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Lower by 126 points, the s p lower by 14 and the nasdaq lower by 29. Yesterday, though, stocks did get a boost from last months Federal Reserve meeting. The notes are suggesting quantitative easing will likely end in october. The central bank will move slowly to raise rates after that. Today, the focus turns to the other side of the pond. Were waiting for a position decision from the bank of england. Thats going to happen around 7 00 a. M. Eastern time. Bank of england expected to leave its key rate on hold at a record low 0. 5 . As for the u. S. Economic calendar, here is what were watching. Jobless claims expected to increase by 4,000 to 319,000. Then wholesale trade is out at 10 00 a. M. Corporate news, bank of america is reportedly seeking fed approval again for a 5 cent quarterly dividend. In march, the firm revised an okay to boost its way out, but it had to withdraw the plan after discovering it miscalculated capital level ....
Portugal recovering by more than 2 . That doesnt get back all the losses from yet. Lets get more headlines from sara. Billionaire investor carl icahn putting up the caution flag. Reuters says it is time for investors to be cautious about the stock market and hes been very selective about the companies hes choosing to purchase right now. Well hear more from carl icahn next week. Do you have something to say . I can just tell you, ive known him a long time, ive been to dinner with him many times. Hes always every time i have had dinner with him, hes on the stock market, every single time. And especially like carl that looks at first vacations, a lot of these ooips guys always sort of think that things are overvalued. Im thinking this time i dont know if we had children, i mif just had any daughter. So its 14 years ago. We had a huge discussion at dinner on and on and on about it. All these reasons. And he went up well, since then weve tripled, probably. But weve at least doubled over the ....
Israel helton brokering a ceasefire as the death toll in gaza rises. Reports suggest lebanon has now fired rockets towards israel. The world cup winner will be revealed this weekend, but who won the sponsorship battle . Were joined by the ceo of puma later in the show. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome, again, to worldwide exchange. What a difference a day makes. You can see losses in the gainers in todays session, seeing a bit of a bounce across the european markets. Stoxx europe 600 up around 0. 4 in the markets today. We closed on the day yesterday by pulling back some of these gains today. Remember it was a confewence of factors, weaker Industrial Production from italy, weaker Industrial Production from france. We also saw periph ....
Were still off 82 points. Its been a rough week across the board, especially for other indexes were not showing here. The russell 2000 having one of its worst weeks in some time. So, this all comes, of course, on the back of some selling weve already had this week. Its not just about the action today. The last hours going to be critical here to see whether we can stay off the lows of the day or if we head back to those lows. Theres the russell. Yeah, off 1 today. Meanwhile, lets look at some of the other markets. The nasdaq off 0. 6 . There it is. And 4,393 is the level, off 12 points. The dow is off 81, thats 0. 5 , 16,904. And off nine points. Joining our closing bell exchange, doug cote, jim lowell, charlie blel, Quincy Krosby from prudential and we have Michelle Carusocabrera and rick santelli. Michelle, when we all got up this morning, things looked bleak. There w ....
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