In oil and gas prices that forced down Energy Company shares in the s p 500. They fell 2. 4 today. 5. 4 so far this week. Fed chatter didnt help. Evans, dudley, lacquer, yellen, they all spoke. None broke new ground, but none quelled worries that Interest Rates may rise at the Central Banks next policy meeting in december. More on that in a moment. Meantime, the Dow Jones Industrial average fell 254 points to 17,448. Nasdaq declined 61. The s p 500 off 29 and is now negative for the year. Dow component cisco issues a disappointing outlook despite reporting a rise in profit. The Network Equipment maker earned 59 cents a share, 3 cents better than estimates. Revenues were also better than expected, coming in at more than 12 billion, an increase of 3. 5 from last year. But projected revenue and Earnings Growth were below estimates, and that initially pressured the stock in afterhours trading. Jon fortt has the key takeaway from ciscos results. Reporter one takeaway from ciscos earnings is
In oil and gas prices that forced down Energy Company shares in the s p 500. They fell 2. 4 today. 5. 4 so far this week. Fed chatter didnt help. Evans, dudley, lacquer, yellen, they all spoke. None broke new ground, but none quelled worries that Interest Rates may rise at the Central Banks next policy meeting in december. More on that in a moment. Meantime, the Dow Jones Industrial average fell 254 points to 17,448. Nasdaq declined 61. The s p 500 off 29 and is now negative for the year. Dow component cisco issues a disappointing outlook despite reporting a rise in profit. The Network Equipment maker earned 59 cents a share, 3 cents better than estimates. Revenues were also better than expected, coming in at more than 12 billion, an increase of 3. 5 from last year. But projected revenue and Earnings Growth were below estimates, and that initially pressured the stock in afterhours trading. Jon fortt has the key takeaway from ciscos results. Reporter one takeaway from ciscos earnings is
Weve seen the violence over the past few days, the past week. Another day of diplomacy in store for the middle east. There is still no sign of israel or hamas budging. The death toll keeps rising. Officials in gaza count 635 palestinians killed. More than 4,000 wounded. 29 Israeli Soldiers and two civilians have died. Also, this development. Getting to and from israel is now much more difficult. This comes after the federal Aviation Administration banned all u. S. Flights from ben gurian airport in tel aviv. Other European Airlines followed suit as well. A hamas rocket landed near the airport, destroying a house. The faa will revisit the flight ban later today. Cnns Martin Savidge is standing by live from jerusalem. So, martin, this ban remains in effect for up to 24 hours now. The u. S. Says it is a security measure. But israel is pushing back. What are they saying . Reporter well, israels very angry, because they believe in a lot of ways this is just a reward to terrorism. They say t
The Taiwan stock market on Wednesday ended the two-day losing streak in which it had fallen more than 110 points or 0.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,050-point plateau and it may add to its winnings on Thursday.
The Taiwan stock market has finished lower in two straight sessions, sinking more than 110 points or 0.6 percent along the way. The Taiwan Stock Exchange now sits just above the 21,790-point plateau although it may stop the bleeding on Wednesday.