i want to get back to dom chu. news on yahoo!. >> so yahoo!aid that in a regulatory filing, it has approved a new $2 billion additional share repurchase program, so, again, yahoo! board of directors has approved an additional share repurchase program of $2 billion. that's according to a regulatory filing with the s.e.c. so, right now, it looks like those shares, up about maybe two-thirds of 1%, about $200,000 shares of volume, but interesting news on the share for purchase front. >> thanks a lot, dom chu. you like this? >> i like buybacks and i think some investors are afraid of acquisitions that aren't so great here, so buyback would probably be preferable. >> it shortens the rope of which marissa could hang herself with. >> and they're still very tied to alibaba, they won't have this tax spin until the second half of the year. so they need to figure out how to keep this stock going and create some value for the core. and that is the biggest worry, that they take this cash and go and make bad acquisitions. that's been the biggest knock agains

it doesn't seem it was at all a nefarious pressure on an "options action" day. >> dom chu. thanks, for that. >> as dom led in, s&p rebalance. so you don't know where the money is coming from. there is a lot of different times of shops, your pension funds, mutual funds and your hedge funds. so you never know who is rebalancing. where the money is going. i wouldn't read too much into this. they are taking from one, selling into another, vice-ve a vice-versa. apple is up 14% 84-to-date. so maybe somebody trimmed the bell. that's where the numbers looked at. >> shares are soaring to an all time high after releasing better-than-expected data for the drug for alzheimer's. they are showing no signs of stopping. the nasdaq climbing this week alone. jeffrey borges, thank you for being with us. it seems like you are a bear. biogen is one of the lowest on the streets. today we had everybody and their brother raising their price targets to as high as $535. why do you remain at 356? >> look, there is an awful lot that used to be done on this drug. today we saw the first data. it was ver

dom chu has three names some say are poised to pop. dom?ician there, scanning the most technically or chart ready to break out to the upside. we then paired that with the highest analyst estimate potentials begin analyst estimates, in fact and here's the names that came up 15 of them put restoration hardware as one. you see here we broke out around this level and found support right there and moving to the upside right now restoration hardware with an average target price of $103 implying possible 12% upside if you believe the analysts' estimates. another one here as well. let's clear this one. this is oil refiner, tsesoro, they are gapping higher, and refiners benefit when they widen, there's consolidation here but the average target praise is $152 implying a 17% upside from current levels and then the third one here that we're going to highlight is interesting as well. another large cap name one you don't always talk about, but it's united technologies. you think otis elevators, aircraft engines, you can see here, a nice breakout here, an

and later dom chu introduces us to a new text message concierge service that can deliver you pretty muchong as you're willing to pay a price. it's a debut of a new segment called "chu on this" and it will literally be magical. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. >>> my next guest says if the economy and especially the middle class are really going to recover from the recession, it's time to jump start u.s. manufacturing. joining us now is dan dimico author of "american made" and former ceo of nucor corporation. we have heard this message umpteen years. the dollar value in this doesn't is at all-time highs, it's just that the employment level itself is still very low. are you saying both of those need to continue to move higher? >>

our bear hunter dom chu tracking them. >> we are tracking bears. about half the stock in the s&p 500 now are trading at some negative momentum levels. they're below their 50-day moving averages. short-term momentum. so chart watchers like to look for some of these signs as maybe an indication of future trends going forward. one of the things they're looking at is called the death cross. it's when the short-term batting average for a market or a stock goes below the long-term batting average. it's a sign of the shift of momentum. there are about 20 stocks in the s&p right now that are showing those science. we picked out three of them because they are more well-known names and they are showing signs of possible momentum going forward. johnson and johnson, the drug and consumer giant, is one of them. it's been a steady performer, but in the last few months we've seen this trend to the downside, you can see here and that orange line has drifted below the green line. >> the orange line is the 50-day moving average. >> and the green line is the 200-day

thank you, dom chu. loco, shake shack, habit. ipos hot out of the gate and then they fizzle. what? >> and they do fizzle. a name that guy talks about a lot, jack-in-the-box. it's up 22% year to date. el pollo loco up 18%. i would stick with jack-in-the-box. i don't know what's going on with the chart but it looks great. >> nosebleed territory. >> but it's been nosebleed territory for $25. dan did a great -- what did we do the other day? mcdonald's should buy shake shack? but mcdonald's should, you know what? forget shake shack, shea they should buy shack. a huge mistake. huge mistake. huge mistake. >> you think they should buy all of jack? >> why not. it probably would, an $8 billion, $9 billion, not ridiculous. >> guy just mentioned that great call i made in shake shack. the reversal today, 14%. you know, after lowering same store sales, they guided the full year revenues about $160 million for the year. mcdonald's does $70 million in sales a day. so these guys have a lot of room in my opinion. the price action today just tells you people want to own it here. i think you own

