i'm maria bartiromo. hopes say the long-running greek drama is over. a framework is in place but the devil is in the details. what it means for america's markets and economy. >>> is italy next? my exclusive interview with the the italian prime minister. >>> and my conversation with the largest holder of the stocks and where this toward investing now. >>> and i will go one on one with basketball great kareem abdul-jabbar. he is taking a shot at a new career. "the wall street journal report" begins right now. >> this is america's number one financial news program, "the wall street journal report." now, maria bartiromo. >> here's a look at what is making news as we head in to a new week on wall street. hopes that a deal has been reached for a greek bailout are fading. an apparent agreement among greek political leaders on a package of toughs asterty measures sparked protests in athens. now there is word that the deal maybe blocked by eu finance ministers. it requires wage cuts, and slashes defense spending. the markets yawned at the debt deal on thursday

i'm maria bartiromo. it's summertime. my conversation with the man who knows the economy inside and out. what larry summers says about jobs, europe and america's future. >>> is the -- going the way of the horse and buggy. my conversation about the personal computer. >>> and a look inside the obama white house, marriage, michelle and the hot glare of the spotlight. the "the wall street journal report" begins right now. >> this is america's number one financial news program, the wj "the wall street journal report." now maria bartiromo. >> here's what is making news as we head to a new week on wall street a blockbuster jobs report for the month of january. the labor department reporting that 243,000 new jobs were created last month, way above economists expectations. the unemployment rate is down to 8.3%, down from 8.5%. the greatest increase in jobs created since april. the unemployment rate now at the lowest level in nearly three years. >>> the markets closed off a powerful january rally on tuesday. the dow and standard &

i'm maria bartiromo coming to you this week from los angeles. the dow industrials toy with 13,000, could that just be the beginning. the man who says we may see 17,000 and soon. is everything you know about health and science wrong? my conversation with the doctor who says if you are taking multi vitamins you are raising your risk of death. >>> the business of oscar. does that golden statute translate into big money for an actor or studio. the answer may surprise you. "the wall street journal report begins right now. >>> this is america's number one financial news program, "wall street journal report." now, maria bartiromo. >>> here is a look at what is making news. as we head into a new week on wall street. the markets are watching two key numbers this week, one encouraging and one not so. the first oil, crude oil hit the $108 mark this week, mostly on concerns about rising tensions throughout the middle east. that's translating into higher gasoline, likely to increase as the summer driving season arrives. the other number to watch, dow 13,000.

now, maria bartiromo. >>> here is a look at what is making news. the markets are watching two key numbers this week, one encouraging and one not so. crude oil thit $108 mark this week mostly on concerns about rising tensions throughout the middle east translating into higher gasoline likely to increase as the summer driving season arrives. the other number to watch, dow $13,000. the dow touched that on tuesday and on friday. though it did close below it this week. existing home sales jumping more than 4% in january, the highest pace in two years. that is well below the 6 million homes that would be sold in a healthy housing market. home depot and hewlett-packard beat expectations. kraft met estimates while walmart missed. if you have been thinking dow 13,000, stop thinking so small. that's what jeremy siegel says. >> happy to be here. >> we are talking about dow 13,000. you believe the odds are in favor of the dow hitting 15,000 over the next two years and there is a 50/50 chance of 17,000. >> right. 15,000 seems like a dream but truth of the matte

i'm maria bartiromo. in health care reform a prescription for economic prosperity. i will talk to the architect of america's fordable care act, ezekiel emanuel. >>> the rally of 2012. is it real? the powerful push or are things better than we think. >>> interest rates at record lows again. it could be time to refinance your home. we'll tell you how to figure it out and what's right for you. the "the wall street journal report" begins right now. >>> > here's a look at what's making news as we head in to a new week on wall street. the market melt up goes on. the dow jones industrial average had the best day in two weeks on thursday. and closed at the highest level since mie of 2008. 100 points away from dow 13,000. the nasdaq on fire hitting a 12-year highgh this week. the average is moving on easing concerns of europe and encouraging data in the united states. the fed appears open to another round of bond purchases to keep interest rates low and boo the economic recovery. the minutes released this week show the open market committee was divided because of concerns ab

