we tried to work with lennar to find a solution. but lennar denied any wrongdoing. we then asked the ocii for assistance. when this commission called lennar to one of its meetings to explain its misrepresentations, lennar instead sent its attorney who said due to the possibility of litigation, lennar had nothing to say. the commission said there was nothing more than it could do. as an up diet the exhibitioner as you recall at that meeting, lennar's attorney mr. smiley told you that he, on behalf of lennar, was commited to working with us to resolve the issues. but then in the following weeks, lennar informed uss that mr. smiley indeed did not have the authority and was not commited to working actualeder any resolution. lennar instead restated that it had done nothing wrong and there but nothing, therefore, to resolve. forcing us to pursue our really remedies. turning my comments back to the developers, now that you know the recent history of these parcels, i hope you recognize the responsibilities and opportunities that you have here. i ask you to meet the homeowne

it wasn't high enough to close any concern to the bond market banks are up and even companies like lennarnd poulty the home builders are up finally, you see some smaller companies -- companies that are lagging, i should say, more accurately the defensive names like procter & gamble, consumer staples a bit on the downside. what happens next? do we have an all-clear for the markets? remember, march 21st is the federal reserve meeting. here's what we're likely to see. number one, you'll hear from bertha in a moment only 3% from new highs on the s&p 500. not clear where we'll hit but the path is there. the big worry remains in inflation. we had subdued inflation but the market is saying to us, knit movement in inflation, up or down, is going to affect stocks. back to you. >> bob, thank you. we'll see you on the close meantime, yes, the nasdaq did hit a fresh all-time high since january. ba that, with a look at the movers. >> it's all more remarkable when you think that jobs report that led to the selloff that sent the nasdaq into correction now the nasdaq is up 11% since we bought them one mo

retail names are dominating market levels along with ulta, l brands, chipotle, alaska air, merck, lennar and more. a rye meender, you said the dow and s&p 500 are negative for the year thanks to bigger losses we've seen this afternoon, they're both on pace for their worst day of the month in september 2015 the nasdaq on pace for its worst first day of the month since january of 2016. back over to you guys. >> 40 minutes to go. we'll see how things tally up. thank you, kate. we're down 327 on the dow. >>> an exclusive interview with the new ceo of csx heuses steel on the tracks, on the trains, his cao.rg his take on the tariffs coming up here on the "closing bell." >>> welcome back to the "closing bell." let's clek in on the sector performance today. somewhat surprising. you've got energy at the top only down two basis points oil is slipping and energy is the worst performing sector in february if we look at the financials, the laggards, financials were an immediate response to the steel tariffs. financials slipped to the bottom we have seen bond yields fall. financials at the bottom broa