down 114 points on the dow. the s&p is down almost nine, and the nasdaq composite, ty, is almost off about 12.3. anadarko petroleum and sandisk with all the nice percentage gains. >> sue, thanks very much. that will do it for this edition of "power lunch." thanks for watchle. "street signs" begins right now. yes, america, stocks can actually go down. are they falling? we're going to -- whether they're really lower because of the gop shake-up or something else. how the grows crisis to slam e the. i am seeing also some, brian

that i have not seen in a long time. do you know what i'm talking about? a triple digit move on the dow. we're currently down about 117 points. this is after it closed yesterday at a fourth straight record high. there are a number of theories. to the degree that we have not seen in a while, but there is one contributing factor, that is iraq. this country is on the brink of a state of emergency, seizing control. we're going to have a lot more -- ahead in the show, brian. let's talk about the first part of the story now, if we can, and talk about how cantor's defeat is maybe impacting the markets. let us bring in michael farr and zach karabell. as a money manager, i understand the headlines are all stocks are down because of mancantor's def. what do you ascribe to the

market's decline today? so many serious stories. it's hard to figure out which ones will have greater gravitas. you better get further to the extreme and get away from the middle if you want to win elections. that's a very tough message for legislation that's pending on a lot of different issues. it's going to make for a very tough debt ceiling debate and battle so i think wall street sees a shake-up and wall street doesn't like these surprises. iraq is the next one looming, and it seems to be gaining in volume. so we have several concerns today. >> there are a number of concerns today. on that point about the potential for lack of compromise, some people saying maybe, zach, the potential for

another government shutdown with the cantor defeat. is it a possibility that the credit agency will not therefore restore the top rating for the united states? remember last friday, they said that make we could get that back if we continue to see better bipartisanship? washington? >> you're going to have days of sell-off that we'll ascribe a thesis to. on the s&p question, how much harm did it do to interest rates and the willingness of either american or foreign -- >> it didn't. it was kind of brushed off by the markets, right? >> right. so i'm not holding my breath about it will be so wonderful when the s&p restores the rating, because i'm not sure that anyone cares if they cut the rating. >> we need to clarify something you just said. are you suggesting to aural national internet global audience that stocks can go

down? we don't have to go higher every day? >> i know we're going to get a breaking news alert on the screen sometime in the next few minutes that -- to highlight that very point. >> but yes, indeed stocks can occasionally go down modestly. there will continue to be, as i'm sure there will be other breaking news, there will be issues that crop up, ukraine at the beginning of march, iraq is definitely a problem. afghanistan after the united states leaves northern pakistan. we won't live in a world without g geopolitical risks,. >> or a world without down days. we're not going to live without a world without down days. >> and they're healthy too, michael, sometimes, shocking as it may be. >> 45 basis points today, this is not a big deal, nor to me would 10% be a big deal. markets do down after a while. >> potentially what is it that could make us go down? >> more sellers than buyers. >> brian is a very smart boy to

throw that out. we've kind of like hit stall speed, haven't we? there's a lack of conviction, a lack of volume, marking time at the top here. and people have been saying there needs to be a strong catalyst either to the up side or the down side. if it's not iraq and what's going on there, if it's not cantor's defeat and the possibility for disruption in congress, what potential do you see out there that could make us convincingly go down? >> you know, there's a bearish argument out there that first i think hinges on inflation. pretty much even the fed has said that. when inflation takes hold, and it seems that everybody agrees, but we've all agreed for years, by the way, that when inflation inevitably shows its ugly head, that's going to cause the markets to pull back, but it just doesn't come. specifically the fed is looking for wage inflation, which i would view as a healthier sign, because it would mean more money getting into more hands to actually fuel some real demand. people can talk to us about profit margins being very high

and everything else, but basically it's not wildly expensive in my opinion, certainly isn't cheap, but we haven't had a correction in a couple years. >> let's wrap it up with going back to the beginning of interview and eric cantor. to mandy's point, maybe this will cause more division, more concern. however, there's another school of thought which goes like this. cantor, very conservative, seen as a roadblock to many things. now that he's gone, if we get a more moderate house majority leader, perhaps deals can be struck, we can feel a bit of that bipartisan love that we have not felt for a while, and that could be beneficial for the united states. is that a school of thought that you believe in? >> i think that the message to cantor. cantor had begun to move back to a more moderate position, and it seems they moved back to a more extreme position, sending a warning shot, to say you better stay on the extreme of our positions. >> but michael, that's one district of virginia.

