my tnks to bob shiller,hank you very much. >> my pleasure. microst and yahoo! announced sterday a partnership in the search and advertising business. under the deal yahoo!'s website will be powered by microsoft new sear engine, binge. yahoo! will t 88% o the ad revenue from searches onts tes for the first five ars. wi the parership the two hope to ta on google which currently commands about 65% share of the u.s. market. reement follows microsoft's faed take ov bid for yahoo! showshe continuingmportance it is placing on search. joining me from redmond, washington, is nick n field of the "wall street journal." here in new york, th me, steven levy of "wire magazine an erick schonfeld coed for of chcrunch blog. i am pleased t have all here. nick, telle, how this deal happened first. >> it startedast year wh the e.o. of mrosoft, steve bamer, making a unsolicited bid for closed to $48 billion to acquire i can't ovment never happened, yao! resistedhe offer. temp apartfast forward to about janry, yahoo! has new c.o., carol bartes and microsoft and yahoo! start lking ab

my thas to bob shiller, tnk you very much. >> my pleasure. microsofand yahoo! announced yeerday a partnership in the search and advertising business. under the deal yahoo!'s websites will be powered by microsoft new search engine, binge. yahoo! will ge 88% of the ad revenue from searches on i sis for the first five yes. withhe partnship the two hope to take onoogle which currently commands about65% share of the u.s. market. agement follows microsoft's fail take over bid for yahoo! shows t continuing iortance it isplacing onearch. joining me from redmond, washington, is nick wi field of e "wall street journal." here in new york, wi me, even levy of "wired" magazine and erick schonfeld coed for o techcrunch blog. i am pleased to have all here. nick, tell m how this deal happened first. >> it started lt year wit the c.o. of micsoft, steve ballr, making an unsolicited bid for closed to $48 billiono acquire i can't homent never happened, yaho resisted t offer. temp apart, st forward to about janua, yahoo! has new c.e., carol bartes and microsoft and yahoo! start tai

case-shiller not moving storks thus far. bob miss sean know. going from a drop 68.1 to 7.1 is not to celebrate this morning. >> not particularly great. we've got to get bottom in home prices. we've just got to find some kind of way of stopping the price decline. once interesting story that the traders are talking about. conspiracy theorists are back. they're saying they're going to issue a report that the big price swings in oil are largely due to speculators. tra traders used to laugh at these theory but they've become increasingly popular in the last yore or so. so we'll see how much traction that gets. office depot down 16% right now. going to open very weak. posted a much larger than expected loss. the overall problem is cost cuts couldn't outweigh the declines. coach down 6%. coach has had a huge run in the last two weeks. moved up about 20% in line for the earnings. top line may be a little bit light. maybe comp store sales down more than expected. but the stock has had a great run, so wouldn't be surprised to see open to the down side. v

bob pisani is here at new york stock exchange. >> folks, they have good comments on the case shiller numbers. the dow dropped 100 points. don't focus on that. we know those are notoriously fickle. the stock, the watch word for stocks is resiliency. four days in a row, haven't you noticed this? they try to push stocks down and then midday they rally back. the dow is down 100 points, 20 minutes ago, it was almost even here. it's filling back a little bit. tech stocks lead in the middle of the day, home builders leading as well here. case shiller numbers potentially are a game-changer. still too early to tell. for the first time since 2006 it, home prices went up compared month over month. i mean from march -- from april into may. that's very important. we saw 17% drop compared to a year ago. that's not good but the rate of decline is slowing. here's a reality check. from the peek home prices in the 20-city index 32% off peak. these are showing improvement. the analyst community putting out notes that reflect that. in a nutshell, the recent data suggests the decline in u.s. house prices coming to an end much sooner than ex

bob? >> the problem is the allrally looking tired and the sector is starting to slowly roll over here. we had good news this morning, case-shiller home price index, some stability there. but when the consumer sentiment came out at 10:00 a.m. eastern, it was leer than expected and we sort of just rolled over here. one sector that is holding up very well, and i find this interesting is some of the health care names, hmo names. remember aetna? ah, but they're in the in government-assisted programs. they specialize in medicare and medicaid. they had very good numbers and raised their guidance so that was up. coventry was also in government-assisted programs like medicare advantage programs. they also have hmos. they had good guidance, as well. they're on the up side. even aetna which was down yesterday allows the earnings and guidance up rather nicely. look at these nice double digit gains. let's talk about what is weak here. crude is down, but the dollar has been rallying here and that's a problem for stocks and commodities on days when that happens. big energy names are weak. valero, one of the rephoners, has disappointing numbers