the president of morgan stanley wealth management. and vice chairman of morgan stanley. individuals and those who have sets of 100,000 to invest. it probably tells you about where people have been looking and trying to put a lot of money what they're feeling about things. >> we periodically go out and talk to investors and we call these pulse checks to see how people are feeling. as you said, we talked to 1,000 investors with liquid assets 100,000. and a third more than a million dollars. investors on balance are more optimistic. they are starting to invest more in assets and instruments where they're reaching for yield, equities, et cetera. they remain more cautious than they might typically be at this point in the cycle with the kind of market we have had. >> probably not surprising when you realize what we have been through in 2008 that people are gun shy. the problem is if they haven't commit thad have they missed out on a big part of this run or do you think there's more room? >> the other thing i would say is u.s. mutual funds have turned positive in 2013 as well.

. >>> morgan stanley takes its turn on reporting today. we'll have expert analysis out of cincinnati. >>> and president putin threatening to fire ministers for failing to support the faltering russian economy. geoff cutmore is still live at the 2013 russian forum. he'll speak with the former president of the czech republic when we come back. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones d

here's what's interesting about morgan stanley, if you correlate the stock price of morgan stanley to equity issues in tech, you'll find there's a very straight correlation. the tech moving up today, it's positive for their future underwritings. >> that's for sure. next up on "the half," gold prices extending their losses following the fed minutes, now down roughly 2% on the day. a little more than that. now two of the traders will battle it out over whether the precious metal and its next stop is up or down. bull/bear debate is next. >>> plus, david zier is going to join "halftime" to give you his top ideas. oh, yeah, and he's going to do it for free. you don't have to be a compliant. he's here. stick around, because he's giving you the secret to his success when we return. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. famers presen

morgan stanley cutting the price target to a single digit. here to tell us why he's more bullish. >> drinking the kool-aid here. everybody's fine. >>> later on, how china's demand for catalytic converters is fueling the largest commodity strayed. stick around to find out what it is. ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh >>> luxury good makers reported a quarterly profit, four cents above estimates. it also raised its annual dividend by 15 cents to 1.35 per share, a 13% increase. as you can see in business today. brian? >>> we've been following j.c. penney very closely, but you know that, because you watch every day. now morgan stanley has lowered the price target from 13 to $9. they foresee disappointing store checks, and the 2013 cash burn that may be, according to morgan s

goldman sachs, jp morgan, morgan stanley -- look at the regulators. the hundreds of millions of dollars lobbying in order to kill regulation. this is very counterintuitive to me. the way to kill legislation in today's day and age is not to get rid of it or to get it struck from the act. it is to fatten it up. this was not obvious to me at first. a thing called the volcker rule, designed to completely eliminate proprietary trading, banks betting with their own money. it started out as a two-page document written by two senators as an amendment to dodd frank. two years later there was something like 700 pages. banks realize that if they can get the law firms to exert hundreds of loopholes and amendments you ultimately reach a point where the law is so complicated that nobody can actually follow it, and you have achieved a victory were nothing has changed at the end of the day. we need to say the politicians, number one, why do you not have the political will to actually fix a problem that affects everyone? banks can still be profitable, can still do thi

morgan stanley shares lost more than 5% on the day. >>> and after the clos vx pharmaceuticals reported significant progress in test patients with cystic fibrosis. vertex's improved drug therapy improved patients' lung function in a phase 2 study. now, shares had closed down at the end of the session. but after the report came out, they were up as much as 50% in after-hours trade. >>> and chipotle reported a blowout 22% increase in profits, and that's thanks to stronger sales. and said it expects to open as many as 180 new locations this year. the company restated its guidance of flat to low single-digit same-store growth for the rest of the year. shares of chipotle which were down more than 3% at the close gained as much as 7% in after-hours trading. >>> and coming up, moving operations to china was a no-brainer for many american companies looking for cheap labor. but that could be all about to change. >>> first let's take a look at how the international markets finished the day. >>> as you know, consumer spending accounts for nearly. # 70% of u.s. economic activity, and nowhere do ame

goldman sachs, jp morgan, morgan stanley -- look at the regulators. the hundreds of millions of dollars lobbying in order to kill regulation. this is very counterintuitive to me. a way to kill legislation in today's day and age is not to get rid of it or to get it struck from the act. it is to fatten it up. this was not obvious to me at first. a thing called the volcker rule, designed to completely eliminate proprietary trading, banks betting with their own money. it started out as a two-page document written by two senators as an amendment to dodd frank. two years later there was something like 700 pages. banks realize that if they can get the law firms to exert hundreds of loopholes and amendments you ultimately reach a point where the law is so complicated that nobody can actually -- you have achieved a victory were nothing has changed at the end of the day. we need to say the politicians, number one, why do you not have the political will to actually fix a problem that affects everyone? banks can still be profitable, can still do things that serve

