>>mark: the dow jones is up 219.>> this is falling that the european crisis summit and they have come up with allowing banks into yours doesn't to give the funds to the bailout fund parent there a point to apply that to the nation's national debt >> that is sending some better news for wall street. there are still some areas of the debt crisis >> americans were more cautious about the spending >> it the indication of the job market could be stoking fears for the u.s. economy there was no >> there was no game in economic spending. >>darya: they're waiting in colorado crash the president to arrive to assess the situation >> the biggest and most destructive while fire and all near colorado springs. one person was killed. and then the thousands of homes destroyed in the will be right back. [ female announcer ] safeway presents real big deals of the week. or how to keep from driving all over for the best deals. you don't need to run around. safeway gives you real big club card deals each week. this week, the farm comes to

thank you very much. >>> dow jones industrial are up 100 points including jpmorgan. we have a banking a ining analy hart. you have a buy rating on this stock. what are you expecting tomorrow? >> i think there's been a bit of circus environment around something that will be uneventful tomorrow. i expect a detail light session tomorrow. i would love to hear jamie dimon say we're out of the position and here is what will happen. absent we're out of the position, i don't think we will get a lot of details about what happened and what the position is because jpmorgan doesn't want people to trade against them knowing the position. >> do you have a gut feeling how far they are unwinding that trade given the fact the street is moving against them. how long do you think they have to hold that trade on their book? >> hard to say. talking about a $2 billion loss, looking how the markets trade, suggesting something close to a $4 billion loss now. even if it's a $4 billion loss, 1% of equity, 2% of equity, 1% of portfolio, manageable. it will take them a while to get out of a pos

in the dow jones is down 165 points. the dow jones is that 165 points down.n why it is spain. spanish banks are asking for help for the banking system pit investors are losing faith that europe will react quickly enough to address this problem. it is what amount is $77 billion$77 billion bailout kare >>darya: there is a officer involved shooting that happened last night. will tran is at the scene. >>will: investigator has spent hours here. it is right next to m and m liquor. the police and not say whether the officer or the suspect was shot or who fired the first shot. and have dry across the street from this gas station. i talked to an employee pen they said that the police shot this area down for hours can we do know that one person was and lasted and there were multiple phone calls and to the hayward police department in as soon as i hear anything i will pass along. reporting from hayward, will tran, kron 4 news. >> and and the man the fired t universities will be back in court. in they say that he was a former student of the school karen >>darya: em they'

the dow jones industrial average down. big sell off today with the market extending early losses on worries about a imminent downgrade for moody's from the major banks. right now it sits down. that's one and three quarters percent lower. all ten s&p 500 grounds in the red today led by energy, materials, utility. tech has been a bright spot in the markets lately and we're looking at a rolling over there as well. we're talking to the best money managers in the country. >> yes, we are joined now with george gash, and ty, a tough day on the markets here. >> george is overseas $400 billion in investor assets. many people watching the show probably have money in the jpmorgan accounts he overseas. he spends a lot of time traveling around the world in europe and the united states, and george welcome, good to see you here. on a day like this when the market is down 220 points, the nasdaq down 2%, there's a lot to worry about. what do i, as an investor, need to do? >> i think it's important to remember that you're a long term invest

the dow jones industrial average is off 222 points.ime for our present obama to get in the game. >> john davis said that president obama's needs to get a handle on our economy. it is the tax reduction that will cut our military. or are tree and the dollar budget deficit. he needs to get in the game that is right in front him. >>darya: let's get to george and see if we're making any progress with the hot spot. >>george: we at this candidate made some progress clearing install on highway 24 but has not helped the traffic on highway 13. highway 24 is still slow from the turn and children's hospital. lookit the northbound traffic. i'm going to zoom in a bid to see if we can find some speeds. they are in the teens in single digits here. that stahl has done a lot of damage to the ride to contra costa about >>james: this is a view out of walnut creek. there is lots of sunshine. this is is an arm -- sam wrong valley san remo valid. it will be cooler around a coach. this weekend will be comfortable with eighties and monday will be cool with the

