dow jones industrials down 93 points. they tried to make a go of it, so they're down 14. tate charts, and after that 11:00 a.m. eastern time. you can see the dow dropped and did not begin to recover until noon eastern so we're going back to close with the low session. the european markets, they extended their losses at the end of the session. you need to look and the percentage losses. the cac quarante in france down 1%, the dax index from germany down 1%, 40 at of the u.k. down 2/3%. we are hearing virgin airways out of the u.k. and of course we have air france as well saying no more flights over that region where the flight the curve. the former director of the cia jim wolfy. thank you for being here. pointing between ukrainian military and, of course, the russian separatists. what's your best guess right now. >> >> well, of course, it could now? >> it could have been an accident by anyone by the ukrainians. what seems most likely is that the rebels, backed by russia, have portable anti-aircraft weapons, and the possibility that they used them as they used them on monday

the number we must be today, is 17068 for the dow jones industrial. ke smooth sailing , but you have to stay with me. two tech titans are major contributors to the dow's gains. intel and ibm. let's look at the stocks. intel after it came out with game buster numbers "after the bell" yesterday, moving higher by now eight and a 3%. earlier it was up 6% climbing, climbing and at the top and bottom line. very nice outlook for the country and ibm is also moving higher by 2%. let's get right to the floor and find out what else is at work. traders at the new york stock exchange. has no one even looked at the basement? it was sort of a beige but not from that that about modest growth, but china's gdp look better than expected. plus, we have mega merger discussions became time warner fox, what grabs your attention cracks wire traders pushing the smart car? >> billy thing that draws our attention these days is why janet yellen says what janet yellin testifies with that that says. listen, it doesn't matter, we don't pay attention to earnings report that much alth

be trading for today that's a good question because essentially the dow jones is a crapshoot. it is it is a massive fraud on the public on the banks and the corporations make their money on the i.p.o. with friends and family they then dump all of that risk to the public what i think is beginning to happen is a move to a world locally based currencies locally based stocks locally based trading locally based you spatially rooted changeable though you it's right but my point is robert that if in fact you used to cost accounting on the s. and p. five hundred the dow jones would probably be closer to three thousand not seventeen thousand and so the u.s. economy would not be a seventeen trillion dollar economy it would be a three trillion dollar economy or a four trillion dollar economy which in the long run is probably a fantastic thing because it shows that the economy is not aggressively impeding into what you might call the public domain or the commons accent or a but how are you going to transition to a model where tens of trillions of dollars are going to be sucked out of the

earnings season is in full swing with the two heavyweights reported early today and helping support the dow jonesial, golden second j.p. morgan delivered solid second-quarter earnings, lifting the dow to a new intraday record in early trading. investors were particularly anxious to hear from j.p. morgan ceo jamie diamond who recently announced it was a bombshell for many people who watch him and his business closely that he has broken answer. listen to what he had to say about that on the sport's compass call i feel great. i think i have some of the best doctors in the world and i will receive the best treatment and i'm fortunate this is curable. liz: excellent news and he sounds great. what were the biggest takeaways aside from that from the two banking earnings and their giants ask joining me, chris mutascio and eric wasserstrom. you two are perfect to have an idea like this and chris, i will begin with you. pick up when you think was more exciting and more interesting, goldman or j.p. morgan? >> i formally followed j.p. morgan and i will stick with that name and when you look at j.p. morgan su

i made a round of phone calls, you might expect, after the dow jones headlines.don't have a great deal to offer. not completely clear to me when john legere was sitting here what he knew if he knew much of anything. don't forget, t-mobile is crommed by deutsche telekom. the germans. he runs the show. a large company. they only 60-plus percent of it and talking to sprint for a very long time. this company, carl, what i can tell you, has about a $19 billion enterprise value, from what i can gather at this point, but a $17 billion market value. $2 billion or so in debt. it's a reseller, again, of network capacity. i'm not sure it really owns a great deal of network. i don't see what synergies, if any, would be available to them. yes, we have extraordinarily generous credit markets. you could imagine, perhaps, they would be in a position to try to do something, but they're smaller in size. that is market cap wise than t-mo. no synergies apparent to me at this point. granted it's early, in any sort of a deal. let's wait and see. holefully a little more insight, behind

