Potential. Right now apple at 5. 29 and change. Some nice room to grow. Talking about the pressure on margins apple faces obviously intense competition but also the fact they will be launching a new iphone app coming along, all the thing these things werg about for next year and those to make it into their margins to alternately that is whether lord their price target. Mcdonalds, samestore sales moved higher and beat the analyst expectations of 2. 4 , that obviously outpaced october which is a losing month, first losing month in nine years for mcdonalds, but theyre doing well for breakfast and in europe. Lori thank you as always. Melissa president obama had to try to seeking more support for the fiscal cliff plan. Peter barnes is here with the latest. Just over an hour they will speak at a Diesel Engine plant persoextending tax cuts for fedl tax workers. Keeping up the pressure on republicans to cave on taxes after the president and Speaker John Boehner met at the white house yesterday
Market is looking a little nervous. Nicole you saw the dow down nearly 200 points. What you see is basically everybody sells everything. They are not saying i will sell my financials and hold onto my drugs. No. They are getting out today. It is the weekend. We havecome up off the as you noted, they cannot get away from the fiscal cliff. Not just yet. They have not come to a solution in washington. That is front and center. We are also seeing a flock to the area that are safe. The dollar is higher. Gold is higher. We are also there is a look at the dow jones one week. Last friday we close that 13,135. We are still actually of about 30 points for the week. That is if we were to close right here. For right now, certainly, read on the screen because there is so much concern about washington. Melissa thank you so much. Many believe the speaker in the senate, but it did notie even make it through the house last night. I next asked is not confident it will happen within the next year. We will
Welcome back to our studios in washington, d. C. We will head to india to meet its fear this new central bank governor. And looking at latin americas most pressing health issues. President obama says his red lines are the worlds redlines as he takes his campaign for the military action in syria to sweden and russia. I did not set a red line. The world set a red line. Obama repeated his call for punitive military action against the Syrian Government. His administration has been lobbying for congressional backing, and received a boost as the Senate Foreign Relations Panel gave its stamp of approval. More updates later in the program. Radioactive leakage is an ongoing concern in japans fukushima powerplant. Prime minister shinzo abe a is pledging to deal with the problem before the 2020 olympics. Tokyo is in the running to host the games. The fukushima plant has been leaching contaminated water since the 2011 earthquake and soon army. Tsunami. I will be back in 30 minutes with more. Thank
In decades. Here are the big takeaways of this historic deal. Its main goal preventing iran from developing Nuclear Weapons for at least ten years. It will also allow 24 7 inspections of irans known Nuclear Sites and those suspects of playing a role. In Exchange Iran will see the lifting of the International Sanctions that have crippled its economy. But not right away. The deal faces blistering scrutiny on capitol hill. Well talk live with Lindsey Graham. Hes here in the studio with me. First, lets break down the details for you. Nick robertson is in vienna where the deal has been struck. Lets begin with you, nick robertson. Good morning. Tell us more about this pact. Good morning, carol. Well one of the issues that secretary kerry is going to hope that sells this to skeptics is it was one of the hardest things to get agreed this was the access to the iran site bis the nuclear inspectors, the 24 7 monitoring involves the International Atomic Energy Agency increasing the number of inspe
You see this is imperilled and can be pushed back and that means pushed back off the table altogether, not surprisingly you get markets worried. Ben bernanke, the former chairman of the federal row serve said we cant take this stuff lightly. Could be a factor and could be a drag. It was today. A significant drag. Well spell it out for you. Some pockets of strength here. Not so much the stock market but the bond market. The dollar side slips away. This comes back to the notion that are we going to see any of the stuff investors have been wanting to see in the same thing that avoided the markets and sent them up double digits since donald trump was first selected in Charlie Gasparino at the same conference and others what are you hearing, bud . Neil, the mood here is anxiety. Top traders and investors here from around the country. They have their fingers on the button, whats doing on in washington. What is happening with fiscal policy is basically the number 1 tradeable item right now. T