nicole lapin, thank you. christina loren with our forecast. good morning. >> good morning. we've got major rain on the way for this time of year, the middle of the week, we'll talk about when. let's get to the good stuff first. we have a nice day on tap. looking good, high pressure sits over the four corners region. you can see the storm track arcing up and around that ridge but look at what's headed our way, a pretty significant well-organized system of low pressure. it's going to bring us rain possibly up to a half inch even in the south bay as we head through wednesday. looks like i think that everywhere in the east bay at least .1 inch. 57 in concord, 54 livermore right now. we're headed to the upper 70s, low 80s again, similar, pretty much the same as we saw on friday. so 83 in fair field, 79 in concord and 78 in fremont. this is what's headed our way. looks like the timing is going to shape up like this. low pressure is going to continue to push to the coast of california as we head through tuesday and wednesday. periods of rain start tomorrow afternoon. they are goin

for more on that and the news before the bell, we turn to nicole lapin. e is live at cnbc world headquarters this morning. we need those jobs. good morning, nicole. >> sister, we do. i wish it were raining jobs. it's not the case. futures are lower ahead of that big daddy. the jobs report coming out at 8:30 eastern time. job growth likely to lose a ton of steam, and japan's earthquake sapped the economy. 160,000 jobs. that sounds like a whole bunch of flowers. no. that is actually the smallest increase, marla, since january, and economists are even coming out saying that the whisper number, that's maybe what it could be, could be a lot less. so we're bracing ourselves. unemployment is also down 8.9% and u.s. stocks holding their breath. investors concerned about what the print is going to be. yesterday we were mixed ahead of the jobs report. just to recap, the dow fell 41 points, 12,248 is where we closed. the nasdaq composite rose 4 points. 2773 is where we closed there. also making headlines, the u.s. government selling its remaining 6% stake in chrysler

. >>> to wall street news before the bell, let's turn to nicole lapin. good friday morning to you. >> reporter: a very happy friday to you, as well. wall street broke a six-day losing streak. the trade deficit shrank in april. a little bit of data out this morning on import prices, the measure of inflation. the dow rising 75 points yesterday to recap 12,124 is where we closed. nasdaq was up. hp is launching the touch pad on july 1st. you can start preordering it june 19th. it has a nearly 10-inch screen. $599 for 2 gigs. the touch pad is powered by palms operating system. hp bought palm last year. lightning mcqueen could be more popular than buzz light year. toy story brought in $2.4 billion in sales last year. disney started selling hundreds of cars items last month from toys to aprons to baking pans. >> yeah, you know, i saw like a, i don't know, a paper towel company is teaming up with them, paper towel, toilet paper, you name it. >> they are taking over the whole world. >> thank you very much. it's 4:46 now. >>> a bay area company helping you save mo

american companies from cyber attacks, for more on that and news before the bell let's turn to nicole lapin at cnbc. good morning, nicole. >> good morning. futures are higher after yesterday's healthy rally, the dow snapping a three-day losing streak. asian markets were higher overnight on optimism that the greek crisis will be resolved. europe is higher. we get some of our data on home prices forecast to have dropped again in april. and on consumer confidence. recap, the dow rising 108 points yesterday, 12,043 is is where we closed. the nasdaq up 35 to 2688. you're right, companies are facing a growing threat of cyber attacks. they have new tools. the department of homeland security will help avoid problems that let hackers exploit websites. the effort came about before this round of cyber attacks on sony, citigroup and the cia. microsoft is setting up an office in the clouds launching a cloud-based version of its office software. it's office 365 and has all of the applications. it will be available on line in formats from any device. trying to confront google who has stolen a small percen

we turn to nicole lapin who is live this morning. good morning. >> good morning, marla. futures are higher. wall street closed down for a sixth straight session. ben bernanke's grim economic outlook and signs of a slowdown in several parts of the country. europe is lower. they were treading water until that happened. oil rallied after opec failed to reach a decision. crude is up. just to recap, the dow fell 21 points yesterday. 12,048 is where we closed. nasdaq 2675. citigroup is confirming hackers gained access to credit card information. roughly 1% of customers were affected. the hackers weren't able to see the social security numbers, birth dates, expiration dates. they are in the process of notifying people affected this morning. >>> u.p.s. is testing a fleet of trucks made from a lightweight composite material that is 1,000 pounds lighter than the big brown trucks. they have a smaller diesel engine. they are air dynam aerodynamic. >> the brown company is going green. >> you wouldn't think the u.p.s. guy was going to be aerodynamic. >> thanks so much. >>> the sheriff

