coming up next, the fallout of the nasdaq from that recent flash freeze. our very own charlie grass plea know will bring -- gasparino will bring us exclusive details. >>> plus, we are counting down tomorrow's big jobs report from the labor department. what does it all mean for the fed? we'll be back in just a moment. ♪ ♪ ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ask me what it's like to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly recommended d in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying asleep. [announcer] tempur-pedic owners are more satisfied than owners of any traditional mattress brand. tem

the s&p is up almost a full percent now, 14 points, and the nasdaq, basically that is a 1% move to the upside, up 33 points. that's just one of the developing stories we're following right now. also on the agenda, key hearings on syria happening right now, and yet another trading glitch. tyler is out this week. simon is my partner down at the nyse. hi, simon. >> yes, sue. good afternoon to you. it's become apparent within the last 90 minutes that the electronics trading system here at the nyse is not talking to the server at the nasdaq that well at the moment, and in a moment mary thompson will join us for the nyse side of the debacle but first bertha coombs is live from the nasdaq. bertha. >> reporter: simon, this was a bit of a sort of son of the flash freeze that we saw back on august 22nd, the nasdaq saying that, its quote system, its ss.i.p., the system and data feed that gives out quotes, failed this morning at 11:35. they say the outage lasted six minutes and it was contained to a range of tickers. now, the nasdaq says that this time it appears the problem was a back end server

biggest losers in the nasdaq is barbie. s down 7% for the quarter, some weak earnings and concerns kids aren't playing with dolls and toys anymore. there is perhaps a turn-around for mattel coming up this holiday season. mattel has the most toys on the hottest toys for christmas list, so maybe that's going to help things out. i don't know about you, kelly, but i always loved my barbies so maybe kids will come back with them. >> i was never actually the biggest fan but i'm weird like that. sheila, thanks very much as we head into the important holiday season. >>> back to important news. just about ten minutes left to go before the closing bell. the dow is down 140 points. the s.e.c. reiterating it can stay open for a couple of weeks in the case of a shutdown tonight. >> fears of that shutdown certainly spooking investors, or is it just an excuse to take some profits? chad morganlander says today's selling is just the start of a correcting stage. that bears call when we come back on "the bell." s just that't you know "hidden t

markets to the upside right at get go, the nasdaq joined the party but lost steam around 1:45 p.m. ern time, right now down just about four points on nasdaq. this five-year anniversary of lehman brothers' bankruptcy sparking the worst of the financial crisis, today a party. let's talk about what is up today, allegheny technologies higher today after it agreed to sell tungsten materials unit. it is a very rare substance, it really only exists in a couple of areas, and so it is quite valuable. allegheny jumping nearly 9% today. it's a great day to be in the restaurant business. five be names reaching all-time highs including let's look at bob evans farms. starbucks hitting all-time highs along with domino's and buffalo wild wings, but look at starbucks. around the height of the financial crisis five years ago, you will see that starbucks was trading at around $8 a share. domino's was around $12 a share, up nearly 400% as we look today. and cracker barrel reaching record highs, 42 times so far this year alone. starbucks, for its part, has reached record highs 21 times this year. and sp

. >>> another snafu for the nasdaq, bertha coombs and the nasdaq's latest trading trouble. bertha without saying the acronyms can you explain what happened. >> reporter: one against, a problem with the feed that issues the nasdaq quotes, that gives you the prices on what nasdaq stocks are trading in. the nasdaq says it did have a system failure this morning that lasted six minutes between 11:35 and 11:41. they say the problem stemmed from a server failure, but they said the backup systems kicked in and were able to bring things back after about six minutes. of course, within the last two weeks we had the mother, i'm calling this one son of flash freeze, the mother of flash freeze, august 22nd saw the nasdaq flat line for three hours when they were unable to bring things back quickly because nobody knew how the system would fare once you brought everyone around. this time people could trade around. trading was not disrupted, but what's interesting, guys, is that the nyc arca says it lasted longer, and it was broader. you'll recall a couple of weeks ago the nasdaq had pointed

the nasdaq is trading higher today. up 13-plus points at 37.78 and the s&p 500 is also slightly higher for a moment with a gain of half a point at 1708. joining us in "closing bell exchange," jane from wells fargo, mike mcqueen from highsthig hightower and jeff fox, brand new finance editor, congratulations. >> thank you. >> and rick santelli. >> i know you don't let the macro stories get in the way too much, but you can't really ignore what the fed's doing these days, can you? >> no, you can't ignore it, bill. i think the hardest part is the market thought they knew what the expectation was from the fed. and now i'm not sure the market knows what to expect. >> so, what do you do? i mean, how do you make money in that kind of market climate, then? what do you tell your clients about investing? >> so, what we tell our clients is we focus on fundamentals within a company and look for stocks that have the opportunity to outperform kind of regardless of the macro. obviously, more positive macro environment will help all stoc

