i'm mary thompson at the new york stock exchange. the dow is down 45, and the nasdaq is slightly higher. let's check and see where gold finished out the trading session, at a seven-week high today. helped earlier in the week by the fed's forecast for continued low interest rates through the end of 2014. that sends investors into the precious metals seeking a safe haven that could have a little added return. another story to the low interest rate policy the fed is maintaining comes from federated investors which says it will cost it $27 million in the first quarter. because if it didn't waive the fees, it would turn negative. the dow is down 44. guys, back to you. >> thanks, mary. the story of the day so far, a report that facebook could file ipo papers as early as wednesday, as a result social media stocks are making big moves on the news. brian shactman has the details. >> thanks, michelle. social media is really a gem basket. facebook is such a unique company, the only thing that is vaguely like it might be the business version. an

mary thompson our eye on the floor of the nyc right now. mary? >> interesting day, as you said, the dow down 130 points but then what happened around 10:00, better-than-expected fed survey come out, look what happened with the s & p. it bounced off on 1,3 and change, 1,3726789 trade verse been watching that 1,300 level. they stay has been very difficult to keep this market down, even though there were concerns about greece coming into today's trade, even though there were concerns about portugal, the market's managing a fairly strong come back today, the sectors that performed not so well, financials, energy and utilities the weakest sectors but we did as i mentioned earlier, see gapes in telecom, thanks to rebound in both at&t and verizon, which were weaker last week and technology, among the leaders, ibm and microsoft. banks a strong january but not today, goldman sachs, and bank of america, concerns about the company's expenses and how it can grow earnings now that it has the capital position in a better place. citigroup and morgan stanley, bo

as mary thompson pointed out earlier, it traded down, bounced off that 1300 level. some technicians, a critical level, below that on a closing basis it could lead to lower prices. at least today, we bounced off that and came off those lows and trading above that level right now we are going to close out the month today tomorrow, these are the sectors done the best in the s & p to this point and we have highlighted this before, the materials stocks that were dragged down bet they are year, financials and technology done well, for the financials a lot of the gains were earlier in the month, sort of lagged the last week or so then the industrials. you look at the laggards for this last month or so year-to-date, telecoms at the bottom, utilities, the big surprise, which was so strong last year, just some profit taking came in at that point, the consumer staples and energy right now. david wright, you are still convinced the dollar is going higher, how do you play that as an investors, if you feel the dollar will continue to strengthen from these levels? >> both etfs and

i'm mary thompson at the new york stock exchange. let's look at the sectors that performed best this week. this is how it played out. materials were the best performing sector, followed by tech, industrials and consumer discretionary. what were the stocks behind those gains? with the materials it was eastman chemical, of course, buying solutia. and tech better than expected results. industrials reporting stronger results. consumer discretion, netflix with the better than expected results and jcpenney with the restructuring. telecom, consumer staples, the two among the weakest. under pressure from the weak results from verizon. staples under pressure from procter & gamble. guys, back to you. >> thank you, mary. dow component chevron, procter & gamble and honeywell wrapped up another big week of earnings. brian shactman joining us now to update the earnings scorecard. >> it's friday, michelle. so far, almost 60% of s&p companies have beaten estimates. here's your chart right here. 13% have met, while more than a quarter have missed exp

let's hit mary thompson here with what's moving here on wall street. mary?melissa, as you can imagine, of course, the fourth quarter gdp number certainly a factor in the early declines we're seeing on wall street. the top line number, of course, disappointing. also traders telling me that they are also looking at another number, that being real final sales. it was up only .8%. that excludes the impact of inventories. so because that was weak, that's a better suggestion of what really organic growth is. so they're very disappointed in that number. that's contributing to the 46-point decline we're seeing in the dow early on. of course, we want to talk a little bit about eastman chemical buying solutia. you heard david talk about it before the bell. we could see gains. we are seeing them in early going in the acquirer and the company being acquired. this is a deal that's expected to take out $100 million in expenses and also be immediately acretive to'sman chemical's earnings. chevron impacting the dow. oil company coming in with earnings below expectations. it

