lori rothman, thank you very. as lori said the fed raise the rates quarter of a point, the vote was nine in favor but there was a single dovish dissenter. guess what we have him. minneapolis fed president neel kashkari here to tell us why he voted no. >> inflation continues. core, pce the inflation number we watch continues to come up short 1.7%. the job market is very strong but unemployment rate is not dropping. because the labor force participation rate continues to climb. that suggests that the labor market continues to have slack. if we're not inflation and maximum unemployment, i don't see why the rush to raise rates. ashley: when you made the argument to the others why did they raise? >> it is to degrees. if we get behind the curve we may have to raise rates more aggressively. for the past five or six years the federal reserve keeps overestimating inflation. we keep inflation right around the corner. we're surprised when it's not. i'm saying be patient, inflation, it is still undershooting our target. let i

adam dunn and wealth management president kimberly, and steve cortez and lori rothman. lori has reaction on the floor of the stock exchange which we gained 30 or so points. this is as people anticipated, there is a market that like to have some reassurance knowing they were right. >> you hit the nail on the head, the dow is up 75, it was up 35 points. the vicks has been down 5% today so market got exactly what it was expecting and more importantly the fed laying the groundwork for two more quarterdeck increases for the duration of 2017. there is the s&p 500 up 0.6%. a lot of buzz on the floor, trades being made, everyone dipping in. the question is janet yellen takes a press conference, asked about trump's tax-cut plan and for monetary policy. trish: we will keep checking in with you. do they need to do this? >> they need to do it, mission accomplished at the fed. lot of people working, full unemployment and they have price stability, we have both, time to get back to normal rates and they are doing that in a slow, deliberate, steady way. trish: i will go to steve to wei

lori rothman, thank you very much.kets dropping this morning after president trump met with members of the gop conference on capitol hill about the latest rumors or i should say maneuvering on the health care bill. conservative republicans, a group are still resisting president trump's proposed health care plan to replace obamacare. thmore members are trying to appease lawmakers. making medicaid recipients work. reevaluating medicate block grants to state. making tax cuts bigger and the retroactive to january. just some issues being debated. we are joined by someone who was actually inside of the room with the president this morning, republican congressman and house budget committee chairman diane black. thank you so much. congressman, i appreciate it. i always wanted to be a fly on the wall in one of these meetings. you were inside. in fact you were called out for special praise by the president this morning for your efforts to get this thing moved through. my question to you, the first question is, what was the tone

fox business lori rothman is live at the new york stock exchange. lori?> don't forget markets rallied after the fed rose interest rates yesterday and said we have two more. that was one great hike fewer than what wall street was afraid of so it was a rally yesterday. it's coming in a little bit today. markets aren't moving a whole lot. let's look under the hood. there is a lot investors are digesting especially with the trump budget. health care stocks are taking it on the chin today. you basically got calls for cuts in funding for research, swell calls for higher regulatory themes among many of the pharmaceutical companies, the biotech companies, medical device companies. basically all of the subgroups within the health care industry. familiar names, johnson and johnson, phizer, merck. real controversial, trump has not held back, the president has not held back, saying they are just getting away with murder what they're charging folks for prescriptions and other treatments. back to you. >> melissa: he has said that. lori rothman, thank you for economy, l

>>> what are traders saying on the floor of new york stock exchange, lori rothman, with the inside scoopri? reporter: this is what i have got for you, ashley. house speaker paul ryan, on fox news, fox business a little while ago. he sounded quite optimistic they will get enough votes to pass health care. this is on the floor a headline-driven market. so because ryan was optimistic, his quote we're adding votes by the day. that it is important that we can get to tax reform. tax reform is what everyone here cares most b. health care really turned around. health care providers opened lower. health care sector on s&p is has been lower much of the session. cigna up .6 of 1%. overall winners on s&p industry wide, technology, basic materials, utilities, industrials, you know trading lower here, financials. well that is a fed story. financials topped out before the fed raised interest rates last week. retail, retail has been struggling. those are a bit separate. getting back to the headline-driven market theme, it is all politics. they are glued to their tvs watching paul ryan, house speaker, wa

