why nyse? why the stock exchange? because the gap exists to work -- in this area to work with employees who are the ones making all these decisions? the employees of the top-notch companies with top-notch brand. >> this is true. this is one of the reasons i focus so much on trying to keach kids about money, because nobody ever teaching you this stuff as a child, and then you become an adult and you think i have no idea what you're talking about. >> and even if we're lucky we have a generationsh by the time they're adults, this is an education, this has to continue, this is not something that we do and then put it away. winches right, this is not a destination. >> and currently be employed by the companies, they're the ones who made the decisions whether they were equipped properly or not. >> so there are programs targeted with people, how do you do your 401(k)? how do you allocate your assets? you have a few thousand listed companies, they employ tens of millions, that's the workforce we're trying to reach with this s

at the themes in the trading action, my co-host, scott wapner, and bob pisani on the floor of the nyse, and rick santelli is in the bond pits in chicago, and sharon epperson at the merck, and steve liesman and what is the news. >> well, it was not as nasty and loud as people were anticipating, and selling the banks going into it, but then the banks moved modestly, but no, the impact was modest, maria. >> well, scott, i was talking to john harwood who is going to join us in a little while here, and he said that the president is dialing it back a little. and the speech perhaps today showed a little more measured in terms of us versus them, and business being bad and the wall street being the evil doers. >> well, maria, the president was in the wall street backyard today and that is maybe why the tone was more measured, but this is clearly a president making the closing arguments more than anything to the american people, and using words to talk about his regulation saying it was common sense and reasonable, and also something else that we will maybe hear in a sound bite if we have that,

at the nyse, some i agree with the president that the financial industry should stop lobbying to kill the bill. >> we have all lost a lot of money. we were all put at risk. nobody wants to go back there. >> this statue celebrates what they love, a bull market. republicans have a dilemma. they know opposing rules may be unpopular, but thinks the president's words are nonsense. >> we don't want to throw [unintelligible] this is the most important industry for new york city, the financial industry. it can very easily move to hong kong or london. >> this may be the engine room of the american economy, but these people are not too popular. president obama [unintelligible] are you with the american people or the people? >> also in washington, our correspondent assessing the impact of the president's speech. >> over the last five u.s. what do youef's -- make of president obama's push for fundamental reform? >> you have to back it up and look at the broader context. we are in a financial crisis. how do we prevent that from happening again? president obama is trying to figure out how to do tha

i brought a chart along of the nyx, the nyse's stock against goldman sachs. if you look at the two, they're generally correlated. goldman sachs should be priced above 190. and my guess is it's going there. but even as the market goes lower, i think it will go down less. >> do you like those ideas there, sglon. >> i do. grasso has been pounding the table here for the investment banks. i think they're going to bring a lot of product to market. a lot of m&a activity. yes, i think this is an outperforming sector. >> steve is often right on these things. congress goes back to work next week. the administration is fresh and confident off the health care reform. financial reform is flooat leas going to be back in the headlines next week. they're looking for a story right now. here's your fly in the ointment. i think you're right. i think the brokers look great. the deal flow looks great. the headlines aren't going to be good. >> i think financial regulation, as tim said, is coming down the pike. but i think it lacks the punch that people were fearing. so i think tha

jude, sara lee, and same for nyse euronex. >>> you're watching cnbc first in business worldwide. boss: y'know, geico opened its doors back in 1936 and now we're insuring over 18 million drivers. gecko: quite impressive, yeah. boss: come a long way, that's for sure. and so have you since you started working here way back when. gecko: ah, i still have nightmares. anncr: geico. 15 minutes could save you 15% or more on car insurance.

we turn now to bob pisani our man always on the nyse. what have you seen, bob? >> well, newsy day. we have retail sales reports coming out tomorrow. looking at the s&p 500, we did move up a little bit to the highs of the day and that is 1:00 eastern time, when the treasury auction came out and 10-year auction and results better than expected. the 10-year yield was higher and a lot of traders expecting 3.9%, and a really good one which helped the stock market, but for a short while. we dropped after 2:00. a lot of traders attributed to mr. hoenig's remark to raise the interest rates sooner than later. he has made the arguments before, and not a surprise we got a bit of a drop. energy stocks leading the decline as oil moved down in the middle of the day. looking at the etf for gold stocks, and big move up in the last five days and we are talking about 4% or 5% on the upside as the dollar has been stronger, the gold bugs are going crazy over this. the simple story, the euro is notably weaker and people holding euros are buying gold than the dollar directly. talking about the gold stoc

