the blue chips falling 250 points. that is down more than a thousand points just in the new year alone. a spoig report on manufacturing said to be dragging stocks lower today. the institute for supply and management say new orders in jan sinking by the most in 33 years. they say overall manufacturing changed at the slowest in years. >>> d.o.t. says technology will prevent crashes and save lives. janet yellen now the first woman to head the federal reserve. she was sworn in this morning as chairman replacing her pre predecessor ben bernanke. bernanke is joining brookings institute as a distinguished fellow. >>> you should watch america's middle class, rebuilding the dream, produced by ali velshi, airing here on al jazeera. >>> a man is resisting the deposit's authority to take over his farm. daniel lack reports from trenton, canada. >> tractor wheels crunching from icy snow, 85-year-old frank meyers drives around land that's been in his family for 215 years. >> 1798 he fought for the british. >> one of his his ancestors

and engineering math, the technical skills they desperately need for some of these big blue chip companiesolutely. kids coming out of school way two or four-year degree. the difference between a starting salary between an english major and somebody with a math and science degree is huge. >> relocating into a build a factually in a town and looked at the high school graduation scores and look at sort of the educational basis of the community they're going to be in. because they know they need workers who are going to be able to adapt and be smart. >> absolutely. you know, i spoke to chicago mayor rahm emanuel. he said i have to guarantee companies to get them to locate, what it will look like. show them the high school kids we have dpo they have the skill? >> thank you for being with us. >> thank you. >>> barbie on the cover of the new "sports illustrated" edition. ken isn't objecting, but others are. sexy or sexist? unnecessary. unnecessary. next. a't trap me in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. loo

blue chip well-known companies. 3 m, the ones who make everything from post it sticky notes to scotch brite sponges and cleaning supplies. it's a dow component down 10% this year. integrated oil giant ex on mobile does everything from extract the stuff from the ground to refine it and selling it as gasoline. its shares have fallen by 11%. and then there's general electric, which makes everything from refrigerators and light bulbs to aircraft engines and locomotives. g.e. is the worst performing stock in the dow this year, off by 12%. still, there are those who believe that stocks have further to fall and now may not be the time to get into the market. >> i think that really depends on the investor's time frame. but if you're really looking for the perfect timing to buy in, chances are these type of selloffs last longer than just a handful of days or weeks, so there might be a better buying opportunity coming down the pike. >> >> reporter: of course the decision depends a lot upon how you're willing to wait and what your resting tolerance is. prudent advice is to proceed with caution.

but that makes them blue chip, they are blue-chip was a vitamin c if that matters. >> time warner, what it $5 billion, $10 million? >> the question is -- why are companies not comfortable enough to do more and m&a? are nott that they issuing buyback and chairs. with the balance of the corporate boardroom from rbc capital. startupg up, the small takes on consulting giants by leasing out their so-called nerds by the hour. we talk about making consulting expendable and affordable on "surveillance." ♪ >> good morning, everyone. "bloomberg surveillance." with me scarlet fu and cristina alesci. jobs a, we will have that. it is a boring data check. equities, bonds, currencies, commodities. 10 year yield higher. a relief rally let's call it. euro higher, nymex has done nothing since time began, that is it for the data check. i think it will move at 8:31 this morning. >> a lot of stocks on the move but i want to focus on one. that is twitter. the little bird got shot down, shares down 24%. that is after this microblogging service obviously reported sluggish user growth, which is a big concern fo

the blue chips fell into triple digit territory for the third time for the year.dropping 326 points. we'll talk about what prompted this selloff in al jazeera america. people have had their credit and debits cards breached add target and other retailers, to keep your information safe, maybe safer, representatives from government agencies and industry groups are testifying. , john terrett is there for us. what are we hearing from this panel so far. >> four expert witnesses we've just had the first witness, william floon ann noonan. he spent a very long time looking into cyber-crime. his message was that these preaches of security we're seeing at u.s. corporations, particularly the big 3, michael's the craft shop, neiman marcus, and target the really big one, these types of security breaches have been going over the last three years. the majorities of hits are coming from outside the united states and eastern european countries appear to be the location with russian interestingly enough being the cover language. mark warren is the senator from virginia, has had a lo

