before the intel and i.b.m.results ruben reported earlier in the program, the technology sector was up 1.6%. energy was up 1.5%. some of the recent weakness in but steel and chemical makers were rallying today. cliffs natural resources jumped 7.1% to a one-month high. cliffs mines the coal used to make steel. shares have been trending lower since february as steel and coal prices have dropped with chinese demand falling. dow chemical has been trending lower since april. today, shares popped 5.6%. the company also has raised worries about slowing growth in china. other stocks hit by global growth worries reversed some recent losses. caterpillar was up 2.6%. united technologies rallied 1.9%. today, u-t-x announced it will sell its aerospace electric power systems business for $400 million to a french jet engine maker. health insurance company united healthcare did the equivalent of sneezing today, and shares fell. the stock was down 1.1%, making it the worst percentage performance in the dow jones industrial avera

i.b.m. was the biggest percentage loser among dow industrial stocks, falling 4.9%. volume quadrupled with the stock sitting at six week lows. because of the way the dow industrial average is computed, i.b.m. has a significant influence. bigger than fellow dow stock intel. it was down 2.5% after its own disappointing forecast. volume doubled. shares are less than one dollar away from their most recent 52 week low. for-profit education company apollo continues struggling against shrinking enrollments so its cutting jobs and closing some university of phoenix locations to save money. shares plummeted 22.2%. volume soared with the stock falling to an 11 year low. new enrollments have been cut in half in the past year and a half and apollo expects them to continue falling for at least another six months. four of the five most actively traded exchange traded products were up. the financial sector e.t.f. led the gains up 1.3%. the nasdaq one hundred tracking fund was down a fraction. and that's tonight's market focus. >> tom: despite the stock market gains this year, there

i.b.m.'s latest results weighed on the dow. still, the major averages managed to close to the upside. the dow was up just five points, the nasdaq rose three, the s&p added six. >> susie: oil prices bounced around today, finally closing down at $92 a barrel on a bigger than expected increase in u.s. supplies. gasoline prices fell and now average $3.75 a gallon. prices at the pump were a hot topic in the presidential debate last night. we talk now about the outlook for energy with gareth lewis-ok davies commodities strategist at b.n.p. paribas. so you heard it last night, the candidates went toe to toe in the debate. governor romney accusing the president that for a doubling of gasoline prices over the last four years president obama defending himself saying it wasn't his fought that there was a recession and a recovery. soho was right here? >> well, really oil prices as a global phenomenon is dependent on what's happening with the world as a whole. so there's a limit to what one country, one

belt along with i.b.m.and title klitschko stating they won't be pressured into taking any earlier in july next year while king will self doesn't appear to deter by its critics ahead of the looming super far. right now. given plenty of world wide exposure so i understand why i'm considered the underdog but i'm not too worried about it i'm surrounded by people who fully believe in me and i'm confident that i have what it takes to be futile. russia's kontinental hockey league is heading stateside with the n.h.l. lockout in full swing sports broadcaster e.s.p.n. has decided to showcase shell games in the u.s. the network which has had a strained relationship with the north american league will also show gains in the u.k. . for sure but surely currently has plenty to offer when it comes to get in our product on the market the clubs which currently feature n.h.l. players such as the nominee says sky and sky will clearly draw more interest from overseas then there are the teams but ultimately it will suggest we ea

surprising strong housing report yesterday helped to off jet disappointing profits from intel and i.b.m. the dow stands this morning at 13,557 after squeezing out a five-point gain in trade yesterday. the nasdaq inched up by nearly two. the s&p 500 was up by about six points. >>> builders broke ground on new homes last month at the fastest pace in more than four years and they requested permits to build even more homes in the coming months. analysts expect record low mortgage rates and more stable home prices will continue to drive construction in the coming months. >>> so many flight attendants accept add buyout offer from american airlines that the company has plans to hire 1500 new ones over the next year. the bankrupt airlines says more than 22 flight attendants chose to walk away in exchange for a $40,000 payment. the parent company amr says it also lost $238 million in the third quarter because of bankruptcy costs. >>> microsoft finally putting a price tag on its new tablet. the surface will start at $499 for the least expensive 32 gig model. it runs on microsoft's latest mobile s