and now, maria bartiromo. >>> welcome back. well, here we are coming to you live from the second market trading floor in new york city. it's been a strong start for the year for the major averages certainly. the nasdaq up 13% in 2012. the dow industrials up 5%, just year-to-date. despite the gains, my next guest is turning cautious over the near term. he joins us now with an inside look at what the charts are telling him. jordan, take it away. you suggested to buy energy technology in the banks back in january. nice call. but you've got short-term concerns. >> yeah, two things at work here, maria. bigger picture, we're still bullish for the year. into march and april we want to be cautious. let's start off with a lot of people talking about the january effect. we want to talk about the february effect, which is if you have a good january, how does the rest of the year do from february to december by taking january out of the equation, so it doesn't skew the market. in 57 s&p years, what you see is when you have a january that's

i'm maria bartiromo on the floor of the new york stock exchange. the s&p 500's five-week winning streak is snapped today, coming to a close on fears that the greek del deal may be unraveling. standard & poor's downgraded 34 of the 37 banks it rates in that country. exclusive reaction to the banking downgrade from italian prime minister mario monti coming up in the program. he will be joining me in just about four minutes or so. take a look at how we finished the day on wall street. the dow jones industrial average under pressure all day today, although finishing off of the worst levels of the afternoon. decline on the session about 90 points. 3/4 of 1%. nasdaq composite snapping a long time winning streak here. down about 23 points at 2903. s&p 500 down about nine points, two-thirds of 1%. 1342. let's get right to bob pisani, our eye on the floor of the nyse. >> it was a down day, folks. but we had quite a little rally here in the last 50 minutes. the dow was down 145 points just about 50 minutes ago. we rallied another 50, 60 points going into the

i'm maria bartiromo on the floor of the new york stock exchange. happy friday to you. here's what we're following at the close tonight. what a week for the bulls on wall street. the dow up for the fourth time in five days. it is now up 50 points, hitting the key psychological level of 13,000, due to more optimism about the greek debt crisis and improving economic data here at home in the united states. all the optimism happened to fuel another move in oil today, selling at a nine-month high of $103.24 a barrel. will sky-high oil end up stalling the u.s. recovery. alan krueger will join me coming up in the program. how we finished the day on wall street. fractional moves on the day, with the dow up 46 points, off the best levels of the session. nasdaq reversing course, still up 13% year-to-date. nasdaq down about eight points. and the s&p 500 higher by a fraction, at 1361. let's get all the action from courtney reagan, our woman on the floor of the nyse today. >> we didn't quite make it to 13,000, but we were close, what, about 50 points off the highs. thought we would

i'm maria bartiromo. on the floor of the new york stock exchange. we're following the close tonight. the best january in 15 years, carrying over to the first of february. market higher on wall street today due to encouraging manufacturing data in the united states, europe and china, out this morning. the market, however, is closing off of the worst level -- best levels of the day, rather. profit-taking late in the day. last few minutes of trading took it down to a gain of about 83 points. now, investors are waiting forg the ipo filing of facebook. could happen any moment now. coming up, we're discussing whether facebook's valuation is justified. $100 billion. we'll look at the ripple effects the ipo will have on the social media space. >>> does president obama's refinancing plan have a chance of passing the republican-controlled house? hud secretary shaun donovan weighs in coming up in the program. >>> the dow jones industrial average up about 83 points. up two-thirds of 1%. 12,716. it was about double that earlier. volume better than yesterday, but

i'm maria bartiromo on the floor of the new york stock exchange. busy close here as we await disney and activity right here on espn. reports throughout the day that the leaders in greece may be nearing a bailout deal. and will be following austerity. it helped the dow recover from early losses, down 63 points. finishing with a gain of 35. now, investors await news from disney. we'll have instant analysis and investor reaction from the quarterly report that we are approaching. and that we are going to be getting momentarily. ceo bob iger will join us exclusively before he speaks to analysts on the conference call. the dow jones industrial average not the worst, but not the best either. the dow up 35 points, at its best, dow industrials had been up almost 60 points. at its worst, down 60. nasdaq up about two points. bob pisani on the floor of the nyse. i know you were talking to traders here. >> got a little crowd here. spn, which is one of the stocks that traded here, superior energy, being taken over cpx. that deal is closing today. that stock is s

maria bartiromo has an exclusive with prime minister monti today. that's at 4:00 p.m. eastern time. turning now to politics. republican presidential candidate mitt romney making his case right now at the annual convention. john harwood is there. hi, john. >> reporter: sue, it's a real testing time for mitt romney. he has not been able to close the sale with conservative voters in this primary season. we saw evidence of that when he was skunked on tuesday by rick santorum in minnesota, colorado and also missouri. rick santorum spoke this morning, got a favorable reception urging the members not to settle for somebody who didn't share their believes at the deepest level, it would be a hollow victory if they won to compromise with somebody in the white house. and mitt romney has to answer that. he's going to emphasize building up a rainy day fund and also his efforts as governor of massachusetts to prevent violations of liberty as we've seen president obama dealing with on the contraceptive rule. >> update us on the news today investigating the house financial services committee, possi

