Page 16 - Greg Ip News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Folks joining us. After the close today, we have some big earnings out. Hewlettpackard. That tech bellwether, of course. The gap. Well get those numbers right after the close today. A latebreaking story this afternoon. Billionaire mark cuban making some headlines today in an interview about racial issues in lift Donald Sterling l. A. Clippers saga. Mark admits to his own prejudices and bigotry. In no way were the comments comparable to what Donald Sterling said, but does this put the nba in a position where it has to respond. Will sterling try to drag down cuban with him . So many questions. Y...

For the economy. And the Federal Reserves policy is to do whatever we can to keep the economy on course. The fed also downgraded its outlook for the economy. It now expects gdp growth will be in the 2 to 2. 3 range for this year. As for the market response to the feds announcement, well, stocks soared to alltime highs. Looks like game on as far as any of these shortterm traders are concerned. You saw bond yields retreating. The Dow Jones Industrial average closed at 15,676. The tenyear yield crept down to 2. 7 . The dow and the s p posting their best day since midjune. All the sectors closed i...

S p up by just under 2 points. In Global Market headlines, chinas Manufacturing Sector strengthened further. Mixed signals in important areas, including export orders suggest that any recovery will be gradual. Take a look at what happened overnight in asia. Youll see that shanghai and hang seng were barely higher. The nikkei was down by 0. 8 . The big news out of europe this morning, royal bank of scotland, rbs announcing it will move 61 billion of toxic assets into an internal bad bank. The early european trading this morning, youve got some red arrows. But thats only down by about 16 points....

As well. Basic resources leading the way. Gold initially striekd by more than 4 on the back of the fed. And a no taper move translate into the emerging markets. Currencies like the rupee surge in countries like thailand and indonesia. And stocks get the eurozone, more protests expected in greece after the murder of a 34yearold rapper brought violent clashes. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. All right. Were up and running here on Worldwide Exchange. Big Global Reaction to the fed. It says its not ready to cut back just yet, deciding ...

End of the Third Quarter this week, up about six points. A third of a percent at 1698 on the standard poors. Dow and s p snapped five days of losses. Five session losing streak. Bob pisani, finally some relief for these markets after all that selling. There was. It may be temporary because things are still very dicy down here. Ive highlighted two things all day, maria. Political risk and complacency. Put up the full screen. What do i mean by Political Risk . Simple. The markets went up early in the morning when representative pete sessions, senior republican in the house of representatives, sa...