Lauren simonetti watching markets for us. Edward lawrence with new reporting from washington. Same story for Hillary Vaughn on capitol hill today for us. Lauren, lets begin with you on the markets . Lauren i cant hear but i can tell you what happened in the markets today. A lot of whiplash. The market was fixing positive news with negative news. The big news today was the fed stimulus, right . Also the numbers from the coronavirus seem to be improving. So at the end of the did i we cannot say that the dow is up the best since 1938 but it was higher by 281 points. Check out the s p 500. It squeaks out its best Weekly Performance since 1974. What a week for the stock market. Despite the negative news, one in 10 American Workers has lost their job. We got those jobless claims this morning. Take a look at the airlines, guys, it has been a spectacular week for them. Names like american airlines, united up. Some of them double digits. Up all week. I have do have to tell you as you know the n
We begin with the booming video Game Industry. Revenue is on the rise, but there is an issue that many Video Game Developers dont want to talk about. Cheating hackers trying to find vulnerabilities in the game and then sell those cheats online. Gaming the game is this weeks cover stop and josh lipton has our investigation. Eliminate the terrorists. Reporter take a close look this is the exact same video game, but in the version on the right, the player has special software or cheats that makes it easier to win. The bot behind him, well see him in a second. Reporter in this modified game, you can see the enemy through walls. A distinct advantage bill denner copa is an 18yearold recent High School Graduate but dont let his age fool you hes an expert in hacking video games to create cheats, something he knows could ruin the game i dont think im a good guy or necessarily a bad guy but i think a lot of what i do can be interpreted as being the bad guy. Reporter to find cheats, hackers find
The jolt report coming out at 10 00. Then we have the Kansas City Fed survey, as well. Equity futures this morning, at this hour, at least, are indicated higher. Dow futures indicated up by about 50 points above fair value. S p up by about 6. 5. Andrew, back over to you. Good to have you back. Thank you. Its good to be back. This is a very different place than cnbc asia and bernie. Well talk about that in a bit. Rr done nelly is going to buy consolidated graphics for 620 million. As joe was just mentioning, bank of america lost a fraud trial over u. S. Mortgages yesterday. Live on fraud for claims related to defective mortgages for funds sold to its countrywide unit. And finally, Lehman Brothers, remember them . The Lehman Brothers holding company, this is the one that sort of went through the bankruptcy process is suing giants stadium. It wants to recover more than 100 million of a canceled Interest Rate swaps contract that would used to hedge bonds issued to the arena. The lawsuit ca