Hitting an alltime high. Today at six an and a half momes at the moment, 1751. We got in the jobs number for the month, so that obviously was backdated but we finally got it. Now the idea is the fed is not likely to taper. You mentioned the transportation index. We saw it hitting an alltime high for the day, for the year. Up 30 getting a lift from fedex in particular which got an increase from jpmorgan and delta lifting earnings as well. You can see it to the upside. Back to you. Adam thin thank you very much, nicole. Lori u. S. Job growth losing momentum last month. Employers added 138,000 jobs in september. The august upward revision only 9000. All that well below estimates. So where did we see growth . In transportation. Specifically School Bus Drivers accounted for 23,000 new jobs created last month. Temporary jobs are also big gainers. Michelle girard now. Great to see you, michelle. The Research Points out School Bus Drivers are in demand. The School Bus Driver thing was a revers
For right now people continue to think that the fed will continue the bond buying program. Take a look of the nasdaq. Into the greenlaw we were not looking. Three points. Dow and s p pulling back. We have had a nice run, looking at each of the indices over that time, one week. A winning year, for short. Major averages hitting records this week. The nasdaq at highest level since 2000, the dow and s p hitting the highest levels ever in history. It really has been a monumental weekend. Six straight weeks of gains for the dow. That is the latest. Ashley thank you very much. Oil dipping lower after a week of jobs for boards, was still on track to end the week on a higher note. Fox news contributor phil flynn in the trading pits of the cme. Reporter it is like the old days where bad news is bearish and good news as bullish. That is really what has been happening in the oil complex since the fed statement earlier in the week. The concerns about the lack of inflation means that the tapering is
Than expected. The second take on the secondquarter growth, but nothing to brag about. Secondquarter gdp growth revised upward versus the streets estimate of 2. 2 . This is as we are reporting the last gdp report before the fed reports on whether or not it will paper, some transparency at the next meeting next month. His 2. 5 growth good enough . Then, welcome to you. Forecasting 3. 3 expansion rate into 2013, so it is two and. 5 right now. Growth is only a lousy 1. 4 , but if you cut out the cutbacks, growth around the range of two and. 5 . So the fed is seeing a rate private sector demand supporting higher hiring and todays data is broadly supportive of their moves to cut back qe3. Lori lets talk about the strong upward revision in the Second Quarter. Economies are pointing to export growth. An inventory. Can you expand why we saw such a big jump. Inventory stuff has been choppy, but there is something important with the trade deficit. There is large gain for export in the Second Qua
Have been confirmed. New york, new york, the worst infected city in whats now the worst infected country. There was always a sense this planetary pandemic would end up ravaging this global hub and, while theres a deceptive calm on its now quiet streets, behind the doors of its inundated hospitals the crisis is getting worse. Emergency calls have hit their highest levels since the attacks of september 11th. Hospital staff are describing a tsunami of patients flooding their emergency rooms. Were thought to be three weeks away from the peak here and already theyre exhausted. Its been like a war zone. A medical war zone. Working with limited resources, with the constant disparities of pain and suffering we see, not only with those who are afflicted with the coronavirus, but also those coming in for trauma. So it gets very physically and mentally exhausting. The very things that make new york so great have now made it vulnerable, is vibrancy, the fact that it such a melting pot. Were so den
Captioning sponsored by cbs capt this is the cbs evening news with scott pelley. Elley. Glor good evening, everyone. Scott is off tonight. Im jeff glor. It was a day of dramatic and dueling testimony in the murder trial of George Zimmerman today. Ehe Neighborhood Watch volunteer who shot Trayvon Martin. The jury heard a key piece of evidence someone screaming for help, the sound picked up on a r11 tape. But whose voice was it . Wrtins mother was one of the final witnesses as the prosecution rest its case. Zimmermans mother was the first witness for the defense. W begin with mark strassmann. Reporter when Sybrina Fulton testified, every juror stared straight at her. She was asked about this 911 call and the voice heard crying for help moments before George Zimmerman killed her son. scr hes yelling help . Yes. Elunshot theres gunshots. s guu just heard gunshots . Yes. Maam, that screaming or yelling, do you recognize that . Yes. And who do you recognize that gnize . Trayvon benjamin mart