let's begin with lori rothman at new york stock exchange. and closing numbers. o is being hit the hardest, lori? reporter: financials are having a tough day. goldman sachs, jpmorgan, caterpillar in there as well as dow's whackest performers. financials as well. some other names, you can see on the screen some of the smaller ones. regions be citizens financial, morgan stanley, look at that 5 and 4%. this is the worst day of the markets all year in fact. tech had a tough day today. facebook hit all-time high, 131.99 but it faded off that level. it is down 1%. it's a situation where people here on wall street were so concerned about the market coming so far and so fast it took a break today. i said earlier it is painful but it is healthy. the word on the street looking at some big etfs and qqqs that followed. the dow jones industri avera very, very l volume and that is really a signal that a lot of people are thinking hmmm, maybe we're he seeing a top here especially if you consider what the political climate is here right now especially with the president's policie

lori rothman on the floor of the new york stock exchange. what are you watching, lori? reporter: the vix popped up a little over 12, it is well, well under a level of 20, which is the long-term average for the volatility index. folks are calling this crisis fatigue. analysts say every time there is a shock to the system like 1% decline we saw yesterday, everybody buys in. they pile back in. you guys brought up a great point, this vote to repeal obama care coming tomorrow, depending on that outcome, that could be the next catalyst for this market. today, call it a wait-and-see. talk about specific stocks. nike reporting earnings, rising sales the other day. but still softer sales than what wall street was looking for. nike also reported a sales warning, concerns about growth. they have even more competition from the likes of under armour and adidas. a real tough session for nike, off 7%. the worst performer on the dow today. sears similar problem. this is affecting nike, a changing retail environment. apparently sears which fell 12 1/3% today having trouble accessing liq

new york stock exchange correspondent lori rothman.e's in good shape, even though the only running he does is of the red light, comedians ph. he's one hell of a guy. political editor guy benson. and sitting right next to me, comedian and author tom cotter. okay, let's start the show. in his address to congress tuesday night, president trump delivered a soothing, sober, conventional speech, sticking closely to the script. classic trump. the speech went over well with the public. "he seemed presidential" everyone said. even democrats weren't too down on it. 40% at least somewhat approved, 18% strongly approved. of course, some democratic lawmakers still pan the president of matter what he says. >> i am here tonight to deliver a message of unity and strength, and it is a message deeply delivered from my heart. democrats and republicans should get together and unite for the good of our country. and for the good of the american people. [applause] >> tom: they kept that up the whole night. give a tromp time, i'm sure he'll win them over. it'

lori rothman with the latest. reporter: everyone here was satisfied with february jobs report, the numbers were better than expected. 235,000 jobs created. well ahead of the wall street expectation of 190,000. unemployment, 4.7%, and average hourly earnings jumping up by 2 pu2.8% from this time last year. for a long time the market today was pretty static, likely could be because expectations for an interest rate hike jumped up to 93% at next meeting that is march 15. before release of february job report, expectation was 88.6%, to that is according to fed fund futures, a financial instrument some use as a gauge to see what fed's plans are for raising rates, they are expecting a rate increase this month and a faster face pace -- pace of hikes this year. today we saw market come up a little bit, a losing week, but all said and done, friday session the dow chocked up 44 points, finishing 20902. about 100 below the milestone 21,000 mark we hit not so long ago, back to you. >> despite the good jobs number, democrats i

