19 year old in the heart bleed Cyber Security breach case. The new York Attorney general has subpoenaed a number of High Frequency trading firms. And, the stock market makes big gains as traders prepare for a long holiday weekend. The dow had a triple digit run, the nasdaq up 52 and the s p 19 gold up 2 and oil 20 cents. Plenty of traders and investors out there are asking which way do we go . Were turning to todd horwitz of average joe options for the answer to that. Are you perplexed by this market . And is this just a matter of a lot of machines out there hitting these Technical Levels and then buying and selling . Good morning and whats up. I think part of it has to do with the machines but we did hit the 200 Day Moving Average in the nasdaq and in the russell which caused a natural rally. I think the markets are trading in a range and as we see over the last few days until yesterdays rally we had actually taken out the lower range for a while which was 1840. Now the market looks l
Fathers kodak or the one you used to know. Can it succeed . That and more on nightly Business Report for friday, november 1st. Good evening everyone. Americans are buying cars, a lot of them in showrooms across the country were bustling in october. Despite the government shutdown, october was another month of strong auto sales, proof that the manufacturer in new car sales and trucks are one of the engines powers the economic recovery. Each of the big three scored double digit sales gains and much of that on pickup truck. General motors was in the fast lane. Sales surged almost 16 at ford sales grew 14 and chrysler they were up 11 . Phil la bow joins us from chicago with more on that. It was an amazing month. You know, the headline numbers look fantastic but when you look under the hood there are some numbers that werent so good like chevy volt numbers, they dropped. What happened . That ocho got a lot of attention today, suzy. They dropped 31. 7 for the month of october this year compa
Theres a 1year chart of microsoft, something we continue to watch but the big picture on the market, were down 140 points off of the highs of the day top to bottom swing and a lot of this concerns what may occur in syria as the president has support to move in. Adam john boehner is supporting president obamas call for action against syria following his meeting with leaders at the white house. This as we are less than an hour from the first of the series of congressional hearings on military intervention in that country. Rich edson is at the white house with more on all this. Please explain. Rich president obama this afternoon leaving for europe and the g 20 and leaves consideration of an attack on syria in that hands of congress. You just said it at 2 30 this afternoon ashore while from now the first in a series of hearings that start on the senate side continues on the Senate Committee hearing tomorrow and into a house Committee Hearing tomorrow afternoon. When congress is debating th
Fathers kodak or the one you used to know. Can it succeed . That and more on nightly Business Report for friday, november 1st. Good evening everyone. Americans are buying cars, a lot of them in showrooms across the country were bustling in october. Despite the government shutdown, october was another month of strong auto sales, proof that the manufacturer in new car sales and trucks are one of the engines powers the economic recovery. Each of the big three scored double digit sales gains and much of that on pickup truck. General motors was in the fast lane. Sales surged almost 16 at ford sales grew 14 and chrysler they were up 11 . Phil la bow joins us from chicago with more on that. It was an amazing month. You know, the headline numbers look fantastic but when you look under the hood there are some numbers that werent so good like chevy volt numbers, they dropped. What happened . That ocho got a lot of attention today, suzy. They dropped 31. 7 for the month of october this year compa
Of magna carta to protect the internets open neutral system. First, a check of the louisburg top tech tech top tech headlines. Will take over from Antonio Perez the becomes a special advisor. Clark says he is looking to emerging markets for growth as they focus on selling Printer Services to the enterprise market. Starbucks wishing further into mobile. Testing a mobile ordering system this year that will allow customers to order before going into the store. The chief digital officer tells bloomberg more than 11 of u. S. Transactions are done via mobile and says that it will double in the next year. A massive fire hit San Franciscos Mission bay neighborhood area. The flames consumed an Apartment Building under construction. Nearby buildings were evacuated. One firefighter taken to the hospital with a minor injury but no one else was hurt. The first to our top story, new details on kings ipo. Will sellcrush maker more than 21 million according to the latest sec filing. That said the valu