trammell, if -- if trammell dr if brat wins, he's not going to be the majority leader, right? >> no, no, no. >> it's one district as well. >> zach? >> go ahead, zach. >> lindsey graham won his primary in south carolina, and he clearly has gone at least within the rubric of the republican party gone more to the center. >> ma that smells for the debt ceiling debate. if it's $3 billion it will be a lot easier to resolve. so i'm -- gaming out march of 2015230 the markets over the next several months is probably not a wise move. >> i think one of the greatest untold stories in washington has been the shall rimpgic deficit this year, $472 billion, 2.8% of gdp. i mean, the fiscal restraint has been having an effect. i would like no deficit.

>> i think everyone would like no deficit, but i think i would also like a lamborghini and a porsche. >> i can't believe you don't have them. [ laughter ] >> i have a scooter. thank you, guys. >> how about a tesla instead, which is a perfect sig way. it looks like the battle for the hold of the new battery plant for tesla is coming down to two cities, in many ways similar, but in also ways could not be more different. san antonio, texas, and reno, nevada. winning the contract would likely be a huge economic booth to either city. joining us now on the cnbc news like is mayor bob cashell. >> since i grew up in texas, ute to feel sorry for them, but we're going to beat them, and we need -- it's going to be great for our economy. and rick perry just needs to understand we're going to win. >> how are you going to win?

what are you going to offer tesla to bring the battery plant to reno? >> well, our governor has already been meeting with them, and we've got meeting with their staffs, and coming up with different programs so that we can help them with taxes and everything. texas will be a damn strong competitor, don't misunderstand me. >> are you annoyed with elon musk of tesla, though, in that he's dragging it out a bit. he's not going to announce the winner of the site until the end of the year, yet he has you all dancing around. at the end of the day he gets great pr, and it kind of sucks for you, doesn't it? >> i would rather him be straight out and say we're coming or not, and here's what we need to do to get it, but that's his part of negotiations, and somebody asked me if i would give up my car to get a tesla. i said bring tesla, and i'll go buy me a tesla. >> what would it do for your

economy if you win? >> oh, it's just going to be real big. it's going to create jobs, capital investments, other companies moving here, diversification, increased tax base. it will do all those types of things. mayor while we have you on the phone, the biggest little city in the world, reno, nevada. tell us how things are going. is reno, nevada economically, tourism, hotels, gambling, better than it was a year or two years ago? >> it's up some, but it's not up to where it used to be. it has bounced back, and is coming along real well. we're real pleased ourselves, and sales tax, our property taxes are going up, home sales are going up, and the gaming industry is starting to rebound, so we're real pleased with what's happening. >> you know, my dear departed grandparents used to run a hotel in fallon, nevada, and really

was viewed as a one-trick pony town, gambling. is this your effort to start to diversify an economy which for decades has relied really on one thing, as we saw in the financial crisis, to the risk of a major downturn? >> and we have started diversifying. you've got microsoft here now with a couple -- about 300 employees. you've got amazon. you've got a lot of company also like that moving to reno, and it's really helping our bay. >> mayor bock cashell position thank you for joining us. we did reach out to the mayor of san antonio, but his office declined our invitation. tens of thousands of workers are now out on the streets snarling traffic, protesting one of the world's fastest growing technology companies. we're going to tell you which company and why they're protesting. and wait until you see the videos. "street signs" will be right back.