and the dow jones industrial average at levels in excess of 17,000 now. here is zeb eckert. >> at stake a look at the numbers. it was a banner session on wall street. we saw gains for the dow as you said, pushing above 17,000. initial indications across the asia-pacific are that stocks are advancing. certainly what we are seeing in markets that are now open including malaysia as well as singapore. taiwan starting with a higher open. the trading day continues in australia and new zealand. gains of about 0.75%. kospi index, a minor downside. call it flat, really. we are watching that as well as the currencies. the japanese yen pretty much unchanged today. we did see the selling earlier. investors take riskier bets in the equity market, not necessarily looking at safe havens. let's take a look at what happened overnight on wall street. dow jones industrial average moving above 17,000 for the first time. also hovering 500 at records. europe did especially well yesterday. >> the dax is about 10,000 as well. give me an idea of how frequently we get these sort of

as you may remember dow jones industrial average ended the week above the 17,000 mark last week. as you can see, dow jones industrial average is above psychologically important level but as i say trading down. >> let's talk you through a few other stories keeping an eye on for you. investors in spain digesting news of high-profile corporate collapse over the weekend. spanish wireless provider said sunday it will file for bankruptcy protection. it came while the chairman resigned while admitting to falsifying company's result. it provides internet hotspots in cities across the world and had been a spanish stock market favorite. french police have closed down an illegal exchange for the national currency bitcoin and received bitcoins to the tune 2060,000 euros. this according to public prosecute in the south of france where the rate took place. two suspects are being investigated on charges of illegal banking, money laundering and illegally operating a gambling website. next time you're heading to the airport, make sure that you're smartphone and tablet are properly charged. passen

the dow jones takeover was something rupert murdoch boards for years on.use some of that as a playbook to get time warner here? the structure at of time warner and the emotion that is around time warner, it is at a much lower level of emotional attachment that the people who are running this company than those who were running dow jones and the wall street journal. in some ways it is easier, even though it is a much bigger deal, it is easier to make. the notion that they rejected the bid, and a company would do that, no one takes the first offer. bring pressure here. >> in part of their statement this morning, i am talking about 21st century fox, they said we would be willing to pay more than 85 dollars a share. that signals to you that they are willing to go back again? the first step, just the opening gambit. the fact that it was in "the new york times means it is game on for public pressure and lobbying. we have seen him make audacious bids in the past that no one thought were going to go through. this is the kind of situation where we are sort of and f

this is what everybody is focusing on, the magic number, 17,000, the united states on the dow jones.

abovearly, the dow jones 17,000, the u.s.come extraordinary figures, very strong, further evidence of the u.s. recovery. are saying the ecb is keeping lower rates longer. it is encouraging. japan, one third of the revenue in the u.s., good news, quarter of its revenue in europe against the goodness. a lot of japanese exporters and chinese depend on the u.s. and european markets for their growth. they are doing well. is with concern, anna, the figure so strong for jobs in the u.s., you may see rates had higher sooner, causing a little cap dinner for the chinese market. they are pulling china down, concern about the market being a bit toppy and concerns about the slight possibility of recession. that is the feeling today. it is a good foundation, but did not see the rally you would have thought airing in mind u.s. jobs, 17,000, and the ecb. >> let's talk of something more corporate, investors for htc commented this morning? >> yes, they are robbed three consecutive quarters, three consecutive quarter losses come expected to tur

. >>> today invest remembers looking ahead to the start of corporate earning season and the dow jones industrial average closed about 17,000 following a surprisingly strong june report and the dow jones industrial average is hovering around 17,000 and taking a live look nasdaq is down 36 and s&p 500 is down 9. >>> if you are flying this summer, get ready to pay more and that's because passengers are raising security fees and they are helping to fund airport security effort and right now they are paying $2 and 50 cents to get to a destination but the fee is capped 2 each way and however starting, the tsa will start $5 and 60 cents each way no matter how many planes you board en route. >>> they are looking into a new plan to keep a major roadway open. the transit authority is preparing for future bart tracks in milpitas near interstate 880. the construction was originally scheduled to include a partial closure but the city of milpitas did not want the road shut down and the judge agreed and that has added 10 months to the construction schedule. >>> and they wanted the best in baseball a

