as former late -- not late, but former great chairman of the new york stock exchange will point out, stock exchange is a public trust. so the bottom line is that floor generally as many times as i've been down b there is open as long as you're not being intrusive -- liz: they moved our producer away. >> our producer -- liz: specifically away. >> the least intrusive person. could you imagine if i was down there? [laughter] could you imagine trying to remove me? i will say this, the stock exchange is denying this. i don't believe them. the producer in question, i spoke with her, she basically said, listen, i was told to move, you know? from what she understood -- liz: they escorted her. and i don't know, but i'm going to guess twitter asked whoever to do it. >> it sounds that way. liz: they didn't like your reporting, charlie. >> probably. liz: and this from a very organization whose entire business is to disseminate information. >> that's why yesterday we were engaging in hyperbole to make a broader point, and now the story is interesting here. this is about managing the news, this is

new york stock exchange. alexis christoforous of cbsmoneywatch.com is there this morning. good morning. >> reporter: good morning, michelle and frank. wall street is all atwitter this morning! the microblogging site going public here at the new york stock exchange this morning. it's the most anticipated ipo since facebook last year which flopped and its debut over at the nasdaq because it was marred with technical problems. twitter is hoping for better. it begins trading at $26 a share valuing the money losing 7-year-old company at $18 billion and that values the 238 million customers at $78 each. a higher open following yesterday's record run. up 128. nasdaq down 8. another video rental store bites the dust. blockbuster is closing its doors a victim of the digital age. it will shut down its remaining 300 stores early next year. ities dvd by mail business will close next month but its on-

and also the new york stock exchange, i should mention as well. new york stock exchange actually gets this right and everything goes smoothly, guess what? you're going to see more tech companies picking the new york stock exchange over the nasdaq, and that is a huge deal. the stock ex-change has had a dry run, dress rehearsal, everything in their power to make sure that their systems can handle a huge number of orders if that is the case. a lot of people have earn willed from what happened with facebook's ipo last year. we saw those technical glitch, those delayed orders. we saw people not knowing if their buy or sell orders had gone through. twitter looked that the and said hey, you know what? that's not going to happen to us. last week, carol, i will say this. my advice for investors is sometimes it is better just to take a step back and wait. you know, we learned from facebook's lesson. it took the stock a year to get back to its ipo level. sometimes it's hard enough to invest in a stock that has a long history of trading let alone a brand-new

i'm bill griffeth at the new york stock exchange. atlanta fed president dennis lockhart said it's possible, it's on the table, that they could begin the tapering process as early as december meeting. that's earlier than the market anticipated but we'll talk about that in a little bit coming up here. >> i wonder if that puts on question their decision not to taper in september. we haven't had that much great that date. we're talking about one month. lots to talk about in terms of the fed and what the implications would be there. we also have a very special first on cnbc interview coming up. chairman and ceo of enter continental exchange, better known as i.c.e., jeff sprecher. he made comments about the markets being stacked against the small investor. we'll talk about that as well as the closing of the nyc deal. what happened to the floor? let's to talk about coming up. >> on the floor here at the new york stock exchange. also, a fascinating investigation on ceos. this is an academic paper but it turns out, according to their research

wall street's development. 1792 marks the formal beginnings of what would later become the new york stock exchange. in 1792, 24 men stood beneath a tree in lower manhattan and they signed an agreement that established a new market for a more orderly system of selling and buying securities. later, the invention of the telegraph in 1844, the rise of industrialization, and civil war spending lavished riches on wall street. and gave way to the gilded age. the term wall street had thousand become symbolic of the nation's securities market. by 1918, world war 1 had catapulted wall street into the epicenter of global finance. in the 20th century then witnessed great market runs and bubbles. both financial, innovation and regulation took hold. investor base expanded as did the array of new products. wall street does not connote just an address in lower manhattan, but the vast world enter connected through technology and geographic bounds no longer matter. so where were the women? they were not beneath the buttonwood tree. most people here tend to think that muriel seibert was the first to take up the path

nasdaq screwed up, so we go to the new york stock exchange. with the government, that's a one-stop shop, and it's a shock and that's what happens because if that screws up, there really is no alternatives. >> well, a few things with all due respect. launching something like obama care is about a trillion times more complicated than an ipo, even of a very, very popular website. >> absolutely. how about the practice part of it, though? >> well, that was a disastrous mistake. and i think that the point of points, probably the best point i have ever heard on this show, and i've been doing it for a while, is charles' point about the sycophantic white house where people tell mr. obama what he wants to hear. he sees no evil, hears no evil, doesn't know of any evil. but when something happens, it's never his fault, and nobody ever gets fired. that is a real serious problem. accountability is everything in government. everything. >> but no one is losing their job. >> no. it's not happening. >> so what does that mean? >> like one dude has resigned. and