. >> you don't see morgan stanley going like this?nley has a fixed income issue and they're still suffering from the credit downgrade from way back, but this keeps happening and pressure grows on morgan stanley to do what they did. >> are the u.s. banks in better shape than the european banks? yes, all day long and twice on sunday. that's why i think this is an anomaly. i don't want to chase these and however, it is impressive and there are a lot of european companies including bp that reported a great number this morning. >> all right. >> there isn't a condo issue. i don't want to minimize that. >> condo -- that was a joke. will today be the day of the s&p? it's 1600. everybody is very excited about robert downey, jr., up there in front of this big poster. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim.

i just checked jpmorgan, goldman sachs, morgan stanley, they are moving higher.lity still remains in the market. we will get more on bernanke's comments in just a few minutes. let's get to coal prices. do you know how much coal costs? about $57 per short ton. they are off the highs from a few years ago. chairman and ceo, brett harvey is joining me now in a fox business exclusive. also some pretty decent numbers when it came to your epf. you matched estimates here. your stock is looking pretty healthy. it is down today, but you are up way more than your peers, or not getting hammered as much as your peers are. how is the cool part of your business doing? >> it is actually doing pretty well. if you look in a global sense it is doing very well. we are well capitalized here in the united states. we have other fuel to use, so we choose between them. that is good for the business. liz: when mitt romney did not win the presidential election, he said that was it. he was the big friend of cool. the business looks pretty healthy, regardless. >> yes. you have to think of co

better than expected armies this morning from pepsi, verizon and morgan stanley. >> linkedin is dressingp as mobile application to impress people who are increasingly scrolling through content on smart phones. the changes being unbilled today mark the first time that linkedin corp., has completed a major overhaul of its mobile app in 20 months. linkedin's new app will display photos and other graphics more prominently with a stream of updates. the stream will look similar to what people who frequent use facebook c on smart phones and tablet computers. the rebound app is available for the iphone and the android phone. >> we will be right back. if you're looking to go to schoscol,, you deserve more than just flexibility and convenience. so here's a few reasons to choose university of phoenix. sour average class size is only choose un14 students.phoenix. our financial tools help you make smart choices about how toy choose pay pafor scr hool.ix. our faculty have, on average, over 16 years of field experiene.e. our faculty have, on average, we'lwel help you build a personl excareer plan. our

he is sorry that the shorts are coming after morgan stanley. well, take it down. going to be next. you have to do something. guess what happened. the bailout more in. they wenttafter the tarp. john: and goldman and morgan went down. >> that is just a lot of baloney. okay? this is the urn legend that has been repeated over and over because basically the cronies of capitalism have pulled the could a top. george bush was clueless. yet no idea what was going on. john: abandon free-market principles to save the free-market. >> well, that story, almost everything else is said. aig was not a contagious disease. it was not going to cause a huge problem. we can look at tt. the mainstream banks were not going to go into a huge retail bankrupt. the money market funds or not going to collapse and cause economic systems to go down a black hole. and bernanke is totally wrong when he says we're on the verge of depression to a zero. we are not closed. we have done it many times in the history before, and this, as i say, was a wall street couldn't talk that really needs to be unde

he is sorry that the shorts are coming after morgan stanley. well, take it down. going to be next. you have to do something. guess what happened. the bailout more in. they wenttafter the tarp. john: and goldman and morgan went down. >> that is just a lot of baloney. okay? this is the urban legend that has been repeated over and over because basically the cronies of capitalism have pulled the could a top. george bush was clueless. yet no idea what was going on. john: abandon free-market principles to save the free-market. >> well, that story, almost everything else is said. aig was not a contagious disease. it was not going to cause a huge problem. we can look at that. the mainstream banks were not going to go into a huge retail bankrupt. the money market funds or not going to collapse and cause economic systems to go down a black hole. and bernanke is totally wrong when he says we're on the verge of depression to a zero. we are not closed. we have done it many times in the history before, and this, as i say, was a wall street couldn't talk that really needs to be

