thanks very much, stephen wood and david darst. bob, over to you. >> 45 minutes before the closing billion. stocks showing resiliency. we were down 60 points. many big names like microsoft weak on some disappointment over tech earnings. we are set to break, though, that nasdaq winning streak. maria? >> up next, an exclusive interview with labor secretary hilda solis. we will discuss whether the latest minimum wage increase will help workers or whether it will actually force employers to cut more jobs. she joins us in a cnbc exclusive. >> and after the bell despite the recent rally there's still more than $4 trillion sitting on the sidelines. could hedge funds end up taking this market higher? answers today, 4:00 p.m. eastern time. >> but first, here's where the action is on the street today. the most heavily traded stocks at the nyse, led once again by citigroup and b of a. cit also on the list, up today. back in a moment. announcer: the perfect hotwire getaway-- shop till you drop, relax by the pool at a four-star hotel for a two-

richard peterson, david darst. up next nyse euronext ceo duncan niederauer my guest for the hour saying what kind of effect president obama's reform would have on the exchange and the rest of the market. plus after the bell general motors driving out of bankruptcy in 40 days. gm vice chairman bob lutz with us explaining how the automaker can return to profitability, win customers, and when it may pay the government back since now the government owns an enormous amount of gm, some 70%. that's at 4:00 p.m. eastern. first here's where the sax on a friday afternoon on wall street. the most heavily traded stocks on the nyse led by citigroup once again, break 3g a share. back in a moment. >>> welcome back from outside the nyse on wall street. as if they didn't have enough going on, ubs now is looking for a head of its u.s. wealth management business. charlie gasparino has been reporting this breaking story today. he's on the telephone with more details. charlie, what do you know? >> how are you doing, maria? there's a sh

and david darst at morgan smith barney. the guy with more business card print than anybody ever. >> thank you. >> we're having the best week for stocks that we've seen since the trough in march.. a lot of people saying thin volume, summer, whatever, that we're going to give it back next week. >> matt, the bullish to bearish ratio is right at the same level it was march the 9th. that's 27% bulls, 54% bears.. this pullback we had, this 7%, 8% sell-off that this week has now reversed is basically the sentiment is still very negative.. valuation is not the key determinant. the key determinant will be earnings. you look at ibm, some of the drug stocks this week, google this week, the earnings have come in nicely, and the guidance is coming in nicely. what management's talking about, they're sanguine, constructive, positive about the future. intel is another one. so we like the market here and can see it run some further. >> so is this a bull and a bear? what do you think? >> if we close positive on the nasdaq today, it's going t