. >> it is as blue chip at any stock could possibly be. >> get an inside look. >> i can take your greatest ferrari and turn it into something else that some people may like more. [captioning made possible by bloomberg television] captioned by the national captioning institute --www.ncicap.org--- >> to money manager jim glickenhaus, a top of the line ferrari is a car begging for an upgrade. he ripped apart and reconstructed two ferraris. he races one at the 24 hour race, one of the most dangerous racing circuits in the world. i am in his garage in tarrytown, new york, to see his collection, ride shotgun and find out what fuels his passion for burning rubber. >> wow. >> now did you feel the car there? >> yes. >> that is the traction control. >> almost like you are flying for a second. this 650 horsepower machine exists nowhere else in the world. jim glickenhaus custom designed the car using the ferrari p 3/4 series as inspiration. >> ferraris to me were always the most beautiful fastest cars. >> love it! >> you are getting a lot of looks from this car. >> i am sure there are at least four sh

>> this is a dovetail between the blue-chip world and the small business spirit. gdp. we are starting to see an improvement. >> yes, where was one of the surprises? a positive surprise. construction. pent-up demand for housing. neuhaus whole formations coming back. housing starts are coming back. little decline in rates will help mortgage -- will help mortgage rates going into the spring. look or housing place going into the next few months. >> howdy reconciled the dichotomy between the gdp picking up a hiring getting softer? >> i do not think hiring is getting softer. shows 100 75,000 new jobs. even the establishment survey was 140 2000 when you average out government losses. i think we will get back on track and payroll will look at her and the economy will look better, and the concerns that people had about the hiccup will go away. >> you see the stark contrast between howard ward's and bill gross friday after the jobs report. janet yellen, her testimony you will see and hear that on bloomberg television worldwide tomorrow morning at 10:00 eastern time. old-gro

blue chips are higher because of concerns coming out of this woman on capitol hill. investors are keeping a close watch on capitol hill where janet yellen telling lawmakers it's hard to say how much the recent weakness in the economy is because of the weather. they will watch to see if the slowdown is temporary. >> passengers who book a last minute flight because of a relative death will now have to pay the full price. america's walk up prices tend to be the highest of any airline. >> sometimes a second chance is the chance of a lifetime. while dealing with addiction and mental health problems, people once homeless are now living in what are called micro homes. >> drugs drove rebecca into homelessness. sharon calls herself a life long nomad who hasn't unpacked in 20 years. >> it's messy, but i'm just not that organized. >> john lost his job as a cook and unemployment payment ran out. >> one thing sort of snowballed into another. >> what they share now is that they used to be homeless. the village has tiny separate housing units which share a community center and kitc

the blue chips down right now. the nasdaq's eight-day winning streak also in jeopardy.s is after the imf issued aern waing about countries ending stimulus programs too soon. >>> chairman tom chewheeler say he will once restrictions on providing online content. >>> the commerce department reporting on new home construction saying it sunk 16% last month. the bad weather being blamed although economists say the downward trend may indicate the housing market is growing weaker. >>> the mortgage banking associate say applications for home loans fell last week. the average 30-year fixed rate mortgage rose to 4.5% that is the first increase this year. still ahead, an overanxious octopus giving drivers a thrill of a lifetime. that story and a recap of our headlines when al jazeera america returns. ♪ what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪

the blue chips on track for a second straight week of gains.asdaq is down slightly today. >>> the missouri house has been asked to investigate the soaring price of propane. propane suppliers say the harsh winter has send demand skyrocketing. >>> the stuff winter also affecting u.s. factories. manufacturing output in january has its largest drop since may 2009. >>> and we made know tonight the outcome of that vote involving union labor. workers at the volkswagon plant wrapping up the vote on whether or not to join the union. opponents say unionization will be bad for business and make the area less attractive for companies. >>> in northern ireland local officials are asking for a referendum on frac-ing. lawrence lee reports. >> reporter: northwestern ireland, the farther reach of the united kingdom. remote, pretty, but nobody is much so why not frac for gas? but there are people here, and they rely on the land for tourism and air and water for life. when the g8 met this year, all of the security people got furious anti-frac-ers. >> it is going t