look for @maria bartiromo. >>> look at the market this week. monday is president's day. all u.s.re closed for the federal holiday. later in the week earning will be out from home depot, hewlett-packard and kraft foods the nation's realtors will report the number of existing homes sold in the last month and the number of new homes sold as well as the university of michigan east latest reading on consumer sentiment. >>> finally today is the stress of working on wall street enough to make you sick? a business professor studied entry-level investment bankers for a decade and found that the fast pace and long hours took a toll on their health. 8 to 120 hour workweeks survived for four years and for the bankers bodies turned antagon t antagonistic. every person observed developed a stress related physical illment, ranging from weight gain top heart palpitation and arthritis. maybe a case where hard work is not its own reward. thank you for joining me. next weeb hope you will will be here. we will talk to a doctor who says what we know about living healthy may be strong. keep it here fo

i'm maria bartiromo. i will talk to the architect of america's affordable care act, zeke emmanuel. the great ral of 2012 is it for real? what could derail the powerful push or are things better than we think? record lows again it could be time to refinance your home. we will tell you how to figure it out and what's right for you. "the wall street journal" report begins right now. >>> here is look at what is making news as we head into a new week on wall street. the market melt up goes on. the dow jones industrial average had its best day on in two weeks on thursday and close ted highest level since may of 2008. about 100 points away from dow 13,000. the nasdaq on fire as well, hitting a 12-year high this week. the average is moving on easing concerns out of europe and encouraging economic data in the united states. the markets continued up on friday. the fed appears open to another round of bond purchases to keep interest interest rates low and boost the economic recovery but the minutes released this week show that the open market committee was divided because of concerns about in

look for me @maria bartiromo. >>> look at the moves that may impact your money. the next budget for the fiscal year to captiol hill. and valentine's day and retail sales for the month. minutes for the latest meeting 0 the federal reserve open market committee will be released. on thursday the first of the monthly inflation indicators with the release of the producer price index. and consumer price index comes out on friday. that will do it for us for today. thank you for joining me. my guests next week, leading bioethics scholar sikh emmanuel. the doctor that played a key role in the health care reform debeat bait. see you again next weekend. oh will you grab us some yoplait? sure. what flavor? mm, one of each. lemon burst, hm, cherry orchard, blackberry harvest... my daughter's grabbing some yoplait. pina colada, orange creme. i can't imagine where she is... strawberry cheesecake. [ grocery store pa ] clean up in aisle eight. found her! [ female announcer ] yoplait original. 25 flavors for you to love. it is so good.

been in september, october, or november. >> that was mario monti there speaking to our very own maria bartiromo. stephen, so what distinction do you make between greece and italy? you toll us before that greece only makes up some 2% or 3% of european gdp so we shouldn't really worry about it. but then looking at the markets, the market clearly still responds to the ups and downs in greece. why are they not more complacent about it? >> arguably is leaner at the moment in the sense there has to be a sacrificial lamb. 0 okay, to some extent they deserve any sacrifices in that the debt position they were in was far worse. they've had two years to really do something about it and, as we saw over the weekend, they're still arguing dramatically to resolve the issue, but i think politically speaking if greece is sacrificed or sacrifices itself, doesn't take the medicine properly and spain and italy are in the way that merrill lynch, aig, it's worse back in 2008 and, again, i think it shows what can happen if you don't play ball. i think that's the point, italy as we heard from your interview, and spain

dr nbc's maria bartiromo when we come back. >>> well over an hour to go in today's "worldwide exchange" but it's time to bring courtney in from the u.s. look, still blooming from that giants win. it was sunday. >> i know, it was sunday but the parade is today. >> oh, really? >> we still have this youaura o victory. >> do they still do ticker tape? >> yes. >> okay. >> that's what happens today. >> is that green? is that environmentally friendly? >> i don't know. i want to say yes but i'm actually guessing so that may not be true. but besides victory, we did have a lot of things happening here in the united states, and maria bartiromo talked to prince alwaleed. he was here at the stock exchange and had an interesting thought. he thinks as many have suggested there's an element of fear playing into the price of oil despite those fund aamentals. >> there is an element of what may happen with iran and closing the hormuz strait. both the consumers and producers outside that price and went public by saying we will not let the price of oil go more than $100, which means we can use our leverage

