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Stocks Rise on Optimism Over Fiscal Cliff Negotiations
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FBN's Lori Rothman breaks down late-morning market news.
- Duration 0:53
- Date Nov 19, 2012
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FBN's Lori Rothman breaks down late-morning market news.
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-- -- -- Street stocks -- in the green today with the -- already seeing triple digit gains investors are optimistic.
Lawmakers will continue making progress on budget negotiations.
Meanwhile US companies are scaling back investment plans at the fastest pace since the recession.
Board Wall Street Journal half of the nation's forty biggest publicly traded corporation's plan to cut capital spending companies are concerned.
The economy will fall into another recession if a deal cannot be reached.
To avoid the fiscal -- Retailers -- -- seen a huge windfall this Cyber Monday when Adobe Systems online shopping forecast.
Online sales -- reach two billion dollars and 18%.
Jump from that time last year.
Adobe also predicting 21% of total online sales will be made from mobile devices.
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