the dow jones industrial average off 0.6%, how do you trade this market? jeff kilburg, and warren is here with me. warren, we are talking during the break and you said you think this market is priced to perfection, so any down day is greeted with a bit of shock. z. >> over the last few months we certainly haven't seen any. as some people appear to be. this is par for the course. we've seen it time and time. just haven't seen it recently. >> you think earnings season will get more scrutiny than in the past? >> i think so. one is the level -- to the. >>> if you owned volume material, is that still a good trade for you? >> i think it is, sue. it's very important. to lawrence's point, we have to wait for the follow-through. the s&p 500, there are some sellers representing anxiety. the treasury pits behind me, there are some buyers representing anxiety, but there's not panic, as long as volatility is under 16, that reps a 1% daily fluctuation. i think owning volume activity officially is a great mitigator for any type of downside move. >> i think jeff has an in

seems the dow jones and s&p 500 have turned into negative territory despite that strong economic data. let's talk you through the european close. indices close higher. micex in moscow traded higher about 0.6% even as the european union slapped new sanctions. up.dax up 0.6% and the ftse i will hand it back to you. >> thanks very much. markus with the latest business news. beena look and what has making waves online in today's web news. s, welcome to the web new are pick of stories making online headlines. iraqization of christians. the campaign for greater economic justice. in sk-- and skateboarding abandoned los angeles. "n," with letter photos posing with the letter. many have taken to the internet in support of iraqi christians persecuted by jihadis who have taken over the second-largest city, mosul. by letter has been reclaimed protesters t. online campaigning has centered hashtag.e "we are n" they have shared concerns over what will happen to christians in iraq, and have asked the international community to take action to end persecution. solidarity viag the web. others have taken

still, the dow jones industrials pushing higher today, just points away from another record close. er for the dow is 17,138. we're not there yet, obviously, at 17,118. what will take us to new record highs? and we cannot ignore what's going on with oil to. we get right to the floor show, trade depressor the new york stock exchange, cme group and the nymex. teddy, i'd rather focus on chipotle, interesting that's a much healthier option compared to mcdonald's and coke. chipotle, gangbusters on its news, then we have coke and mcdonald's not doing well. does this affect the whole psychology, or is this a food story solely? >> no, i think it's, you know, i just think it's company-specific and that, you know, maybe slightly sector-specific, but on balance, liz, the earnings have been better than expected, really not a big surprise. but i think if there was a surprise, it really was early on with the financials. the big money center banks. and i think that really set the tone for the rest of the earnings season. and the numbers are just pretty good. i mean, you can't argue with success. is

this is what everybody is focusing on, the magic number, 17,000, the united states on the dow jones. whether the s&p 500 can continue momentum. whether you believe in the dow theory. that is where they ignited the concept that this bull rally could continue. when you are actually talking about it, sometimes it is over embellished. the u.s. took the lead and they went charging ahead in asia. six-year highs within the asian markets. here we go in europe. the french prime minister tells the markets that the euro is overvalued. not good for exports. the ecb should do more. paris down by 0.2%. have a look at some of the corporate stories. a baby sales company. they had discussions with destination maternity. destination maternity offered 300 pence twice and have been rebuffed. let's see how mothercare opens. when it comes to the number one , thecupation in the u.k. houses, whether you own one or , 1298 is where we are on persimmon. we spoke to the ceo. this market is strong. lending is good. there is very disciplined lending coming through. that is what the ceo of persimmon told us. caroli

. >> when we look back on the dow jones deal, a lot of people said this is rupert's deal. he wants to go to his grave with "wall street journal" written on his tombstone. now we look back that and laugh. this is the tenth of the size of the likely price of a time warner deal. so this is something of enormous ambition. >> charlie: concluding with ian bremmer, the founder and c.e.o. of eurasia group and talk about american foreign policy and the obama doctrine. >> in the world cup when the united states was playing germany, the u.s. was yelling u.s.a., u.s.a., u.s.a., the germans were screaming n.s.a., n.s.a. in the german newspapers, this is continual headlines, front page, every single day, it matters a lot. but they had a problem with iraq. they had a problem with libya. they have issues generally speaking with the way the united states projects power around the world and the way the french and brits are more comfortable. >> charlie: vladimir putin's russia, rupert murdoch's offer, and ian bremmer's look at american foreign policy when we continue. >> and by bloomberg. a

dow jones industrials hitting new record highs, flirting with that pivotal 17,000 level.tell you what isn't psychological, a transports record, a russell 2000 record, an s&p record? >> i thought you were about to ask me where were you when the dow hit 10,000? i was going to say right here on the floor of the new york stock exchange in 1999. here we are looking at dow 17,000. we were a point and a half away today. we'll see, we're 20 points away now as we go into this closing bell. we've seen, actually, tech, biotech, small caps helping us, internet as well, and we know that energy and utilities have been winners all year long, liz, but the traders as we're going into the closing bell now, there's lots of action here. we've seen many new highs, 9% of the names on the s&p 500 are hitting new highs. i know it's been very accommodative, the fed, but you can't deny many companies are posting better balance sheets overall. you've had a very resilient consumer who continues to spend despite the fact they're still worried about whether it's their job or the economy or the value o