. ♪ >> i'm lori rothman on the floor of the new york stock exchange with this fox business brief.p enthusiasts are smiling today, beauty big box retailer ulta reported a 17% pop in fourth quarter sales. even with guidance trailing estimates the count struck ah tx brand. one retailer taking a bit of a hit, specialty clothing store, zumiez, the latest retailer to list soft outlook. go airlines having two drastically different days. southwest cutting revenue due to unexpected softness for flights at the last minute. jetblue reported third quarter available associate per mile will fall less than expected. liz talks jobs and millenials coming up. ( ♪ ) upstate new york is a good place to pursue your dreams. at vicarious visions, i get to be creative, work with awesome people, and we get to make great games. ( ♪ ) what i like about the area, feels like everybody knows each other. and i can go to my local coffee shop and they know who i am. it's really cool. new york state is filled with bright minds like lisa's. to find the companies and talent of tomorrow, search for our page, jobsinne

i'm lori rothman live on the floor of the new york stock exchange with your fox business brief.he broader markets are a little breather today. retail stocks are outperforming. after getting hit by target earnings earlier in the week and possibility that the border tax legislation may be pushed back until 2018. notable gainers, express, best buy, urban outfitters and. biggest retail gainer of all, fitch tip, up 15%, despite missing on earnings estimates. the one bright spot in abercrombie's earnings is improvement in its hollister brand. the price escalated as e-trade follows and fidelity's footsteps slashing commission rates, dragging online broker stocks into the red. e-trade lowered commission rates to $15.99 and costs to five bucks for active trader. "countdown to the closing bell" with liz claman. liz: nothing like a great flower crown to add to your head. isn't that pretty? snapchat stock, and my plower crown, up 46% on first day of trade. snap calls itself a camera company, not because of camera app, snapchat, but the star product is the snap spectacles. they cost about 13

. >> i'm lori rothman ron floor of new york stock exchange. fox business brief.eping stocks at bay. s&p up about two point. stocks in the news, actually an ipo here. j.jill the april not feeling the love as consumers shop more online less at brick-and-mortar stores. it debuted at the new york stock exchange at 13 bucks a share. the stock trading slightly below that price. american international ceo peter hancock resigning at two years of giant insurance con conglome. the board will ship for a replacement. until then hancock will stay on as ceo. aig shares only slightly lower. >>> incomes up, liz speaks with two white hakobyaners about wikileaks exposing cia's cyber warfare playbook. don't miss that. stay with us. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? rain before you told my face. mmm, blueberry? tap

i think lori rothman's comments were very positive. they got three for 2017, three for 2018.o mention shrinking the fed's balance sheet. another big positive. i will pick up on jon hilsenrath's point. they talked about a symmetric inflation target 2%. that moons 2% is not a ceiling. it is semitic. it is not a range. those are of for the equity market and equity market as well. liz: back to you, jan. you're making a contrarian play. what is it? >> for the fixed income markets i think what the fed is doing by being so predictable like a lobster being stuck in a pot of boiling water. fixed income investors we think have to reallocate in face of a rising rate environment. we like high yield and diversified fixed income like emergi market which has lower correlation to u.s. treasurys. liz: as people have been pulling billions out of these fund. >> we think they're making a mistake. liz: you think ron paul is a making a mistake. do you think, john, that ron paul is wrong when he says short the market now? >> economy is moving ahead. janet yellen was pretty positive on her statement

lori rothman on the floor of the new york stock exchange. lori very quickly what stocks were most affected by all this movement? >> david, the traders on the floor were certainly on pins and needles. the dow jones industrials went past unchanged line 80 times today. from senior editor charlie brady. traders say watch the financials. that was bellwether. retail was up. the other key area to watch, how the market feels what is going on in washington where we go from here, small caps. russell 2000, which monitors a lot of those, up as well today. the thinking here is that the market so far this week only down 1%. today's declines, not a big deal. the concern is fading that you have to get health care done before you approach the other initiatives like tax reform. david: lori, thank you very much. let's bring in our panel. for more on the active market. we have scott martin and lindsey piegza. good to see you both. do you have any doubt this market would take off if there was a passage of this health care bill? >> i think it would be a good sign,