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the dow is off 116 points, 16,829, still just fast-breakal. they're gaining. the worth performers today is boeing.

traffic literally snarled today from london to berlin as cab and limo drivers stage anti-uber protests. >> ahead, mandy, all across europe, cab drivers are protesting, so central london at a standstill in the middle of the afternoon, buckingham palace, trafalgar square, no moving in, regulated cab drivers who pay $270,000 for a licensed, say uber skirts rules regarding taxi fare meters. uber says it follows all relevant law, and the publicity is helping business. uber says signups are up 850% just in the past week.

over in france, hundreds of taxi drivers converged on paris's two main airports and uber responded by announcing a 50% discount for rides today in paris and there were protests if spain and uber is not even available there, and it's not just europe, either. and yesterday hundreds of taxi cap drivers protested in los angeles, as well. mandy, back to you. >> i feel really sorry for these cab and limo drivers. when you think about it, i'm not entirely sure of the economics here, but i did hear that if you drive for uber, you pay about 20% to the company company whereas if you drive a taxicab here in new york city, you pay over $100 a day, you have to pay for your gas, et cetera. you can really see why they're worried about this. >> exactly. when you do, you look at that, it's higher expenses for a yellow cabdriver in new york

city, for example, and the fares especially to the airport with a flat fee, the fares are actually lower. >> thanks very much, morgan. we'll continue following the story. let's get to dominic chu with a market flash units check out what's happening with target. the company issic inning the quarterly different by 52 cents a share. that yield will be just around 3.7%. just about flat on the day, and stay tuned to cnbc, because our very own courtney reagan is at that target meeting. she'll have more details about target and the rust of the story. back over to you. >> she will indeed. thank you very much. the situation in iraq is rapidly deteriorating. we'll have the impact on the on the ground and the impact of your money ahead. and something that may change forever how cars are made. you will want to see this, not only because the car is amazing, but how it was made is even more amazing. stick around.

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all day steve liesman has been bringing you the lowdown from his inclusive economic survey. one reason we like steve so much on this show is he always saves something special for you. steve is here and apparently focusing on two big topics in

the news lately, minimum wage and health care. >> brian, thank very much. our all-america economic survey, 800 americans across the country, want to bring you the political slice. this is not good news, at least the first part. take a look at what's happening to opinions on obamacare. really no change, very little increase, four points better, positive when it comes to views on obamacare and the negative ones also went up by three points here. what's interesting, you want to look at this chart here. look at the blue, because this is very positive or very negative. what you see here is that the level of intensity on the snelling tiff side is much higher than the level of intensity on the positive side. people who don't like obamacare really don't like obamacare, more people signing up, the news of that, and the fact that it's actually in place has not changed that very much at all. i want to show you the political

dynamic inside that. here's the bottom line. the positivity of the democrats, not enough to offset the serious negativity of the republicans and of the independents. you don't get majority support for an issue in this country when independentic look more like the republicans on that issue than the democrats. now, the minimum wage, take a look here. they have pretty much head that increase from december to june by quite a bit. take a look in favor here, what's interesting here, again, we look at the blue, which is the intensity of the support, those who strongly support it. that went up from december to june and held on to what is a ten-point bump right there. so the minimum wage, which the president has not been able to pass or even get a proposal through congress at all on, doing well, but health care not doing well at all.

one more thing we want to show you, what is the most important job for washington here? equal bay 31%, increasing the minimum wage, 27%. lowers corporate taxes, i know a favorite of a lot of viewers, a lot of folks garners support for only 17%. brian, you can read all about this on cnbc.com. in the 4:00 hour, we will take about how the more americans know about the gm recall, the less they like what they hear, mand,? happening now, target investors are gathered in dallas for the company's first annual shareholder meeting since that massive data breach late last year. let's get straight to courtney reagan. >> it's the failed expanse so far in canada, the lackluster results in the u.s., no shortage of issues for the shareholders to discuss in the meeting that begins in just five minutes. they will be electing the board members, also voting on

executive compensation and the potential to require a separation from the ceo and chairman. >> for basically neglect, failing to -- proxy adviser glass lewis and company doesn't think there's enough evidence to cite negligence. it's not expected they will actually be owed from positions, but we expecting some preliminary results. so that's some -- they expect about 100 shareholders to show up. we've seen only a handful so far. brian and mandy, back to you.