. >> they go back on the dow jones.ynamicse the personal of this in terms, 83 years old. >> when we look back on that dow jones deal, a lot of people say this is his legacy deal. he wants to go to his grave with "the wall street journal" on his tombstone. now we look back on that and laugh. this is a 10th of the size of deal of the time warner deal. this is the ambition. -- two sides sites to innovation. aggression in confidence, or anxiety. point, content is king, we're seeing these new kings emerging. and neck withht disney for the largest media company. john malone mopping up cable networks in europe. actually get a lot more powerful. >> the new source a distribution, the internet. if you're a owner of great content, youeat have the option of going to the internet to serve. you get another huge check for your content. that is only going to continue to grow. >> when will we see another offer from rupert murdoch? according toweeks my sources. probably not months. what's happening now is that the fox side is listening t

they look at dow jones and say he would pay anything. he got obsessed with it.e concern is he's going to pay a big number to win it. the fox side is doing a good job of saying that's not going to happen. >> the other concern is some of his purchases haven't paid off so well. >> he doesn't regret it. >> he's enjoying it hugely. >> you have $10 billion in debt in four years. even 20 times, fully diluted. the family was still control it. everybody would be happy. >> who is the largest stockholder of time warner? >> that is a public company. i have the list. august 15 everybody has to file. at that point in time you will know every shareholder. the etf's are the big holders. state street's, blackrock. >> the last time i looked it was capital group. >> they sold a big piece. >> why did they sell? >> i don't know. they are not my client. >> you have opinions even when it is not your client. >> that's why i get paid for. >> are we looking at the beginning of consolidation. disney and comcast and fox. >> there has been real consolidation on the distribution side. you're

the dow jones industrial average above 17,000 four the first time ever. as for the euro-dollar, one euro will get you one dollar and $.36. >> a rest day today at the world cup finals. >> friday sees germany take on france in a mouthwatering clash of european quality. >> does the team have the confidence to overcome their neighbors? >> the german squad in route to rio where they will face france in what promises to be a tough match on friday. excited fans turned out to which the players well and snatch a quick photo before the bus disappears into the darkness. earlier, the stars of the match against algeria, they took questions at a press conference. , one hot topic is whether the captain should be met -- moved from defense to midfield. >> we tend to have more attacking strength with filibuster right back. but i have no problem if he is in midfield. he performs pretty much perfectly. >> as -- took a brief stroll, his squad had the chance for some r and r. jerome took a swing. later, the team went through a light training session. some of the players have t

here's the drop to the downside right when the dow jones industrial average started the trading session. it was down 180 points, just seconds after the opening bell. the vix spiked better than 7%. then things calmed down a little bit. as a matter of fact, we started to see kind of a slow gradual build in the markets until right about here. that's 11:30 eastern time. the european markets were closing. the dow had recovered basically half of its losses. we were only down, only, about 85 points. hour, take a look right here. we're going to put a circle on this. this basically is where we are now. and as you can see we did take a dip. we were down almost 100 points. now the market is starting to come back a little bit. it is really an incredible market story today. the vix alone in the first two days of this week, you know everybody has been saying it's a low volatility environment. this week alone in the first two days the vix has spiked 16%. add to that, today's advance, it seems like volatility is back. seema modi is up down comping the nasdaq. that index is seeing a big jump after stock

dow jones transports down 1 1/3%. the dow has not fallen 200 points or more since early april. that was four months ago. 29 of the dow 30 stocks are down. microsoft is the only one marginally up, and i say marginally. all ten s&p sectors are lower and that's putting the dow and the s&p on track for first losing month since january and first july losses in three years. so july has been actually a good month until now. what about volume? how many people are engaged in the sell-off? runoff is falling 43% above the one month average, highly unusual, especially considering we're watching the volume trend for months and months and usually 10% below the average. what is the catalyst for the sell-off? worries about defaulted argentina, no longer a worry, it happened. argentina defaulted on about $13 billion in bonds and ended up being about 500 million plus in interest payment they missed. fears that the record rally lifted stocks too far too fast for too long and throwing rise and concerns that the federal reserve might raise interest rates sooner than later. and today was the day anx

