And a massive win caring are i a 6 billion deal for the peruvian copper operation. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And welcome. Ukraine braces for military action this morning. There was no evidence that the rebels is complied. The ukrainian authorities have described this as terrorist operations and is laying the blame squarely on russia. Speaking at emergency meeting at the u. N. Security council over the weekend, russias ambassador accused the government of using criminal force. However, they criticized moscow saying it amasked tens of thousands of borders on the border. Samantha powers also accused russia of interfering in ukraine. We know who is behind this and is the only entity area in the area capable of the coordinated professional military actions is russia. The russian stock market fell down by 1 president 6 today. The ruble weakened in early weekend due to rising tensions. The russian finance minister said moscow is not u
Finishing at 1768. No new records for the dow or s p tonight but not a bad start to the week. Bob pisani following the action as olzalways. Now historic high for dow transport. Weve been talking about it all day, due to airline stocks. Historic highs on delta, u. S. Air all on the upside. Low oil since going back to june. Thats a big help. Thats what moved it forward. Speaking of oil, ive been talking about exploration and production stocks. Its the fracing plays and Companies Involved in fracing plays, northern oil, concho, they were strong all day again. The big surprise has been exxon. Theyve been dead money all year. Moved up again big today. Since earnings last week there were modest increases in Oil Production. Theyve been flat to down for years. They spent a lot of money on capital expenditures. Bulls are out saying we might see growth in Oil Production from exxon. That was 85 a month ago. Thats a big move for exxon in the last few days. Lets talk about housing stocks. Realology
Setting up for pretty nasty open. At least if youre long at this point. Look at the tenyear. Thats become an important oh, its always important but its become perhaps important again to whats going on in terms of trading and the view of the overall equity markets rising to twoyear highs after weekly jobless claims fell to levels not seen since october of 07. Yes that is a good thing. In fact, you could argue thats even a good thing, too. Lets get to the road map. It starts with the major indices in the red. Investors wondering whether we were in taper territory as two dow components red on the market. One is walmart. Shares rolling back today after the retail giant cuts the fullyear forecast citing tightened Consumer Spending and payroll tax increase. Another dow component deep in the red today as well is going to be cisco. Company cutting 4,000 jobs despite an increase in profits that is sending the stock down sharply in premarket trading. And organic food maker annie is up 40 out per
Chine chinese manufacturing pmi. Angela merkel wins a third tern as german chancellor. Some manufacturing numbers with weak. Apple selling a Record Number of its new iphones, recording that 200 million devices are now running ios 7. Leadership here and abroad changes the dow with the addition of nike, visa and goldman sachs. In germany, no change as chancellor Angela Merkel wins election shares of blackberry slipping. They expect a nearly 1 million dollop per rating loss will cut some of its workforce. A vint bid with private equity netflix shares, what else, they are higher. They did have a victory yesterday at the emmys well start with p ale. The tech giant announcing it sold 9 million new models. Apple says demand for the 5s has exceeded new supply. More than 200 million ios devices are running. Some estimates were close to five. Hard to be off by nearly 100 . The street has been getting apple wrong. The street should be listening to david pogue, to what the critics said. They were
[ male announcer time and sales data. Splitsend stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youllust your brain box. All onhinkorswim from td ameritrade. Liz countdown to the countdown. Rebuilding america. The president wants to fix bridges, roads, and power grids. The company the president tips his hat to, siemens usa at the heart of the infrastructure. Ceo and president talking to us exclusively about the repair work and what it means for jobs in this country. Plus, making money in Real Estate Investment trust without any of the exposure to the gyrations of the stock market. A ceo who runs one of the top private funds in the u. S. It is a fox business exclusive. And will today be the day . Will the dow take at its alltime high countdown to the closing bell begins right now. Liz looks like we might get there, but hi, everybody. Im liz claman. The last hour of trading. Selling started to pick up. Stocks are trading near sessi