one of your strategy guys put out a note, i want to quote from it, plays to what dom chu was talkingbout, with the addition of apple and factoring in the visa split the volatility of the dow will increase by 4%, currently a $1 move in any dow jones industrial average member moves the dow jones index 6.5 points or thereabouts. after the change, that same dollar moves the dow about 6.75 points. so you want to speak to this notion of this increased volatility because of the visa split and apple being added to the dow. >> i don't think it's that much increase in volatility. i think the real interesting part is more technology oriented and therefore it's going to move closer to the s&p because you're taking out a nonperformer and you're putting in 5% weight into technology and already have hue let and ibm. ibm is more important to the dow than is apple. >> it's funny, a lot of our data folks and market reporters have been putting out some really interesting stats about this. how about what bertha coombs put forth earlier today, that nasdaq listed tech stocks have been cursed after being a

dom chu out.ou look at what's happening financials up 0.4% right now the leading sector in the s&p 500, in this all ahead of today's afternoon results of the fed stress test results where we'll see whether the capital positions at some of america's largest banks is up to snuff for possible capital return. look at the financials index moving off its highs but the big names the focus, names like citigroup and bank of america, jpmorgan, goldman sachs, the names that every investor wants to see pass these tests if they are able to do so maybe capital return plans get green lighted. so again, simon, financials very much in focus whether or not these banks pass those fed stress tests. back over to you. >> closing bell 4:30s this afternoon. >>> up next the fallout from the strong dollar in europe. how is it affecting one of germany's key export industries. more on that when we come back. . >>> no doubt about it a big exporter in the eurozone like germany it's bund time with the euro almost collapsing. ph

dom chu has the fcc statement.oon and tell us exactly what thef cc is saying. the bottom line is neustar has had the telephone number portability contract since 1997. there are headlines that suggests ericson has gotten the contract vis-a-vis the fcc, will get the contract or is maybe perhaps being discussed as possibly getting the contract. so there's a couple of different headlines out there from street account, from bloomberg, whatever else you might say, as to how much it's assuredn eustar will not get the contract our may not get the contract. the stock as soon as these headlines came out, it looks like melissa, the market -- and there were headlines to the effect of they're not going to get the contract anymore. >> right. >> but apparently there's some conflict about whether or not the fcc has made a decision or is thinking about making a decision. >> ericsson's stock is telling me it has not made a decision. it may be a case here because ericsson stock is down half a percent or so so really not moving on the

go back to dom chu.a. >> what we have right now is reopening for trading of altera. the stock is up 19 now 20%. remember, it was paused for volatility on a dow jones story that intel was possibly in talks to buy the company for about at least -- there's no details but it was worth about $10.5 billion going into today. the stock is now up 21%. we're also seeing shares of other semi-conductor stocks take a little bit of a rise here. notably what's happening with xylene shares. some takeover chatter possibly here involving intel maybe buying altera. that's a dow jones story citing sources sending altera stock up. we'll be watching that and the other seem my conductor stocks as we head to the closing bell. bill kelly, back over to you. >> there's a sector already that's been in focus because it was under pressure. >> exactly. >> we had this whole discussion is it a leading gauge, is it not. update from dom on that important story with 20 minutes to go. >> and the dow is up 47 points all of a sudden. we've ha

. >>> and i'm not sure whether that's good news or slushy news but dom chu a market flash? >> i do. watching shares of what's happening with one of china's leading internet tv companies. the shares hitting 52-week lows today. the company's earnings report yesterday showed losses continued to deepen rising to $143 million. a loss of $94 million in 2013. revenue last year grew by 33%. a flip side of that story. youku listed on the stock exchange, questions, inquiries with regards to its accounting in the past so those headlines, at least, possibly weighing on those youku shares in trading today. back to you. >> thank you, dom chu. >>> the snowstorm on the first day of spring got us thinking about all the puddles around the country that need filling. guess what? there's a trade for that. the infrastructure stocks that could get a springtime bump plus the dollar demem la. u.s. stocks battered by the strong greenback. talk more about the double edge sword of that going forward. do you have something for pain? i have bayer aspirin. i'm not having a heart attack, it's my back. i mean bayer

