It continue . Erika miller reports. Reporter selling was heavy in crude oil today, as it was in most commodities. But crude also fell on new Inventory Data showing a big jump in oil supplies. Today we had an inventory number which came out, which we were expecting a build of around two million barrels. We got a build of around four million barrels. Reporter across the room, gold futures were little changed. Although Industrial Metals like platinum and palladium got slammed. Grain prices also plunged, with wheat hitting an eightmonth low today. The thomson reutersjefferies c. R. B. Index, a Global Commodities benchmark, fell 1 today. Thats the sharpest oneday slide since early november. A big factor behind all the declines is a rally in the dollar. Another driving force of the selloff in commodities is worries about the global economy. If growth falters, there will less demand for most raw materials. The minutes from the federal reserves most recent meeting suggested the central bank ma
It continue . Erika miller reports. Reporter selling was heavy in crude oil today, as it was in most commodities. But crude also fell on new Inventory Data showing a big jump in oil supplies. Today we had an inventory number which came out, which we were expecting a build of around two million barrels. We got a build of around four million barrels. Reporter across the room, gold futures were little changed. Although Industrial Metals like platinum and palladium got slammed. Grain prices also plunged, with wheat hitting an eightmonth low today. The thomson reutersjefferies c. R. B. Index, a Global Commodities benchmark, fell 1 today. Thats the sharpest oneday slide since early november. A big factor behind all the declines is a rally in the dollar. Another driving force of the selloff in commodities is worries about the global economy. If growth falters, there will less demand for most raw materials. The minutes from the federal reserves most recent meeting suggested the central bank ma
Captioning sponsored by wpbt this is n. B. R. Susie good evening. Im susie gharib. Hewlettpackards turnaround gains traction, c. E. O. Meg whitman in with a winning quarter and an improved outlook. Tom im tom hudson. From weakening demand, to currency concerns, we look at whats behind the big selloff in commodities. Susie and u. S. Companies and infrastructure are increasing under the threat of cyber attack. We look at a new plan tying safeguards to trade policy. Tom that and more tonight on n. B. R. susie on the comeback trail, Hewlett Packard posting better than expected First Quarter results tonight, as a wide ranging revamp of the struggling computer maker takes hold. And its shares take flight, rising over 6 in after hours trading. H. P. Earned 0. 82 a share, 0. 11 better than wall street had anticipated. And revenues, while down at 28. 4 billion, also beat the street. C. E. O. Meg whitman has been on the job 17 months, speaking with investors today, whitman said she felt good abo
Anticipated. And revenues, while down at 28. 4 billion, also beat the street. C. E. O. Meg whitman has been on the job 17 months, speaking with investors today, whitman said she felt good about the rest of the year, and that last years hard work was paying off for h. P. But, analysts say h. P. Is not out of the woods yet. Its the type of thing that can be fixed quickly. This isnt going to take several years to play out so first of all it seems like meck whitmans vision is very much on track but were not seeing that play out in the financials, but it is encouraging that guidance was better than we thought it would be. He also says he expect morse writeoffs and pain from previous acquisitions ahead for hp. Meanwhile shares close the regular session at 17. 10 but as we mentioned earlier this were up as much as 6 on extra hours on the earnings numbers. Still ahead on our program tonight, ford is hiring in high oy, please take a look creating new job. The u. S. Economy is not adding jobs, t
Hewlett packard posting better than expected First Quarter results tonight, as a wide ranging revamp of the struggling computer maker takes hold. And its shares take flight, rising over 6 in after hours trading. H. P. Earned 0. 82 a share, 0. 11 better than wall street had anticipated. And revenues, while down at 28. 4 billion, also beat the street. C. E. O. Meg whitman has been on the job 17 months, speaking with investors today, whitman said she felt good about the rest of the year, and that last years hard work was paying off for h. P. But, analysts say h. P. Is not out of the woods yet. Its the type of thing that can be fixed quickly. This isnt going to take several years to play out so first of all it seems like meck whitmans vision is very much on track but were not seeing that play out in the financials, but it is encouraging that guidance was better than we thought it would be. He also says he expect morse writeoffs and pain from previous acquisitions ahead for hp. Meanwhile sh