Love with u. S. Treasuries. Gaga for google, one of the widely held stocks goes to a high and one things in the earning report that every investor needs to know about. That and more tonight on nightly Business Report for thursday, october 17th. Good evening everyone. Washington was open and back to business today, and wall street celebrated big time. The s p 5 00 closed at a new alltime high and the nasdaq setting a fresh 13year high and more milestones, the dow transport the small cap russe russerussell 2,000 and more ending at record closes. With the budget and debt ceiling deals wrapped up, investors focused on fundamentals. Stronger than expected manufacturing data from the Philadelphia Federal Reserve bank. More on that in a few minutes but first the closing numbers, the dow was the only index in the red that lost two points dragged down by disappointing earnings by three components, ihb, United Health care and Goldman Sachs. The nasdaq rose 23 and s p added 11 points at the new r
Georgia, the oncereliably republican state, could it vote blue for the first time in 28 years . Plus, former president barack obama heads out on the trail to help joe biden. Concerns about Rudy Giuliani the new reporting tonight that the Intelligence Community was worried that the president s targeted by russian agents personal attorney was being targeted by russian agents trying to discredit joe biden. Terror attack in france a history teacher decapitated in the streets near paris. Tonight, the french president vows to respond. Record wildfires tear through emlorado as high winds and extremely warm temperatures create dangerous conditions out west. Private screening . Would you spend 100 to rent out a Movie Theater . And no bones about it cbs Steve Hartman is on the road with a classic halloween story about a little boy and his best friend. This is the cbs evening news with Norah Odonnell, news with Norah Odonnell, nationsg from the nations capital. Capital. Odonnell good evening to o
The Mortgage Market is clearly the reason the economy blew up in 2008. Lots of americans were harmed. It is a market that has been troubled in many respects, both on the lending and servicing side. Have just come out with some new mortgage rules. The Housing Market is starting to recover from the subprime crash. Why do you think these rules are going to help the market as opposed to hurt it and limits mortgages . , a couple of things, a , the samethings things our Community Banks and Credit Unions have been doing for a long time, making sure there they lend money person borrowing the money will be able to repay it. Theyre not being set up to fail, they are being set up to succeed. It was not the norm in the Mortgage Market in the last decade. Place, that back into some of this cleaned up after the crisis because some of the bad loans cannot be made. We want to make sure the framework does not allow us to get into the same kind of problem again. The biggest thing is the access long befo
This is todays worldwide exchange, im ross westgate. Im kelly evans. These are your headlines two Japanese Airlines ground their 787s after a dreamliner makes an Emergency Landing. Transport officials worldwide step up scrutiny as boeings safety troubles escalate. A Helicopter Crashes in central london. Cnbc confirms it happened in the south of the capital. And auto stocks take a hit after europe logged a 17year low in new car registrations in 2012. Down 16 in december alone. It will be a big day for Bank Earnings in the u. S. Reports due out from jpmorgan and Goldman Sachs before the opening bell. All right. Its the middle of the week here on worldwide exchange. We come to you with reports of a Helicopter Crash in london south of the river, vauxhall. We know Emergency Services are attending the situation at the moment. Apparently the helicopter had just the pilot in it. There may well be others involved on the ground. What do you know about the area . Its very close to close to where
And china takes another blow with six more firms fined more from 100 million for price fixing. All right, warm welcome to the start of Worldwide Exchange. Stocks in the red today. Had the selloff in the states last night. Advancers outpacing decliners 72. The ftse yesterday down about 15 points. Then saw the dow off 93 points, s p down 9, nikkei below 40,000 this morning. This is where we stand with european, just over an hour into the session at the moment. And we pull it up. Were having a little technical issues right now. Dont know whats going on. Right. There we go. Good. Ftse 100 is down half of one point. Ftse mib up a quarter. The ibex is down twothirds. Bond market rates, keeping our eyes on gilts. Inflationary report due out 10 30 london time, half an hour from now. Maybe more dovish, mr. Carney, than some expect. We had a raft of really good data out of the uk, of course. And it is going to be about is he going to issue Forward Guidance. Gilt yields lower because of stock wea