The talmud teaches that if a person destroys one life, it is as if they have destroyed an entire world. And if a person saves one life, it is as if theyve saved an entire world. What an extraordinary honor to be with us as we honor four righteous individuals whose courage is measured in the lives they saved. One child. O one refugee. One comrade at a time. And who, in so doing, helped save our world. I deliver a lot of speeches. Very rarely am i so humbled by the eloquence that has preceded me. Not just in words, but in the acts that we commemorate today. To my dear friend, steven spielberg, thanks for your moving and generous words. You spoke of the importance of finding your voice and using it for good, and i know that your work, whether a masterpiece by schindlers list or the stories that you have so persistently preserved through the Shoah Foundation is deeply personal. Steven once said is the sho. A shoah is a story he was born to tell, the stories you heard from your family. Stev
And a recovery in oil prices. In fact, stocks tied to commodities rallied across the globe, and todays rally puts the s p 500 back in the green by a smidge for the year. One marketwatcher said he thinks this is the longawaited, somewhat traditional santa claus rally and that stocks were due for a bounce. By the close, the Dow Jones Industrial average rose 185 points to 17,602. The nasdaq added 44, and the s p gained 25. Oil prices recovered, ending sharply higher after an unexpected decline in crude inventories in the u. S. Opec also issued an outlook for prices, saying they were set to rise, though slowly. Domestic crude settled nearly 4 higher at 37. 50. The gains werent limited to the energy sector. Mining stocks also rallied, this on a report that china will cut its steel surplus, something thats kept prices at a decade low. If the country cuts back on production, analysts say chinas steel glut may begin to moderate in the new year. That supported a number of wellknown mining stock
And a recovery in oil prices. In fact, stocks tied to commodities rallied across the globe, and todays rally puts the s p 500 back in the green by a smidge for the year. One marketwatcher said he thinks this is the longawaited, somewhat traditional santa claus rally and that stocks were due for a bounce. By the close, the Dow Jones Industrial average rose 185 points to 17,602. The nasdaq added 44, and the s p gained 25. Oil prices recovered, ending sharply higher after an unexpected decline in crude inventories in the u. S. Opec also issued an outlook for prices, saying they were set to rise, though slowly. Domestic crude settled nearly 4 higher at 37. 50. The gains werent limited to the energy sector. Mining stocks also rallied, this on a report that china will cut its steel surplus, something thats kept prices at a decade low. If the country cuts back on production, analysts say chinas steel glut may begin to moderate in the new year. That supported a number of wellknown mining stock
Marketsen futures in the red. Fallout from the Swiss Central Bank move continues with sharp moves in the oil market. Earnings from Goldman Sachs, intel. Goldmans down 2 in premarket. Favorable and selective treatment in luxembourg. Eu lays out its case. Stocks in the midst of a fivesession losing streak. Markets continuing to absorb the surprise move by the Swiss Central Bank. Oil prices on the rise after iea slashes growth forecast for nonopec oil supply by 350,000 barrel as day, adding signs are mounting the tide will turn when it comes to price recovery. Jim, seems like currency brokers will get the lions share of the attention early on. Yeah fxcm the outfit everyones talking about, david, when i was getting made up, have you looks at fxcm i steal your thunder. Yes. You move fast in 25 minutes. When you tell me to look at something, i look at it. Downgraded to underperform. Capital raise critical for solvency. A major focus. What happened with fxcm, well get into it this hour goes o
Nearly 6 feet of snow fell in the city. Reporter there is already more than 5 feet of snow on the ground in parts of buffalo and more is on the the way. Thats a years worth of snow in four days, three days. Reporter waves of blinding lake effect snow paralyzed drivers forcing hundreds to ride out the storm in their vehicles. There was so much snow, some plows couldnt make it through. Temperatures dropped to record lows. Police found one driver dead in his car. A 46yearold male in the town of alden. The car was buried under approximately 12 to 15 feet of snow. Reporter officials are urging people to stay home. First responders are having a tough time. One crew carried a patient through several feet of snow to a hospital blocks away. Its no longer snowing here but by late tonight, another lake effect storm moves in, and it will target some of the hardest hit areas. An additional 1 to 2 feet on top of what theyve already seen. The storm also stranded the Niagara University Womens Basketba