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Optimistic than they have been in eight years. Nightly Business Report for thursday, august 15th. Good evening everyone and welcome. The drip, drip, drip of sliding stock prices turned into something more today, Something Like a tarrant. Investors digested troubled news with walmart and cisco and claims mean the Federal Reserve will reduce stimulus sooner rather than later. The dow is 546 points or 3. 5 below the alltime high hit on august 2. The s p 500 is 48 points or 2. 8 below the peak set that day. New todays sell off accounts for half of those declines from the alltime highs, the dow dow...

Interesting. Okay. You tied it in to dell and jpmorgan and everything else. Excellent. Larry, thank you. My pleasure. Join us tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee with carl quintanilla, and jim cramer and david faber at the new york stock exchange. Stocks had a pretty nice day yesterday. The s p closed at fiveyear highs. We are looking to the down decide this morning. The dow looking to lose about 62 at the open. The picture in europe, a couple of downgrades for gdp forecasts from both the German Government and...

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Range, between 2. 85 and 2. 9. Europe seeing red this morning as well. Year over year core inflation fell in the eurozone to. 9. The last fed meeting of the year kicks off today. Stocks look to stay in the green and continue the rally. Boeing authorizing an additional 10 billion in share buybacks over the next two to three years. Facebook is getting into the video ad game. They plan to start selling video ads that will automatically may in users feeds. And jim cramer will talk to the coceos of whole foods this hour. The s p snapping a foursession losing streak. The feds twoday meeting gets bac...

Scary forecasts that so many people told us to beware of . Have the analysts changed their tune, or is the rough stuff still to happen . Archrivals, Goldman Sachs making a pretty bold call picking a favorite between gm and ford and then, of course, theres coke and pepsi. Where should you put your money . Were going to talk about that coming up. And mcdonalds is getting a brand new address, but wait until you see who is going to be behind the counter. Tyler is out today. Michelle is at the nyse, and well get downtown to her in just a couple of minutes but first the bull run in housing. Another ...