here at the new york stock exchange, 9:30 a.m. opened and they had a moment of silence in honor of everyone that either suffered injuries or perished yesterday in boston. i'm outside of the new york stock exchange but inside is a very busy day for our own nicole and it is top of the hour. stocks now, nicole, i just saw a few moments ago. what are you watching inside? >> graeat to see you. i wanted to look at the dow jones industrials. yesterday some fear in the market late in the day after what occurred there in diane macedo and boston so we saw a selloff yesterday where the dow was down 265 points. regaining some of those losses today. up 135 points right now. we're up 1% on the dow jones industrials, much like the s&p 500. tech heavy nasdaq is the best of the bunch. it's up 1.25%. retail stocks, drug stocks doing well. 25 of the 30 dow components have green arrows with the exception of wal-mart. coca-cola came in with quarterly reports and they are the number one and two performers in the dow in percentage terms and adding 25 po

today standing by at the nymex and see meager and we have nicole petallides on the floor at new york stock exchange in a moment of first let's go to our traders on the floor of the new york stock exchange was so many multinational companies coming in with earnings and this seems to be changing the tide of the market to the down side. >> this is a downtrend to begin with with the consolidation we have been waiting for and we want to point* fingers whether china or earnings we have the ability to do that. the united states sought a bit of recovery yesterday because of the safe haven for the rest of the world and that has washed away and the bank of america earnings , until and the like facebook number a little bump to the housing side but if you are an individual investor at home these are the sell-off see one to have your shopping list out to be ready to buy. cheryl: by the names that you like is what you are saying. so the volatility index one delicate of vix index they say to a one to buy into the market? what you say? >> i do say that is what they're looking at it is a tale of two worlds. if you

just the new york police commissioner and, of course, the new york pd that is on all of this, but it is local fbi officials as well, so here, it's a regular day in front of the new york stock exchangeaders shaken, of course, by what happened last night, but they had a moment of silence this morning as they opened up the exchange, liz, and, again, life goes on, but new york is still under a heightened state of alert for a few days. liz: makes sense. listen, it was really since 9/11 have to be like this. so sad. thank you very much. >> yeah. liz: cheryl casone at the new york stock exchange. the expression is, pay back is a -- i'm not going to say it on the air, benny, but it's a "b," and carnival cruise line says they will repay the u.s. treasury department undisclosed amount in the cost of dealing with the two separate incidents where the ships malfunctioned leaving passengers stranded for days with problems like overflowing toilets and no food. meanwhile, royal caribbean unvailed a new class of ships. totally different company, royal caribbean, look at this, okay. look on your screen, stop what you're doing. it's a class of ships called the quantum, which makes sense because of th

let's go to nicole at the new york stock exchange.dra's at the cme, we'll talk to her in just a minute. but these sort of defensive utilities look very healthy, nicole. >> reporter: that's right. whether it's good times or bad times in the market, one sector we always focus on are the you times, and take -- utilities. pinnacle west, for example, up nearly 1%,dte energy up as well. we see this group as a defensive play. now, i know you're seeing some down arrows here in energy, energy still holding on to a gain, but these names did hit some 52-week highs for the most part. as you noted, more than 40 names in the s&p 500 are at some new highs. so that's worth noting. and just to give you a glimpse of how many names on the s&p 500 are on the move, 331 up arrows and 160 to the downside. the rest are unchanged. and then, of course, on our dow we have those other names hitting highs like disney and j&j. liz: sandra, i don't know if you heard ben willis at the top of the show say he is more nervous today than he has been in four years about

we are at the cme, the new york stock exchange and the imax. are in chicago where you see a lot of action in the cme. what were the traders thinking and how did they behave? >> a tale of two risk assets. @he equity markets -- what i think this leads to is a new look at qe. i think this jobs number really put in into that. we are putting the ten year yield below 1.7 you see the equity markets start to get a bed. you will see people buying dividend stocks. we are seeing the bond market screamed higher. the qe trade is back on. liz: the u.s. dollar started to weekend which has not been the trade as of late. you would think big, sort of, global companies in the united states was like a weaker dollar. we did not see any strength. >> yes. exactly. when you get a weak economic indicator, we see deterioration inside the market. that jobs number today was just a match that lit the fuse. we are seeing leaders inside of the market. we saw it in utilities, consumer staples, healthcare, really defensive names. s&p had some very key technical levels. that ga

