one of the reasons why sprecher boston new york stock exchange was not for the stock business, the thingith any for the new york stock exchange, the listings and the market-making. it has a derivatives and futures business he want to incorporate inside the bigger ice company has which is essentially electronic commodities futures. that is what he wants. quite clearly they are scaled by merger. we should talk about the revelatory hurdles before i let you ask a question. they are pretty big. they charge listing fees. there is a school of thought if you can list on only one exchange, the one listing because most of these other private exchanges, even the dark pools don't do a lot of distan distance. i would just say this, this is such a highly regulated industry, i don't have the feds would allow them to gouge people on listings. i just don't think they would have that combined entity would be able to charge four times as much as they are charging out. most companies wouldn't list. your real reason for listing a lot of it is promotional and you wouldn't list. would market-- microsoft list i

traders that were in the place, no longer giving them preferential access, you'll be the new york stock exchange exchanges totaling. then -- folding. all the businesses going on in the new york stock exchange, and we'd kind of go back to the way the market was structured ages ago. but without human beings in the middle of it. so without the investment orders passing through hands at all. just buyers and and sellers just meeting. so that is the natural solution. >> so i think you kind of just touched on this a little bit, you know, before i decided to come up here, i but my question was going to be iex. i mean, up until now how successful have they been in doing what they're trying to do, and i don't know if there's other exchanges -- how successful have they been so far? >> well, if you talk to investors whose orders are being directed on the exchange, extremely. that all of a sudden, you know, the problem, you know, as it hand fests itself to investors is that they think there's a market. they think this these 13 stock markets -- in these 13 stock markets say their 10,000 shares bid for microso

we've got nicole petallides at the new york stock exchange along with traders at the new york stock exchangee group and, of course, the nymex. and, first, i've got elliott warren standing by. let's talk about oil, what'd you make of the big drop today. >> you know what? we talked about it yesterday, how it came straight off, you know, after being up over 110 based on that iraq thing. i was saying yesterday how i thought $100 would be a psychological support level, and i hate to pat myself on the back because i'm never right, but on this one we held above $100. i actually think, i think we should be below $100, but i don't think we get there just yet. cheryl: elliot, take the credit. >> well, you know, i'm not doing it. [laughter] i just think we'll uptick a little bit and eventually we'll break below $100. cheryl: hey, i want to go to nicole at the new york stock exchange. obviously, we got wells fargo earnings this morning, and they beat on the revenue side, you know, the earnings per share were in line. what are you seeing with regards to the sector right now? >> reporter: right now you ha

nicole petallides at new york stock exchange.icole, first of all, when you have a 300 point loss, you're worried about thing getting panicky. do you sense panic or orderly selloff? >> it is very orderly selloff. the thing that is interesting, no one expected the dynamic that we're seeing today. you don't expect us to be one 300 point day. that is really big move, with month of july. you're off the unchanged line. we're hitting highs. this time where traders are really busy and actually liked it. liz: you and i talked about being careful not to overstate or bump up people's fears. the fear index is up 26% today. with perspective. if you go back to the february when russian separatist it is invading crimea it was much higher than that. >> interesting to watch the vix and see it pop and drop. [closing bell ringing] you can make money on moves. david: oil stocks are down. we don't talk much about oil. all the focus on stocks. oil is down 2.2%. exxon with oil stocks taking it on the chin. we're trading d session ends. that does not fo

ÑÑ before it goes public here at the new york stock exchange.concerns about potential corruption and possible additional scrutiny from u.s. regulators. fox business' jo ling kent is here now with more. when i saw this article in the times, my first thought was, well, this is interesting, you know? does this affect people here in the u.s. who want to get in on the ipo? what should we think about that? >> reporter: well, there's a lot we still need to find out, even alibaba will say they have not yet filed with the sec, since it's such a big deal. mike forsyth, the reporter that reported this story has a long, solid track record of investigative journalism, so this is a very interesting report because if you look at the four companies investing in alibaba as of 2012, all of them have either had or currently have kids or grandchildren of these top government officials. we're talking about a brand son of a former president, a son of a former prime minister. these are also four companies that are also invested separately in alibaba as well. they may

