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European Markets Down Across the Board
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FBN's Diane Macedo with news that Germany's Parliament has approved the European bailout fund, plus a market update.
- Duration 1:11
- Date Sep 29, 2011
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FBN's Diane Macedo with news that Germany's Parliament has approved the European bailout fund, plus a market update.
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-- to prosper.
This is -- Imus in the morning the.
Morning everyone in the German parliament has voted to approve new terms for the European bailout fund.
The vote was to expand the powers of that fund it was passed by a wide margin of 523.
Members voting in favor 321.
We're from Chancellor Angela Merkel coalition in fact the measure passed without her having to rely on the opposition and -- Let's take a look at the markets there over in Europe we're seeing down across the board London right now down by forty points.
Parents is down by about five and Frankfurt's down by eighteen -- here in the US futures are up across the board Dow futures are up by 54 the S&P is up by five and a half.
And the NASDAQ up by eleven.
-- -- let's take a look at what's on today's economic Ed Rendell will get a look at weekly jobless claims to start.
420000.
People are expected -- filed for first time jobless benefits in the latest week.
That would be down slightly from last week we'll also get the final reading on US growth for the second quarter.
The estimate is for an uptick in GDP to one point 2% the prior reading was for 1%.
Imus in the morning continues right now on.