let's head to the floor of new york stock exchange.petallides who has some heavy hitters on the dow for us. nicole? >> you are not kidding, melissa. let's look at names we're taking a look at. luckily for us they're all on the same post. we'll start off with general electric which you see is down 2.25. next to it is caterpillar up 2 1/2%. coming out with numbers for the quarter. i definitely want to focus on caterpillar. their profit fell, but it is interesting and they trimmed full-year guidance but they had given out numbers on friday thinking it would be worse than what they got. actually ended up being better than expected. bring you over to mickey d's, mcdonald's. mcdonald's is down about 1%. so that is certainly worth watching. year-to-date, it is a real winner. up 12%, cut by clsa. but they did have weak sales overall. they had just to do more with a low-priced menu to try to lure away the customers from some of their big competitors. back to you. melissa: nicole, thank you so much. lori: do you think the faa's warning that thou

just so you don't miss anything, we'll get to floor show, traders at new york stock exchange, cme group and nymex and lauren on the floor of the new york stock exchange. first though to our traders. your thoughts john on the fact that while we're down about 23 points for dow industrials almost like but for ibm we would have a higher market even with the news. >> that just add its volatility that we've seen in the market, the big swings up and down continuing in the market. we'll see them moving forward. ibm taken out, we're green across the board not surprising considers that headlines and earning season effects already. let's look forward to next week. not a lot of economic data will move the markets, we have cat tractor on monday, a big bellwether name that could show some direction. and the headlines that are coming out this weekend will add or subtract from sentiment of investors intention of getting back into the market. i think that intention is there i think they want to get back -n. but right now triggers are not showing it. liz: breaking news, red sox versus kansas city royals

commensurate let's say with the way trades are cleared in the exchange to new york stock exchange or some other exchange where there is a specialist function who is making a market and their job is to create a fair and orderly price matching buys and sells and so they do this by by having both the ability to match trades buyers and sellers but also managing an inventory of whatever it is they're trading in so if it's i.b.m. stock on the floor of the new york stock exchange the market maker would have an inventory of i.b.m. stock so that if in fact there was a mismatch of buyers and sellers they can step in and be the market be the market maker that doesn't exist on any of these exchanges really they're trying to match up buyers and sellers in a way that's completely inappropriate for any kind of modern market making mechanism and so while i'm in the process now of trying to straighten that out by working by consulting with projects here in london and elsewhere to see if we can bring in a world class market making and of course my patent on this the virtual specialist the designs of th

and stocks now every 15 minutes and we're taking you to the floor of the new york stock exchange. od stories stocks out there today. where do you even begin? >> i've got lists and piles of them. we want to make sure we're hitting different things. we have touched on j.c. penney throughout the day today. just wanted to give you what some analysts are saying about some retailers. j.c. penney is in here. c.s.w., designer shoe warehouse and the gap are both slightly to the down side on a day where the dow is higher so here is what they're saying about the designer shoe warehouse, their growth story remains intact. they have a positive rating and they put a $73 price target that shows upside potentially. the gap, jeffries, they continue to view the stock as a top pick. buy rating there. they raised their tarring tote $56, up from $51 so at $36.75, upside potential for that one. j.c. penney, the problem story here of the day and of the last year, we really should elaborate, but they continue to deteriorate further. they have a $15 price target. c.e.o. replacement reflects urge ents situa

for more on the story and the mood of investors this week, we turn now to bob pisani at the new york stock exchange. >> reporter: it was a tumultuous end to a tumultuous week, bookended by the boston marathon bombing and investigation. stocks opened mixed, with ibm down about $14 right out of the gate on disappointing earnings. ibm is a dow component, and that $14 drop cost the dow almost 100 points. but it was the ongoing investigation in boston that dominated traders' attention. for much of the day, traders stood around monitors, watching the developments unfolding. when they weren't discussing boston, the focus of the conversation was the poor performance of the markets. with the dow down roughly 2.2% this week, many traders noted that this was similar to the meager 3% pullback at the end of february, which proved to be a buying opportunity. but many have argued that this pullback might be different. first, this decline saw heavier volume and panic selling, particularly on monday and wednesday, when 90% of the volume was on the downside. many are now questioning whether we are still in an uptren