we're going coast to coast on the basketball court this week on future we'll meet blue chip prospectsour different regions... plus the leader of the best girls' basketball team in the country... it's all coming right at you... next... (show open) hi, everyone, and welcome to the show that features the top prep athletes in america. i'm your host, charles davis. let's get started in the rocky mountain region today and meet the top basketball player in colorado.

not just blue-chip stocks leading the way, but they're seeing big moves higher, including one much-malignedis is a nice setup, this stock has doubled from 5 to 10, that's the first circumstance and the second is, it's moving mechanism is now flat, it's no longer declining. a bunch of prior stocks that did just this. this is hewlett packard it doubled from 10 to 20. it started to flatten. hold that, this stock doubled, best buy, from 10 to 20. it started to flatten. next one, this one, netflix, 50 to 100. finally, we'll go back through them. green mountain, 20 to 40. the common circumstance of all of these they double off the low, and the 100-day starts to flatten. working backwards. let's go forward. after doubling, hewlett packard it went to 30, up another 50%. how about best buy? off its low, 10 to 20. it went from here to 45, up 200%. how about netflix? a double from 50 to 100 and it went of course, as we know, to 450. final example, here's green mountain, 20 to 40, now it's 120. here's the principal of this, once the stocks doubled off the bottom. the market is already out, because ment

and right now, the dow down 188 points, following the worst decline in blue chips in 32 years specifically. interpreter chrysler had it's best january assistance interstate. jeep soaring 38%. ford sales dropping, and the bad weather led to a drop-in demand. and the cold weather putting a freeze on gm. their stocks falling 12% in january and a programming change tonight. ali velshi talks about rebuilding the dream on aljazeera america. coming up next, the japanese alps is a cold mountain range to climb, and a region where a lot of couples are choosing to get married. welcome back to aljazeera america. i'm del walters. here are your headlines. congress looking at your credit card information. representatives from the industry and banking are set to testify in a few hour, and looking at the data theft from neiman marcus and michael's. janet yellen will be the first woman as chairman of the federal reserve. yellen is set to make her first report to congress next week. ukrainian president, yanokovych is back at work after being sick for several days. and at first new yorkers why excited about t

the dow up at this hour, 86 points, a day after the blue chips had a more than 300-point drop. >>> theicial at microsoft is official. bill gates is giving up his role and chairman and taking the title of technology advisor, john thompson is going to be replacing gates. >>> a new report finding the affordable care act will cost 2.3 million jobs by 2021. the cbo says the law's impact on jobs will be felt mostly after 2016. >>> the federal government wants your car to start talking, insisting this new technology will save lyes. stun gran neighborhoods to disperse >>> welcome back to al jazeera america. i'm del walters. these are your headlines at this hour. that west virginia chemical spill prompting hearings on capitol hill. >>> there is a new report out that claims the afghan president has been in secret talks with the taliban trying to negotiate a peace deal that doesn't involve the us. the white house is urging carsy to sign the agreement to allow troops to allow in afghanistan through 2014. >>> now to the weather, the situation only getting worse. a storm yesterday, a storm tomorrow.

the blue chips are falling over 300 points with just over an hour until the close. is now down more than 1,000 points in the new year. >>> and the treasury department has confirmed that over half a billion of iran's dollars and oil revenues have been transferred to the country under an interim nuclear deal. the money is the first installment under the geneva deal. those are the headlines. i'm tony harris in new york. al jazeera presents is next. ♪ bing, bang, boom. the super heros are around. the worlds collide. the world rages on a comic shell. it has no consequence.

