Detailed text transcripts for TV channel - CNN - 20100812:13:30:00
Of us on wall street. exceptions now futures are down about 78. opening bell rings right now. we are going to see exactly where the markets open. probably to the downside. the loss we saw yesterday with the mark et cetera down pretty much a loss of 2% across the board. the dow right now is off about 22 points. loss of 49 points, excuse me. losses are gaining rapidly. loss of a half of 1%. there is good news today. that comes from general motors. it is making money. $1.3 billion last quarter. that marks the second straight quarterly profit. analysts say it should put gm in position to go public...
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