nicole is on the floor of the new york stock exchange. are herbal life and sketchers doing after yesterday's wild session with the guys? >> right. we had a check in on here right now, herbal life down, and for the weekst that's what we've been seeing. herbal life down 6%, sketchers up 7% this week. taught about the possibility whether herbal list is listed here, that's not the case. herbal life is looking closely and working on securing a new auditor now that kpmg has alleged insider trading from one of the former partners. we'll continue to follow the story here, and both of these names, obviously, now, no longer have kpmg. jcpenney, week to date, 10%. it's continuing to the losses, new lows for jcpenney, and new ceo, which was the old ceo, called him up, save us, kick ron johnson out. they are looking back to school saying that's the saving grace. lori: thank you, nicole. melissa: grain prices falling at the u.s. department of agriculture forecastedded greater than expected global supplies. sandra smith has a look from the pits of the c

traders at new york stock exchange, cme, and imex. live at the new york stock exchange in a moment, but, first, straight to the traders. give us the headline that matters most on a day like this where people woonder if the rally continues. ben willis, you are first. >> being a dip is a good thing wall on wall street. buy the dips now. when i was a kid, dip was not good, but now we can't get enough of them. liz: an old term. you're a dip. what about the cme? >> don't put today's money in yesterday's trade. last time last week i said buy gold off the 50/50 low and the euro yen weakness, so i really think that overall that yen continues to depreciate, but don't chase it up at these levels. we don't know what's going to go on. the upside weakness is minimal, and gold is going to be stuck range bound with dollar strength. if it goes on to 1550, buy the level again, it held over a year and a half, but don't chase it up here. liz: here we go jeff grossman to gasoline, oil, natural gas, what do you pick today? >> oh, crude oil is not dead yet

nicole petallides is on the floor of the new york stock exchange. stocks are coming back off the lows but still a rough week? really a rough week. we started off a new quarter. the month of april is the first month of the second quarter and right now there is a one-week chart for both the dow and the s&p. we're seeing both in negative territory. the s&p is down just over a percent. the dow is down frack alley. -- fractionally. you can see we've had a down week and back and forth action the downside has prevailed at least so far. let's look a f-5 net works. this is the technology realm telecom software. they had to slash their views for revenue. what we're seeing here their guidance is below analysts and down 5% and cisco systems and other guys like june fer -- juniper. back to you. melissa: nicole, thanks so much. kfc is tray straying from the tried and true chicken on the bone and going boneless. they are announcing plans for original recipe boneless. off the bone and deep-fried, the same blend of herbs and spices. making me hungry. kfc is straying

we'll head down to nicole petallides on the floor of the new york stock exchange where we go every 15cole, you're looking at tech? >> that's right. there are some hot stocks to watch on a day where you see the tech-heavy nasdaq up over a full percentage point. let's kick it off by taking a look at apple, good ol' apple. all shareholders were begging the thing to go through 400 and done so. it is jumping lately at 432 right now. the latest they're filing for a potential debt offering. the size of that is not disclosed according to the sec filing. they're asking goldman sachs to organize meeting with bond investors. they obviously have a lot of cash on hand but may need more. they have buybacks and dividends and heard rumblings of stock splits so that is one we're watching today. back to you. ashley: thank you, nicole, we'll check back in with you while the dow is continuing onward and upwards movement. tracy: not paying attention to anything. ashley: nothing. tracy: no surprise the faa furloughs are done. will there be anymore exemptions for automatic spending cuts? greg valliere will

new york city on heightened security. we're in front of the new york city stock exchange, one of several big landmarks in new york city underith the stock market yesterday. at the end of the day, what we saw was frankly a panic sell. i don't use that word lightly at all in the last few moments as traders here at the new york stock exchange and around the world were trying to get their head around what was happening in boston, that fluid situation developing as the night wore on. when the market closed, the dow lost 245 points, biggest loss in five months. then you had gold. gold was a huge loser yesterday. it was the worst day for that contract in 30 years. that was other things happening around the world. the chinese economy was falling down, banks in cyprus potentially selling their gold reserves to pay to the european commission. a lot of things on minds when they open today. i'll tell you what's different today. this is the security tent. everyone that goes into the new york stock exchange has to go through that security at the present time. traders, heads of state, presidents. no one is immune from the security screen.