it is weighing on the nasdaq and sheila is following the big movers up town at the nasdaq.eila. >> hey there as you said it is all about apple at the nasdaq. that stock really the reason why we're seeing the index in the red today. you know what's interesting is that there is this one, two, three punch from apple. the disappointing iphone launch, the disappointing lack of a deal with china mobile but three analysts downgrades this morning causing the stock down more than 5%. here's what's interesting. this is a little bit what you and bob were talking about. as much as the talk is about apple today in the nasdaq if you take a look at the nasdaq winners year to date, don't forget the nasdaq hit that 13-year high yesterday, not names that you know of really, tesla, green mountain coffee, netflix, micron technologies, apple not in that mix, sue. >> thanks so much, sheila. >>> to the bond market where we had an a-plus auction today. on a day as rick santelli pointed out we had the largest corporate bond offering in history and with really decent yields. i'm not sure whether i'm

they -- the nasdaq has halted trading in options at this point. e working on president the guys at the post helpings us out with that. appreciate it. bob, i'll let you go so you can work on it and continue watching the markets. i'll send it up to you. >> thanks very much. another breaking story the news of this report at the united nations today regarding the syrian chemical weapons. our chief international correspondent michele caruso-cabrera can fill us in now. >> the report has come out and we've been able to pour through it. for the first time seeing photos of the rockets actually used. additionally the u.n. inspectors explained exactly the process they went through. they interviewed more than -- they examined more than 80 people, took blood tests and urine samples from 34 out of 36 people the vast majority came back tested positive for sarin. multiple surface-to-surface rockets which the vast majority tested positive for sarin and the report is filled with a lot of heartbreaking details such as interviewing a 17-year-old male, four of his seve

it only really matters to the nasdaq and the nasdaq is on about 14-year highs. so it really hasn't even affected the nasdaq. > > coming up later on the show, we're going to talk about that blockbuster bond sale by verizon. would you buy these bonds? > > yeah, i think verizon's solid. i mean, i like verizon's stock, i like their bonds, i like everything about them. i think they're very solid and i think it's a great investment for the average joe. > > anything else you'd buy right now? > > no. i'm looking at natural gas stocks, but really-- i really think it's time for investors to be neutral and on the sidelines as the market turns around-- waiting to hear ben bernanke and the fed have to say next week. > > thank you as always for your thoughts. > > thank you. delicate diplomacy. u.s. secretary of state john kerry is in geneva, switzerland today for talks with the foreign minister of russia on ways to resolve the syrian crisis.tuesday night when president obama spoke to the american people in prime time-- the president stressed he's willing to press forward with

one day after the fed notepaper surprise, look at the tech heavy nasdaq. the one holdup among the major indices just under six points after crossing the unchanged line from 28 times so far this trading session. let's talk about what is driving it to this 13 year high. apple is rising. whether you like the new system, still trying to figure it out, still can't get it to download, there is no denying the new system is different and it has been downloaded a heck of a lot. estimated 30% of all iphone and ipad owners have already downloaded it. i am happy to say i was successful thanks to my kids. it took a nine-year-old to help me do it. thank you, ladies and gentlemen. a 2% increase, but nonetheless a good move for apple at the moment, investors seem to like it. making the fashionable watches and clothing accessories. it designs and sells many believed to be innovative watches that are affordable. we see them move up $2.35 off of the highs of the session, still a 2% gain. quickly let's talk about commodities. the feds surprise decision having a definite impact

the nasdaq and the s&p 500, that follows some losses yesterday. oil prices falling amid concerns about the u.s. economy as well and falling demand. oil prices fell to more than 102 a barrel on the new york mercantile exchange yesterday. that's the lowest closing price since july 3. >>> time now 5:20.

the automakers, technology stocks are the leadership groups. nasdaq up 35. up 13.6, scott. >> and rates are at the highs of the day, too. because the auto sales numbers are good, maybe rates are moving up for the right reason. >> good news is good news. >> and the stock market is able to handle that, at least for today. >> yeah. >> so far. hey, a lot of time left. 30 minutes to go. >>> high tide is scaring away consumers. laundry detergent tide, that is. >> proctor & gamble has a plan. but will it stain the plan? courtney reagan is looking at the story. >> reporter: the great recession might have ruined some consumers' previous purchasing habits. proctor & gamble is hoping to capture shoppers that grab the lower-priced laundry detergents by introducing a midtiered detergent. they discussed the plans for tide simply clean and fresh, which it will sell at a price below its regular tide, considered a premium-priced product, but above the lower-priced competing deterg t detergents and like arm & hammer and purex. 41% of the households buy the lowest priced ones.

the day. off three quarters of a percent. s&p down.5%. nasdaq down. per value and hewlett-packard on the trading day. terra data up 2.5%. that will do it for us. >> that's right, sue. see you next week, everybody. thanks for watching. "street signs" begins right now. >> are stocks overvalued? the nasdaq is up about 20% this year and some billionaires are saying that bargains may be gone. we're going to dig in and we want to hear from you. tweet us what you think. the i-fans lining up for iphones. enough to ripen up shares of apple or is america suffering from smartphone burnout? are the dodos in d.c. bird brained enough to shut down the government? an interview you cannot miss. jane wells sitting down with software guru

