u.s. caterpillar is the top gainer on the balance of more than three percent. closing picture in europe now. looking positive the footsie up one percent the dax three percent in germany stocks are up after german business sentiment exceeded expectations and the food scene was weighed down by astra zeneca as its announced that it's a bad ending to a very and a cancer drugs. and in russia also a positive session of the s m i six up almost two percent at the close mainly driven by energy shares gazprom up almost four percent at the close. also up but weaker than the market up half a percent as has its net profit rose by more than during the first nine months of the year reaching three hundred eighty four million dollars preferred shares of national pipeline operator trance nafta are up more than two percent nine months net profit rose eighty percent of four point eight billion. chairman and it's only true bias has put a figure on the gains he expects from the membership of the world trade organization at a ceremony accepting russia as a member of the trade body to

u.s. exporters like caterpillar and tech giants like intel and cisco systems. overall the dow lost 131 points ending at 11,823. the nasdaq fell 1.5% and the s&p 500 dropped more than 1%. more profit-taking in the gold pits. gold prices fell more than 4% wednesday to below $1,600 an ounce. the precious metal broke through a key technical level that could signal more multiyear lows in the days to come. while gold falls u.s. treasuries are holing up as a safety play. bond prices rose wednesday and the yield on the benchmark ten-year fell to 1.91%, the lowest level since late november. the yield on the 30-year bond fell below 3%. dark days in the solar sector, shares of first solar tumbled 21% wednesday after the company issued a weak outlook for 2012. lower demand and oversupply of chinese-made solar panels has basically caused prices to collapse. that's taken a toll on companies across the solar energies. that's a wrap of the day on wall street. i'm alison kosik in new york. >>> let's take a look at how things might shape up when u.s. stock markets get trading in

u.s. came in surging nine point three percent caterpillar and hewlett packard are two top gainers on the dow they're up three point eight percent. first picture now in europe was sort of the fourth c. and that x. gained one and three percent respectively the dax is up after a survey of german business sentiment exceeded expectations the first see however was a pressure down by shares of astra zeneca which went down as announced its abandoning a variant cancer drugs. and in russia also a positive session my six gaining almost two percent at the close to look at the main movers on the myself you'll see that energy shares were leading the gains gazprom up almost four percent therefore it was weaker than the markets after reporting its net profit rise by more than a third during the first nine months of the year to reach free card. for many of dollars have preferred shares of a national well pipeline operated trance naps were also up strong its nine month net profit rose eighty percent to a four point eight billion dollars. the chairman of russia's now technology corporation anatoly to beis has

u.s. stock markets are up on a positive housing report caterpillar is talking up on the dow which is above twelve thousand points finally caterpillar is up more three percent. european stock markets also catching this optimism coming from the united states helped by banks the dax is up after a survey of german business sentiment exceeded expectations for these up point nine percent is still way down somewhat by the drug sector shares of astra zeneca are down as it's abandoning and to various cancer drugs. and this is a cause and picture in a rush our stock markets there also had a positive session with the obvious my stocks are two percent main drivers of the growth energy shares gazprom adding almost four percent there at the close and carry out a lot weaker than the market up half of the said sap profit rose by more than a during the first nine months of the year reaching three hundred eighty two million dollars preferred shares of the national oil pipeline operator transnet also strong its nine month net profit rose eighty percent to reach almost five billion dollars. chairman and it's

u.s. bonds drove a $13 billion, 30-year bond sale at a record low rate. shares of caterpillar, led the dow lower. chevron also dragged the dow after brazilian authorities sued chevron over a recent spill for over $10 billion. techs sold off sharply. first solar tumbled after joining other companies that recently cut their outlooks. watch lam research today. it's buying novellis in a $3.3 billion all-stock deal. elsewhere, one survey says ceo pay shot up 27% last year. john hammergrin of the country's highest paid took home $145 million. meanwhile f congress fails to extend unemployment benefits that expire in two weeks, nearly 1.8 million americans will lose assistance. >>> finally, it's known as retail therapy and store owners love it. a new survey of finds one in four adults have gone shopping to improve their mood. guilty as charged. >>> coming up, dwight howard is staying put. bruins keep rolling. and one other way tim tebow can take advantage of his repeat string of luck. >>> plus, the no.'s chris paul drama/trauma ends with paul headed to l.a. just a slightly different a

u.s. stock markets are up after a strong spanish gets on the member housing starts one point three percent caterpillar and hewlett packard are top gainers on the dow they're up more than three. european stocks on that spanish debt were higher the dax is up more than three percent after a survey of german business sentiment exceeded expectations in london the four c. was a bit weaker that's because shares of astra zeneca were down on the mouth when it's abandoned answer your very end cancer drug. is the closing picture in russia where the r.t.s. m i six gained almost two percent so energy shares were some of the biggest gainers gazprom adding almost four percent airflow bit weaker than the market after its net profit rose by more than a during the first nine months of the year and preferred shares of national oil pipeline operator trance naphtha are also up more than two percent it's my money that profit rose eight percent to reach almost five billion dollars. has put a figure on the gains he expects from the membership of the world trade organization at a ceremony accepting russia's a member of the tr