he says a key part of that, of course, dow jones and i asked him, given the 2.8 billion losses on dow jones, the acquisition of a number of years back whether he regrets having done that deal. >> are you sorry you did the deal, dow jones? >> no. that's going to be the center of this whole thing. i think "the wall street journal" and may call the wsj will be a really great global brand. >> you may have heard a little hint there. we may call it the wsj. remember robert thompson running the wsj or "wall street journal" ran the financial times and made the ft and taken the saturday edition already call it "wsj." tyler, it may be wsj.com that the paper becomes "the wsj." >> on the saturday edition, it is the "wsj" and distances it from the wall street business newspaper and now makes it a little more stealthily the national newspaper and the global newspaper i think he would like it to be. thank you very much. >> you're welcome. >> sue? >>> when we come back on the down day on wall street what the health care decision means for your employees. doesn't matter if you work for a large, medium

tdd# 1-800-345-2550 call 1-800-540-9872 tdd# 1-800-345-2550 and start trading today. >>> the dow jones is at the fun of 2637 points. we are below where the dow closed at the end of the last year, meaning that we have seen the gains of 2012 be wiped out for the dow jones industrial average for 2012 given today's weakness,. let's get to mary thompson. she's at the big board. mary? >> not only has the dow erased the gains for 2012, also the nasdaq entering correction territory, dropping below the 2820 level. keep in mind, despite today's decline, the nasdaq off 10% or more, it still remains positive for the year. nevertheless, as was the s&p 500, 1280 was the correction level, 10% below its last high for the s&p, dropping below the 200-day moving average. the ten sectors that we follow, five of them are in correction territory as well. some of them tech, materials, and industrials. these are the groups that have been pacing the market's recent slide. >> scottie? >> financials are feeling the pain. shares of morgan stanley down 5%. if a disappointing jobs report and global economic fears w

before we go, the dow jones industrial average, up 67 points. we say drew brees is coming on the show, the dow rises. coincidence? of course, let's tie it together. stick around. [ tires squeal, engine revs ] ♪ ♪ ♪ [ male announcer ] not everything powerful has to guzzle fuel. the 2012 e-class bluetec from mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. a living, breathing intelligence helping business, do more business. in here, opportunities are created and pr

the dow jones industrial average lost 17 points to close above 12,101. the nasdaq rose more than 12 points to close at 2,760. in iraq today, a suicide car bomb in central baghdad killed at least 23 people. it targeted the main shiite religious affairs office, detonating right outside the building. nearly 200 people were wounded in the explosion that shattered nearby windows and damaged cars. security officials said the bombing appeared to be the work of al qaeda's iraq wing. officials in pakistan condemned a suspected u.s. drone strike that killed at least 15 people today. the attack targeted a militant

laura colodni of the dow jones and moira of tech nation. obviously, we want to talk about car rentals, but the chicken farming, former chicken farmer in uzbekistan. >> i was working for a microfinance organization that did chicken farming. so spent -- >> you're a money man of the uzbek chicken farmers. >> as soon as we're done talking about car sharing, we can talk about breeders, flock birds and all the excitement of poultry farming in central asia. >> let's talk about cars. you have four locations on college campuses. let's start with why college campuses? >> college campuses is a community that already exists. so when you're thinking about the access economy, one of the most essential elements of it is trust. so one of the advantages of going into a college and university environment is there's already a sense of affinity and trust that exists between both sides of your marketplace, the people that own cars and those who need access to it. so when you go to a college campus, you've already got one of the most essential ingredients alread

the dow jones is down 50 points. >>darya: vs from the queue research center gray to china net as the no. 1 cotton the a -- economy. that offended china is >> >>mark: here's a look for mt. tam cam. >>mark: here's a look for mt. tam cam. dude you don't understand, this is my dad's car. look at the car! my dad's gonna kill me dude... [ male announcer ] the security of a 2012 iihs top safety pick. the volkswagen passat. that's the power of german engineering. right now lease the 2012 passat for $209 a month. visit vwdealer.com today. right now lease the 2012 passat for $209 a month. ♪ [ folksy whistling ]] [ man ] quitting is a fight you can't let yourself lose. it can take many tries. but keep trying, you will beat smoking. honey, you okay? yeah, i'm fine. ♪ [ ukulele ] >>darya: the governor of colorado has declared a state a disaster because of the wildfire burning here. it is burned a lot of land and destroyed property. need any of use of the national guard to help stop this fire. one woman has died. it has destroyed

the dow jones industrial average closed at 12,414, gaining more than 220 points. investors responded to remarks by european central bank president. he hinted at measures the central bank might take, including a further reduction in interest rates. it looks like investors wednesday on a buying spree after the comments. what did he say? >> he hinted ecb may lower interest rates in the near future. there's another focus investors may be buying on. market players say that speculation that the u.s. federal reserve may further ease its policy was also behind the rise in stocks. fed chairman ben bernanke will testify before congress on thursday. investors are hoping some kind of measures by the federal reserve to spur growth in the u.s. economy. so for more on how stocks are trading here in tokyo, let's go to the tokyo stock exchange. good morning. a pretty strong rebound for the dow. we saw gains in the nikkei yesterday. how are things starting off today? >> very good morning to you. there's some hopes there in the market following on from the european central bank that