>> the new york stock exchange is going to live twitter and that's because 30,000 users have twitter accounts and however the company has yet to turn a profit profit. >> as twitter users follow influential people around the world celebrities and their own friends, investors will be banging on the wide -- banking on the widespread popularity. twitter will be on the new york stock exchange this morning and 70 million shares are priced which is is above the targeted range and both are potentially happy. they depend on twitter growth and advertising as the company uses more ads to a piece its -- apiece its shareholders. >> san francisco rising is a housing advocacy group that is upset about twitter and other tech companies and the influx of millionaires coming to the bay area because of these ipos which have a strain on the city's already housing crisis and affordability issue. we have not seen any of those protests and according to their facebook page, that is when the official offering happens. >> there are concerns that twitter's a rifle could -- arrival could cause technical glitches

the fact they are opening up on the new york stock exchange, it's not nasdaq. last year facebook, if you recall did not go quite smoothly. there were glitches that delayed trading resulting in a multi-million-dollar exchange for nasdaq. it's likely that twitter will not trade right away. not because -- it's just getting ings up and running since it's their first day on the exchange. the protesters are going to be from a variety of groups upset with the tax break that twitter received. they argue it's cost the city tens of millions and believe that by luring startups and other has head to a rise in rent and eviction. they have a hash tag thrown out by twitter. >> bob, going to be a big one. coming up our business and tech reporter mr. scott mcgrew will be along with all of the details on twitter's debut. you can get more information on our website, nbcbayarea.com. search twitter ipo. >> it's 5:05. one of the most anticipated games in college football heading to palo alto. number 6 ranked stanford hosting mum ber 2 ranked oregon. plenty of traffic to go with it. c

dagen: we continue to watch twitter of its first-ever trading at the new york stock exchange up-to-the-minute developments as the stock keeps moving. connell: we have things to talk about. our friend from the law street journal is here with the latest of the fallout of obamacare that actually played out last night on the cma. so i can reach ally ba 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying newhings? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your mey needs an ally. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tideod pop in. stand out. dagen: and twitters starts trading today will acquire the shares are at $45 issue was priced at $26 a share closed at $50 a share at one time but right now is back at where it opens. chart long dash charlie gasparino

here at the new york stock exchange. >> it's true. we are looking at gains for the market as we approach the close here. another record high. bill, i know -- i'm not going to keep crying all day. >> we'll get through this. >> a week from black friday, a double dose of retail reality today with two big retail ceos. apparel companying ipo today, up better than 40%. the ceo jill granoff is here with us. >> they left money on the table. >> i tell you. and brendan hoffman will be with us, operating 260 department stores. looking forward to both of these interviews. >> when is it time to cry uncle? bill ackman is down $500 million on his herbalife short position. he's not down yet. we'll ask a top investor when you need to say enough is enough and admit you were wrong. >>> in the markets, let's take a look at wherer with we stand. the dow jones industrial average up 0.25%. we have been trending higher. sitting around the highs of the day. nasdaq composite showing gains. technology doing well with the nasdaq up 20 points. at 3990. the s&p 50

i'm going to go nyse now. >> if we did not have this deal coming on the new york stock exchange, if theyd we're going to take a chances on nasdaq, i think the stock exchange would have been relegated to different kinds of deals. but because they did it now, all the tech heads on the west coast are saying we can do it in a much better way. >> and i want to say thank you for the compliment to cnbc, but i must say that mandy and i have done absolutely nothing. we've been sitting in the studio all day. i've been critical of twitter. we appreciate it nonetheless, david. >> that's okay. >> you mentioned morgan. mandy talked about the exchanges. how much of a blame for facebook and the success of twitter goes to wall street, the banks -- >> good point. >> -- or the exchanges? >> i think you have to look at the legwork that was done prior to the actual offering of facebook. and i think there were a lot of serious missteps that the markets said uh-oh, we're not prepared for this. with the goldman offering on twitter, everything was choreographed to the point where they could actually rewrite ever