over to dom chu. >> home builder stocks are up more than that that on the heel of the better than expectedwhich sits at seven-year high. share of k.b. home lennar you name them all upside standouts in the market. also trades to watch as we head into sara afternoon session. back over to you. >> yep, after we saw the build in new home sales, highest since february 2080. >>> one of the most powerful women on wall street to become one of the most powerful women in silicon valley. ruth porat stepping down to be cfo of google. mary thompson has more. you've spoken with her a number of times. >> that's right. leaving a firm that she's called home 28 year one where porat served as investment banking, covering tech and financial firms and part of the senior management team. in a memo ceo james gorman wrote with a heavy heart we see her goal. ruth's work has been instrumental in putting morgan stanley on our front foot again. named cfo january 2010. when she joins google the tech giant will be getting an executive who not only has deep experience running a balance sheet but navigating corridors of w

first, look a a potential red flag for the markets with dom dom chu. >> transportation stocks referredading indicator for the overall market and economy and the reason why is dow theory a component of it saying the stocks lead the way. look at the dow industrials against the dow transportation stocks. you see a market under performing year to date. one is negative. dow transportation stocks have not made or vehicle dated the record high seen in the overall market. this is why it's important for traders out there. reason is when the transportation stocks tend to start underperforming the overall market you worry. maybe moe ten tum is going away. this is a chart here of the dow transportation stocks, and how they are valued versus the s&p 500. the more positive that line goes, the more momentum to the upside. outperformance for the transportation stocks. you can see here that line is starting to level out and turn negative negative. that's why chart watchers or technicians are worried. that, according to the carter braxton worth. he says there's names to watch as ones that are maybe tech

dom chu has the details. >> so oil contracts are trading mo actively right now and right now they're down almost 3%, 42.65 the last trade we're seeing. this after the american petroleum institute released its data for inventories, showing a crude build. an inventory build up 10.5 million barrels on average, street account analyst estimates are looking for a build of 3.1 million barrels. so a build that's more than three times the size of what analysts were looking for, hence the weakness in the crude oil trade. remember, oil was already at a six-year low going into this number. it seems like this could add to some of that momentum to the downside, guys. >> thanks a lot, dom. we're also getting another inventory number tomorrow. how are we setting up on the oil -- i mean, they were talking about the unloved energy stocks, maybe unloved for a reason. >> and now you're starting to see secondaries with some of these companies, in a cash flow buying. secondaries and stock prices have become crushed, it becomes this vacuous cycle. it's still telling yo uh that crude oil wants to trade lowe

dom chu has a look at where we stand right now. >> here's your reset halfway through our trading day.ake a look at what's happening green across the board for stocks, the dow up almost 200 points near the session highs about a percent. the s&p 500 up about 20 points. as percent to the upside. the nasdaq composite trailing for once out there today, only up about 0.9%. up 42 points for the nasdaq. take a look at where the sector heat map is the action so far today it is also green across the board. all ten sectors again very much in positive it territory. energy and discretionary stocks lead higher. the notable laggards health care and utilities. health care has been a hot sector. take a look at the macro picture ov overall, crude oil getting a bounce back today above $46 a barrel $2 to the upside nearly 5%. gold prices up about a percent today as well. we'll watch that trade happen and the dollar index in a rare move we see a down arrow for the dollar down by about 1.25% to 9795. again, below that 100 mark interesting right now we'll see a bit of reversion to that trade that we -- the

jason day and dustin johnson and dom chu. >> thanks for having us. >> they will be in action on thursdayad kadsedy lack championship. we go under the radar, one of the traders is flagging a run up in firearm stocks and hard hit lumber liquidators getting an upgrade to buy. the analyst that made the call is coming up to defend that position. >> the halftime report with scott wapner is the place for market moving interviews. >> when you see large currency and price moves in a commodity like oil you have to be worried. >> real money. >> what makes things cheap is uncertainty. >> real debate. >> buy every canadian oil stock there is. >> the most profitable hour of the trading day. >> do you think dick costolo will leave that job some. >> we think there's a good chance he's not there within a year. >> the halftime report, week days at noon eastern. can it make a dentist appointment when my teeth are ready? ♪ can it tell the doctor how long you have to wear this thing? ♪ can it tell the flight attendant to please not wake me this time? ♪ the answer is yes, it can. so, the question your custome

