Forecast for global growth. The business ramifications of a post fidel castro world, will the president elect reverse the thawing of relations . Plus, the American Consumers back, at least according to estimates from the shopping weekend. But did retailers benefit . And at t goes over the top, another Online Service aimed at cord cutters. Were going to have those details in a moment. First up, a new trading week after the three major indices closed friday trading at record highs. Same goes for the russell which is coming off its 15th straight day of gains since february 96. Small caps up 12. 7 since the election. The russell, guys, only had two streaks longer than this one in its history. This is remarkable rally because its based on everything that this guy says. Like anything that trump said is going to come true. And i think thats because people just feel like the republican partys going to fall in line. You know, i have to tell you that the agencies control a lot of what happens to
European central bank designed to help jump start the regions sputtering economy. Starting in march, the European Central bank will buy upwards of 70 billion worth of government and private bond. Every month for at least the next year and a half or as long as its needed. That aggressive stimulus that could total more a trillion dollars was even more than Global Investors expected which helped stock here and around the world move higher today. On wall street the dow soared 259 points with the utilities index setting an all time record high. Todays 83 points gain in the nasdaq and 31 points for the s p 500 were enough to wipe out all of januarys losses with those indexes. Steve liesman now with a closer look at whats in the ecbs bondbuying plan and how it will work. Reporter the European Central bank finally put its money where its mouth has been for the past months way back in july of 2012 mario draghi promised. Ecb is ready to do whatever it takes to preserve the euro. Reporter today,
European central bank designed to help jump start the regions sputtering economy. Starting in march, the European Central bank will buy upwards of 70 billion worth of government and private bond. Every month for at least the next year and a half or as long as its needed. That aggressive stimulus that could total more a trillion dollars was even more than Global Investors expected which helped stock here and around the world move higher today. On wall street the dow soared 259 points with the utilities index setting an all time record high. Todays 83 points gain in the nasdaq and 31 points for the s p 500 were enough to wipe out all of januarys losses with those indexes. Steve liesman now with a closer look at whats in the ecbs bondbuying plan and how it will work. Reporter the European Central bank finally put its money where its mouth has been for the past months way back in july of 2012 mario draghi promised. Ecb is ready to do whatever it takes to preserve the euro. Reporter today,
European central bank designed to help jump start the regions sputtering economy. Starting in march, the European Central bank will buy upwards of 70 billion worth of government and private bond. Every month for at least the next year and a half or as long as its needed. That aggressive stimulus that could total more a trillion dollars was even more than Global Investors expected which helped stock here and around the world move higher today. On wall street the dow soared 259 points with the utilities index setting an all time record high. Todays 83 points gain in the nasdaq and 31 points for the s p 500 were enough to wipe out all of januarys losses with those indexes. Steve liesman now with a closer look at whats in the ecbs bondbuying plan and how it will work. Reporter the European Central bank finally put its money where its mouth has been for the past months way back in july of 2012 mario draghi promised. Ecb is ready to do whatever it takes to preserve the euro. Reporter today,
To help jump start the regions sputtering economy. Starting in march, the European Central bank will buy upwards of 70 billion worth of government and private bond. Every month for at least the next year and a half or as long as its needed. That aggressive stimulus that could total more a trillion dollars was even more than Global Investors expected which helped stock here and around the world move higher today. On wall street the dow soared 259 points with the utilities index setting an all time record high. Todays 83 points gain in the nasdaq and 31 points for the s p 500 were enough to wipe out all of januarys losses with those indexes. Steve liesman now with a closer look at whats in the ecbs bondbuying plan and how it will work. Reporter the European Central bank finally put its money where its mouth has been for the past months way back in july of 2012 mario draghi promised. Ecb is ready to do whatever it takes to preserve the euro. Reporter today, amid declining inflation and gr