let's go right to nicole petallides at the new york stock exchange. , nicole. that is the nasdaq, huge winner. what is moving the nasdaq? give us individual stocks moving that index? >> on a record-setting day, david, worth noting some best performers we're looking at nasdaq, include biotech names, names related to pharma. regeneron pharmaceutical. netflix with upgrade from goldman sachs. that is up 7 1/2%. alexion pharma. and technology, biotech, internet, small caps, there is so much happening here on wall street. david: one of the big surprises, gm despite the recalls up big-time again. the car sales were through the roof. >> it was about the auto sales for gm despite the fact they recalled 29 million cars. people are going in and actually to get the fixes and actually bought new cars. david: gopro again higher, double-digit. >> go, go, gopro. 49 bucks and chain. [closing bell ringing] david: nicole, thank you very much. we have this rally covered. we have a lot of investment analysis for you, including charles payne coming up later in the hour to t

go to the new york stock exchange for more on that.s chairman and ceo alex no liberally is a man on a mission. we'll talk about his progress so far, plus his latest earnings report in a fox business exclusive. ♪ ♪ x÷÷÷÷÷÷÷÷÷÷÷÷ ♪ ♪ lori: markets really shaking off yesterday's tensions with ukraine in a huge way. i mean, the dow industrials up 125 points, we're positive for the week now even though we haven't quite made up all of yesterday's dow declines. the nasdaq in particular posting its largest gain since may 12th. let's go to nicole at the new york stock exchange. >> reporter: it's pretty unbelievable. while some people may have been buying on some of the dips yesterday apprehensively, they had a cautionary tone, today there certain he seems to be that sentiment they're nervous be about today, but i don't quite think anybody expected the moves we've been seeing. yesterday we saw the major averages selling off. the nasdaq, which we're looking at some of the leaders right now, yesterday sold off 1.4%. here we are a

jill wagner at the new york stock exchange. thanks a lot, jill. >>> still to come, is lebron james hot for cleveland? >>> and why is this yankees fan suing his favorite team and major league broadcasters. ♪ ♪ veggies you're cool... reworking the menu. mayo, corn dogs...you are so out of here! ahh... the complete balanced nutrition of great tasting ensure. 24 vitamins and minerals. 9 grams of protein... with 30% less sugars than before. ensure, your #1 dr. recommended brand now introduces ensure active. muscle health. clear protein drink and high protein. targeted nutrition to feed your active life. ensure. take life in. >>> here's a look at today's forecast in some cities around the country. >>> a federal judge gives preliminary approval to the nfl settlement with thousands of former players who claim they suffer from concussion-related health problems. the deal removes a $675 million cap on damages. and it will give $1 million, or more, to ex-players who develop neurological disorders. >>> lebron james meets with miami heat pr

jill wagner's at the new york stock exchange with that and more. morning, jill. >> good morning, anne-marie. gm is re-calling another round of vehicles once again for faulty ignition switches. this covered at least 7.4 million cars dating back to 1997. that includes the pontiac grand bricks and the cadillac cts. three deaths, eight injuries and seven crashes in the last recalls. all through gm claims to compensate victims and families. ken feinberg, the expert hired by gm said under its plan any driver or pedestrian involved in an ignition-related crash is eligible. >> we have fund without any cap on the aggregate amount of money that's going to be available. gm basically has said whatever it costs to pay all eligible claims under the protocol, they will pay it there is no ceiling. >> feinberg is expecting thousands of claims of compensation for fatalities starting at $1 million. >>> french bank bnp paribas is expected to plead guilty in federal court as early as today for money laundering. yesterday agreed to pay a fine of almost $9 million. bnp a

jill wagner at the new york stock exchange.nks a lot, jill. >>> george alberta walker bush is one of the few presidents never to write a memoir. he'll leave it to his friend. the author is george w. busch, the nation's 43rd president. the book will cover the elder busch's whole life and include insights on how he affected his son's political career. and the younger president bush shared the spotlight at major league baseball game wednesday night. he emerged from the dugout at the ballpark in arlington, texas, to pay tribute to retiring new york yankees star derek jeter. it was jeter's final game in texas. president bush gave him a signed picture of the two. it was taken just before mr. bush threw out the first pitch of game three of the world series in new york just seven weeks after 9/11. the celebration didn't last long. jeter went 0 for 4 and the yankees fall to the rangers, 3-2. >>> when we return, it might taste good, but your heart won't thank you. we will show you what one health organization calls the worst meal in amer

