Policymakers meet to decide on interest rates. All of the major indexes rose 1 or more. The Dow Jones Industrial ave 177 points to 18,212. Nasdaq added 75. S p 500 was up 21. The rally may have been sparked in part by todays soft Economic Data which lowered the possibility of a rate hike next week. Today we learned consumers did not spend as much as they were expected to last month. Thats important because Consumer Spending makes up 70 of economic activity. Inflation was flat. The central bank wants to see that pick up. Industrial production contracted as did a read on Manufacturing Activity in the new york area. So we have two reports tonight. First, Steve Leesman on whats going on with the economy. Reporter a massive amount of data released today that investors hoped would clarify the economic situation. Instead, the outlook is just as murky as before. Retail sales came in worse than expected as consumers took august spending off. Purchases in the Current Quarter remain strong. Facto
Policymakers meet to decide on interest rates. All of the major indexes rose 1 or more. The Dow Jones Industrial ave 177 points to 18,212. Nasdaq added 75. S p 500 was up 21. The rally may have been sparked in part by todays soft Economic Data which lowered the possibility of a rate hike next week. Today we learned consumers did not spend as much as they were expected to last month. Thats important because Consumer Spending makes up 70 of economic activity. Inflation was flat. The central bank wants to see that pick up. Industrial production contracted as did a read on Manufacturing Activity in the new york area. So we have two reports tonight. First, Steve Leesman on whats going on with the economy. Reporter a massive amount of data released today that investors hoped would clarify the economic situation. Instead, the outlook is just as murky as before. Retail sales came in worse than expected as consumers took august spending off. Purchases in the Current Quarter remain strong. Facto
Policymakers meet to decide on interest rates. All of the major indexes rose 1 or more. The Dow Jones Industrial ave 177 points to 18,212. Nasdaq added 75. S p 500 was up 21. The rally may have been sparked in part by todays soft Economic Data which lowered the possibility of a rate hike next week. Today we learned consumers did not spend as much as they were expected to last month. Thats important because Consumer Spending makes up 70 of economic activity. Inflation was flat. The central bank wants to see that pick up. Industrial production contracted as did a read on Manufacturing Activity in the new york area. So we have two reports tonight. First, Steve Leesman on whats going on with the economy. Reporter a massive amount of data released today that investors hoped would clarify the economic situation. Instead, the outlook is just as murky as before. Retail sales came in worse than expected as consumers took august spending off. Purchases in the Current Quarter remain strong. Facto
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
Moment in the European Central bank News Conference. Have a listen and watch. The News Conference was in frankfurt at 8 30 a. M. New york time. It was short after after he began speaking and he was interrupted boy the female protester who screamed and threw glitter on him. Screamed and threw glitter on him. It took a few seconds before security was able to subdue the glitterwielding disruptor. How does this even happen . Joining us now is Steve Leesman in germany. Welcome and good to have you. Steve and annette, both of you have been in these press conferences before. What is security like . Does it make sense to you that someone like this could break in and breakthrough this way . Its going to be seen as a clear lapse of security protocol. What we heard is we started off reading the statement we have gotten the last couple of hours we watched the video. The statement from these, the initial findings suggests the activist registereda aids journalist and does not represent like all visi