Package rounding up spending. It helps the countrys Railway Stocks steam ahead. Imf Christine Legarde urging policy easing. And stronger data helps appreciating stocks to the longest rally in three months. The dow flirting with a new high. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome to todays program. We are just over an hour into trading during the european session at the moment. You can see on the stoxx europe 600 currently, advancers being outpaced by decliners by around about 5 4 at the moment. Lets show you where we stand. We hit the session lows just a short while ago. Yesterday, the ftse 100 was up just six points. Right now, its fairley flat. We have Services Data coming out of the uk. We had the latest composite services pmi ticked down 53. The flash is 54. That drives the composite on the dow 54. 3. We get the collective eurozone number in just a few minutes. Head of the ecb meeting later today. Under pressure to
Our market monitor has a list of cheap stocks that he says could soar 50 in the next year or so. We have all that and more. Good evening and welcome, what a finish to the week, the dow average closes in record territory more on that in a moment. But first, it looks like apple may sing a new tune, the Company Reportedly close to a deal to buy the headphone maker beats electronic. Founded by rapper dr. Dre and the record producer jimmy ivine, apple investors not taking a shine to the news sending apple shares nearly half a percent lower today and that is raising questions about what apple is really after in this acquisition . Is it the high end headphones or the digital downloads with itunes flattening out a bit. Maybe it is beats new streaming, or maybe joining forces with a hiphop mogul and a record producer, Morgan Brennan has more on what apple may really be after. Dr. Dre may be most famous for his music but it is his beats by dre headphone that is could make him the richest man, th
Our market monitor has a list of cheap stocks that he says could soar 50 in the next year or so. We have all that and more. Good evening and welcome, what a finish to the week, the dow average closes in record territory more on that in a moment. But first, it looks like apple may sing a new tune, the Company Reportedly close to a deal to buy the headphone maker beats electronic. Founded by rapper dr. Dre and the record producer jimmy ivine, apple investors not taking a shine to the news sending apple shares nearly half a percent lower today and that is raising questions about what apple is really after in this acquisition . Is it the high end headphones or the digital downloads with itunes flattening out a bit. Maybe it is beats new streaming, or maybe joining forces with a hiphop mogul and a record producer, Morgan Brennan has more on what apple may really be after. Dr. Dre may be most famous for his music but it is his beats by dre headphone that is could make him the richest man, th
Our market monitor has a list of cheap stocks that he says could soar 50 in the next year or so. We have all that and more. Good evening and welcome, what a finish to the week, the dow average closes in record territory more on that in a moment. But first, it looks like apple may sing a new tune, the Company Reportedly close to a deal to buy the headphone maker beats electronic. Founded by rapper dr. Dre and the record producer jimmy ivine, apple investors not taking a shine to the news sending apple shares nearly half a percent lower today and that is raising questions about what apple is really after in this acquisition . Is it the high end headphones or the digital downloads with itunes flattening out a bit. Maybe it is beats new streaming, or maybe joining forces with a hiphop mogul and a record producer, Morgan Brennan has more on what apple may really be after. Dr. Dre may be most famous for his music but it is his beats by dre headphone that is could make him the richest man, th
June and july figures were revised lower. Unemployment rate fell a notch to 7. 3 because more americans gave up the search for rork. Jim, were looking for silver lunings here. Not too many when you look at threemonth, sixmonth average now that is nothing to get excited about. Right. And everyone keeps telling me back and forth, well, wait until you see the revisions. Ive done a lot of work on this number. Ive looked at it for the last five years. This is it. This number does not look through. People will trade off this number. Dl is nothing spectacular about it. It does come in right before a fed meeting. If the taper is going to be light. We are going to see Mortgage Rates down. It will be down next week. We havent seen that in a long time. The question this morning is whether or not it would go to five. Whether the 30year mortgage would go to 5 . That doesnt appear to be in imminent danger now. Going back to 4 1 2 . This is remarkable because that is a very important component of the