Unexpectedly weak reading on Consumer Confidence. Melissa the new push to turn a tiny island off detroit into a free market utopia. I love this story. Lori lets go to pack your bags, folks. Lou dobbs here with us. An agreement that lays down a path to citizenship for 11 million Illegal Immigrants in this country. Lets head to the floor of the New York Stock Exchange. The dow pushing session highs right now. Nicole it certainly is. We are back touching them once again. The nasdaq composite has been one of the three industries that we have followed so closely and it has been in the red. It is down, not even two points. The s p 500 also setting new highs here. Going back to these levels that we have not seen since 2007. Lets begin with ford motors. It is down about 5. 5 . He talked about europe. That is something that is still plaguing them. They did say that europe still remains a problem. The outlook in the nearterm is troublesome. They did see that they had and and a deep to climb in p
This is todays Worldwide Exchange. Im ross westgate. European stocks plunge as the prospects of political gridlock in italy sends jitters through the market. Italian banking stocks leading the way lower. The center Left Coalition win tess lower house, but no one has secured an obvious majority in the senate. Sylvia berlusconi has hinted he could be open to an alliance. Japans big exporters like sony and rico take it on the chin. And ben bernanke heads to capitol hill today to try to provide some soothing words about fed policy and calm investors fears about weak global growth. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to todays program. Were over an hour of trade in europe. The voft majority of the dow jones 600 is down. So were weighted heavily to the downside. Stoxx 600 in europe down about 1 at the moment. Translate that into individual indices. The ftse 100 down 1. 4 . The xetra dax nearly 2 . The ibex is down nearly 3 and the ftse
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