i'm sara eisen here at the new york stock exchange. solid day in the green for the major averages though currently off the highs, the dow, the nasdaq both higher. nasdaq up .6% as we head to the close. >> i'm melissa lee in for wilfred frost. peloton among the top performer stocks in the nasdaq, surging on news of a new ceo, much more on that story ahead treasury yields meantime jumping as investors await a key inflation reading later this week the ten-year yield hitting its highest level since november of 2019, and the energy sector taking a bit of a breather, down 2%, as oil prices slip 59 minutes to go in the session, sara >> coming up on today's show, three ceos from three different industries give us insight into the consumer, the supply chain, and inflation. we'll talk to the leader of makeup giant cody, which is jumping on the back of earnings. also the head of personal care company edgewell, which is moving in the other direction, and after the bell, numbers from chipotle and speak exclusively with ceo michael nichol ahead of h

welcome back to "closing bell" i'm sara eisen along with melissa lee.ike santelli as always cnbc senior markets commentate per ap huge hour of earnings disney, uber, mattel, mgm and trillio. earnings set tobe rees leased moments from now instant analysis of all the numbers and disney ceo breaking down results in a first on cnbc interview before talking to analysts on the conference call. first up on this close, the investment group with us, and from the needham growth fund joins the conversation chris, loading up on some growth names in the quake of a sell-off today? today a rewarding day. >> well, i think mike said it clearly a couple minutes ago as anxiety certainly fading to some extent earnings season is exciting on many names, but what the overhang is on the back end is where does the fed move? how much does it move? and i think we have been somewhat in a bottoming process, which takes some time. so we have been picking away at some good value. investors, able to collect good assets, but also been trimming back on those that have been higher multip

i'm sara eisen up and down session here on wall street giving up in early gains dipping into the redfore recovering dow and s&p near session highs heading to the close. >> good afternoon. and what is driving action today? tracking massive moves following earnings alphabet and amd popping up with strong results while paypal is tanking losing a quarter of its value. private

. >> i'm sara eisen.hat's driving the action as wilfred mentioned, it's all about meta the facebook parent losing a quarter of its volume. worst day ever, pulling down the whole social media complex other faang names also falling in sympathy. also big moves

i'm sara eisen with wilford and another big our of earnings headed your way.co, trip adviser, doordash and fisker >>> first up on the market, wealth management, stephanie from hightower joins the conversation all the "closing bell" greats for wilford's last day. >> absolutely. >>> end the day, i don't know. down 53 points or so how are you feeling about the market, whether it's hit bottom after a really rocky few weeks worries about rate hikes >> well, good to see you thank you guys so much for inviting me on this special day. will, an honor to work with you. i've had a lot of fun. learned a lot. we've talked a lot about the banks especially i think i need josh's tissues before end of the segment. thank you for everything in terms of -- >> the pleasure's all mine. >> oh, thanks. segue into markets i don't think we're out of the woods, sara. it's a choppy market in a trading range, volatility is higher. we have to digest a lot of things one is inflation and the other is the fed two big things and notice that's behind the curve right? not just looking at cpi hea

sara eisen driving action now in this final hour fed mitts from the las

i'm sara eisen stocks try to stage an early comeback but have since moved lower as investors digest the. the dow down 400 points as we head into the final hour of trading. >> i'm mike santoli. let's look at what's driving the action fresh sanctions on russia. russia closed the market and the bank doubled a key interest rate at home, treasury yields are falling hard as investors move to safety and bonds. gold is higher as well while crypto gets a ma

i'm sara eisen all the major averages are in the red, but melissa, well off the lows of the day p. driving the action russia/ukraine tensions front and center again president biden will speak at 4:00 p.m. eastern. we'll take you there live when it happens john williams says he supports a rate hike in march but doesn't seed a need for a big step at that time. and it's another ugly day for growth stocks to soar during

i'm sara eisen at the new york stock exchange stocks selling off the major averages down around session5% for the nasdaq >> worried utrussian invading ukraine frontand center. antony blinken calling on russia to withdraw troops from ukraine border we'll have the latest developments coming un also coming up, jpmorgan's marco colon avich tells us where to look amid all this volatility. >> mike santoli tracking the market action an

. >> i'm sara eisen. let's look at what's driving the actions. earnings remain top of mind. u.p.s. and xm mobile leisure and travel stocks. cruises and airlines are higher, and casinos, theme parks,

i'm sara eisen here with mike santoli.we discuss how sanctions against russia could impact the market and the economy when we're joined by former s.e.c. chair jay clayton and former imf chief economist ken rogoff first up, barbara duran is still with us, and liz young joining the conversation liz, what do you make of this action that we just got into the close, the buying, the nasdaq really took off, the s&p only closed down .25% the dow rallied back from a more than 500 point decline given some of the intense sanctions that we saw -- we're seeing in russia and its economy? >> well, it's encouraging to see some resilience in the market, especially after a day like today. but this, i think, is just a further indicator that the market doesn't know when direction to move on this. i would say this with certainty, i wouldn't be selling at a time when the vix is at 30. i think i want to see some of this dust settle i want to see the market try to figure out a direction to go, and when you have something like the nasdaq turning p

