video Finance Videos
Stocks rebound helped by bank rally
Thursday, March 12, 2015 - 01:23
Stocks moved higher in Thursdays trading session; Retail sales fell for the third straight month; Houshold net worth hit a new record. Bobbi Rebell reports.
▲ Hide Transcript
▶ View Transcript
Investors went shopping for financial stocks a day after most banks passed the Fed's stress tests, helping the markets rebound from the recent selloff. Economic news was mixed. Weekly jobless claims fell more than expected, but retail sales fell for the third straight month in February. IHS Global Insight's Chris Christopher says the report won't though, impact the Fed's timing for interest rates hikes. SOUNDBITE: CHRIS CHRISTOPHER, DIRECTOR OF GLOBAL & U.S. CONSUMER MARKETS, IHS GLOBAL INSIGHT (ENGLISH) SAYING: "We are calculating that most likely the Fed is going to raise rates in June. And if they don't do it in June, they will do it in September." Americans are getting richer. Household net worth hit a record $83 trillion in the 4th quarter of last year, according to the Federal Reserve. Disney stock heated up on confirmation there is a sequel in the works for the blockbuster movie "Frozen." Shares of Lumber Liquidators rose after the retailer defended the safety of its products, offering customers free home tests to check air quality. The company faces government probes over claims that its flooring products had dangerous levels of a carcinogen. Intel stock fell. The blue chip chipmaker cut its revenue forecast for the first quarter. In Europe, stocks were mixed. A rebound in energy stocks helped lift the FTSE 100.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Stocks rebound helped by bank rally
Thursday, March 12, 2015 - 01:23
Top News »
12:58pm BST - (1:03)
Sun, 17 Jun, 2018 - (1:20)
Sat, 16 Jun, 2018 - (1:41)
Fri, 15 Jun, 2018 - (1:51)
Fri, 15 Jun, 2018 - (2:11)
Fri, 15 Jun, 2018 - (1:40)
Fri, 15 Jun, 2018 - (0:30)
Fri, 15 Jun, 2018 - (3:53)
Fri, 15 Jun, 2018 - (1:06)
Fri, 15 Jun, 2018 - (2:17)
Editors' Picks »
10:14am BST - (1:41)
Fri, 15 Jun, 2018 - (2:25)
Fri, 15 Jun, 2018 - (1:38)
Thu, 14 Jun, 2018 - (0:45)
Thu, 14 Jun, 2018 - (1:54)
Wed, 13 Jun, 2018 - (2:15)
Tue, 12 Jun, 2018 - (2:03)
Tue, 12 Jun, 2018 - (1:12)
Mon, 11 Jun, 2018 - (1:53)
Fri, 08 Jun, 2018 - (1:15)
Most Popular »
Mon, 15 Feb, 2016 - (1:45)
Business »
6:15pm BST - (3:51)
5:51pm BST - (1:27)
5:50pm BST - (1:58)
4:47pm BST - (0:47)
2:20pm BST - (1:27)
1:51pm BST - (1:48)
1:51pm BST - (1:53)
Fri, 15 Jun, 2018 - (1:18)
Fri, 15 Jun, 2018 - (1:40)
Fri, 15 Jun, 2018 - (4:16)
Fri, 15 Jun, 2018 - (1:12)
Fri, 15 Jun, 2018 - (1:14)
Featured Videos
Elon Musk's Boring Co to build high-speed commuter system in Chicago
Chicago has selected billionaire entrepreneur Elon Musk's Boring Co to build a high-speed underground commuter system from the downtown Loop district to O'Hare International Airport
Moscow metro an underground museum of Soviet history and art
As fans descend on Moscow for the World Cup and take the metro to the match venues, they will also be hopping onto an art and history tour, with stations resembling underground palaces
The World Cup for teams you might not recognise
The World Cup final has already taken place - that is the CONIFA World Cup final, a competition for teams not eligible to play for FIFA
A unique way to get to the World Cup
German football fan Hubolt Wirth travels all the way through Europe with his dog Hexe in an old tractor to get to the World Cup in Russia
Mystery of earthquake-proof Leaning Tower of Pisa solved
The rigidity of its marble structure combined with soft soil below helps the Leaning Tower of Pisa withstand seismic waves, according to new research
Technology »
4:23pm BST - (2:13)
Sun, 17 Jun, 2018 - (2:21)
Fri, 15 Jun, 2018 - (1:08)
Fri, 15 Jun, 2018 - (2:17)
Fri, 15 Jun, 2018 - (1:48)
Thu, 14 Jun, 2018 - (1:54)
Thu, 14 Jun, 2018 - (2:08)
Wed, 13 Jun, 2018 - (1:11)
Wed, 13 Jun, 2018 - (1:51)
Tue, 12 Jun, 2018 - (1:36)
Entertainment »
3:28pm BST - (1:50)
2:44pm BST - (1:45)
2:20pm BST - (1:57)
2:19pm BST - (1:49)
Sat, 16 Jun, 2018 - (1:47)
Fri, 15 Jun, 2018 - (2:10)
Fri, 15 Jun, 2018 - (1:59)
Fri, 15 Jun, 2018 - (4:36)
Fri, 15 Jun, 2018 - (1:30)
Thu, 14 Jun, 2018 - (0:53)
Sports And Leisure »
5:42pm BST - (1:11)
10:11am BST - (1:38)
10:10am BST - (1:55)
10:08am BST - (1:02)
10:07am BST - (2:41)
Fri, 15 Jun, 2018 - (1:23)
Fri, 15 Jun, 2018 - (1:27)
Fri, 15 Jun, 2018 - (2:57)
Thu, 14 Jun, 2018 - (1:02)
Oddly Enough »
3:31pm BST - (5:03)
Wed, 13 Jun, 2018 - (0:46)
Tue, 12 Jun, 2018 - (1:30)
Tue, 12 Jun, 2018 - (1:57)
Tue, 12 Jun, 2018 - (1:01)
Fri, 08 Jun, 2018 - (0:51)
Wed, 06 Jun, 2018 - (1:25)
Fri, 01 Jun, 2018 - (0:55)
Wed, 30 May, 2018 - (0:53)
Tue, 29 May, 2018 - (1:01)
Dateline Asia »
Tue, 05 Dec, 2017 - (2:06)
Tue, 05 Dec, 2017 - (2:11)
Fri, 01 Dec, 2017 - (2:04)
Thu, 30 Nov, 2017 - (2:10)
Thu, 30 Nov, 2017 - (2:14)
Wed, 29 Nov, 2017 - (2:11)
Tue, 28 Nov, 2017 - (1:55)
Tue, 28 Nov, 2017 - (2:21)
Mon, 27 Nov, 2017 - (2:25)
Fri, 24 Nov, 2017 - (2:16)
Fri, 24 Nov, 2017 - (2:14)
Thu, 23 Nov, 2017 - (2:18)