Stock Market Slips Slightly After Near-Record Highs & 8-Day Winning Streak | EWTN News Nightly

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The stock market slipped slightly in afternoon trading today after reaching near-record highs. Stocks ended down, after an 8-day winning streak. Earlier this summer, the Dow Jones dropped nearly 10%. It would have been the first 9-day winning streak in almost 2 decades. The news comes as Bloomberg reports US job growth through March was likely far less robust than initially estimated and this could mean the Federal Reserve will not lower interest rates. Economics Professor at the University of Notre Dame, Jeffrey Campbell, joins to share what has led to the sudden spike in the stock market and whether the markets could go even higher. Campbell tells us why it matters that the jobs report had revised numbers and that they were actually down from what was originally forecasted. There has been a lot of talk about the economic speech Vice President Kamala Harris gave on Friday. Forbes Magazine says her proposals are a recipe for a depression. Campbell discusses what he made of her proposals. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf