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A very tense hostage situation over in sydney, australia now at an end. More than 16 hours, loud explosions. There have been fatalities. A number in serious condition, just how vulnerable might u. S. Targets be . Lets check in with sue at the new york stock exchange. We will have that story shortly. That is one of the reasons why we have had such volatility in the markets today. Everybody here watching the situation in australia. Triple digits to the upside and triple digits to the red. This market trying to climb into positive territory with the dow down 28. Nasdaq down 16. We are only down about 1. 3 points in the s p. We are dealing with the collateral effects, Collateral Damage associated with oil. The hot topic down here right now is not u. S. What is going on in russia. You can still trade russia even though the market is closed there. Look at the etf for russia. Symbol is rsx down 10 . This is an intraday. This is today. ....
Tenyear below october lows right around 1. 8. 30year, a record low, above 2. 40. Road map begins like this futures taking abig hit. Monthly retail sales log the largest drop since this time last year. Banks on the hot seat. Jpmorgan misses estimates across the board. Well hear from wells fargo. Good year for gm . Auto giant expecting improved profits in 2015. Futures extending losses as weaker than expected retail sales in the u. S. And concerns about Global Growth. Sales fell. 9 in december even if you strip out gas and autos, sales in most other categories fell below estimates on a day where the world bank jim, says global economys running on a single engine and that is us. 24 hours ago a mark up 1. 5 . Everything seemed great. Then copper fell kb homes disappointed, next thing you know were down big. I caution people that we open down very big, maybe midday something happens thats not so bad. I didnt think wells was that bat bad ....
And a few good men from the battlefield to the workplace. What some on wall street are doing to train and hire our veterans. We have all that and more tonight on nightly Business Report for tuesday, november 11th. Good evening, everyone, and welcome on a quiet veterans day on wall street. The dow and s p 500 did manage to close at fresh record highs. Numbers in just a moment. Meanwhile, the days biggest Business News took place a half a world away in china. There at the apec summit in beijing, president obama found some rare Common Ground with his chinese counterpart, striking a deal to eliminate tariffs on as many as 200 Tech Products shipped between china and the u. S. Including next Generation Semicondu ....