the dow jones industrial average is down.are saying a search for facebook. -- >>darya: the hearing for the man that were accused of beating brian stowe should wrap up today. one of the women that saw this that if she heard profanity in a scuffle before they ran to the fight. they saw sanchez was stuck down, has had the ground and he proceeded to punch a. here is what his sister says happens in the parking lot >> this says vase's -- so you're saying that the group of santa the walking away you told your brother that they were saying profanities. >> that is not exactly how it seems. both men pleaded guilty. >>mark: the 50 students at heritage high school that were suspended. the students were in not be allowed to put his a graduation semis. the students that he is disappointed his friends were not able to walk. >> on some of my close friends and not point to be able to graduate. we must remember you but that it would not be the same. >> do community service, grad night and i guess the the way the ceremony but let our kids take

the dow jones soared yesterday gaining 286 points, its best day of the year.the index is up for 2012. the nasdaq rose 2.4% yesterday. and stocks rose overnight. the european union will act to save spanish banks. and the u.s. is exploring its options. >> it encourages investors to come back to the market and buy. >> more top of stimulus at the fed. members are publicly discussing support for more stimulus if the u.s. economy weakens. fed chairman ben bernanke could provide further insight when he testifies before congress this morning. this could not come at a better time. only 69,000 jobs were added in may, the weakest month for job growth in the year. >> employers are still cautious to make those hires, and invest in their companies. they're staying more focused on driving productivity and increasing revenue and profits. >> some fed officials will resist actions. the fed could breed inflation being the worry. >> we will see a prolonged period of volatility. >> the dow jones jump erased the entire year's losses and the biggest loss of the year which came last

>>mark: the dow jones is down again today. there's a big drop in factory orders in march. lso down in april. the dow is off 65 points. is it 12,063 and is a negative ground for the year. >> warren buffett is auctioning off his annual chance to have lunch with him. the bids at 25,000. it will go to the high end stakeouts. you have to be pre qualified to bid on this. the bidding ended 730 friday night p.m.. for the last four years this there has got to me in dollars. >>darya: spaceship enterprise is the rise the test has arrived in a jersey. this shuttle left kennedy airport yesterday on a barge. it was towed down the river like thousands of spectators watched him it will be taken to the intrepid space tuesday. it had pit at jfk said sit fleet to washington earlier this spring. united states navy >> and i states navy is observing midway anniversary. that was in 1942 when the u.s. sank all four of those ships on the first day of the three day battle and put japan on the defensive. >> we continue to stop -- the-continue to track the storms. traffic is moving slowly because of t

the dow jones is up 110 points. the nasdaq is up 31.year high of four new housing starts. oracle's stock on the on the rise right now in irian pit at oracle's earnings have climbed 8%. we'll be right back with as the kron 4 morning news continues until 10:00 a.m.. there's lots of blue sky and san francisco. temperature is warming up. >> >>mark: there's been a long time since oakland has had a construction project like this. they're going to turn the old army base into a shipping and distribution facility. though bring thousands of jobs to the city. applicants will not be asked about criminal record and preference will be giving to people that are in >> said a cisco's looking at a new youth and soccer complex. the council will have to reduce the amount as the the long island land that they are or to sell. they need to decide whether this department in charge of san jose earthquakes will manage this facility. erica check from george about the hot spot. >>george: the back up as completely clear from lanes but we're still looking at twice t

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the dow jones is 23 points down.q up is about 10 points. >> facebook is paying $10 million over posting sponsored stories. the summit press is they like button then i can show up as a spots story on the other pages. they said that people were using their pictures for advertisement without the permission him >>justine: president obama is in mexico for that gene for summit about it, and the pit economy. the mexican president is expected to donate >> met rabin is expected to capitalize on a big victory in wisconsin. scott walker survived a pretentious recall election. the election. romney is in the middle of a five day bus tour. >>james: web said sen said sen said sen was the winner of the u.s. open. woods was stills struggling and has not a ticket of four years. let's go from obscure to headliners in one day. here is a live look from our rich can. will be back a minute. ♪ ♪ ♪ [ male announcer ] go from being on the road to being on vacation. hilton honors. the guest loyalty program with over thirty-eight hundred hotels