back to you. >> thank you very much, nicole lapin. all that counterfeit clothing confiscated in the giants world series run will be put to good use. the department of homeland security will be in san francisco to showcase hundreds of tee shirts and ball caps seized in last year's playoffs. the items will then be donated to the nonprofit group world vision which will distribute them to kids and families around the world. the merchandise is worth more than $150,000. i'm sure our christina wants to get her hands on some brian wilson gear. we all know that. >> because i don't have any in stock already or a shrine in my closet for that matter. no. i'm working on that. right now working on showers for you this morning. boy oh, boy, it's getting busy out there. take a look at this. showers have not yet breached the golden gate bridge so we're looking pretty good. everything is happening to the north in marin county. what that means for your afternoon is hey, we're going to see pretty slick conditions as you try to make your way home from wor

for more on that it's nicole lapin. good morning. >> good morning. futures are higher, markets rising on some of the fears over greece. investors snapping up some stocks and bargain hunting, tackling greece again as the prime minister faces a vote later today. asian markets rose and europe is higher. we get some of our own data on existing home sales and the fed kicking off a two-day meeting. the fed is not expected to change interest rates and will likely confirm it's ending the bond buying stimulus program. we're watching everything out of mr. bernanke's mouth. the dow rising 76 yesterday, 12,080 is where we close, the nasdaq 13, 2629. take advantage of the unlimited data plan now. starting next month verizon will move from that to a tiered option program or use based plan for smart phone customers. plans run $30 for two gigs of data to $80 a month for 10 gigs, with tethering to other devices available for about 20 bucks. and nokia, it's first windows based phone. it's a ways a way. they have been losing to apple's iphone and the droid devices. nok

how much they could make and the rest of your news before the bell with nicole lapin. >> that's not virtual money. investors await the outcome of the austerity vote in greece. if the greek parliament passes the plan the country could have a bailout. asian markets higher overnight on the optimism, europe positive. we do get our own data on pending home sales. a recap the triple digit gain yesterday, dow up 145 points, 12,188, nasdaq composite added 41 to 2729. google is taking another stab at social networking. it's unveiled google plus which aims to make online sharing more like real life. users can share small things with small groups like college friends or co-workers at tnt v whatever you want. google plus is only available by invitation. it's experimented with several social tools since 2009 with limited success a la buzz. >>> the company behind highly addictive football games is looking to cash in on wall street. they could file an ipo and value the company up to $200 billion. they have 250 million viewers selling virtual items to use in the games, you know, like real money for fake cr

for the rest of the news before the bell we'll turn to nicole lapin over at cnbc. good morning. >> good morning. futures are teetering around the flat line after yesterday's big sell-off. stocks of course dropped as the dollar fell against the euro and worries about the debt crisis continues in greece. workers there went on strike, then rioted, then protested budget cuts as the government attempts to thwart a debt default. the u.s. also could be impacted by a greek default. reports say banks have about $41 billion of exposure. asian markets fell, europe is in the red but we get significant data out stateside on unemployment, housing starts and building permits. a report on regional economic conditions is something we're watching as well. the dow dropping to recap, 178 points yesterday, below that 12,000 mark to close at 11,897, the nasdaq lost 47 as well to close at 2631. also this morning citigroup says 360,000 customers were affected by a hacker attack. nearly twice the amount initially suggested. the breach was made public last week but first defected in may. ci

more on that and news before the bell with nicole lapin. >> you guys are making all the news on wall street. futures are lower after yesterday's nice healthy rally. an early boost from positive economic data specifically out of china. another push when u.s. retail sales weren't as bad as some folks were expecting last month. asia traded, europe in the red. that's putting some pressure on us right before we get another round of important data on inflation this morning with a report on consumer prices as well as numbers on industrial production. a survey consentment from the nation's home builders. to recap, market rising 123 points, 12,076 where we close, above that 12,000 psychological level, add 392678. wall street is opening pandora's box on a possible hot, hot tech ipo. the internet radio site offering well above expected range valuing it at roughly $2.5 billion. pandora has more than 90 million registered users but it's also not profitable. the ip could set the stage for future deals like groupon and big daddy of them all, facebook. another bay area company google adding more of