let's go straight to lori rothman on the floor of the new york stock exchange. lori, investors really liking what janet yellen said. reporter: they did. in fact it was a bit of a relief on the floor that we'll get three rate hikes including today's, not four. that is why you saw the stock market shoot up. dollar got crushed. typical seeing markets moving in that direction when you have a growing economy, with a fed still despite a rate hike today, pretty dovish how the move was interpreted. look how sectors performed. infrastructure stocks had a great day today. infrastructure spending part of the president's economic growth policy. look at united states steel, up better than 5%. and homebuilders, we had a report this morning industry survey showing that homebuilder confidence, best in 12 years. no surprise those names caught a bid today. all-time highs today, because of the fed and expectations much economic growth. apple, facebook joining likes of google. back to you. david: lori, thank you veryuch melissa? >> oil ended up 2% at 48.86 a barrel. crude getting a

let's go straight to lori rothman on the floor of the new york stock exchange. lori, there was great concern we would see a huge selloff after the health care bill failed. not really the case though. what are traders telling you? >> they're calling it crisis fatigue, melissa. been there, done that sort of attitude. the market came way back. we've seen the dips with other disappointments and other uncertainty, right? there is no follow-through. yes we're about the 600 points off the top of the dow jones industrial average but no signs of panic selling. now, if you unpack this a little bit, look at specific sectors you do see a tie-in into disappointment here on wall street that the president's health care plan did not pass, especially in the financials. so the financials which had been benefiting tremendously, the leaders since trump won the election and replay trade as we call it, trump rally, they were not down by a whole lot. wells fargo, morgan stanley may be the exceptions. considering how far they have come not dramatic or painful turn around there. on the o

fox business network's lori rothman joins us live from the new york stock exchange with more. i miss seeing you around here. good to see you on screen. seem to be pretty happy with president trump's speech. >> i have to tell you this is a pretty plum assignment today. check out that dow. just hit 350 points. a gain of 350. pretty close to the best session. really the talk on the street today is that not only did trump deliver in his speech last night, president trump, but he brought even more, really digging in on themes of tax reform, infrastructure spending, regulation roll backs. giving security to know that our economy is in pretty good shape. the big runup we saw in the market from election day to yesterday could very well be justified because trump is very serious and he got a lot of practical ways of implementing his pro u.s. growth agenda. so basically we're looking at if the dow, let's just say we're pretty safe that the dow will close above 21,000 today. the move from 20,000 to 21,000, dana, that 1,000 point rally ties for the quickest pace in history. so since electi

lori rothman. the stock took a hit back then. how about now? >> show me bixby.e samsung's equivalent of siri or "alexa." it will have curved screens, encrypted facial recognition, that should be able to work as a desktop computer. hey, it is waterproof. i don't know if you drop iphone in water, stick it in rice, you may have an accident, as you alluded to, this is important rollout. the galaxy note 7 and. liz: the rice thing doesn't work. right, melissa. >> it worked for us. liz: erything works out for lissa francis. blondes versus redhead two trading days left the first quarter of 2017. starting year on very strong note. we have seen nine down days out of the last 10. what should your playbook be for the next guest or next quarter? my next guest, he knows how to pick stocks. j.c. parets. eagle bay founder. first time i heard you say that. >> we've been doing this back and forth, liz. sure i had bearish calls. last year i come back here last fall and bullish pounding the table. got to buy stocks. our upside targets have been hit. okay, you're bullish last summer

lori rothman on floor of new york stock exchange. stocks climbing despite janet yellen and her comments of a rate hike coming in march. >> david, some people interpreted promise or putting on the table likelihood of a march interest rate hike is good news. that the economy is getting traction here. that economy can with stand higher rates and inflation is going up. yellen mentioned that inflation is moving closer to the two% target. inflation moons wage growth. the economy met the jobs portion of the mandate as well according to yellen. we're at 21,004 holding to the key milestone. snap adding 10% on tom of yesterday's 40% gain in e debut on wall street. that is worth attention. we're up on the week so the rally is still intact. talk about the airlines. these are soaring on a move by president trump here saying on friday they will suspend action on obama administration decision back in october which would probe long-time practice of airlines protecting various websites showing their air fares online. american airlines up two, almost