with the decline of only down 20 points on the dow jones as the fed announces an extension of the bond buying program. the second hour of the "closing bell" starts now. >>> and it is 4:00 on wall street, do you know where your money is? welcome back to the belle bell. i'm maria bartiromo. volatility on wall street as the investors follow the fed today. it sings following the federal reserve statement, because it did not include mention of stimulus measures, but it rep bounds into positive territory by midday today. the stock market cut the losses in half in the last 30 minutes, the market ending up very, very close to break even. with investors see more action in the next couple months? look at how we finished today on wall street. a complete comeback from the lows of the day, down 12 points on the lows of the session. nasdaq composites finishes up positive reversing all of the losses of the press conference, and the s&p down around break even, a fractional loss. let's get reaction of our panel. we have david rosenberg, and jeff cox. i want to kick this off with you, how are the market

the dow jones is up a few points. the federal reserve was announcing it will let continue a stimulus program. that is not the aggressive announcement that investors are waiting for. slightly fewer americans applied for unemployment last week. but not enough to affect the numbers parent >>justine: we would taking will be taking a quick break on the crime or news. it is going to be much cooler. it can see the traffic is starting to back up on the bay bridge approach. it get used to these temperatures that will be around for a while. >>justine: as been 1 weeks since the traffic nightmare and oakland. the federal investigators have arrived and the site to investigate the cause of last monday's three alarm fire. is within a four story senior housing complex. it also damaged 400 ft. of bart tracks was shut down trans bay service for much of the day. fire investigators and in accelerant detection dog will be and is beginning to try to find out how and where the fire started. >>mark: prosecutors say the 17 year old weighed sp

the dow jones pointed up about 100 points.rcentage gains potentially for the nasdaq and s&p 500 as well. >> yeah. follows a pretty strong session in europe. still to come on "worldwide exchange," does tim cook have anything up his sleeve. he takes the stanch of the annual development meeting today. we'll have a preview and we'll speculate a little bit over any possible surprises. optionsxpress, where you can trade your favorite products, all in one account. keep watch on the markets. or use our exclusive tools to help find ideas. it's powerful, easy-to-use technology for trading stocks, options, and futures. keep trading whether you're at home, in the office, or on the go. optionsxpress, the broker smart traders deserve. open an account today at optionsxpress.com. >>> welcome to "worldwide exchange." if you're just joining us, i'll kelly evans. >> these are the headlines around the world. >> yields in the country are falling back toward 6%. >> this as madrid get as $100 billion euro bailout but investors have to wait ten days

dow jones closing down one-fifth of a percent at 12,602. we're going to go to ramin mellegard at the tokyo stock exchange. how are markets taking all of this in? >> lots to take in ai. we had economic data also before the markets opened here. let's have a look at some of the key economic figures which came out just before the stock markets opened. we had unemployment rate coming at 4.4%. that's an improvement slightly from 4.6% in april. also cpi was down 0.1% for the first decline in four months. we also had industrial production, which came at minus 3.1%. and that's two months in a row now that we've seen declines. so let's have a look at the knee ca nikkei and the topix are kicking off this friday morning. yes. 8,821. so both indexes trading lower there. the topix at 755. now, recording the u.s. health care bill, it may sound like it only matters to the u.s. markets, but the ruling does remove a big amount of uncertainty for one of the biggest sectors in the u.s. economy which is the health care. hospital shares traded higher, insurers t

. -- a week carrying-- weak hiring >> the dow jones was up to utter and 86 points as today. this is after the european nations had decided to work with spain to help them solve the economic crisis. >> facebook closed at $26.80 15. that is 29% lower than the ipo release. >> facebook is apologizing -- net in nasdaq is apologizing deface but for the delay of their trading. it left trader without knowing if the purchases even went through. they plan to compensate facebook at the tune of $40 million for the losses. >>darya: let's take a live look at our mt. tam cam. we will be right back. hello? the words are going this way-there's no way. oh, the lights came on. isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >>mark: on national and it's, at an organic beach dwellers saw a stock watch up on shore. they believe this is from the earthquake and tsunami. this is fr