the blue chips trying for a third straight week of gains, but having a rough time. >>> we're also followinging news, shares of barnes & noble soaring after a private firm offered to buy a majority stake in the company. they also want to separate the unprofitable nook segment. >>> an industry group is warning that the american dream could be slipping away. existing home sales fell more than 5% last month. weather played a role, but the market is also feeling the pinch from soaring prices in interest rates. >>> bitcoin trading below $100 today. it was as low as $91 in japan, although it is worth more than $500 on other exchanges. >>> president obama meeting the dalai lama despite strong objections from china. china condemning meeting soon after it was announced last night. mike viqueira is live at the white house with more and mike do we know what the tibet tan leader discussed with the president? >> dell, this is the third time that the president has had the dalai lama here at the white house. always harsh criticisms from china. there is a certain ritual, should we say to this, del, the pres

. >> some of the blue chip names already in correction territory. >> there are quite a few. look at the s&p 500. out of those 500 large cap blue chip stocks, over 100 are already off by 10% or more, and another 30 are off by 9%, within striking distance, so 130 plus companies in the s&p are already at or near that correction phase. here are some of the big ones. check out s&p material stocks. year-to-date, they are down 6%, more than halfway to correction phase. one well known name in that mix is u.s. steel. that particular stock is off as well. you can see there, down by 15%. that may go on the shopping list for some people, who are more bullish on the long term steel industry and are trying to buy on a pullback. another sector to watch here, a big one for sure, is s&p industrials. they are down by 6% as well. more than halfway to correction. a big name within this particular universe in industrials is a transportation company, fed ex. that stock is down by 9%, 10% here. so again, right there. then one more is a technology company that we all know about and that's apple. th

the blue chips being boosted by disney, shares up almost 5% after the company reported a 33% jump in profits. also helping stocks today, a better than expected unemployment report. first time job legislation claims dropping 20,000 last week. and a programming note, will have live coverage of the key january jobs report tomorrow at 8:30, a.m. eastern time right here on al jazeera america. also a strong january for costco, the nation's largest warehouse retailer saying sales there jumped 4% last month, topping analyst expectations the gain coming despite falling gas prices according to costco. coming up on al jazeera america, hollywood is known for making blockbuster movies but did you know, that about 50 major film festivals are held each year in europe, we take you to belynn to find out why. and bees able to feel again, the bionic hand shows promise for amputees. the senate now considering a bill to extend long term unemployment benefits. the outcome is not clear, majority leader saying he doesn't think the democrats have enough votes to prevent a filibuster by republicans. west virg

the blue chip average is down 7% for 2014. the nasdaq tumbled nearly 107 points, closing below the key 4,000 mark for the first time since december of last year. and the s&p lost 40 points with all ten of its sectors in the red. in the bond market, prices rose and yields fell. the yield on the ten-year note dropping below 2.6%. bob has more on what stocks and sectors were hit the hardest today, and the mood of traders at the new york stock exchange. >> reporter: stocks sold off today with the dow closing at a 3.5 month low. the market started to the downside but it took another leg down in the late morning when january manufacturing data and the auto sales both came in weaker than expected, though everybody sited the weather, concerns about a slightly weaker u.s. economy, on top of worries about emerging markets left traders in an unforgiving mood. it was an ordinarily but broad sell off with sectors down two to three percent. even defense sieve groups like health care and consumer staples were down. the volume was heavy today

yesterday, the blue chips were up 103 points and the nasdaq 29. but the s&p was the star most of the day as it flirted with the record high of 18-8. the s&p finshed the day at 18-7. gold fell 2 dollars. and oil is sticking above $102 per barrel. gasoline is on the up & up. according to triple a gas prices have climbed 17 days in row.. up 15 cents during that time frame. prices are expected to continue to rise. the national average per gallon stands at $3.41 and in utah-- a court is freezing the assets of work at home web firms. the ftc claims essent media, net training,yes international, coaching department and apply knowledge bilked consumers out of millions with useless work at home kits and coaching services. the companies offered no comment. trader lincoln ellis of green square capital joins us on this tuesday morning. happy tuesday to you lincoln. > >happy tuesday to you angie. > >is this a stock pickers market or an index situation where people want to buy the entire index? > >that's a great question. the indexes have had extraordinary runs