. >> prince alwaheed is sharing his thoughts with maria bartiromo. this is what he said yesterday. take a listen. >> what may happen with iran and closing the hormuz strait but there's a sense that in the vicinity of the $100 both the consumers and the producers fear that price. we will not let the price of oil go more than $100 which means we can use our leverage, our excess capacity to be sure we pump more if needed, we are not -- the consumer countries while they're getting out of the recession slowly but surely. >> and let's see if the prince is right. oil prices this morning are still under $100. ed 96.23. t the. >> this is pretty interesting with everything that's laying out what's going on with israel. tensions have been stepping up. there was that article in "the new york times" over the weekend that suggested we could see an israeli attack and that july for some reason is the date that has been circled as it's got to happen before that time if you really want to be effective in shutting down their nuclear potential. >> what was the phrase, it's the immunity period? >> ther

i'm maria bartiromo on the floor of the new york stock exchange. the market struggling to hold on to gains in the final few minutes of trading, despite news today that greek officials have reached a deal on austerity measures. the only real bright spot in the market today, technology once again reports that apple will unveil the ipod 3 next month. that stock higher. money moving into tech in a big way. how do you want to be investing in this environment? we'll talk with scott sperling. he'll tell us where he's seeing opportunities in the private equity right now. five major mortgage lenders today reaching a landmark settlement with state and federal officials over foreclosure abuses. i'll be talking with one of the key white house officials behind the deal. housing and urban development director shaun donovan is here today. the dow jones industrial average up about 7.5 points, well off the highs of the day. volume once again on the light side. 12,081 last trade on the dow. the winner on the session, nasdaq at 2,927. the s&p 500 flat on the session,

i'm mandy here for maria bartiromo. >> here's what we're following at the chose right now. the dow within just a few points of retaking the 13,000 level after encouraging economic data in both the u.s., on the jobs front and in europe on the growth front. meanwhile, oil prices continue to move higher. light sweet crude rallied for a sixth straight day. settled at a little more than a nine-month high. but late this afternoon, we are now at $108.12 a barrel. waiting for earnings from aig. ceo robert benmosche will be here momentarily to break down the results. the first time cnbc interview. >> let's look how we finished the day on wall street. will we hit 13,000 for the day? it's done and dusted. the next thing i tweeted out, does it matter anyway. that remains to be seen. the nasdaq was the clear winner in percentage terms. up by 23 points. the s&p 500 holding above what has been stiff resistance of 1360. we're sitting there at 1363. bob pisani has more, our eye on the floor. >> that was good. my point about today is, we have -- while it's not a dramatic move, we, again, pus

i'm maria bartiromo at the new york stock exchange. >> the traders are in a terrificy mood before the long weekend. i'm bill griffeth. the dow is set to close again at multi-year highs. telecon among the leaders with verizon helping to provide support to the blue chip average. coming up, we're going to talk investment strategy with the dow less than 50 points away from 13,000. is it time to buy more, should you take some profits. we'll get into all that. who said they couldn't get things done in washington. after a lengthy battle, lawmakers in congress have passed legislation renewing the tax cuts and job benefits for millions of americans. more on that story coming up later on the "closing bell." >> let's take a look at where we stand as we approach this final hour of trading. just about 49 points on the dow industrials. you can smell 13,000. you can touch it. nasdaq looks like this, similar story here in terms of the interday chart. also looking like we are inching back near the highs, of course, happening right at the open today. s&p 500, nasdaq, negative, rather, and the s&p 500 i

i'm maria bartiromo. stocks on track to close out the week on a down note once again. down about 130 points on the dow. market really having the worst day in about six weeks today. amid new concerns that the greek debt solution is far away after european officials demanded deeper spending cuts before the nation can get its hands on a bailout package. italy's banks were downgraded 4 of the 37 banks that poor's & and standards rates. we'll get mario monti reaction to the downgrade and exclusive interview about where he is on the austerity plan. mario monti joins us in an exclusive today at 4:00 p.m. eastern, bill. >> let's look at the major averages, sell-off first thing this morning. they haven't really looked back yet. the dow down 129 points at 12,761. we're certainly not talking about down 13,000 anymore. the nasdaq's down 25 points to 2,901. we were talking nasdaq 3,000 not too long ago. now the s&p is down about a percent, or 12 points at 1,339. i guess we know what traders are talking about today, bob pisani. >> they're talking about mario monti being down here on

