Gerri our top story tonight, another omacare lie exposed. The white house going on the defensive after it was revealed that they knew for years and l. A. Is of americans could not keep their health plans. Despite president obamas repeated assurances to the American Public if they like their plan they could keep it. Here to weigh in, a visiting scholar at the American Enterprise institute and which lowry, editor for the national review. I will start with you. Hundreds of thousands of people. Nyh take a look at these numbers , california, new york, all of the country, florida, losing coverage. We were told not once, not twice, but multiple times that we could keep our Insurance Plans. What happened . It represents an enormous credibility problem for this administration. He said it repeatedly. It is on tape. We are hearing it over and over again on every media outlet. He did not know, you should have. This is a key basic element of the law, creating a federal definition of insurance. Your
And welcome to the closing bell. Im kelly evans in today for maria bartiromo. Bill griffith will join me in just a moment. Stocks are closing lower on concerns some members of the fed favor slowing or stopping economic stimulus earlier than maybe was previous thought. Heres how were finishing the day on wall street. The Dow Jones Industrial average pointed down by about 22 points or 0. 2 , about double that is the loss on the nasdaq today, down 0. 4 and its giving up some of its gains from yesterday, 0. 2 on the s p bit. After we saw stocks moving towards their low after the fed minutes did get a little bit of a rebound into the final minutes of trading. The lead bias was to the upside. Let get straight to the markets. While we didnt give back all of yesterdays gains, we did close off the days lows. Should investors really be concerned about the potential end of the feds easing program . Ben pace from deutsche bank, private Wealth Management is with us and greg ipp, with the economist
And hollande calls the bid for alston unacceptable and focusing on Getting Better offers if the firm. A warm welcome to todays program. Plenty to get through in the Corporate News front. Well be focusing on the bank sectors. But before that, we have the final print of the eurozone pmis. And they have come in at 53. 1. They were forecast at 53. 1. But its the highest since june 2011. Com miss composite 54, german 53, forecast at 55. Italian april surface pmi, 51. 1, and that was forecast at 50. 2. French services pmi, 50. 4. So again the two economies most concerned about coming into the beginning of the year showing continue rebound. Eurodollar up to 139. 20. Up to the best levels of the session. In fact were up to nearly the highest in three weeks. Joining us with his you views and for the first part of the show today, tim hayward, head of fixed income. Another sign of increasing activity in the economies weve been most worried about. Spanish yields now below 3 for the first im time i
It will take decades before the spill is cleaned up. As for the cost, the air force has already spent 50 million, and believes that figure will double at least. Ifill those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by at bae systems, our pride and dedication show in everything we do; from Electronics Systems to intelligence analysis and cyber operations; from combat vehicles and weapons to the maintenance and modernization of ships, aircraft, and critical infrastructure. Knowing our work makes a difference inspires us everyday. Thats bae systems. Thats inspired work. Ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, l
It will take decades before the spill is cleaned up. As for the cost, the air force has already spent 50 million, and believes that figure will double at least. Ifill those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by at bae systems, our pride and dedication show in everything we do; from Electronics Systems to intelligence analysis and cyber operations; from combat vehicles and weapons to the maintenance and modernization of ships, aircraft, and critical infrastructure. Knowing our work makes a difference inspires us everyday. Thats bae systems. Thats inspired work. Ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, l