i'm bill griffeth in tonight for tyler mathisen. after a strong 2015 for stocks began with a whimper after ended first trading day of the year. mixed and little change. after an early rally was wiped out by data showing in manufacturing and construction. first closing bell of the year with dow up triple digits on the opening but ended about 10 points higher when all was said and done. nasdaq down by 9 poibts and s&p lower by a fraction of a point, first time since 2008 the s&p 500 fell on the first day of the new year and the last day of the prior year. meanwhile, oil prices continue to slide lower. domestic crude fell 58 cents to close $52.69 a barrel. brent north c and london closing at $56.42. by the way, the u.s. dollar index was nearly a full percentage point higher today, that is now at an 11.5 year high. more on today's disappointing economic data that shows the u.s. manufacturing sector pulled back last month to the slowest pace in six months. construction spending dipped in november on fewer new projects from the federal go

. >> i'm bill griffeth in tonight for tyler mathisen. once again, no champagne rally on wall street today. all the major averages sold off on the last trading day of the year but it was another banner year for stocks. the blue chip index managed to record its sixth consecutive year of gains despite falling in today's final session of the year. the dow jones industrial average tacked on 38 record closes this year. the s&p 500 posted 54 new highs. help improving economy and accommodative federal reserve. last day of 2014 here's how the major averages close. dow falling 160 points. nasdaq down 41 and s&p falling 21 points. >> here's the good news why investors are celebrating today. the yearly performance of the major stock market averages were amazing. blue chip rose 7.5%. nasdaq up 13% and s&p gained 11%. its third straight year of gains. as for many predicted yields rise this year but the ten year yield finished at 2.17%. that's the biggest yearly drop since 2011. while utilities and health care were the top performing sectors, the best

i'm bill griffeth. thanks for watching. see yo >> this is bbc world news. >> funding of this presentation is made possible by the freeman foundation. the newman zone foundation, -- newman's own foundation, giving all profits to charity and pursuing the common good. kovler foundation. and, mufgg. >> the oldest trees they are the sweetest fruit. we

i'm bill griffeth. tyler and sue are off tonight. ibm with better than expected earnings with a fast growing cloud computing business and security software and despite decreasing demand for its servers and storage products, here are the numbers that came out. adjusted earnings $5.70 a share, topping analysts forecast by 7 cents and fell from a year ago to $24 billion. that just missed wall street forecast. shares initially higher in late trade on the news but then turned negative on weaker than expected forecast guidance for the full year. bertha coombs joins us from the nasdaq with one big takeaway from ibm's report. >> reporter: bill the big takeaway that ibm getting smaller. the company went from over a billion shares at the end of 2013 and as of december 31st they had 991 million shares. people said as their year over year revenues declined for seven straight quarters over the watch right now, the thing that's helped them on the bottom line is the share buyback and share reduction. some people call it financial engineering but to

i'm bill griffeth. hey, kayla. >> hey bill. i'm kayla tausche in for kelly evans. triple digit gain early on in the session evaporating after we got some nasty data out of factory orders and construction spnd spending weaker than expected. as we saw volatile day for oil, bill, as well. >> one of the days where bad news was bad news. you could have argued once an upon you could have said bad news would mean that the fed would delay raising interest rates and the market rally on that. that didn't happen today. and you wonder if that's the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. >> volatility bill seems to be here to stay. >> yes, ma'am. it is. we'll talk about that. the volatility index is moving up as well today. there's the dow up 120 as kayla was mentioning. down about 99 points at the apex of the day. the low of the day. now down 30 into the final hour of trading and the volatility index. made a liar out of me. down to 1831 and rather elevated level when you consider the rest of the market has been doin

i'm bill griffeth. hey, kayla. >> hey bill. i'm kayla tausche in for kelly evans. triple digit gain early on in the session evaporating after we got some nasty data out of factory orders and construction spnd spen

i'm kelly evans with bill griffeth. hello there. >> happy new year. >> not a happy day on the stock market. the dow off 350. >> started this morning, european markets with a big hit. concerns of greece. the german market down about 3%. oil dipping below $50. that's been a bad thing for equities today. so sort of aou

. >> i'm bill griffeth. market volatility and a bloody resolution to the manhunt in france.ng things out in and around paris and northeast of paris. with the hostages and the hostage takers. but it was -- and, you know, to some degree this dide

. >> i'm bill griffeth. and then there's snowmageddon.ons spent on a storm that was largely a bust for those in manhattan part of new york city and parts west. those of you in long island and connecticut and eastern massachusetts and rhode island, you got hit as was predicted but those of us in parts west preparing for all of that was a huge displa

i'm bill griffeth in

. >> i'm bill griffeth.g nearly 500 points on monday and tuesday we get a bounce in the u.s. markets, not only for equities but oil, wti bounced a little bit today. >> a couple of factors contributing to the rebound in the market today. >> minutes were what we would expect but you had decent jobs number this morning from the adp. and the retail sales, some of them pretty