back to nicole on the floor of the new york stock exchange, stocks were in the red, 164, support levelstechnical levels in focus to figure out if there's an and flexion point. >> hard to gauge it. that's certainly one thing we have to note that the dollar is something that everybody on wall street is following closely. the three major averages, techs hit hard with the nag #* nays -- nasdaq down 2%. the selling is broad based and all to the downside, the dollar is ripping as the traders say here on wall streeting and there's, obviously, been a lot of selling and concerns in europe, and that also adds to selling in the states. an ipo today, fareway supermarkets, those in new york are familiar with fairway. the ipo up 30%, a $13 price at the upper end of the range trading as 1841, using the money to expand and build more fareway supermarkets. they were to have the ipo, but sandy came along, and, obviously, pushed back. back do you. lori: thank you so much. melissa: a near two-month high, a live update from the cme just ahead. lori: lou dobbs weighs in on immigration reform and mexican barb

nicole petallides is on the new york stock exchange. you are watching some tech names right now. le: i sure am. zynga, a name coming under some pressure today. the stock is down 7% today. the number of people playing these games has slipped about 13%. also taking a look at amazon. everyone waiting on that today after the bell. it is a winner so far today. everyone is waiting to see if there is any news on boxes for televisions. will they say anything pertaining to that? that will be something we are watching as well. melissa: yes. without question. watch out what you should keep an eye out on with the report. of course, we have full coverage of amazons reports. tune in right after the bell. it looks like this guy is the limit, after all. delayed flights and frustrated passengers has the senate rethinking those furloughs. lori: greg kelly weizen. melissa: take a look at how the dollar is faring today. stronger against the euro, weaker against the rest. we will be right back. ♪ ♪ [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this

let's get to nicole petallides on the floor of the new york stock exchange.ay. that has the heaviest trading volume day in its history. >> that's right, ever >> the stock is closing down 12%. these are 12-year lows. jcpenney shareholders are pretty upset these days. ashley: talking about rough days, herbalife having one of those days, nicole. >> herbalife is another story when you talk about herbalife and kpmg. they were the auditor for both skechers and herbalife. could be interesting what happens going forward. alleged insider trading at kpmg. liz: charlie gasparino just reported on fox business that herbalife could be delisted from the nyse because of some of these problems. we're watching that as well. let's broad the picture to see material stocks. they led the markets to new highs, seen on somewhat of a miss for alcoa. >> that's right. pretty amazing. cliffs natural has been a pretty big loser. people may be buying it up. market is movin

we have traders at the new york stock exchange, cme group and nicole petallides standing by at the newk stock exchange. each day just flies by. you said you were the most nervous you have been in for years. anything over the past couple of days that have changed the way you feel about that? >> not really. i am still concerned the boat is listing to one side. there are too many holes. i have been like this for too many years. this has to make you nervous. i am not saying anyone should panic. the point is, you should be concerned. you can use any numbers you want to look at. the fact of the matter is, there really is no justification to be here. the gdp number was way less than expected. it is still better than last and quarter. the dow, at least for now, is still on the plus side. liz: you would not be opening any new long positions? >> i agree with his analysis. the charts, to meet, still look pretty good. we could pull back to the 1560 area. i agree with them 100%. i think that is what has gotten us appear. the market has an incredible durability to climb a constant wall of worry. >>

