. >> and i'm bill griffeth in for tyler mathisen. today he spoke with kre walt bettinger. and we'll have that in a few minutes. >>> the stocks fell for the second day. the dow jones barely clinging to gains over year as bond yields continue and adding to anxiety from of all people janet yellen about the stock market during a conversation of lagarde of the imf. >> i would high lie that equity market evaluations at this point are quite high. they are not so high when you compare the returns on equities to the returns on safe assets like bonds which are also very low. but there are potential dangers there. >> by the close of trading, the dow jones industrial dropped by 86 points closing at 17,841 at one time it was down almost 200 points the nasdaq fell by 19 and the s&p shed nine points. >>> as for the bond yield, it continues to decline and bob pisani has more on why the stock market is bothered by the high rates. >> stocks dropped again today and agai traders are having trouble digesting a drop. the yields had been rising for days and today the yields rose to the highest i

. >> i'm bill griffeth. have a great night. we'll see you tom "revolutionaries"... >> one of the ways to serve society is by providing new technologies, new ways of thinking, and provided them to society. i truly believe that this is one of the pillar on which societies should build universities. >> israel today is often described as a start-up nation. the engine of israel's innovation is the technion institute of technology, which is now more than a century old. we explore the heritage and impact of the technion with the university's 16th president, professor peretz lavie.

. >> i'm bill griffeth. have a great night. we'll see you tom >>> the following kqed production was produced in high definition. >>> this time on "spark" -- first, "spark" goes inside the world of bhangra -- a traditional indian dance that's been revitalized by a generation of young indian-americans. >> when you listen to this music, it's almost like this chemical gets released into your body, and it's just a really contagious beat. >>> next, the contemporary jewish museum is dedicated to the exploration of jewish art and culture. their new exhibit asks artists to riff off of a ceremonial seder plate. >> my seder plate is about the exodus of the jewish people through the millennia. >>> then, the music of the crooked jades harkens back to a musical era known as "old time" -- next on spark.

i'm bill griffeth. fed chair janet yellen said she expects to raise interest rates this year if the economy continues improving. that's the big caveat. any positive close for the s&p will be a new all-time high. we're not there yet, though. >> we've been seeing it happen all week long. the nasdaq the outperformer trying to close at its own record high. the number to beat 5,092 and change. it's been nearly a month since the index ended in unchartered territory. we have much more on the nasdaq and the fed's rate hike strategy and the market. including which stocks are set to heat up this summer. >> it officially begins this weekend. but the real feature today is what? >> the dollar. >> what's going on with the dollar? >> the first up week for the u.s. dallas against the euro in five. that's the real story. >> we'll get you your own show on cnbc calling it "the dollar and you." >> don't tease me bill. the dollar actually making a move. it's up 1% after janet yellen. it's one of the places where you have se

. >> and i'm bill griffeth in for tyler mathisen. today

. >> and i'm bill griffeth in for tyler mathisen. today

. >> i'm bill griffeth back where i belong as well. >> y a. y! >> the dow turning positive today.ck on track to close at a new all-time high again, post its first five-day win streak this year. meanwhile, the s&p also right around its all-time highs at this hour. as you know anything can happen in the final hour of trading. you want to stick aro

. >> i'm bill griffeth all alone here at cnbc global headquarters.. >> everybody better tune in to that. >> stocks trying to close in unchartered territory very quietly. the s&p, any positive close would be its third straight record high. meantime, the dow finally is trying to close at a new high. this will be its first record close going back to march 2nd. apple having the

i'm bill griffeth also here at the new york stock exchange. a down day, we've pulled back a bit.tepid jobs report. one thing of note in the bond market the treasury yield curve

. >> and i'm bill griffeth. well, well, well, a stock market that's down, volatility is up.just exactly the opposite of what we've been dealing with the last few weeks here. the dow is set to have its worst day of the month while the volatility index, the vix, is on track for its biggest one-day gain of the year. look at that, up 20% right now. we have a panel of experts to break down today's move coming up in just a moment here. >> meantime, china, a market that's not selli

i'm bill griffeth.id she expects to raise interest rates this year if the economy continues improving. that's the big caveat. any positive close for the s&p will be a new all-time high. we're not there yet, though. >> we've been seeing it happen all week long. the nasdaq the outperformer trying to close at its own record high.