now for a check on wall street, mary thompson is at the new york stock exchange for us this morning. greece is a focus this morning. >> that's right. eurozone officials predict a deal to avoid an unruly default in greece is near. containing the debt crisis is seen ascii to preventing economic breakdowns in other eurozone countries. at home the second largest health insurer plans to pay primary care physicians more in hopes of reducing overall health care costs. the higher pay should improve health care on the front line and reduce expensive emergency room visits and hospital stays. back to you. >> mary thompson, thank you. >>> and frightening moments for a woman in washington state who had to be rescued after her car slid off the road into an icy creek. she told police she was up to her neck in water for 90 minutes. the woman was treated for hypothe hypothermia. very lucky to have been rescued. back to ann, carl and al. >> now a pivot to talk to mr. al about the weekend weather. >> we have a lot of rain from miami all the way into the northeast and snow up into new england. it's a fr

now to wall street and cnbc's mary thompson.liday sales of iphones and ipads helped apple to report monster profits for the last quart aer. now it will be competing with exxon mobile for title of world's largest company. no change in interest rates seen but for the first time ever central bankers will be saying where they expect interest rates to be down the road. that's good information for anyone considering buying a house over the next couple of years. lastly tonight on cnbc don't miss the season premiere of "american greed" at 9:00 eastern. back to you. >> mary thompson from the new york stock exchange. an astonishing fight in kentucky. tens of thousands of birds arrived in november and they haven't left, blotting out the sun when they take to the air. for now the best they can do is fire noise cannons and wait for birds to move on. now for a look at what's trending today, our quick round-up of what has you talking online, fashion followers are googling the state of the union address to marvel at first lady michelle obama's

. >>> for a check on wall street, cnbc mary thompson of the new york stock exchange. >> the fed decision came out yesterday, it's having an impact in europe this morning. the federal reserve deciding to keep interest rates, saying it expects to keep interest rates near zero through late 2014. concerns about the slow pace of the u.s. economic recovery prompting central bankers to extend this low rate forecast another 18 months. and while this is good news for businesses and consumers looking to take out loans, it's a tough policy for investors trying to plan their retirement around interest-bearing products like bonds. back to you. >> mary thompson at the new york stock exchange, thank you. >>> a close call caught on tape in a newly-built hockey rink in slovakia. the roof came crashing down onto the ice under the weight of reportedly heavy snow as former nhl player, richard zednick and a youth hockey team scramble to run for cover, no one fortunately was hurt. >>> and an important undercover mission for an army captain who just finished serving in afghanistan. he showed up at his daughter

mary thompson, thank you. >>> what do babies dream about? new mom adele in finland noticed her baby girl mila was a star sleeper so she started staging the whimsical scenes and posted the pictures on her blog for her family. the pictures have gotten millions of views online. she published a picture book out this week. adele said the international had so many negative things -- love that -- she wanted to put beautiful things on the web. she's pregnant with her second so you can expect perhaps two. >> how do you find the time to do that? applause for her. >> maybe a lot in the beginning, not so much ever. >> mr. roker? >> that is terrific. we've got cold air to talk about in the northeast, man, 13 degrees outside our studio. as we can show you on the satellite there's not much going on. we'll talk about the cold in the east in a little bit. >> good morning.ing on in the it is still a cold start on this wednesday. we will start out with sunshine. >> and that's your latest weather. matt? >>> coming up, new details on the murder mystery at queen

now to wall street and mary thompson at the new york stock exchange for us this morning. what are we watching? >> this week investors are awaiting a decision on interest rates from the federal reserve as well as earnings from oil giant exxon mobile. today attention is on canada where the co-ceos of research in motion stepped down. this as the maker of the blackberry lost its once dominant grip on the cell phone market to iphone. >> mary thompson, thank you. >>> "30 rock" actor tracy morgan was rushed to the hospital. tmz had a photograph affidavit ambulance arriving after morgan fell unconscious at the sundance film festival. he was suffering exhaustion and problems with altitude. no word on his condition. >>> and the super bowl matchup is set. it will be giants and patriots again four years later. lawrence tine kicked the field goal in overtime to cinch the title over the 49ers. it was a field goal miss that dashed the super bowl dreams of the baltimore ravens. losing to the new england patriots 23-20 in the afc. a lot of us are bleary-eyed but it was worth it. back to m

cnbc's mary thompson standing by at the fork new york stock exchange. off to a good start there?start the new year much as they finish the old year. traders will be watching for any signs of progress on dealing with the region's debt crisis. u.s. companies may not be spending a lot on new hires, but higher rates aren't stopping firms from advertising during the super bowl. all of the games' 30-second ads going for $3.5 million each have been sold. the game airs on february 5th, right here on nbc. natalie, back to you. >> good to know they've made their money. thanks so much, mary thompson. >>> for a look at "what's trending today" just days after launching his first twitter account, rupert murdoch suffered a slip of a tweet, he offended followers with a message that said "maybe brits have too many holidays for a broke country." his wife, wendy, fires back, rupert, delete tweet! which he quickly did. >>> officials in japan say a new way of silence apps for smartphones is behind a voiz ri voyeurism. it can put innocent looking text messages on the screen, while the peeping toms sna