they include dow components like dupont, i.b.m., johnson and johnson, and walmart, who say they depend on colleges to train a diverse pool of potential employees. the companies filed a brief together saying, "the only means of obtaining a properly qualifiegroup of employees is through diversity in institutions of higher education." other groups mirrored the concerns that our labor force would suffer without affirmative action. >> as we americans position ourselves to compete successfully in a global economy, we do our future leaders and our nation a grave disservice if we fail to prepare them to work effectively with people of different racial and ethnic backgrounds. >> reporter: the university says race is only a small part of the admissions process, but critics say it's not necessary at all. they worry if fisher wins, the case's implications could spill over to businesses as well. >> anything that increases the legal and compliance and regulatory burden is going to make it more difficult for businesses to be more efficient, to hire more workers, to create more jobs, to earn more prof

in recent days i.b.m., u.p.s. and mcdonald's have also issued disappointing earnings. in fact, nearly two-thirds of companies, 63%, have missed analyst expectations. >> the outlook moving forward seems to be a lot slower than everyone wants and where everyone was expecting. >> reporter: trader jonathan corpina with meridian equity partners says another set of numbers has wall street worried, the polling numbers which show the presidential race still a dead heat. >> who's going northbound in office? there's no indication as of this morning where that that's going to be. so that adds to another ingredient in the uncertainty pot. >> reporter: the recession in europe is cutting into business for many american companies. how much of an impact is it going to have on the overall economy? we'll know more friday when the government reports on the economy's growth rate, scott. >> pelley: anthony, thanks very much. the candidates clashed over military spending at the debate and we're going to have a look at their plans. a new hurricane may be forming. how close will it come to th

intel and i.b.m.eported disappointing profits after market closed. >>> citigroup is not offering an explanation of the sudden resignation of the c.e.o. there are reports he clashed with the bank's board over strategy and performance. shareholders have also objected to his pay package. get this. he received $261 million over the past five years. his replacement will be long time citigroup executive michael corbett. that is a lot of money. >>> we'll have your weather first when we return in just for minutes. 3q lysol knows the soft places we love could be home to bacteria. so use lysol disinfectant spray on soft surfaces everyday when you're cleaning up to kill 99.9% of bacteria. lysol. mission for health. >>> good morning. welcome back to nine fine now. 4:41 this morning. this time you will need the light jacket to brave the cold. cool winds. >> 30s north and west. i have my -- i would have my gloves on if i was outside. it's closer to 50 here in town. the 30s are well up north. it's going to be a dece

moving on us stocks are down assaults and disappointing tech results from the lie of i.b.m. and intel as well offsetting a job and housing starts as well as the good news of bodies as far as a wall street is concerned european source is still managing to get a house off to moody's investor service kept its investment grade debt rating on spain avoiding dog status of fed now let's move on to the currencies will be able to see that the year is indeed continuing north as a result this is what the ruble looks set to. an issue like today we'll have the closing figures in the next hour same goes for the equities we're all looking at again and a lot of that is because oil prices are doing a rather well today adding a little bit of momentum giving some support to the mosque their markets so let's check out with my sex in the l.c.s. and see whats going on there now coming up next here on our team got an interview with the u.s. presidential candidate from the green party steve who was arrested in new york for trying to enter the debate between barack obama and mitt romney.

