Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Occupy Wall Street Marks First Anniversary

Details

  • Description

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  • Duration 4:39
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

This -- they've -- Imus in the morning.

-- on the box -- Good morning everyone Occupy Wall Street is marking its first anniversary this morning and they're planning to again occupy that Wall Street area here's a live look at protesters.

In the financial district right now they seem to be heading for the New York Stock Exchange in the group's -- today.

Is to keep people from getting too worked -- activists moved -- to lower Manhattan on Saturday.

Marching from Washington Square Park.

The last -- base of operation Zuccotti Park.

-- remember the Occupy Movement launched a series of protests against that they see as economic inequality across the US and other countries last winter.

That protests did catch on but.

Die down.

Rather quickly after let's take a look at markets now starting the week off here in the US futures are down across the bulletin board Dow futures are down by 27.

The suvs down by about -- same goes for the NASDAQ.

In Europe stocks are also sort of searching for direction here they are down but off their worst levels of the day London's down by seventeen.

Paris and Frankfurt are both down a little more than -- It also looks like the World Trade Organization will soon have to play referee between the US and China.

The Obama administration is expected to announce today that its filing another WTO complaint.

Against China's subsidies and import restrictions on auto parts -- but US workers at a disadvantage.

The US filed a similar complaint in July over Beijing's import duties on US cars.

Meanwhile the WTO says China has filed its own dispute against the US to challenge duties on a range of goods.

Including papers steel tyres and wind towers.

Let's take a look now at what's moving markets with Chris beach a market analyst at IG markets in -- Chris you're talking about Spain earlier now despite the ECB's bond buying program now in place in the consensus among experts -- Country will need a bail out at some point it seems reluctant.

To ask for one just yet what impact if any does that delay have on the rest of the eurozone in general efforts to battle the debt crisis there.

Yeah hi -- I think he Trace them -- -- -- senate finance markets and never keen on.

And we just -- and work out when Spain -- request -- what impact they'll have on the government.

A Muslim austerity measures -- until we -- you know they're gonna be sort of -- complacency.

For as long as it's borrowing costs are in that State's territory does that any motivation to go ahead and -- for that bella.

When in the sense knows that it's of the panel for -- -- in markets -- despite his dutifully checking his feet who might sort of seen in charge of by some sort of pressure.

To Madrid to make sure it starts getting -- move on to help ease the crisis why are asking for rescue.

As shifting gears a little bit looking agrees kind of on the flip side Greece want to delay.

How much -- it has to reach its conditions in order to get.

It's next payment am wondering do you think Greece is done enough at this point to secure its next aid payment and what's your take.

On the the delay in reaching its conditions that Greece is asking for.

Quite a decrease of who has -- them Saudi problematic in their austerity measures Edison one issue that yet -- result but I think.

With the balance of power shifting -- Europe against the Jemison -- -- said he found it easier.

To Austin back today which means that they'd like to get some sort of an extension to their timings for the time being.

My mother asking for two years ministers attacked about two weeks both the how they've by the middle ground there that's -- you again from London thanks so much -- -- great patented.

Thank you.

Warren Buffett says he's completed his treatments for prostate cancer the Berkshire Hathaway CEO says he wrapped up its 44.

And final day of radiation treatments of the disclosing news -- speaking to a group of executives from the newspapers he owns.

After revealing that he had been diagnosed with prostate cancer in the spring.

At that time Buffett said the disease was detected early and was not life threatening.

The news raised questions though about how long -- keep running his company Buffett turned 822.

Weeks ago.

The activists investment -- starboard value disclose this morning that it has taken a more than 13% stake in Office Depot.

The fund says the office products retailer could improve profitability if -- -- just a few suggestions.

Star board has called for Office Depot to sell higher margin products.

And services as well as rein in expenses including advertising costs.

Here's a look at commodities now oil and gold are both down -- -- down by about 25 cents.

Gold is down by about forty trading at 1771.

Announced oil's around 99 dollars a barrel Imus in the morning continues right now on Fox Business.

Giving you the -- across.

Load More