dow jones industrial average -- as well. dow jones industrial average tum palled 22 points. -- tumbled 22 points. >>> 15 of the world's largest banks got their credit rating downgraded. moody's investment service says the possibility for profit and growth at each of these banks is not looking good for the future. u.s. banks being downgraded include jpmorgan chase, citigroup, bank of america and goldman goldman sacks n. is a big day for american airlines and its union. a federal judge will determine if american can break its contracts with pilots and other union members. it's a deal which involves cutting costs and laying off at least 12,000 workers. american airlines back in november filed for bankruptcy. >>> twitter had problems. it told its users it was fixed but then it wasn't. it had a cascading bug. no word if it's working this morning. >>> coming up, delia goncalves will highlight one woman's story and how she turned her life around to help other victims. >> more on that and your weather first again. severe weather ale

the dow jones is rising.sent a bomb at is launching a big fund-raising swing through the state of california. the is visiting las angeles. this is the second time he's been in the area in the past two weeks cleared >> pg&e he is checking for leaks in the pipeline system they're also looking at part of the line where the explosion killed eight people. >>darya: is 743 am. it is 743 am. >>james: there no complaints at it and the fact that is a little chilly. we will see how days weather is way to develop. let's take a look at the 7 day around the bay. and i caught was a clear insight skies. things will be a little bit warmer right now. as we had through the new in our mess of the bay area's will be in the '60s. as we get closer to 3:00 we will see the by about 3:00 we will sit at the war's beginning to show up. end we may be able to see a couple of the eighties and the east. there be nice and warm inland. 83 degrees for antioch and 80 degrees for fail fairfield. 63 for downtown semblances go. the 63 for a downto

it was the biggest percentage loser among dow jones industrial stocks, falling 2.4%. despite the slower growing spending, fewer american express customers were delinquent with their may bill compared to april. the biggest jump among dow stocks was johnson and johnson. j.n.j. shares popped 2.2%. for the first time in almost four years, the analyst at j.p. morgan upgrade j.n.j., calling it overweight saying the company has survived a number of medicine recalls, and there's optimism about new products. separately, the company expects to finish its $20 billion buyout of medical device maker synthes tomorrow. another stock fighting the weak tape was dell. the computer maker is just the latest high tech company to evolve into a dividend paying stock. it will began paying an eight cent per share payout. that gives the stock a 2.6% dividend yield after today's 2.5% stock rally. volume was heavier than usual during today's buying. yesterday, before unveiling its new dividend policy, shares hit a 52 week low. the company also announced a program to cut $2 billion of costs over

dow jones good for 93 points. jpmorgan leading the charge out of the dow. best gain eer there, disney, dupont, material spots doing better, j.j. & j.j., exxonmobil and merck rounding out some of the best performers out of the dow. buzz kills of the day, shares of o'reilly, second worst percentage drop ever. o'reilly cut guidance at levels it hasn't seen since november of last year. simon, ugly day. >> looking ugly. people aren't fixing up old cars like chitty chitty bang bang, they are buying new ones. automotive still doing well. buying news ones. stay away. >> it is the trade of the month. nat gas futures jumping another 3% today. in june alone the price of nat gas has spiked 20%. how do you play this dramatic rise? ubs energy group bill featherston. >> thanks forego having me on the show. >> have we seen the worst. >> bottom at $1.90 in april. we're forecasting the price to stay below $3 through the retail season in november and move to $4 in 2013. >> edging closer to $3 by the day now. >> looks like the july contract is going to go off the screen in the

on the nasdaq just that it was a third straight day of losses for the dow jones of the nasdaq it was a third straight day of yeah you are talking about the tech schools that we have facebook one of the i mean a four point seven percent among all of the initially putting out the initial public offering to the social network also all is well the world's most valuable company is getting it now this is going to do. as well as exchange rates and the common current state. is turning within it's really i would say it's one of them six zero eight that with a common currency this so lawyers around those. close look at the ruble it's going to be it's going to be in less than an hour's time now but yesterday. against us. in the trading session if we look at the russian markets then as i say less than one hour until they start moving inside of me so getting that was despite all the concerns of around the european region also all took a bit of about showing yesterday as well but it doesn't post two figures coming out just. the read point seven percent last month. for prices most important commodi

the dow jones industrial average off the session lows.cerns of a global slowdown is gripping the markets today. also pressuring the markets, look at the s&p 500. a call of xwoeldman sax after a weak filly fed reading today saying short to 1285 putting pressure on the s&p. risk on trade is off. today. the nasdaq also under pressure looking to end a five-day win streak today as the big tech stocks are taking it on the chin, as well. once again the dow down 175 points. we'll have more on "power lunch" coming up. >>> >>> at the markets flash desk, commodities under pressure and more concerns about a global slowdown. take a look at the price of silver down more than 5%. the worse day in two and a half months. now, in response, silver stocks as you can see right there moving sharply to the downside. look at sil, down 5.6%. back to you. >> all right. thank you very much. listen, sue. we are about 177 to the downside. >> right. >> it's almost one of those things where it's hard to tell what's going to be the next catalyst to move us here. >>l,

