the way to look at the day. the dow opened up and rallied another 180 points in the afternoon and fell apart in the afternoon. dropping 300 points and then rallied 330 points into the close. traders bought stocks hand over fist. seven s

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steve, does it bother you? >> i'm going to have a discussion with my brilliant city editor, keith woods, and ask whether or not it wasn't time to bump my salary 10%. >> well, steve, i'm sure that you've been paying a lot of attention to the economy and to the layoffs and other kinds of cutbacks-- >> ogletree: uh-oh, layoffs. you may be going in a very different place now. >> so to bump up everyone's salary would probably, in the end, cost somebody else a job. >> ogletree: whoa, that's serious. steve, are you silent? >> i wasn't suggesting you bump up everyone else's salary. [laughter] >> ogletree: come on, now. >> well, this is one of the things that-- >> ogletree: is anybody outraged? >> within the logic of diversity, it makes sense. but if you challenge that logic and say, "well, just because the guy is african american doesn't necessarily mean he's going to be a better reporter," i think that if you're-- and give you better access to communities. i mean, i think what we do is very idiosyncratic. it depends on personal talents, skills, and character of the individual reporter. >> ogletree: keith, what are you

steve: it does. oh, my god. that looks like charlie denison. he's been dead for 60 years. jimmy! >> jimmy: thank you, hammocks in the woods, or as bears call you, tacos. [ laughter ] [ cheers and applause ] "i wish i had some huacamole." [ laughter ] have you ever had peas in guacamole? >> steve: no. >> jimmy: it's good. >> sterat people says it's good. i'll try it. i'll try anything once. >> jimmy: you should. it's green. >> steve: i love it. you know what? because guacamole is green and peas are green. put it together and guess what? peas good for your digestive system sweet peas, snap peas, ginger peas, love them all. >> jimmy: you love peas. any type? >> steve: any type of as. >>immy: you got ps and qs. >> steve: love them. [ laughter ] you got sweet peas. >> jimmy: hey, can i ask you a a question? >> steve: sure, go ahead. ask aay. >> jimmy: we've been friends for -- >> steve: 27 years. 27 years, six months, 11 d s and 33 seconds. laughter ] jimmy: has anyone every said to you or anything that we have similar voices? [ laughter ] >> steve: they said that, but i think they're crazy. >> jim: me, too. >> steve: shazam!

steve smith scoring 142. england have already regained the ashes. they have a 3-1 series lead. >>> tiger woodsee off in the second round of the windham championship. the 39-year-old carding a 64 on thursday. that is his best in two years. [ cheers and applause ] >> this time out the current world number 286 is in contention for a tour win. his last title coming at the bridgestone invitational back in 2013. >> i felt very good out there today. i hit a lot of good iron shots, made some puts. a round that could have been 2 to 4 under par finally turned into 6. finally i got something out of my round, and it was nice to finally get something out of it today. >>> and australia have left their formal captain out of their 31-man squad for the rugby world cup. the wall labies have a warm-up match against the united states on september 5th. 13 world cup players have been named. australia has a really tough group that also includes england and whales. >> it was a very difficult conversation for me last night. and credit to james and the other players that were elected. the disappoint they had was brilli

woods on that ashley madison web site. they were city workers. the lets get out to steve keeley at city had hall this morning to explain all this, good morning, steve. >> reporter: a lot of serious problems with this. it is not just city government but pennsylvania dot gov so pennsylvania state workers apparently as well. so two investigations going on locally and this news comes right have after we learn that people in sensitive federal positions from the white house to the pentagon also had their accounts hacked, and one of our competitors interviewed some so-called experts from the local universities who said on the air other than salacious nature of the story what is the harm? well this guy better do research before he appears on another station because there is major harm potentially with the idea of blackmailing somebody in a very sensitive position, or a powerful position. from city contracts, to city investigations, we have dropped the the investigation or else we put your name out there, something like that. that is why this is a serious issue. >> unaudible. >> w