. >> i'm maria bartiromo. >> what are you watching today? >> i'm watching the ltr. i'm waiting to hear what the details will be of the european central bank's new lending facility. we'll probably find out the details at 5:00 a.m. tomorrow. that's obviously one of the big components of this market. if it's more than $500 billion, people are going to say, wow, the panks are really in tough shape. they need the money. another way to look at it is you're taking advantage of #% rates and this is a good time to take the money. >> wouldn't you? >> that's going to dictate tomorrow's trading session. >> that has helped our marks as well. what i'm watching, priceline. you know, for a long time, google was the stock we all wanted to own. but we missed the boat. lately it was apple. and now sudden live it's priceline. have you seen priceline lately? look at it again. up another $40, almost 7% gain. and again, i ask the question, won't anybody split their stock anymore? >> wow, yeah. >> look at that. >> you don't see a lot of splits in technology. >> we've got the ceo on today.

. >>> welcome back to the "closing bell," everybody, i'm maggie in for maria bartiromo. >> i'm bill griffeth. just when you hoped that greece would take a back seat, downgrading the sovereign debt today, with disappointing global economic data and you have a recipe for weakness on wall street. the major averages still are on track for their best january-february percentage gains since 1991. now investors turn their attention to hewlett-packard's earnings, they're due out any moment now. we'll have instant analysis coming up in just a moment. >> let's look at how we finished the day on wall street. it was a recipe for weakness. the dow finishing down about 26 points, nasdaq off by 15, and the s&p 500 backing further away from the strong resistance point of 1360. sitting there at 1357. >> bob pisani is our eye on the floor of the new york stock exchange here. as we wait for these big numbers from meg whitman and company. >> and boston beer, which by the way, has been a big outperformer over hewlett-packard on the year. the committee adopted the draft law in the private sector, hopefully the pa

. >> i'm maria bartiromo. we approach the final stretch on wall street. the market on a roll after posting the best january in 15 years. we continue here in february, first day, encouraging manufacturing data out of china and europe, sparks the rally on wall street right from the get-go today. we are back within striking distance of 12,810 on the dow jones industrial average. if this market closes higher than that, it would mark a 3 1/2-year closing high for the blue chip index. coming up we'll see if the momentum will sustain. speculation that a final greek debt deal is just around the corner. we're zeroing in on that as well. can greece's government take the necessary and tough steps to get the austerity measures in place. we break down the angle coming up in the program. >> yes, we have heard that before, haven't we. that is partly what caused that rally this morning. good economic data from china and europe helped as well. sideways activity much of the day after the rally this morning. we're now 12,761. the best gainer today has been the nasdaq. a gai

welcome back to the closing bell, i'm maria bartiromo. more greek drama sending stocks lower after e u finance ministers cancelled the meeting, we have seen a dramatic comeback, enormous amount of buying coming in in the final ten minutes of trading, taking the market negative to positive. the leader will deliver a commitment insuring agrees will continue austerity measures, been a game of football certainly in the markets percepti perception. yahoo, one of the big stories after david faber confirmed the company has broken off talks to sell the asian assets to partners alibaba and soft bank. yahoo down. >>> investors getting ready for zynga, first earnings report as a public company, moments away. as soon as the company reports the quarterly financials. >>> dow down 85 points, 12,878. victory on the reversal of fortune. volume anemic 700 million trades. nasdaq finishing positive, giving up all the early losses, 2931. s&p 500 also close but no cigar, down one point, 1350. get to bob pisani with more details right now. >> what a confusing,

. >> i'm maria bartiromo. stocks near the lows of the day on renewed fears about the greek bailout and weaker than expected u.s. retail sales. that sent the s&p 500 below the 1350. it's raising new concerns this afternoon that the rally may not be sustainable. >> yahoo, shares lower after reports confirmed the company has broken off talks over the sale of the asian assets, to china and japan, we have that coming up. much more on the developing story on yahoo. >>> let's see if you can tell -- you can. i thought it would be more evident. around 1:00 eastern time they announced the e u finance miss ministers meeting was delayed or down-graded, that sent shares lower. down 63 points on the dow off the lows, down 75 at the low, now at 12,810. nasdaq down 15 points, down half a percent trading at 2916. s&p 500 down 8 points now at 1343. here is bob pisani to lay it out for us. when the word got out. >> many acts to the greek drama, this act is starting to come to a close. the reason is there is march 20th deadline t

