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Are across the major indexes. The dow the worst performer today, off 200 points. Thats roughly session lows here. A lot of that though we should mention is boeing. That company reporting earnings that were better than expected but guidance for 2014 that was weak, its contributing about 50, probably closer to 60 or 70 points now of the slide were seeing on the index. Here is a look at the other indexes. We have the nasdaq which is off about 48 points at this hour. Some of the big tech names weighing on it, while biotech doing a little better. Finally the s p 500, this is one to watch. Its off about 19 points, 1773. 1770 and 1765 have been some of the key levels of support, simon, people are watching closely. Its quite clear were losing ground as we head towards the end of the session. Lets talk about the Market Action and that decision from the Federal Reserve. Joining us now, ....
Some type of compromise, but dang it, they need to get the job done. Washington locked in a sequester showdown. 85 billion in acrosstheboard spending cuts have to start kicking in as late as this week. As many as 40,000 teachers can lose their jobs. There has to be some type of furlough to air Traffic Controllers. My advice to the president. Roll up your sleeves and do the hard work of governing. And the oscar goes to argo. I want to thank my wife who i dont normally associate with iran. And the oscar goes to jessica lawrence. You guys are standing up because you feel bad that i fell. Daniel daylewis. Three years ago i had actually been committed to play margaret thatcher. For the second time the daytona 500 goes to Jimmie Johnson. Danica patrick finished eighth on record for a woman at daytona. I send my thoughts and prayers out to everybody who was injured in the grandstan ....
Postrevolutionary iran. The story was so top secret the films director is unknown to the academy. Welcome to cbs this morning. Congress and the white house have just four days to stop 85 billion in automatic spending cuts. What happens next could have far reaching implications from classrooms to hospitals to airports. Major garrett is at the white house. Major, good morning. Reporter good morning, norah and charlie. The white house says these 85 billion in cuts to basic government functions could jeopardize the economy, undermine safety in the skies, and delay food inspections. Republicans call this a lot of political hype. Still it appears pink slips will, in fact, go out. The Education Department has already put some teachers on notice. Spending cuts mean your jobs could disappear. Is there a sky is falling aspect to any of the things youre talking about . What it does it creates tremendous instability. There are literally ....