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Lines moving. just can t win at the moment. kyung, thank you very much for that. nina? now, let s have a look at how things fared on wall street. we ll hear the closing bell at some point now, you should be able to hear it. there we go. trading on thursday was overshadowed by gloom about the u.s. economy. weekless jobless claims came in at about the 400,000, and the government s revised reading on gdp stayed at 1.8%. strength in the technology sector did help stocks stay out of the red. for the day the dow jones eking out a small gain, the nasdaq gains three quarters of a percent, and the s&p 500 rising by 0.78%. day two of the g-8 summit in france is just getting underway, ....
process, i m totally sure people from the armed forces had been protecting him. after that, he changed the people who were protecting him and at the end of the day i mean that he was protected by very small group of the people from his family. but we ll check everything. we ll investigate everything. we ll announce what happened in the past 16 years. u.s. secretary of state hillary clinton has arrived in pakistan, aimed at talks repairing the nations between the two countries. large parts of the u.s. had severe thunderstorm warnings overnight. two people died in atlanta, georgia, when trees fell on two vehicles in high winds. those are the head lines. i m zain verjee at cnn london. world business today starts now. good morning from cnn london. i m nina del santos. good afternoon from hong kong. i m andrew stevens. japan s auto industry stalls. honda and toyota unveil the full extent of post-quake production cuts. dollars for democracy. g-8 nations pledge to he ....
Airport in chino last night. the story goes mechanics were running the jet engines and the plane broke loose from its wheel locks and skidded right into the hangar. fortunately we can tell you nobody was hurt. looks like a movie. after recent doom and gloom the u.s. market made a convincing comeback yesterday closing back above the 15,000 mark. cnbc s steve sedgwick live in london. i guess the two questions, a, what led to the turnaround in the u.s. markets and how does today look? yeah. what led to the turnaround was pretty much good day. we ve been worrying about economics and the three arrows that japanese have thrown at their economy to turn it around. this time around we led higher on decent economics. the retail sales were the best we ve seen in three months and secondly the weekless jobless claims were better than most expected around 334,000 was the figure there, and about 12,000 lower than previously. in terms of where the markets are trading at the moment and what we re ....