Turned higher at this point despite eight despite a tough as caterpillar, general electric, microsoft. The nasdaq is taking the biggest tumble of the three major averages. It looks like energy is the best major group at this point. Because of financials as well, this is pulling stocks back up. You look at what is going on with energy, oil prices are up by nearly 2 . Southwestern energy, one of the energynergies companies to report its stock, has gone up. Within the financials, we have also had earning it news, and that includes suntrust and eat Tree Financial as well, 3. 5 eTree Financial at 3. 5 . David all right, some gains, but what about the tech stock . Have tech stocks do not an insurmountable problem, but still, it is a pretty tough slog. Microsoft, as i mentioned, projections,sts and visa, you dont think of it as text, it is coming out with earnings, but also saying its earnings have been delayed so that could create problems on the shares. Andot facebook, amazon, facebook is a
Face a very strong head wind. Two suspected terrorists are killed in a raid by belgian police. The threat level has been raised across the country. Welcome to countdown. The Oscar Nominations are up. Bird man and the grand Budapest Hotel top the list. The Swiss National bank lifts the cap against the euro. Japanese stocks have been falling as the yen traded at its strongest in three months against the euro on increased demand. Sovereign bonds and gold hit near fourmonth highs. This was frank is trading at close to parity with the euro. The countrys government warned about the impact of the s p decision on exports and tourism. Shares in swiss exporters went down. The swatch ceo describes the action as a tsunami about to hit the swiss economy. For more on the ramifications and the impact we go live to hans nichols. We are hearing many industry voices talking about this. Analysts and the markets were blindsided. That was the whole point. The Swiss National Bank President said that surpris
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