This columbus day 2014. Good afternoon. That wiped off 1. 5 trillion, they are fluctuating between gains and losses for most of the afternoon. The s p 500 did drop below its 200 day moving average, but it did rally shortly after that. Technical analyst look at this el since november 12 september 2012, since it has withstood selloff. Currently a flat session, and the nasdaq also trading in the red as well. What is behind the movements we are seeing today . Investors adjusting comments from fed officials. U. S. Rate increases could the delight by slowing growth elsewhere in the world. Today, we heard from the fed president , and he said that the central bank should be especially patient on rates. This is not a concern about whether the u. S. Can withstand the foreign weakness market. Lets get you right to the top stories of this columbus day, 2014. President obama has scheduled a white house meeting with Senior Administration officials next hour to discuss the ebola case in dallas. This
There was a lastminute about turn. Over the past days, the former Prime Minister had been trying to topple the government. He responded by calling this vote, telling the senate the country needed stability and losing would represent a fatal risk. I appeal to all of parliament for a vote of confidence to realize our objectives. Give us a vote of confidence for everything that has been done in these few months. A vote of confidence that is not against anyone but a vote of confidence for italy. He needed votes from the centerright p. M. To secure a majority. Media reports suggested he would get those, even before berlusconi backed down. Many senators were expected to go against berlusconis wishes and support the government in the confidence vote. This is being seen as a major setback for berlusconi, who is facing likely expulsion from the senate do to a tax fraud conviction. That would mean he would lose political immunity, opening the way for further legal proceedings. On the streets of
Welcome to newsline. Its tuesday, december 11th. Im Catherine Kobayashi in tokyo. The president tried to calm public anger by giving him wide powers. He rejected the call to scrap the referendum on saturday. They called for large scale demonstration on tuesday. Morsis islamist supporters have been besieging a tv station critical of the president. They continue their protest sitin outside the building. Observers in cairo say pro and antimorsi demonstrators are likely to clash once again. Concerns are rising the military may interfere in the event of any confrontation. Shouting slogans and holding up signs. Kyoto professor Shinya Yamanaka has collected his medal for this years nobel prize in physiology and medicine. For their work with stem cells that can be programmed to become cells in a human body. Shefed his medal in a ceremony hall. Yamanaka was introduced as someone who has provided the world with an invaluable method of developing therapies. Swedens King Carl Gustov xvi awarded hi
Welcome to newsline. Its tuesday, december 11th. Im Catherine Kobayashi in tokyo. The president tried to calm public anger by giving him wide powers. He rejected the call to scrap the referendum on saturday. They called for large scale demonstration on tuesday. Morsis islamist supporters have been besieging a tv station critical of the president. They continue their protest sitin outside the building. Observers in cairo say pro and antimorsi demonstrators are likely to clash once again. Coerns are rising the military may interfere in the event of any confrontation. Shouting slogans and holding up signs. Kyoto professor Shinya Yamanaka has collected his medal for this years nobel prize in physiology and medicine. For their work with stem cells that can be programmed to become cells in a human body. Shefed his medal in a ceremony hall. Yamanaka was introduced as someone who has provided the world with an invaluable method of developing therapies. Swedens King Carl Gustov xvi awarded him
Economics and the church. And how much home does a Million Dollars buy you in different parts of america. Our trademark Million Dollar homes feature is back. Main street edition. Meanwhile, sue, check in at the nyse where the selloff continues. Yeah indeed, it does. Thank you. Stocks in the red as investors chew over that budget deal. Many thinking that perhaps that will lead to some fed tapering. Were going to talk about that. The Dow Jones Industrial average is off 86 points at 15,887, the nasdaq is down 39 points, almost a full percent on the nasdaq and the s p 500 is down 13 points at 188. 64. We are moments away from the results of the key tenyear note auction, the last auction, last note auction before the fed and might give us some kind of indications if you will about whether or not the fed might be tapering or whether wall street thinks the fed will be tapering. Talk about this with Kenny Polcari and bob pisani. Kenny, you dont think theyre going to taper but the budget deal y