Jack Pitcher
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Search complete. 10 mentions across 8 episodes found for "Jack Pitcher".
Nov 6, 2026
CorrineHOST
Election results push the Dow up more than 1,500 points.
CorrineHOST
By David Uberti, Jack Pitcher, and Sam Goldfarb.
CorrineHOST
Markets surged on Wednesday after US voters dealt a resounding blow to key pillars of President Trump's economic agenda, from an unrestrained artificial intelligence build-out to the costly war in the Middle East.
CorrineHOST
Democrats swept both houses of Congress and won several gubernatorial races, in part because of backlash to the data center developments that Trump championed.
CorrineHOST
Election results push the Dow up more than 1,500 points.
CorrineHOST
By David Uberti, Jack Pitcher, and Sam Goldfarb.
CorrineHOST
Markets surged on Wednesday after US voters dealt a resounding blow to key pillars of President Trump's economic agenda, from an unrestrained artificial intelligence build-out to the costly war in the Middle East.
CorrineHOST
Democrats swept both houses of Congress and won several gubernatorial races, in part because of backlash to the data center developments that Trump championed.
Alex OssolaHOST
Most corners of the tech sector got hit, including chip makers, power producers, and software makers, in a sell-off that appeared to feed on itself as the day wore on.
Alex OssolaHOST
Journal Markets reporter Jack Pitcher is here now to discuss.
Alex OssolaHOST
Jack, we had you on yesterday to talk about how well stocks are doing, and today, not so much.
Alex OssolaHOST
What happened here?
Jack PitcherCORRESPONDENT
way, way up, oftentimes double or tripled or more than that.
Jack PitcherCORRESPONDENT
When you have these really big gains in a short period of time, it does put stocks more susceptible to sharp downturns when sentiment turns through the day.
Alex OssolaHOST
Journal Markets Reporter Jack Pitcher, thanks so much for joining us.
Jack PitcherCORRESPONDENT
Thank you.
Alex OssolaHOST
The Nasdaq and S&P both rose around 1.5 percent, while oil sank almost 9 percent to under $95 a barrel.
Alex OssolaHOST
Journal Markets reporter Jack Pitcher says that some of the spring in investors' step today comes from the relief that the midterms are over and that some of the worst-case scenarios didn't come to pass.
Jack PitcherCORRESPONDENT
Things like if you saw the president deny the election results or push back or create something chaotic.
Jack PitcherCORRESPONDENT
Instead, you saw the president come out this morning and say that he accepted the results.
Scott TuckerHOST
Although, you know, you'll find those folks at BlackRock, they go to Washington with giant bags of money and they might be able to get this done.
Scott TuckerHOST
So Jack Pitcher writes for Wall Street Journal, BlackRock will offer U.S. workers a chance to invest more like multi-billion dollar pension or more like a multi-billion dollar pension.
Scott TuckerHOST
The world's largest investment firm, BlackRock, and I'm adding words and messing up the punctuation here.
Scott TuckerHOST
BlackRock, the world's largest investment firm by Asset Center Management, said it would work with corporate clients to build customizable funds for 401k plans that can include slices of public stocks and bonds, private assets, and even annuities.
DashaNARRATOR
"You cannot be treated the same as everyone else when you are asked to undertake systemic changes," said Juan Carlos Baker, Mexico's former trade deputy minister, deputy trade minister, who led Mexico's trade team during USMCA negotiation in Trump's first term.
DashaNARRATOR
The riskiest corner of the AI trade is crashing into higher rates by David Uberti, Jack Pitcher, and Sam Goldfarb.
DashaNARRATOR
Investors staring down a world of higher bor-borrowing costs have kept piling into AI with the belief that companies behind the globe-spanning data center build-out would be immune.
DashaNARRATOR
But there are exceptions, and none more prominent than CoreWeave.
DashaNARRATOR
"You cannot be treated the same as everyone else when you are asked to undertake systemic changes," said Juan Carlos Baker, Mexico's former trade des- deputy minister, deputy trade minister, who led Mexico's trade team during USMCA negotiation in Trump's first term.
DashaNARRATOR
The riskiest corner of the AI trade is crashing into higher rates by David Uberti, Jack Pitcher, and Sam Goldfarb.
DashaNARRATOR
Investors staring down a world of higher bor- borrowing costs have kept piling into AI with the belief that companies behind the globe-spanning data center build-out would be immune.
DashaNARRATOR
But there are exceptions, and none more prominent than CoreWeave.
Alex OssolaHOST
Gold and transportation stocks also rose, and all three major indexes were higher, with the Dow leading the gains and rising more than 1%.
Alex OssolaHOST
For more on the day's market moves, Journal markets reporter Jack Pitcher is here to discuss.
Alex OssolaHOST
Jack, we started the day with this pretty clear tech sell-off, but now the NASDAQ ended the day slightly higher, about 0.1%.
Alex OssolaHOST
Were tech stocks overall down today?
Jack PitcherCORRESPONDENT
The same way it's, it gets bid up a lot when people are feeling good.
Jack PitcherCORRESPONDENT
It's, it's kind of a high risk, high reward stock.
Alex OssolaHOST
Journal markets reporter Jack Pitcher, thanks so much for joining us.
Jack PitcherCORRESPONDENT
Thank you.