health care, dom chu at the market flash desk with a look at the moves related to sko tis. >> the supremert of the united states, only sliver of green for the s&p 500, the health care names are rallying. the hospital names in particular, tenet health care, hca universal health up significantly although off of session highs right now. see they're up from 2 to 6% as the supreme court is hearing that case that could decide the fate of obama care. supreme court justice anthony kennedy said earlier in comments there is possibly a constitutional problem with the way that obama care challengers are reading the law. those stocks are helping the health care sector turn positive. the only s&p sector in the green. the supreme court and possible, again speculating about what could happen with any decision down the line helping to propel some of the hospital stocks at least. back over to you. >> thanks. pete, clearly the sector getting a bump off what happened at the supreme court. >> it's not just the hospital stocks. take a look at big pharma names, bristol, merck, pfizer, and then take a look we ta

cnbc's dom chu with a look at how we got here and where we're headed. did. and i believe i was at a competing network at the time and i beat you. you were in second place back in 2011. i had picked uconn that year. if it makes you feel better i picked villanova in my bracket as well. and it's been -- you know i don't even want to talk about it. between iowa state and -- i pick sod many wrong ones. >> me too. i know. anyway, we've beaten this to death. but i fall you and pick villanova. that's what i get. >> i wish i could have something better to say about that. at this point i'm hoping kentucky just loses. i like kentucky but they're the only shot i have of doing anything is if everybody else gets taken out. >> i want north carolina state or michigan state or xavier to win. >> i would do. anyway, let's talk about this. becky had mentioned this idea that the dow has turned around right now which means we could have the possibility of testing that record territory again. so let's take a look at this market record trifecta. between the dow, s&p, nasdaq we

chu. hi, dom. >> if you look at where we are this year, it's been a volatile one. year to date flat. down half a percent. there's been a lot of volatility. it's led to pretty much nothing in terms of the overall move in the market. now if you take a look at at least this particular month, right? just in the month of march that's where we've seen a lot of this down side move happen for the overall market. this right-hand side of the screen. take a look at this. over the past month we've seen this s&p 500 drop by 2.5%. but the financials are the best performing sector so far in march. even though they're down half a percent, they're outperforming the whole index. the notable lager here is the energy sector. that's down 6% as measured by the etf, the xle. that's the one that tracks the energy sector. if you look at the outperformances, take a look at pnc financial. on the financial side of things. the bank stress tests came out this week. we saw a lot of these banks pass with flying colors. those shares are up 4%. one of the leading gainers in the financial index. meanwhile, you contras

it's funny listening to dom chu run through the day's movers.ame like cisco, for example, is not even back to half of -- it's about half of what it was at the peak of the boom. >> right, but the nasdaq 5,000 going into 5,000 has grown from a growth value -- growth stock into value. so if you look at a lot of the names, they're trading at a lot lower pes and they have great cash on the balance sheet. dom mentioned going. . 16% of their market cap is in cash. they can deploy that wherever they want whether that's overseas buy back shares. >> google got upgraded late in the day. just a quick check since you mentioned it. it's up 2%. >> i'm chuckling a little bit because people are saying it's not your father's nasdaq. in a way it is it's your grandfather's nasdaq. these are a names that are a little steadier and have matured and have businesses behind them. >> look at the biggest biotech in the index. it's gilead sciences. it's trading at under 11 times pe and it just implemented a dividend, and so 1.66%. >> but it's not the biggest ones we really

dom chu at hq with more. >> by a quarter of a percent. terms of the way the interest rates move. so it's a down day for the markets overall but one that little sliver of green there is holding up for utilities. among the leaders today, nrg energy and aes corporation and ameren, some sectors in focus as we head towards day one. and day two of the fed interest rate meeting. back over to you. >> with an ipo expected to price tonight, goldman sachs is highlighting the role of the shadow banking system in the economy. mary thompson has more on that. >> you know since the financial crisis banks have been dialing down on lending to a certain part of the economy because of steep capital requirements in place for riskier loans. this is fueling rise of the shadower of unregulated banking system. goldman sachs taking a baby step with the goldman sachs bdc business development corporation. bdc's provided credit to low rated middle market firms. goldman's bdc expected to price between 20 and 21 a share, 6 million shares in 900,000 share overallotment