jill wagner at the new york stock exchange. thanks a lot, jill. >>> straight ahead, your wednesday morning weather, and a controversial gun law goes into effect in georgia. we will show you where licensed gun owners can now carry their firearms. them with k9 advantix® ii. it's broad-spectrum protection kills fleas, ticks & mosquitoes too. right now, at petsmart, save up to $15 on select bayer® k9 advantix ii flea & tick products. if it doesn't work fast... you're on to the next thing. clinically proven neutrogena® rapid wrinkle repair. it targets fine lines and wrinkles with the fastest retinol formula available. you'll see younger looking skin in just one week. one week? this one's a keeper. rapid wrinkle repair. and for dark spots rapid tone repair. from neutrogena®. it means trying something new. [ woman ] that uncertainty of what's to come. ♪ ♪ >>> here's a look at today's forecast in some cities around the country. >>> well, some call it a victory for the second amendment. others call it way too extreme. a new controversia

jill wagner at the new york stock exchange. thanks a lot, jill. >>> coming up on the "morning news," deadly stomp. a typhoon slams into the philippines leaving miles of destruction in its wake. this is the "cbs morning news." your life is a game of chance. chronic migraine, but what if the odds could be in your favor? botox® is an fda-approved treatment that significantly reduces headache days for adults with chronic migraine, 15 or more headache days a month, each lasting 4 hours or more. it's proven to actually prevent headache days. and it's injected by a doctor once every 3 months. the effects of botox® (onabotulinumtoxina) may spread hours to weeks after injection causing serious symptoms. alert your doctor right away, as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness can be a sign of a life-threatening condition. side effects may include allergic reactions, neck and injection site pain, fatigue, and headache. don't take botox® if you have a skin infection. tell your doctor about your medical h

jill wagner at the new york stock exchange. thanks a lot, jill. >>> coming up on the "morning news," western wildfires. emergencies are declared in two states where fires are burning out of control. this is the "cbs morning news." it's the yoplait greek taste-off and we are asking the music city which 100-calorie strawberry greek yogurt is the next big thing. i'm a random lady with a table full of yogurt. want some greek yogurt? can i ask you a question? tell us what tastes best. this one is definitely the winner. that one is good. a is great. yoplait greek 100! that's the stuff right there. you want to see which one yoplait greek beat? chobani yes! yoplait greek wins again. take the taste-off for yourself! it is a beautiful day for yogurt. don't be envious. be envied! new revlon colorstay gel envy™ in just two steps, i get what i want. base coat and color in one. then, diamond top coat for gorgeous, life-resistant wear. in 30 easy-to-remove shades revlon fancy feast broths. they're irresistabowl... completely unbelievabowl... t

cheryl: let's go to nicole petallides at new york stock exchange.umbling, nicole. >> no doubt. that was on heavy volume as well, cheryl. we saw nasdaq composite down 1.3%. linkedin down 6%. twitter was down 7%. part of this was at least to blame on options trade and push. this was hedge to balance that out. it was interesting how that happened. socl to be specific. adam: talk aluminum. alcoa, massive run up this year. 40% up year-to-date. last 52 weeks up 86%. what is going on? >> interesting to say what will happen with aluminum prices. we're eagerly awaiting alcoa to kick off earnings season and bob evans and container stores as well. cheryl: big turn for apple after it hit a 52-week high. it was a bright spot. >> closing 95.36. it hit a high of 96.80. we saw tech stocks really coming under pressure. it was hard for almost any stock to survive in the green. there were exceptions, apple like many others moved into the red. adam: flight to safety. utilities, only sector in the green. 94-degree day in manhattan. you love con-ed. >> names up 1% and am

