Health of retail looks like. Tough to get handle on retail these days. So diverse. Plus after a recent rash of airline glitches, there are new calls from congress for airlines to overhaul their i. T. Systems. We will talk to that man there, senator Richard Blumenthal, one of those lawmakers behind the initiative. He and senator marky from massachusetts sent a letter today to those airlines seeking answers to the latest glitches here. And reporting earnings after closing today, tech giant getting toward layoff 14,000 employees, nearly 20 of its work force. Shares down about 1 on the news with those earnings coming up. Over that over the next couple of hours. Lets get to fed minutes and markets reaction in a minute. First a closer look at todays earnings mess in retail. Courtney reagan has the low down for us. Plus some recap of the special guests you had last hour. Courtney . Hi, bill. Remember last week we talked about retail resurgence, but i said, whoa, not so fast . Today targets tr
more. i m tyler mathisen with sue herera and brian shactman. power lunch begins right now. how about this, the dow closed with a triple digit move only once this year on january 3rd, that was the first trading day of the year. europe interests today on the front burner and u.s. consumer spending is flat. we re off the lows but a triple digit move still on for the day. 75 points in the dow, s&p 500 down more than half a percent. the pulse of the markets that yield on the 10-year touching a fresh 2012 low today. the 5-year hit an all-time low by the way. that yield at 1.82. the euro a little weaker and the dollar stronger. and of course we have the vix just a touch below 20 to the upside. midday movers big drop for ga net. wendy s lower on a 30% drop in earnings down almost 2%. on the upside, amlen up. pep boys being taken private by a p/e firm and thomas and bets getting bought. it s up 22.5%. more details and the trading floor with marry thompson at the nyse. started ov