it's nicole lapin. good morning. >> good morning. futures are higher after wall street struggled to stay near the flat line yesterday. a downgrade of credit rating offset the takeover deals. as investors continue to worry about global economic slowdowns. big economic reports today focusing on producer prices, business inventories and retail sales which are expected to drop due to weak car sales. best buy reports earnings before the open, but yesterday the dow rose 1 point, 11,952 is where we closed. the nasdaq fell to 2639. also this morning comcast is teaming up with skype to bring video calls to your television. consumers will be able to make and receive calls using skype software, a video camera, a set top box and remote control. it doesn't matter if the person on the other end uses a phone, a pc or a television. that's our parent company. and at long last spript users may be able to get the iphone. reports say that apple is in advanced tests for an iphone that's compatible with sprint's wireless network. apple is set to order spr

for more on that news before the bell, let's talk to nicole lapin. >> there's no other news besides j.t. out this morning. a couple of other things. futures are higher after wall street put in some modest gains yesterday. they say the recent rally may be due to the usual end of quarter window dressing of sorts by mutual and hedge fund managers. asian markets rose overnight on the greek news. europe is also higher. we get some of our own daylighta out today on unemployment and manufacturing. the dow up 72 points yesterday. 12,261 is where we closed. the nasdaq added 11 to 2740. >>> also this morning, despite fears, owning a home is still central to american sense of well being. "the new york times" poll found nearly 90% say homeownership is an important part of the american dream. 45% say the government should do more to improve the housing market, virtually no one wants the mortgage tax credit to go away. people largely blame financial institutions for the housing crash but only a handful actually blame themselves. for taking out mortgages they simply couldn't afford. and, yes, myspace

for more on that and other news before the bell, it's nicole lapin. good morning. >> reporter: good morning to you, scott. yeah, futures are lower this morning. this is after yesterday's nice, healthy rally. and that came surprisingly despite disappointing news on the housing front, specifically a big drop in home prices. today we're looking ahead to the first of three reports on jobs this week. the report which tractors private sector hiring, we're expecting companies to have added about 190,000 such jobs last month. just to recap, the dow jumped 128 points yesterday, 12,569 is where we closed. but for the entire month, let's keep it real, we were down 2%, so netanyahu we're still lower. for the month, the nasdaq also was off 1.3% in may, but it jumped 38 points yet, 2835 is where we are there. >>> yep, google chairman and former ceo eric schmidt admitting the web giant tried unsuccessfully to team up with facebook. speaking at the all things digital conference, schmidt said he screwed up, that's a direct quote, by not jumping on the social networkin

for the rest of the news before the bell, let's turn to nicole lapin at cnbc world headquarters. good morning to you. >> good friday morning to you. they don't want anything that could be seen or smelled or perceived as a tax cut. futures are lower after wall street broke a six-day losing streak thursday. investors cheer data shrinking in april. we get a little data on import prices, which is the measure of inflation. we'll watch that. the dow is up 75 points yesterday, 12,124 is where we closed. nasdaq inches up to 2684. falling home prices shrunk the amount of equity americans have in their homes. the federal reserve says the equity dropped to 38% at the end of march. home prices in big metro areas hit the lowest level since 2002. it could mean prices continue to be under pressure. regulators in california plan to review at&t's $39 billion takeover of t-mobile usa. they will examine the impact of the merger on california's economy, specifically. pass on their findings to the fcc which should sign off and will sign off, if they get the deal in the first place. it could control 4

for the rest of your news before the bell, we turn to nicole lapin at cnbc headquarters. >> great to see you. good morning. wall street looking to build on monday's gains, markets rising on some of the fears over greece's debt. investors snapping up some bargain stocks. in athens again today, the prime minister faces a vote of confidence later today. asian markets rising on the news so europe is higher and that's coming to our side of the world. we get some of our own data on home sales and the fed kicking off a two-day policy meeting. the fed is not expected to rang interest rates. we'll be watching everything that comes out of ben bernanke's mouth. the dow rising to recap the action yesterday, 12,080 is where we closed. the nasdaq to 3629. we're hearing that sales of hybrid vehicles are stalling out as buyers are opting for more fuel efficient compact cars. hybrid 6.5% of the market in mid 2009, now 1.6%. sales of conventional cars are hot. these cars use various ways to boost mileage, all rated at least 40 miles per gallon without all of the extra stuff that can add up to six gran

