coming up, kelly talks to fedex ceo fred smith.at all-time highs in the transportation sector. that should be very bullish for the economy. we'll find out what that he thinks about that coming up now on the second hour of the "closing bell" with kelly evans. >>> and welcome to the "closing bell." i'm kelly evans. in the session that started out quiet is going out like a bang. you know what those graphics mean, the s&p 500 rallying on the back, hearing from fed chairman janet yellen and the decision to put up almost 100 points on the board. the dow jones industrial average going out up 96, the nasdaq up 25, the s&p 500 adding about 15 points, 1,956. write it down. that is a new closing high. let's get right to it with today's panel. joining me is michel meier from bank of america, america lynch, private investor evan newmark, cnbc contributor jon najarian and steve liesman will be joining us. and we have "fast money" trader guy adami with us as well. guy, i'm just going to ask again, a capitulation day for the bears. >> doesn't feel

fedex's ceo, fred smith, is live on closing bell at 4:00 eastern on cnbc.are a twitter user on the edge of 140 characters or want to know who is clicking links you share and how many times, our next guess is trying to solve the digital problems. mark josephson is the ceo of bit.ly. shortening links, and if you're like me, a twitter user, i use it every time i tweet. the question is, though, how do you make money 1234 i don't pay. >> sure. having a great product is important. we work with more than 40,000 brands to measure the performance of their links and are paid on a monthly basis to do that. >> i can access analytics, which i think a lot of people don't know, and i think that's important for the company because you are trying to branch out and earn money. >> it's a complex land scape for marketers today in figuring out what is working and what is not. bit.ly is working since 2008 with more than 40,000 brands to understand who is clicking on the links, what's working, what's not working, is facebook better than twitter for this campaign, et cetera. >> wh

fred smith got a c in his college class, about his work was a delivery, they said it was not feasibled an etf news letter, people were telling me, nobody wants it, now there are over a trillion da will dollars in etfe would be in a boring world, i am glad people are out doing that. >> and mick jagger, he was in london school of economics, his computer or said -- tutor said, don't be a rock star, you will not make money, now his brand is billions. >> mark zuckerberg is not that cute either but he is worth a lot of money, he dropped out of hor vard, people thought he was crazy he just wanted to meet girls look at him now. charles: i am waiting for some new jersey rocker, bon jovi, tell me. >> i su subscribeed a manuscript for harlequin romance, they said, you are a terrible writer. but i am a journalist. and here i am. >> what is great, you took that no, you turned it to a yes, i lot take ta that no. >> you know, my i remember i was 14 years old i wanted to work on wall street, no one encouraged me except my mom, everyone in school, and my friends, family members, said no way, it will e

volumes in the ground business, chairman and ceo fred smith was on cnbc moments ago, take a look what he had to say about his companies performance as a whole. >> we were relatively confident about the economy. we see a bit of an act sell racing. we think the quarter we are in now could be as high as 3.9%. >> guy, 52 week itoday. >> this was a 6% higher good quarter? i'm not sure that was the case. the goes was nothing great. 17 times forward earnings? reasonable. i don't think you can go out and initiate a long position in fedex up 6% on five times formal volume. this is too much to me in one day given these earnings. >> would you rather? . >> i love this game. ups. >> really? i was going to ask you that. >> i worked at ups. i got to wear the shorts. >> very cute. wow. >> hot, hot, hot. >> there it is. >> nice gams. let's move on to conagra, weakness in consumer foods, specifically singleing out the chef boy ardee line. >> this is one of the ugliest carts i have seen if a long time. this was cost cutting, efficiency story, a lot of others left it for dead, these are not the brands of

>>> "closing bell" has an exclusive with the ceo of fedex today, also interesting to hear from fred smith. that's at 4:00 p.m. eastern time, one of the titans of american business. sioux? >>> stocks are kind of mixed now, waiting for the fed's decision on interest rates. so how much of an impact with the rise in geopolitical risk have. as you can see the dow is down 12 1/2, s&p is up a fraction. gentlemen, i apologize in advance for the brevity of this interview, but we had the breaking news from gm at the stop, so i beg your indulgence on that. let me start with you, alex, if i could. how dao vu the markets and what part of the globe, given your international footprint, would you be putting money to work in? >> i think we would still remain very positive on europe. i think uk seeing some strong numbers out of that market. beginning to get -- and i think there's more that they can do going forward. we would like that market from a price act. equally from the state. we see underlying growth out of this colder winter and inactivity in the first quarter, so some accelerating growth in the u.

fedex ceo fred smith joins kelly on the "closing bell" this afternoon.terview will start live at 4:00 p.m. eastern. >>> we're also watching general motors today. a quick news alert for you. you're looking now at live pictures of gm's ceo mary barra's testimony before congress right now. of course that is expected to take place throughout the morning, and prepared remarks, she listed seven detailed actions the company has taken in response to that recall investigation. she says it's not just another business challenge and we'll bring you any important updates there as it happens. kelly? >>> coming up, money in the cloud. the ceo-of of adobe, how cloud leading the way forward. >>> plus, call it the big pen bull. the unlikely partnership, and an apple bombshell. the cheapest imac popping up almost out of nowhere on the apple app store, and everybody at home, your chance to be a part of "squawk alley." later this hour we start asking questions that you the viewer can vote on and see the results live on your screen. all you have to do is held to the cnbc.com/