Falling for three consecutive days. The lowest level in two months. We are seeing this downbeat sentiment. S p futures trading lower. Of course, a different story in shanghai. Still managing to stay in positive territory. Although slightly unchanged from friday, but remember, on friday, the shanghai composite closed above 5000 for the First Time Since 2008. It is still trading above that 5000 level. Back to you. Rishaad we have got more evidence of that 7 growth target in china. It is under threat once more. We have got exports and import numbers coming through. Down in may, both of them. Weaker internal and struggle demand responsible. Steve is looking at these numbers. Steve widely in line with expectations. Exports performing a little bit better but they are down. Exports down 2. 5 in may. They have fallen every month this year except for february which has extreme seasonal distortion. They were down 6. 4 in april. 15 down in march. The estimate was for. 4 down. We do not expect the
Moody. I know. I know. Im Russell Rhodes outside with dave. Laura. Hello. Its incredible. It looks beautiful. It looks incredible. A breeze. Its cool. Its nice. I love it. Warmer than normal again today. 98th day since july 1st. That is great. Great right now. It is beautiful outside. You know what it is, those dew points. We got back to upper 50s. Ands long as they can stay there, it will be like this. Were at 73 degrees. Thats our 9 oclock temperature at the airport. Lower 70s couple of spots are still straggling along in the 60s. As russell mentioned breezy 10 to 18 mile per hour indz with. A warm wind. Will get us back likely into the mid 80s for today. Another lovely day tomorrow. Election day, no weather problems in our entire state. High of about 82. All right. Dave, thanks. We want to check roads right now. Its 9 01. We want to update some previous crashes which were larger ones pinecrest we do have improvements to delays we were seeing here northbound direction we still have s
It seems the ecb is cornered because they have to remain credible. They have promised more. They can do three things to deliver. What will they do . Tom some early stage ands about what the ecb can do. Guests as youreat know, mind up. Lets get to the first world news. Reporter thank you. The European Central bank has a challenge today. It has to be shown he is ready to use stimulus. He has said it is too early to decide whether to expand. Meanwhile, the Economist Survey by bloomberg critics predicts the ecb will keep rates of the same. China says they will invest more than 9 billion in the First Nuclear power project in the u. K. Chinese Nuclear Company is designing a future u. K. Reactor. John boehner is being replaced by paul ryan. Rayan says he wants to hear from the two other groups by the end of the week. Hillary clinton will appear before the benghazi committee. This is regarding the attack in libya. Republicans suggested the s motivation is political. Last month, is the hardest
Economy and create jobs and remove all doubt, remove all doubt in the full faith and credit in the United States of america. Every time you come to this floor its a question, why are we here . We are here to do the peoples work. Lets sit down. Get it done. And move forward. Instead of filling the agenda however worthy some of those initiatives may be, instead of not along with passing a middle income tax this is also reminiscent of a year ago. The president proposed, the house and senate, democrats and republicans, voted for the payroll tax holiday. The republicans in the house resisted. Painted themselves into a corner until they had no choice. The issue had been made too hot for them to handle and they finally had to come around to supporting the payroll tax holiday. And here we are again. 100 of the American People will receive a tax cut when we pass the middle income tax cut. The wealthiest people in our country will receive a tax cut up to their income of 250,000. We are asking th
The industry setting up to get really pummeled if they dont doing do something about sequestering. Back down to the floor of the new york stock exchange, happy new year, first time seeing you, nicole. Whats the word on the floor this morning . A lot of optimism. Happy new year to you as well. A lot of optimism, positive stocks here, up arrows, vix, fear insex, and five year low, youre seeing deals moving higher today, 1. 83 for the tenyear, gains across the board, all of this, obviously, a couple thicks happening here. Number one, you have lawmakers in washington averting the fiscal cliff, coming to a decision, avoiding disaster, potentially, and with that, theres on optimism here on wall street, s p 500 up 1. 7 , and dow up 226 right now, winners, people stepping in, had been on the sidelines, cashed out in december and throughout last year, concerned about taxes. They took profits and are going to get back in, traders say well see the january effect where people get in here and get b