for more news before the bell, let's turn to nicole lapin, live at cnbc.ood to see you, again. >> good to see you, laura. wall street closed down for a sixth straight session. they are worried about a slow le coverry following ben bernanke's grim outlook. europe is lower this morning. of course, following the great decision by the ecb, oil rallied after opec failed to reach a decision. crude oil is back up today. we get more economic data in 15 minutes time. we are looking at trade deficit numbers. it could drive the trading today. the dow fell to 12,048. nasdaq down to 2675. >>> t.g.i. fridays wants your dads to have a cold one. you can send an e-gift card for a cold brew. you can buy five for five bucks each. you can use them for food and other non-alcoholic beverages, too. they can't ensure who is buying the e-cards. they can make sure those redeeming them are 21 years old. you have a couple more years until you are legal. >>> also this morning -- super8 is coming out. twitter is letting you sneak in early. the new movie is produced by steven spielberg

former ceo evans williams bowed ouchlt the rest of your news before the bell we turn to nicole lapin he cnbc headquarters. good morning, nicole. >> good morning, futures are higher as investors await the outcome of an austerity vote in greece. if the greek parliament passes the plan the country could be eligible from the imf which could help it avoid a default. europe was also positive, last time i checked. we do get some of our own data out on pending home sales. wall street rose yesterday on the news out of greece, strong earnings from the likes of nike and a slight rise in home prices in april. to recap some of that market action, triple digit gains over the second straight section 145 points, 12,188 is where we closed there. nasdaq added 41 to 4729. in the wake of the hacker attack on citigroup, a new study found banks and credit card companies can make consumer accounts and i had its safer with a couple of steps. they do a pretty good job resulting fraud issues when they happen but fall short on prevention. bank of america ranked best in terms of protecting customer data. javelin

. >>> for the rest of your news before the bell this friday morning, we turn to nicole lapin, live at cnbc world headquarters. good morning. >> good morning, laura. happy jobs friday to you. futures are lower ahead of the biggest report of the week of the day of the month. may jobs report. job growth likely, as the impact of japan's earthquake sapped up strength from the u.s. economy. employers adding 160,000 new jobs, but that's the smallest since january. although some economists are saying the number could be much less. so we're really holding our breath there. unemployment is seen ticking down to 8.9%. u.s. stocks closed mixed on thursday, right ahead of the report. the dow falling, just to recap, 41 points, 12,248 is where we closed there. the nasdaq composite added 4 to 2773. >>> and sony may be the victim of hackers yet again. a group claims to have infiltrated sony pictures, compromising e-mail addresses and passwords of more than 1 million user accounts. the group, by the way, is the same one that hacked into pbs's website last week, basically posting a fake story that rapper

we turn to nicole lapin. good morning to you. i knew those lawmakers would get it done. they were going to start getting docked pay. interesting how that gets the job done. >> that's right. that definitely puts a fire in your belly. for as long as i can remember growing up in california there has been a budget issue in the state. so we're watching that very closely out of wall street as well, also what's going on in washington. futures are flirting around the flat line this morning after yesterday's massive sell-off. stocks dropped as the dollar fell against the euro amid worries that the greek debt crisis was expanding. workers there went on strike, rioted, then protested cuts as the government tries to avoid a debt default. the u.s. is impacted by a potential greek default because there are reports out that say banks have about $41 billion of exposure there. asian markets fell, europe sls in the red pretty much across the board. we get some of our stateside data out this morning on unemployment that we're watching. it is thursday, comes out every thursday. housing star

for that and news before the bell, let's check in with "today in the bay's" nicole lapin. she's live at cnbc's headquarters. good morning. >> good morning, laura, yeah, you guys are making a lot of the news driving our news on wall street. futures are lower after yesterday's nice rally. markets got an early boost from positive economic data out of china specifically, another push when u.s. retail sales weren't as bad as some folks expected last month. asia traded mixed, europe in the red. that's putting some pressure on our future. we do get significant data out this morning on inflation with a report on consumer prices as well as industrial production and survey on the sentiment from the nation's home builders. to recap market action we gained 123 points, about a percent, 12,076. sales of full-sized pickup trucks seen as an economic indicator have stalled this spring. sales dropped 13% compared to a 4% decline for total auto sales. sales of pickups are usually tied to the needs of workers who have to hall stuff or tow things. still a lot of analysts think the slowdown is

