Cooperation, and not by human suffering but by human progress, a world that is safer and more prosperous and more secure and more free than the one that we inherited. Lets get to work. Thank you very much. [applause] francine that was president barack obama, speaking where leaders are gathering to try to thrash out an agreement for Climate Change. President obama warning of submerged cities if no action is made on Climate Change. We understand the u. S. Will not sign a legally binding agreement. He also talked about the future generation. Starting friday, surveillance will be broadcasting live from for thehe top 21 cop 21 talks in paris. the u. S. Jobs report may lead the fed to raise them. China may be finally getting the respect it has wanted. Showdown in paris. Global leaders meet to resolve their differences and come up with a deal on Climate Change. But the conference itself is a security nightmare. Bricks and clicks beat bricks over the weekend. David welcome to bloomber blg. Im
Markets and futures rising ahead of todays fed decision. Cpi just out. As we said, the biggest drop for Consumer Prices in six years. Fedex is out with disappointing earnings. The stock is losing ground in the premarket. More leaked sony emails as the new York Premiere of the interview is canceled. Theaters cancel runs altogether. And an exclusive interview with the chairman and ceo of General Electric, jeffrey immelt, as General Electric wraps up its investor meeting from yesterday. All right. Futures pointing higher this morning. Oil prices falling. All ahead of the fed Statement Due out this afternoon as policymakers wrap up their twoday meeting. Joining us this morning, wells fargo Senior Adviser scott wren and eric la salle. Scott, how are you feeling . There was some general chatter yesterday that it felt a limit bottomish and hedge funds were beginning to come off the short Energy Trades and do a little more buying. What are you seeing where you are . I think, carl, it probably
Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq composite and closer to the close the selloff is accelerating here at the nasdaq. Down at fresh lows. 1. 4 so far for the day and on track to log a 3. 5 loss for the nasdaq this week, the third consecutive week of losses for the nasdaq. Semiconductors leading. Weak demand in china. Thats pushing all of the chipmakers lower, including texas instruments, micron and intel, a large cap name that tends to drive the nasdaqs performance. Thats fueling fears over Global Growth and thats in turn setting ot
From the central bank and finance ministry. Well take you to moscow for the very latest. All that and more tonight on nightly Business Report for wednesday, december 17th. Good evening, everyone. And welcome. Susie gharib has the night off. It was a day of major developments on multiple fronts and big swings up in the value of your stock holdings. The biggest, in fact, of the entire year. Start with the electrifying news the u. S. Will reverse 50 years of policy and restore diplomatic relations with cuba. Russia seemed for a day to staunch the bleeding in its currency and top it all off with signals from the Federal Reserve it wont raise Interest Rates for months if then. Last news sent stocks on a lateday tear and heres how things looked at the cloezing bell. Dow logged the best day since last december. All 30 stocks ended higher. Blue chip average surging 288 points. The nasdaq up 96, more than 2 gain and s p 500 rocketed 40 points, its best day in 14 months to put the index back abo
After extraordinary measures from the central bank and finance ministry. Well take you to moscow for the very latest. All that and more tonight on nightly Business Report for wednesday, december 17th. Good evening, everyone. And welcome. Susie gharib has the night off. It was a day of major developments on multiple fronts and big swings up in the value of your stock holdings. The biggest, in fact, of the entire year. Start with the electrifying news the u. S. Will reverse 50 years of policy and restore diplomatic relations with cuba. Russia seemed for a day to staunch the bleeding in its currency and top it all off with signals from the Federal Reserve it wont raise Interest Rates for months if then. Last news sent stocks on a lateday tear and heres how things looked at the cloezing bell. Dow logged the best day since last december. All 30 stocks ended higher. Blue chip average surging 288 points. The nasdaq up 96, more than 2 gain and s p 500 rocketed 40 points, its best day in 14 mon