>> jill wagner at the new york stock exchange.> when we return, new questions for general motors. gm's ceo returns to capitol hill to testify about defective ignition switches linked to more than a dozen deaths. nd.) (loud engine sounds!) what! how's it going? heard you need a ride to school. oh, that's pretty cool! big day at school? i know just the thing to help you get going. power up with new cheerios protein. and here. but what about here? [ female announcer ] neutrogena® visibly even daily moisturizer with a clinically proven soy complex. it diminishes the look of dark spots in 4 short weeks. and just like that your skin will look radiant and more even. even from here. [ female announcer ] visibly even moisturizer and new bb cream. from neutrogena®. >>> here's a look at today's forecast in some cities around the country. >>> here's another look at this morning's top stories. u.s. intelligence believes a missile shot down malaysia airlines flight 17. it crashed in the middle of a war zone in ukraine yesterday. 298 people were

and this morning as i speak, he is on the floor of the the new york stock exchange where he's rubbing elbows with the very people he apyres to be like. piz son is -- her son is smart, built computers from scratch. he obviously finished high school while dealing with disease. his interest in wall street developed his senior year. >> i just to want see him smile. and be motivated after a really rough year of missing out on a whole lot in his senior year. this is going to be, this is the icing on the cake for him. and now that he's done with chemo, having the opportunity to fulfill his dream is remarkable. >> reporter: trey spent saturday in a mini internship at goldman sachs. thursday a half day at cnbc. >> very cool. we were hearing earlier that he's going to give back some of the money he's going to make on wall street as he's an adult. which is very unlike wall street, bob. >> reporter: it is, he's promising 25%. >> good for him. >> you might to want consult with a financial advisor first. >>> it's 5:11, new report out this morning finds the average person in the bay area is almost $

jill wagner at the new york stock exchange.nks a lot, jill. >>> when we return, donald sterling's hopes of hanging on to the clippers are dealt a serious blow. >>> and the owner of a red sox world series ring leaves it it in what could have been the worst possible place. the evening's event brings laughter, joy, and more pain... when jamie says... what's that like six pills today? yeah... i can take 2 aleve for all day relief. really, and... and that's it. this is kathleen... for my arthritis pain, i now choose aleve. get all day arthritis pain relief with an easy-open cap. the bhershey's s'mores, together is hothe unmistakable taste that reminds us that life is delicious. drought. the dry conditions are fueling two northern califo wildfires. how firefieghtere working to stop the flames. it's the heaviest night of fighting in gaza in three weeks.. how concerns are growing, as the numbers of civilian casualties continue increasing. join us for kpix 5 news this morning... beginning at 4:3 good morning. it's tuesday july, 29th. i'

he's on the floor of the new york stock exchange this morning. how he got there makes the story more remarkable. "today in the bay's" bob redell joins with us that, good morning, bob. >> reporter: good morning, scott and kris. for months trey grinner, 17-year-old kid from the east bay, he was sick, fatigued, didn't know why until this past january when he received horrible news. he was diagnosed with a hodgkin's lymphoma. he finished up key know many alamo. the make a wish foundation is trying to give trey the opportunity of a lifetime. the organization has flown him out to new york city where he is fulfilling his dream of becoming an investment banker. it's not just for a few days. yesterday, trey helped ring the closing bell on nasdaq. this. morning he's hob knobbing with traders on the floor of the new york stock exchange. >> i told myself, you know, if i'm going to get a wish, i'm going to make it something that's going to affect my life. maybe something i can take with me forever. i'm not going to drive a ferrari on a racetrack and have that

jill wagner at the new york stock exchange. jill, thanks so much. >>> sports fans wait for a decision from basketball's biggest star. lebron james has yet to announce where he'll play next year. coming up, why that wait may last longer. (laughs) it's this new paint. valspar reserve. nothing stays on the wall! not anything! not any of these things, jon! right. valspar reserve. super stain-resistant and scrubbable... and this color! still perfect! yeah, looks great, val. how much coffee have you had? 3 cups. mmhmm. 4. introducing valspar reserve paint + primer with hydrochroma technology. now the colors you love stay the colors you love. exclusively at lowe's. our diet ocean spray cranberry juice drink is made with real cranberries and has just five little calories. these diet soda farmers are here to see where cranberries grow. hey, where does diet soda grow? uh... >>> here's a look at today's forecast in some cities around the country. >>> still no decision from lebron james. the nba star has the sports world watching and waiti