how the markets are reacting and the rest of the business news we turn to nicole lapin live. good morning. >> hey, good morning. futures are significantly higher after wall street struggled to stay near the flat line yesterday. another downgrade of the credit rating. investors continue to worry about a global economic slowdown. we do get a trio of economic reports that we're going to be focused closely on because they are big. producer prices, business inventories and retail sales expected to drop due to weak car sales and best buy reporting earnings before the bell is what we're watching out of cnbc. the dow rose a point yesterday, 11,952 is where we closed. the nasdaq fell 4 to 2639. it's going to cost you more to enjoy the magic kingdom. sorry to say to families with triplets, disney raised ticket prices at the theme park for the second time in a year. it's so painful. i have to tell you. disney world a one-day ticket goes from $82 to $85 but the longer term passes which actually most people buy are seeing bigger increases. five-day pass jumps to $251. times three, i feel

for that and the rest of the news before the well we turn to nicole lapin with the latest.morning. >> hey, very good morning to you. futures are flat this morning ahead of the uss open as investors are concerned about greece's debt problems. the greek parliament started a new round of measures it needs to pass to secure a second bailout. europe is slightly positive. but we get a fair amount of data that could drive us personaling and spending come out today but there are several biggies out this week on the health of the consumer in general. we have home prices that we're looking ahead to and conam sooler confidence and weekly unemployment. to recap the action on friday the dow fell to close at 11,934, the nasdaq lost steam as well, 33 points off, 2652 is where we close there. prices at the pump have dipped slightly over the past two week, a new industry survey shows regular unleaded is $3.63 a gallon, nation wide which is down about 11 cents, i know that california is a little higher, though. analysts say that prices could drop even more as the u.s. and other countries rel

. >>> for the rest of your news before the bell we're going to turn to nicole lapin live at cnbc world headquarters. >> very good morning to you, marla. futures are higher after wall street put in modest gains yesterday. traders are really pointing to relief over the greek parliament voting to pass a new round of austerity measures. but they also say the reents rally may be due to the usual end of the quarter window dressing by mutual and hedge fund managers. europe is also higher. we do get some data out today on unemployment and manufacturing. the dow rose 72 points yesterday. 12,261 is where we closed. the nasdaq also added 11 to 2740. >>> the unemployment rate rose in more than half of the nation's major metro areas last month. the labor department says that was driven by weak hiring in the private sector and the impact of natural disasters, a flooding in the midwest and tornados in the south. christina knows all about that. that's a sharp reversal from april when unemployment fell 90% and most of u.s. cities and metro areas with biggest areas seeing declines -- tourist destination

today in the bay's nicole lapin is live with that and the rest of our news before the bell. good morning. >> hey, good morning. futures are higher after another tough week on wall street markets fell for a sixth straight week in a row amid concerns about global economic slowdown. more disappointing data out of the united states last week, notably from the fed which saw signs of slowing in several parts of the country. there are also worries overseas, especially in europe as officials continue to clash over a new bailout package for greece. no big data today. consumer prices, producer prices, retail, manufacturing and housing to name a couple of things we're eyeing. the dow falling 172 points on friday to recap, 11,951. that's below the key psychological 12,000 mark. it's the first time we hit that level since march of this year. the nasdaq also losing 41. this morning what's in a name? a lot of money apparently. apple is sued by an arizona-based computer communications company over the icloud name. icloud was founded in 2005, apple announced its new online storage service of

for how this and other news will affect the markets this morning, let's check in with nicole lapin who's live at cnbc world headquarters. good morning. >> reporter: good morning, laura. yeah, futures are a little lower this morning after a nice, healthy rally we saw yesterday and that kind of surprised me despite all of the disappointing news on the housing front. specifically a big drop in home prices which is what we saw yesterday. we get a lot of economic data to round out the week. the first of three jobs reports comes out today. the adp employment report tracks private sector hiring and we're expecting companies to have added about 190,000 such jobs last month. but to recap the market action yesterday, the dow actually jumped 128 points yesterday. 12,569 is where we closed. but for the month let's keep it real. it was off 2%. so netanyahu we're a little bit negative. the nasdaq composite gaine paup points. we're starting a whole new month today and hopefully it will be positive for investors who are long these markets and they are looking specifically also to auto sales reports. aut