. >> live from the nasdaq market site i'm melissa lee. here is tonight's line up. hedge fund big wig joins us with stock picks globally. multibillion dollar listing, the exchange war is on for twitter's ipo. and a stock that has more than doubled this year we're talking to the ceo of web md. our traders are tonight are steven, guy, and pete. resisting the rally. the ten year rally dropping back to its lowest level since august. >> we gave back that whole pop. you had positive headlines from lenar and kb homes and it was good for a quick fix. nothing stuck. i think you will see more selling. >> i think that is probably where you want to go in this environment. if you look at what the stock market is doing, the stock market in the short term is a voting mechanism and we're right in the middle of it. it's a dead heat right now. that's where the fight is. if we don't hold 1695 which was today's low, i think we go lower. if you look back over the last qe announcements you would see a decline over the next couple of months. >> it's too early to say it's over. i think we g

the the nasdaq has gotten bad press as you well know. a company is something it wants to show off. ringing the opening buzzer. they came over where they were the first russian company ever traded on the new york stock exchange. stock trivia. markets again doing very well. mostly on the news that marla was talking about. hewlett-packard has been kicked off, alcoa, aluminum and bank of america voted off the island to be replaced by san francisco's visa, nike and gold man sackings. the dow measures 30ps, most are on the exchange. other news, 10:00 a.m. our time for the apple announcement. you see live pictures from the cupertino headquarters where they will have the announcement. we expect two new iphones. we'll have full coverage. >> a lot of color in that gift wrap. maybe it's an indication. >> looks like that will happen. thank you, scott. well, right now we're getting a new look at plans for the largest office project proposed in san jose. a real estate firm wants to build a 2 million square foot complex along the area there by highway

california security firm fire i listing on the nasdaq today. their ipo price. the company and its ceo cashing in on the pandemic and cyberthreat, 1 of the most anticipated ideas joining us for the nasdaq on fox business. and the founder, thank you for being with us. the ceo, let's start with you. ten months ago, the rise in the stock price, $80 million in wealth, the value of your stick around $175 million. did you make the right move going to be the ceo less than a year ago? >> i think i did. it is a great market obviously and i am humbled by it but security is important as you know, i have a great founder along the way with great technologies so it is good to be where we are now. dennis: your wealth is up $200 million based on the rise in the stock price, the ipo fell four hundred million, of wealth creation. as the founder of the company did your bankers at goldman sacks, jpmorgan, did a air by pricing this puppy to goes up to 40, should be priced at 35 or 40, left money for your company? >> we think it was priced at the outset and tough to p

the nasdaq hitting a 13-year high. movables pandora, after a new ceo announcement and netflix hitting a record high. since then the stock has come back a little bit on some valuation concerns. speaking of concerns, there doesn't seem to be a whole lot of concern when it comes to the future of nasdaq ceo bob grifeld. "the wall street journal" reporting he has the full support of the board despite snafus and glitches we have seen this year. quiet day at the nasdaq but the index set to now have a third week of gains. sue, back to you. >> all right. sheila, thanks so much. to the bond market now and the interest rate scenario where rick santelli is tracking the action at the cme and not only the interest rates but also currencies this week have been actively traded. >> you know, they have. except for when it comes to the final closing bell and that's kind of the point. i'm going to show you three weekly charts and pay most attention to the scaling and also not so much to today's action because we haven't closed yet. these a

the dow down 93 points, down 6 on the nasdaq and 7 on the s&p.ction with bob pisani and kenny. there's talk in the market there will be a stop gap measure that will keep the government for an extra week. >> extend the pain. >> prolongs it. for what reason? ultimately we realize it's going to have to happen. they have to come up with a decision. why they are going to prolong it. do your job and get it done. it's not like they haven't known this day is coming frustrating to investors, port follow managers and the market. >> we're tired of becoming policy wonks on discussing washington politics. the dow moved up a little bit, put the s&p up. we blipped up a little bit because when that headline came out that perhaps they're discussing a one-week stop gap bill, market moved up a little bit. i want to put up the vix here and one thing that's interesting to note is that even before this, we're close to a government shutdown and the vix, put it up interday, the vix has been dropping all day because the market still is convinced this is somehow not going

it didn't really have a place in the freeze at nasdaq. e with the cboe. as a matter of fact, it isn't an issue. it's connectivity. but it raises a broader question, twofold. how can you tell me, look me in the eye, tell me hfte isn't a legal way to front-run other people's orders, a. b, is it using up all of the money that should be going into upgrades of exchanges to woo the customers, which is one of the best cash flow areas at this point as exchanges? >> well, i think a couple of things. one is the hfte genie has not gone back in the bottle. we all live with it. we all actually want it. and rather than to cboe example we had this morning, which was, in the end, a nonevent, i think for the general public, use airlines is the metaphor, and the bigger event that took place yesterday was united airlines. united airlines, in their booking service that you do online, gave away tickets for free. they put zero price in those things. and they have to eat that cost, by law, they have to eat that cost. and if they didn't, lots of consumers would b