jill wagner is at the new york stock exchange with that and more.ning, jill. >> good morning. it is now legal to light up in washington state. recreational marijuana went on sale wednesday and the shops were packed. the state expects to collect almost $2 mill $2 million in ta. yesterday the investors weren't impressed. the dow tumbled 117 point dloes below 17,000. the nasdaq fell 60 points, its biggest slide in two months, and the s&p lost 13 points. >>> uber, the mobile app car service has cut a deal with new york city. it's agreed not to price gouge during emergencies or natural disasters. uber has been criticized for raising prices during rush hour or during bad weather. uber is getting some competition from lyft, another car service app. you can tell lyft by the big pink mustache on the grill. unlyle unlike uber they can't set frl the competition. >> jill wagneral the new york stock exchange. thanks a lot, jill. >>> straight ahead, courtroom drama. l.a. clippers owner donald sterling gets combative in his fight to keep the team. botox® is an fda

jill wagner with the new york stock exchange. ks a lot, jill. >>> according to a new book, baseball star alex rodriguez used drugs in 2007 and he may have done it with the blessing on major league baseball. the authors of "blood sport" says rodriguez was given permission to use testosterone, a banned substance, prior to the 2007 season. the writers say a-rod was one of only two players granted an exemption to use testosterone. that season he won the mvp, opted out of his contract, and signed a new ten-year deal with the yankees. mlb officials say the exemption process is confidential and is carried out by an independent panel. >>> well, team usa's dramatic loss to belgium in the world cup on tuesday nearly set a viewer record. millions tuned in on a tuesday afternoon to watch the soccer game. president obama phoned members of team usa on wednesday. he told them the nation is proud of their effort and goalkeeper tim howard got a separate call from defense secretary chuck hagel. howard played so well against belgium, making 16 saves

jill wagner is at the new york stock exchange with that and more.d morning, jill. >> good morning, ko. twitter is a big winner thanks to the world cup. they were driven in part by soccer fans from around the world. revenue hit $312 million. that is an increase of more than 120%. the number of average monthly users was up 24% from a year ago. >>> here on wall street twitter didn't help the markets. the dow dropped 70 points. the nasdaq dipped 2 points. and the s&p fell almost 9 points. >>> mcdonald's workers got a big boost in their fight to earn $15 an hour. the national labor relations board said yesterday that mcdonald's controls its franchises, making it a joint employer. this means the corporation could be held liable for any wage and work-related lawsuits. mcdonald's says it will fight the change. >>> and more than one-third of americans aren't paying their bills. a new study says 35% of consumers with credit records had been reported to collection agencies. they owe an average of $5,200. but according to another study, overall credit card debt

>> jill wagner at the new york stock exchange., thanks so much. >>> a girl who survived a shooting attack that left six of her family members dead in houston, texas, is speaking out. 15-year-old cassidy stay with us released from the hospital on friday after suffering a head wound in wednesday's shooting. she survived by playing dead. >> i'm really thankful for all of the people who have been praying for me and keeping me and my family in their thoughts the past couple of days, and i'd like to thank all the first responders, nurses, and doctors that have taken care of me. i'm feeling a lot better and i'm on a very straightforward path to a full recovery. >> ronald haas kel, the uks husband of cassidy's aunt, was charged with killing the parents and four siblings. >>> straight ahead, your monday morning weather. >>> and in sports on the day before the all-star break, the san francisco giants make some long ball history. long ball history. it's how i look at life. especially now that i live with a higher risk of stroke due to afib,