. >> i suspect -- i'm bill griffeth, by the way. i suspect that that picture, that's times square.50, 60 blocks north of where we are right now. you give that several more hours, you won't be able to see that. >> it's only been a couple hours since that snow has started. we haven't seen anything yet. >> not

. >> i'm scott wapner in today for bill griffeth.t is a market that's lost nearly 500 points in the past couple of days. trying to get some of that back today. and how about a nice little ramp-up into the end of the day. >> it was the time you entered the building, scott. >> i'm told it's just a coincidence, but i'll take it. i should come around here more often. >> we're keeping an eye on what might have been moving stocks higher here. now many of the dow components in the green. earlier, it was only because of mcdonald's and boeing's outperformance that the

i'm bill griffeth in tonig

. >> i'm bill griffeth.u thought yesterday was fun and interesting, wait until you hear about today. the white knuckle ride continues. red arrows abound at least for equities. oil is a different story late today, but there's the industrial average which was down more than 300 points about an hour ago, now down 262, and right now roughly speaking, broad terms, the major averages are down a little over 4% right now from their most recent all-time highs. >> well, actually people talking about the

. >> and i'm bill griffeth. buckle up. who knows what's going to happen.learned anything this we can is that the final hour holds most of the cards for how the market will finish whether it's up or down. and this week i think we've seen it all in terms of volatility, news events. it has been an unbelievably volatile week not only for the markets but for news events as well. >> that's right. we have to keep an eye out to see how we finish. we just had oil pop 5%

. >> and i'm bill griffeth. listen to this statistic. this is unbelievable.tility has been with us all of the trading sessions we've had so far this year. today alone the dow was down about 120 points, it's been up about 84 points. so a 200-point range today. listen to this, kelly. we've had a 200-point range on the dow every trading session this year. >> including that first one. >> including the first one that friday. that's unbelievable. >> wow. >> we're going to beki

. >> and i'm simon hobbs in for bill griffeth this friday.ending friday in much the same fashion they behaved for the entire month with a lot of volatility. today it's been in the red all day, a wide range as the guys just said, we're heading back down, down 116 on the dow. leading the way for the dow, chevron certainly. the plunge in oil getting real oth over the last few weeks as chevron scraps its buy back plan for the year. but oil itself reversing its

. >> i'm bill griffeth.'s gains and now, we had three big down days to start the year. two big up days to follow that and those two big up days wiped out the losses, turned positive for the clear for the dow and s & p. >> started the year all of monday and where we are today it is almost unchanged, having had that sharp downward move. now this upward move. now the guys better break those down, 18,000 become out them >> i guess so. seei s

. >> and i'm bill griffeth.ear, we're at the stock exchange but we're talking oil right now because that is what's pressuring the stock market today, down 5% on wti for the u.s. crude contract. it's even more of a decline for brent north sea crude. >> you're looking at the price of just under $46. if you're wondering what's hitting the stock market today, well, pretty much look no

. >> i'm bill griffeth.ed day for stocks to close out another pretty good week for investors and there's another theme in our business world taking up a lot of oxygen right now. that would be currency wars. sort of a race to the bottom right now as it were. some huge moves in the euro again amid the moves in global central banks. all that affecting your money and we'll get into all that. >> today not a strong day for the markets after yesterday's bounce

. >> i'm bill griffeth. after losing nearly 500 points on monday and tuesday we get a bounce in the u.s. markets, not only for equities but oil, wti bounced a little bit today. >> a couple of factors contributing to the rebound in the market today. >> minutes were what we would expect but you had decent jobs number this morning from the adp. and the retail sales, some of them pretty good. jcpenney especially. that stock is very strong today on better than expected holiday sales. >> we certainly are. we have had a down couple of days for the market and set up perhaps for a spring back and surprising to see the resilience today, not more of a flight to safety bid after the tragic shootings in paris this morning and, in fact on that note as we keep an eye on that horrible terrorist attack on the magazine that previously ran the cartoons of mohammed the president and much of the world condemning the barbaric murders. we'll get you the latest as the attackers are at large. >> at this hour i think pictures out of

i'm kelly evans with bill griffeth. hello there. >> happy new year. >> not a happy day on the stock market. the dow off 350. >> started this morning, european markets with a big hit. concerns of greece. the german market down about 3%. oil dipping below $50. that's been a bad thing for equities today. so sort of a double whammy for u.s. equities and we are at this point at this moment the dow's down about 3.3% from its most recent peak. the nasdaq the russell, the s&p all down a like amount right now. >> lots of key levels to watch today. the fact below $50 in wti crude, some of what's happening in the rate space and waiting to talk about that but again we're starting off the year in a trading session that people love to extrapolate for moves from here on a weak note. >> it goes without saying this final hour will be very instructive. do they start to buy on the dips? they haven't yet. or do we get even more selling come into the picture in this final hour? >> as mentioned, as we get into this final hour underway here t