jo white at the scc to discuss the nasdaq trading snafu. we commend mary jo white for bringing the exchanges together for a constructive discussion on ways to restore public confidence in the infrastructure of our national market system. we look forward to working together on the important initiatives that she has youth lined. basically, guys, i can tell you what happened. the sec, mary jo white, has given the exchanges a whole bunch of home work to do. they have to report back to her in 60 days. the basic idea is, guys, i want ideas from you on how we can strengthen the trading technology. everything that goes on in the plumbing behind here. make it more resilient. we'll see. we'll have the news in about 60 days. back to you. >> thanks so much. >>> joining us now for our closing bell exchange, amy wu are rbc capital markets. hennessy. bill mcvail. and our own rick santelli. good to see everybody. amy, let's kick this off with you. what are you seeing as we approach this final hour? >> well, hi, maria. i kind of agree with bob. i think we ne

connell: before that, though, some of the winners on the nasdaq. re. ♪ chats with mark zuckerberg and marissa meyer. >> to master the fire fight. >> call type in san francisco. connell: robert gray joins us right now. >> we are right here in the heart of the trendy sola district where a lot of companies are based, right next door to zynga and you mentioned innovators and entrepreneur is showing up the big thing tomorrow that they showed off today, we are joined by the founder and ceo, thanks for joining us, talk to us what it suggests, how do you create basically and relies for your devices, iphone or ipad? >> we have created the world's first smart phone breathalyzer. pretty simple, you go ahead and put the device as you can see into the audio jack of your smart phone. as you can see here is the start stream. it can identify the device has been plugged in, you plug or push the button to start the walmart process. >> how long does it take? >> 10 seconds on a warm-up. it is calibrating. and things like the ipad mini and danny android, the majority of

the nasdaq seen up by just 1.5 points. ter we ended in negative territory yesterday for u.s. stocks. the s&p endsing seven straight days of gains. it is now less than 2% away from an all-time high. but yesterday, we did see that drop partly because of the drop in precious metal prices and that dragged the mining shares lower. this is also what we saw happening in australia today. in european markets, we are slightly lower across the board. we are seeing percentage declines of around 0.3% across the board. so definitely some caution setting in ahead of the fomc meeting next week. and in terms of asian markets, we are seeing a bit of a pullback, as well, with the exception of the nikkei 225 which has finished just a touch higher. the bombay sensex reclaiming some of the lost ground, up by 0.2%. but remember, asian markets have seen an incredible rally, ten-day winning streak, the longest in six years. but we're now seeing a little bit of profit taking. this is what government bonds are doing. we are seeing prices down across

also, not a waste of time to look at the nasdaq. t earlier in the day, a 13-year high. the return on the nasdaq year-to-date, 23.5%, compares to just 18% for the s&p and 17% for the dow. >>> let's get back to headquarters. scott wapner and "the halftime." >>> carl, thanks. welcome to the "halftime" show. four hours until the close. let's take you to the wall. we have some work to do on the street today if we're going to keep this streak alive. there's the dow down 17. the s&p, nasdaq, also negative today. here's what we're following on "the half." face-lift. facebook gets a new all-time high, but what now for a stock up 90% in three months? debate it, with icahn loading up, in the big unveil, where do apple shares go from here? is 400 or 600 next? two trader guess toe-to-toe. >>> first, the top

the nasdaq is down almost 1.5 points. the s&p 500, is off almost 6 points. more on the trading action with mary thompson, on the nyse floor today. >> hey, sue. those concerns about washington, offsetting decent news on personal income and spending today. the markets lower throughout the session. note they have come off the lows, though, in recent trading now the dow is off just about 60 points. we have seen a little strengthening in the drug sector and oil services looking healthier with the banks than they were earlier today. let's take a look at dow movers today to the downside. weakness in big tech names and telecom names. verizon, cisco, ibm. nike, the new dow component is the biggest winner among the 30 after reporting those strong results. microsoft, getting a bid from the news that alan mulally the ceo of ford is reportedly the frontrunner for the ceo job. couple of other stocks, the stock of the day is jc penney. keeping watch on that. the share offering one which will increase the number of shares outstanding by about 38% and dilute its earnings by

connell: let's get to some winners we see on the nasdaq including apple. throughout history, folks have suffered from frequent heartburn. butetting heartburn and then treating day after y is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. the neck breaking news, nascar is still investigating on track shenanigans of last saturday's reese, final and will for the playoffs this sunday in chicago. michael walter of racing and three drivers have been penalized for intentional race manipulation, one of those drivers was dropped from the playoffs, del earnhardt jr. is in the chase and will be racing for championship this sunday. year-old through this town this weekend i asked his reaction to the punishments we have seen so far, if that will change anything. >> it is hard to say it because when you are in the heat of the battle and there is a lot on the line trying to make the championship and get a team into the championship and win a championship,