>> all right, jill wagner at the new york stock exchange. >> donald sterling takes another step in his fight to keep control of the los angeles clippers. on tuesday night, he filed a new lawsuit, claiming his wife, shelly, and nba commissioner adam silver, engaged in fraud while trying to complete the sale of the team to steve ballmer. meanwhile, the uncertainty of the clippers ownership may cost the team its coach. the interim ceo testified in a separate trial that doc rivers said he will leave the team if sterling remains as owner. >>> and a champion racehorse owned by britain's queen elizabeth tested positive for performance-enhancing drugs. british racing officials say estimate, a 5-year-old filly, was found to have morphine in its system after a race last week. the queen's adviser says the horse failed the test after eating contaminated feed. a spokesperson for buckingham palace says the queen has been notified. >>> when we return, birthday song. we'll meet a doctor who's welcoming babies into the world with a special serenade. introduci

jill wagner at the new york stock exchange.s a lot, jill. >>> still to come, a tearful announcement from an nfl legend. >>> and saying sorry was never so sweet. lebron james' baked apology to his ohio neighbors. this is the "cbs morning news." or margherita flatbreads, baked fresh in house and served with your choice of soup or salad. chili's lunch combos, starting at just 6 bucks. more life happens here. worse and worse.rthritis, i had intense joint pain that got then my rheumatologist prescribed enbrel. i'm phil mickelson, pro golfer. enbrel helps relieve pain and stop joint damage. i've been on the course and on the road. enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you

jill wagner at the new york stock exchange. thanks so much. >>> straight ahead, more fireworks at the donald sterling trial. the harsh words he had for his wife as she left the witness stand. >>> and a tension-filled semifinal at the world cup comes down to penalty kicks. semifinal at the world cup comes down to penalty kicks. but i've managed. ♪ i got to be pretty good at managing my symptoms, except that managing my symptoms was all i was doing. ♪ when i finally told my doctor, he said my crohn's was not under control. ♪ he said humira is for adults like me who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. and that in clinical studies, the majority of patients on humira saw significant symptom relief. and many achieved remission. [ female announcer ] humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allerg

. >>> still ahead on "eyewitness news", jill wagner joins us from the new york stock exchange to get us an update on the day on wall street. >> but first a look what is coming up tonight on cbs-3. steven colbert will not only follow in david letterman's footsteps but he will be doing it on the same stage. cbs, the parent company of this station, announced colbert will keep his show in new york at the ed sullivan theater. his debut date is still up in the air. it all depend on when dave decides he is ready to sign off. >>> lets get you up to speed with the quick look at this morning's headlines, late last night federal aviation administration lifted its ban on u.s. airlines flying in and out of israel's main airport. ban was in response to bombings near the airport in tel aviv. meanwhile secretary of state john kerry is in israel talking with israeli and palestinian leaders working towards a cease-fire. >>> mcdonald's employee alan trammel is under arrest accused of dealing crack in the restaurant parking lot in wayne, delaware county. authorities want to make sure no food was contami

jill wagner is at the new york stock exchange with that and more. morning, jill. >> good morning, anne-marie. a fast food safety scare in china. mcdonald's is being investigated by china's food safety agency. the company says it stop using meat from a supplier which sold them expired beef and chicken. kfc is also under investigation, it says it won't tolerate violations of government regulations. >>> asian stocks are mostly higher as the yen eased against the dollar. tokyo's nikkei added nearly 1%. and hong kong's hang seng rose nearly 1%. >>> wall street investors will be watching international development as well as corporate earnings reports from apple and other. the dow dropped 40 points, the nasdaq lost 7 points. the s&p lost four points. >>> netflix the video service earned $71 million in the second quarter despite a price increase. and the company now has more than 50 million worldwide subscribers, but it's dvd by mail rental service continues its rapid decline. anne-marie. >> all right. jill wagner at the new york stock exchange, thanks a lo

jill wagner at the new york stock exchange, thanks a lot, jill. >>> coming up on the "morning news," salvaging a ship. a massive operation to tow away the wrecked "costa concordia" off the coast of italy reaches an important milestone. this is the "cbs morning news." ...with brilliant shine and vivid color hydrates lips with vitamin e & aloe. new revlon colorstay moisture stain™ this is love for your lips. revlon birdhouse plans. nacho pans. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. the bhershey's s'mores, together is hothe unmistakable taste that reminds us that life is delicious. curing a yeast infection relieving the itch.... can happen instantly. vagisil max strength anti-itch wipes relieve itch and odor instantly as they cleanse. so why wait to feel comfortable? trust vagisil. the number one wipe for itch. you just can'tider a 4-star know the name?p to 60% off, just no name? until you book. um... yeah, i'd do that! ♪ oh hey there! (laughs

