this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. more jitters in the financial markets today about the outlook for the global economy. tom, investors stayed away from stocks and poured money into bonds what they consider a safe haven. tom: as a result, susie, the yield on the ten-year treasury fell to its lowest level since march of 2009. falling rates are a sign of a weak economy. the yield on the ten-year is just below 2.60%. to put that in perspective, it was 4% earlier this year when many experts were more optimistic about the u.s. economy. susie: meanwhile, something very unusual is happening in the market for treasury inflation protected securities. for only the second time ever, the five year tip is yielding zero. that means people buying them are actually losing money to inflation. why is that happening? and what does it mean? and why in the world would anyone
captioning sponsored by wpbt susie: good evening everyone. more jitters in the financial markets today about the outlook for the global economy. tom, investors stayed away from stocks and poured money into bonds what they consider a safe haven. tom: as a result, susie, the yield on the ten-year treasury fell to its lowest level since march of 2009. falling rates are a sign of a weak economy. the yield on the ten-year is just below 2.60%. to put that in perspective, it was 4% earlier this year when many experts were more optimistic about the u.s. economy. susie: meanwhile, something very unusual is happening in the market for treasury inflation protected securities. for only the second time ever, the five year tip is yielding zero. that means people buying them are actually losing money to inflation. why is that happening? and what does it mean? and why in the world would anyone buy tips now? erika miller got some answers. reporter: investors worried about the econo
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. a huge stock market rally on wall street today after european officials announced an emergency rescue plan. tom, investors around the world were relieved with the news: a trillion-dollar bailout to deal with the debt crisis in troubled countries in europe. tom: susie, global stock markets surged and stocks here posted their biggest gains in over a year. let s run down the numbers. the dow skyrocketed 404 points, or almost 4%. the nasdaq also jumped triple digits: 109 points, a gain of almost 5%. and, the s&p index added 48. volume fell back to more normal levels with the big board trading nearly two billion shares and the nasdaq trading also dropped from friday s pace. susie: so is the european package enough to stabilize global markets and the global economy? scott gurvey reports. reporter: u.s. markets do no
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. a huge stock market rally on wall street today after european officials announced an emergency rescue plan. tom, investors around the world were relieved with the news: a trillion-dollar bailout to deal with the debt crisis in troubled countries in europe. tom: susie, global stock markets surged and stocks here posted their biggest gains in over a year. let s run down the numbers. the dow skyrocketed 404 points, or almost 4%. the nasdaq also jumped triple digits: 109 points, a gain of almost 5%. and, the s&p index added 48. volume fell back to more normal levels with the big board trading nearly two billion shares and the nasdaq trading also dropped from friday s pace. susie: so is the european package enough to stabilize global markets and the global economy? scott gurvey reports. reporter: u.s. markets do no
and another factor in play, as maria mentioned, some disappointing data on the jobless front. and although we reached positive news on the leading indicators which rose for the eighth mont in a row. we showed you how the material stocks okay, i m sorry. maria, i m going to interrupt myself. send it back to you. fun wle that happens. you interrupt yourself. we ve got the oracle numbers. they re out, 39 cents a share. nongap. the estimate called for profit. up 36 cents a share on oracle. the quarter, it s the second quarter for oracle, the revenue estimate $5.69 billion. again, that is the estimate. we ve got the numbers, actual numbers for the second quarter coming in at 39 cents a share versus an estimate of 36 cents a share. let s get on jim goldman we re going to get to jim goldman rather momentarily. as soon as we get more on this. and we ve got the revenue number there on oracle? 39 cents a share is the eps line. and we re waiting on the revenue number. but as a men