Captioning sponsored by wpbt this is n. B. R. Susie good evening, everyone. Im susie gharib. Tom will be along a little later in the program. Lastminute christmas sppers filled the stores today, but will it be enough to push retailers into the green this Holiday Season . The clock is ticking to the fiscal cliff deadline, but with those talks on hold, so is the santa claus rally on wall street. And theyre a rare breed in corporate america. We look at why so few c. E. O. s are women. That and more, tonight on nbr. Susie not a very merry day of trading on wall street today. It was a holiday shortened session, and the investors and traders working on this half day were playing it safe, especially with the fiscal cliff talks on holiday break as well. When the closing bell rang at 1 00 eastern time, the dow was down 51 points, the nasdaq lost eight, and the s p was off 3 points. So while wall street worked half a day, washington was on vacation. Lawmakers are increasingly pessimistic about a
Strength of the market. I often feel the averages can be misleading. The averages always play a ole in thinking about the power of the move. But its how the market rallies. What stocks make up the advance and why they are advancing that really makes a difference for this guy. First, yes, i care about the direction of the averages. Provided that the wealth in the averages is spread across many different sectors. Remember, there are good rallies and badle rallies. The house of pain. House of pleasure. A good rally has many sectors rising with with good leadership. A house of pain rally is led by stocks representing one or two sectors as was the case in the runup to the financial crisis with the miners, minerals, oils and fertilizerers stocks leading the advance. Thats an unholy group of generals that cant get the job done. More reason to sell, sell, sell. Than to buy, buy, buy. The more the merry and the stronger the rally. That made me excited today. Until today a group was with left be
Also on the shelf trapped in the cold and dark with winter on its way 4 and a half 1000000 ukrainians without power. After relentless russian airstrikes, key accuses moscow of energy. Terrorism plus twitters new boss, billionaire. Ellen musk begins slashing jobs in a bid to make the platform more profitable. Ah, im pablo for lily as welcome to the program. Germanys chance at all f sholtes press china on its support for russia in ukraine during talks in beijing on friday with chinese liter shipping ping and premier li cook chang. Sholtes also addressed controversy over economic and human rights issues. Hes traveling with a business delegation and has faced calls to reduce when hes over dependence on its biggest trading partner. Allies like france and the u. S. Are critical of the visit. Now while schoultz was outspoken on russia, lee, kirk chang didnt even mention chinas allied by name. Both eaters raised the issue of grain exports being affected by the war. And heres what they had to s
Both when the show trapped in the cold and dark with winter on its way 4 and a half 1000000 ukrainians with high power after relentless russian air strikes, keith accuses moscow of energy, terrorism, and international condemnation, after pakistans iran plan is shot at a protest rally the gunman allegedly confess, saying he was attempting to assassinate the former Prime Minister. Plus twitters new boss billionaire, ellen musk began slashing jobs in a bead to make the platform more profitable. Ah, im pablo foley, as welcome to the program. Germanys chancellor, olaf schoultz press china on its support for russia in ukraine during talks in beijing on friday with chinese. Peter seizing ping and premier li tech young sholtes also addressed controversy over economic and human rights issues. Hes traveling with a business delegation and has faced calls to reduce germanys over dependence on its biggest trading partner. Allies like france and the us are critical of the visit. Now, whilst shots wa
Our sense of the profound and. Nduring loss of mandela served for five years as the first black resident of south africa after the African National congress artie help end apartheid in 1994. Guy johnson has more on the mandela legacy. Firstree man takes his steps into a new south africa. From prisoner to president , his 1990 release from jail signaling the end of the racist policy of apartheid. He would go on to become the countrys first truly democratically elected leader. I do hereby promise to be faithful to the republic of south africa. Wasorn to a local chief, he one of 13 children and the first member of his family to attend school. He began opposing the white minority a policy of apartheid, laws that segregated society and made colored South Africans secondclass citizens. Byst, mandela was moved gandhi. More aggressive, so did he. As the head of the armed wing of led ational congress, he violent sabotage attacks and was arrested and tried in 1962. He would spend 27 years in jail