. >> and i'm simon hobbs in for bill griffeth this friday. stocks ending friday in much the same fashion they behaved for the entire month with a lot of volatility. today it's been in the red all day, a wide range as the guys just said we're heading back down, down 116 on the dow. leading the way for the dow, chevron certainly. the plunge in oil getting real other over the last few weeks as chevron scraps its buy back plan for the year. but oil itself reversing its free fall today posting its biggest gain since june of 2012. crude prices rallying. now 6% as you can see to $47.41 on west texas crude. >> we've given back some gains. the gains we saw on the settle. nevertheless, enough po move theto move the markets off the low. meanwhile, it's the hottest ipo we've seen in some time. we're talking about shake shack. up 132% or nearly $28 from its opening price. the burger destination causing a big commotion in the neighborhood. these are the lines outside until just about an hour ago. they had set up pop-up locations for the ipo assignment. the

. >> i'm bill griffeth. market volatility and a bloody resolution to the manhunt in france. they're sorting things out in and around paris and northeast of paris. with the hostages and the hostage takers. but it was -- and, you know to some degree this did have an impact on the markets and saw a decline in the dow and other major averages at this thing coming a head. when they stormed the store and the printing press area there. the dow did fall to that low of the day of about 229-point decline and come back right now. back 143. >> take a quick look at the 10-year, as well. this has been rallying as we know for a number of reasons and quite sometime and perhaps an extra bid on the flight to safety trade today. below 2% again. that u.s. 10-year. watching it for everything from the influence on the mortgage market to what it does ultimately send in terms of signals for the federal reserve here and policy decisions coming up and we have heard from members expressing like charlie evan this is morning to rather be cautious than hasty to raising factors. >> if you hang on to that

. >> i'm bill griffeth. building on yesterday's gains and now, we had three big down days to start the year. two big up days to follow that and those two big up days wiped out the losses turned positive for the clear for the dow and s & p. >> started the year all of monday and where we are today it is almost unchanged, having had that sharp downward move. now this upward move. now the guys better break those down, 18,000 become out them >> i guess so. seeing somebody walking around here. let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. and look at that turned right around and became positive again. article carbon reminding us all day that to keep an eye on wti crude because it's still calling the shots in this market now. >> that is an important point, we continue to debate those areas, as oil continues to fall or not. retail names to focus on as well. get to where we stand with the markets, an hour to go ne

. >> and i'm bill griffeth. year, we're at the stock exchange but we're talking oil right now because that is what's pressuring the stock market today, down 5% on wti for the u.s. crude contract. it's even more of a decline for brent north sea crude. >> you're looking at the price of just under $46. if you're wondering what's hitting the stock market today well, pretty much look no further than this gauge. >> some of this the result of a forecast by goldman sachs today cutting its forecast on the price and that added some of the momentum there, and by the way, we're still getting a lot of photographs from you folks around the country of what you're paying for gasoline. i saw the lowest price today coming in once again from oklahoma city. they're paying $1.55 right now. >> not too shabby. and so the debate about whether this should ultimately be a good thing for the u.s. committee continues. >> yes, it does. jo and meanwhile, if you are a regular watcher of cnbc there's a good chance this man wants to hilt you wi

. >> and i'm bill griffeth. buckle up. who knows what's going to happen. if we've learned anything this we can is that the final hour holds most of the cards for how the market will finish whether it's up or down. and this week i think we've seen it all in terms of volatility, news events. it has been an unbelievably volatile week not only for the markets but for news events as well. >> that's right. we have to keep an eye out to see how we finish. we just had oil pop 5%. that just broke its seven-week losing streak to finish on a positive. in the meantime though, more fallout from the swiss currency mess. now some retail investors may be getting hit hard with no safety net. we'll explain what's going on and show you how the impact there is much wider than the swiss franc. >> oil rallying today but still solidly below $50 a barrel. though you might not want to get comfortable with that too much. we have chris with us today from moody's. he says he sees oil back at $80 again and soon. what would drive it back to that point? you don't want to miss this inter