the head of the nasdaq. given what went down. we reported this in a story on foxbusiness.com. was well about the big battle between the nasdaq and the nyse over tech listings. the facebook debacle, when the system went down on the facebook ipo, that had a real impact. i was surprised. that had an impact a tech companies. you see a lot of them going because they're afraid of nasdaq issues. think this sort of compounds that. bob was going to have to make the case. in the can. it's just a time. we are all on computers. none of us a perfect. if you're going to judge us on perfection, their plenty. liz: i had something. the title was those who live in glass houses should not throw lose sales. everyone has technical difficulties. but the facebook issue is more damaging. >> i think yes. from a business standpoint, at least so far, based upon our reporting, a lot of tech firms decided facebook. as was going to go on. but for example, if we did not have the flash freeze it may have been a memory about the other one because people are starting to forget. facebook shares are up. liz: hit

the dow jones industrial average rose 0.89% to end the day at 15,326 and the nasdaq fell a tenth of a percent to 3,725. now, to see how stocks here are going to be affected, we go to ramine at the tokyo stock exchange. so, before we get to the stock opening levels, we've also just had some key data here. >> yes, indeed. and we had machinery orders for july and i can safely use the word, almost unchanged. now, that data is actually a very strong indicator for capital investment by japanese companies. we'll see how that filters through, but let's have a look at the opening levels and it's almost the same as how the u.s. markets closed. we're getting a mixeded open here with the nikkei higher. now, in the previous session on wednesday, the nikkei maintained the trend and as we've seen the dollar fall from yesterday's levels, we may see further selling in some exporters today as well. exporters had been driven higher when the dollar was around the mid hundred yen levels on wednesday, so some fluctuations there. now, apple as you mentioned, is a big focus. its shares slumped in the u.s. se

a plunge in apple shares dragged the nasdaq down yesterday and s&p 500 up. futures trading right mouse shows all three indexes next three here's a look at the closing numbers. the dow closed up 135 points. the nasdaq lost 5. and s&p gained five. opening bell today as 630. facebook ceo mark zuckerberg didn't really want to take his company public last year but he has changed his mind now that the internet social network stock is steadily rising zuckerberg says he believes the ipo stock completed 16 months ago turned facebook into a stronger company that it would have been had it remained private pre it sobered made his remarks last night, a few hours after facebook stock hit its highest price since the ipo. facebook shares closed at $45.50.05. state lawmakers are sending governor brown legislation that would expand california's prohibition against employers asking job candidates or employees for access to their social media accounts. the bill would add that public employees to the list of those barred from asking potential employees for their facebook, twitter

the dow jones industrial average rose more than a fifth of a% to 15,000529 and the nasdaq gained three quarters of a% to end at 3,745. the highest level this year. >> let's go to ramin. >> let's go straight to the opening levels, and have a look at where we stand today, september 18th, and both indexes well into the positive. 14,426 for the nikkei. and the topix over 14%. given the gains we've seen in the dow, the nasdaq investors are largely accepting that the federal reserve will begin to cut back on its $85 billion a month bond buy back program. given the overall tone of u.s. data, how will stocks react if the fed meets expectations, exceeds them or falls short? analysts i've spoken to say that markets seemed poised for further gains in the long term. here in japan, they're positives as well, the strong policies put forward by the prime minister. and also an overall weaker yen has helped exporters, and business sentiment and encouraging words for the bank of japan have also given positives and boosted sentiments overall. we'll see how the markets react following the fomc meeting. fo

they're all meeting, including the nyse, nasdaq, everyone, in washington. what i am hearing is the likely outcome is going to be a push to implement new software testing and regulation called reg sci here. believe it, the rules requiring testing implementation of new software are kind of soft. this reg sci would tighten them up, have standards for that. they're ready to go, just reviewing them right now. i think you'll see a comment tomorrow about hopefully getting real standard rules and regulations around testing. that will be the big thing. i think the s.e.c. will make some kind of statement tomorrow. hopefully it will include that. back to you. >> we'll look forward to that. joining us right now in our "closing bell" exchange, peter anderson from congress asset management, our own jeff cox and rick santelli. peter to you first, can this september run continue? it surprised a lot of people. does it keep going? >> it goes to show you there are no real rules in this stock market right now. i do think it can be on a roll. i think the most important thing we'

the nasdaq supported by apple losses down four points on the day to support a six-day winning streak. we will take all of this up in the money line tonight. but we begin with a speech that never should have been delivered. a speech president obama may well regret, confusing and at times incoherent effort to explain to the american people as ever-changing stance on attacks against syria. listen to this. president obama: i hhve resisted calls for mos military action because we cannot resolve someone else's civil war through force. the situation profoundly changed on october 31. when assad's government gassed to death over 1000 people. if we fail to act, the regime will seek no reason to stop using chemical weapons. i believe it was right in the threat to our security to take this debate to congress. i have therefore asked the leaders of congress to postpone a vote to authorize use of force. lou: minutes upon minutes of the president speaking directly to the american public it was a speech that ultimately raised more questions than it answered. we will lay it all out in moments and we wi