dom chu has more back at hq. >> honorable mention to energy stocks and second place, barely in the greenity stocks standing out here. both day of the two-day fed meeting the sector has been outperformer and a wide margin today, shares of ppl, public service group up by a percent or more in trading today. a sector than fallen by 10% since just the end of january on fears of the fed interest rate hike. so today it might be bargain hunting though any shock from the fed could lead to more volatility specifically in utility rate sensitive type stocks. back over to you guys. >>> over to the cme group, collect in with rick santelli and the santelli exchange. >> hello, carl. a second fed official we'll have richard fischer on friday to make it a trifecta. i'd like to welcome former dl erer dallas fed president, robert mcteer. thanks for taking time this fed morning wednesday. >> my pleasure rick. >> listen i know that we could do a lot of debating about should or shouldn't the fed normalize policy. but before we get to that it certainly seems though the recent spat of data flowed talk that the f

let's get more from dom chu. >> if you look at it one sliver of green in an otherwise sea of red fore sector is a defensive play notice mark. of course known for heavy dividend yields. today's standouts, ever source energy xcel energy entergy, excel lon. all up by around you can see there 1% to 2% today. every single stock in the sector is green on the day. there are 30 of them right now in the index and i think all of them are 29 of them in the green. back everybody to you. thanks, dom. and on that note treasury yields lower across the board. out to chicago to the cme group. rick santelli with the santelli exchange. good morning, rick. >> good morning, sara. for viewers, plight know yra harris, one of my favorite guests. fired up today. >> not me. i went to yoga. >> logistics wise i didn't agree with most of the qe programs. from the standpoint of logistics the fed did it right, transparent, you knew what the issues they were buying with regard to the numbers, they made itty it easy to see on balance sheet, reverse auction information, like a regular auctioning contrast that with th

dom chu has more at hq. >> simon, a bounceback here.today by a factor of two, health care in second by a half a percent. if you look at some of the star performers here overall, names like eversource energy one of the strong performers there, also energy american electric power, all trade alongside of interest rated. interest rates mixed but lower today. remember for utilities a winning trade last year they are down some 10% since highs this year. carl utilities a bounceback maybe bottom picking. but for right now it seems investors like that particular trade in today's market. >> a rough go. >>> let's get over to the cme group. rick santelli has the santelli exchange. >> good morning, carl. your last guest, mr. croft, unbelievable insight into the energy market. jim, geopolitics is an old treasury trader used to be flight to quality, price goes up, yield goes down maybe a dollar flight to safety. but when we're talking about geopolitics of oil, at a time where we question infrastructure, we don't even consider the notion that there cou

dom chu has more at hq. >> it's a relatively calm day for the markets overall after the fed fireworks way, up .2 at this point. the health care spyder exchange-traded fund mirroring that same move. among the upside standouts shares of cerner abbvie celgene, up around 1.5% to 3%. very interesting moves in the health care sector overall but specifically the large cap biotechs. >> thank you very much. >>> speaking of fed fireworks over to chicago, cme group. rick santelli with the santelli exchange this morning. hi, rick. >> good morning. i like to welcome my special guest, first time guest david ader. thanks for taking the time. >> thank you for having me. listen, i want to talk about greece. but not as in the country ee. i want to talk about grease the kind that makes gears move smoothly. let's rise above the issues have a macro conversation. the amount of debt out there keeps growing but yet the amount that's tradeable keeps shrinking. the type of clt ral high credit like bunds, shots, treasuries, is hunkered down whether central banks balance sheets, insurance companies, are we going

dom chu has more. >> it is the worst performing sector in the s&p 500 today.r in mylan, down 3% after a mixed earnings record and guidance that was disappointing. a couple of biopharmaceutical stocks also weaker on the spectrum today. shares of celgene and alexion lower. perrigo lower as well. despite the declines sector the third-best performer of the year in 2015 up 5% year to date. back over to you. >> that's help for for the nasdaq as well. the morning after the nasdaq closed above 5000 all eyes on penalty, one-tenth of the index. tech watchers believe apple's entry-level watch could cost $350 but one analyst thinks consumers will end up paying more than that. piper jaffray's gene munster out with a new note everyone's talking about the average sales price of the apple watch joins us now. i have to ask you, here at the nasdaq watching the 5000 level, everyone and their mother says we're not in 2000 but does the index look expensive especially as you look at how much is comprised of apple? >> if you look in cot conntext, the earnings power are very differen

