We begin tonight with major developments on the Foreign Policy front. A Senate Intelligence Committee Report blames the state department an the pentagon from failing to protect the u. S. Consulate in benghazi. Better security may have stopped the september 2012 attack that killed Chris Stevens and three other americans. In egypt a vote on constitutional referendum was peaceful. Voter turnout was high, in spite of the Muslim Brotherhood call for a boycott. 75 people dead dozens of others injured, six car bombs explode he in and around baghdad this morning in predominantly shia neighborhoods. Senator john mccain has been an outspoken critic, the situation with the iraqi Prime Minister yesterday and today i asked him about that meeting. It was kind of bleak actually john because the deputy Prime Minister who you know is a sunni made a very strong case that maliki has been really alienating the sunnies for a long time in a variety of ways. And he made the point that a lot of us have made,
Around. The dow took a steep dive of nearly 200 points yesterday with the rest of the market following cu with the exception of gold which gained 18 per ounce. Potential Market Movers today will be gdp numbers and earnings. Last night facebook shares soared more than 12 after beating analyst predictions. And, lenova is set to buy googles motorola handset unit for 2. 9 billion dollars according to reuters. Todd horwitz of average joe options joins us now to talk about the fed fallout. Good morning. I like to call you dr. Doom and gloom but you pegged it right. Good morning angie. Yes, the fed did come out with their tapering announcement but i think the feds a little bit concerned here. I think their unintended consequences of the entire program is starting to show up through all of the markets including the emerging markets. Exactly. Which leads me to the turkey situation and the other emerging marketswhat do you think is likely to happen here . I think theres a good chance that theyre
Looking for answers. Losing altitude. Boeing the Worlds Largest planemaker says profits this year wont be as strong as expected. Why, and should investors be concerned. We have all that and more tonight on nightly Business Report for wednesday, january 29th. Good evening, everyone, and welcome. The weather outside continues to feel like, well, january and why not it is january. But inside in trading rooms and on computer screens all across the country it feels more like november. Specifically todays Closing Stock market numbers do. The dow had its lowest close since november 7th. The s p 500 since november 12th. Trading was choppy, volatility high. Ongoing worries about emerging market economies and currencies contributed to the slide but so did a downbeat outlook from the dow component boeing. But the third part of the triple whammy came from the Federal Reserve. Its policy setters announced a further 10 billion reduction in its stimulus bond buying program. On the day the dow fell mo
Year wont be as strong as expected. Why, and should investors be concerned. We have all that and more tonight on nightly Business Report for wednesday, january 29th. Good evening, everyone, and welcome. The weather outside continues to feel like, well, january and why not it is january. But inside in trading rooms and on computer screens all across the country it feels more like november. Specifically todays Closing Stock market numbers do. The dow had its lowest close since november 7th. The s p 500 since november 12th. Trading was choppy, volatility high. Ongoing worries about emerging market economies and currencies contributed to the slide but so did a downbeat outlook from the dow component boeing. But the third part of the triple whammy came from the Federal Reserve. Its policy setters announced a further 10 billion reduction in its stimulus bond buying program. On the day the dow fell more than 1 to 15,738. The nasdaq also tumbled and s p finished at 1774. In every other way, th
Planemaker says profits this year wont be as strong as expected. Why, and should investors be concerned. We have all that and more tonight on nightly Business Report for wednesday, january 29th. Good evening, everyone, and welcome. The weather outside continues to feel like, well, january and why not it is january. But inside in trading rooms and on computer screens all across the country it feels more like november. Specifically todays Closing Stock market numbers do. The dow had its lowest close since november 7th. The s p 500 since november 12th. Trading was choppy, volatility high. Ongoing worries about emerging market economies and currencies contributed to the slide but so did a downbeat outlook from the dow component boeing. But the third part of the triple whammy came from the Federal Reserve. Its policy setters announced a further 10 billion reduction in its stimulus bond buying program. On the day the dow fell more than 1 to 15,738. The nasdaq also tumbled and s p finished at