much like the nasdaq. nasdaq was up 1.3%. now is up just .3%. jor averages have pulled back from the intraday gains which was largest intraday gains for the all three indices in a month t was a big day. big day for apple too as we follow stories on apple. the first they have invitation that went out for september 10th. not sure what you're doing, folks, but this is the big day we find out more about the iphone 5. so unveiling new iphones. that will be a big thing. we heard wal-mart has begun discounting other iphones. we'll follow the apple story. back to you. ashley: good stuff, nicole. we'll be back with you at the bought hour. tracy: are you getting the new phone? ashley: no. in a word, no. i like the one i got. i don't have to keep upgrading it all the time. tracy: i'm so behind the eight ball on technology. on deck, home prices are jumping more than 12% in july from last year. corelogic put out this report and chief economist mark fleming from corelogic will tell us why mortgage rates are not a problem at least yet. ashley: not for now. we'l

a loss of 5% weighing heavily on the nasdaq composite. 13.3% of the nasdaq is weighted in that indexeavily. the dow and s&p are furnishin f. three of the biggest ones. a concern of the disparity between the 5s and the 5c is not enough to gain traction. what about china mobile? they clear the last hurdle to run the iphone on the china mobile network yet no deal was announced. that is one of the wildcards that still remains, why is everybody looking over there? i thought it would be soon. that seems to be one thing that is still a wildcard leaving questions for investors. back to you. liz: we have the shutter fly clo earlier on fox business exclusive, he said did you guys evedo a notice party announcemes yesterday was apple is getting rid of the eye card business which was meant to take on shutter fly business. that went away. this is a company transition. companies don't seem to like that. apple is a huge contributor to the s&p 500. seeing give or take two points. it would be the seventh consecutive gain for the s&p. 1686, that'll be the longest winning streak in two months. to see of

it ditched the nasdaq for the nyse. the nasdaq has intel, cisco, apple, microsoft, adobe. names like linkedin, pandora and yelp. but for twitte twitter this coue the new home. tracy: davis, would you be nervous going public? david: you have to be careful what you wish for. twitter might turn out to be as much of a disaster as facebook. they may go through that whole problem again about pricing. >> one disaster is all my gosh, ipo stock down, not up. the other disaster what i wanted to trade the stocks, i was unable to trade it at all. that figure is why they will not get twitter. charles: the new york stock exchange gets twitter, they will be happy like somebody hitting the lottery. you were able to other convocations later. mastectomy is a change in leadership. no doubt about it. somebody needs to sit down and say we might need a new guy. at the very top. this will be the final straw in my mind because nasdaq was synonymous with one thing, the hottest technology stocks always listed there. the new trend is disastrous for nasdaq. dennis: yet the technology of the ipo. char

we are managing to hang on to gain over here at the nasdaq. g a 13-year intraday high. in fact, 15 names have hit record high today. some big ones out there like tesla, amazon, facebook, and starbucks setting new records today. p about a dozen or so have hit their yearly highs. yahoo! texas instruments. still that outward momentum being felt begging the question, is it time for investors to take profits? well, a lot of people are considering it when you take a look at what's happening with valuations. consider this. facebook's forward pe right now is about 63 time. tesla's for example, is in the 100s because the company barely makes any money. average forward pe for the tech sector, only 17 times. so a lot of questions. a lot of pem scratching their head about valuations at this point. i want to quickly mention priceline because you guys talked about it before, kroing that $1,000 mark, retreating a bit today, but keep this in mind. ri priceline has the same market cap right around gm. >> thank you very much. >>> let's go to kayla tausche with b

the nasdaq almost went positive. was and finally take a look at how close we are to historic highs. 1% to the s&p 500. we're not far from historic highs. back to you. >> thank you so much. each year cantor fitzgerald donates 100% of global revenue earned on 9/11 to charity to commemorate the employees who lost their lives on that day. celebrities came out to do their party. mary thompson has been covering the event all day. tell us about it. >> it was a great day, maria. no firm lost more employees on 9/11 than cantor fitzgerald. as you mentioned, their charity day started as a way to raise money for victims' families. now it gives away money to over 100 charities. the firm gets some help generating commissions given away from a star-studded temporary workforce that today featured billy crystal. >> i'm on a hot streak. don't take so long to decide. just say yes. yes, we're good. boy, this is easy. >> also on hand actress bridgette moynahan. there were a number of olympians, brandi chastain, figure skater and mark spit

look at the unusual disparity between the nasdaq and the dow industrials. you rarely see an eight percentage point difference. that was quite noticeable. the transports did well. s&p 500 up 4.5%. what really suffered were interest rate sensitive sectors, as we saw rates move up. these stocks suffered. home construction down fractionally. dow utilities down and the real estate investment trust the big loser overall down 4.1%. as for the major sectors outside, airlines hit a six-year high and we had historic highs all throughout. biotech hit historic high this quarter, defense stocks hit historic highs and the retail sector also hit an historic high. i just want to update you on the s.e.c. comment i gave you earlier. several big ipos this week and i asked the s.e.c. is there going to be a problem getting them out. this is their response. the s.e.c. will be able to stay open in the event a funding lapse because we have carryover funds available, although it is not clear how many carryover funds they have or how long they can last at this point. for the moment,

