seema mody has those numbers and much more. please stay with us. kudlow. >>> welcome back to "the kudlow report," i'm seema mody. earnings are in full swing and here is where we stand. so far, 50% beat street expectations. 13% have come right in line and 37% have missed earnings estimates. this morning we heard from general electric. g.e. profits rose 5% as it saw growth in industrial business, thanks to strength in the u.s. and what the management called a mixed environment in europe. next, we've had a lot of focus, of course, on financials. let's take a look at which companies will be reporting. 70% of the s & p 500 companies and pharmaceutical firm johnson & johnson on monday. then we get a read on the consumer from starbucks and mcdonald's. technology is also on the spotlight. expert earnings from ebay, microsoft, and netflix. that's a sector to watch next week. larry? >> seema mody, thanks very much. >>> good news is good news, period. today, manufacturing, strong. housing starts, solid. the government's job index shows more job openings and a

and cnbc's own seema mody. ema, before i go to my pal for his throw away pessimistic card, can you tell me what happened today? >> clearly a lot of i htraders ready to buy the dip. it was one of the sectors hit hard by the recent selloff. second is better than expected earnings from the likes of facebook and google. within health care, it's pharmaceutical companies. on the flip side, the u.s. dollar continues to see the flight to safety. >> absolutely. >> so bullish. kenny, did i read that right? you heard seema, the dollar is surging. the economy is rising. profits are growing. now, i'm not timing this. >> right. >> i'm just saying this is good news and good news is good news. >> good news is good news. but listen, let's not forget, the market has had this great run, right? in anticipation of what this good news was going to be. and in fact now you're getting some good news but yet the market is not necessarily got this real strong conviction that it wants to move higher, right? so i think what you're going to

i'm seema mody. it's been a strong day for yelp.e price target to $89 a share from $75 a share. the firm citing yelp's strong local ad coverage. tyler and sue, back to you. >> thank you very much. >>> we're watching microsoft today, along with a lot of other people. the software giant said to be close to naming its new ceo. one thing we do know, it won't be ford's alan mulally. josh lipton is in silicon valley with the latest list for us. >> reporter: yeah, this is a tough ceo search and it just got tougher. ford's ceo alan mulally saying he will remain at ford through at least 2014, ending speculation that he will be microsoft's next ceo. israel hernandez of mkm says the problem here is tension in the microsoft boardroom. activists want a financial engineer. gates and palmer seem to want a technologist. speculation now turning to a number of microsoft insiders. there is the former nokia ceo who understands mobile technology, worked at microsoft before taking over nokia. analysts do question his tenure at nokia where the stock nosed

seema mody has insight into apple's results. what are the big take aways you see in the numbers? >> the disappointing iphone sales. apple sold 51 million iphones in the first quarter where wall street expected around 54 million to be sold. that means apple is dealing with saturation at the high end of the market. the amount of iphones sold in the first quarter fell short of street consensus so while the overall earnings and revenue numbers beat estimates, it's the iphone and ipad sales that worry the street. that's why we're looking at shares down after hours. tyler? >> all right, seema mody thank you very much. >>> up and down session on wall street despite brief flurries and not snow, the majors extended last week's losses. investors were chilled by a 7% declining and the currencies and economies with several emerging market countries and the fed meeting that begins tomorrow. taper talk didn't cheer the markets very much today, either. the dow down 41 points, the nasdaq was off 44 with the tech sector weighing on the index and s&p lost eight. >>> the biggest gainer in today's l

seema mody takes a look. >> reporter: they say home is where the heart is, but in 2013, home is where the money was. 1/3rd of all companies that made 90% or more sales in the u.s. beat the s&p 500 thanks to an improving economy and stronger dollar but this year investors may be wise to expand horizons. strategist advice to buy multi-nationals in 2014 because better economic data is likely to come outside the u.s. in the coming year. john says if you're going to take a global approach in investing in 2014, stick with consumer discretionary stocks. >> because we're beginning see around the world a development of culture that mimics the u.s. consumer, and just as the consumer led the u.s. markets back, we would expect that will happen both in europe, as well as in asia. >> reporter: which consumer focus companies look attractive? he says nike, mattel, harley davidson and tiffany are some stocks to consider, but be forewarned, several experts caution any type of distress like political dysfunction or security concerns overseas could send investors right back home. for "nightly business re