. >> reporter: we will see if the dow jones can reach the 17,000 you mark, today, some good news about manufacturing, in both the united states, and china. really push the markets into record territory yesterday. dow jones shot up 129 points, closing at a record high, the nasdaq gained 50 points, today we will learn some new numbers about jobs, from adp showing hiring from private companies picked up last month. that comes out around 8:30. that will certainly move the markets for the opening bell, ukee and quarter. >> t mobile is accused of over billing customers, what is up. >> reporter: yeah, two government agencies says that the wireless carriers scammed hundreds of millions of dollars from customers, the the fcc filed a lawsuit yesterday saying t mobile charged fees for services that subscribers never ordered, things like hard scopes test and quirky ring tones. t mobile is blaming third party vendors and says it reached out to customers to refund the money. the government either way is urging t mobile customers to check their bills, ukee and erika. >> check your bills, that is righ

still to come on tonight's the dow jones industrial plummets more than 300 points. among the factors driving it down is argentina going into default again. gone to workers have a landslide in western india. it happened wednesday while many were asleep. it's claimed at least 30 lives and that number is expected to rise with up to 200 people buried. two days of torrential rain triggered the event. landslides are common in the area during the monsoon season which runs from june through september. the bbc's correspondent reports now from mumbai. >> for some, it was their worst fears coming true. their loved ones had not survived the disaster. families struggling with the shock of how sudden it all was. a wall of mud and water swallowed an entire village so complete that you can hardly tell there were homes here filled with people. men, women, children. and in one of the homes, this 3-month-old baby, who survived after six hours under the mud. the baby's mother was also rescued. >> i was feeding my baby. at that time i heard the sound of stones falling, so i started runn

here's the dow jones for you. we were down 301 points a minute ago and we are down 310. losses are accelerating there it appears. 16,572 for the dow. there's some concerns with economic indicators out there, argentina, portugal and other things. the conflict between israel and hamas is dominating social media. so many people especially young people, use facebook to get news updates. does your facebook feed have a bias on the middle east? tech correspondent samuel burke joins me now. what does this mean? i know many people when i ask them how they get their news, they will say facebook and twitter. what does this mean, a bias? >> hala, i was working on a story about #jus refuse to be enemies. they were talking about how their facebook feeds were so different from each other. one every pro-israel, one very pro palestinian. i found many jews and muslims noticed the same thing in their feed. in digging into this, i realized that the facebook feed, the way that it's programmed, the algorithm might be playing into this type of bias, let's say, inadvertently. it's trying to show

we will see if the dow jones can make history today by reaching the 17,000 mark.ood news about manufacturing in the u.s. and china, set sent the markets in record territory. dow jones shot up 129 points closing at a record high but just still shy of the 17,000 mark. nasdaq gained 50. u.s. car sales are in over drive, last month they jumped 1.2 percent, their strongest pace in nearly eight years. even at general motors despite dozens of recalls, sales went up by 1 percent, chrysler sales also jumped 9 percent, that is thanks in part to the popularity of the new jeep grand cherokee. >>> t mobile is accused of over billing and scaming hundreds of millions of dollars from customers. the federal trait commission is suing t mobile saying the cell phone carrier charge fees for services that subscribers never ordered, things like hard scopes, text and ring tones. t mobile blames third party vendors and says it has reach out to customers to refund the money. >>> burger king is showing its expert for gay rights with the proud whooper, it is wrapped in rainbow colored foil a

trading begins today with the dow jones below 17,000 for the first time since hit ago this milestone last week. yesterday the markets fell despite get gooding news about jobs. dow jones tumbled 118, nasdaq fell 60, its biggest one day drop in two months. >>> this afternoon the federal reserve will release minutes from the last meeting, investors will be looking for hint about when the central bank could raise interest rates which are still at record low levels. >>> another car recall, this time, ford is recalling about 92,000 vehicles in north america because of a problem with a part of the front axle in some of the cars. ford says it could cause loss of drive function, the recall, includes 2013 to 2014 ford taurus, police intercepter sedans and flex, lincoln mkx and mks and 2012 ford edge and lincoln mkx. no accident or injuries, have been reported. >>> and it is almost time to wish 7-eleven a happy birthday and for its eighty-seventh birthday on friday july 11th, yes, 7-eleven will be handing out millions of free, 12-ounce slurp es but for the first time ever 7-eleven is extending