let's head to the floor of new york stock exchange. our own nicole petallides is standing by. ng for direction today. it has been a good month though? >> right, absolutely. the dow dipped into positive and negative territory back and forth as we're speaking right now, melissa. as you noted it has been a great month. we're seeing major averages up 1.6%, 1.7%. look at dow versus s&p 500. obviously we had a good month with the up arrows. the back and forth action really remained. there it is the come chart we were talking about. i have to throw in the nasdaq hitting all-time highs, i'm sorry, highest levels since 2000 for nasdaq. i was stuck thinking about the s&p 500 which came within fractional levels of hitting the all-time intraday high. see if by the end of the day it may just do that. thanks so much. >> thanks. lori: the flash crash caused last week, sec is wrapping up a meeting to try to assess the implications of twitter to distribute public nfrlgs. bart chilton is the cftc commissioner. he joins us from washington, d.c.. >> good to be with you. lori: just to clarify the m

keith bliss, thank you very much before the new york stock exchange. s" had big growth in online subscribers why did the online ad sales fall? ahead in my "media minute." cheryl: moving up today. we will be right back. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to th. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. dennis: file this one under sleeping with the enemy. a new: firth film struck a marketing deal with a website hollywood hates. bit torrent. helping to fuel the illegal downloads every year. arthur numan is the film. the first seven minutes will run first on bit torrent before the film opens tomorrow. hollywood is officially outraged but it is a smart move, the card has 170 million users and most never would have heard of this film read the g

it is 30 minutes past the hour, nicole petallides at the floor of the new york stock exchange. k exchange. their are a lot of heavy hitters. he is global head of equities. tell us what you think about these markets. i know we had a selloff last week. what you think about the market here in the states and in europe? >> -- nicole: where do you get in: to not be swayed by the selloff. nicole: where are buying opportunities? >> it is very much exposed to the rest of the world. europe is a good place. nicole: how do we do that? should they buy european banks, should they buy the index? >> they could buy the index. nicole: okay. how about merging markets in gold? >> it is volatile. it is not yet the end of the qe. nicole: that certainly is worth noting. they are holding a very important meeting upstairs. we have bank of america, hsbc, duncan near our is there. very interesting. thank you very much. dennis: thank you very much, nicole. the dow is down 21, cheryl. cheryl: existing home sales taking a dip in march. what are you seeing here positive? frankly, today it is a big market nega

not just the new york stock exchange. all sorts of black pools people trade on and match buyers and sellers which what markets do. when you have that disintermediation in the market it leads to stuff like this. who knows where the trade occurred. they probably don't know. it is kind of a scary thing and something the sec needs to put on its front burner. mary jo white is the new chairwoman. she doesn't strike me as a person who would do that. her background, she is brilliant. she is a brilliant law enforcement person but i always think the law enforcement person should be the head of the enforcement digs not a person at the top of the sec which sets a broader agenda which regulation is big thing that is unw problems she will face. let's hope she brings its up but i'm doubtful and this stuff will keep going on. lori: this happen so fast, in the blink of an eye and then recouped it. would this happen in the open outcry system? >> probably not they would say don't throw the baby out with the bath water. there is efficiencies

bob pisani has more from the floor of the new york stock exchange. >> it was an ugly day for stocks. down on concern about slower global growth. but an ugly day for the markets got uglier just before 3:00 eastern time when word come of two explosions at the boston marathon. the dow, already down 165, quickly lost another 50 points and closed down 1.9%, the worst one-day drop since november of last year. the vicks or volatility index, also known as the fear index, also jumped and ended the day up over 40%. the day didn't start out much better. gold and other commodities dropped big at the open. gold in particular, down 10%. its worst one-day decline in 30 years. other commodity stocks like mital, tinto or cliffs natural resources were also weak. defensive names like walmart were also done, but fared better. the main catalyst for the sell off was concerns about slower global growth. china reported gdp for the first quarter below expectations. with europe in recession, trader rs now worried where is the growth going to come from. i'm bob pisani at the new york stock exchange. >> as bob

bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key commodities like copper, aluminum and nickel were again dropping at essentially 52-week lows, all on concerns out slowing global growth. key commodities hit 52-week lows as well. and while commodity stocks like materials and energy suffered, there were also notable decline in industrials and in financials like bank of america which missed earnings estimates. and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whetheword being made in the boston marathon investigation and, again, moved down toward the close. >> the problem for the stock market is a simple one. the market has been in an uptrend all year. now we've had two big down days, two days for selling on heavy volume. that's a question whether there is still an uptrend in the market. trend followers are an important part of the