we find seema mody at the nasdaq, down 1.5% today. >> the nasdaq 100 just broke its 50 day moving average. the nasdaq now down about 4.4% over the last three days. the worst three day drop since november of 2011 and it seems like that momentum trade is being unwound here. you take a look at some of the biggest losers. tesla now the worst performing stock on the nasdaq 100. social media stocks which had their fair gains in 2013 are also moving lower. you are seeing facebook shares getting hit. facebook reports earnings later this week. all eyes will be on mobile ad revenue. then you look at biotech, the biggest losers there. we have celgene, biogen down more than 2% today. seems like investors are trying to sell some of their winners and we all know biotech has been one of the winning sectors in 2013. lastly, one of the big losers in tech is cisco. jpmorgan downgrading that stock to underweight citing its excessive valuation as well as weakness in emerging markets. back to you. >> thank you very much. >>> over the past week, cnbc has been warning of emerging problems on the horizon. those

seema mody has been looking into it. what did you find, seema? for the gradually improving u.s. economy and a stronger dollar, sticking with stocks that make their money here at home was a recipe for success in 2013. according to companies that generated 90% or more in revenue in the u.s. beat the s&p 500 33%. some on the street are taking a more global approach. in fact, b of a merrill lynch is advising to sell u.s.-centric stocks and multinationals. she said it's likely to come from outside the u.s. in 2014. advising them to stick with consumer discretionary names that are looking to profit from the well emerging markets. his picks include nike, mattel and harley-davidson while thomas lee at jpmorgan is focusing on companies that can benefit from europe's recovery. some of the s&p 500 components with european exposure include priceline, philip morris and mcdonald's. now, tile, though, keep in mind, experts caution that a rise in inflation in emerging markets, political dysfunction and security concerns overseas could send investors right back h

many thanks as always to cnbc's seema mody. now let's move on.ir ben bernanke's last hurrah as he took the podium for the final time we think today. so what did bernanke say? let's ask cnbc's own steve liesman, who was inside the aea conference today during the bernanke speech. good evening, steve. >> good evening, larry, from philadelphia at the american economics association annual meeting where fed chairman ben bernanke gave his last major policy speech as chairman. he is scheduled to leave january 31st if, as expected,ing janet yellin is confirmed by the senate next week. the fed chairman said that the headwinds that had restrained the u.s. recovery since the financial crisis have abated. >> the combination of financial healing, greater balance in the housing market, less fiscal restraint sxfrks continued monetary policy accommodation bodes well for u.s. economic growth in coming quarters. >> maybe more interesting than his comments on the u.s. economy was his forecast for better economic growth abroad. he gave some of his most upbeat outlook

i'm seema mody. check out shares of buffalo wild wings, now at session highs. we can only speculate, but the reason could be the super bowl. the national chicken council said an estimated 1.25 billion wings will be eaten during the big game, up 20 million from a year ago. wonder who's doing all that counting. tyler? >> or all that eating. i will have one billion of those wings. jittery january. if you believe this is the start of a correction, how can you protect yourself? dominic chu looking at some winners and losers, the last time we had a steep correction. >> it's interesting because if you take a look at what's happening with the overall charts and whatnot, if you look at the s&p 500, go back to april and october of 2011, that's where you really see this movement in stocks. that's the real key here. they dropped about 17%, 18% that time around, the last true technical correction, if you will. now, the reason why it's important was there was an interesting mix of the winners and losers. on the wi

seema modie is back. seema? >> sue, at session lows here on the nasdaq as well.n on where the weakness is. for one, social media. facebook, twitter, groupon shares underpressure and biotech, red hot stocks there trading lower, although analysts say despite the moves, bullish on biotech for the long run. two reasons. new drugs brought to the market and second a growth potential in biotech if the global company improves especially. on the winning side. if5 networks, ebay, surge on networks. turning to semiconductor and microsoft, tech heavyweight and coffeestarbucks. all three reporting earnings after the bell. >> seema, thanks. >>> it's a decidedly negative session for both of the indices. all three major indices, actually. even the broader based russell down towards the low of its trading session. people are moving into the bond market and rick santelli tracking the action at sme in terms of the bond market and currency market seeing action today. >> moving in and plenty of u-haul trucks available because nobody expected this type of move. it's been all downside

last time we can do that. >> there you go. >> seema mody, thank you very much.ou'll hear it every day from the democrats. their constant yelling about income in equality and how it is allegedly killing our economy. not so fast. we'll debate the facts about what's holding back wealth in america and how to fix it. next up on kudlow. >>> all right. the new big issue for the obama democrats is income in equality. they think they are going to win it in the november elections, they are wrong. their whole analysis is wrong and more government taxing and spend cigarette wrong. instead it's family break up and poor education that is the real problem. i hope the republican party gets that message out. now, we'll talk, debate. we have democratic strategist and economist mark levine, and c-nbc economist. jimmy why won't democrats acknowledge this family break up instead of tax the rich. >> maybe they are uncomfortable with tissue. remember they did that, life of julia cartoon where it showed the single mom and her daughter and government had all these services, making the p