>> courtney, thanks very much. all month long we've been asking the "shark tank" sharks about their best investment, and fashiand this response may surprise you. >> the best investment i made was boneless ribs. >> i felt like i was going to pass out. >> i thought my legs were going to give out. this is from a guy who played in the national football league on monday nights, sundays, thanksgiving day. it was nfl highlight times ten. >> lori greiner was the target. when we found out that lori was not even going to be on stage, it was barbara corcoran, devastated. >> i'm al "bubba" baker, i'm

seeking $300,000 in exchange for 15% equity in my company. it's not pieces of meat formed into the shape of a rib, if you know what i mean. >> you tell it, bubba. tiismts this tiismts. >> this is absolutely delicious. >> why couldn't i just do the same thing? >> right here is the patent for the process. >> $300,000 for 49%. that's the deal. >> that idea is so brilliant, i'll do the exact same deal, but only 30%. >> this savages his deal is horrible. >> no one has ever done a deal like this. >> i think i'm going to take dan's deal. >> i was happy that al invested in me as well, you know, because being part of an entrepreneur's

dream, it's an investment for them as well. >> i felt as if i had just won the super bowl. >> the great thing working with al, we started making money right out of the gate. >> before "shark tank" we had about $15,000 total in online sales. three months later, sales were upwards of $400,000 and climbing. so we could day daymond john made a difference. i'm excited for al, but now i'm excited for myself. i think al and britney will have an amazing company. i think this is going to be a household name. well, come outside the tank with us all month long right here on "street signs." meantime, fake knees oil and beer version of, including a stock that morgan stanley loves. plus one analyst putting a

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time for "street talk" our daily rundown of recommendations. >> argus noting striae kerr citing growth. the stock, what, 85? generously. so you can see a lot of up side on striae kerr by argus. the stock has already had a good five months. >> on tap with tap. molson coors. >> they see the likelihood that they'll return more cash to their investors and raised the target on t.a.p., an appropriate ticker. this stock, mandy is already up

75% over the last two years, a heck of a run. also your third "street talk" names, also micron. >> the firm bumping the price target on m.u., my chron, the stock is 31 and change. they had to do something, right? credit suisse also reiterating their outperform, based on strong demand from the consumer and enterprise size. this has been a huge winner, up 130%. to be numb 4 is conoco phillips to outperform from sector perform. >> not a big sell side firm, either. either way, the firm noting that they'll continue to execute the strategy. just over 10% up side. another winning stock over the past 12 months. >>ened the radar name is albany molecular research, a drug discovery company based in albany, and they do what? >> molecular research.

morgan stanley increasing their target to 21 bucks, the firm saying it has increased confidence, it looks -- not only does it have a buy, but one of their favorite stock picks out there. amri, our under the radar name of the day. from street talk to talking numbers. today it is amazon, the stock moving higher after being added to goldman sachs' conviction buy list, separately the company making headlines for halting pre-orders on time warner's lego movie and other time warner movies. articlist, i'm going to start with you. i'm not sure this has been a stock that's been bought for fundamentals for the past, you know, decade. how is the technicals looking on amazon.com? >> technicals say do not chase this strength. stocks up about 17% over the last month. i think it's due for a pullback, because it is rallying to this

very important level at $340. this 340 level is the neckline of the prior top. when i saw the neckline, that means it was prior support. we broke below that support. now that 340 will act as resistance, the 200-day moving average is also there. the down side, that low of 280, very important level, a lot of support there. i don't think we break below there. i don't know if we get all the way back down there. i would be looking to buy it around 315 if it becomes a buy again. >> 315 is the guy signal for you. what about the fundamentals for amazon, steve cortes? >> i concurring with ari. i will tell you that not only is this stock on goldman's conviction buy list, but on the cortes family conviction buy list, according to my wife and kids. we buy something i think from amazon every single day, if it's something digitally or a package arriving at our home. i think jeff bezos is a visionary leader, but tactically i agree with ari, you've had a