. >>> stocks york following n's banksout for investors were week'seu to the dow jones industrial average last friday's close day's session 12,502. for more here are trading this go ramin mellegard, who is tokyo stock ramin, l i else off t some positive >> definitely, very ai and really ta lower a a turn fors final week in of with inv grips wi eurozone debt iss also questions in china,europe and volatile trading that commodities andave a look and the are tradingmorning, both nikkei and 740.course stos in the u also uncertaintie eu and su kick offlot of whether some of those be that's markets, an we also hadmoody's on of course downgrad spain's sovereign debt which couple ofon june 13th, markets pretty muc sidestping any good have n of yesterday, highest years, pretty much side stepped. of energywe have seen investors of preciousand at one did see gold actually, gold was1% crude oil down percent at around you can see the ocks will be following hewe with spain formformal ly requestus about the markets? >> some of with t dollar/yen andingthere.80 and the euro/yen und100 ye focus there on tsu

of course, one of the reasons they are together and cited many reasons after buying dow jones for overion was synergy. well, he is still think there is's synergy and two separate businesses. >> we'll work as much as possible in tandem. it's inevitable that they'll go in different directions in some things. they're in different businesses. >> that are but he did come back to the idea a number of times, raising some questions in terms of strategy. we'll see, of course. it is a year before the split actually becomes official and of course at that time, mr. murdoch will be 82 years old. he is currently 81. investors will be right to ask about plans for succession. for many years, peopled anticipated to try to position his children in a way they might be willing to or able to take over. the one company. now we have two. what about it? i asked him. >> i'm in great shape. and obviously, you know, if i live -- lucky enough to live a very long time, there will be a time when i'll slow down mentally and i'll have to get down. >> you don't think it's any time soon? >> no. >> clearly he feels like

>>mark: the dow jones is down 94 points. >>darya: we will be back with more and a couple of minutes. we are standing by waiting for the ruling on the supreme court's. there are reporters from all of the world just waiting to get you the news. we will be right back. >>justine: the test at the rolling when the supreme court on the health care law. the supreme court that is up holding president obama is lots requiring that most americans have health insurance >> this is coming just coming in from kron 4 news room. this is a picture live outside the supreme court. they are hearing [cheering] and will brewing. >>darya: and other national news, fla. delays said that the mint issued off another man's face had only marijuana in his system the attack a man in miami last month. they do say that containing synthetics stimulus can call police stations. they say in this case all he had was marijuana >> there is law enforcement officials spent the night searching this cargo shipped it searching for ways. so far they have found nothing but

advances being outpaced on the dow jones 600. we've gone flat.bex just 0.25. >> spaniitaly well over 6% at 6. bund yield climb and as ross says, we're seeing this move up even on flight to safety days. 1.53%. not too surprising in the wake of that egan jones downgrade. >>> spanish prime minister told parliament he'll ask eu leaders to intervene to stabilize markets as he says they can't sustain themselves at high term yield on a long-term basis as they are prepared to hold a conference call on cyprus and spain this afternoon. stephen is in madrid. does he mean he wants the ecb to intervene? >> reporter: he didn't specify. he said he would like european leaders to use existing measures to stabilize the financial market. it could be a call for the ecb, or buy sovereign debt from spain to stabilize markets and he would like toy clear political market to say that the euro is here to stay, what he told congress before attending this european summit on thursday and friday. he also says spain would support the plan for a fiscal and banking consolidation

dow jones is very cash positive. >> sorry you did the deal? dow jones? >> no. that's going to be the center of this whole thing. i think "the wall street journal," which we call the wsj, will be really a great global brand. >> mr. murdoch, thank you for having us. very much appreciate it. >> thank you for having me. >> you're very welcome. rupert murdoch, chairman and ceo of the news corporation. scott, send it back to you. >> david, thanks so much. our own david faber speaking with rupert murdoch. mr. murdoch talking about news corp. splitting into two companies, which he says splitting that company will create more shareholder value. we also continue to wait on president obama making a statement regarding the supreme court's decision to uphold the affordable care act. it was, as you know, the centerpiece of the obama presidency. this president accomplishing what many of his predecessors could not. i think it's set in the white house to do just that. what's your reaction to the news? we've seen several stocks move fairly sharply on the news. hospital stocks se