mary thompson looking sharp at the nyse. hey, mary. >> hey, brian. just as you mentioned its earnings and the economy which are the focus of trading and the dow jones industrial average right now very close to its lows of the session. the nasdaq managing to hold onto a slight gain. the nasdaq is on track to post fourth straight weekly gain, the s&p and dow right now on track to post their first weekly loss in four weeks. take a look at the sectors because we're continuing to see weakness in the utility sector. that's a reflection of the weakness in the gdp number for the fourth quarter. consumer staples and consumer discretionary under pressure for reasons we'll get to in a moment. and technology has been the better performing stock -- or sector i should say thanks to strength in semiconductors. but it has recently just turned lower. it's been in the green for most of the session. again, let's take a look at these consumer stocks. a wide variety of reasons here. we had a number reporting earnings, proctor & gamble, dow component down concerns about 2

joining us analyst with jnp securities and from the new york stock exchange, our mary thompson.a couple things today. one potentially the chairman of citi, dick parsons, may be preparing to step aside. the other is tom monotag at bank of america is reorganizing his investment banking leadership group. what should we make of those two stori stories? >> i don't think parsons' news is a surprise. i think some people thought this would happen. the question is who takes his place. and does citi have an independent chairman along with ceo. as far as monotag, i thought all three of those men are staying at the firm. one just got a promotion. >> david, let me turn to you. a note your highest among the banks you follow goldman sachs rather morgan stanley. let me get your reaction to how helpful it is that morgan stanley seems to be in the poll position in getting the lead of this ipo involving facebook. >> well, i think in terms of tangible financial note no deal makes that big of a difference. but potentially morgan stanley has been over the course of the last couple years it's had some

mary thompson, we like that. thank you. let's go back now to the chevron miss.ng after blaming refineries because oil trading around $100 a barrel you think they're going to make more profit. that's not the case. john joining us now founding partner at gain capital and cnbc contributor. $100 a barrel oil people scream big oil's making all this big money. chevron disappointing. i assume it's because input costs are also rising and they can't pass it on. >> that's right, brian. sort of the bane of the integrated model. you sort of hope to make it up in the different segments. they were hoping to make it up on oil production as you say but they've had problems most notably in brazil. that also impacts refinery operations, profits get squeezed because they haven't been able to pass along necessarily the higher costs of diesel and gasoline to us as quickly as they'd like because, a, gasoline demand is down, and there's been resistance at the pump. >> and they've been shutting down some refineries. some are trying to be sold. some are just shuttered. where do you see

. >>> now let's head to mary thompson at the new york stock exchange this morning. what's on tap today? >> finance ministers in the eurozone rejected restructuring greece's dead. they have a deadline to come to an agreement with creditors before it defaults on bonds that matured. macy's is suing martha stewart to block a licensing agreement she signed with jc penney saying it violates an exclusive agreement stewart's company has with macy's to sell its products at its stores. >> this could have ended badly for snowmobilers in washington state sunday. an avalanche buried one alive and immediately the group of friends rushed to get him out. they were able to dig out his head and grabbed shovels to dig him out completely. luckily, everyone is doing okay. that's a frightening situation. 7:17 now. back to matt, ann and al. >> i don't think i have seen a picture -- >> it happened so quickly. natalie, thank you very much. mr. roker, what's going on? >> two areas where we have severe weather going on. first of all in texas where we have the risk of strong storms from corpus

mary thompson joins us with details. good morning to you. >> good morning, ann. >> boy, this comes as welcome news. let's think about first, before we get too excited about these potentially mitigating factors, number one, december seasonal hiring but also the reporting that so many people may have stopped looking for work. so how should we read this drop in the unemployment rate? >> well, a couple of things. first of all, let's talk about the seasonal employment. there are two numbers you should look at. courier jobs like u.p.s. or fedex, they added about 42,000 in the month of december, and also retail jobs because, of course, stores hire to handle the holiday rush. you might see some kind of giveback on that front in the month of january. in addition, as you mentioned, you know, in november, it was significant. a number of people basically dropped out of the workforce. they gave up looking for jobs. and that helped the unemployment rate. what we saw in december was that the long-term unemployment rate basically droppe