lori rothman on the floor of new york stock exchange with other major movers. high, lori. >> we had major movers have, david despite little changed action. big name stocks with facebook. second consecutive trading session for a record for facebook. so this is the 14th record close this year. shares closing up .6 of one point. the news associated with this, facebook is introducing new products that will offer similar service via snapchat. snapchat is struggling of late. oh, the competition continues. >>> vertex pharmaceuticals with great news. its cystic fibrosis treatment succeeds in late-stages trials. that is 21% gain for the drug developer. >>> restoration hardware, shares had a nice day up about 15% there. they were doing a lot of promotions. more of a membership model for restoration hardware. back to you. david: thank you, lori. melissa. melissa: oil thanks to a smaller than expected build in the weekly supply. gasoline futures up 2 1/2% on bigger than expected draw down last week. there is crude oil for you. david? david: not giving up on a plan to replac

let's get right to lori rothman watching all of the action on the floor of the new york stock exchange. and, lori, a lot of stocks hitting brand new record highs. who are today's biggest winners? >> more than i certainly can count, that's for sure, melissa. let's get right to it. today's winner powering the dow past 21,000. jpmorgan up 3.6%. american express, boeing, travelers, defense spending, trump's speech digging in on the things he said out in the campaign. infrastructure stocks in particular. taking offer today, on trump's pledge for one trillion dollars infrastructure spending. the top two benefiting from better-than-expected earnings. so those two companies, like at diecom up 18%. look at facebook shares hitting all-time high. dycom. this is important, we're expecting snapchat to officially the price the ipo debut on wall street tomorrow. you have to interpret this gain of 1 1/2% on facebook, again a all-time high. not a lot of concern among investors or tech industry for a lot of competition. maybe competition between snapchat and facebook, maybe not such a bad thing. back to

lori rothman is on the floor of the new york stock exchange. lori, let's kick it off with you. >> hi, there, melissa. the dow managed to snap a three-day losing streak but not by much, just gaining three points here. the s&p up two points. but, hey, it is a very important anniversary today. eight years since the financial crisis lows, march theth, 2009. the dow jones industrials closed above 6500. since then the blue chip index more than tripled. the besters since the fateful date. ulta beauty, the stock is up more than 6,000%. united rentals on the list. regeneron pharmaceuticals. these are smaller mid-cap names. alaska air, certainly one you heard of along with the biggie netflix, which has gained 2500%. that is some performance in eight years, huh? snap has been about five days since the ipo. shares are down about 7% here, introducing messenger data, competing with facebook messaging app. snap is having trouble with that, their overall performance. we had another ipo today. j.jill pricing at 13 bucks. closing below that level. not a great sig

. >> we'll talk about all those big stories on this busy day connell: lori rothman is on the floor of the new york stock exchange. reporter: apple with a gain of a buck 46 a share that is more than 1% hitting new highs, 140.69 was the last record. so apple safely into new record territory. as for walt disney, obviously huge success. we've been talking about it all day the latest box office, what was it, "beauty and the beast." shares up .8 of 1% today on two big winners for the dow. otherwise kind of not a whole lot of action today. i think investors were holding back to reevaluate how much confidence they have in the trump rally. it is first day of the second quarter after all. a lot of position settings going on. nasdaq hit all-time high, faded off by about two or three points. nvidia was up. also some other winners on nasdaq. lumina, micron technology and apple rounding out the nasdaq as well. i will send it back to you. connell: thank you, lori. melissa: here is a quick check on oil, settling down more than a percent to $48.22 a barrel as the rise in oil rigs raised concern about

