But the house is still out and no new negotiations are scheduled. Consumer confidence is plunging taking the market down with it. Which ended 16 points. Trending back and forth. As jobless claims to drop to the lowest level. Today we look at the un study future of the middle east. What risk lies ahead lets get to speed with the markets are we going over the cliff . Consumer confidence is dismal lets go to Nicole Petallides at New York Stock Exchange. The market under pressure hovering around 13,000 where were sitting right now. Othellos of the day. We have recouped some of the losses but were still down over 100 points. Every single component is a red. Johnson johnson. Pfizer. Aluminum. And materials. Jpmorgan that hit a 52 week high it is now a loser. With the vix index look at the levels the volatility index it is a showing and the indication there is nervousness with washington. What will lawmakers do with a decision . This is the highest point of a oneyear term. The highest point i
Food and energy up. 1 of 1 . David apple right out of the gate. The stock rebounding after the slide yesterday. Investors brushing aside concerns that sales of new iphones might be disappointing. Liz there are reports this afternoon that at t is seeking buyers for its cell phone towers. These towers could fetch as much as 5 billion. David despite concerns about Interest Rates, homebuilders are more optimistic than at anytime since the mid 2 thousands. National homebuilders Housing Market index remaining at 58 this month, the same level as in august. Liz the sec announced Enforcement Actions against 23 securities firms. Securities Exchange Commission saying those firms improperly participated in Public Offerings after betting against the stocks. 22 firms have settled with the sec. David a bigger version of the boeing 787 dream liner is taking off. They hope the 7879 will help increase dreamliner sales and put the aircrafts previous battery problems in the rear view mirror. After the bel
It is almost as if they dont care how brazenly sound funny face down and disingenuous they are. E hear from citi and bank of america. Melissa im Melissa Francis and heres whats money tonight. Well you probably heard about shells grounded alaskan oil rig but did you know why it might have been moved, to avoid taxes. Well drill down on those details. Plus ditching the gas tax by the side of the road. Virginia governor Bob Mcdonnell, wants his states 17. 5 cents gas tax gone for good but he wants to raise another tax instead. He will join us in a fox business exclusive to tell us how it all shakes out. A landmark decision in the sports world. Major League Baseball will start random in season testing for steroids. Will the help its tarnished image and bring in ticket sales . We have former Cincinnati Reds pitcher, rob dib bill. Even what they say it is not it is always about money. Melissa all right. First lets take a look at the days market headlines. Stocks reversed early losses capping
Another fed official, st. Louis fed president James Bullard, said it made sense not to lawn of the paper this month because of low inflation readings. He spoke with our own peter barnes of course. David meanwhile want to talk about volatility, talk about apple. Apple stock is fluctuating bigtime as the iphone fans buy new handsets, 5ss, and cheaper 5cs. They went on sale today. Caterpillar saying the worldwide sales weakened the past three months because of slowing demand for commodities from countries such as china. David darden restaurant, parent of chains like olive garden, red lobster. It is getting crushed because of a dismal Quarterly Earnings report and forecast. House republicans led by Speaker John Boehner passed legislation to fund the government through december 15th. It include measures to derail obamacare. Those measures make it means the initiative will be killed by senate democrats. After the bell starts right now david what a seesaw week. With number one thing that coul
David and the number one thing to watch next week will be bank earnings. Bac and everything on thursday. Well hear from jpmorgan, goldman sachs. Thursday we hear from citi and bank of america. Melissa im Melissa Francis and heres whats money tonight. Well you probably heard about shells grounded alaskan oil rig but did you know why it might have been moved, to avoid taxes. Well drill down on those details. Plus ditching the gas tax by the side of the road. Virginia governor Bob Mcdonnell, wants his states 17. 5 cents gas tax gone for good but he wants to raise another tax instead. He will join us in a fox business exclusive to tell us how it all shakes out. A landmark decision in the sports world. Major League Baseball will start random in season testing for steroids. Will the help its tarnished image and bring in ticket sales . We have former Cincinnati Reds pitcher, rob dib bill. Even what they say it is not it is always about money. Melissa all right. First lets take a look at the d