Early on the blue chip dow index rose triple digits but the gains were cut in half by midday only to rise again and drift down into the close. On the day the dow jones indu lost three points to 18,120. The nasdaq was down nine. The s p 500 fell a fraction. A jump in the price of oil and a strong report on the Housing Market. But when oil turned, so did stocks, making it clear that the price of crude matters now more than usual. Oil prices settled slightly higher as they hold out hope for a deal to freeze production. The strong Housing Market saw confidence with Home Builders rise to the highest level in almost a year. That helped Home Building shares like those of lenar, dr horton and pulte rise during trading day. Diana olig takes a look at whats driving the surge in one of the economys most important sectors. The sales offices at eya, a developer in the d. C. Metro area, were very busy this summer. Busier, in fact, than usual. They started in july and carried into august. It was surp
Outside the government, i questioned how they were approaching it. I might have tweaked it to the extent that it involves Foreign Policy. I might say to my Foreign Policy partners that we have a problem of doing it this way, but here is a suggestion for how we can or meet yourhing interests in a slightly different way. You are always concerned about making sure that the credibility of the United States is sustained or the credit ability of canada is sustained. The work that has been done continues. Particularly when you have a close friendship and relationship with a partner like canada, it is not as if work we or entry on the arctic s vanishes when the next president comes in. I intend to make sure the next president who comes and agrees with me on everything, but, just in case that does not happen, the u. S. Canadian relationship will be fine. Thank you, everybody. Mark the president of the United States and the prime minster of canada concluding a press conference at the rose garden
Lets head straight to the markets desk where julie hyman has breaking economic numbers for us on the Services Side of this economy. The nonisn Manufacturing Index for january. Julie the nonManufacturing Index coming out at 53. 5, worse than the 55. 1 economists had been estimated. We saw a revision higher in december to 55. 8. This number is an important one. The largest part of the u. S. Economy. We have seen stocks turn lower in the past i should say in the first 30 minutes of the session we have seen it give up gains. It is the fourth consecutive month we have seen manufacturing declined, but we are looking at nonmanufacturing to see what happens on the Services Side of the equation. All three major averages are now lower. The dow is not lower by very much. I also want to mention some headlines that came out of wells fargo. It denied a report in hedge fund alerts that it was in talks to buy banks and credit squeeze businesses. Fargo spokeswoman has denied that speculation and denied
Returning to the remote site where the german airliner crashed. Searchers have find the cockpit voice recorder from the german a320 plane. Authorities will want to know why the pilots made no distress call as the plane plunged from 38,000 feet. That is going to be the number one item. Why wasnt there any call . There were multiple radios on the airplane, multiple ways to communicate. Why wasnt there a message . They will be looking at that very closely to find out what was going on in the caulk it or around the cockpit at the time of the event. Olivia the searchers are still looking for the flight data recorder. The crash killed all 150 people on board. President obama is no delaying the withdrawal of troops from afghanistan. The president backed off his plan to slash the number of u. S. Troops there this summer. 10,000 troops will stay in afghanistan until the end of this year. The president says the u. S. Mission is simple. President obama we want to make sure we are doing everything
Creature but shes not somebody that people want to be. So from that kind of perspective it wasnt as terrifying as making on Something Like Elizabeth Bennett. But it was definitely challenging. She is a very odd one. Rose bezos and knightley when we continue. Funding for charlry rose was provided by the following captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Dns jeff bezos is here, the c. E. O. Of amazon. Com. He founded the company in 1994 out of his garage as an online bookseller. Today it is a 100 billion dollar empire and the Worlds Largest ecommerce retailer. This week fortune named him as 2012 businessperson of the year. The magazine writes that he is the ultimate disrupter. Bezos has upended the book industry and displaced electronic merchants. Now amazon is pushing into everything from couture retailing and feet Film Productions to i pad worthy manufacturing. Im pleased to have him back at this table. Welcome and congratulat