u.s. treasuries were higher on wednesday. the s&p 500 fell after five straight days of gains backing into negative territory for the year. the downward spike was accentuated by extremely low volume. alcoa and caterpillar led the dow lower. in europe data showed banks were hording cash recently injected by the european central bank rather than lending it out as hoped, a sign those banks may be in worse shape than previously thought. >>> euro worries hit bank stocks hard here with bank of america and regions financial leading lower. as stocks lost investors seeking safety drove bond prices higher. the u.s. ten-year treasury yield fell below 10%. oil fell almost $2 under $100 a barrel on saudi promises to offset any losses from a threatened iranian blockade. >>> gold fell 2%, closing at the lowest level in more than five months. elsewhere, the national science foundation awarded lockheed martin a $2 billion contract to maintain support infrastructure for antarctic research. >>> yesterday "the new york times" thought it sent an e-mail to a few hundred subscribers who recently canceled offering the paper at half price for 16 weeks. well, instead, the offer went to 8.6 million addresses. initially "the time

u.s. treasuries higher wednesday. the s&p 500 fell after five straight days of gains, backing into negative territory for the year. the downward spike was accentuated by extremely low volume. alcoa and caterpillardow lower. >>> in europe, data shows banks were hoarding cash recently injected by the european central bank rather than lending it out, as hoped, a sign that those banks may be in worse shape than previously thought. >>> on that news, the euro hit an 11-month low against the dollar and a 10-year low against japan's yen. euro worries hit bank stocks hard here with bank of america and regions financial leading lower as stocks lost.ç investors seeking safety drove bond prices higher. the u.s. ten-year treasury yield fell below 2%. oil fell almost $2, under $100 a barrel on saudi promises to offset any loss from a threatened iranian blockade. gold fell 2%, closing at the lowest level in more than five months. elsewhere, the national science foundation awarded lockheed martin a $2 billion contract to maintain the support infrastructure for antarctic research. >>> and finally, yesterday, "the new york times" thought it sent an e-mail to a few hundred subscribers who recently canceled, offe

u.s. stockpiles are declining adding pressure speculation and further sanctions may be imposed against iran opec's second largest producer of. secular good us stocks and they're slightly down at this hour despite a positive housing report caterpillar is the top gate however some three and half percent european stock markets of positive health by banks the dax is up after a survey of german businesses this surge sentiment exceeds expectations footsie is trading flat to positive it's still way down by the drug sector astra zeneca is down as its abandoning and to a very of a cancer drugs. and this is the goes in picture in russia where the r.t.s. m i six gained almost two percent stake ago was moving the my sax energy shares were some of the strongest performers gas problem adding almost four percent at the close on those higher oil prices that we mentioned earlier the program at carry out thought also gaining as a snap profit rose by more than a third during the first nine months of the year reaching three hundred ninety four million dollars and also preferred shares of trans dept up two point three percent . oil pipeline operates a reported a my month net profit rise eighty percent to four point eight billion dollars most interesti

u.s. stocks are lower as optimism fades on the outcome of the upcoming e.u. summit at the end of this week financials are higher but industrials are dragging on the dow caterpillar is declining around two percent. european stock markets closed wednesday's trade but what we're seeing at the close is footsie down point four percent the dax point six percent better than what we saw throughout the whole session that's despite the financial times say european officials are in talks to potentially double the firepower of the eurozone bailout fund and this is the close of russia's national on wednesday of the tuesday's steep declines the russian markets posted more losses the r.t.s. one point two percent my six almost point seven percent of the main movers on the my six gazprom and lukoil despite all the oil are going down we're slightly better than the market down point four percent of the world what are some of the biggest losers on tuesday fertilizer maker carly was up for most of the session but went out of the close the company's revenues reached three point two billion dollars in the first nine months of this year here's mark rubenstein from i have seen natural .

caterpillar elsewhere. >> has its share of problems. no question. when other states in the u.s.r, it makes it tougher to draw people here. >> reporter: deep in the red, illinois raised its corporate tax rate this year making it the fourth highest state tax for businesses. one caterpillar employee told me he's not confident that more plants, new plants, will be built here in illinois unless the environment changes? >> i think that's true. i think you know, given the competitiveness of states around the country, illinois's got to make fundamental changes to be competitive, and i think they will. >> reporter: but for now, cat's staying. and building more demand from abroad. >> 70% of our sales are non-u.s. >> reporter: from uruguay to australia to egypt, 82% of these d-11 tractors are experted outside of the united states for $2 million a pop. >> it's not a threat. it's an opportunity. buy that globalization, buy those sales overseas, we are guaranteeing the future of caterpillar in the future of engineering jobs here and overseas. >> we're growing in china, everywhere. but upgradi