sharon, thank you very much. >>> the nasdaq was positive. triple digit gain in the dow but see ma mowty is following the latest on blackberry for us as well. hi. >> that's right. blackberry shares higher, the report from london's sunday times indicates chairman of fairfax financial holdings is getting the support from canada's biggest pension fund, pension plan investment board closing in in on a rescue deal. wassa emerges as the leader of blackberry privates. have to keep an eye on his move. blackberry is said to be trying to wrap up this auction process by november. yahoo! up on a report that alley bab bra ba may try to list here than in japan. on-line travel is a bright spot. the analyst upgrading expedia to a buy. remember expedia saw a big drop in its stock after last quarters earning report. can it make a comeback? that's what the street wants to know. apple shares breaking $500 a share ahead of its anticipated event tomorrow. keep in mind the move we're seeing is feeling the nasdaq 100 to a 13-year high. sue? >> thank you very much. th

the nasdaq fell weighed down by apple after launching its new iphone. data today on unemployment and import prices, the dow jumping to 15,326, the nasdaq slipping 4 to 3725. and jpmorgan, the largest bank, is reportedly close to settling probes by u.s. regulators into credit card practices and earlier this year the california attorney general accused the bank of illegally signing documents or having employees sign off on cases without reviewing them. it is expected to be fined less than $80 million. a case that will finally be closed. >> thank you very much. >> the time 4:47. time again to check in with meteorologist christina loren to find out how nice it is. >> it really is. we hit that sweet stride so we're going to enjoy these comfortable conditions. at least for the next five to six days no major changes. 63 to kick off the day in conco concord. 64 in oak town, 64 in san jose and 64 in sunnyvale so almost uniform conditions. this afternoon temperatures are going to be comfortable. we're talking about another day of beautiful onshore flow. a lot of c

more speculation they will snub the nasdaq with the stock symbol twit. >> it used to be four letters nt nasdaq. three or less meant ncse. who cares what market twitter chooses. it doesn't matter that much to the average investor. they are just going to buy on their computer. it sure matters to the markets. the nasdaq has had a couple of big wins across the top. you see rocket fuel and fire eye opening. they both ipo'd to big bucks. linced in chose the new york stock exchange. part of the reason nasdaq is known for tech stocks, this is true, sorry, is that they had lower standards in the dotcom boom. >>> the chinese internet, ali baba, has reportedly ended talks with stock exchange in hong kong. jack ma, the head there. i didn't get a chance to talk about it yesterday. more good news from case shiler. they measure house prices. the moving monthly average of home prices jumped nearly 25% year over year. the average price, laura and marla, of a home sold is 25% higher this month where last month measured in one year previous. >>> want to move on and check the forecast with meteorologist,

this resurgence in activity has been a boom for the nyse and the nasdaq. articularly interested in where twitter, the social media company will list. given the glitch of facebook's ipo last year and the trading halls in late august of this year. now, i caught up with nasdaq's senior vice president and head of few listings bob mccuey, and he said it would be a big victory for the exchange. >> certainly twitter would be a big win for the nasdaq. twitter is a wonderful platform for the -- for ideas that flourish and for communication and we certainly think that they would be well suited to be part of the nasdaq family of companies. they certainly were and are a disrupter. >> when asked why twitter would benefit from listing on the nasdaq versus its competitor, he said twitter would be able to take advantage of nasdaq's solid foundation and technology and it would look to establish a relationship that could open the doors to future opportunities. >> it's talking about what we can do for them when the bell stops ringing. because when a company goes public, it's

the recent trading halt at the nasdaq along with the other outtages that we've seen, any chance that those are hacker testing what could wind up with a shock to the entire u.s. financial system? > > sure... we've seen even government and newspapers were slow to publicize attacks against them. one: they didn't know about it. two: they were embarrassed about it. three: they probably didn't have the data. so it wouldn't be a surprise to see stock exchanges, investment corporations basically suffer the same kinds of attacks. we need to get the agencies themselves to understand the problem better and be able to articulate it to the public in a more realistic and better fashion. > >kevin greers thank you for all that information and thank you for your time today > >thank you. coming up....for anyone turned off by a date who shows up driving a clunker -- bill moller explains why frugal is sexy. also-- $75 for parking? the economic realities for football fans. first business conintues after the break... alright here's the question: who is sexier? somebody with the expensive car, the 400 doll

the dow hitting all time highs, the nasdaq at a 13-year high. we good data on unemployment, existing home sales and manufacturing and in terms of the specific moves on the down, 147-point gain, the nasdaq adding 38. the news you can expect extra cash next year. a new survey finds employers plan to dole out raises average be about 3% in 2014, that matches average salary increases in the past two years. 4% of companies say they aren't planning to boost pay. top executives will receive the biggest bonuses equal to about 42% of their annual salary. >> always like to hear more money flowing. thank you. >> here is something if you get a chance look up as you head out the door. >> inspiring. >> it's still dark out, you might catch a glimpse of the harvest moon. it's the full moon that follows closest to the autumnal equinox, helping us ring in the start of fall which happens i think this weekend on sunday. >> i love that. >> i know. >> that's the move. 4:48. rob sin for christina telling us a cool start out there. >> it is feeling more like autumn or ea