dom chu has a market flash. >> surging today's trade, red hat, the company known for the work in lennox operating systems for business customers reporting earnings that beat estimates thanks to growth in other parts of the company like cloud computing, data storage, and software solutions and announced a buy back program. you can see the shares up 11.5% today, one of the best performers on the s&p. >> thank you. >>> nasdaq on pace for the biggest monthly loss since last march. plunging 3% this year. we are following the movers bertha? >> think about it the nasdaq is 3% down from its 15-year high. it's near all time highs, it's a limit bit of a sell off and taking profits as bob talked about. we are seeing rotation. one of the areas where there's a lot of rotation is bioteches. bioteches on pace for 7% decline, just thursday down the fourth day, worked into positive territory barely we'll see if that happens this afternoon. look where they were last week at their most recent all-time high nearly into correction territory there. some are attracting bids being seen as oversold and chips, t

let's send it over to dom chu for a market flash. >> happy monday simon and sarah.g shares of kansas city southern, which are moving in the opposite direction. it cut its full-year sales outlook and gave weak guidance for the current quarter, citing sluggishness, and the railroad operator also says that guidance affects slower carload growth as well as the weakening of the mexican peso against the dollar. railroad companies in focus, ksu certainly under some pressure in today's up market. back over to you. >>> coming up on the program, an injection of glamour. matthew weiner and jon hamm on the age of streaming, netflix, and the possibility of a "mad men" spin-off. "squawk on the street" will be right back. which leads to better decisions for our clients. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's ea

let's send it over to dom chu for a quick market flash. >> shares of pharmasick licks are moving highern & johnson is close to acquiring the company. the bid would value them at a premium to current market levels and could be agreed upon in the coming days. this company has been doing well over this past week on bloomberg reports that both johnson & johnson and novartis were possibly interested in an acquisition. this is a report citing people familiar and the usual of a yacht -- caveats apply. >> speaking of health care. thanks, dom for now. we'll get exclusive reaction from entrepreneur robbed johnson, the founder of b.e.t. on hbo's move to offer its service without a cable subscription subscription. >> here is what's happening this hour. in an nbc exclusive interview, iran's foreign minister tells anne curry iran is very close to a nuclear agreement with western powers. it comes a day after israeli prime minister benjamin netanyahu urged congress not to make any deal with iran. >>> the special house committee investigating the 2012 attacks on the u.s. mission in benghazi libya, will

let's go to dom chu. green arrows all over the screen. >> including sara and bill just for your information, apple, up 0.4%. modest gains. let's start with some of the bigger movers. bye-byeiogen idec. another positive move comes from kb homes. the home builder reported better than expected profits and sales thanks to an increase in homes sold as well as a boost in the average selling price. orders for new homes also stronger there as well. nike also on the move higher. the world's biggest maker of sporting goods topped analysts' expectations. then there's tiffany. investors hoping here for a little green in that little blue box. they were disappointed. tiffany reported profits that met expectations, sales that narrowly missed in what's become a more common theme along large multinational companies. both nike and tiffany warned the strong u.s. dollar would hurt current results. the market seems to be hitting tiffany harder on its outlook. at least you can see that dollar index trade very much the upside m

dom chu joins us now to take apple by the numbers beyond the watch, right, dom?eople focused on the watch announcement. a lot focused on the macbook air. these numbers meant a lot more than those particular product laumpbls. there's a justification that they say could be there for this massive market cap making it the richest company in the world. first of all, tim cook says they just opened their 453rd apple store. a lot of that in the past month or so coming in china. high growth market for them. they had 120 million retail customers go through their doors this past quarter. so a mass surge of people just trafficking through their stores. now, they sold 74.5 million iphones last quarter. we learned that from their quarterly report. but tim cook then said they sold their 700 millionth iphone just this past week. 700 million iphones have been sold. apple pay, the big thing for payment systems here. 2500 banks are on this apple pay platform. and there are over 700,000 retail locations that now accept apple pay. that's up from 200,000 when it first started. again,

dom chu is here with the fed fear factor to try to see which sectors could be impacted the most. up? >> what we're talking about is perhaps this idea that the fed will raise interest rates. possibly some time by about june or even september here. if you look at where the markets are handyicaphandicapping. certain sectors of the market will be hit more. you're seeing some start to play the odds of a fed rate hike. first of all, look at the utilities director. you can see it's down 7%. it's down about 12% just since the highs we saw back at the end of january. one of the worst performing stocks in utilities has entergy. these yields provide competitive. that's one of them. another industry group to watch in terms of what's happening are the consumer staples companies. they also have an impact from the strong u.s. dollar if they have a lot of international operations. not a lot of movement just yet. but procter & gamble shares. and then one in particular that maybe we don't pay as much attention to but we should if you're talking about interest rates here. is the real estate investm