cnbc's mary thompson is at the new york stock exchange. mary, good morning to you. >> good morning, natalie. investors watching developments in the eurozone today as well as december sales figures released by the nation's retailers. this as "the wall street journal" reports an american icon could be headed for bankruptcy. the paper says if eastman kodak doesn't raise needed funds it could file for chapter 11. in what should be recording artists' ears, it is reported that for the first time since 2004 album sales increased last year helped by digital download of adele's grammy winning disk. overall sales were up 6%. >> do love adele. good thing she is boosting the industry. thanks so much. >>> and an amazing sight from california. take a look. it was a pod of orcas. they swam right up to a whale watching boat putting on a show there. killer whales are extremely rare in this area. they put on that show as they rolled and interacted with people on the boat. talk about getting your money's worth there. it is 7:13. let's turn it over to ann, car

. >>> now let's head to wall street and cnbc's mary thompson is at the new york stock ex-changes. ry? >> this week investors are awaiting a decision on interest rates from the federal reserve as well as earnings from the likes of oil giant exxon mobil. this morning their attention has turned north to canada. that's where the co-ceos of research in motion have stepped down. the shake-up coming as the maker of the blackberry hand-held devices lost its once dominant grip on the smartphone market to the likes of apple's iphone. back to you. >> mary thompson, thank you. >>> "30 rock" actor tracy morgan was rushed to the hospital last night in utah. tmz released a photo of the ambulance arriving after morgan tmz had a photograph affidavit ambulance arriving after morgan fell unconscious at the sundance film festival. he was suffering exhaustion and problems with altitude. no word on his condition. >>> and the super bowl matchup is set. it will be giants and patriots again four years later. lawrence tine kicked the field goal in overtime to cinch the title over the 49ers. it was a field g

thanks, mary thompson. >>> now for a look at what's trending today. talking on-line. just days after launching his first twitter account, media mogul rupert murdock suffered a slip of the tweet. while on vacation in the caribbean, he offended many followers with a message that said "maybe brits have too many holidays for a broke country." his wife, wendi fired back, rupert, delete tweet, which he quickly did. >>> officials in japan say a new wave much silent apps for a smartphone is behind an alarming rise of voyeurism on-line. the apps disable that built-in camera shutter noise and can disguise what the voyeur is doing by putting innocent-looking text messages on the screen while the peeping tom snaps away. >>> and the queen of soul has found her king. aretha franklin is a top search on yahoo and google after announcing she is now engaged to long-time companion willie wilkerson. she says the wedding will likely take place this summer in miami. and the 69-year-old adds, no, i'm not pregnant. it is now 8:04. right now let's go back outside to ann. >> w

. >> we have to check with mary thompson. >> good morning to you, melissa.the wake of the dow's first weekly decline in 2012, the blue chip index extending those losses in early trading, right now down about 99 points. today the market is under pressure because once again we are waiting for a deal on greece. there was a lot of hope and speculation we could see something by today. that's not the case. and traders are increasingly watching portugal because the yield on the ten-year, the portuguese ten-year rose 120 a basis points over the weekend as again without a deal on greece, concerns start to focus on some of the weaker eurozone countries today, has caused the euro to drop back and is putting a lot of pressure on the european banks this morning. deutsche bank down about 6% in early trade credit, suisse down 4%. citi actually raised to a buy from neutral. goldman expecting the company to reach an roe by 20 14 even with citi holdings. >> now we go to sharon. >> no matter where i look on this floor or who i talk to, everyone is expressing a lack of confiden

c knowns mary thompson at the new york stock exchange. mary, the fed's decision to keep interest rates unchanged mover markets at all? is. >> it certainly did when the decision came out, natalie, and it's still having an impact in europe this morning. the federal reserve deciding to keep interest rates near -- expects to keep interest rates near zero until late 2014. now, concerns about the slow pace of the u.s. economic recovery prompting central bankers to extend this low rate forecast another 18 months, and while this is good news for businesses and consumers looking to take out loans, it's a tough policy for investors trying to plan their retirement around interest bearing products like bonds. back to you. >> thank you. >>> a close call caught on tape in a newly built hockey rink in slovakia. the roof came crashing down on to the ice under the weight of reportedly heavy snow as former nhl player bednic scrambled to run for cover with his youth hockey team. no one was hurt, fortunately. >>> an army captain just finished serving in afgha