will the dow jones break 17,000? will nasdaq continue? dow transport catch up with the industrials? those are all questions as janet yellen goes to speak at the imf. not fail. they took it gallantly and they took us ahead in terms of six-year highs. here we are in europe and the momentum is still there. iliad driving the market back there. this is built on valuations, the strongest valuations in four years. can the u.s. march ahead? central bankpean deliver quantitative easing? notes from the french talking about the value of the euro, saying it is overvalued. the ecb probably needs to do more. the tone will be set by the adp. that is the current razor to payrolls. >> we are going to look at why to letters rrs -- two letters are all you need to go viral. i have already sent a yo to my buddy in tel aviv. ♪ >> welcome back to the polls. i am mark barton. here are the top stories. french president is being charged with influence headline. have a political comeback. denies the allegation. the foreign ministers from the ukraine, russia, france

and we are looking at a dow jones industrials that's down about 19 points. for a record close. we're watching this very closely. we're watching your money, but we are also watching how the big wall street guys invest. plus first lady michelle obama, did she take a swipe at hillary clinton's 2016 presidential aspirations? charlie gasparino joins us with comments michelle recently made at a wall street fund raiser. >> it was at the home of kansas city myers who's -- chris meyers who's after ever corp.. here's what she basically said, she said that if, you know, she doesn't want to run herself because one family, according to michelle obama, should not be in the white house in perpetuity. liz: that's a swipe. >> now, that is a comment. i'm going to give you my source. there was 20 people present, mostly wall street people, lawyers involving wall street and democratic activists in manhattan. i confirmed it with someone else who was present. we should point out mr. meyers is not denying this was, this statement was made. and michelle obama has not returned our ca

the dow jones industrial average off its highs, high now by about 112 points.&p and nasdaq also in positive territory. >>> in the wake of the malaysian air tragedy in ukraine, we want to know if it's common for commercial aircraft to fly over conflict zones. our phil lebeau and an aviation expert are standing by and you won't believe what they've found out. that's still to come. ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. share your summer moments in your mercedes-benz with us. offers end july 31st. when you're voting for this summer's top 100 shows and movies with xfinity on demand, beep, beep, beep... watch to vote for family values on family movie night. this message paid for and approved by xfinity's family hits. tell me the whole thing again, i wasn't listening. watch to vote with xfinity on demand. for this summer's top 100 shows and movies. and remember, the only thing to

here is the dow jones for a year. and you have this running argument about this on the weekend shows on fox news channel about whether thesiders are the way to go. if you don't feel comfortable. you say you never get rich by investing insiders. >> listen you make a lot more money than under the mattress. people hot have 120 grand out there. you have 45 years old. a couple is 45 years old. you may not get where you be at 65. but i prefer -- david: what if you are 65? then maybesiders are better bet. i do think because we're living longer, if you're 65, there is a huge chance you will be5, i think some of the old models on subtracting your age from 110 to get your bond holds and stocks holdings, that has been turned to a small degree on its head as well. david: we're narrowing down. let's go to sectors. is there any particular sector you favor over another? >> energy is phenomenal. this energy miracle continues to go. particularly anything involved on fracking. on-land drilling, that kind of stuff is phenomenal. i think

playbookusing the same with dow jones? >> he is.nk what he has done fairly successfully is approach a company, talk about a deal on if they do not get a positive response, link it out to the marketplace and the pressure builds on the target company and shareholders to make a decision. that's where is time warner most will marvel? >> internationally. they do not have the big enters not -- international footprint. they believe international markets really represent the best growth. time warner has acknowledged that is an area they need to invest in and grow in. conversely 20th century fox a big player financially. >> megan hughes telling us about the regulatory hurdles. >> when you talk to attorneys in the space him antitrust attorneys, most believe the transaction will pass regulatory muster. there are really no broadcast license to speak up. really a concentration issue. this is a global business. what i think they will argue with all of the technology come into the marketplace, so many more choices or how all access market content