it's good news for the overall market psychology, not just the new york stock exchange. >> good for overall investor psychology. niederauer got his wish that this ipo, really one of the most anticipated ever, did, in fact, go off without a hitch. >> remember, markets at new high. and yet much of the public is not engaged with the market. let's hope, at least, this gets people thinking about whether they want to be more engaged. >> bob, thanks. a lot of you are thinking about what to do with the stock. the business model, the valuation, is it a buy at this level? we have the traders at post 9 with us for the entire hour, along with special guests. josh brown, what should the retail investor do at this moment with this stock? >> well, scott, it's a tough question to answer generally. everyone's got their own risk tolerance and objectives. if you are an investor in this company and you believe in it, the right move is to own some of it. that's the move i made today personally. i bought it just after it opened with a limited order, no problem, got a confirmation immediately. but i did not buy a

you missed the crowd surfing at new york stock exchange and that hysteria over there they tried to make it look like it wasn't -@hysteria. but it was. stock of twitter jumping some 86%, closing lower, go with it on their refusal to talk to fox business. tell us about the action you saw in the price action. >> you know today everything was about twitter in the way that the market was completely focused on it. it did real well on its ipo i would be a little bit hesitant of it. we don't know how they will monetize the product. if they figure out a way would i buy it. meantime i'm going to wait it out. there is a lot to look at here. we have employment tomorrow. that is what i want to focus on going forward. adam: i want to shift gears from twitter because they will be yesterday's news. talk about where we are going forward. we have the unemployment report coming out tomorrow. joe, i want to ask you real quick, the last hour, acceleration of the selloff on the dow was there anything tied do you think to the federal reserve credit numbers? we saw revolving credit, use of that going down. not

the new york stock exchange desk the fox business network saying don't talk to those been fox people airlines. struve -- screw the new york stock exchange. they're going to the nasdaq. media manipulators. it. liz: stand by. we have tape just coming in from the white house. president obama has, indeed, just come out of a meeting with the insurance agency companies. here is what we are sharing. >> all share a similar problem. americans have good, solid covers that gives them the security that they need for themselves and their family members. even when they get sick. the man is out there for that. we have despite all the problems with the website. blocked from seeing. you know, benefits that are available in the marketplace. brainstorming on how we make sure. the competition, whole lot of americans you're always see health insurance out of reach will be in a position to purchase it. we will deal to provide them help if there still having shovel purchasing an insurance, but they have to know. appreciate all these folks coming in. you will be soliciting ideas we want to make sure that we

news. >> twitter stock is off and running at the sound of the new york stock exchange opening bell this morning. so far it is giving the san francisco-based company and the fans a lot to tweet about. >> good morning. twitter stock soared 92 percent before it opened for trading today from the initial price set yesterday. shares of the social media company opened at $45.10 and only $26 yesterday. they are celebrated and demonstrators are complaining. we are joined in san francisco with the latest. amy? >> there was one protest here this morning in front of twitter headquarters on market street and another set for noon today. the people are upset saying that the city is giving them a tax break that is costing the city millions and the founder and the employees here are making millions. >> twitter opening trade this morning came in 73 percent higher than the i.p.o. price. that was impressing the financial analysts. >> we can say that twitter's first morning as a publicly traded company exceeded all expectations. it is trading right now at above 70's percent of the i.p.o. value which is better than

alexis christoforous is at the new york stock exchange with that and more. good morning, alexis. >> good morning, anne-marie. twitter made a debut. the twitter ipo closed its first day of trading right here on the new york stock exchange at $44.90 a share, nearly double the initial offering price of $26 a share, but most analysts don't expect twitter to become profitable until 2015 and still must prove to investors that it's worth the money. >> i think you have to look at any new company as a risk and any new tech company as probably a double risk. >> unlike facebook, the twitter ipo has appeared to have gone offer without a hitch. following yesterday's trading twitter's market value rose to $31 billion. although twitter's stock did well, the stock market pulled back from its record high. the dow jones industrial average dropped 152 points and the nasdaq fell 74. asian markets were lower ahead of an economic meeting by china's leaders this weekend. tokyo's nikkei fell 1%, a one-month low, and hong kong's hang seng dropped half a percent. >>> the internal reve