dom chu is looking at new home builders and how they've been performing as we head into the real estatehese home builders only because people get optimistic during the spring selling season. they're going to watch closely to see if those numbers at 10:00 a.m. eastern come out in line with expectations for new home sales. if you look at real estate numbers, there are two epfs that track the market. one is the dow jones real estate yretf. the other is the spdr. that etf includes not just home builders but other home improvement companies like home depot, anything home related. if you look at the overall plays you can make a housing analyst at rbc capital markets, he says you should look for a stronger selling season. especially the momentum to continue for the housing stocks. he does say kb home he's more on the sidelines on only because there are some profit margin clarity things he wants to go through. he wants to see more clarity from kb homes. but lennar and br horton. also looking at names like masco. delta faucets part of that family. mohawk flooring. these are some of the other anc

dom chu will join us with a look at the giants in the nasdaq.gy news, google planning to build a small scale wireless service. and a big move for gas prices on the west coast. the eia is reporting a spike of 37 cents a gallon for the week that just ended. that gets us up to $3.12 on average. thap is the largest week to week includes . let's check out the u.s. ekquity equities at this point. the dow closed at a record level yesterday. s&p futures off by 4. the nasdaq down by 9 points. >>> best buy is posting results. i love this. you know what? let's get them all. the net number it started with $1.46. adjusted $1.48. luckily they're all within a couple of pennies of each other. $1.35 was the estimate. whichever one you use, either adjusted or continuing of $1.47 probably. it's above. revenue, though is just below. 13.345 was the estimate and the company talked about 14.21. pretty interesting, though considering the company does $9 billion in the april quarter. around $9 billion in the july quarter. around $9 billion the christmas quarter. so this

dom chu joins us. >> hi i know none of us would want to wear the green jackets out of respect for thoses not yet a pullback the size that we've seen over the course of the past year. i just want to walk you through the five times that we've seen a pullback of this market before we begin rally towards record highs. the first one happened back in april. down about 4%. if you move through the summer here late july through early august you see another 4% drop. two 4% drops. all of a sudden in the fall a bigger 7% move. so 4, 4, 7, here are a couple of 5s, right? then december 5% drop for the s&p 500. 4, 4, 7, 5, 5, 25% drop divided by five times. that mean the average drop in the s&p 500 over the past 12 months has been 5%. well, we're right around 3% right now. you'd have to get down to the 2011/2010 level before this is a 5% pullback. the average of what we've seen over the course of the past year. it's important to note here the sectors that have led to the line since the all-time highs, energy telecoms. and as interest rates tick up you see those go down. joe an interesting move overall

check out some of the stocks with big currency exposure dom chu. wow. he's already back.on. whatever you want to call it. >> both. >> it is both. but going back to the conversation that you, i, joe, becky, and mike had before with euro at 1.08 take the vacation if you haven't planned for it. this is going to help out. the reason we're looking at some of these companies is a lot of multinational companies have cited foreign exchange head winds as being a real issue for them going forward especially in 2015. we decided to look at a handful of companies out there that may have issues with foreign exchange. they generate a lot of their sales outside the u.s. borders. one of them for instance big blue ibm gets half of its sales outside the u.s. makes sense. pfizer, the same kind of thing. drug giant not just here in the u.s. 62% of their revenues outside of the united states. then winn resorts. a lot of that gaming comes from macau, places outside of the united states. applied materials, the company that makes the stuff that makes computer chips gets 78%. and philip morris int

. >> one second everybody, while we get some news back at headquarters with dominic chu. hi dom. >> kelly, bill what we want to update you is trading now on what's happening with endointernational. that drug company is reopened for trading. shares down in a choppy trade it looks like by about a percent as i can see right now. about a percent to the down side. through 0.75%. confirming it has made a bid for $175 per share in cash and stock to take over salix pharmaceuticals. they will reopen for trading at 3:20. valiant shares also moving and have been throughout the course of this. they're down by 4.5%. val eant has hahn agreement to take over salix. salix being courted by endo. endo is trying to pay $175 per share in cash and stock. david faber has been reporting on this all afternoon. for right now we know that those shares of endo reopen for trading, down a percent, salix will reopen in 13 minutes. back over to you. >> let us know. thank you, dom. let's go back to our conversation kenny. >> well i think keith and john have it right. on days like this when the market is on sal

