Transcripts for CNN New Day 20140512 10:53:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
al of them souring for the investing public. it was widespread internet, health care, nasdaq, taking its biggest hit in two and a half years, dow hit, s&p, all the major exchanges. so, before you step back and want to say, it s the end of the world, we re flat. that where we are. we have scott, and francis, melissa. why is everybody scared use, the fed bounce, and since then everything has been i m trying to tech names, biotech, and all the things inflated we have questioned. that is where you re seeing a lot of the bleeding. interestingly enough, money goes out of one place into
dozens are in syria for this conference where the government is face-to-face with the assad regime. a state of emergency in thailand. a serious situation mass protests spent on toppling the government are paralyzing parts of bangkok. this follows weeks of deadly clashes. opponents want the prime minister to step aside calling her a corrupt puppet of the former leader ousted in 2006. the emergency decree could lead to curfews and bans on public gatherings. thai officials have ruled out using force. dow futures lower. dow hit with disappointing earnings. finished 44 points lower. s&p and nasdaq higher. in europe, frankfurt and paris higher. in asia, the nikkei finishing with gain. arabian markets benefitting from the bank of china s moves to ease fears of a credit crunch. here in the u.s., we re watching shares of ibm in the premarket
before he could get there. a syrian peace process begins today. the new report claims the u.s. is now funneling cash and other aid to rebel groups in hopes of fighting extremists in syria. the newspaper the telegraph said the efforts are in connection with saudi arabia and qatar battling for control of syria. a state emergency today in thailand as pass protests spent on toppling the government are paralyzing parts of bangkok. this follows weeks of deadly clashes there. and calling her the puppet of a former leader. the emergency decree could lead to curfews and bans on public gathers. thai officials say they ve ruled out using force to the rally. the dow hit with disappointing earnings, finish, down 44 points.
the dow rose above the 16,000 mark for the first time ever. we haven t seen levels like that for 13 years. the market kept setting and then breaking records throughout the year and all the dow closed at a new high 52 times in 2013. alison kosik is standing by at the new york stock exchange. this will be a year to remember on wall street. reporter: it certainly will. how fitting a champagne company rang the closing bell today. it will be remembered this year for the sheer number of records that the dow hit. count them, 52 just this year. that includes today. so yes, the dow wrapping up the year at the highest level for the average. a year ago today, just think of it, we were on the verge of falling off the fiscal cliff. who could have seen this rally coming. the dow s up 26% for the year. the nasdaq s up 38%. been a great year for tech stocks. the s&p 500 which is what most of our retirement and mutual funds track, that s up 29%. in a typical year just for some perspective, you