New Home Sales Up 6.6%
Airtime: Wed. Oct. 27 2010 | 10:00 AM ET
New home sales rise 6.6 percent in September, with CNBC’s Diana Olick.
Airtime: Wed. Oct. 27 2010 | 10:00 AM ET
New home sales rise 6.6 percent in September, with CNBC’s Diana Olick.
President Barack Obama speaks before the Budget Deficit Commission.
Shares of Apple hit a lifetime high after quarterly results showed consumers continued to snap up millions of iPods and iPhones. Conway Gittens reports.
Mr. Lamar McKay, BP American president and chairman, offers his opening statement to the senate Committee on Energy & Natural Resources regarding the Gulf oil rig explosion and subsequent spill.
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”
Discussing whether the recession is headed for a double-dip, with Nouriel Roubini, Roubini Global Economics chairman.
Insight on the end of TARP, with Neel Kashkari, managing director and head of new investment initiatives PIMCO.