then you've got these guys on the nasdaq. the guys from redwood city's rocket fuel up 2% again today after a big rise since their ipo thursday night. they got to open the nasdaq this morning. now, this is just a ceremony. it doesn't mean anything from a financial standpoint, but it's fun. shares of that company ipo'ed at $29, and now they're trading above $60. back to you. >> wow. huge jump. thanks. >>> a special night at at&t park with fans getting to raise money for injured giants fan brian stow. they take on the los angeles dodgers tonight, and fans who buy a special event ticket will receive a mystery giants gift bag. $10 from every special event ticket will go to the brian stowe fund. he is still recovering from that attack outside the stadium in 2011. >>> team oracle lives to race again today, and the longest ever america's cup final. race 17, and 18 are slaeted for today after oracle won his fifth consecutive race against new england yesterday. they both have eight wins. today's race would have been a winner takes all f

the nasdaq gained 3 points and the s&p fell 4-- gold and oil both pulled back. jp morgan's problems pile on. the bank is reportedly in talks with the justice department about a $3 billion dollar settlment deal -- but.. the goverment is said to be holding out for more money. jpm faces 6 cases of fraud. and mcdonald's cheif marketing officer will step down early next year... according to the chicago tribune. larry shover of sfg alternatives joins us now, and larry, what do you expect as far as buying and selling in the market today? > > well i think it's going to be more of the same. i mean-- the market-- even though we've had tight ranges, it's been very volatile and i think at the end of the day, traders right now tend to be apathetic, bored as opposed to being necessarily negative. so i think it's just more consolidation and digestion of what's happened over the last couple weeks. > > there's volatility in the market, and yet, the vix which measures anxiety in the market hasn't popped. in fact, it's been dropping. > > yeah that's a great point. it has dropped a

liz: the nasdaq. you are listed on the nasdaq. they have gotten beaten down. talking to switch board earlier. they said they would never look down on the nasdaq or having those problems because anyone in the silicon valley knows it happens. >> they are the high-tech exchange for silicon valley. they have been well known to be that. we have been thrilled to have them as a client, as well. liz: everyone uses jive. [laughter] >> it is the nature of cloud software. it is the nature of software in general. liz: is the twitter guys as to what should we do, would you say list on nasdaq? >> i would say every company is different. i have no regrets. liz: you are half armenian, half italian, grew up in cleveland. your first job, 16 years old, as a garbage collector. the hard work at like in america, do you think that has anything to do with where you are today? i wish i could say that when i was hanging on the back of a garbage truck that i would be standing here as a ceo of a company. i think it motivated me early on in my career. when i worked at intel, that motivated

the nasdaq meanwhile was held down by apple which fell 3%. gold was unchanged. oil sold off more than 2 dollars. regulators are set to fine j.p. morgan $700 million dollars over the london whale trading loss last year. triple aaa reports.. the nation has gone 1,000 days of gas prices above $3.00 per gallon. and at our last check 13 people are dead following yestrday's shooting spree in dc. >glen schultz of performance trust joins us on the show now and glenn has the bond market priced in fed tapering? > > absolutely, the bond market is priced in fed tapering. i think in the might of the bond market, tapering is all but certain. so the question really becomes how much or what degree does tapering will occur? right now people are probably pricing in something between a 15 to $20 billion reduction in the fed's purchase program. right now, the federal reserve is purchasing about $80 billion a month in assets. so we're really looking at something like a 25% reduction in the tapering program in terms of volume. so we will see what the said that the sabin the rates sett

the nasdaq gained 5 and the s&p fell 4.gold continues to gain momentum. yesterday-- futures rushed up $58. oil fell back abother $1.85.meanwhile-- mortgage rates tumble.now that the federal reserve plans to continue taking measures to stimulate the economy the 30 year fixed is averaging 4.5% the 15 year is 3.54%.and words of wisdom for wall street are coming from billionaire investor warren buffett and bank of america ceo brian moynihan.buffett tells cnbc fed chair ben bernanke did a terrific job during the financial crisis and should continue leading fed while moynihan says he sees little risk to the economy. scott shellady of trean kicks it off for us this morning. he has his eyes on the trading market. good morning to you scott. > >good morning. > >what do you suspect the friday trade will look like? it is an options expiration day. > >it's also a full moon i believe too so we've got a lot of things to worry about. but ultimately, what happened with the fed this week is going to power this market higher whether it's today or next week. there's a lot of

the dow jumped about 97 points, the nasdaq rose 36 on the strength of text stocks and s&p added 13 points. >>> now to break down the august sales figures for detroit's big three, general motor sales rose nearly 15%, that easily beat expectations. ford sales rose more than 12% from the same month last year, it's best august in seven years and chrysler had the best august in six years with sales up by 11.5% led by demand by the ram pickup trucks. with a closer look behind the numbers, we turn to phil la bow in chicago with more. hi, phil. >> hi, sue. three things were driving better than expected sales last month. let's start with the official number for august 16.09 million, that was the sales pace for the month of august. that is the strongest monthly auto sales since november of 2007. so we are in a territory that we haven't seen in six years. and one reason why is that auto sales last month were helped by a strong labor day weekend. those were actually lumped in with all of august, so that's why you had stronger than expected numbers in part. another reason, the people going into dealer