lori rothman is on the floor of the new york stock exchange. hi, lori. >> david, you have the 21st record close for the nasdaq so far this year. we have 10% year-to-date for the tech-heavy nasdaq we classically call it. it certainly deserves that title today. you have so many tech heavyweights hit hitting or trading at all-time records. let me run through these for you. facebook was down today, but it touched its highest level ever. look at netflix, up better than 1%. that is the second consecutive record close for netflix. apple closed higher would have been a third straight record close. but it is still worth mentioning. amazon, microsoft, all trading in record territory. for microsoft, the fourth record of the year. banks were higher today. the second take on first quarter gdp, 2.1%. that was better than expected. good news there. lululemon, love the headline, leaves wall street sweating, shares tanked today, down 24%. story with lulu, they had pretty good holiday seas, analysts were excited about that but warning about sales going forward, l

let's go to lori rothman on the floor of the new york stock exchange. talk to me about today's trade, lori. >> guys, crumbling oil prices offset minimal gains in financials or drug stocks. losers, top laggards on the dow jones industrial average which by the way chalked up a third consecutive day of losses with decline of 69 points on the day. exxonmobil, chevron, are two of the weakest. almost down 2% for both actually. caterpillar was the worst performer on the dow and this is the news. caterpillar, heavy machine maker is accused of tax and accounting fraud. "the new york times" is reporting this. the accusations coming from the u.s. government. basically the report outlining caterpillar's strategy for bringing home billions of dollars of its offshore affiliates and not paying taxes on it. caterpillar for its part is declining comment. no surprise. but at the end of the trading session, caterpillar biggest decliner on the dow down 2.%. big story crumbling oil prices bringing down the main line oil producers today. exxon and chevron set the tone across

lori rothman, what is the level we need to be above?y above it. >> we're above it with three or so minutes left in the session. 5940.03. the nasdaq must finish above that level t would be the 21 have the close for this year. nasdaq composite index up 10%. just about doubling the other benchmark averages that we follow on a regular basis, the dow, the s&p 500. leading nasdaq, technology, technology is leading the broader markets. big name headliners hitting new lifetime highs themselves. send it back to you. see them on your screen there. liz: lori, yes, thank you very much. we're watching the nasdaq level so stay with me. >>> meantime so-called ainge stores of malls like sears and jcpenney are disappearing. even small staple bebes closing all its brick-and-mortar stores. with malls suffering, what fools like a retail ice age, why is my next guest saying buy? he is gradient investment senior portfolio manager michael binger. you're worming up during an ice age? make your case. >> i got to tell you the whole death of brick-and-mortar reta

phil flynn of price futures has the status on oil and gold from the cme but first to lori rothman at new york stock exchange. how about that, the longest winning streak in a decade. who were the biggest winners? adam is there. forgive me, adam. you don't look like lori at all. go ahead. reporter: on the s&p 500, talk about the big performers. nrg energy up 53%. it has been a good run for them this quarter. then vertex pharmaceuticals up 48% this quarter. they released trial clinical data on a drug that will treat cystic fibrosis. investors like that. that stock got a big boost. laggards are l brands, makers of victoria secret, and bed, bath & beyond. they were down 27 and 28%. netflix up 20%. facebook up 24%. david: adam, sorry to interrupt you even after getting your name record. donald trump talking about trade. let's listen in. >> i heard their stories and i promised them action and i promised them a solution. all over america we're already seeing that solution start to take place. take a look what is going on in michigan with ford and general motors and fiat chrysler and so many m