>> i have been following the news on twitter, on twitter where reports from the new york stock exchange show orders are coming in for twitter stock. the new york stock exchange is promising a smooth opening. it has tested the systems two weeks ago to prepare for twitter 's i.p.o. they say this will not happen here. experts think inresters will be happy with twitter today. >> twitter is conservative as they could be as they work through the process. they have not actually tried to encourage individual investors to participate in the same way. that is the good news and the bad news. without individuals twitter would not be anything. they built the case. but that is how you get a frenzy in the stock market that does not always work out well. >> not everyone is happy about the big day and some will protest in front of twit other headquarters on market extreme complaining the money is driving up the cost of runt. they do not like the we tax breaks the company received or the money the city spent on a new but route and the miss presence -- police presence. the cofounder will make $1 billion w

live at the new york stock exchange, with more on twitter, who just began trading a few moments ago, and heidi, you can go over 140 characters, but why are investors excited when 2013 has yet to turn a profit? >> just minutes after trade open, the twitter shares are more than $46 a share, and that's significantly more than the initial offering at $26 a share. but twitter, there are a lot of questions of how it's going to be making money now that it's public. but they know that there's a lot of potential as well. and that's what is driving this. >> heidi, a lot of people comparing this to the ipo of facebook, but what you're saying, twitter is heading in the opposite direction of facebook. >> early things are going well, so it could be volatile. but the major difference of what happened at facebook, and twitter, twitter traded on the nasdaq, which is more volatile than the new york stock exchange. s this a person specifically watching for things that might turn south. and he will jump in and smooth things out if trading starts to go south. the other thing here is that they tried to le

families. >> reporter: a flurry of trading followed tatter's initial public offering on the new york stock exchange. priced at $26 a share, many investors flocked at the opportunity to buy. from san francisco's market street to wall street, all eyes or twitter today. the new york stock exchange even live streamed the ipo in honor of the social media giant. but others are being more cautious. >> i'm going to wait until i see how the market reacts. i think there's a lot of hype sometimes. >> reporter: twitter boasts some 230 million users which means major advertising potential. but in its seven years has not produced a profit. it's also upsetting housing advocates. >> have you heard? >> reporter: housing advocacy groups san francisco rising is concerned about the fortunes resulting from the ipo as tech millionaires buy up real estate formally owned by the working class. >> if i were a family trying to buy a house in san francisco, i would be very worried right now. >> reporter: this neighborhood has already experienced twitter induced change and some say it's possible. >> it was a hit for maybe five

jane king has the latest story from the new york stock exchange. >> good morning. th the excitement we on twitter. at the new york stock exchange there is a possibility it could open higherren that the $26 a share priced last night twicing between $29 and $40 a share in europe. futures overall are pointing higher in europe and they have cut interest rates this, so that is giving or lifting the mood on wall street today. yesterday the dow closed at a record high of the number poor people, three million higher than the official government number. that makes it one in six according to the census. the government may not make the number official adopting a higher poverty rate means they have to pay more for aid programs. the cost of living is going up. bay area rents here closed to a immediate at $2,025 for a two bedroom, the highest in the nation. abercromie and fitch will offer clothes in larger sizes after they suggested they are not for those who are overweight. >> wendys is looking beyond the new pretzel bun with a spicy burger on a cheddar bun. they are going to ge

[moment of silence] connell: so i moment of at the new york stock exchange. ♪ ♪ ♪ [drums] ["taps" playingence] connell: the traditional wreath laying ceremony on this veterans day 2013. before that was only moment of silence at the new york stock exchange in new york city. dagen: to our veterans we say thank you but words can never be enough. but we want to move on to the news of the day, and days passed and days ahead. we talk about the troubled healthcare.gov website warning users over the weekend and today of delays being able to submit applications. connell: we will talk about that with rich edson. rich: well, dagen and connell, this is the weeks of the administration releasing how many people have been able to enroll in health care through healthcare.gov. there were investigators using administrative documents saying only six people enrolled in the first day, a few hundred people in the first two or three days. the administration says those numbers are not reliable and refused to give numbers of their own and says this week's they will do so. when it comes to setting up healthcare.go

let's check the market, w where joined at the new york stock exchange, lauren is looking at one stock hitting an all-time high today. lauren: take a look at the today chart, you can see it is up% toy, a-timhigh pusng $10 pe sare. goldn sas add priline and ve tm $10 pre targ. eest cht ishe fe-ye char