bob pisani is our eye on the floor of the nyse, and what do you know, bob? >> well, we got over 11,000 and it is a tough one to get over. 10,000 to 11,000 in eight weeks which is the last time we were at 10,000 or crossed 10,000. we are waiting for alcoa, and expecting ten cents. this is a transitional quarter for alcoa. the big numbers for alcoa coming in the second half of the year where they are expecting a bigger turn around and am llumi prices up more, but that is the problem with demand weak, but the aluminum prices are holding. and it is the worst performer on the dow is alcoa, and we will get their earnings in a moment. and looking at other material names, maria and i looked at free portds and other materials names, and there you see most of them finishing the day to the downside. how about the big deal at the independent energy sector? and independent energy producers mirant, and genon and demand has created problems for the independent energy producers and we will keep an eye on that for you. let's move on and talk about the banks of ubs announcing

now for the trader triple play and the best trades for next week from our experts beginning at the nyse peter costa president of empire executions and at the cme we have rich regan and at the nymex tim jennings of vantage trading. peter, rome may not be burning but it looks like greece is and, yet, it looks like the dow is up yet again. what gives here? >> i think, you know what it is, you know i'm bearish. i have been on this show and on every show on cnbc and i've been bearish since 9700 -- >> glad to vuiohere, peter. >> i'll be honest. i'm sucking wind with being wrong about my bearish comments but what is happening is a lot of money is coming out of, you know, something, we have a lot of good money, this is what i hate to say to you guys, but we have a lot of good money chasing something that may not be there on u.s. equities. a lot of money coming into the market and coming into europe and coming into the u.s. and looking for some place to be safe where it looks like they'll get a better return. you know, to me, that's not a way to invest. >> rich, pick up on peter's thoughts there

. >> here at the big board, nyse euronext employees who volunteered their time for new york games. and at the nasdaq, the world federation of exchanges and the international options market association. >> there are the bells. we're off to the races. don't yet have a tick for you on the opening market. as i look up here, interesting, the first tick there for the dow is up. >> not anymore. >> and now it's down. but that is the battle of what's going to happen today as we try to get -- >> up and down. >> up and down, up and down. bob pisani can explain more. we'll go through the markets and begin, of course, with you, bob. >> and the important thing is, they're delaying those negotiations over greece because the traffic is all grounded in europe, they can't get anywhere and negotiate with each other. china's down very big today. they're trying to curb property speculation there. so, that's sort of weighing on the asian markets overnight. here's citi, opened up 9 cents, $4.64. big beat on the top line, big beat on the bottom line. securities and banking had a big gain. that was mostly

host: are you traded on the nasdaq or nyse? guest: we are a private company right now. we are owned by private investors right now. host: san juan, puerto rico. caller: i was a flight attendant for many years, and i applaud your idea. you should push a rule for one roller bag, that's it, as an faa requirement. when i went to europe, half of the over bins were empty. european passengers take only one bag. but the carribean or central america, the old 737 would be overweight. so i would like to see this as a requirement for all airlines. thank you. host: thank you. guest: flight attendants are supportive of what we are doing. they are injured by bags, helping people with them and so on. so we expect this to make things safer. the idea of restricting to one roller bag makes some sense. we tend to like the idea where we give customers the choice, to decide what they use, pay for what they use. you can pay for services you like, but you do not pay for them if you do not use them. host: what is the average salary? guest: first officers make about $55,000 a year, captains make

. >> i just want them to promise me if and when they ipo they do it ear at the nyse and give me a callss leaders. their only complaint, hard to get financing from the banks and a little lack of sleep because they're hitting the books and then doing this on the side. >> nothing more powerful than a good idea. they're breaking the mold. >> they are. the mold. great entrepreneur, thank you. cheerful reports from apple and morgan stanley haven't given stocks a lift today. just before the closing bell, dow in the neighborhood of five up at 11,1 2. . >> michael jackson's moves and dance moves will be the subject of cirque du soleil. what nadya suleman says she will not do to support her kids. @@@@ it's great. i eat anything that i want. key lime pie, pineapple upside down cake, raspberry cheesecake... ...yeah, every night it's something different. oh yeah yeah...she always keeps them in the house. no no no, i've actually lost weight... i just have a high metabolism or something... ...lucky. [ wife ] babe... ♪ umm, i gotta go. [ female announcer ] 28 delicious flavors at around 100 calories e