Manufacturing is not the largest portion of the u. S. Economy, but we know it is a portion that has been waning as the services portion has been taking resident president precedent. We see the nasdaq slipping into the red. Major averages coming off the highs where they were when we initially opened up. The highs that we saw in the futures overnight, the dow and the S P Still Holding on to gain. We have also Seen Movement in oil prices. You can see oil taking a sharp leg downwards. There were not any headlines that seemed to be the catalyst. Certainly a drop in manufacturing would not be good for oil prices and we tend to see oil and stocks tracking together. Stocks coming down after we saw, oil to this leg downward. I want to look at the other assets we are watching. Gold prices have been on a run, up 1 up half of 1 . Investors have trimmed their interest in gold just a bit. This is the price of gold and this is the net long in gold funds. We have had inflows going back to earlier, thi
hey, my shirt hasn t looked this good in a long time. rock on! (announcer) the next generation laundry booster is resolve bright and white. good morning, america. on this wednesday, january 13th. i m robin roberts. and i m george stephanopoulos. breaking news this morning, a major earthquake devastates the impoverished nation of haiti. thousands are feared dead. others are trapped in the rubble. it s the worst earthquake to hit the region in two centuries. 3 million people affected. homes, hospitals. and even the presidential palace crumble in the face of the 7.0 quake. details still sketchy at this hour. we re live in the region. also this morning, the nation s top bankers set to be grilled in congress. could any of them actually face criminal charges? and conan o brien says thanks, but no thanks. breaking down in tears in front of his staff. he tells them, if nbc moves the time of his show, he s gone. good morning, everyone. our top story this morning, of course