performance right now that's after disappointing results for some massive tech companies including i.b.m. and intel but there was some good news because housing starts raise fifty percent. in september they chica european markets down because spain was given a little respite today from moody's investors service they chose not to drop spain's right junk status. in the exchange rate said because we'll be able to see the euro is still heading north now at its highest level against the us dollar and as for the ruble the spanish trading it was a mixed performance the russian x. the markets they draw the well today at last because the risk appetite has been ignited because of a potential spanish bailout coming up next hey on all t. we've got an interview with the us presidential candidate from the green policy philistine who was arrested in new york for trying to end the debate between barack obama and mitt romney. my guest today is joel stein nominee for president of the united states with the green party thank you very much for joining me dr stein it's great to be with you can really really

you think of that i think it's a very valid point you know if you take the other tech titans such as i.b.m. microsoft. google etc you know microsoft had a few hits apple's had hit after hit many of those hits not to take any credit away from apple's you know wonderful company. but a lot of this success was due to the company's competitiveness their competitors have not gotten a game together because of the. android now apple has tried and one of apple's biggest assets appears to have been steve jobs. was on the rise. fell he came back apple came back again you know and you know it's a good chance of steve jobs not coming back now so now is the steve cook who seems to be a technical operations guy but just doesn't seem to have the mountain of following that steve jobs has now i think steve cook i mean i'm sorry cook is going to have. a rough time because apple's downfall started before the death of steve jobs because of the competition that came from google's android but there's a tale so you don't see the full of. after the fact and then after the fact is after steve jobs i mean i'm sorry

because they've got a mixed release of news coming out today because there's corporate news coming from i.b.m. and intel see if tech companies disappoint cause we've got house insults which rose to fifty percent in september that's hitting the highest level in more than four years last kidneys. them because they're not the last a part of their day and they saw days today with moody's investors service key thing is investment grade debt rating on this basis giving a bit of a breather avoiding junk status u.s. unemployment unexpectedly fell as well the euro is continuing north as a result of all of that achieve its highest level since the u.s. dollar this month and the ruble has finished trading it had a mix before was the russian stocks managed to gain in last because oil prices were rising during the. most day session they have us she drops about the last thirty minutes or so that's because of us adventures rise but that will take effect tomorrow right a lot of business slow some people i think a lot post-war a i want to show yeah as usual you're with billboard next hour thanks katie. bar jus

it's a rival to companies like i.b.m. and other major players in this space. but actually they're being damaged by the fact that the chinese government is not trusted and so it's a really awkward problem because they want to promote their businesses overseas but ultimately it's the government that is holding them back. if china wants to become the next great power, it has to be able to create the kinds of brands that will project its power abroad and right now what people say is "i wouldn't put my data in a chinese cloud." >> rose: we've heard people here publicly and privately, people from the national security apparatus, especially former c.i.a. directors, that the chinese do more spying on us than any other nation. >> that's true. >> rose: that may because they have the capability, but they do more than any other nation. in the private and public sector. >> and there is a merging, in a sense. those two worlds merge in china in ways they don't in the united states. if you're somebody who goes abroad for china, whether it's as an engineer or academic and you

that helped to offset disappointing profits from intel and i.b.m. in trading yesterday. check be the numbers. the dow starts this morning at 13,551, squeezed out a five- point gain. a little but we'll take it. nasdaq up by three. s&p 500 up by six. builders broke ground last month at the fastest pace in more than four years. they requested permits to build even more homes in the coming months. analysts expect that record low mortgage rates and more staicial home prices will continue to -- stable home prices will continue to drive sales and that means jobs. >>> american airlines has plans to hire 1500 new employees. more than 2200 flight attendants chose to walk away in exchange for a $40,000 payment. the parent company of american airlines also says it lost $238 million in the third quarter because of bankruptcy costs. it's good at least to hear about the hiring portion. >> hopefully fees don't go up to offset it. >>> we're back in-- >> you're back in 30 minutes. what do you have for news. >> some things we may be doing online but we don't realize we're actually putting

shares of both intel and i.b.m. were lower in after-hours trading after their latest quarterly results. but earlier there was positive news from homebuilders. the u.s. homebuilders' confidence index rose to its highest level since 2006. the dow is up 127, the nasdaq gained 37, and the s&p is up 15. tomorrow, we'll see how airline earnings are shaping up as we head into the holiday travel season. for more financial news, tune in to "n.b.r." weeknights on this public television station.