>>> don't chu has the numbers. hi dom. >> el pollo l ochl co reports the estimates.15 coming in between 67 and 71 cents. the midpoint of that narrowly beats the estimates up by 5%. aeropostale, down 5%. 180,000 shares have traded. their earnings and sales cover better estimates although they do see a q1 loss per share between 53 and 61 cents. that's very much worse than what the analysts were looking for and ulta salon and beauty they saw comparable sales beat analyst estimates. q1 revenue guidance better than expectations as well. as a result those shares up 7% on 208,000 shares after volume as well. kell, back to you. >> a couple of green arrows. mark cuban made the case why this tech bubble is worse than the one from 2000. steve case wrote an op-ed with his take on that charge and joins us light now from the forbes reinvest inventing american summit. steve, welcome to the program. good to see you. >> thank you. >> you don't totally disagree with him but you think he goes too far? >> yes. i think the valuations have been high. the main point mark was trying to make

let's get over to dominic chu watching the proceedings at the supreme court this morning. hey, dom that's right. so one of the things we're watching is the battle taking place at least with some of the health care names, hospital names specifically, you look at tenet health care and universal health care, some of the operators up big in today's trade. see from about 4.5 to 7.5% this comes as the supreme court is hearing a case that could decide the fate of the affordable care act, known as obama care. supreme court justice anthony kennedy saying today there is a constitutional problem with the way that challengers of obama care are reading this particular act here. those stocks are helping the s&p health care sector turn positive now for the day. down market but hospital stocks and health care, carl, showing signs of life here today. >> same with the broader market, down 175 on the dow, down 113, thanks. when we come back the billion dollar unicorn club continues to grow. one commerce company with a fresh billion dollar valuation will join us live. according to one writer at fast c

. >>> we've got a fascinating report from dominic chu now. 2015 kicking off with a surge of buybacks and dividend hikes. dom'son which companies are making the big moves. dom? >> what's interesting about this is if you look at last year it was a huge year. the numbers are still rolling in getting counted up. right now howard silverbla the rks t says we are on pace for 2014 to total about $900 billion worth of combined dividend payments and buybacks. that's big. because the previous record was $846 billion in 2007. a breakneck pace for capital return. if you look at some of the big names that have done it. you look at dividend payers. people raise their dividends often. we talk about them all the time. look at these names here. boeing did -- again, repurchases in 2014 according to s&p, they had about $6 billion. that's up big. it was only $1.8 billion in 2014. look at intel. it paid out about $10.8 billion in terms of share repurchases. it had $2.1 billion the year before that. the biggest one of all is apple, of course. the $45 billion of stock they're buying back versus $26 billion the year before that. if y

dominic chu joins us with what we should expect for the next quarter. really? okay, dom.quarter. and i got a pen and a piece of paper here. we'll talk to you in three months. go ahead. >> okay. here's what we're going to do. you pointed out the fact that markets are relatively flat. if you look at the overall picture, year to date, a quarter to date right now. we are at least moving to at least some degree higher over the past year. now year to date like you said, we're relatively flat. down up nine points. s&p up 11. so some nice moves higher. if you take a look at this quarter this year to date, the stocks that didn't. first of all, the ones that did work. the health care sector was up about 8%. best performing in the s&p 500. so a real standout there. that momentum continues for health care stocks. hospira getting bought out. so deals, empowering the s&p 500 in terms -- the utility sector down 6%. and the worst performing within that sect ser a houston -- now, as we take a look towards what is going to happen in q2jeff lacquer's comments you just pointed out said that

let's go to dominic chu to try to parse out here the market response to the fed's statement today. i mean big, big moves, a lot of places dom of all, let's look at the dow jones utility average. having a big upside day, just up around 2.5% 3% on the heels of today's fed announcement. . if it were to to hold above the 3%, it would be the first 3% gain for the index since 2013. if you look at the one-year chart of the spyder it lowered expectations for the pace of anticipated rate hikes. the lower interest rates make the dividend yields look relatively more attractive so at least for now it looks like buyers of utility stocks on that recent 10% drop in values are being rewarded at least for today's trade. also with this weakening dollar, you take a look what happened with oil prices which are also getting a boost, 3% for wti crude today. brent is up 5%. west texas intermediate up 3%. check out some of the big gainers in the oil business. drilling services companies like transocean immediatetioncean leading the s&p 500. dan denbury resources, nabors. for now energy traders looking at what's happening with the oil stocks. back