20% rally in just a matter of weeks off the may lows. is this a spot to get in i don't think so. fundamentally, it is an incredibly overpriced company still. you're still pays a triple-digit price to earns ratio, looking into forward earnings, even though i do love the company and though i spent far more than i'd like to on the products, i don't think buys a stock here makes sense. >> there's always a big pyramid of empty cardboard boxes outside our house. >> i'm sure the local mom and pop retailers are slaving away -- >> a target on my forehead. >> shop locally, america. help out the local shopkeeper. >> be sure to check out the online edition of "talking numbers". well, b. riley analyst scott tyumen out with a bold call. he is putting a zero price

target on the stock. joining us is scott. basically you're saying this is going out of business? >> i am, first off, thanks for having me, one of the benefits is obtaining objectivity. we look at the various fundamentals, the k4578enings that are facing the company, and look at what they're trying to do to turn this around. we think that the down side is probably to zero. it doesn't look lie the company will be able to make it out alive. >> do you see the company continuing as a going concerned, or to mandy's point and just restructuring the equity down to zero, or going away? >> i think the key question today is what type of support the company receives from vendors. ultimately that will seal the fate. if we look back at the circuit city bankruptcy in 2008, lully it was the venters that chose their fate. if we see similar trends over

the next key selling season, that ultimately the going concern i think becomes moot. the company will really have to fight to maintain any relevancy and rework its business model just to stay afloat, even with a much smaller store bay. >> do you think the business model of brick and mortar, because it's also had a pretty tough time in terms of share price. do you think it's incredibly difficult business to be in, fundamentally, do you think this is no longer a possibility for it? >> was it amazon? >> yeah, exactly. >> i'll say i'm unique. i cover amazon, best buy, radio shack and others. what we find, there are select products that really do well online. if you look at the long tail accessory market, that's one where they have done well, but it you look at the core hardware, people want to see, feel and tough the products. with the price transparency so increased over the last five

years, that really means the brick and mortar players have had the playing field levels. so i think the model continues the square footage needs have definitely been diminished, we are shifted store capabilities. we have the ability to use the store as much more of ha a hub and use smaller footprints, you know, that has changed considerably, but i think there's relevancy to be had. >> scott, before we let you go, very quickly, any chance a white knight comes out here? do they have any value at all in the realty estate portfolio? >> the, it probably would have had made sense twoiers when they had more cash on the balance sheet. >> we've got to leave it there, scott. so it's down about 90% over the past five years. it's sad, you know, it's people's livelihoods, right? the shocking upset of eric cantor is a huge story. coming up on "closing bell",

kelly will be joined by none other than larry kudlow and barney frank, a twofer. will you get a word in? >> hello. we've been talking about virginia all week, but never expected something like this to come out of our home state. now everybody is trying to figure out what happened to the seventh district and for the mid terms that are looming, even for the presidential elections. one of our viewers said, after hearing from dave brat call into "squawk on the street", he said he thought it sounded like a young larry kudlow. >> i don't know if you talked to your folks. i called my dad, he's not in the 7th district, but was keenly watching this. he sort of said, i kind of anticipated it. >> you were -- used dad anticipated this. >> they were tired of eric cantor at new york city steakhouses not in the district. >>, they were writing last month this could happen, about you for

most people you could tell how much of a surprise it was, when i turned on the news, most people were still trying to mobilize resources to cover the story. >> that's a margin of 34%. >> that was the mcloughlin group. people pointed out this morning if you thought internal polls was reliability before, you definitely shouldn't think so now, i'm amazed that more people weren't on to this, it bhg a relatively big surprise. who thought we could still get away with that at this early juncture. >> kelly, it will be an interesting segment. thank you. we'll look forward to it. >> you know the most important hour of the trading day? i want i am told that. i always thought we were the most important hour. >> we're the most fun. >> whoo! most humorous hour of the trading day. take that.