. >> i'm bill griffeth.t first, you probably have heard by now the verdict in the penalty phase of the boston marathon bombing case is in. however, it's going to be a while before we know whether dzhokhar tsarnaev gets life or death. there's a lengthy process to go through, a number of questions to be answered by the jury in this case. it's going to take a while. it will be later in this hour before we know whether he gets life or death. >> we'll bring that to you as soon as it happens. keeping an eye on markets here in the meantime we're closing out the week in which we've seen swings of strong session yesterday. today's stocks largely holding that but one stock getting absolutely grilled. pollo loco. >> getting killed. >> the chicken chain's full-year guidance disappointed investors. how much of that outlook has to

i think they labeled it the bill griffeth swimming pool, didn't they? >> doubt that. >> a lifeguard in california. >> the chief investment officer at calstrs there. >>> 262 points we're up. see if we want hang on that these gains. i'll be interested to see when art walks by what kind of imbalances we have as we head towards the close. >> president obama making his case for the transpacific free trade agreement at nike's headquarters today. coming up next find out what nike's ceo says about a potential deal and what it means for his business. >>> and uber reportedly is willing to pay up to $3 billion for nokia's map service. but could that move be a $3 billion mistake? we have "shark tank's" kevin o'leary with us today. he'll weigh in on that potential deal later on "closing bell." stay tuned. [ male announcer ] your love for trading never stops. so open an account with schwab. and when a market move affects, say a cloud computing stock you're holding, we can help you decide what to do. with tools that help you see how market activity is affecting your p

i'm bill griffeth also here at the new york stock exchange. a down day, we've pulled back a bit. but just a bit from the big rally we saw on friday. that tepid jobs report. one thing of note in the bond market the treasury yield curve between the five-year and the 30-year is now the steepest we've seen since last november. something we'll be talking about coming up. >> the first thing i noticed is the level today, 2.6%. some big moves over the last couple of trading sessions. all of that coming up, also making big move zillow the real estate upgraded. should you make a bid on this hot sale? or is it actually time to sell? >>> plus the new king of saudi arabia numbering president obama by cancelling plans to visit the white house this week during that summit meeting at camp david. coming up former u.s. ambassador to saudi arabia robert jordan comes back to us. he'll tell us whether this is all over the nuclear negotiations with eye ran. this new king. he's his own man, that's for sure. >>> the dow jones industrial average giving up some of its gains, down 100 points now. half of 1

. >> i'm bill griffeth.arts and pieces today. >> do we ever. >> we'll try to get to all of it. it is the last trading day of mott. this last hour could be especially dramatic. the russell rebalancing. we'll be making its annual adjustments here and there and we'll be bringing you all the action right here on the floor. it's going to get crazy here in the next 45 minutes. >> should be fun. we'll show it to you. oil, meanwhile popping more tha

. >> and i'm bill griffeth.or the month of april, and that's about what the stock market has been much of this day as well. so we're going to follow this last hour of trade here and see if we get a breakout one way or the other. 15 far we haven't seen it move from the unchanged. >> maybe it will be earnings that give us some catalyst. >> we certainly have that to look forward to in the next hour. dow component cisco systems,

. >> i'm bill griffeth getting ready for tonight's edition of "nightly business report". we'll see you later on pbs. right now we're on all time high watch again, kelly. the dow trying to close at a record for a second straight day as well as its four day win streak. since early february we haven't had one of those. plus the s&p is also trying to close at unchartered territory. struggling a bit right now. but it has been helped out earlier by the financials and health care sectors. coming up we'll hear from experts on whether stocks can sustain this rally. >> also ahead activist investor karl karl icahn, he will tell us if it pays to invest like icahn. >> a couple of pros have different opinions on that. >> etsy getting ready to report its first quarterly results since going public. that stock is up nearly 30% since its ipo. we'll have the instant analysis of the numbers. rumor has it that etsy's earnings will be released on a needle point sampler. >> let's take a look at markets. as bill mentioned record high territory here for the dow up 21 points. again, what are the u

. >> i'm bill griffeth all alone here at cnbc global headquarters. you'll be there on the nightly business report on pbs. >> everybody better tune in to that. >> stocks trying to close in unchartered territory very quietly. the s&p, any positive close would be its third straight record high. meantime, the dow finally is trying to close at a new high. this will be its first record close going back to march 2nd. apple having the biggest impact on the dow after carl icahn said that stock is undervalued. he thinks it should double in price, kelly. >> he's also talking about them getting into tvs, bill cars batteries. a lot of great fodder for industries that should be paying attention. >> maybe he wants to merge apple with tesla? >> or going back to his investment last week in lyft. >>> charlie evans said the fed should not raise rates until next year. will that power up this beaten down sector? we will hear from both sides, coming up. >>> and why -- you had a little hint here from melissa lee a moment ago. why is "consumer reports" calling tesla's $120,

. >> i'm bill griffeth. >>> we have a lot of moving parts and pieces in the market today to get to. was $85 two years ago. now it's back to $47 just with this 23% rally here. >> but it is still not even close to where it was before earnings last week. we'll talk more about yelp.

