The dow plunged 179 points, the nasdaq 62, s p 23. Gold added 6 dollars and oil dropped 1. 09. Google is buying Home Automation Company nest lab for 3. 2 billion. Charter communications reportedly wants to buy time warner for 132. 50 per share. The government logged a 53 billion dollar surplus in december. Its expected to reduce the government deficit by 41 in the first quarter. The obamacare 2013 numbers are in. And show 2. 15 million americans signed up picked a health plan through Health Exchange websites. Jim richter of Performance Trust joins us on this Tuesday Morning for a closer look at the bond market. Good morning jim. Whats the bond market signaling about 4th quarter earnings . Good morning angie. Clearly bonds are strong this year. Had you asked 10 economists at the start of this year where rates were going they would all say they were going up. If you look at where 10 year treasury and long bond is trading they are down in yield and up nicely in price from the beginning of
Rejecting an offer from Charter Communications saying it will only be interested in 160 per share. And can francois ohland deflect attention from his love life . The french president is due to present reform for the ailing economy. But will affairs of the heart get in the way . Announcer youre watching worldwide exchange, bringing you Business News from around the world. Well, it was a far more decisive start to the equity trading session this morning. The unfortunate thing is its in the red. As you can see, 9 to 1 reds to greens taking the stoxx europe 600 down by around 0. 6 so the in the first hour of trading today. Lets take a look at the individual performance of these markets. Red. Red across the board. The ftse 100 down 50 . Remember, were going to be looking out for cpi data shortly for that. German market down 0. 7 . And the cac 40 taking their lead from both asia. I mentioned the nikkei there, but also the u. S. Session far weaker as investors likely paired some risk ahead of
The open. Dagen 4 hours. Connell do michelle ng your own accent, better than imitating party. Dagen my accent is bad to begin with. Identity anybody. Connell Nicole Petallides as a terrific accent like mine. She is from the New York Stock Exchange to talk about the market up 50 points on the dollar. Nicole 16,000 getting closer and closer to that level. Dow jones industrial average set another record today, all time record high for the dow today and at the moment of 50 points, a dish of 1 3 , 13,926, nasdaq composite of 3 points, fractional move and the s p 5 under the 0. 2 but for the most part we obscene a lot of the acrosstheboard. Retailers and banks stocks and transport and oil services looking good today. That being said what about six straight weeks of the genes for the dow and the s p so that is likely what we are seeing here today on this recordsetting day not only for the Dow Jones Industrial average but the s p 500 alltime high and the nasdaq at a 13 year high. I want to get
Stocks and stories making headlines today. Michael mckee explores this question. Why has Consumer Spending fallen . Begin with bill mattingly in washington as president Obama Asks Congress for 500 million to arm and train rebels in syria. What is this all about . Its about moderate rebels. The bottom line is, they finally feel comfortable with the cia vetting process. That has allowed them to go to congress with this request. Another important aspect that you really cannot ignore here. Isis is coming from syria. They have made their place interior right now. At the administration looks at that and recognizes we have to do something. Arming the rebels is the first and most important thing they can do. Is just thesal first step. How long until opposition rebels see the weapons . We assume they are moderate. Somebody can tell if they are moderate. How long until they are being trained to use those weapons . The process of being able to tell if they are moderate or not you hit on a key poi
For president Richard Nixon, be with us. Ill he has a fascinating new book about what really happened in watergate. Information that has never been told before. All that and more, but we go back to this big story in argentina. Joining me right now to discuss means inof this argentina, we are joined by. Asey rackham and sheila and mike mckee as well. What does all of this mean . It is not good news, that much is clear. There had been optimism that the two sides would reach an agreement, because for the first time, represented as of these hedge fund holdout Bond Investors and the argentine government got together last night in the law office of the mediator mediating the dispute. And they spent quite a few hours together yesterday. The economy rolled in sort of late in the afternoon, which surprises everybody, but they have a surprising schedule. The trading has been like. We have seen a rowley in argentine assets because of the prospect for some kind of settlement. Signal of the governm