Want to change the way cancer is treated. And theyre investing big money in promising new therapies. We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The
We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
Somber in keeping with tradition. King salman takes over a country surrounded by turmoil, particularly in yemen to the south and iraq to the north. Lets bring in cnn live from jordan. Before we look at the challenge ahead for the if you king what will happen today because the ceremonies continue it dont they . Reporter yes. Over the next several days max, the royal court will be open for those who are coming to pay tear respects to the royal family and to the saudis. We are expecting this in the next several hours to see the arrival of World Leaders and dignitaries, will you go King Abdullah of jordan here who cut short his visit to the World Economic forum, the president of ee swript and also Prince Charles will be headed to saudi arabia and also Vice President joe biden yesterday announcing that he will lead in the coming days a president ial delegation that will be going to saudi arabia. So today we expect to see more of those World Leaders and dig thaers arriving to greet the new k