morgan stanley upgraded. nicole: a move to the upside.high already and it was upgraded from an overweight from equal at morgan stanley and had a price target of $36, certainly a winner on the dow jones industrials, as we saw the dow up over 100 points obviously recouping some of yesterday's numbers. you have johnson & johnson and coca-cola. and positive comments on boeing, wal-mart, exxon and microsoft and now what? i'm going to go ahead and throw mcdonald's in there, too, so there are so many stories for the dow stocks, a winning day so far. stuart: the story after seven minutes' worth of business the stocks have a nice bounce, 116 up for the dow jones average. gold does not have that kind of bounce. it's still shy of 1400 an ounce. so, as we come back after yesterday's big selloff in both markets, it's the dow that's coming back a bit better than the price of gold. and by the way, all 30 of the dow 30 stocks are now green. that means they're up. let me give you the 7 early movers this tuesday morning. lower profits better than expected

now, we have got some breaking news on morgan stanley along with ratings from s&p and moody's.apiro brings it all to us. >> reporter: you remember there was the settlement on friday with the plaintiffs who were suing the firms over bad ratings. well, according to "the wall reet journal," that settlement of the two suits is actually going to cost $225 million. s&p and moody's are going to be paying that. and "the wall street journal" also reported that s&p, moody's as well as morgan stanley each paid 75 million to settle those lawsuits. the payout was kept confidential by the three firms. the plaintiffs, there were 14 in all, they were led by the ab -- abu dhabi investment firm. of but the news right now is suits are going to cost $225e million to sett on friday. the amount had not been disclosed. melissa? melissa: all right. adam, thank you for bringing that to us. gold's price slump puts the mining industry on the rocks. a top executive says gold is set for a trn around, but one of our favorite gold bearers says not so fast. both of them joining us to debate it. that's coming

. >> we'll have a morgan stanley analyst on later. >> the consumer speaks to better housing, better jobs and a little more confidence. there are so many naysayers about the consumer and they been very revery resilient. >> i was at a conference earlier this week, so i was not here, but the market keeps getting gifts. we're getting fundamental gifts. the purchase on monday that ge made, that tells every investor that believes this is late cycle the shale story, domestically, the oil and gas story, the purchase 2that they're making i oklahoma, $100 million facility. is this a blessing going forward. this is actually going to to reduce the deficit. we'll import less oil. and you're looking right now at opportunities that you haven't seen temperature take a look in the utility space. nrg. you have an incredibly tight texas power market. demand no electricity is rising. so it's a new dynamic that gets introduced at the top. so one thing that's catalytic going forward. >> our next guest has been calling for the dow to hit 16,000 by the end of the year, possibly much higher after that. let's bri

goldman and morgan stanley. they were running the treasury. was basically a... >> jon: that was a too big to fail. they got bailed out. >> and it wouldn't have spread to main street. that's the big argument. i call it the black berry panic. everybody in the treasury building running around looking for black berries. my god the price of goldman is dropping by the hour. must be the world... >> jon: the pillar of our economy, a foundation. >> the world has functioned just fine without goldman sachs. that's the bottom line. >> jon: i really wish you had put that in the beginning. because by the time i got there, i was hallucinating. >> okay. jon: but... the solution... jon: the whole premise of the bailout was flawed in that this crisis was not the widespread crisis. it was a contagion that would not have spread and we should have let it fail. that would have sent a message to those investors and they would have wised up... >> they wouldn't have done it again and again. there were two investment bankers >> jon: you're saying it's a moral hazard we

bank on morgan stanley. bankers aric thatting a beating after bank of america's weak report. will morgan stanley post better results? two of our traders debate. >>> first, the top story. the sell-off returns. energy, technology, financials, industrials leading the declines. consumer staples doing poorly as well, and theoretically they should be a defensive sector. what is the way to navigate the massive moves this week? good thing we brought our trader to guide you through it. bk? you're bearish? >> i'm bearish, bearish for about -- i guess four weeks now or so, three or four weeks. and i cover a lot of my shorts yesterday, particularly european stocks, and this morning i put them all back on. i covered my -- i was long bonds yesterday. i sold them just to take profits. this morning, i went back and bought tlt, bought canadian bonds, bought u.k. bonds. i am as short and as bearish as i ever could be. >> how low could yields go on the ten-year, for example? >> who knows? look at japanese, they're .5%. why couldn't we go there if we continue to go down this road? >> you're a be

