Friday, the the stock market caved on earnings jitters and concerns about mounting trouble in the ukraine. The dow fell141, the nasdaq 72 and s p 16. Gold rallied back about 1,300 and oil dropped 1. 30. Citigroup plans to meet in may with the Justice Department to talk settlements over shady Mortgage Backed securities. And criminal charges have been filed against former ebay executive. Christoper saridakis. Hes acccused of Insider Trading involving ebays purchase of gsi commerce. Lets get down to it now with trader Alan Knuckman of one stop option. Good morning to you. Good morning angie. Youre watching the market for us today as well as the ukraine crisis. What do you think here alan . You always have to Pay Attention to geopolitical concerns but that adds volitilityit doesnt change the fundamentals. So unless something serious happens i think its just hiccups in the marketplace and i have an old theme we want to stick toits called show me the money. Eventually with what were seeing w
Themselves from future storms one year after a deadly tornado devastated their town. Saving every drop, water reaction ordering in one California City as the drought threatens its water supply. Welcome to al Jazeera America. After six months of political unrest in thailand, the country is now under marshall law. The leader of the army made that declaration this morning. Sending troops into the heart of bangkok, the army is saying the move is abled at stabilizing the country, stressing it was not a military led coup. Last week, thailand Prime Minister was removed from power and the replacement is refusing calls for him to step down. This is what the streets look like under marshall law. Soldiers are peppered on street corners. We are hearing on the outskirts of the city, the major artery from the most, east and west are military check points checking people coming into the middle parts of the city. Tuesday, people woke up to marshall law. Many are going about their daily lives. What is
Report their earnings. All that and more tonight on nightly Business Report for monday, may 12th. Good evening everyone, and welcome. Im Tyler Mathisen. Road record setting day for the markets with the Dow Jones Industrial average and the broader s p 500 both closing at fresh all time highs. And a rebound in beaten down momentum stocks helped the nasdaq see its biggest one day gain in more than a month. Heres how things wrapped up on wall street. The blue chip dow stocks added 112 points ending at a close of 16,695. The nasdaq was up 72, nearly 2 jump and the s p was up 18, closing at a new high of 1896. So what was behind todays rally in stocks . What may happen in the markets in the days ahead . Bob pisani has more. Reporter stocks started up and stayed up today. No late day fade at all. The dow industrials, the dow transports and the s p 500 all closed at historic highs. Several factors kept theep rall going all day long. First and foremost there was stability in the two most volati
Of their military helicopters has been hit by gun fire. If russia continues in this direction, it will not just be a grave mistake, it will be an expensive mistake. President obama offered his condolences in the ferry disaster. A Virgin Australian jet made an Emergency Landing at the bali airport. A drunk passenger tried to enter the cockpit. John boehner mocked his colleague for what he called a lack of appetite to tackle immigration reform. Oh, dont make me do this oh, this is too hard. A natural gas explosion sent flames ripping through a gas station and several other buildings east of seattle. Nevada Rancher Cliven Bundy is standing by his comments that africanamericans may have been better off during slavery. What i said i said from my heart. I should have mentioned hes a professor at Duke University david Duke University. An historic vote today. Players deciding whether to form the First College athletes union. The fiery crash outside of atlanta. Police had to kick out the front
Some retailers profit when they report their earnings. All that and more tonight on nightly Business Report for monday, may 12th. Good evening everyone, and welcome. Im Tyler Mathisen. Road record setting day for the markets with the Dow Jones Industrial average and the broader s p 500 both closing at fresh all time highs. And a rebound in beaten down momentum stocks helped the nasdaq see its biggest one day gain in more than a month. Heres how things wrapped up on wall street. The blue chip dow stocks added 112 points ending at a close of 16,695. The nasdaq was up 72, nearly 2 jump and the s p was up 18, closing at a new high of 1896. So what was behind todays rally in stocks . What may happen in the markets in the days ahead . Bob pisani has more. Reporter stocks started up and stayed up today. No late day fade at all. The dow industrials, the dow transports and the s p 500 all closed at historic highs. Several factors kept the rally going all day long. First and foremost there was s