. >> hi, everyone, i'm lori rothman on the floor of the new york stock exchange with the fox business. the dow higher than 21,000, safely up with 11 points. snap founders, evan spiegel and bobby murphy worth 7 1/2 billion apiece. a typo blamed for a massive cloud outage on thursday. shut down services for 150,000 websites. the worker typed a missing command and blacked out many websites. >>> nintendo hybrid console sold out. their goal is shipping 2 million units by end of the month. investors are impressed. nintendo shares are up 4%. liz will spook with nintendo america's president. much more after that. countdown is straight ahead. liz: very serious breaking news. countdown has a new princess. she was born wednesday, weighing 7 pounds, 8 ounces. look at her gorgeous mom, one of our producers irene that kirby. congratulations to irene and husband we can't wait to meet the newest member. i'm not the princess. no, liz, you're the queen. i am sure baby kirby is getting excellent care but many other americans still struggle with quality health care. republicans have made it crystal clear

lori rothman looking at winners and losers. hey, lori. >> hey, neil. this was volatile quarter. president trump and health care and hopefully taxes here. if you look at tech this quarter, it was outshiner. apple, microsoft, huge gains for the quarter. by the way those names along with facebook and netflix hitting all-time highs. tech was truly outstanding. i want to look at health insurers as well. you know there was so much give-and-take, so much tug-of-war with the health care repeal and replace legislation here. they were up nonetheless. aetna, cigna, unitedhealth. argument they continue to benefit under obamacare. magellan does not follow along under that, under that theory. biggest drag on the s&p in terms of particular names, under armour, l brands, retailers talking about this, right. utter cannibalization of brick-and-mortar traditional retailers what else, amazon, neil, at all-time high today. back to you. neil: thank you, very, very much. quick break squeeze one in before sean spicer what we're told could be very big infrastructure program. maybe a trillion dollars wor

lori rothman at new york stock exchange with some of that investor reaction to what janet yellen is poised what are you seeing? >> hi, there, neil. so basically what the interpretation here is that higher rates mean the economy is in good shape. sorry about that. i have a little audio issue here. the market is not moving a whole lot today. what is key with the dow, it has come down below the key 21 you thousand level. yes i do hear you. i'm hearing my echo back a little bit. if that was you coming back in a little bit. if i have a second, i want to point out the 10-year treasury note. it has come up a little bit here. we're looking two points, 2 1/2%, 2.51 at last check. interest rates are rising. no surprise to anybody down here on floor of new york stock exchange. stunning debut of snap. really all systems go here. the economic data is supportive. you have trump policy as well, which folks down here are very excited about. who is not thrilled about tax cuts. that is fantastic, right. the market not moving a whole lot, a little bit lower but the overwhelming sentiment is positive. the str

lori rothman from the floor of the new york stock exchange. lori, first to you, stocks up on a solid jobs report and looking at one sector getting a real boost. >> that's right, melissa. stocks did a whole lot of nothing but we had late something buying. recent losses probably bought buyers in. oil was a problem this week. i'm sure phil will get well into that. look at some staffing stocks. you pointed out the better than expected jobs report led to a boost to the sector. not household names per se but you hold them in your retirement plans. better than 1% gain for those stocks in the staffing services industry. let's look back at the week dow winners and losers. dupont hit an all-time high today. the chemical company along with johnson & johnson. that is also a all-time high with a gain of 1.6% today. on the downside, exxon, no surprise, crumbling energy down quite a bit as well as caterpillar. we've been reporting on the government inquiry. caterpillar is accused of carrying out tax and accounting fraud. we'll follow that story closely. on wa

want to go to lori rothman on the floor of the new york stock exchange with details. lori?orter: charles, the first tip today when you're listening to fed chief janet yellen and reading the accompying ste of the fed decision which will likely be for a interest rate hike, whether or not they ditch the word gradual. in the past that statement has said expect interest rates to rise gradually. so that is the key thing. couple other factors, the economy is doing pretty well.w t friday, february was good, wages, non-farm payros, came in stronger than expected. inflation. inflation on annual level or rate is moving ahead of fed expectations. we did get the consumer price index for the month of february which was okay. it improved a little bit. but if you look at cpi year-over-year, it is above 2%. as you know the fed's inflation target is 2%. there is another indicator we follow, called the price consumption expenditures. the fed's preferred so-called, preferred inflation gain. that is running at 1.9%. so just a tick below what the fed is looking for inflation. then of course, pol