again street big five goldman fifty chase bank of america and morgan stanley of course pervasively rule to tell haynes stolen from virtually every pension transaction on lawfully foreclosed this is the result of the homes deliberately sold products than to give the committed to trading manipulative prize the finest poems these tried to destroy evidence and droids rates because they just these politicians mostly lingle executives at these banks is being charged the justice department's that no one has b.c.'s getting indicted for systematic criminal activity see the a just b. c. officials but terrorism financing broke the bank secrecy act broke the trading with the enemy act it would fix the trillion dollars in suspicious transactions and gave favored client states to. wall street executive richard isco do us a flavor of the favored cloying we're talking about the mexican cartels that have killed more than sixty thousand people whose preferred modus operandi is to come into a town cut off the heads of sixty prominent citizens and then leave them in the town square or as they did at one po

connell: let's go to nicole petallides morgan stanley is a big winner?the sixth largest bank by assets can now with a profit compared to the one year earlier with a loss that is good news for a pate is down 2.7%. it is because of the commodities where they saw revenue drop dramatically and they are looking at spending of those assets in particular. in the meantime the chief financial officer says it is a great time to add senior talent. there is no update of the timing of the brokerage purchase there in the midst of with city groups of those are a couple pieces but in the meantime you do see the beach on the earnings per share down 2.7%. back to you. connell: the breaking news story is 160 people injured at the fertilizer plant explosion in the state of texas absolute horrific scene there. the toxic fumes so they had to evacuate half of the town's residents and a number of homes destroyed. dagen: boeing is oh so close to getting the 787 back in the light air waiting for faa approval. how long? and we will see how the currency holds up against the dollar

that was a cover story for bailing out goldman sachs, morgan stanley.s it wasn't remotely possible. morgan stanley, goldman sachs, the rest of wall street had speculated massivery on the bubble finance that the greenspan fed and produced with the interest rates. our financial system was way overleveraged. it was funding itself on hot money that came and went on an overnight basis. and so therefore, the system needed a cleansing. it needed discipline. and we could have let the two of those firms fail. it wouldn't have spread to the main street banks. they weren't engaged in this kind of lenked speculation themselves didn't own the toxic assets. there was never a risk that the atms would go dark or pay rolls wouldn't be met. all of this i describe in shorthand as a coup detat by wall street. and it led them running around the third floor of the treasury department propping up wall street when the taxpayers of america never should have been thrown in harm's way. >> i read through your new york times piece and i would like to quote. you wrote the modern sta

some big earners moving today, though, morgan stanley falling 4% as the bank posted a 14% drop in earnings. bond and commodity trading business faltered. the company saying it was bogged down by heavy accounting charges. and pepsico popping in the other direction. they are going up, ending the session significantly higher. company's revenues rose more than expected as strong sales of snacks in emerging markets overcame the weaker beverage sales here at home. liz: and action in the commodities pits. natural gas ended with a more than 4% gain on the back of a smaller than expected climb in last week's inventories. so at these prices, $4.40, that's a 312-month -- 21-month high. crude rising as the dollar weakened today, added about $1.05 settling at $87.73 a barrel. "after the bell" starts right now. ♪ ♪ david: well, let's get right to today's market action. mark, premier financial adviser's senior well strategist, has top places for you to make money. craig hodges says investors should use market weakness to buy great companies on sale. but let's start with tim mull hold land in -- mulhollan

citigroup, morgan stanley and goldman sachs beat examinations. the tech bellwether dipped below $400 a share this week, just seven months after hitting a record high of above $700 a share. concerns that product sales will not be keeping up with the possible glut of inventory there exxonmobil once again surpassed apple as the world's most valuable company this week. and seaworld made a splash. the entertainment and theme park company began trading on the new york stock exchange on friday with an ipo price at $27 a share, the deal raised some $700 million. >>> austerity persisting in britain and europe, despite forecasts of downgraded growth in the uk and recession in the single currency eurozone. this coming from the spring meetings of the international monetary fund and the world bank, where i spoke to the former head of germany's central bank, axel webber, now c