. >> and i'm bill griffeth. listen to this statistic. this is unbelievable. now, volatility has been with us all of the trading sessions we've had so far this year. today alone the dow was down about 120 points it's been up about 84 points. so a 200-point range today. listen to this kelly. we've had a 200-point range on the dow every trading session this year. >> including that first one. >> including the first one that friday. that's unbelievable. >> wow. >> we're going to be talking about what that means as we kick off this final hour of trade and we await the word from the european central bank tomorrow. that's going to be very interesting. >> yes, we'll get to more on that in a second. what all the central banks are up to. oil rebounding but that didn't stop canada from cutting its key interest rate north of the border and they did that because of how the dramatic fall in oil prices is rippling through the nation's economy. >> we'll get into that a lot more with to do ameritrade's ceo fred tomczyk is back with us. they had good looking earnings. they had

. >> i'm bill griffeth. if you thought yesterday was fun and interesting, wait until you hear about today. the white knuckle ride continues. red arrows abound at least for equities. oil is a different story late today, but there's the industrial average which was down more than 300 points about an hour ago, now down 262, and right now roughly speaking, broad terms, the major averages are down a little over 4% right now from their most recent all-time highs. >> well actually people talking about the 600-point drop we had seen in the dow just since yesterday's highs. we talked yesterday about the outside reversal we had and what that meant technically. art cashin among others really focused on what this has looked like from a trading point of view even as people are arguing about the fundamentals and speaking of which, let's talk about a couple wacky things going on in this marnth.ket. we'll get you all angles covered. why are mining stocks being routed? how come retail sales look so weak when gas prices are s

. >> i'm bill griffeth. mixed day for stocks to close out another pretty good week for investors and there's another theme in our business world taking up a lot of oxygen right now. that would be currency wars. sort of a race to the bottom right now as it were. some huge moves in the euro again amid the moves in global central banks. all that affecting your money and we'll get into all that. >> today not a strong day for the markets after yesterday's bounce back. but box has been the big story here. that ipo pricing at $14 last night. but right now you cannot get it for that price because you can see there it's up to almost 24 bucks on the session. a huge move day one for the cloud company despite vocal skeptics. >> they're questioning their profitability. this feels like the debates we were having back in the '90s during the dotcom boom. i'm not saying that's the case here, but off booming ipo with people wonder wrg is the money right now. another bombshell from the president's tax plan. president obama wan

. >> i suspect -- i'm bill griffeth, by the way. i suspect that that picture, that's times square.50, 60 blocks north of where we are right now. you give that several more hours, you won't be able to see that. >> it's only been a couple hours since that snow has started. we haven't seen anything yet. >> not yet. so we're told. snowmageddon snowpocalypse, whatever, a blizzard. if you haven't heard by now it's coming this way and it will affect tens of millions of people. we are live at major airports with thousands of flights already canceled at this hour. a state of emergency has been declared in new jersey in new york. i haven't heard if connecticut has but they should. >> connecticut they have shut down the major roads, major highway transportation starting at -- anywhere from 7:00 to 8:00 to 9:00 p.m. this is one of the biggest pre-emptive moves we've seen for a storm. obviously if it doesn't pan out there will be a lot of guffawing. but you can't take too many precautions with the wind and the ice and the potential for power outages. >> we have the latest on where the storm is

. >> i'm scott wapner in today for bill griffeth. it is a market that's lost nearly 500 points in the past couple of days. trying to get some of that back today. and how about a nice little ramp-up into the end of the day. >> it was the time you entered the building scott. >> i'm told it's just a coincidence, but i'll take it. i should come around here more often. >> we're keeping an eye on what might have been moving stocks higher here. now many of the dow components in the green. earlier, it was only because of mcdonald's and boeing's outperformance that the index was higher. mcdonald's surging nearly 5% after ousting its ceo. wlas what is the new plan for the fast food giant? this remains the big question. >> and one hour from now, some huge earnings hit the tape google, amazon advisoryvisa biogen to name a few. we'll have the numbers and instant analysis as well. >> a ton coming up next hour. >> we're just ramping up on the whole earnings thing. digesting names like ali alibaba. the dow is up about 148 points this hour. that outp

. >> i'm bill griffeth. and then there's snowmageddon. billions spent on a storm that was largely a bust for those in manhattan part of new york city and parts west. those of you in long island and connecticut and eastern massachusetts and rhode island you got hit as was predicted but those of us in parts west preparing for all of that was a huge displacement and there's a thought that maybe billions will have been lost as a result of all of that. the biggest blizzard though turned out to be inside the new york stock exchange today. >> well put. take a look at what's happening in the market. we are geared up for a negative start then got a flurry of earnings. caterpillar disappointing. microsoft didn't help thing. both stocks getting hit hard. what's interesting, that's contributing to the dow being a weaker performer than the s&p today. it's off 231 points. the s&p mean while down less than 1%. so you could argue perhaps it's an oversized reaction to a couple big companies, but by the way, they're important companies, and by the way, the