we're back on the floor of the new york stock exchange to get some trader reaction. he president is meeting with bank ceos at white house. the event is closed to the news media. charlie gasparino has ways around that. we'll tell you what he is hearing next. lori: oh, no. look at interest rates. we have a stock market rally so they're selling bond today although not too much. 10-year yielding dropping below 1.8. 30-year is 3% even. back after this. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's larges

news, back to you. >>> up next, a look at the stocks and how the victims are being remembered in the boston bombing. >>> taking a live look at the big board, new york stock exchanges, a nice recovery after the big loss yesterday. the dow jones up 125 points. >> the victims of the boston bombings were remembered on wall street today just one sound of the bell followed by a moment of silence on the another of the new york stock exchange, as traders pause to honor those injured and those killed. >>> tonight on the 5:00 news, patti lee will be in boston. she's looking for bay area residents hurt in yesterday's blast at the boston marathon or in the crowd when the explosions happened. they are still looking for witnesses and pictures of the events. >>> thank you for watching us here. we're always here for you at ktvu.com and mobile ktvu.com.

nicole petallides is at the floor of the new york stock exchange. nicole: let's take a look at the dow jones industrials. the dow gaining three quarters of 1%. the tech heavy nasdaq, the best of the three. certainly a great day on wall street. wanted to take a look, as the dow hit record intraday highs. the highest level ever. not only gaining, but hitting some new 52 week highs. if you own either of these names, you are probably pretty happy today. procter & gamble, johnson & johnson, coca-cola, just to name a few. connell: 78 cities adding jobs in the fourth quarter. according to a report from brookings, only 14 of the nations have what they did for the recession. let's bring in former senator out of north dakota. another state, by the way that is doing pretty good in the hiring department. what do you make of this? >> i have not all that surprised. states have different kind of economic circumstances. some are able to recover more quickly. some less quickly. with the great depression, it took a decade and a world war to really pull us out fully.

nicole petallides at the new york stock exchange. coffee. >> reporter: i'm holding a bag of coffee. and so what we're talking about, and we're talking a lot of the. this allows it to, the way, the fact that starbucks in order to stay competitive, listen, track and they drop their prices back in february. so in order to remain competitive in grocery stores 899 for 999. stay competitive, obviously. try and keep those shoppers coming. recently we talked about the take up being great business for all the coffee companies. the meantime in the store for that matter. any starbucks store. he noted the price of your regular coffee it will stay the same. a year talking buying coffee. liz: of this double cup half staff -- extra la date. >> reporter: not that one. liz: you have the worst nickname. obnoxious, and i cannot remember it. >> the wall street erased a. this year that? liz: she year it? >> reporter: stock fox, that was in bad. perris to, that will be later. it. liz: the money extra money. >> reporter: money extra money. he has a big sto

new all time high. what is driving the rally? which sectors are being left behind and what is next for stocks? >> building a foundation. a home builder makes the debut on the new york stock exchange, so we have asked the ceo right now, and is the housing recovery as strong a some thing. and made in america, you will not believe what a new company is manufacturing now in detroit. >> all that and more coming up right here on "nightly business report" for wednesday april 10th. good evening everywhere, the stock market took off from the opening bell and it does not stop until the close. it's a rally that does not want to quit. it is hardly getting old for most investors. stocks sprinted to more records today. in a broad rally that pushed the dow and the s&p 500 to fresh all-time closing highs. the nasdaq for its part closed at its highest level in years. and traders were cheering, because of better than expected import data from china. the blue chip dow index surged 129 points closing at a record 14,802 with 14,000 dow in sight now. and the s&p was up 15 points, nearly 2%, fueled by sizeable gains in big tech companies and the s&p 500 index up 19 points. >> another factor fuelling th