. >> i'm sara eisen. let's look at what's driving the action as wilfred mentioned, it's all about meta the facebook parent losing a quarter of its volume. worst day ever, pulling down the whole social media complex other faang names also falling in sympathy. also big moves including a sharp pullback for spotify, and on the ma ma macro front, a bank of england raised interest rates. 59 minute to go in the trading session. >> we'll be all over the meta mess throughout the show, and also get ready for another blockbuster afternoon of earnings which wile be even more closely watched in light of meta's move. results from amazon, pinterest, snap, ford, and more all moving sharply lower ahead of their results plus, we'll speak with the ceo of hershey about her quarter and how she's navigating inflation, the labor market, the supply chain, and much more >> staples are the only sector higher right now in the s&p. let's focus on the big stories we're watching mike santoli tracking the market action, and alex from b

. >> i'm sara eisen. let's look at what's driving the actions. earnings remain top of mind. u.p.s. and xm mobile leisure and travel stocks. cruises and airlines are higher, and casinos, theme parks, and movie theaters all popping >> the energy sector also surging to start the new month after climbing nearly 20% in january. we have 59 minutes left to go in the session. >> coming up on the show today, we'll talk with former citigroup and time warner chairman dick parsons about his efforts with the equity alliance funds that invest in underrepresented founders and managers. plus, get ready for a barrage of earnings after the bell, including results from alphabet, gm, match, and more. we'll bring you that as soon as they cross plus, an exclusive interview with the cfo of match ahead of his call with analysts >> let's get to the stories we're watching mike santoli tracking the market action on this first trading day, and joining us with her take on where to invest is rebecca patterson from bridgewater. mike, start us off mini rally into the close. what are you watching? >> i would say a

i'm sara eisen here at the new york stock exchange.ay in the green for the major averages though currently off the highs, the dow, the nasdaq both higher. nasdaq up .6% as we head to the close. >> i'm melissa lee in for wilfred frost. peloton among the top performer stocks in the nasdaq, surging on news of a new ceo, much more on that story ahead treasury yields meantime jumping as investors await a key inflation reading later this week the ten-year yield hitting its highest level since no

i'm sara eisen in the green for wall street building on solid gains for the week actually s&p havingrforming nearly 2% heading into the close. >> i'm melissa lee look what's driving action making optimistic comments for cnbc about inflation, hopeful about decline through spring and summer

i'm sara eisen in washington, d.c. today stocks sinking midday on concerns about increased tensions between russia and ukraine and a potential invasion we have all the detail coming up >> i'm melissa lee in for wilfred frost. as stocks are sinking, oil is rising it's up by about 4%. coming up on the show, eurasia group president ian bremmer will join us to discuss the potential market and geopolitical fallout in a few minutes, leon panetta will join us with his take on the events >> we have full coverage of this developing story for you kayla tausche here in washington mike santoli at the stock exchange, and jan is standing by kayla, let's start with you and what we have learned >> the white house says russia may invade ukraine in a matter of days, underscoring the use has not reached a definitive conclusion that vladimir putin has decided to go forward with an invasion, but putting a finer point on what one would look like and when. here's the national security adviser. >> now, we can't pinpoint the day at this point.

i'm sara eisen here at the new york stock exchange. bit of a relief rally for stocks today, but the dow, s&p up about 1% nasdaq up 2%, first gain in four sessions >> i'm wilfred frost let's look at what's driving the action russia has pulled back some troops around ukraine, easing concerns about rising geopolitical tensions there. president biden set to speak about ukraine in about thirbt min 30 minutes with that news, oil dropping, and energy the worst performing sector on the s&p 500. as a result. also of note today, small caps outperforming what the russell 2.5% >> coming up thon show, we'll talk to two airline ceos about the return to travel delta's ceo, ed bagz, jetblue's robin hayes will give us their take on the industry >> plus, we're gearing up for a big hour of earnings airbnb, wynn, roblox all set to record "mad money's" jim cramer will give us his snanlinstant analys soon as the numbers cross. >> mike santoli is tracking the market action for us, and alex from the eurasia group here with the latest on the conflict between r

i'm sara eisen at the new york stock exchange stocks selling off the major averages down around session lows, more than 1.5%, down 2.5% for the nasdaq >> worried utrussian invading ukraine frontand center. antony blinken calling on russia to withdraw troops from ukraine border we'll have the latest developments coming un also coming up, jpmorgan's marco colon avich tells us where to look amid all this volatility. >> mike santoli tracking the market action and kayla tausche in washington. let's start with mike and the sell-off we have seen accelerate this afternoon >> definitely a heavy market today. a low intensity sell-off, i would say, slouches in this direction. and we basically have given up two days worth of upside, so right now, we're slightly below monday's closing level, just about 4400 on the s&p 500. intraday low on monday, less than 1% below that so it's still a little bit of a fragile situation. not yet getting back to those intraday lows for the s&p back in january 24th. it's 4220 and change is that a net positive that we actually managed to stay above it when you had that