news on the economy both here and abroad impacting our stock market? it is a down day. let's head back to the floor of the new york stock exchangemping up its original programming lineup. >> reporter: right, netflix and disney today. netflix the latest, and you know they continue to build their original programming, so netflix is ramping up the programming with a miniseries from disney's marvel, right? and then also in addition to that we have their original programming, four new television series. so that's in addition to the other successful series such as "house of cards" and "orange is the new black" which has helped to build the customer base. you see both of the stocks are down today at the moment, though both year to date are real winners, especially netflix. disney's up 36% this year. and, of course, in the 4 p.m. show, do keep an eye, we have earnings alert for you. disney will be there, also groupon and priceline. so we'll be following all three of these companies and their quarterly reports and bring them right to you. back to you. lori: okay, nicole, thank you so much. adam: so even country music is poking fun at oba

all eyes will be on the new york stock exchange but is concentrating on thursday. exchange took the job rather than the nasdaq which deals with being the traditional market for technology and internet stocks stumbled with it the solstice facebook don'ts it is setting seventy million shares to raise one point eight two billion dollars. even with two hundred percent in the guineas is the short messaging service has yet to make a profit. but that's not to tearing infested to pass the board is the best price will so as soon as taking stops. and mm. the yup it's called a second wind that all final secure about his place on top of the vikings to the end of the air. rafael nadal made sure he will end the year as well although one of the three kings from south africa in a very closely for second group match of the local finalists in london the spiny and only needed two wins at the season ending event that the ode to a rate of. the he kicked off his bid for a foot tall finals title with victory over fellow spy new coverage for air and on wednesday squeeze past the talented

twitter fans who use the social media site for community service rang the opening bell at the new york stock exchange home of the ipo. twitter opened mid-morning after pricing at $26 dollars and picked up enough followers to push the stock 72% higher to close at $44.90. twitter now has a market cap of $25 billion dollars. the company's ceo tells cnbc the plan is to pour money back into the site to improve advertising. the stock's soaring debut reportedly also created a number of new billionaires and millionaires who work at twitter. in our cover story, payroll company a-d-p reports that employment growth slowed in october in most large states, except california.but there are indicators that hiring for jobs that pay more than 21-dollars- an-hour could be poised to pick up. a-d-p reports that the u-s economy added 130-thousand private sector jobs in october. in september, the number was 166-thousand.the labor department's numbers come out this morning. judith lansky, a career counselor says don't be discouraged. "it's getting better. it's far better than it was at the bottom of the recession." despite

we bring in that traders at the new york stock exchange, cme kaj and nymex. i hope you were just listening. it was interesting to hear that no one really knows what to do, even the chairman out there, alan greenspan. i guess we know a lot of people that criticized him for having not done more to tighten rates before the housing market imploded, but stocks continue on this great prize. can we have a strong economy and stocks of the same time? >> i think that is wishful thinking. you're right. people do not understand this market. this is uncharted territory. is directly we have not seen the market in our economy reacts a way that they are as we are getting now. as we are into this week, obviously a holiday week, light volume, maybe a little bit of volatility. a couple of read balances which should give us more volume toward the end of the day. and then tomorrow i think we will release scale down as far as volume is concerned. next week we start getting into the new month, last month of the year. a lot of economic data, the unemployment number to the week. i th

adam: going back to the new york stock exchange.'re taking a look at some tech movers, is that right? >> that's right. do you tweet or are on facebook? we'll check out how the stocks are faring. twitter off the high last week, ipo day when it moved above 50 bucks. now at 40.78. it was off the lows, at $39 and change. that is great news. twitter has about one-fifth of what we see from facebook as far as users and the like but let's see how facebook is faring now. facebook has been a great performer this year, up 75% this year, though today down 1.6%. one of the directors sold off some shares but holds 4.2 million shares. this is someone who invests a lot in tech. both of these we're watching very closely. as i noted twitter, if you were in the ipo at 26, you're doing great today. if you bought it at 49, you're bummed to see it at $41. adam: there is one person or people that bought it at $50.09. nicole petallides, thank you very much. lori: be patient everybody, don't forget the facebook story, right? adam: the facebook went really d

