Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

Bernanke steps into the spotlight
Bernanke steps into the spotlight - 02:13
The official royal wedding guest list revealed
The official royal wedding guest list revealed - 01:23
Shuttle astronauts arrive at Cape Canaveral
Shuttle astronauts arrive at Cape Canaveral - 01:18
Waiting for Bernanke
Waiting for Bernanke - 01:51
Hospital staff flee border fighting
Hospital staff flee border fighting - 01:10
Thousands at Sai Baba funeral
Thousands at Sai Baba funeral - 01:03
Al Qaeda releases hostage messages
Al Qaeda releases hostage messages - 01:43
Obama calls birth controversy \
Obama calls birth controversy "distracting" - 05:29
Three blasts hit Kirkuk
Three blasts hit Kirkuk - 01:25
Protests intensify in Yemen
Protests intensify in Yemen - 01:24
Border clashes displace thousands
Border clashes displace thousands - 01:50
S&P Credit Rating Warning Helpful - Lister
S&P Credit Rating Warning Helpful - Lister - 00:53

Friday the 13th not too scary for stocks

Friday, January 13, 2017 - 01:35

Stocks closed out Friday with minor gains after major banks reported results and retail sales rose in December. Jeanne Yurman reports.

▲ Hide Transcript

▶ View Transcript

Friday the 13th wasn't too scary for the markets. The Dow was down fractionally. The S&P and Nasdaq finished with mild gains. For the week stocks closed mixed. The Dow and the S&P lost ground but the Nasdaq rose 1 percent. After a big run up in stocks in the past six weeks, there needs to be more clarity to move higher says Tim Anderson, managing Director at TJM Investments. TIMOTHY ANDERSON, MANAGING DIRECTOR, TJM INVESTMENTS (ENGLISH) SAYING: "Now what we really need to see is some more details n the tax reform plan, the infrastructure spending plan and exactly what regulatory relief might tae place and what the business community's reaction might be to that." Japanese auto parts maker Takata pled guilty to criminal wrongdoing and agreed to a billion dollar settlement with the U.S. government for its handling of faulty airbags. And a grand jury charged three Takata executives as part of a criminal investigation. Wells Fargo, Bank of America and JP Morgan Chase all reported quarterly profit results that beat forecasts. Lockheed Martin says it is close to forging a deal to cut the price of its F-35 aircraft. This after its CEO met with President-elect Trump. U.S. retail sales were up in December amid strong demand for autos and furniture. And prices at the wholesale level rose for a second straight month. In Europe, stocks moved higher helped by bank shares.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Friday the 13th not too scary for stocks

Friday, January 13, 2017 - 01:35

Featured Videos

Ocean clean-up ship fuelled by plastic pollution

Ocean clean-up ship fuelled by plastic pollution

Plans have been revealed for a self-powering ship that will remove plastic pollution from the sea, processing it into fuel as it goes
Ivorian wins first African freestyle football champs

Ivorian wins first African freestyle football champs

A freestyle footballer from Ivory Coast wins the first African championships, held in Nigeria
Che Guevara poster artist on revolutionary times

Che Guevara poster artist on revolutionary times

Fifty years after creating the Che Guevara poster that still adorns student bedrooms around the world, Irish artist Jim Fitzpatrick is delighted at its ubiquity, but concerned at its exploitation for commercial gain
Netfix and HBO tie for total wins at the Emmys

Netfix and HBO tie for total wins at the Emmys

It was a night of upsets for the highest honours in television and a triumph for streaming services, as Netflix drew with HBO for first place at the awards show
BMW shows off self-driving motorcycle

BMW shows off self-driving motorcycle

BMW has released video of its first self-driving motorbike, an autonomous version of its R1200GS motorcycle