video Finance Videos
Stocks flat, waiting game almost over
Tuesday, December 17, 2013 - 01:31
Dec. 17 - Summary: Investors were wary of making big bets ahead of Wednesday's Fed policy meeting conclusion; Facebook to test video ads; Tech execs chat up Obama on NSA. Fred Katayama reports.
▲ Hide Transcript
▶ View Transcript
PLEASE NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIAL Stocks closed flat as investors were wary of making big bets before the end of the Fed's two-day policy meeting Wednesday. A rebound in the annual inflation rate and a pickup in homebuilder confidence could give the Fed cover to start tapering its stimulus earlier than March. Both the Dow and Nasdaq finished just slightly below where they began the day. Facebook got a lift after it said it would start testing video ads in news feeds on Thursday. Oppenheimer raised its price target on the stock. In Washington, top executives from Facebook, Google, and other high tech giants met with President Obama to discuss the troubled healthcare.gov website and their request that the government curb its massive surveillance programs. Back on Wall Street, fans of buybacks and dividends plowed into stocks of Post-it producer 3M and jet maker Boeing. Both upped their payouts and unveiled new buyback plans. Printer maker HP shot up on a ratings upgrade. JP Morgan predicts the decline of printing demand will level off. The maker of the robot vacuum cleaner, Roomba, zoomed higher. Raymond James raised its rating on IRobot. But AT&T fell. The phone company said it's selling its landline business in Connecticut to phone operator Frontier Communications. Frontier's stock rocketed higher. In Europe, stocks resumed their downward slide on worries that the Fed would act soon.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Stocks flat, waiting game almost over
Tuesday, December 17, 2013 - 01:31
Top News »
12:29am GMT - (1:50)
Mon, 18 Feb, 2019 - (2:15)
Mon, 18 Feb, 2019 - (1:19)
Mon, 18 Feb, 2019 - (1:28)
Mon, 18 Feb, 2019 - (0:21)
Mon, 18 Feb, 2019 - (2:16)
Mon, 18 Feb, 2019 - (1:09)
Sun, 17 Feb, 2019 - (2:04)
Sun, 17 Feb, 2019 - (2:04)
Sat, 16 Feb, 2019 - (1:19)
Sun, 17 Feb, 2019 - (1:12)
Editors' Picks »
7:19am GMT - (1:31)
Mon, 18 Feb, 2019 - (1:52)
Fri, 15 Feb, 2019 - (1:55)
Thu, 14 Feb, 2019 - (2:50)
Thu, 14 Feb, 2019 - (2:00)
Thu, 14 Feb, 2019 - (1:24)
Thu, 14 Feb, 2019 - (1:58)
Thu, 14 Feb, 2019 - (1:15)
Wed, 13 Feb, 2019 - (1:40)
Wed, 13 Feb, 2019 - (1:40)
Business »
8:38am GMT - (1:50)
8:37am GMT - (1:19)
Mon, 18 Feb, 2019 - (1:37)
Fri, 15 Feb, 2019 - (2:04)
Fri, 15 Feb, 2019 - (1:06)
Fri, 15 Feb, 2019 - (6:42)
Fri, 15 Feb, 2019 - (1:56)
Featured Videos
Design-your-own 3D virtual Lamborghini
Cloud-based technology from British company ZeroLight lets Lamborghini fans create a 3D virtual model from a limitless number of combinations
Spectacular World Cup of Snowkiting gets going in Italy
Snowkiters race across a frozen lake in Italy on either skis or snowboards to compete in the Snowkite World Cup
Living dangerously, one foot at a time, in 'Free Solo'
Climber Alex Honnold's death-defying ascent of El Capitan in California's Yosemite National Park is taking him to the Oscars, where a film about his feat will compete for the movie world's highest honour
The elusive black panther is spotted in Kenya
Images of a rare African black leopard - known as panthers - have been captured in Kenya, the first verifiable record of the animal for nearly 100 years
Meghan being harassed just like Diana - George Clooney
The media are harassing Meghan Markle just as they did Princess Diana, who was killed in a car crash while being pursued by paparazzi, her friend George Clooney says
Technology »
Mon, 18 Feb, 2019 - (1:34)
Mon, 18 Feb, 2019 - (1:22)
Fri, 15 Feb, 2019 - (1:20)
Fri, 15 Feb, 2019 - (1:13)
Tue, 12 Feb, 2019 - (1:22)
Tue, 12 Feb, 2019 - (1:39)
Mon, 11 Feb, 2019 - (1:32)
Fri, 08 Feb, 2019 - (2:05)
Thu, 07 Feb, 2019 - (1:38)
Wed, 06 Feb, 2019 - (1:27)
Entertainment »
12:35am GMT - (2:21)
Mon, 18 Feb, 2019 - (2:19)
Mon, 18 Feb, 2019 - (1:50)
Mon, 18 Feb, 2019 - (1:49)
Mon, 18 Feb, 2019 - (2:23)
Sun, 17 Feb, 2019 - (2:08)
Sun, 17 Feb, 2019 - (2:09)
Sun, 17 Feb, 2019 - (1:05)
Sun, 17 Feb, 2019 - (1:02)
Sun, 17 Feb, 2019 - (1:45)
Sun, 17 Feb, 2019 - (0:45)
Sat, 16 Feb, 2019 - (0:56)
Sports And Leisure »
Mon, 18 Feb, 2019 - (1:50)
Mon, 18 Feb, 2019 - (1:40)
Mon, 18 Feb, 2019 - (1:29)
Mon, 18 Feb, 2019 - (0:54)
Thu, 14 Feb, 2019 - (1:27)
Thu, 14 Feb, 2019 - (0:45)
Thu, 14 Feb, 2019 - (1:01)
Wed, 13 Feb, 2019 - (1:32)
Wed, 13 Feb, 2019 - (1:00)
Wed, 13 Feb, 2019 - (0:50)
Oddly Enough »
Sun, 17 Feb, 2019 - (0:50)
Fri, 15 Feb, 2019 - (0:42)
Fri, 15 Feb, 2019 - (1:36)
Thu, 14 Feb, 2019 - (1:01)
Thu, 14 Feb, 2019 - (0:59)
Thu, 14 Feb, 2019 - (1:34)
Thu, 14 Feb, 2019 - (1:26)
Wed, 13 Feb, 2019 - (0:49)
Tue, 12 Feb, 2019 - (0:40)