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Dave Caruso's Before the Bell

Before the Bell 6/16/2008

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Play from 0:11[0:11] ..." guy or bad I don't. That's right now you've got to watch Tiger Woods are they're public Celtics are we had a flat week last week the numbers your day."...

Play from 0:27[0:27] ..." the board we get the Dow down about seven point 2% the S&P 500 about. Seven point 4% as -- about a half percent -- the better the Russell 2000 which is small cap index it's only down about 4%. And let's look we also -- the international east and they expect a big -- that's because we have a very strong dollar per inspect the point that. -- now was down ten point 5% you're dates who got hit pretty hard last week that's 4% in one week a lot of chilling -- dollars and equation oil prices up 40% -- data basket of goods to doubt Jones commodity index of 20% year to date. Gold up 4% in that"...

Play from 1:27[1:27] ..." loss since going public since nine before but we're also -- and Goldman Sachs and Morgan Stanley in that we have -- a little worried lately but the -- the financials so significant holdup. -- look"...

Play from 0:00[0:00]" Before the -- Joining us now will be BG financial editor deep roots happy Father's Day one day eats yes thank you got a nice until I know I guess you do it -- I mean guy or bad I don't. That's right now you've got to watch Tiger Woods are they're public Celtics are we had a flat week last week the numbers your day."

Play from 0:22[0:22]" That we're doing okay we got a pretty good numbers that CPI on Friday but that we're still in the -- all the way across the board we get the Dow down about seven point 2% the S&P 500 about. Seven point 4% as -- about a half percent -- the better the Russell 2000 which is small cap index it's only down about 4%. And let's look we also -- the international east and they expect a big -- that's because we have a very strong dollar per inspect the point that. -- now was down ten point 5% you're dates who got hit pretty hard last week that's 4% in one week a lot of chilling -- dollars and equation oil prices up 40% -- data basket of goods to doubt Jones commodity index of 20% year to date. Gold up 4% in that we keep things look at this week as well isn't that. Manufacturing surveys housing starts building permits we're also going to hear -- all the more about inflation with producer numbers coming out this week industrial production. We finally get that the leading economic indicators which is kind of possible later in the week but I think probably the biggest news and -- network that was today's -- Baxter coming out with their earnings Lehman has -- supported at a telegraph that last week with the two point eight billion dollar loss which. It's also the first loss since going public since nine before but we're also -- and Goldman Sachs and Morgan Stanley in that we have -- a little worried lately but the -- the financials so significant holdup. -- look at the futures market right now -- it was a 165 ever given a little bit of that back this morning with a recipe down seven. The Dow was down 66 points Nasdaq down ten. Or prices -- gold prices up unfortunately I would cycle took 350 of playing with another 130 change so. So much for the saudis boosting production -- thousand barrels and gold up about the seventy dollars as well."

Play from 1:59[1:59]" Okay and some more financial company -- too."

Play from 2:01[2:01]" Yeah I don't get a -- and Lehman but we just -- you achieve the CEO look that company which is the world's largest insurance company mart sold in this. -- after kind of a tumultuous couple of years the chairman has taken over Robert won't that he catalog for the job so. He's a little bit of the you'll receive but the real or perceived as the founder and and larger shareholder hank Greenberg and he's been very -- lately about that comment on the company and I think he wants things that to happen. Also prosecutors are on the trial and investigation are thrilled and investigations is capable of the Bear Stearns. Hedge fund managers -- the might interpret -- some things that would."

Play from 2:35[2:35]" Okay David thank you so much --"

Other Episodes in this series

Before the Bell 1/28/2008

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28 Jan 2009

Before the Bell 1/28/2008 

An early look at the market with Financial Editor Dave Caruso.

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[0:53]..." losses -- if you look at this earnings season you know even Wells Fargo was up this morning with the big one so they -- getting those losses I think you'd think he'd get those assets. Also their books and they go back the plan if you would of what the purpose was to be about but to be pretty good so. That we got a great -- second they have a job basically or maybe third the third day on the job. As so he's going to be at all political over the -- what we've got and I think the majority of financial stocks are really like infect most of the financials are very big this -- so. These are start it and he teaches at nineteen point eight. Does the 159. We that the NASDAQ up to 48 oil prices down around twenty cents a forty want to change in gold down to fifteen years and eight and seven. "...

[0:21]..." good start. To be the fourth day in -- world that we CBS and the -- advocates expect the -- Summers have been the scene looked something like that. I have -- against the there "...

[1:33]..." it's not been pretty so far but they they continue to come AT&T was up this morning and they were down 23% on the auditing company. But the good news is is that they had "...

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2:47more in this series...

Before the Bell 1/27/2008

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27 Jan 2009

Before the Bell 1/27/2008 

An early look at the market with Financial Editor Dave Caruso.

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[0:21]..." about the clutter so this morning we got the three popular names American Express DuPont to Texas Instruments. Not helping yourself all locked the American Express was 79% drop. For the fourth quarters but it took a lot of write downs and there about a -- behind expectations that a lot but again the financial -- some tough times. DuPont they have losses while they cut their outlook. The loss looks to be about seventy cents a share in the street was only expecting about twenty cents -- so. They also came out and cut the forecast and I agree when their Texas Instruments speaks semiconductor company that reported 86% drop in the profits so. They too were cutting about 3400 jobs and they warned -- "...

[1:21]..." we've been here it was something were to go to their. A Bristol-Myers also in the drug group most profitable point two billion dollars and are you that but this department of I think a "...

[1:47]..." David to the housing market a nice surprise on some housing numbers yesterday but today a different report. "...

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2:54more in this series...

Before the Bell 1/26/2008

audio

26 Jan 2009

Before the Bell 1/26/2008 

An early look at the market with Financial Editor Dave Caruso.

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[1:33]..." the 38 years. And don't even mention about a 137. Of the S&P 500 are coming out of their earnings so we got -- spectacular surprise about it at least a little bit of lift this morning know what we get disappear tent. A 1048 -- has -- nine point eight oil prices are down about 75 cents at 45 and change. And we also got that the -- booked August 11 has such six "...

[0:46]..." not so bright new year to date it has -- 8% the S&P down almost 8%. That's the extent six point 3% small cap Russell 2011%. Of we're so all those of you looked overseas "...

[2:54]..." Camera looking at a big deal on Wall Street. "...

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3:34more in this series...

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