But appetites to own are another. New home buyers, first timers, new lows, enormous ramifications for the housing economy. Lets check in with sue at the new york stock exchange. Kind of a mixed day here. We had mixed Economic Data so perhaps mixed trading session should not be a surprise. Dow, s p 500 and dow utilities. Dow negative by about three points or so. Some of the big integrated oils are moving. Chevron and then home depot the biggest drag on the index. Nasdaq up for the 11th time in 1 sessions. The middle of october we all remember how brutal that was. It ended with a pretty big bang. Which are riding the market the best . The index funds or actively Management Funds . Dominic chu is back at hq. If you look at active versus passive discussion it is about whether or not it is better off to pick stocks and time markets as opposed to do what everybody wants to do which is stick with one fund that marks the s p 500 and go from there. According to the analysts at morning star tell
He will join us in just a few minutes. Tylers down at the nyse. But first, breaking news. John harwood, it concerns russia. John joins us from washington. John . Sue, the white house and european union, as they signaled at last weeks nato meeting, have Just Announced deepened sanctions on the natural, energy and defense sectors on russia over the crisis in ukraine. They did that despite the ceasefire agreement that has a Peace Process under way. They indicated that if the Peace Process progresses, those sanctions can be rolled back. But russia has reacted instantly and said that this shows a lack of faith and an undermining of the Peace Process by the United States and the european union, but the United States and its allies believe they need to move forward with these. Of course, the president s got his hands full all over the world including in ukraine where whatever process is going on right now, they have not gotten the russians and the prorussian separatists to stand down in ukrai
Nutella, involving a lot of questions, a lot of house, and mexicos first lady. Theres a story from brazil that has just about everybody asking where is the money. Michelle carusocabrera is all over the stories. Stocks march to record highs, a new world opens up for investors, bob is at the nyse to explain this is a very big deal, right, bob . It is, indeed, tyler. The much anticipated Shanghai Hong Kong Stock Exchange went live for the first time, first time foreigners can own 560 Mainland China stocks directly. Look at the full screen here. In addition to stocks you can own that list in hong kong. Now, the hitch here, this is important, you have to be affiliated with a broker with a license in hong kong to trade the stocks. According to the Stock Exchange website, many u. S. And european Brokerage Firms are participating in the exchange because they have brokerage licenses in hong kong. The firms, take a look here, well known names in the u. S. , interak tich brokers is one, Goldman S
It is a tesla mystery. The market d. There it is. The market likes it. The stock is up almost 3 today, but what does d mean . First to sue at the nyse. Hi, sue. Hi, ty. There was another tripledigit loss in the dow earlier. Its trying to fight its way back. Lets get you up to date. The dow right now is down 47 points. But as we said, it was down triple digits. S p is down 7. 5 . Nasdaq is down 13 . The yield on the tenyear note holding at 2. 41 . Ty mentioned oil. It continues to plunge. Brent near a twoyear low. This after saudi arabia cut its official selling price. That is a 1 1 3 loss in brent kud. West texas intermediate down just about a tenth of a percent. It was a very rough close in europe. Germany down 2 . The ftse down 1. 7 . France down almost 3 . Italy down 4 . Spain, 2. 5 . That is the definition of ugly. Lets get the trading action with simon hobbs and bob pisani. They both join me here. Bob, set the stage for us here and then simons going to tell us one of the reasons o
Target of enrollees by 2017 will now take a little bit longer, perhaps years longer than was earlier projected. A stumble here in terms of obamacare enrollment. Thank you very much. Lets begin with alibaba. Lets take a look at the share prices and how it is fairing right now. Alibaba has been very actively traded and has had an intens rally. The e commerce giant up 70 since the listing back in september. The Company Getting ready for one of the biggest days of the year called singles day in china. Why is that so important . It is the Biggest Online shopping day in the world. Analysts expect alibaba to smash sales record on this shopping day and tomorrows holiday was created by the chinese to celebrate or lament being single but it has turned into a 24hour Online Shopping event. Last year alone alibaba took in nearly 6 billion in transactions just in that one day and that blows away the nearly 2 billion sold on cyber monday. David faber is in headquarters. Sales are piling up here in an