i'm maria bartiromo. the markets right now, once again we're looking at a double-digit move for the dj. steady as we approach the home stretch. once again, the move coming on relatively low volume. we are looking at notable movers today, including a big rally in coca-cola shares. they beat the street with the latest earnings news. wall street erased the losses of the day on news that greek officials are inching closer toward those final austerity measures. more on this story coming up. later on the "closing bell," we will see if there are imminent signs of a resolution happening in greece. >>> disney another big mover today, numbers come out after the close tonight. stock is up slightly. we talk about the company and whether or not it will be able to beat the street expectations for a fifth straight quarter. it has been a very good stretch for pinera. is the stock too hot to handle now? bill? >> let's show you how we traded today on a sell-off on the open today. a turn-around on word that perhaps we were

hi, everybody, welcome back to the "closing bell," i'm ma ray bartiro maria bartiromo on the floor of the new york stock exchange. the dow industrials settling out above that key psychological level of 13,000 tonight. due in part to a better than expected reading on consumer confidence out this morning. also, supporting this market, oil, the worst two-day decline in six weeks for crude oil tonight. light sweet crude settling at $106.55 a barrel. new concerns about energy demand following a steep decline in durable goods orders today. investors can't get enough of apple shares. another all-time high on the stock today. news that the company is about to unveil the ipad3, that's happe several weeks now. and today, we got it. volume once again anemic at the big board. once again, technology was the place to be for your money. the nasdaq composite up another 20 points. nasdaq is the winner on 2012 for sure. and the s&p 500 tonight up 4.5%, about a third of a percent at 1372 #. let's get you to the floor of the man on the nyse, bob pisani. >> i want to point out, we've had trouble with the

welcome back to "the closing bell," i'm maria bartiromo on the floor of the new york stock exchange. the market in the red posting modest losses, dow industrials pulling back from a 3 1/2-year high hit on friday, uncertainty whether greece will accept terms of new debt deal on the table. how will all of the jetters about europe impact the global economy and your investments? one of the world's wealthiest investors with me today, prince alwaleed bin talal will weigh in, with me at the new york stock exchange, get his takes on europe, tensions in iran, whether there is a bubble in social media. he recently invested in twitter. dow jones industrial average down 19 points, fractional loss. volume quite like today again, 620 million shares traded at the new york stock exchange, nasdaq composite down 3.67. the s & p 500 gives up two-thirds of one point at 1344. bob pisani on the floor of the nyc. wfrmt he closed the highest of the day, 178 doesn't sound like much. we climbed from there call it over all a decent day. i know it was not much in the way of volume, we had the lightest volume of

i'm maria bartiromo on the floor of the new york stock exchange. the market's stuck in neutral today, turning in a tight range of the big important january jobs report which we'll get out first g tomorrow morning. we have a lot more on the markets and expectations of that jobs report coming up. breaking news from the treasury department ahead of tim geithner's speech on the state of financial reform. let's get right to hampton peerson for the details. >> we're waiting for the news conference with tim think geithner, highlighting of the financial reform going forward in 2012. he's prepared to say, we expect to put in place key elements and safeguards for the financial framework for the financial system as well as reforms for the housing finance system. the financial system is getting stronger and safer. risk taking has been taken out of much of the system. there's still a lot of work to be done. what's ahead in 2012, defining new liquidity standards which will be tougher for the largest banks. the oversight board at some point will make the first de

i'm mandy, standing in for maria bartiromo. >> i'm bill griffeth. we have another round of encouraging u.s. economic data coming out this morning that helped the dow spend much of the day hovering around 13,000. but once again, the market unable to hold that psychological level. and we're seeing a spike in oil prices, as it approaches $110 a barrel. that may be taking some of the wind out of the dow sails. light sweet crude settled near $110. and in the after-hours session, close to that right now. we'll look at the impact of higher oil prices and what it's doing to everything from refiners and treasuries. >> i got out of the car, and i said, what did i miss? i see the vix and dow swapped places. the vix has spiked up, up by 4% right now and change. right now, with an hour to go in the trading day, as we were saying, with that spike in the vix, we hope to see the market push down to its session lows. currently we're sitting at 12,970. despite a couple of times, if not three times, bill, moving above the 13,000 mark. as for the s&p, it's currently ma

welcome back to the "closing bell," everybody, i'm mandy drury standing in for maria bartiromo today. we have not closed above 13,000 as we can see there right now. >> trying hard to. but it's not happening at the moment. here's what we're following, though. we were watching dow 13,000 for this friday, it's been much of the day at that level. once again, failed to close above that psychological level. a different story, though, for the benchmark s&p 500 which is set to close at the highest levels since june of '08. once again it was oil stealing the show today. ongoing tensions with iran sent prices here in new york up nearly $2. it settled at $109.77 a barrel. and we're even trading higher than that right now in the after-hour session, mandy. >> why don't we take a look where we are right now. the dow industrials closing out at 12,982, ever so slightly, a fraction of a hair to the downside. nasdaq moving higher at 2963. the s&p 500 sitting smack-on, 1365 with a gain of.2 of 1%. the week that was, bob, what do you make of today? >> i think the bottom line was, volume was light. even b

