that was mary will singleton and maya dillard's for. the rights of girls and women were once guaranteed under title nine but new laws are racy means right by blurring the lines of what it means to be female while many trans people face discrimination and have been victims of hate crimes discrimination is not the same as oppression and transgender people are attacked personally because they do not conform to rigid gender stereotypes stereotypes that need to be eradicated girls and women are forced into a category at birth they have no choice and they should be allowed to defy how they band together to fight massage any and patriarchy and build a collective consciousness be a ray sure of this sisterhood is a gift to patriarchy which in an age of neo liberalism seeks to turn everyone especially the most vulnerable into commodities we must acknowledge the reality of the social humiliation directed against girls and women especially since in times of social disintegration they are the ones along with children and the elderly who usually suff

add up all these spin-off, barry dillard has created $40 billion in value. that's big.sidering iac is only an $8 billion company. what iac does when they find a winner they know how to monetize it and exact value and spinning off a hot business. let's see what allowed this stock to rally recently. they have rallied 170% from its lows in february of last year. it's worth noting this came after a sell-off where the darned thing was more than cut in half. the stock is up more than 20 bucks from its 2015 highs and nearly 70 points from its 2016 lows. it got here by doing what it does best, doubling down on a hot business and monetizing it like crazy. they may seem like a jumble of holdings. right now two companies is the profitability of its growth. match and home advisor. half of their segments are losing money and still investing in theirselves for future growth. that's what we want as an incubator. last year match group alone made up 80% of the interest, taxes depreciation. the remaining 20%y home advisor. if you want to understand the performance of iac stock. look at t

today we discussed the assault against girls and women with feminists mary lou singleton and maya dillard smith how do you create accommodations for transplant ball at the same time that we don't overly or necessarily and framed on the rights of others when men or children or parents i think children should be able to do whatever they want that how what does it mean to live as a boy or live as a girl other than sexism. with chris hedges. patriarchy across the globe plagues humankind. female fetuses are aborted from the womb because they are considered less valuable than males girls are sometimes smothered in infancy women and girls are sold to men as rape and breeding slaves they endure genital mutilation they are trafficked and forced into prostitution they suffer court ordered says arean operations they are in many places denied abortions and access to birth control they are considered in some countries as the property of male guardians and they are often denied education and economic equality biological sex remains a potent form of oppression driven by geo social political religious at

>> that's why i mentioned dillards because the family stake is like that too. nordstrom and a dillards and some of it depends at the point and time where the companies are in the investment cycles. >> in terms of going private, you don't necessarily need a family stake in it you need a significant shareholder to lead the way and an equity partner. getting back to the debt loans, the private equity don't want a balance on the debt sheet. are there any other companies that fit that slice of the view? >> look what you have lately, you have chatter about acrow com me and the position that will come there, there's another where the discussion is going on. in the past there's been a discussion with gap separate their businesses but it doesn't seem like that's in the cards right now. >> dana we're going to leave it there. thanks for phoning in appreciate it. >> i realize i largely asked the same question you just asked. the viewers wonder how could that happen, it's not that we're not listening people are talking in this ear so i can't always hear what's happening in

and dillard's, one out of 12 is a woman. all right. that. >> and look at those companies. who do you think shops in those stores? >> we'll let you answer that. >>> some news this week on a story we've been covering, housing costs, this concerns everybody. one-third of u.s. households are so-called cost burdened by what they pay for housing. this is a study put out by harva harvard. it means that they are paying 30% or most of of pretaxed income to housing dosss. 19 million households are severely cost burdened which means they are paying 50% of their income on housing. >> half of what you bring in goes to your rent. >> if you're in l.a. or new york or boston or san francisco, you'll be looking at there in shock obviously in some of those places that will be different. but on. >> on average, 30% is a number you should go for. >> and of those 19 million in the severe situation, 12 million are outside of cities. so it's not just an urban issue. and staying with housing, we're here to help. one last fact check for you. president trump was

out xr up more than 3% it was a number of department stores that actually outperformed, kohl's and dillards up 5% tj maxx, up 4% macy's and j.c. penny both up 4% is that th the start of a retail resurgence let's go to the man who called the worst chart in the whole world. >> it has been for six or so months making it a series of higher lows and lower -- you got it got the point. here's the deal. we are overstored as it relates to department stores they've been going down for almost two years now, the fact we're startingto see these bounce a little bit after a series of strategic deals. back to the amazon purchasing whole foods for $14 billion. the announcement that i think helped nike a whole lot today. that they are going to be opening a store front on amazon, a digital store front. these are strategic deals. they speak to the challenges in retail and when you look at the store, we know this well that there is just way too many of them. they need to consolidate and close some of the underperforming stores some of the names have a lot of opportunities as it relates to the real estate market

today we discussed the assault against girls and women with feminists mary lou singleton and maya dillard how do you create accommodations for transplant ball at the same time that we don't overly or unnecessarily and framed on the rights of others and when man or children or parents i think children should be able to do whatever they want that how what does it mean to live as a boy or live as a girl other than sex is something. wrong with chris hedges. patriarchy across.

