officials saying most of the victims are elderly or those forced to work outside and can t get away. in the capital of new delhi, the roads are melting. we have more as it continues. now we turn to hampton pearson with the cnbc market wrap. let s look at stocks heading into friday. the dow dropping about 37 points. the s&p down 2. the nasdaq losing about 8 points. that s it from cnbc. first in business worldwide. at red lobster s create your own seafood trio. .if it looks tasty you order it. choose 3 of 9 dishes for just $15.99. like baked lobster alfredo. brown butter shrimp scampi. and soy-ginger salmon. hey, this is my plate. get yours while you still can. you know the importance of heart health.
for all atm fees. is that it? oh, this guy, too. turn more of the money you spend into money you invest. it s everyday reinvesting for your personal economy. i m sue herera with your market wrap. the s&p down 2 and the knack bucked the trends up 3. service sector topped expectations in july growing at its fastest pace in five months. apple shares were up. this after the obama administration overturned an international trade ruling banning the sale of some older iphones and ipads. the ruling said apple violated a samsung patent. google will soon introduce a new service that au lose android
regain control of the senate. we re going to lose control of the house in 2014, 2016. we re going to become a permanent minority party because it makes no sense to most americans. hit them where it hurts. professor robert reich, thank you. next, how far will the president go in the showdown against john mccain. but first, hampton pearson has the cnbc market wrap. good afternoon. good afternoon. we saw stocks move lower again on more wall street fears of going over the fiscal cliff. the dow losing 28 points, the s&p down 2, the nasdaq closing down 9 points. that s it from cbs, first in business worldwide. [ male announcer ] this is steve. he loves risk. but whether he s climbing everest,
i m tyler mathisen with your cnbc market wrap. modest moves for stocks today. the dow up a mere 11. the s&p down 2. and the nasdaq was basically flat losing 1. apple shares though powered higher closing above the $700 a share mark after crossing the $700 threshold monday in after-hours trading. meanwhile, the federal express company, fed ex, fell about 3%. its earning beat estimates but it cut its profit target. home builder sentiment rose to its highest level in more than six years. that s it from cnbc, first in business worldwide. now back to hardball.
passwords no matter where we are, don t do that. separate passwords for banking and credit cards, keep an eye on your information and put fraud alerts on your accounts if you feel like you ve been affected by this. not fun. markets? thought yesterday was going to be a good day but by the end the emotional boost. fizzled out and came back to reali reality. nasdaq almost 10, s&p down 2 and futures looking down. reports especially from the auto industry coming up that we ll see how rosy it gets. it s been a very good spring for stocks and the old phrase sell in may go away. some of the traders are saying down two points isn t that bad. we end up getting no boost out of the osama bin laden news. all right. carmen, thank you. coming up on american morning, saving cairo, illinois, by blowing up a levee. look at these pictures. three explosions last night to blow up a levee so that one part of the river would flood would overturn its banks so