i'm maggie, sitting in for maria bartiromo. bill griffeth is walking over. and here he is. >> how are you. here's what we're following at the close on this wednesday. stocks slumping on wall street on renewed concerns about greece, new evidence that the federal reserve remains deeply divided over whether to enact another quantitative easing program or not. that had the dow in danger, posting its first triple-digit decline for the year. it looks like now it may not happen. but it did push the s&p below the key technical level of 1350. that did definitely happen. despite all of that, our market experts will explain why they feel the recent rally may not be over yet. and one bright spot today was the price of oil, which continued to move higher on the nuclear tensions with iran. crude oil increasing by more than $1 in new york, to settle at $101.80. >> the dow finishing not triple digits to the downside, a loss of 7 points. as we were saying, no money there, 1350 was the level we were looking at holding, cracking, moving above, that is not the case. bob pisani

i'm maria bartiromo at the new york stock exchange. >> and i'm bill griffeth.e have a tug-of-war going on between the bulls and bears. investors remain cautious. now we're waiting for tomorrow's january jobs report. we'll talk about expectations of that in a moment. we are seeing strength in technology today. and weakness in health care, following some rather lackluster earnings results from several names in the health care sector today. meantime, fed chairman ben bernanke was in the hot seat today, as he defended the fed low interest rate policy before lawmakers of the house budget committee. he told them that several factors are still threatening the u.s. economy right now, so rates need to remain low for the foreseeable future. keep it right here, because maria will be talking live with the house budget committee chairman bill ryan himself coming up this hour. >> first, let's take a look at where we stand in the final stretch. the dow jones industrial average down at this point. the nasdaq, also very fractionally moved here. once again, victory for technolog

i'm maria bartiromo at the new york stock exchange. >> and bill griffeth. cautious optimism, that's what's holding the street right now. we head into the home stretch. wall street getting a bit of a lift on news that greek officials have agreed on austerity measures and securing the rescue package from the eu and imf that they've been aiming for. however, we've only seen leadership from the technology sector today. that's helping to drive the gain in the nasdaq, especially, which we'll talk about. speaking of technology, apple shares up nearly 4% again today. the move helping that tech giant reach striking distance of $500 a share. apple is higher on the back of upbeat analyst comments, and speculation about a march announcement about i pad 3. more on that story straight ahead here. maria? >> let's take a look at the major indices. there we are, the dow at 12,899. a gain on the session about 15 points. just shy of the high of the day which really happened about 10:00 a.m. this morning. nasdaq up 11 points. money moving into technology, as that is the winner

hello, everybody, i'm maria bartiromo live from second market trading floor in new york city. market rallying on wall street today. we're talking about alternatives for investments. we're looking at facebook and anticipating an ipo. what the stock and company has been looking at in terms of valuation from this trading floor. we'll also talk about that, and a whole lot more of what second action market has been like with barry silver. he's coming up in the next hour of the clo"closing bell." let's get to my partner bill griffeth. >> in the home of the first market, as it were, maria, hi, everybody. here's what's happening right now. the rally started right out of the gate this morning. we haven't looked back for the most part. it's a pretty broad-based gain on the street today. financials, technology, materials, even utilities are up sharply today. the dow and nasdaq are on track to finish at multi-year highs at these levels, near session highs right now. we'll see what's prompting investors to shrug off the ongoing concerns in europe in today's session. you'll see the rally fi

hello, everybody, i'm standing in here for maria bartiromo at the new york stock exchange. >> and i'm bill griffeth. encouraging news out from germany this morning, keeping the averages on pace for the best january-february gains since 1991. one real potential threat, though, would be to the global economy, it continues to be oil prices. they surged again for a sixth straight session. settled precariously close to $108. we're at $107.93 right now. so far, that's supporting the stock market. but you wonder for how long, mandy. >> let's see how things are standing right now. about an hour to go in the trading day. the dow is currently up by .3 of a percent. the nasdaq, meantime, is sitting about half a percent higher. and the s&p 500 is up by about four points at 13061. let's find out what the traders are buzzing about today. what's the buzz. >> oil prices are a real problem for the airlines. that's what people are talking about. the transports are -- have been very weak. but i think what's encouraging today is, remember i've been talking about looking toppy. a certain few key sectors.