. >> trading is underway on wall street and we will go to the new york stock exchange with jane king.t a daring jewelry heist at an east bay mall and what police are looking for after they target a macy's store wh >> officials are wrapping up a news conference with the latest on the deadly fertilizer explosion in the town of west, texas, 80 miles south of dallas. three firefighters are among the 5- to 15-per -- people believed dead with more trapped in rubbles and fires are still smoldering. there is now a problem with loters in the blast area. >> "good morning america" will be live from west, texas, with the latest. josh has a look at what is coming up at 7:00. >> good thursday morning with were more on the breaking news from texas. a massive explosion at a giant fertilizer plant outside of waco has injured hundreds. a frantic search continues for firefighters caught in the inferno. we are live from the seen with all the breaking details. that is next, right here on "good morning america" ahead. >> that is in 14 minutes. concord police are searching for three robbers who committed a

doreen mogavero is on the floor of the new york stock exchange. e if you listened to the conversation with charlie gasparino and breakdown in gold and perhaps the stock selloff is perhaps a vote of no confidence on the federal reserve and monetary policy? your thoughts? >> i'm not sure that is exactly what is happening here. i'm hearing a lot of things in the gold market things like margin calls and stops and forcing the price down more than if it were just people selling it because they didn't like it. it is more of a forced selling situation it is than people turning their opinions. but i do think that the stock market although this morn it held up pretty well seems to be selling off more and more in the afternoon. i'm not convinced that this is not a buying opportunity. the market, the american stock market is the only place to you put your money still regardless what is going on in gold. a lot of traders i'm talking to are looking at this as a buying opportunity. lori: that's interesting. you're confident and bullish, doreen. where do we end up

she will be joining us from the new york stock exchange in the next few minutes. and here we go again. look at this market today. dow 15,000 is not all that far away. all this on a day when the fed blunders with an accidental release of information that we'll be talking about. and that information hints that it may be taking its foot off the pedal sooner rather than later. so there's a lot to chew on today, as stocks continue their melt up. very special and exclusive market guests to sort it all out for us today. the great mario gabelli is with us. top economist and noted bear, david rosenberg, who, by the way, may be having a change of heart on this market. and he'll explain why. the great billionaire, sam zell, the real estate whiz is also with us. in fact, sam will be maria's special co-host at 4:00 p.m. eastern. so stay tuned next hour for that. also with us, exclusively, imf head, christine lagarde. she's watching what's happening in our stock market and with our fed very closely. she's also issuing a huge warning about the banking sector, that you'll want to

nicole is at the new york stock exchange with some news on pfizer, nicole. >> that's right. ook at a real winner for some reasons. stock hitting a new annual high and a breakthrough in cancer which really is the real story, right? stock is up 2 1/2% right now. u.s. regulators granted a break-through therapy experimentation to this drug. it's a treatment for breast cancer, oral medicine, moving into a larger phase three study. it's had impressive results so to get the regulators on board here and obviously adds to the growing portfolio pertaining to cancer so we're seeing shares jumping on this good news as the f.d.a. does grant the designation status of the trials that have been so great for pfizer and breakthrough in breast cancer so treatments are a big deal. cheryl: thank you very much. we're looking at some big numbers right now for the markets. let's bring in drew, chairman and c.e.o. and i'm looking at a fresh high on the dow. 14,807. s&p 500, same thing. fresh intra day high for the s&p 500. i mean, these markets seem to just not want to stop. how are you telling your

time for stocks, down to the new york stock exchange, ben willis standing by. on the market? where else can you be but stocks now? no viable alternatives. the sky's the limit and beyond; right? >> couldn't agree more; however, there's a caveat. i've been wrong on the market. if i look for a pull back, it's not happened. a few 1% pull backs intra-day, spotty, here and there, but the money flows that continue to come into the market, not talking about some great rotation out of bonds, there has been a slow down into bonds in the pickup in equities. you'll notice there's a great draw down in commodity funds so you see that's one side of the equation where you see the ability for stocks to continue to rise k but i still believe that the market is going to go higher. i just am hopeful for the overall health of the market that it will pull back at some point, more than 1%. ashley: exactly. get breathing room. ben will sis, thank you so much. we appreciate your expertise on the markets, and, you know, where else can you put your money? anything but cash. you know, get