dow jones industrial average 17,083. is the s&p 500 and the nasdaq clearly the biggest gainer today. michelle caruso-cabrera joining the conversation, figuring out what the president said, maybe what he didn't say, that could be helping the stock market here. >> you pointed out earlier, so there are two potential issue us. right? pointed out him not increasing military presence beyond the nato obligations. in addition, the way they spoke of sanctions, not announcing new sanctions on russia and at the end noticed he acknowledged russia's a large economy. we want to focus on sanctions that hurt their economy but keep the impact on the united states to a minimum. that by definition means you're not going to have very strong sanctions, because of such an integrated economy. the fact he did not announce new sanctions could be one of reasons we see an additional leg up in the markets at this point. >> it's reasonable. people don't want to see russia and the russian market fall apart. and people don't necessarily want new sanct

the the dow jones looks like settling 65 points to the downside.erhaps a touch more. nasdaq almost flat. it was in the green for much of the day but ended in the red but just barely so. russell 2000, small and mid-sized caps ticking to the upside. not a good day for the market. 17,000 level. can't seem to gain any momentum getting back up to that level. seems to have found that as a ceiling here. "after the bell" tarts busy day with earnings right now.

murdoch went after dow jones, dow jones worked at "wall street journal" for a long time, dow jones was crummy company, lousy management of the jeff bewkes has done a decent job. he knows as i have been reporting other potential bidders down the road. silicon valley potential bidders. in order to get this deal done, more candy going his way and more cash with higher price. that's what you see. melissa: anybody want to guess what the tipping point is? what is the price that gets a deal done. >> i wouldn't even think the deal will get done. i'm assuming department of justice might display a little bit of backbone and start questioning these things when they benefit consumers. i'm amazed when comcast bid for time warner, there was virtually nothing said. melissa: that would -- >> why wouldn't this benefit consumers? content play as opposed, comcast is little different. they are controlling pipes. they could theoretically you put clams down -- >> mr. murdoch when he wants something is willing to overpay. melissa: put content together in one spot? >> the only point i make, he tried to acquir

are seventeen thousand sun humans no humans are benefiting from the dow jones being at seventeen thousand only the machines of their overlords the vast majority of people out there none of which. in any meaningful percentage of stocks are benefiting from the machine's algorithmically high frequency trading only pushing the stock prices up the machine. driving innovation in the space in the biology space in the new cyborg space. so on this very show we've had you oppose fly by many times as people have pointed out these are good the product of machine intelligence artificial intelligence there's no room for your matter anymore but that's the thing is the government knows what the problem is why we have colony collapse disorder we know that it's g.m.o. those we know it's the combination of the g.m.o. isn't all. the fertilizers out there they don't win it all. yeah the bees are communists so they have to be wiped up the bees are geologists they must be wiped out the bees are terrorists because they're have the temerity to add something to the economy without taking any financial. ration what

going to go private coca-cola is going to go private every dow jones component going to go private they're going to take it all private i think that's the master plan is to remove public ownership or stock market participation from the unwashed masses who have the temerity to go out there and buy a share in some publicly listed company hoping that they too can emulate warren buffett all that's going to be wiped out by the koch brothers and the buffets of the world the private equity. am artists are going to take it all private and that's what these it's going to become be told when oligarchies you know america's a clip talk oligarchies well finally he says here that if this price today is fairly priced as the usa today article says interest rates would need to stay zero until twenty forty that is the only way they're fairly priced ok well go along vomit futures because it's a long way to fill the grand canyon with with pure unadulterated spew stays you've got to go thank you my son states over the second half a whole lot more. i'm happy martin the stories we cover here we're not going to h

dow jones adding 121 points. the nasdaq up about two thirds of one percent.s, a that governs alibaba group strength ring -- strengthening the grip over what could be the largest ups -- ipo of all time. to more on the battle control the internet giant, i am joined by leslie picker does. first of all, we should say this company not having many problems, not hitting any road marks when it -- roadblocks when it comes to getting this approved in washington, right? >> there was speculation there would be backlash from regulators. there was a congressional report that came out warning investors against entities fractures. the entity that enables investors to invest in a contract instead of the actual company. however, it seems to be, according to our sources, and is flying through without many hurdles and revisions in questions. an indication that they have done a nice job in answering questions the sec would have had. story is as this concerned, who is this group, and why do they get the power to expand the board without the approval of the rest of the shareholders

the dow jones industrial posting a win nd the s&p as well.the bell" -- the ball and the bell, starts right now david: following the bouncing ball as we follow the bell. i would figure i bring them all together. the dow is up solidly up 20 points. let's get to today's market