i'm sara eisen here at the new york stock exchange.lly for stocks today, but the dow, s&p up about 1% nasdaq up 2%, first gain in four sessions >> i'm wilfred frost let's look at what's driving the action russia has pulled back some troops around ukraine, easing concerns about rising geopolitical tensions there. president biden set to speak about ukraine in about thirbt min 30 minutes with that news, oil dropping, and energy the worst performing sector on the s&p 500. as a result. also of note today, small caps

i'm sara eisen in washington, d.c.tocks sinking midday on concerns about increased tensions between russia and ukraine and a potential invasion we have all the detail coming up >> i'm melissa lee in for wilfred frost. as stocks are sinking, oil is rising it's up by about 4%. coming up on the show, eurasia group president ian bremmer will join us to discuss the potential market and geopolitical fallout in a few minutes, leon panetta will join us with his take on the

i'm sara eisen up and down session here on wall street giving up in early gains dipping into the red this session before recovering dow and s&p near session highs heading to the close. >> good afternoon. and what is driving action today? tracking massive moves following earnings alphabet and amd popping up with strong results while paypal is tanking losing a quarter of its value. private payrolls, adp, jobs in january. and treasury moving lower on that move. and a large portion of the country under a weather alert. >> session highs up 0.8 percent on s&p speak with ceo of swiss pharma about today's earn, results and the company's latest efforts to combat covid encouraging news on the anti-viral front. >>> another jammed pack session coming your way after-hours from meta, qualcomm, spotify and t-mobile and exclusive interview with ceo of t-mobile ahead of his call with analysts. >>> focus on big stories watching today and joining us to talk about today's plummet, from wedbush, and start off with the markets looking pretty good again now. >> yeah. market feels more in gear more so than

i'm sara eisen here with melissa lee who is in for wilfred frost and mike santoli as always, cnbc senior commentator another huge hour of earnings coming up. we'll bring you results from take two interactive, amgen, chegg, simon property, just moments away lindsey bell from ally investment is still with us, victoria green from g squared private wealth joins the victori think your value over growth strategy, that was the day we had today. energy did well, financials did well, technology underperformed. why are you sticking with this idea >> how could not not want value in an inflationary environment commodities are the best place to beat offset inflation right now, there's nothing stopping them. so that's where i want my clients positioned i don't want them taking hits on multiples. i want them to benefit from the environment we're and in the energy sector, while it's had a great run, i'm not sure what about to knock it off. >> does it concern you, victoria, that the energy trade has been so far so fast? a lot of people are just saying it's gone too far too fast so you have to ease up on

i'm leslie picker in for sara eisen along with wilfred frost, and mike santoli, cnbc senior markets commentatorormer atlanta fed president dennis lockhart on where the fed could be even more aggressive after the better than expected jobs report >> plus, jonathan dusken on the retailer's move to adopt a poison pill plan in order to ward off a potential hostile takeover joining us to wrap up the market day are chris retzler, and cameron dawson thank you both so much for joining us mike, i want to start with you what's your sense to why the broader market index seemed to lose steam at the end of the trading day? >> it's not clear except that all along the way, we have been sort of operating in this no man's land had a nice bounce, gained back about half of what was lost in january, and couldn't push it through there. you could pull back and say, again, seems like a week ago monday, that was a really decent flush to the downside. that low did give way to this really very strong bounce. no reason to think there's a kind of an immediate need to go back and check that out. we have a higher low on the

i'm sara eisen here with wilfred frost and mike santoli, as always coming up this hour, investor dane broader market falls again >> charlie from aerial investments is still with us, peter from weekly advisory group joins the conversation welcome to you, peter. peter, what's your assessment of the current risks right now in the market, the fed, ukraine, and just how far along the stock market is toward pricing in some of these worst case scenarios. >> well, i think what we have seen so far is a valuation rethink that really started last year with all of the high flyers, that sort of metastasized in january. the question now is, to what extent do these rate increases start to slow economic activity. because we know the two things that drive stock prices being earnings and the multiple. well, the multiple has contracted but earnings estimates have not i have to believe that it will be hard to avoid an economic slowdown with higher interest rates, and that at some point those earnings estimates will begin to fall. >> peter, is gold finally going to catch a meaningful bid? i mean, it has

i'm sara eisen all the major averages are in the red, but melissa, well off the lows of the day p. i'm melissa lee. let's look at what is driving the action russia/ukraine tensions front and center again president biden will speak at 4:00 p.m. eastern. we'll take you there live when it happens john williams says he supports a rate hike in march but doesn't seed a need for a big step at that time. and it's another ugly day for growth stocks to soar during the pandemic with some names getting hit hard after their earnings reports. >>> existing home sales posting a big beat in january despite a record low supply. we'll discuss what's in store for the housing market with ivy zelman >>> plus, president biden set to speak this afternoon about the conflict between russia and ukraine. rbc's helima croft who just got back from the middle east is here to weigh in on how the political tensions are impacting the energy sector. >>> mike santoli is tracking the market action and monitoring developments between russia and ukraine. mike, we start with you. >> we obviously have this apprehensive ma