the dow jones industrial average as you see it now is now negative for the year of 2012. 12,161 is where it sits. 12,217 would be flat on the year. dow goes negative for the year of 2012. s&p 500 keep close watch on this today. 1284 is the 200-day moving average. that was breached as well. look here at crude oil. that story continues to unfold below $84 a barrel. brent is a big story, below $100 as well. the china news certainly weighing on the oil picture today. and how about the 10-year yield? we've talked about it almost every day. an initial plunge on the jobs number, guys, below 150 now sitting at 147. it got as low as 1.45. historic lows on the 10-year. june definitely not getting off to the kind of start that many market participants hoped it had. ty, sue. >> thank you very much, scott. the political implications of this latest jobs report could not be greater. our chief washington correspondent, john harwood, is awaiting the president. but we begin with karl quintanilla who just spoke with the republican presidential candidate and presumptivive nominee, mitt romney. carl. >> ty,

take a look at wall street, dow jones industrial average is up about 58 points to 12799, nasdaq and sng a gain about the same percentage- wise in europe. fedex, reports $550 million last quarter, it's down 8 million from the same time last year. the lower results come from the costs associated with retiring some of the oldest plains. bought those, they would have beaten wall street estimates. >>> it smells horrible, but big crowds are forming just to get close to this, all the excitement about the corps flower. >>> and the one thing community leaders insist needs to be part of any deal. >>> good morning traffic on 237 will be slow getting into the valley, we will tell you more about that straight ahead. is ♪ ♪ [ transforming sounds ] [ male announcer ] transformers. the ride. ride it at universal studios hollywood. [ male announcer ] transformers. the ride. >>> happening right now, presidential candidate holding a rally and mitt romney is wrapping up the tour in a state where his father was governor. they called him to five different states, a bus tour, even though mitt romney travele

dow jones industrial average up 286 points and starts at 12414. and nasdaq plans to create a plan to compensate during trading. it will be rated to the top combined and they estimate 215 due to problems with the facebook offering. >>> smuggling drugs, they don't even know it but a warning about a new smuggling technique. >>> they recommends to police, we will make sure it does not happen again. >>> northbound 280, it looks good getting to the 78 interchange. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. [ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what's next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection. . >>> good morn

looking at a dow jones industrial average down 150 points. inal trade as we watch the dow down 1% here. >> scott, apple is underperforming june. tells me to sell. >> grasso? >> 1335 doesn't hold, i wouldn't buy anything. >> even phillip morris today cutting the outlook for the second time, doesn't deter you? >> they were nervous about foreign currency. you don't have that with this group so i would be a

dow 30 companies. many stocks have that same chart, bill, and well get more on the egan-jones and if that's impacting the market. >> as we ahead to the close here, the dow is down 100 points. >>> mcdonalds up today even though goldman downgraded the home of the happy meal. >>> later, italian interest rates skyrocket in just one month. why someone here says it may be already too late to stop that from happening in the united states sooner than later. ♪ i hear you... ♪ rocky mountain high ♪ rocky, rocky mountain high ♪ ♪ all my exes live in texas ♪ ♪ born on the bayou [ female announcer ] the perfect song for everywhere can be downloaded almost anywhere. ♪ i'm back, back in the new york groove ♪ [ male announcer ] the nation's largest 4g network. covering 2,000 more 4g cities and towns than verizon. [ marethink possible.e nation's largest 4g network. [ male announcer ] we began with the rx. ♪ then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the all-new rx f sport. ♪ this is the next chapter for the rx. this is the next chapter for lexus. this is the pursuit of perfect

>>darya: let's take a look at the dow jones. it has gone down just little bit since it opened at 45 +. rob black told us that when the trading day is over there is not can be much of an pack. >>darya: we will be back with more in just a couple of minutes. we have the news and traffic just like you need to start up your monday. lysol invites you to take the dual action wipes challenge. try lysol dual action wipes and see the cleaning difference. because unlike ordinary wipes lysol dual action wipes have two sides. a scrubbing side that cleans tough stains better than clorox and a smooth side for everyday touchups. all while killing 99.9% of germs. now you can take the lysol dual action wipes challenge for free. check for coupons in this sunday's paper. >>george: we're tracking hot spots. the first is on the dumbarton bridge. this is caused by multi vehicle accident. now there is an accident reported on the bay bridge. it is on the incline section. as you can see there is not much movement here at the toll plaza. it is said to car