's head to the floor of the new york stock exchange with nicole petallides. ooking at home depot. what is the news, nicole? >> consumer stock and dow component. you can see home depot up 2%, hitting yet another all-time high this year. jeffries came out with analyst call to raise the company to a buy from a hold. they don't seem particularly worried about the cold weather we've been seeing. they have a bullish view for sales near term and intermediate term. we're talking about the spring selling season. this is big-time from retailers home depot and lowe's. a new all-time high for home depot. back to you. lori: thank you, ma'am. melissa: let's get back to lauren simonetti at the courthouse this morning. lauren? >> the state supreme court behind me a judge ruling that jcpenney can sell some of these items designed by martha stewart for jcpenney under the jcp everyday label. you would imagine that j.c. penney's stock would surge on news like this but it is much the opposite. this win for jcpenney not showing much of a reaction in the positive on wall street. one

nicole petallides is on the floor of a new york stock exchange. less talk about the garment. ht. you see as a shareholder they're turning in on. the stock jumping, up today over 5%. great news for garmin, and that is because now they are announcing that diameter has selected garmin as the global navigation provider. mercedes-benz making their new cars, that of -- navigation will be katie. the point is, this was over $125. today you can take it. liz: a little bit more than that. thank you for that news. so the atlanta federal reserve president says that the time to turn back has not necessarily arrived just yet, but it is coming. we have a tough guy making bond bets every single day. scott mather and a fox business exclusive. right away, what does he think about what devon said it. the faster scaling back of quantitative easing sooner than later? >> good afternoon. we all think so. very much in keeping with our thoughts about what bernanke in the inner circle of the fed, their view on what they want to achieve with monetary policy. that is our base case expectation, quantitativ

we still have jason weisberg at the new york stock exchange? abcaeight. i was curious. i am sure the new york stock exchange in its only tomorrow, that traders there will have a right security. i do understand that we no longer have jason. some four most likely pay tribute to the people of boston is they're still going through this horrible minors. liz: and speaking of boston, if you don't know, he is a billionaire boston businessman. he represents that city, boston properties is a huge real-estate conglomerate, but also he is a journalist and editor in chief of u.s. news and world report. this is a man who says i and doubling down on boston. boston is in the name of our company. we will increase security and our boston offices. he said he would of course wave the boston flag even more dramatically. >> people who are bostonian some of the merrier, originally from boston, but going to our affiliate, channel 25 in boston the latest. >> typically you tend to get the people who are closer to the impact. you can get people who are fairly far away as well who will have either

stocks now, lauren is live from the floor of the new york stock exchange with a look at j.c. rare upday lately for j.c. penney. the stock is up two plus percent right now. the news is that much earlier than analysts had expected, j.c.p. is drawing about $850 billion from a $1.85 billion credit line. it needs to restock shvl shelves and replenish the inventory, not to mention launching the home stores. j.c. penney needs the money to do that. they're also bulking up their homes division at a time when the housing specter is doing better. they're trying to bulk that up again. perhaps to the old 20% where it was. and as you can see, in many ways with the new c.e.o. of j.c. penney, it's trying to get back to the way j.c. penney used to be but that system didn't work, either. so this is still a very confusing story for j.c. penney and shoppers and investors. back to you. cheryl: depressing for shareholders might be a better term. thank you very much. dennis: supreme court taking up a factoring case with wild implication for bio tech. can human genes be patented? we're live outside

new york city. and that was the citigroup building in manhattan, the presume building, the new york stock exchange, and today there was a moment of silence before the exchange started, and we got a moment to walk around the fortress to ask new yorkers feel safe? >> the nypd knows exactly what it's doing. we haven't had an attack here since 9/11. >> as new yorkers we're accustomed 0 these things. we have to go about our business and not let these keen of people affect our daily lives and just hope for the best. it's not much we can do. reporter: shortly after the attacks, of course, at the boston marathon in boston, the mayor of new york city coming out and saying the city is on high alert. there was an update this update from the mayor, that new york will continue to be on alert. whether it's the stock exchange or world trade center, all of these sites will be under height heightened security until further notice. >> neil: thank you very much. 'm a lot of times, people say, who cares about market, cavuto. we don't care. i use that as a barometer for how folks are feeling or, and the fact they stabi