techs also shined with big moves up in sem conductor stocks like amd, micron andter adine. sea gate closed at an historic high after a strong earnings report wednesday. copper, a critical component of the global economy, was up over 6%. its best showing in 18 months. can we go any further? [ no audio ] >>> april government employment report pabts a picture of a job market improving more than most economists thought. at 7.5%, the unemployment rate is now at a four-year low because total employment is measured by the government's household survey increased by 293,000 last month. >> we saw that decline in the unemployment rate and this time it happened because of stronger job growth. so all in all, i think a lot of optimism away from it. >> the big winners, restaurants and hotels, adding 45,000 new employees in the past two months. places like osteria, where bernard crawford just got a job this month. >> been unemployed for a while and heard the economy is catching back up. so, yeah, it feels really good. i have two kids, so really important for me. >> today at a washington, d

micron. this is always a volatile house stock. i guess you could say this is a interesting job.ifferent story with the energy complex. i mean, today we have crude a half lower and not much to say about what everyone is talking about, gasoline as we go into the holiday driving season. >> i would agree with you. a breakout above 9410 with making the golan marketplace. we also have weather patterns that are starting to happen in the gulf. you heard the first talk about its. hurricane season officially starts june 1st, not ar away. what i think will happen is we will start seeing weather patterns command that are going to get the market. allow it to go up higher. what i am looking for is anything above 94. we see $98. liz: anything below 94 nbc 90. just wanted to check. we need to get to this. one on the hunt for another major acquisition. >> reporter: then made that acquisition. right now this is some big news. if four months proposal to buy hulu going -- joining a growing number of list for this company owned by news corporation. according to sources, according with knowledge. and

moderate semi conductor that hasn't been able to break out in ages, micron, this plafr stock needs some- particular stock needs some darning. how about the boston scientific, bsx, it's been trying to crack into the three bs, baxter and barnes and that would be like pa bob seeingert crack into brahm, bethoven and the real army the real navy the real air force were three stocks that we really have to be a lel skeptical about, tesla, the electric car company, green mountain coffee roasters to make with your eggs. not only the vanguard were over the top, they are hated by some of the smartest minds i hear, read about and talk to. yes, the action in tesla, green mounitarian, barnes and mobile, these three stocks represent what i call intellecttual shorts. meaning that the intelligencia that dominates this market truly despises tease names. take tesla, there's e here's an 800,000 company making cars, 8 billion, many intellectual sets believe well while hot do not make the party worth anything. the chairman elon musk is a blowhorn who is not to be trusted. they don't believe it's what they cla

we have highs today for micron and xyl -- and tyler, whole foods, costco and kraft. back to you. >> berth bertha, thank you very much. look at whole foods. >>> now to housing, gains soaring to six-year highs. and diana olick has the details. >> well, that's right, tyler, final in the double digits on all three of the s&p case shiller indices. and top ten and 20 markets respectively, and up nationally in q1. now, while these prices are national, you have to understand it is all very locally. phoenix continues to lead with home prices up 22.5% from a year ago, followed by san francisco and las vegas, each also up over 20%. new york, cleveland, and boston posted the weakest price gains as a large backlog of foreclosures continued to plague those markets. only minneapolis and new york saw prices fall for february to march, while chicago and cleveland were flat. still, all again in the positive annually, so you have to ask, are these price gains driving the economy? well, maybe, maybe not. >> when you look at this, buying and selling existing homes is very nice, we all fe

it's less than one micron. a micron is about a hundredth the width of a human hair a, roughly speaking. so what i've done is cut this out using an im beam very, very precisely and then put it into a microscope and started looking at it from all sorts of different points of view. and what we do see is trapped inside this assemblage are small bits of organic carbon, and around it are all the catalysts needed to convert very simple compounds like carbon dioxide and water into complex organic materials. it's there, they exist. this is trapped in a little mineral bottle. you can see the bubbles coming out of it where it formed during its time on mars. so we know it's there, but it's there in extremely weak and small concentrations. but the instrumentation that i had to use to do this probably would fill this stage and cost about $15 million, and there was like seven or eight different instruments in this analysis which is why bringing a sample back or having a human in the loop will get us to this kind of resolution

and st micro and micron, these are examples of the sectors that are moving. there's stuff that is still dropping out there for the week. and we'll continue to add to this -- gold continuing to see outflows, the gld's down almost 3%. utilities in particular, the worst week we've seen in utilities in about six months. that's a very defensive group. maybe some concerns about interest rate sensitivity there and long-term bonds. same situation, maria, blv also to the downside. for the week, though, the stock market is still rallying. we're seeing nice moves up. industrials, consumer discretionary, and materials, there's all that defensive group. maria, tyler, back to you. >> i'll take it. thank you very much. today's "closing bell" exchange, jeff kleintop, john meryl, and our own rick santelli. welcome to one and all. quint, let me begin with you. you have been, you say, relatively cautious for some time now. and you still have a lot of your assets in cash, dry powder. what would it take to make you put some of that money to work and why are you so defensive now?