the dow jones was up over 120 and is now pulling back from lows earlier gains of just 72. this follows yesterday's 286. game for the dow after losing 1002 other points in the month of may. stocks resounding and dance today. correct nasdaq officials are apologizing for the technical problems that market these books ipo stock offering last month. the problems of nasdaq system costs a 30 minute delay before the stocks hit the market sale of and for more than two hours there were problems putting in purchases. they had no knowledge on income with her. nasdaq was outlined a plan to compensate brokers with $40 million in losses. how >>darya: the high for unemployment benefits suggest how moderate job growth. this health benefits dropped by 12,000 ahead he the unemployment rate rose half a wheaties% in may from april. employers added 69,000 jobs. >>mark: more than two dozen former nfl players that the file a lawsuit against the league saying that the nfl promotes violence. it accuses the league of concealing information linking football related injuries to long-term brain damage.

the dow jones industrial average coming off the lows of the day just before 4:00 p.m. eastern but still down. it's down two thirties of one percent. volume on wall street, and nasdaq gave up 24 points. just about 10 minutes before the close, we see fires coming in, 2818 is where things settled down, and the s&p down 9 points. finishing at 1314. jpmorgan's stock is up. does that mean jamie dimon did well today? >> a lot of questions about internal jpmorgan business, how did they make this trade, why did they make this trade, et cetera. but the mood music was a referendum on dodd frank itself. senator corker asked jamie dimon for his opinion of the wall street law, take a look. >> we supported some -- >> i know what you supported. has it made our financial system safer? >> i think we -- parts of it in conjunction with higher capital liquidity, it is safer today than it was in 07. >> i'm talking about -- i understand we have larger capital and all the banks and boards are causing that, but i'm talking about the regulatory regime that congress put in place, has it made our

and dow jones industrial average, it looks like the s&p 500 could get a little pop on the opening. starting today, yahoo has a partnership for financial news. the search engine has joined forces with c nbc. they are expected toco create original video programs that would appeal to a web audience. >>> time now 519, things just got off to a rocky start for newlyweds who police say targeted them on their wedding night. >>> what is up at the championship round at the historic olympic club. >> good morning if you are driving on 280 or 880 or any of the south bay freeways, you are off to a decent start. we will have more on the bay ea commute. [ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what's next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection. the all-new f sport. the words are going this way-there's no way. oh, the lights came on. isn't technology supposed to make life easier? at chase we're pioneering in

inversionistas de la bolsa de valores >>> hoy fue una buena jnada para los inversionist en wall street, el dow jonese personas indocumentadas, q presentan declaraciones de impuestos en este país, reciban créditos por sus hijos millones de hispanos, deer así, serían afectados >>> algunos republicanos en el senado continúan sus esfuerzos para anular los créditos de impuestos por hijos de los indocumentados, lo que tenría un ahorro milnario al gobierno, ro que afectaría a muchos niños en el país afectaría a más de 3 millones de familia, por no tener un seguro social, el recorte incluiría a 3 millones niños >>> hay una batalla campal en el senado y en el congreso para balancear el presupuesto, y obviamente, se tratan de ir por los segmentos de la población más vulnerab >>> el senador rubio dice que según el departamento del tesoro hay un fraude significativo en programa de crédtios para niños. cada año indocumentados pin créditos por niños que no son ilegibles. el liderao demócrata ha bloqueado su votación >>> reducir este crédito causará verdaderas penur a familias con hijos, no debemos hacerlo en esto

we have been talking about the health care stocks, the dow jones industrial average where the ibm is butor to the dow's decline. united tech also down on that. and jpmorgan. the loss for the trading debacle could be close to $3 4 billion to $6 billion. and citi was in a probe into manipulation of that interest rate, we're anticipating a statement from citi in the near future. we also want to point out that wti, west texas intermediate is down 24% for the second quarter with one trading day to go. that would be the poorest quarterly performance since the last quarter of 2008. guys, back to you. >> thank you, mary. health care stocks trading about three to four times their daily volume today on the supreme court's health care law decision. health insurers taking a hit today. here is a look at some of the health insurers. >> and that includes our next guest, aetna, who was down a few percent today. joining us, mark bertolini is back with us, mark, welcome back. >> good to see you. >> i vfsing thwas having this d other day. if they uphold the mandate, that would be good for insurers becau