steve paulson. can i see one more time? i think mike woods would have hand aing -- handled it -- >> he would have been running for the door! >> panic and hysteria. give it up for -- >> oh, my gosh, we're having an earthquake. oh, my goodness. this is a good one. >> definitely move out of san francisco. >> it's such a beautiful place to live, by the way. it was a 4.0 magnitude earthquake. >> that sounds significant. >> yeah. by california standards, they say it was small. it struck near oakland but was felt across the bay in downtown san francisco. luckily, nobody was hurt or no damages. >> so remember the furor over cecil the lyon? there's dr. palmer on the left. he has not showed up for work, but z his office is open once again. >> people were so outraged after he admitted he killed cecil last month and, basically, cecil was lured out of a protected area, so he wasn't even hunted legitimately, you know? it was lured in a sanctuary. anyway, his practice is now open for business security guards in front of the building, but dr. palmer's not be

woods once again a little bit of a struggle + 3. tied for 87 and from there dustin johnson this guy may be the new boss right along with steve this guy to long married wayne gretzky's daughter got a lot going for. - 6 he leads after one round 66 or better in the opening round of the major three times in a single season. g. bush next play saturday night on the 49ers' opened exhibition season in houston tons. elissa's hey l orgy bush can do. let's face it the city's exhibition games in such ripoffs. you pay full price and the stars don't play mutchkin. a place series of two navarro moment all last season rehabing and the injury. so there you go exhibition football. ready go saturday night for the forty- niners. of course you'll want to get the review of that program and tell you how you can get moment. first exhibition game the raiders they enjoyed a preview screening of the new movie straight outta compton. elements of lies to himself a longtime raiders fan dating back there, and loss analysts and jack del rio practice game but sounds like he's ready. meanwhile the sports program sunday night big recap of football and the giants and a

wood. it's the best in the world. there you go. beautiful mlb grade mike trout maple bat. >> i'm mac king, fox 5 news. alison: awesome. well done. steve: we'll see you at 10:00. alison: christina has the news at switch now, new york and get installed as early as today. mom switched. we switched. i switched to time warner cable and knew exactly when they were coming. thanks to their 1 hour appointment window. for $89.99 a month, you'll get 100 meg internet, hundreds of hd channels, and unlimited calling to the u.s., puerto rico, canada, mexico, china and india. and for a limited time, you could get a $300 reward card plus tv equipment and epix included. get installed for free as early as today. call 1-800-341-9716. christina: hello and good evening. i'm christina park. ernie anastos is off tonight. we start with breaking news right into fox 5. a federal agent has been shot in varick streets. well. dan bowens joins us on the phone with the latest. >> reporter: it has been a chaotic afternoon in lower manhattan. the shooting happened close to 5:00 near the intersection of varick and houston, close to the holland tunnel. as emergency pers

steve filed this report, a preview of what to expect. >> reporter: this grizzly bear stands at the entrance to the fed's deliberations in jackson hole. a threatening reminder that they may not be out of the woods when it comes to the dangers of raising interest rates. >> but one fed official is ready to stair down the bear. >> this week's events complicate the picture but it's too soon to say it fundamentally changes that picture. in my own view the normalization process needs to begin and the economy is performing in a way that i think it's prepared to take that. >> it's a major question for the fed. to be deterred by the markets or propelled by the better economic data. rate hike advocates got ammunition today in a major up grate in gdp to 3.7%. every major component. the consumer, business and government was advised higher. it was a bounce back from the weak growth that started the year. >> it was good to see more investment. that's been one of the challenging where we haven't been seeing enough investment and we haven't been seeing enough wage growth. if we can get more investment firms are more comfortable with where the economy is going. less uncertainty and more hiring and wage growth a

wood. the victim was rushed to atlantic city medical center, vazquez is on the loose. >>> a man from south jersey found with rosie o'donnell's missing teenager daughter has been arrested. steverested for having inappropriate online communication with the 17-year-old. chelsea o'donnell was found on tuesday hours after her mother posted a statement online that her daughter was missing after leaving home earlier this month. >>> a high ranking official in west mill folder has been fired for spraying a robins nest with a pesticide. he ordered staffers to destroy the nest, but they refused. he could face five years in prison if convicted of charges filed by the spca. he plans to fight the charges. >>> new jersey craft beer brewer hopes the proposed legislation clear up where they can sell their suds, one would aloe them to sell it at farmers market. one-third would allow for 1,000 barrels to be sold at licensed retailers. craft breweries have gone from 18 to 36 and another 18 opening soon. >>> two big off-season additions to the eagles sam bradford and demarko murray got on the field against the ravens. bradford shook off a cheap shot on his surgically repaired knee and completed