. >> i'm bill griffeth back where i belong as well. >> y a. y! >> the dow turning positive today. the blue chip index is back on track to close at a new all-time high again, post its first five-day win streak this year. meanwhile, the s&p also right around its all-time highs at this hour. as you know anything can happen in the final hour of trading. you want to stick around for that. >> also, former fed governor lawrence lindsay saying we could see a bond market tantrum if janet yellen and the fed don't raise interest rates. >> a new study finds companies may be buying back stock at a record pace. however, corporate insiders are not. that's interesting. coming up we'll discuss whether that's a sign that executives believe stocks are starting to become too expensive right now. >> watching the insider trade. here's what we see, right now with an hour to go the dow is up 16 points. buffeted by earnings today. the s&p adding about 4 points. nasdaq up 19 bill as we continue to get the pulse of the u.s. consumer today. >> let's get to what's going on in the world today in the world of f

. >> i'm bill griffeth. >>> we have a lot of moving parts and pieces in the market today to get to. yelp now soaring on reports that the company is looking to sell itself. here's a company that was $85 two years ago. now it's back to $47 just with this 23% rally here. >> but it is still not even close to where it was before earnings last week. we'll talk more about yelp. >>> and we'll also talk about the changing of the guard alibaba. the company having its best day since the company went public but will new blood help turn the stock around for the long term. we'll ask that question. >>> new developments you just heard in mcdonald's' plan to turn itself around. yes, kale is part of the idea. the new ham burglar. even james franco has been weighing in on the role mcdonald's played in his early career in life. >> can't wait to learn more about that. >>> we are watching the markets though with just an hour going into the close. stocks are near session highs. they opened in negative territory this morning despite the fact that jobless claims came in near a 15-year low. you are looking a

. >> and i'm bill griffeth. well well well a stock market that's down volatility is up. this is just exactly the opposite of what we've been dealing with the last few weeks here. the dow is set to have its worst day of the month while the volatility index, the vix, is on track for its biggest one-day gain of the year. look at that up 20% right now. we have a panel of experts to break down today's move coming up in just a moment here. >> meantime, china, a market that's not selling off, the shenzhen composite is up more than 100% just this year a doubling. take a look at that. is this the place to be for growth or is china becoming a dangerous bubble ready to pop? we'll talk to a couple of guests about that. >> is this the chinese 1990s right now they're going through? >>> plus the return of the cable king himself, john malone behind the 55 57 $79 billion charter time warner cable deal could this move drive more companies to merge in that industry? we'll be talking about that in a little while. it's amazing. he's back. he was very patient. he laid back. they made that ini

. >> i'm bill griffeth. welcome to the most important hour of the trading day. we say that all the time. it is not just because we think it because it is our show. there's a new study out. you're going to find this very interesting. you'll find out why many on wall street say the last 30 minutes of tradesing ingtrading are indeed so critical to the trading day. >>> goproup 7% as the company reveals its plan to get into virt oolual reality and drones. we have someone who says this rally won't last. >> that drone that kara swisher's showing you. does it have seven tamcameras or something on it? >> it is fascinating. any anybody familiar with the drone industry knows about those cameras. it could really take off. >>> a new report says jpmorgan could lay off 5,000 people by next year. is this a broader issue for the financial sector? many parts of financials have suffered the last couple of years. is there normore layoff to come? >>> going to the front lines, we have the ceos of three major banks all here exclusive on "closing bell." >>> we begin with the markets. a

. >> i'm bill griffeth. we have a lot of moving parts and pieces today. >> do we ever. >> we'll try to get to all of it. it is the last trading day of mott. this last hour could be especially dramatic. the russell rebalancing. we'll be making its annual adjustments here and there and we'll be bringing you all the action right here on the floor. it's going to get crazy here in the next 45 minutes. >> should be fun. we'll show it to you. oil, meanwhile popping more than 4%. a drop in inventories this week. and also a drop in the number of drilling rigs hoping to push that commodity higher. it's another down day for the transports. the airlines are bouncing back and we've got the ceo of spirit airlines here to talk about fluctuating oil prices and capacity are impacting his company. >> he looks spirited doesn't he? >> ben baldanza. >> talk of yet another deal shares of health insurer humana have been on a tear in the last hour or so that the company has put itself up for sale. they've had interest expressed to