. >>> after the hype, quitter made the debut on the new york stock exchange and a strong one. shares rose 73% in the first day of trading, exceeding the expectations of many. we look at what turned out to be an eventful day. >> reporter: how much is 140 characters worth? the answer is billions. twitter, the upstart social networking site that lets users exchange brief messages, photos and videos went public and became one of the world's most valuable companies. the shares were priced at $26 a piece but jumped to $50 within the first few moments of trade at the new york stock exchange. they settled below that level, it leaves twitter valued in the rage of $30 billion. bigger than the companies listed. >> we've had consistent tremendous growth ross the world, frankly, for the last several years, over 230 million monthly active users. we have a tremendous set of thoughts and strategies to increase the slope of the growth curve. i would consider some of them tactics, some of them broad strategies in service to doing what i refer to as bridging the gap between the massive awareness

the difference between the flux at the nasdaq as i said yesterday with the new york stock exchange, newits transformational deal. it's set. i.c.e. is owning it, his team is in place. there are other people in place. nasdaq still is in flux. we don't know about the future of nasdaq. when you lose top guys, when you go into that kind of unknown future, it is something that should weigh on the stock a little bit. adam: charlie gasparino, thank you very much. time to go back to the floor of the new york stock exchange. mark newton of grey wolf execution partners is in this and joins us. mark, quick question for you, i was reading a report that a lot of bank stocks are going to have to deal, jpmorgan chase, wells fargo, with equity lines of credit going a bad to a greater degree next year expect year after that. of are we seeing any of this reflected in bank stocks just yet? >> well, surprisingly, i mean, bank stocks have been some of the best performers for the month of september, and we've seen a rally just in the last month for financials, really the third best so far, and they have, of c

we're drawing closer to the open of the new york stock exchange. the first trades of twitter, another interesting day in business and tech. we could not see the first trades right at the opening bell. it does take a bit of time. barracuda network out of campbell made its debut yesterday. here are some executives at the opening bell. their shares didn't start trading for about 20 minutes. the first trade came at 6:53 our time. the reason for that it takes some time for everybody to agree on a price. you heard $26 a share but remember, that's the price that insiders paid. the money that twitter got. that is the ipo, that is over. now we want to know the price we would pay on the open market. and frankly, that is an ugly process. >> they refer to that as book building. they build a book of people who want to sell and buy and at what price. they try to find that balance. of course people who are giving them the indications can be cagey about what they say and then they can change their minds. i'll buy if he's buying and so it gets complicated in a hurr

twitter goes public here at the new york stock exchange this morning along with more than a dozen other public stock offering is one of wall street's most anticipated events of the year. the popular microblogging site has been priced at $26 a

twitter launched this morning on the new york stock exchange. that is the bay area's vivian there ringing the opening bell. you probably know her as the lemonade stand girl, and, yeah, that is actually patrick stewart standing to the screen right there. twitter asked four people who used twitter in interesting ways to be their representatives on the podium this morning. now, twitter started trading about 50 minutes after that opening bell and the stock took off from $26 a share. last night's ipo did just under $47 share right now. what's remarkable is how very un-facebook it was. here's twitter and facebook. twitter on the nyse. facebook on the nasdaq. twitter, four people. facebook, the entire company. there were helicopters flying overhead at facebook. to be fair, facebook could not have known at the time that the day was going to work out the way it did. computer glitches, the stock largely unmoved. twitter making a statement with its very small little ceremony there. the ceo was on the floor of the new york stock exchange this morning. he is

did you pick the new york stock exchange because you were worried about the facebook deal went with nasdaqpicked the new york stock exchange because they've been working with them closely, they've been a great partner of ours. we like the way they think about the future of the twitter platform, we like the way they use the twitter platform. that was i would say the central to our thesis in using them. >> how much is the platform going to change over the next five years? because i asked that because so many people i think who are believers here are just simply believers in the power of your platform but don't necessarily understand what it's going to look like in three to five years. >> i think that we talked about this briefly earlier. it's already the case that so many people understand that it's this indispensable companion to the live experience. whatever that live experience is, whether it's a football game, an nfl game i'm watching n now and i get the nfl replay of the bengals sacking the quarterback the end zone four seconds ago or what's happening right now on the floor. for us it's

