nasdaq leaped 92. overseas, nikkei was closed for a holiday. the hang seng rose 86. that fiscal cliff deal wasn t all that good news. if a viable plan to shrink the deficit isn t reached in the next few months, the government s credit rating could be at risk. al jazeera may be coming to a tv near you. former vice president al gore sold current tv the channel he co-founded to al jazeera. the plan is to use current s u.s. distribution to broadcast the english news channel. one interesting note, as soon as the deal was announced, time warner cable said he had would drop the channel from their 12 million subscribers. polaroid seems to be developing a new business plan. get it, developing. the company will be opening several retail shops called photo bars where people can come into the store and download and print pictures. they ll be photo tenders to help people out with the process. if you build it, they will buy it. the famous iowa baseball diamond
the s&p was up six. the nasdaq added 16. markets overseas also saw a boost. the nikkei climbed 129 points while the hang seng rose 103. it is a holiday shortened week on wall street. u.s. markets are closed thursday and trading ends early friday. today, investors will get fresh housing data and earnings from home improvement retailer lowe s before the bell. many tensions will be on the radar. oil futures up a dollar overnight to just under $88 a barrel. good news for drivers planning to hit the road this holiday. prices at the pump are seven cents lower than two weeks ago, around $3.47 a gallon. this morning, hostess executives head to bankruptcy court for the first time since announcing plans to liquidate. bidding has yet to begin from interested buyers, but for now, devoted fans can stock up on e-bay where twinkies are going for a whopping $15 a box.
leading the coin toss in a football game. his wife ann did one better scoring a touchdown. finally, check it out, the obama team cleaning house at least when it comes to campaign merchandise taking 30% off everything in stock. it better move fast. that s going to be your morning dish of scrambled politics. and now here s your first look at how wall street will kick off the week. the dow opens at 13,343 after dropping 205 points friday. the s&p sank 24 and the nasdaq plunged 67. trading in tokyo finished up 8 points while in hong kong the hang seng rose 145. ahead this week, earnings, earnings, more earnings. more than 150 s and p companies weigh in with quarterly reports including apple, caterpillar and at&t. there will also be a federal reserve policy on investors monies. also, third quarter gdp gets
kick off the day. the dow closed at 13,306 after adding 14 points friday. the s&p gained 5. the nasdaq was up a fraction. taking a look at overseas trading this morning in tokyo, the nikkei was down 2 points. but in hong kong, the hang seng rose 25. well, last week s stocks had their best five-day stretch since june. and this week investors are betting on the fed to keep that momentum going. experts are banning friday s weak employment report will be a big motivator for a third round of stimulus to boost the economy. the federal reserve holds its two-day policy meeting this week. elsewhere, the government issues its report on august retail sales friday. word on the street is consumers appear to be spending more money on back-to-school items. wall street will also receive two readings on inflation this week. both are expected to show prices are in check, even though food and fuel prices have been on the rise. over the past two weeks, gas prices shot up another 8 cents to an av
make herself sound silly. she said i think it s funny the cocktail circuit gives me a hard time for eating el ng and moose. anybody here have a moose? long vacations with a lightning rod. cbs s mike knoller has been keeping track. this weekend the president played his 100th round while in office. that is your morning dish of scrambled politics. here is your first look at how wall street kicks off the day, the dow opens at 12,677 after jumping 115 points friday. the s&p climbed 13, nasdaq spiked 36. taking a look at overseas trading, in tokyo t nikkei surged 151 points. in hong kong the hang seng rose 193. as we told you earlier, fears that greece would lead a