later this week for investors to look on including microsoft, idn, morgan stanley and google, as cross quite a few sectors there and economic data. all of that may affect the dollar yen as well. for now, pretty positive start and we are seeing a rebound. >> thank you. the nikkei is up.8. i will have more news for you later in the hour. for now, a check with other markets. >>> crews at the fukushima daiichi planted in japan have started work on a project to stop contaminated water from escaping into the environment. they have started work on a project to stop the contaminated water from escaping into the environment. workers for tokyo electric power company discovered three of seven underground storage pools are leaking. tepco officials believe pools one and two may be leak being the most. so they're placing priority on training them. on tuesday workers started transferring with 20 tons per hour from pool two to an above ground tank more than 400 meters away. officials say the process will be long. they plan to step up monitoring to make sure no water escapes during transfer. they estim

morgan stanley was the name but goldman sachs is accelerating. >> all right.de is up next. e known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ to enjoy all of these years. ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. since aflac is helping with his expenses while he can't work, he can focus on his recovery. he doesn't have to worry so much about his mortgage, groceries, or even gas bills. kick! kick... feel it! feel it! feel it! nice work! ♪ you got it! you got it! yes! aflac's gonna help take care of his expenses. and us...we're gonna get him back in fighting shape. ♪ [ male announcer ] see what's happening behind the scenes

goldman sachs and morgan stanley.hich still haven't regained much of their footing and became two of the most disliked stocks in the market. at least when it comes to their book value versus share prices. did anyone, did anyone slash their forecast more visibly than caterpillar? talked about missed earnings. the largest manufacturer in the dow failed to deliver on multiple counts even as the stock seemed to reflect those woes already. heck, two of the largest food purveyors in the world mcdonald's and starbucks reported to me what looked like terrific numbers. when you dove underneath the hood, some looked weakness. weak numbers around the globe for mcdonald's. gross margin issue in china that reversed starbucks in after-hours trading. they were both laided disappointing. starbucks posted a 7% domestic same-store sales growth. both stocks are coming back now. i think that's right. but there's no denying that the quarters were panned. so now we have them all. let's go over this. what did happen? what happened to the av

reasons why you saw that morgan stanley is under pressure., this is one of those days here where you do see down arrows for many financials. dow jones industrials down 38 points. back to you. melissa: nicole, thanks so much. chaos in venezuela one day before contested president-elect nicholas maduro is set to be sworn into office. so what does the instability mean for global oil prices and u.s. interests? joining me now the director of macroeconomic research for voltec capital markets which is focused on latin america. thanks for joining me. there is this sense of course this election or these elections somewhat rigged. at the same time, the candidate that won the, chavez candidate, only one by half a percentage point or a few 100,000 votes. what does at that tell you how much control they really have? >> it tellses you that economic and political policy of hugo chavez is really severely debilitated without him. that is very important. he beat the opposition candidate by 11 percentage points. six months later his successor barely closed in by

and morgan stanley stock sold off on word the company turned a better-than-expected profit, but its trading business fell 42%. seaworld is hoping to lure investors to its ipo today. seaworld shares priced in at $27, the top of its range. also out today, blackhawk networks, a spin-off of grocery chain safeway, is expected to price between $20 and $22. in ipo action thursday, chemical company taminco priced in at $15 and closed at $14.55. green-reit hannon armstrong priced at $11.40 and ended the day at $12.50. and satellite- maker intelsat opened at $18 and settled out at $19.25. a new study shows there's an "extreme" divide between the amount of money married couples and single people save for retirement. the national bureau of economic research uncovered that by the age of 60, married couples on average had $190,000 saved, while singles had just $39,000. one of the reasons for the sharp divide, according to marketwatch.com, is divorce. northern trust has a new "hands-off" rule for facebook. the bank updated its ethics policy to insure employees don't use work contact info on personal pages

growth, negative 1% growth, they're actually up 7% after great reports from big banks such as morgan stanley, goldman sachs, stae citigroup and that's where the financials have certainly gained as companies have come out and reported positively within that sector. >> looking behind those sector numbers and who's winning and who's not, what is that telling you about economic and business conditions? what are the themes? >> some of the negative themes we're seeing and despite what bob said, yes, we did see group reports out of industrial companies today. overall the industrials are expected to be down year over year as are the materials and when you have two sectors that are proxies are global growth, it is disconcerting and just continues what we already know and there is still weakness in global growth. a lot of these companies are still citing europe and china as areas that they're seeing weakness in the first quarter and continuing into the second quarter. i would say those two sectors alone do paint a rather negative picture and then, it is nice to see consumer diskregary on the other end