. >> i'm bill griffeth. of course we will be covering the markets over the next hour but first, you probably have heard by now the verdict in the penalty phase of the boston marathon bombing case is in. however, it's going to be a while before we know whether dzhokhar tsarnaev gets life or death. there's a lengthy process to go through, a number of questions to be answered by the jury in this case. it's going to take a while. it will be later in this hour before we know whether he gets life or death. >> we'll bring that to you as soon as it happens. keeping an eye on markets here in the meantime we're closing out the week in which we've seen swings of strong session yesterday. today's stocks largely holding that but one stock getting absolutely grilled. pollo loco. >> getting killed. >> the chicken chain's full-year guidance disappointed investors. how much of that outlook has to do with fears over the bird flu outbreak? we speak to the company's ceo, coming up. >> also lyft you know, l-y-f-t are raising ano

. >> and i'm bill griffeth. a retail sales number that disappointed literally unchanged for the month of april, and that's about what the stock market has been much of this day as well. so we're going to follow this last hour of trade here and see if we get a breakout one way or the other. 15 far we haven't seen it move from the unchanged. >> maybe it will be earnings that give us some catalyst. >> we certainly have that to look forward to in the next hour. dow component cisco systems, jcpenney, shake shack leading the charge. numbers to watch for, deliver those the moment they hit the tape. break them down for you, look at outlook, and the market response. all coming up here on "closing bell" today. >> meantime more questions than answers following the deadly amtrak train crash in philadelphia. we'll speak with rail refegsles and senator tom carper what can be done to fix the crumbling infrastructure bill. ironically it's infrastructure week. >> the house was scheduled to vote on amtrak funding today, they did,

. >> and i'm bill griffeth. stocks modestly higher but only modestly. the s&p is on track to close at a new all-time high. that would break a two-day losing streak. as for the dow, it's higher for the fifth time in six trading sessions, although we're still a few points away from a record close for that one. the nasdaq is finally in the water, trying to end at a new high as well. that's something we haven't seen from that index in nearly a month. coming up over this next hour at least, much more about this market and what's moving it, or not moving it these days. >> also fed chair janet yellen she's already required to appear before the house and senate twice each year to test a monetary policy. apparently that's not enough. coming up, house financial services committee chair jeb hensarling to explain why he wants to see her double her appearances on capitol hill. >> hewlett-packard and gap, we'll have the incident analysis of all the numbers as soon as they are released. both those sectors. hewlett-packard has turned out some great numbers the last cup

. >> and i'm bill griffeth.at happened from the get-go this morning. the s&p is trying to close at its first record since back in april, april the 24th. the number to keep an eye on is on the left there, 2,117 and change. you can see we are a couple points above that right now at 2,119. the dow still has a ways to go. >> making a run at its first record close since march 2nd of this year. the number to pass 18,288, and at this point we are about 46 points shy of that level despite

. >> and i'm bill griffeth. stocks rallying right now and that happened from the get-go this morning. the s&p is trying to close at its first record since back in april, april the 24th. the number to keep an eye on is on the left there, 2,117 and change. you can see we are a couple points above that right now at 2,119. the dow still has a ways to go. >> making a run at its first record close since march 2nd of this year. the number to pass 18,288, and at this point we are about 46 points shy of that level despite a 1% rally today. look at the other markets as well. we've got the nasdaq, the russell, and dow transports for everybody to keep an eye on. the nasdaq having a great session, um 1.25%. good enough to puck it back at 5,043 for the level the. the russell, the small caps doing pretty well, up almost 1% or 11 points. the transports are lagging a bit, up half a percent. >> they have suffered this year, especially, coming back a lit there will. >> in the midst of all this real action, there was a seemingly ph

. >> and i'm bill griffeth. stocks modestly higher but only modestly.that would break a two-day losing streak. as for the dow, it's higher for the fifth time in six trading sessions, although we're still a few points away from a record close for that one. the nasdaq is finally in the water, trying to end at a new high as well. that's something we haven't seen from that index in nearly a month. coming up over this next hour at least, much mor

. >> i'm bill griffeth. welcome to the most important hour of the trading day. all the time. it is not just because we think it because it is our show. there's a new study out. you're going to find this very interesting. you'll find out why many on wall street say the last 30 minutes of tradesing ingtrading are indeed so critical to the trading day. >>> goproup 7% as the company reveals its plan to get into virt oolual reality and drones. we have someone who says this