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Mitt Romney Wins New Hampshire Primary

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    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  • Duration 5:02
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Imus in the morning program on the fox.

Good morning everyone Mitt Romney's quest for the White House is gaining more momentum after he won the Republican presidential primary in New Hampshire.

Despite the -- though his rivals are nipping at its heels fox business's Peter -- in Manchester this morning with all the latest details good morning Peter.

They are going to I want to talk about one of those rivals Ron Paul the libertarian our Republican candidate the doctor let's take a look at they.

Numbers that we got out of the prime area as of this morning when 95% of the precincts reporting.

More than 240000.

Votes cast we expect that will be a new record.

There are Mitt Romney coming in with 39%.

Decisive win there but Ron Paul coming in with 23%.

Beating expectations.

Here in New Hampshire and same board Jon Huntsman coming in 17%.

Newt Gingrich and Rick Santorum.

Each got about 9% Rick Perry who skipped campaigning here got 1%.

Now Ron Paul as now hoping to like the others take their message to South Carolina take a listen.

Now it is this liberty movement.

Which is seen as a patriotic movement and individual liberty movement that is saying to the country into the well.

Now -- sending our kids and our money around the world to be the policeman -- -- is that time temporary.

Now.

Now analysts say the Ron Paul faces an uphill fight in South Carolina firm among other things South Carolina is not as libertarian as New Hampshire Ron Paul favors cutting back military spending -- a state -- -- large military population and finally of course he's gonna have a lot of competition down there.

Or conservative votes -- Alright Peter thanks.

Let's take a look at the markets now earlier in the morning we saw US futures mixed but now they are down across the board Dow futures are down.

But 34 points the S and he's down by for the nasdaq's down by seven.

Over in Europe German economic growth slowed last year to 3% that's down from three point 7% -- 2010.

And the country's GDP is actually estimated to have shrunk.

By a -- of a percent in the fourth quarter Germany also sold four billion dollars in 5 year notes this morning.

With a yield of point 9% stocks near for down across the board -- down by 38 Paris is down almost 21.

And Frankfurt's down about 47 now with more on what's moving those markets let's go over -- ETX capital senior trader may not live up.

May not risk -- choppy trading over there to.

They what are investors watching.

-- sending the economic numbers coming out of Europe that -- have been relatively mixed.

As you Roy mentioned that the German GDP numbers came at 3% which was but he says the previous number but said most of the -- -- the fourth quarter.

Looks like he shrunk and we see a shrinking in the first quarter as well -- they say because Jim because it's a recession.

Along with essentially the rest of the Euro zone as well.

Which doesn't bode well because obviously Germany's largest eurozone country that wants the -- Germany Tenet says to prop up the rest of the euros -- But to have had a bond -- -- which went relatively well more than that two -- -- maximum targets.

And it's come was fairly good as well -- the market seems to be can own sets of comments made by -- Talking about the ECB needing to step into the markets and such a small phones so voice in in there was a cataclysmic collapse.

In the in the eurozone and so -- mobile was seen as weakness coming as the market and lost our side and we could see that for the rest of the trading session potentially.

Alright Matt thanks -- great having you on.

And hostess has filed for Chapter Eleven bankruptcy protection.

According to court papers the maker of twinkies and Wonder -- has assets of between 500000000 and one billion dollars but is over a billion dollars in debt.

Reports have suggested the company's been battling high labor and ingredient costs this marks the second court restructuring for hostess which emerged from a prior bankruptcy.

In 2009.

Now let's get the latest on weather for meteorologist Maria Molina in our Fox Business weather center -- Maria.

Hey good morning saying we're tracking two storms today we have one very strong cold -- -- swinging -- parts of the upper midwest already early this morning bringing in some snow for parts of Minnesota.

Down into South Dakota and it also has some very gusty winds behind it -- And cold air so keep an eye out for that as that system continues to -- We'll be headed into the northeast as we -- -- later on today and also into Thursday we already have some winter weather.

Advisories across parts of Chicago lost -- friend -- to the north in Wisconsin.

And also into the northeast in advance of both of -- storm system.

Farah aidid is January's I guess we'll have that banks man.

Now let's take a look at commodities oil and gold are mixed -- down almost a dollar at 101 dollars a barrel.

-- up about five bucks at 1636 announced Imus in the morning continues right now on Fox Business.

Giving you the -- across America.

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