blue chips, the s&p, nasdaq all up between 25 and 30%. investors are locking in those profits.ough is heading towards a collection. right now it is down about 7% since the begin of the year. 10% off would indicate a correction in the stock market. >> this front follows the dow's worst performance since 2009. >>> the first woman chair of the federal reserve was officially sworn in. janet yellen was sworn in. the 67-year-old former cal professor was nominated by the president last >>> she will serve until february of 2018. >>> new details on the death of oscar winning actor phillip seymour hoffman. top law enforcement officials say hoffman was found with a syringe in his arm. nypd investigators also found 50 packeted in the actor's apartment which they believe contained heroin. officials believe an overdose was likely the cause of his death. >>> former second lady and passionate advocate for the arts has died at the age of 83. join earn the reputation as join of art p while her husband walter p was jimmy carter's vice president. >>> it may be one of the great stories of survival

and i think going to take a blue chip japanese partner.anese partner of choice is mitsubishi corporation and would not be surprised 50/50 or 40/6 deal. >> great to have you on the show. coming up, printer jam, 3d systems falling on an analyst downgrade and maybe a trade or selling. here's what josh brown had to say about the stock on friday. >> yeah, i took a lot of heat. lots of guys like to come on tv and bash me about it, but the stock's up 20% in the last week. so it is what it is. >> well, we have a trade update coming up next. and later we know how the harsh winter is hurt many companies this quarter, but what about one thing that's benefitting? "halftime" is hitting slopes with the president of killington resorts. more "half" up after this short break. nly know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free

this week, investors will keep a close eye on several blue chip earning reports.ow rose 126 points. the nasdaq composite jumped 116. >>> well, the cold weather has pushed demand for heating fuel higher. and that means higher oil prices. benchmark u.s. crude was up 35 cents for march delivery, topping $100 a barrel. now, once the cold weather moderates, analysts expect the oil prices will drop. >>> websites for the los vegas-based casino sands are back online. sands corporate websites were hacked on february 12th. hackers posted images presenting comments that the company's ceo sheldon adelson made. about using nuclear weapons on iran. the hacking is onsites for corporate sites as well as sites for overseas casinos and vegas hotels. >>> the co-founder of the outdoor gear and sporting goods company cabela's has died. richard cabela died yesterday in home in sydney, nebraska. he started cabela's after 1961, selling fishing flies through the mail. that turned into a firm that billed $3.6 billion in revenue last year. richard cabela was 77 years old. >>> and, anne-mari

. >>> on wall street today, that big drop in coke stock held back blue chip dow. but the nasdaq managed to hit a 13 1/2-year high, notching its best eight-day winning streak since 2011. here's a rundown of today's split session for stocks. the dow lost 24 points, the nasdaq was up 28, and the s & p added 2 points. >>> shares of the nation's biggest home builders all ending a bit lower today after a report showed that home builder sentiment is pretty gloomy. the closely watched index posted its largest monthly decline ever in february. and builders say snow and frigid temperatures in many parts of the u.s. mean buyers are in hibernation. that in term means fewer houses get bought or built. shares of d.r. horton, lanar, pulty homes and others were down today. >>> that record drop in home builder confidence in february has put bad weather in the cross hairs again. but some biuilders themselves sy that's not the only reason for this winter's housing slow down. >> reporter: sure the weather in much of the nation has been truly awful this winter. but not exactly histori

multinational battleship balance sheet blue chips look reasonably valued if not undervalued by some historic measures, have plenty of cash in the coffers to ride out any sort of tempest in the 2014 teapot. we also like europe. we have been out of europe in any direct way really for years upon years, but we began to move back in in december. we just stepped up the trade back in to increase our position there. we think europe is likely to be the bargain of 2014, but you're going to need a good active manager with a proven track record to hold your hand through what could be some pretty difficult times. >> we have a little bit of time left. you did mention that investors should balance their portfolios with some bonds. what kind of bonds? >> well, surprisingly, of course, the one thing that was supposed to perform the worst this year has been performing the best. ten-year treasury total bond funds or the barclays aggregate. so we continue to like investment grades, shorter, midterm duration, but we also like junk bonds. they're more economically sensitive. and a good diversified well-managed fu