when they talked about going private earlier this week, but you had other big winners including dillardshe week. here's the bottom line, you must always have a balanced portfolio, okay? because with the best names in several sectors and a lot of times you want to be in sectors that are not hot because that, as today proved, right, what's not hot can become hot, and what's cold can become hot. so in other words, don't always chase. in fact, the rest of the market in my mind is starting to break out. the dow made a new high, the russell 2000 made a new high today. that is great news for investors. one of areas you've got to be in, those infrastructure stocks, that dirty fingernail report i told you about? a lot of those stocks took off. go to wstreet.com for that. street week tonight, special guest egyptian billionaire and developer, najib. >> i also want to do my contribution. we can't just stay like that and watch them continue doing that, continue lives going down in manchester, in london, in paris and everywhere and nobody's doing a damn thing to stop this. charles: you'll see the full

nordstrom dropped, dillard, kohl's all driving 4 to 5% today.flix and apple gaining more than 30%. isn't that great? these names are getting crushed. macy's down 40%. j.c. penney, target,24%. to your point, neil, amazon has seen 155 million people in the first quarter running to amazon.com. that is over 60% of all internet users here in the united states of america. the second retailer is not even 5%. so just shows you when a behemoth amazon is and what the retailers are facing. >> neil: incredible. nicole from the new york stock exchange. john kelly just said something very frightening today. and i mean really frightening. not about what's going on across the pond, but what could be going on here. >> nei >> in many, many cases the refugees have no paperwork, have no passports. we have to take their word for it. in the past, we exercises too much good faith and i think the things that we're looking at is okay. if you don't have a passport, you have no proof of who you are, we need to know some additional facts and figures about you. >> neil: doe

cook was named president of dillard university in new orleans, a position he held for 22 years untill d. cook, educator, activist and for 57 years husband to sylvia, died last week at home in atlanta. he was 88 years old. we started service dogs for heroes because we know how important a well-trained service dog can be in improving veterans' lives. we want every veteran to get this help. petsmart charities and blue buffalo share the same values in helping others. that's why we're partnering with the goal to raise $1 million to support service dogs for heroes. help us reach our goal by visiting petsmart between now and july 4th to donate at the register. petsmart for the love of pets. that airline credit card yout? have... it could be better. it's time to shake things up. with the capital one venture card, you get double miles on everything you buy, not just airline purchases. seriously, think of all the things you buy. great...is this why you asked me to coffee? well yeah... but also to catch-up. what's in your wallet? >>> all right. we close this morning with a look at what's next t

dillard's down 4%. selling across the board. big picture you saw all-time highs but there is a lot to digest other than the markets to your point. david: tough time for macy's. melissa. melissa: gold finishing at highest level in seven months settling up more than a percent to 1297 an ounce driven by conflict between saudi arabia and qatar and a weaker u.s. dollar. oil ended higher snapping a two-day losing streak ahead of a government report expecting to show ninth straight weekly decline in u.s. supplies. david: white house pushing forward with a packed agenda. president trump meeting in the white house. he is working hard on his agenda. >> we' working very, very hard on tax cuts and working very, very hard on health care. i think we'll have pleasant surprises for a lot of people. david: let's hope they are pleasant. adam shapiro outside with details. reporter: anthem's decision to leave ohio will leave the obamacare insurance exchanges without any plans in 20 counties. indianapolis-based anthem setting prices for insurance pl

kohl's,macy's, dillard's, on the upside the first i think this.ollow these stocks and why not, they keep going up this morning. facebook is up. amazon 1013 per share, fractional loss for microsoft. alphabet $1005 at this point. apple is holding virtually unchanged at 155. got to show you tesla. that thing is still, well, earlier this morning, hit an all-time intraday high of about 364. it's now at 362. that is a high during the trading time, i believe. got to get the technicalities right. liz: there you go, you did. stuart: all right, we're off and we are running. and we have the market opening with a 5-point gain as of right now. okay. let's suppose we come to about 1:00, 2:00, this will be the end much the comey hearings for this day, i think. they're scheduled until about then, where do you think the market is going to be the end of the hearing? >> i think if the president is quiet, we get what we got yesterday, the market will breathe a sigh of relieve. months by month, markets aren't spooked by drama. if we don't see a change of evidence, mar