later this afternoon, he'll be on the floor of the new york stock exchange, rubbing elbows with the very people he aspires to be like. trey became interested in wall street during a class senior year that taught students how to trade stocks. this was around the same time he was diagnosed with hodgkin's lymphoma. he finished chemo a few days before he graduated high school in june. his mother tell us he's doing wonderful. >> i want to see him smile and be motivated after a really rough year of missing out on a whole lot in senior year, this is going to -- this is the icing on the cake for him. now that he's done with chemo, having the opportunity to fulfill his dream is remarkable. >> if i had a second wish, from make-a-wish or from the big man himself, i wish to be protect the rest of my family from this happening to them. i don't want to see any of my brothers or sisters to go through this. i know i'm strong and i can get through it and it's not that big of a deal. things happen in life, and i don't know if i could have taken it if my baby brother was diagnosed with lymphoma. i don't kn

nicole petallides at new york stock exchange after a two-day face plant, facebook is seeing bounce backoday. >> some of the social media stocks were reactioning to big options trade and push. yesterday in particular we saw them get so hard and today the big bounceback. today, facebook up over two bucks. closing around 64.93. up 3 1/2%. nice move. cheryl: nicole, seven consumer stocks hitting all-time highs. >> really interesting how utilities been out, consumer discretionary in. yum brands, disney, record all-time highs. adam: what about blackberry? it continues to ride high. >> news about samsung that samsung is getting a little weaker and that maybe blackberry gains. [closing bell ringing] cheryl: as we siebels ringing, here we go adam. nice performance in the markets. snapping that two-day loss already. adam: dow jones up 75 points. nasdaq up 26, 20 seven. and as we settle, s&p 500 almost 9 points. cheryl: "after the bell" starting right now. cheryl: let's get right to today's market action. we've got rob stein, astor investment management ceo who thinks we'll get accelerating growth

still ahead on "eyewitness news" this morning, jill wagner joins us from new york, stock exchange, with a pro -- preview. >> first here's what's coming up tonight on cbs-3. >> more on the overnight storm. looking live right now, at the scene here, we're told around 2:00 a.m., 36 people had to be evacuated because of flooding that was caused by the storm on walnut st. no one hurt. but still wait to go hear when everyone will be allowed back inside that building. again, keep in mind, it is ten of 5:00. imagine waking up telling that your build something flooded and standing out in the dark? >>> here is a look at this morning's headlines. >> one man dead, four others injured, in a birrage every gunfire in feltonville. happened around midnight last night on the 4900 block of north front street. so far police have made no arrests. >>> also, developing, police are questioning two persons of interest in connection with friday's deadly carjacking and hit-and-run in north philadelphia. three children were killed, their mother and two other women were injured. they were hit by an s.u.v. that had

and right now, the closing bell has just rung ending a short but historic day at the new york stock exchange. the dow passing the 17,000 mark for the very first time. >>> hello, i'm jim sciutto reporting again today from washington. wolf blitzer is off today. the first hurricane of the atlantic season is gaining strength and speed as it barrels up the east coast on the busiest holiday travel week of the summer. right now, hurricane arthur is churning off the coast of south carolina. it is a category one storm with 90 mile an hour winds but forecasters expect arthur will become a cat 2 with 105 mile an hour winds before making landfall on north carolina's outer banks. that's expected to happen overnight. dangerous conditions are possible along much of the east coast now just as millions of people hit the roads and airports for the july 4 weekend -- myself included. alina machado is on the carolina coast and chad myers is tracking arthur from hurricane headquarters in atlanta. chad, if i can, i want to start with you. where is the storm headed right now and as it makes landfall how bad do you