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welcome back everybody. eric cantor will have a live conference at 4:30 eastern time and "closing bell" will take it live. but in the meantime we do want to show you which international stock markets have been performing the very best this year so far. number one is argentina, up a very nice 51%. this may be a surprise, but ukraine here is number two, followed by egypt, india, of course. and everybody liking that, then we have turkey, but brian, this is an interesting thing. we do need to say despite the fab it's one of the best performing, in terms of how the turkish market performed today,

down 3.25%. iraq was seized by militants. part of a flare-up and there's a possibility that turkey could be dragged into all of this. militants are now getting closer to baghdad. nbc reporting as many as 500,000 are fleeing their homes. joining us now is cnbc contributor john kilgore. in that region of iraq, you have oil fields, but one of the most important pipelines that runs from mosul to turkey. it's been out-of-mission for a couple months. people are blowing it automatic pretty much, but people are saying this now prevents it from going back online. >> it's foreign companies trying to get it up to speed, trying to

enlarge it, because iraq has had a great of success, so they're not going to go and risk thafr personnel. they've taken over the embassy as you just mentioned, so bp will not have boots on the ground, for example, and risk them in this complicate. >> aside from the pipeline, and this pipeline is very, very important, how important is that region? i know most 6 the production remains in the south. during the. >> it's gone to 3.3 million right now. that's why the oil market is taking this? stride for now. >> for now. if there was an iraqi oil taken out of the system, is there any particular nation that could give the extra capacity to support the oil market? >> only saudi arabia, and i'm only going to say about a

million or so barrels a day. they're probably about 10 million a day. all of opec, even with the libyan outages and iran outages, because of the sanctions, still pumping about 30 million barrels a day. we seem to need every one of those barrels, especially when you look at china upping the reserve by 600,000 barrels a day. >> quantifying, maybe a $5 to $10 premium here, if they have in problems? >> any credible threat to the southern production or the big refinery that's hanging in the balance, $5 to $10. >> or even $5 in california. >> easily, brian. >> thank you. a supreme court case striking down teacher tenure could have an economic impact on education all across the country. also could be a jut in the for-profit educational sector. plus a really awesome car. guess what? it wasn't made on the assembly line. just wait until you see it.

the performance review. that corporate trial by fire when every slacker gets his due. and yet, there's someone around the office who hasn't had a performance review in a while. someone whose poor performance is slowing down the entire organization. i'm looking at you phone company dsl. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. in a first of its kind ruling a judge ruled california tenure laws are unconstitutional. is this a good decision or a rush to judgment?

let bring in the executive counsel for american federation for children and the president of the california federation of teachers. josh yeah, i want to get to you, first of all, because this is seen as a big blow to the teachers unions. you have been powerful, and you're normally on sympathetic turf so how will you responding to this? >> well, we're very disappointed in the court ruling. i think it's a bad day for our members, for teachers, but, frankly, it's a sadder day for kids and public education in general because the -- the rights that give teachers the ability to teach unencumbered by changing political winds, by nepotism, by favoritism, those rights make it possible for teachers to do the very best job they can in the classroom. the court didn't understand this, and so we have a -- have a job to do to educate both the court and the public. >> josh yeah, just very quickly. are you appealing?

