Closing bell. Im kelly evans. Im bill griffeths. Fourth time was a charm. This is our first rally of 2014 after declines. Pretty good Economic Data, the trade deficit number was strong enough. Thats 10 of our economy. So that bumped up the growth estimates for the quarter. The trade deficit figures were a big deal. Very excited about trade deficit. You can talk about the Immediate Impact to the Fourth Quarter gdp numbers. 2. 4 to 3. 3 on that report alone. Could you talk about what it means for the u. S. Energy story. Could you talk about what it means for the u. S. Dollar because the trade gap which is part of the current account is shrinking quickly. Were here to talk about the rally. The dow is up 114 points. Not far from the high of the day, but we got a ways to go before an alltime high. As bad a start as weve had to the year, were only 40 points off the closing high for the Dow Jones Industrial average. Were only 10 or 11 points for the s p 500. Its the Rolling Stone article that
For some economists, but stocks over there are in the green. Our roadmap begins with the coldest arctic blast in at least 20 years affecting more than half the nations population. Wreaking havoc on commutes, travel and businesses. And the s p meanwhile looking to avoid doing something it hasnt done in a very long time, that is, a fourth consecutive time since the start of the year. Morgan stanley downgrading netflix from underweight to equal weight. And scott cohen reports Jpmorgan Chase officials will avoid madoff related penalties and jury selection begins for the inside trading case for s. E. C. Capital Portfolio Manager Matthew Martoma. A deep freeze is gripping much of the u. S. Forcing businesses and schools to close canceling thousands of flights. Its one of the coldest arctic outbreaks since the 90s and its taking a toll on the midwest, the deep south and even the east. That news is sending natural gas futures higher, its the lead of the usa todays money section. Talking about
Daddy loves you. And sounds of progress. An update on the little boy whose groundbreaking surgery let him hear his parents voices. Its like a little miracle every time he hears something to me. Captioning funded by cbs ng funded by cbs this is the cbs morning news for thursday, october 24th, 2013. Good morning. Good to be with you. Im annemarie green. Well, the main contractors who put together the troubled Health Insurance website testify on capitol hill today. The president says he is upset by all the problems with the Health Care Rollout and so are fellow democrats. Tara mergener is in washington. Tara, good morning. Good morning, annemarie. A number of democrats are joining the call now for accountability. Today contractors for the nearly 400 million project will tell their side of the story to angry lawmakers. Developers for healthcare. Gov will head to capitol hill this morning for hearings about the website, which has been slow and unresponsive for millions of users. The rollout
Bank of over two decades is reportedly near a settlement over it role in the scandal. Will this help the banks massive issues . All that and more tonight on this monday, january 6th. Good evening, everyone, and welcome. Its an historic day for the United States and its economic policy. For the first time ever, a woman, brooklynborn economist janet yellin, is poised to be sworn in as the nastions top banker. Early this eve tng senate voted to confirm the 67yearold yellin as the chair of the federal reserve. Shes now its vice chair. Eamon javers joins us live in the nations capitol with more on tonights vote and what it means for Interest Rates, the feds stimulus plan, and the american economy. Welcome. Lets start with the details. How close was the vote . In the end, tyler, she had more votes than she needed. The final vote was 5626. And you may notice that that does not add up to 100 senators. We have a lot of missing senators today because of some of those travel glitches around the c
Reportedly near a settlement over it role in the scandal. Will this help the banks massive issues . All that and more tonight on this monday, january 6th. Good evening, everyone, and welcome. Its an historic day for the United States and its economic policy. For the first time ever, a woman, brooklynborn economist janet yellin, is poised to be sworn in as the nastions top banker. Early this eve tng senate voted to confirm the 67yearold yellin as the chair of the federal reserve. Shes now its vice chair. Eamon javers joins us live in the nations capitol with more on tonights vote and what it means for Interest Rates, the feds stimulus plan, and the american economy. Welcome. Lets start with the details. How close was the vote . In the end, tyler, she had more votes than she needed. The final vote was 5626. And you may notice that that does not add up to 100 senators. We have a lot of missing senators today because of some of those travel glitches around the country. Senators were not ab