he thought he was investing in the blue chip irish bank rakyat east but the states a marvelous institution. he never meant to get in as deep as he did he said. he dipped a toe in the water and ended up with all of the head neck and he is going in. mr quinn admits he built his twenty four percent stake under the radar the former chairman of the times on the spot against chief executive david frum was surprised by the fact that a dentist in september two thousand and seven. names they didn't want him to reach use his stake to the share price recovered after the meeting he priestess tilda quite the reputation you but don't the clinton high and low and heat the nation with the bank was well capitalized. mr quinn said the danes and looked hoping for the whole fiasco i see him isn't he being a food he says i'm the executive's mess and in september two thousand and eight after the bank guarantee to appease and he said they shortened the punk was in the river's health they would all live happily ever after. his son shawn green junior told the court he became aware of the transaction at the center

. >> some of the blue chips are now black and blue chips, right, dom chu? >> they are black and blue chips. bill, kelly, skittishness abounds across the market. the dow is 3% away from being down 10% on the year. that correction mark. the s&p 500 is about halfway to that correction mark as well in year-to-date performance. for those with a stronger stomach who are looking for candidates to maybe buy on this recent weakness, we went trolling around the world of large cap stocks for brand name companies trading at lower levels. look at 3m. those shares are down 10% so far. they're a dow component. then oil and gas giant exxonmobil. those shares are down 11% on the year. it's a do you component. then there's general electric, ge, the worst performing stock on the dow so far this year. down 12%. you also got to look at big names like amazon.com also down 12% and same goes for apparel and retail giant ralph lauren and finally in the transportation sector, look at kansas city southern down more than 18% this year. not too good at least for the rail company but it

. >> it is as blue chip at any stock could possibly be. >> get an inside look. >> i can take your greatest into something else that some people may like more. [captioning made possible by bloomberg television] captioned by the national

the blue chips have risen for two straight weeks this month, but stay tuned, the report from a realtorsles of existing homes fell 5% in january. combination of cold weather, low inventory and rising prices, after peaking in july, home sales have fallen in the last six months. >>> the push to legalize marijuana in the nation's capitol hitting some legal problems. district residents shouldn't be able to vote on legalizing two ounces of pot from marijuana plants. that proposed initiative violates federal law and would prevent the city from evicting public housing residents for possession of drugs. >>> it is now almost 11:00 in sochi. men's curling set to be on tap for the first event tomorrow. you are watching al jazeera america. i'm del walters in new york. more news at the top of the hour, and for updates throughout the day, go to aljazeera.com. ♪ >>> welcome to al jazeera america. i'm del walters. these are the stories we are following for you. the deal has now been signed so how does ukraine move forward? and for the first time in 20 years ukraine brings home the gold. and a controvers

blue chips snapping their rally yesterday. in asia, market ending in the red. european stocks are lower after six straight days of gains there. >> foreclosure filings falling 18% in january, reality track said that is the 40t 40th consecutive month of declines from the previous year. phoenix and detroit seeing the biggest drops, florida, nevada, maryland have gone high rates of foreclosures. >> voters in a small nebraska town approving a law banning undocumented immigrants from renting homes. landlords and renters first have to apply for special permits and verify immigration status. as paul bean be reports, that rule has divided the town. >> fremont, nebraska is the sort of agricultural town you see all over the american midwest. this is a conservative community with a couple of commercial strips and a sleepy downtown. as voters went to the polls, emotions were running high. jennifer bixby voted to throw out the 2010 law. >> it pitted friend against friend, neighbor against neighbor, just today you drive down the street, you'll see a vote no sign next to a vot