tracy: addison i want to get to the new york stock exchange. be standing by. e week. i am hoping that people don't sell there profits for the week. i hope we see a little more indication that with these long-term investors now playing in the market almonds, i think that if we close on top oppose welfare next week. a think bill of the anticipation of night -- black friday. hopefully we can carry we tell numbers that we saw or have seen last week into the holiday season new. we will and the airline of. tracy: that you. and do. ashley: let's try this again. the holiday shopping season ticking off next weee, the country's biggest carmakers have descended on chicago to show off their latest creations. jeff flock is at chicago's navy pier. no one better and not the orient unwilling. tracy: no wonder was not working. >> reporter: g. moi this is something. i find it very hard to control this thing.@ it's called the razor. tracy: the new razor crazy car, the ultimate drifting machine. kids can spend and draft like a pro at home. you can ride it in regular go car about f

and live from the new york stock exchange, in the heart of the financial capital of the world, i'm melissa lee these are the traders here at post nine for a very special edition of options action. welcome, everybody. let's gets to it. everyone is focused on the the triple digit gains. there is one stock we're watching. facebook. shares of the social giant having a tough week. this despite the very successful twitter ipo. so is one of america's favorite tech stocks about to be in big trouble? let's get in the money and find out. dan, just looking at the charts, it's looking like another favorite stock, that has gone south. >> no doubt about it. listen, all week long we were talking about the atm trade for twitter, a lot of us dismissed that. twitter is a smaller company now. facebook has 100 billion plus market cap. so to me, i don't think it had anything really to do with twitter. if anything, twitter valuation makes facebook look more interesting on evaluation basis, that's it. here's the problem. the momentum. it just kind of came to a halt. the way the nasdaq closed up 1.4% on facebook

the nasdaq of the new york stock exchange because what he really wants out of the new york stock exchangesiness or the derivatives in europe and elsewhere. that is big stuff, the stuff that he could add to the ice platform and merge it and make a lot of money from it. the cash equities to make money, not as big of a moneymaker, but we have another story here is well before we run out of time. you know, you have never seen janet yellen like this like we are going to see right now. liz: what high-school was that? >> for hamilton high-school. we can see that a little better. and telling you, she was in some crazy clubs. did you read that, blankets shipped something or other? liz: great white father. >> the psychology club a matter of the newspaper, something about the blankenship. >> she was in the minutemen. maybe she was a gun that, too. great white father. liz: those -- this is a high-school yearbook. >> reporter: this is the person who will be the most powerful financial person in the world, this is where she was into an high-school. great white father, whistling dixie. blankenship and l

investment but there's also on the high end we're seeing record amounts of margin debt on the new york stock exchange and this is a chart from bloomberg and it's the margin debt for a new york stock exchange member firms and you see the three peaks there this is an image that tells a thousand words two thousand two thousand and seven and today as you see record margin debt when you buy a car america you are it's just like money printing in america you increase america's debt load when you're buying stocks in america increase america's debt load when ben bernanke to keep interest rates at zero percent is helping to increase america's debt load and so such time as the debt bubble pops everyone who issued the debt the bankers included bernanke get a fee on the size of debt issued they don't make money based on profits and losses they make money based on the size of the debt they issue so in a car is a debt issue a quantitative easing is debt issue getting a job of donald's put yourself into debt that gives fees to the bankers it destroys the economy it destroys society it destroys everything but the fee

because that's where the news is being broken. >> it's interesting that twitter chose the new york stock exchange. is that because of facebook's problems on nasdaq? >> absolutely. i think the new york stock exchange did a lot of work to make sure everything went or smoothly. >> ok. we wait to see how that goes. thanks very much indeed for that, david myers speaking to us from washington, d.c. >> let's go back to lauren, who's in our london news center for moor news from europe now. >> as riot police stormed the former headquarters of greek state television, ending a five month sit-in over the closure of the broadcaster, that was taken off air in june, and more than 2,600 staff were fired to meet job cuts set by greeces foreign lenders. a new slimmed down channel called public t.v. was launched later. it was supposed to move into the old headquarters, but they refused to leave the building and continued putting you out unauthorized programming on line. tear gas was fired outside those headquarters to disperse people who were protesting over the predawn raid and there are more protests currently ta

i'm maria bartiromo on the floor of the new york stock exchange.e street today. the nasdaq really taking it on the chin. we have the dow, the s&p 500 and the nasdaq under selling pressure which makes the twitter story even that much better. first day of trading was so incredible. up 75% on the session. take a look at the market, though. dow down about 149 points here. things did accelerate into the sales side at the close tonight. down about