the smartphone messaging app set up after japan's 2011 tsunami disaster wants to list on new york stock exchange is speed read. david: one company giving a whole new meaning the to phrase sign on the dodd line. you may not know its name, employees at 90% of the world's biggest companies used its products in 40,000 new users join its network every day. liz: let's find out more about this one. jo ling kent has it. fortune brainstorm conference in aspen, colorado, with an exclusive. jo? >> hey liz, hey dave. we have exclusive interview with the ceo of docusign. thanks for joining us. >> thanks so much for having me. >> amazing to be here. it is beautiful. you're on the deal trail here. you signed a deal with fedex that is going to change the way that people send documents. what is happening here? >> what is so great about the fedex relationship, allows docusign to get exposure to all of fed expect customers and allows us to be able to print out documents at fedex office stores and myriad of other things. >> all digital. you start digital what happens? >> it is all digital. like rob carter, their ci

let's go to nicole petallides on floor of new york stock exchange.he is watching shares of darden. nicole. >> taking a great look at darden. darden on the move to the upside. it is up 4% today. that is a big move. we're hearing chairman and ceo will be stepping down, clarence otis, who has been under scrutiny by those activist investors. in this case we're talking about barrington and starboard value, who have been looking closely at the ceo and basically saying he wasn't running the company correctly, selling off red lobster you may remember. so he will step down by end of the year, up 4%. melissa: nicole, thank you so much. let's bring back our panel for reaction. i guess for reaction to herbalife that i was going to say, i would rather, that was tough. you guys were good. you really were good. look, everybody realizes what ackman's role in all of this is, he wants to kill the company. i think wall street was right to suspect his motives in this. when they see the results, as tough as those results are you have to hold this guy's feet to the fire w

nearly 2 billion shares traded at the new york stock exchange already. .1 on an average for a full day. stocks, you know, are looking at their potential, the first down month in six. and also having their worst day in some four months, since tax day. there's the nasdaq leading wait lower. losses bigger there down 2%. meantime, we continue our nasdaq 2.0 series with a fund manager who survived the dotcom boom and bust. and lived to tell about it. paul meeks ran technology investing for merrill in the late '90s. managing six funds and total of $8 billion at the height of the frenzy saying he went from signing autographs to getting death threats when things headed south. one of the era's survivors now investing money at a portfolio manager of the four-star rated sexton growth fund. paul, welcome back. always a pleasure. thanks foyer joining our series. >> always my pleasure. >> so many amazing stats. some of which we just read off. the internet strategies fund raised $1.1 billion inship tl s three days of marketing. ran up to an $8 billion franchise. what do

she is at new york stock exchange.ay well into the green at least. >> looking biotech names, biogen, celgene. that was good news. helping names such as united health and you man fa. higher costs because of obamacare. david: so many investors say we're looking for good companies with stocks beaten down. so many few companies fit the category, except for whole foods. they report later this hour. >> we're waiting for that. they have been cutting their expenses. organic food is such a specialty. everybody is getting in on the game, right? safeway, walmart, kroger. the stock is up 8% right now. liz: nicole, looking at twitter, it is up about just under 20%. close to the highs of the session, certainly now at $46. >> it is up 20% going into the close. what more can you say? they have added users. hey there was alibaba news. the alibaba is in talks to invest in the messaging app snapchat. that is story we'll follow. david: kudos to charles payne. he got twitter right. interest rates, big 10 basis point move there. [closing be

liz: so much we need to go straight to nicole petallides on floor of new york stock exchange. today it is official. they're joining forces. the beneficiary of this deal has been relatively unknown company called moo? >> i've been taking a look at these stocks, zillow and trulia. look what they're doing here. we're looking at zillow up 1%. trulia up 15%. and we're talking about the company called move. look at what is going on here. merger of these two websites that focus on real estate will be behemoth. >> talk about tesla shares, jumping after signing a new deal, nicole. liz: right that is deal with panasonic pertaining to new ion batteries. lithium-ion battery production. with this deal, tesla is jumping slightly up half a percent. liz: talk about homebuilders. [closing bell ringing]. pending home sales slipping for those names the dow could not stay above 1,000 although there at parts of the session -- 17,000. zap you could call that flat even though there is tiny bit of green. russell 2000 down half a percent. we have earnings coming. herbalife. how excite something that.