disappointing earnings from coca-cola also holding the blue chips back.ing al jazeera america. i'm del walters in new york. for more updates throughout the day go to aljazeera.com. al jazeera america gives you the total news experience anytime, anywhere. more on every screen. digital, mobile, social. visit aljazeera.com. follow @ajam on twitter. and like aljazeera america on facebook for more stories, more access, more conversations. so you don't just stay on top of the news, go deeper and get more perspectives on every issue. al jazeera america. >>> welcome to al jazeera america, i'm del walters. these are the stories we are following for you. back at the bargaining table, the next round of iranian nuclear talks are now underway. [ gunfire ] >>> violent clashes in thailand as police try to remove protesters. >>> san francisco facing problems with its new bay bridge. ♪

the blue chips faded late to finish lower 29 points almost 30 points. that left the dow with its first losing week of this month. the warning flag about home affordable, the national association of rea realtors saye rising costs are making it difficult for people to buy a home. i need you to work me through a couple of issues here. the cost of buying a home is obviously going up. talk to us with what is going on with home prices, interest rates and then inventory. >> sure, so inventory is getting tighter across the country at the same time interest rates, which were at bottom lows are creeping up again at the same time that home prices are creeping up. you have several fac factors tht are making it more difficult. there was bad weather in the last couple of weeks, which probably suppressed some sales. but at the same time it's not as much of a factor because in areas of the country where the weather was fine you were seeing a softening of home sales as well. >> right, so danie danielle, i'o hearing news of an influx into the housing market of these big

i still think the blue chip market is the u.s.. >> also u.s.ke -- when you have 50% youth unemployment or whatever it was, it's frightening. >> it's hard to tell the difference if you just look at numbers. >> almost looks like yi merging market. so if they just get back to some semblance of the way it used to be in europe, that might be good, too. why tech? >> i think, one, tech is a bunch of blue chip companies with great balance sheets. a large legacy tech. and i think the investment environment for capital spending will improve and that is a really big tail wind for tech. >> you mean ibm, oracle? >> yes, the traditional -- >> ibm has stumbled recently. do you think they just come back and that they can win back some clients? >> well are and so i won't talk about ibm specifically, but i'll talk about how, you know, hedge funds and port it follow i don't managers look at tech. traditionally when a tech company stumbles, it's almost too late. but in recent years we found many examples of companies reviving. so i think the play book has changed.

the blue chips up, it is the first time the dow has closed above 16,000 since january 23rd.ning me now to discuss the top business stories of the day. i asked her a moment ago what the folks at home, what is absolutely? what is this absolutely return magazine. >> we are a division of constitutional investors. people controls the billions of dollars. >> beings of dollars. there was talk of charter being a player. >> so this 45z been an on going saga. comcast swooped in at the last minute and. ed their deal together for a much bigger number. >> stunning numbers, so i guess the question, what will this mean? i have a cable bill every month. >> sure. >> i hear this news, will i be smiling when i get that next bill that first bill after the merger? >> probably not immediately. comcast is promised that it won't raise prices -- i don't know if we should exactly believe that it isn't going to raise prices. simplingly they will be the bully on the playing field. they are the two biggest providers. so certainly, they will have more influence, particularly when you talk about things li

blue chips, the s&p, nasdaq all up between 25 and 30%. investors are locking in those profits.he dow is heading towards a direction. right now it is down ant 7% since the begin of the year. >> it definitely is a healthy thing. we can't have the markets always moving up in one direction. there has to be a two steepiest forward, one step back approach to our market. >> wall street is also keeping an eye on the change in leadership in washington. janet yellen was sworn in and investors are hoping for a smooth transition. alexis cristofis, cbs news at the new york stock exchange. >>> still ahead, what is really worth your cash. coming up in tonight's consumer watch, what you should and shouldn't buy at the dollar store. >>> e we meet the last man standing in this historic bay area village. his ties to an important piece of history. ,,,,,, novel. on the consumerwatch, julie watts lan to get cars >>> the car of the future sounds something like out of a science fiction novel. julie watts tells us about a plan to guitars to talk to each other. >> yeah. it is a little scary. called vehi

is flat today but when a nice picture for the blue-chip of the social media world. bell ringing in 39 minutes, facebook's $19 billion deal that everyone is talking about, turned up the heat in the fight for bragging rights among wall street's top dealsmakers and their firms. to are the winners and you may be surprised at who is considered a loser although it feels like losing. charlie gasparino has exclusive details and burnishing goals, not just any gold but olympic gold. three americans have just returned from the sochi olympics after a clean sweep. in the first-ever men's skis will be event the mt. men in the sky and inspirational story for anyone who wants to succeed in business and investing in the face of all kinds of adversity. one from these guys, lessons from the mountain coming up. ♪ [ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. me on in. [ male announcer ] it's h

