Video: Maria Bartiromo's Market Message
Melissa Lee sits in for Maria Bartiromo, discussing Thursday's top business and financial stories -- and looking ahead to Friday's events.
Topics discussed in video, above:
Crude oil prices and trends. Oil climbed $2.29 to end at $108 on the Nymex on hopes the bailout plan will pass.
-- General Electric (parent of CNBC) lowered its third-quarter and full-year earnings outlook.
- GE CEO Jeffrey Immelt said GE and its GE Capital business are well-positioned to deal with the challenging environment.
-- Jobless claims rose last week. Durable goods orders fell. New home sales dropped 11-1/2 percent in August, making sales the slowest in 16 years.
-- Delta Air Lines and Northwest Airlines shareholders OK merger plans. The proposed move still requires regulatory approval.
-- Friday's earnings reports:
- American Greetings
- KB Home
- Jabil Circuit