>> yes. we will be appealing. >> kevin, how is this good for kids? >> well, it's great for kids. i can't believe what i just heard. listen, if you listen to what court said, the evidence is compelling. it shocks the conscious. a significant number of grossly ineffective teachers that allow them to stay on the payroll. it applied common sense knowledge to what we know happens every day in some of these schools. the fact of the matter is that this is a good ruling not only for parents and students, it's a great ruling for good teachers because the good teachers are the ones that are impacted by the fact that so many bad teachers are able to stay on the payro payroll, even when everyone knows they are bad and the kids suffer as a result. >> josh, what is your response to what kevin is saying, that this ruling will change schools for the better and benefit the students? >> i think that's just patently ridiculous. those of you who have spent a lifetime in the classroom, i'm a teacher of more than 20 years in

a high school in los angeles, inner city high school. i have firsthand experience both with teachers who are and are not doing the job. we need to move teachers who are not doing their job out of the classroom and blow up the education code because we have teachers who are not doing a good job. every child has a right to a quality public education, but blowing up the education code is not are an avenue for ensuring quality public education, and if that were the case, then those states that don't have seniority and do you process rights would be models of academic excellence, but in fact we know that's not the case. >> a lot of -- josh, there are a lot of good teachers out there. i went to l.a. public schools myself, but if you wanted to fire a bad teacher, could you? >> yes. >> what's the process? how long would it take to fire a bad teacher? >> well, it depends. many teachers leave, once they know the district is going to move to dismiss them, so the

number of teachers who are dismissed are a bit deceiving. teachers leave all the time and the teacher unions in california have actually supported legislation to expedite the process for removing incompetent teachers. we get that there needs to be changes, but blowing up the education code to deal with a handful of struggling teachers is not an avenue for reforming public education. we should be working to raise up teachers, making sure that teachers get the kind of mentoring and help they need to improve their practice. we've supported that. >> sorry, we've got to leave it there. job, kevin, thank you very much. >> thank you very much. >> okay. we're going toned the show with a very cool note. talked about a lot of very serious things over the last 20 minutes. we'll end the show as "street signs" only does with something so cool that it may simply change your life. that's not true, but it may give you >> it's a good tease.

i'll stick around for something that will change my life. >> you're going to see a really cool car coming up. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york.

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let's end on something cool. you can print a lot of stuff using a 3-d printer. did you know you can now print cars? here's jay rogers and his 3-d printed rally fighter which looks like something combination from the baja 1,000 and the

video game halo. i assume you did not print the engine. >> you are correct, we did not print the engine. >> found a way to print the car. >> what is it about 3-d printing. >> it's really more than a car company. we make cars and motorcycles and toys and none of those in specific. we're really the world's leading open source hardware company and cars were our first vertical and you're right. you can use additive manufacturing for so many things that can change the world and we just started in vehicles because if you can make a car you can build number anything. >> are you building the fine looking beast because just as a demonstration of what's possible or is this a real production car that a relatively well-known television personality can take

a spin. >> i'll give you a ride, you and mandy, any time. we put 100 of these cars on the road all over the world and it was a first forray into 3-d printing parts of a vehicle this. fall at the international manufacturing and technology show in chicago we'll 3-d print an entire vehicle, chassis, body, everything from the ground up. this is really the first test to sell around the world. >> to what degree are traditional car companies getting on board with 3-d printing of car parts and what might be implications in terms of implications in terms of pricing for a consumer of a 3-d printed car or certain components that are 3-d printed? does it make it cheaper? >> what it does is a lot of things that are beneficial to the car industry. it makes it lighter and safer and less expensive and easier to build which means that you can put less money into each model and get new things out on the road faster. there's so many things that it does and it's so valuable not only to cars but we found ourselves not working with ge to

work to power their appliance business in product development so we can take what we've learned in doing things in cars and motorcycles and bikes and move on into appliances. >> really cool. my co-host lives in manhattan and i think the bravado might be more her style. let's hope she won't find out what that is. >> what is that? >> it's their -- >> "closing bell" is next. >> the tricycle that they make. >> thanks for watching. >> welcome to "closing bell," everybody. i'm kelly evans down here at the new york stock exchange. >> i'm swop her in for bill griffith and wener in the final hour of a rare bad day for stocks on news dealing with worries about the economy here and abroad and not as strong as many had led to us believe. maybe it's the world bank talking about growth. maybe it's a little