. >> it is a ministry he takes each week to new york presbyterian morgan stanley children's hospital, where at the cerebral palsy center he sees patients like 10-year-old devin. >> after the shot can we send him to school tomorrow? >> dutkowski hopes the medical community will learn from treatments pioneered here how to treat cerebral palsy patients not just when they're young but also as they grow older. >> country doctor coming down to wonderful, you know, the finest medical centers in the world, i was out of my comfort zone. but what's the risk? if i fail, yeah, i got a little egg on my face. big deal. but if we succeed, we can move the world. >> he can't get comfortable. >> 2-year-old nathan has a rare congenital disorder. his mother jennifer feels about the same as most parents do when it comes to dr. "d" as he is affectionately called. >> he listens, yes. he's a listener. he understands. he takes the time to educate. a person such as myself. >> a lot of doctors don't listen. they just want to do what they got to do for you and go away, just because we may look funny doesn't mean

we will hear from a slew of banks including citigroup, bank of america, goldman stax and morgan stanleye group may well set the tone for trading. other companies coca-cola, google, john soon and johnson, intel, verizon and ebay report their first quarter earnings and monday is the deadline for millions of americans to file their income taxes for 2012. tuesday march is consumer price index report will be out. the cpi tracks the price change for household goods and services. on wednesday, britain will hold a funeral for former prime minister margaret thatcher. >>> finally today, hang this on the wall. the son of cosmetics founder es stee lauder gave a gift worth a billion dollars to the metropolitan museum of art this week. his collection of 788 works of art including 33 by picasso. it is one of the largest donations in history. it will also impact the met's standing as the foremost chronicle of modern art. they will launch an exhibition from his donation in 2014. thamplts will do it for us for today, thank you for joining me. next week, what's the headline of the future of the news busin

showing some grin after morgan stanley wrote after a lake lust irwindows they launched the gap between sentiments and fundamentals looks as wide as ever. so that's one stock on the move to the up side. back over to, simon and sue. >> thank you very much. seema. let's get over to chicago, rick, can we confirm across asset classes this optimism that bob pisani sees from stocks? i guess there are things going on that would be positive. sometimes it accident. leverage in positions are nasty things. if you look as a two-day start of rates, they're reversing a bit. opening the chart up to decent, you can see we're still lower than we closed last year. no different yesterday, three and six-month after the gold started to give up ground, we see more interest in t-bills. dollar index, i heard larry's piece on gold, fascinating, but it hasn't help the greenback. greenback is at a 5 1/2 week low, certainly it's patterned the mirror image of the european currencies. it looks like it will be in for a bumpy ride. >>> what's the market moen doing following a recent sell jo of? we welcome back david b

morgan each down more than 2% and citigroup and morgan stanley also lower today as you see right there. abercrombie & fitch, the teen retailer led the s&p 500 on optimism about the overseas expansion plans and the company's target of 15% growth in annual earnings. shares of abercrombie up 4% on the day. >>> facebook holding an event tomorrow to unveil its new home on android and it got a vote of confidence from a jp analyst who said we'd be buying and repeated an overweight rating. shares were up over 3%. zynga is going a new neighborhood, launching zynga plus poker and zynga plus casino. real-money betting for gamblers in great britain. investors see those as positive for springa right now and positioning for online gambling down the road. the shares changed hands at five times their average volume gaining more than 14%. >> and the 2013 corn crop forecast is the biggest, you may have heard in 70 years and corn accounts for three-quarters of monsanto's seed sales. the company reported higher than expected earnings today and boosted its full-year guidance. shares, however, little moved

we'll hear from citigroup, bank of america, goldman sachs, american express, and morgan stanley. the group may very well set the tone for trading. other companies on deck, coca-cola, google, johnson & johnson, and ebay with their first quarter earnings. >>> tax day is upon us. monday is the deadline for millions of americans to file their income taxes for 2012. tuesday march's consumer price index will be out. the cpi tracks the price change for household goods and services. on wednesday, britain will hold a state funeral for former prime minister margaret thatcher. >>> and finally today, hang this on the wall. leonard lauder, son of estee lauder gave a gift to new york's metropolitan museum of art. picasso from the early 20th sent acubist period is one of the largest philanthropic donations in history. it will significantly impact the met's standing as the foremost chronicler of modern art. the museum will launch a special exhibition from lauder's donation in 2014. that will do it for us today. thank you so much for joining me. next week, what the headline about the future of th