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he's looking over this issue as a graduate of morehouse college, formerant of dillard university and since i see he's ready to get up here i'll invite him to the electric turn. >> thank you very much gerard. i want to thank you for your leadership in bringing this, i think, very important conversation to the american enterprise institute. i live in the neighborhood. so i'm also going to welcome you. i've watched this renovation occur and said when are they going to invite me inside. glad to be here. you know, i think we often do talk about hcbus looking in a rearview mirror. it's very important now to take this occasion to talk about the road ahead. to talk about the future, to talk about innovation, to talk about change, and at uncf we recognize the importance of institutional change. to build institutional capacity, we understand that higher education is right now at a cross roads where institutions need to be to reorient the business model to be more student ready. unc has been providing scholarships to students for nearly 75 years now. we award about a hundred million dollars of

penney getting kicked out of the 1,000 into the 2,000 a little more than $1 billion market cap and dillard's former darlings, groupon, fitbit getting kicked out watch one big name going into the 1000 and amd has had a great year that's been a big, big mover >> sometimes reality hurts speaking of reality, the bank stress tests coming up in about 30 minutes stay tuned for that. sheila bair will react to that on the second hour of the "closing bell" with kelly evans, and i'll see you on there as well momentarily see you in a bit, kell >>> thank you, bill. welcome to "closing bell," everybody. i'm kelly evans. let's lock at how we're finishing the day on wall street the dow dropping about 12 points on the bell. art cashin mentioned we had 350 million to sell. pushed us down ten points. we were in positive territory for much of the session, really since the senate released its version of the health care bill. we saw the insurance company, the hospitals leading these indexes higher, but that did moderate with the dow dropping 12 or 13 points on the close to fall below 21n100 and the nasdaq managed

. >> dillard's up 5% bob, thank you very much bob pisani coming up, the british government delaying fox'sy news what that means for murdoch rupert's media empire. the power of 100 of the world's top companies. the power of a proven 15-year track record. the power of an etf. the power of qqq. the thinking we put in, clients get out. power your client's portfolio at powershares.com/qqq. before investing, consider the fund's investment objectives, risks, charges and expenses. call 800-983-0903 for the prospectus containing this information. read it carefully. distributed by invesco distributors inc. >>> welcome back it is time for our cnbc news update. >>> thank you very much. hi, everybody. here's what's happening at this hour the white house says president trump will meet with russian president putin at the g20 summit next week in germany. it did not say whether the president intends to address accusations that russia interfered with the 2016 presidential election. iran says islamic state leader al baghdadi is indeed dead the isis leader has frequently been reported either killed or wounde

nordstrom family have created a group to the about taking the company private and macy's, kohl's, dillard'sg on that news. you are having this record rally in the nasdaq with the dow flat but oil getting really beat up, now down almost 6% in just two days. this is the inventory number yesterday and this is news that iraq selling oil to asia for less than it did before. a really negative sentiment, putrid sentiment of what energy aspects of and that dynamic is a new market but analysts relatively optimistic on the actual underlying equities. a different board, price targets for energy companies in the s&p and all of the other -- other rise in energy a 24% equity prices in the next 12 ,onths, versus financial firms 12%, or consumer discretionary at 8%. even utilities barely coming in at 2%. on the one hand, prices getting hammered but analyst relatively optimistic on share appreciation, which one will give first and what is the implication for the overall market? jonathan: good question, thank you. two or three minutes into the session but big things in the diary on thursday, one down and two

kohl's up, dillard's up cents, that's not a recovery. and sears are closing more stores.hey're trying to bring sears and kmart to profitability. who is with me on a wednesday morning? big smiles, please, liz macdonald, elizabeth peek, art laffer. republican repor republican-- public reports that james comey is going to testify tomorrow. >> i think it's neutral for are the market, i don't think that anybody is pricing in a bombshell. or the absence of a bombshell, i don't think it's going to make a difference. the market is fully priced. stuart: art laffer. >> i agree with the previous statement except i don't think they look fully priced. i think we've got long way up to go in the markets over the next year. stuart: okay, liz peek. >> i think if james comey takes the high road and tries to dampen suspicions of donald trump, that would be huge for the market. stuart: that's american politics as we run up the super bowl of hearings with james comey. >> that's right. stuart: now let's turn to the brits. a big election tomorrow. now, do you think, liz peek, that the results c