i'm maria bartiromo. we're at the new york stock exchange. stocks trading on a tight range today. a watch for any potential agreement by greek officials on a bailout deal. technology once again the bright spot. money moving into tech. helping the nasdaq to outperform both the s&p and dow industrials today. now, we're turning our attention to wave of big earnings news today, highlighted of course by cisco. ceo john chambers will break down the numbers and the quarter before he speaks with analysts on the conference call. even though it looks like there was not much change for the major averages, it sternl was volatile. technology, really outperformed. the dow industrials up 4.5 points today, fractional move on light volume. the nasdaq up 11.5 points to 2915. s&p 500 picking up about three points, quarter of a percent. bob pisani is on the floor of the new york stock exchange. >> another interesting day. it doesn't look that way in terms of the dow jones industrial average, but we're still waiting for some confirmation that might be a deal in greece. we don't have it right now. the

bob iger speaks exclusively with julia boorstin and maria bartiromo before he speaks with analysts.t's coming up today at 4:00 p.m. eastern time. >>> hunting for yield, forget dividend stocks. we'll give you the best plays in high-yield bonds. >>> and lousy investment choices and sky-high fees. congress now doing something about it. what new 401(k) rules mean for you. we'll be right back. we had to create it. introducing the 2013 lexus gs, with leading-edge safety technology, like available blind spot monitor... [ tires screech ] ...night view... and heads-up display. [ engine revving ] the all-new 2013 lexus gs. there's no going back. >>> investors continue to clamor for high-yield bonds with a record $20 billion in junk offerings. coming onto the market just last week through nearly 30 different deals. here to talk about junk bond surge and where we go from here is ray kennedy. mr. kennedy, welcome. good to have you with us. >> good afternoon, tyler. >> why are all those bond issuers coming out of the woodwork now? >> a lot of demand by investors. >> are they mostly good issues? i

i'm maria bartiromo on the floor of the new york stock exchange. following the close tonight, the market stumbling after ben bernanke dashed hopes that the central bank will implement another round of monetary easing. it wasn't just stocks that got hit as a result of his comments, gold also suffering the worst loss of the year. treasury prices plunging. rates moving up. we're looking at whether this could be the beginning of a market pullback. then we've got to big exclusive interviews ahead. barclays ceo bob diamond and charles plosser with me, explaining why the fed may be undermining confidence, that keeping interest rates as low as they are. take a look where we finished on wall street. the dow worsening tonight, down 52 points at the close. pulling back from the 13,000 mark it hit yesterday. nasdaq hit 3,000 earlier. it's down about 20 points. the s&p 500 tonight giving up about 6.5 points. half of a percent at 1365. bob pisani, the man on the floor of the nyse now. >> what a wild day, maria. mr. bernanke, rarely has he moved the markets like

i'm maria bartiromo. thank you for joining us today, folks, a big show for you here as we are debuting our new set. >> it has been two years in the planning. >> yeah. >> and i -- kudos to the whole gang behind the scenes who have done such a wonderful job and i know you are going to enjoy t let's face it, it is an historic moment for us as a news organization to be broadcasting from the floor with this established set on the new york stock exchange. >> i think for the traders, it is a built bittersweet because when you consider the fact that this was a major post, post 9, with so many companies trading here over the years, and now it is actually a tv set, which is extraordinary. and who would have guessed 20 years ago when we first got down here that actually, this main post, post 9, would turn into a tv set. >> don't date yourself that much. i'm with the pioneer, of course, the very first reporter ever to report from the floor of the new york stock exchange, 1995. >> yes, it was. >> she was just out of j

maria bartiromo will be speaking to the italian prime minister. catch that on u.s.ell at 4:00 p.m. eastern. >>> good morning and welcome back. let's take a look at the u.s. futures as you get set for trade today on wall street. it does look like it's going to be a down open at this point. we are looking at the markets right now if they were to open the dow would be lower by 56 1/2. the nasdaq by 9.4 and the s&p 500 lower by 7 1/2 and that's, of course, after a greek deal was put on the table but still a lot more uncertainty about whether or not that deal will be approved. and, of course, in terms of some of the data we're looking at december trade deficit figures, those are due out at 8:30 a.m. eastern time so we'll be watching intently for those. at 9:55 we're going to get the first report on february consumer sentiment. analysts are looking for a reading of 75, up a point from january, and then at 2:00 p.m. the treasury puts out the monthly federal budget as well so watch for that. ben bernanke is speaking at the national association of home builders conference in