. >> the blue chips, shredded chicken, black companies, i like to put a lot of vegetables.led jalapeno. you can dip it in guacamole, salsa -- >> i didn't know we could have dip. >> i used greek yogurt instead of sour cream. >> this is my uber healthy 15-layer dip. i used barley for texture, ground turkey instead of beef, black beans and yogurt instead of sour cream. i season the yogurt a little bit. right? there's no more. what do you think? >> uh-huh. >> i sauted mushrooms, garlic, spinach, topped it with skirt steak and there's shrimp in there as well. shall lots and mozzarella cheese on top. >> okay. the three-second rule. i'm going to hang out with you. >> he's a ringer for lester. don't listen to him. >> very hard to answer when her mouth is full of four different chips. >> this is my queso blanco on the website. white cheddar. >> be honest, okay? >> this is really difficult. these are so different. >> be honest. pick mine. >> yours is more like a classic with a twist. yours is very healthy, it's tasty. this eight-layer thing is delicious. >> she knocked off five layer

i think it is fair to say that when we look at things like blue chip economics and things are hovering at a rate that shows hitting her going just beyond 3%, those are the kinds of numbers we are looking at. i think the challenge is going to be to make sure we do everything we can to encourage that growth to continue. making sure that we do the regular business the way this week appears we're going to be doing is important. if we could make some of those investments it would be very much helpful. it would be a good shot in the arm to the economy and it would help in building the future. manufacturing, in housing we have seen values come back in a lot of housing markets. we have seen construction growing, but not as rapidly as we would like. that is an opportunity to do better yet. we have not seen the limit of how much improvement we can get. i think there are going to be ups and downs in the numbers. i spent the better part of three decades advising other policymakers not to react to dramatically to weekly or monthly statistics. look at the trend. >> there are also people who look at

. >> would you say it is ahead of track compared to the other big blue-chip airlines? through a real organization. onre do you think they stand who is further down the road? let's all three of them have big restructuring plans. iag is probably best positioned. they have made the most progress and probably have the least execution risks left. >> we will see you after those are released in about 27 minutes. angela merkel began her speech to the british parliament by telling the audience that she has come to disappoint them. should not weigh in on the debate over u.k. and the eu membership, she said the country shared responsibility to make europe stronger and more competitive. were the comments well received by lawmakers? certainly those under expecting angela merkel to arrive in london with a list of concessions that she was ready to give to the u.k.. they would certainly have been disappointed. she did have one message that .hey could've agreed with >> we need a strong united kingdom with a strong voice inside of the european union. we have that, we will be able to mak

still, the blue chips are in the red, down 5% so far this year. thing is sure, the new head of the fed is very important to markets around the world. harris, back to you. >> that is true. brenda, thank you. >>> a helicopter ended up in a marsh near an airport after it hit a power line and went down. that's our top story as we go across america. >> florida, that chopper is often used for news stories in tallahassee, but this time, a pilot and two others were flying it for fun. on their way back from dinner at a local restaurant. somehow, they clipped a tree and landed upside down in a marshy field. the pilot and another man died. the woman onboard was hurt but is expected to recover. >>> new mexico. police say a couple in al albuquerque stole an hospitambu from a hospital. little did they know an employee was sleeping in the back, then a police chase on a highway for 50 miles. the worker who was asleep woke up and jumped from the moving ambulance. police arrested the couple. >>> arizona. the spirit of pamplona, spain, invading the streets of suburb