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CNNW AM Wake Up Call October 28, 2011

we ll bring you all the highlights. good morning to you. happitry, it s october 28th. this is your a.m. wake-up call. i m carol costello in new york. you re waking up to some of the best news in recent memory. gdp up 2.5%, nearly double the rate of last quarter. we have gains on thursday, up 340 points. the dow is heading for its best month in 24 years. the broader s&p, october could close as the best month since 1974. cnn s erin burnett asked pete kenny for his take. are you optimistic. i am. the drivers that we ve been getting are positive, surprisingly positive given weakness in some of the sectors of the economy but also the eu, toe as you had mention there s a lot of work to be done, it still takes a lost risk off the table, particularly for the financials. on a day like today, you ve seen tremendous leadership by the financials, that s a good indicator that there s room left on this move up. right now european markets are all looking up. the ftse, the dax, ....

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CNNW CNN Newsroom October 28, 2011

between a police officer and a man being followed for having a license plate that did not match his vehicle. the officer was not injured. police are now putting up road blocks to try to stop the gunman. we ll keep an eye on this and bring you developments as they happen. and now the deal that set off the rally. the details have stopped it. a day after stock prices soared around the world on hopes that europe had finally dealt with its debt crisis, they re back down to earth as we learn more about the breakthrough. blue chips on wall street are more or less flat. and the same goes for europe, though asia had a bit of a catch-up rally. speaking of asia, we find the head of the eu bailout fund that s set to grow to $1 trillion euros. it wasn t clear yesterday where the new cash would come from, but now it s more than clear that europe wants a big chunk from china. beijing isn t making any promises beyond ordinary trade and investments in european bonds. now, let s get ....

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CNNW CNN Newsroom October 27, 2011

they also agreed to boost the eu bailout fund to a trillion euros, details still pretty vague. they re requiring european banks to keep more cash reserves as a cushion against losses. so why should americans care? well i mentioned stocks but that is just the start. my colleague alison kosik has a whole lot more from the new york stock exchange. first, catch us up on the markets, both here and abroad. okay. randi, first stocks are at some of their best levels of the session, the dow up 293 points. if you look at this month as a whole, it is shaping up to be among the best ever. the dow is up more than 1,200 points so far for the year and the strongest gains today actually came from overseas, from europe. in paris we saw the paris index rise 6%. in frankfurt we saw a rise of 5%. france and germany have been financing much of the bailouts in europe and you re seeing this rally because this deal winds up sharing the burden, kind of sharing the pain. they re not going to ....

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Detailed text transcripts for TV channel - MSNBC - 20111026:02:44:00

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Detailed text transcripts for TV channel - MSNBC - 20111025:15:58:00

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