. >>> plus, we'll ask investor eric jackson where he is finding opportunities in the sector. >>> andresident biden slated to host a news conference next hour as he marks one year in office we'll take you there live as soon as it happens >>> first of all, let's focus on the big stories we are watching today. mike santoli is tracking all of the market action. i will tell you about the highlights and sara's covering the popping p&g. but, mike, start us off with the big picture. >> pretty apprehensive trading today. we're sort of churning near the lower end of this range, actually made a new low on the s&p 500 for this pullback, a little bit below where we were a week ago monday. a lot of things coming together right at these levels. there were a couple of weak rally attempts but everything seems to have slowed down just a bit as we get around this area here. we're barely above where the market peaked out on september 2nd of last year so clearly not a lot of net movement and we've always repriced for a new fed regime over that period of time. we're stepping down in terms of earning growt