Rocky trading week. I want to head to the markets desk. If we keep this up, we are going to close at a higher session at the highs of the session. Said, as wehat close out this whole entire week, i want to wait out what has been happening over the past five days. Weyou can see, the greens see today are not greens for the week. Nasdaq 500 is down, the is down by 7 10 of a percent. Is happening what with commodities. Taking a look at what is happening with wti crude. Shares rising in tandem with nymex crude, at about session highs. This isnt biggest jump since 2009. 26 anow trading about barrel. Lets take a look at what is happening with the majors right now as we speak. Basically we are seeing those session highs. 35 points. Oup the nasdaq up by about 1. 5 . Taking a breather after we saw the last five down days in a row. We will see of traders can hold with anwithin hour or so left. We are on that contract. We want to show you how broadly this rally has been great according to the imac
Schumer taking aim at the white house, slamming the president s proposal to cut funding for counterterrorism for new york and other cities, gutting the current 600 million budget. Its been slashed nearly in half to 330 330 million and this couldnt come at a worse time. As terror threats are increasing, as the danger from isis increases, as we hear about loan wolves from one end of the country to the other. Reporter schumer will be joined by the mayor and police and fire commissioners later this morning, calling on the white house to reconsider the proposal for 2017. They say the urban Area Initiative helps with training attacks for police and firefighters. It also helps fund extra patrols. They say the money is neithered to ensure the same needed to ensure the same level of security is maintained. The president in general and were here to tell the bher bureaucrats in washington this will not stand. Go back to the drawing board. Reporter the meeting with city leaders and senator schumer
And which didnt hold up . Captioning funded by cbs this is the cbs morning news for tuesday, may 12th, 2015. Good morning, good to be with you, im annemarie green. We have breaking news of another massive earthquake rocking nepal this morning. The usgs says the 7. 4 magnitude hit close to mt. Everest near the chinese border. At least four people were reported dead. The quake was followed by two powerful aftershocks. Nepal is recovering from a devastating quake that killed more than 8,000 people just over two weeks ago. Shock waves this morning were felt as far away as new delhi. And its another day of potentially Severe Weather in the southern plains. A string of powerful thunderstorms is expected to develop into texas and into the mississippi valley. Damaging hail and another round of tornadoes is possible. Flash flood watches are posted in texas, oklahoma and arkansas. A line of tornadoes roared through texas and arkansas sunday. At least five people were killed. Don champion is in h
Vehicle provides the best safety and which didnt hold up . This is the cbs morning news for tuesday, may 12th 2015. Good morning, good to be with you, im annemarie green. We have breaking news of another massive earthquake rocking nepal this morning. The usgs says the 7. 4 magnitude quake hit west of nacche bazar, close to the chiennese border. It sent people rushing into the streets of kathmandu. After a quake killed more than 8,000 people two weeks ago. Shock waves were felt as far away as new delhi. And its another day of severe storms. Expected to develop into texas into the mississippi valley. Damaging hail and another round of tornadoes is possible. Flash flood watches are posted in texas, oklahoma and arkansas. A line of tornadoes roared through texas and arkansas sunday. At least five people were killed. Don champion is in hard hit texas. Good morning,don. Reporter the deadly tornado has all but change live in the town of 2600 people. It will continue for the second day in a ro
Permanent one, but i know from the flimsy deal its only a few weeks maybe a couple of months at most before my washington vacation is over. And the political ugliness is once again front and center. However, the simple removal of washington from the equation coupled with the slew of Earnings Report contributed to strong Market Action today. Dow back slid two points, but the s p rallied. 67 , nasdaq climbed. 62 . You have to discount the dow, these days, by the way, because ibm, Goldman Sachs new dow entry and united health. Three big stocks all reported disappointing numbers. So much for that indexes representational powers. So tonight im going to talk about the triumphs and tragedies in the corporate world. Companies executing magnificently along with the companies that seem to have lost their way and desperately need a shakeup. Because the difference right now between whether a stock is going up or down may very well be whats happening in the corner office, not down the potomac. The