. >>> welcome back to the kudlow report, i'm seema mody with a news report, there will not be a chryslerfiat is buying it instead's paying $6.5 billion for the company owned by the auto worker's health care union's trust. what was saved by taxpayers is now completely in the hands of a foreign company. >>> in other news, all 52 passengers were rescued from a ship that had been trapped in antarctica, the ship is safe, they have plenty of supplies and several rescue attempts had to be called off due to wind and snow that expedition's goal was to find more information on global warming, but they got caught themselves. >> no global warming, and the american taxpayers financed an italian car. >> those are the top stories. >>> okay, many thanks, seema mody, appreciate it as always. now, let's look at the giddy way most of the news media seems to be covering the legalized marijuana sales in colorado today. >> starting on a high note in colorado, the first recreational marijuana stores in the u.s. opening this morning in denver. >> we're at a motel, we're going to hang out and get high. >> yeah,

seema modie. social media, a fast growing part of tech on fire getting a lift from facebook's strong earnings. linking in others posting gains. sue and tyler? >> seema, thanks. >> it's sue. oh, no. >> ty, we can both do it together. facebook on fire on the back of its earnings. the stock hitting a new record having its best day since last july. let's look what the stock is trading at now. up 14.2/3%. julia boorstin live in los angeles. hi. >> facebook past expectations for revenue, earnings, noble growth and user numbers. shares trading, all-time high. first time a majority if revenue, advertising revenue from mobil and first time it topped $1 coo saying it paid off and pushing for sophisticated measurement of impact of its ads and changes to make it easier for small and medium sized businesses to advertise on the site. with the stock up 61.5% or so since its ipo dodged questions whether it's losing popularity among young teens pointing to overall user and engagement growth. the ceo zuckerberg is l

seema mody is getting ready for it. >> a lot of big names are on my list, including netflix.of the game in two minutes. "power lunch" back in a flash. ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. lease this 2014 cadillac srx for around $319 a month with premium care maintenance included. ♪ i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our l

let's go to seema mody for a market flash. >> good afternoon. we want to revisit sotheby's. the stock opened higher on news the auction house will return $450 million to investors but the moves are getting lukewarm reception from investors, including one of the activist hedge fund managers who has been pressing for changes. richard mcguire's mercato capital management which was a 6.6% stake, said the steps didn't go far enough. dan lobe is the other activist calling for change. no comment from him so far. he is the company's biggest shareholder with a 9.3% stake. tyler, over to you. >> thank you very much. >>> we move now to the emerging threats around the world. tur symbol is the biggest bear that follows the turkish market, down 8.5% as the graphic shows. michelle caruso-cabrera is in istanbul on the ground there reporting on three themes this hour. first, turkey's central bank and the impact it could have on global fears. second, what turkish business people are saying. and who is turkey's president blaming for all this uproar? michelle, over to you. >> reporter: thank yo

seema mody focusing on the big picture. >> analysts are forecasting for this quarter, that's going to be weak revenue growth. while we are seeing a reacceleration in gdp growth, that hasn't translated into higher sales estimates for this quarter. for q-4, thompson reuters is estimating a .4% jump in sales versus 3.4% that we saw last quarter. europe will also be in the spotlight this season. analysts are betting that tech will benefit from the ongoing recovery in europe. tech companies that have exposure to europe include harmon international, electronics arts and priceline. last quarter, priceline saw an uptick in european sales. analysts say the european online travel market could offer considerable growth opportunities for priceline and the broader online traffic market, travel market, excuse me, going forward. when it comes to emerging markets, experts have a mixed opinion on business conditions. last quarter, young brands and nike were cautious on china while general mills saw strength on its earnings call. management said we had a very strong quarter in china and have seen terri

seema mody live this morning with details on that and wall street has a slow start so far. good morning. >> that's right. futures lower after the markets had a muted response to friday's jobs report which showed fewer jobs created in december than expected. however, the unemployment rate dropped to 6.7%. some experts blame the slow job growth on bad weather. the focus this week earnings which kicks off tomorrow. analysts expect earning growth to rise 6% in the fourth quarter t dow falling 8 points, the nasdaq up by 19. target ceo speaks out for the first time since the retailer was hit by a massive data brief in the holiday shopping season. friday target said more than 100 million accounts were compromised. greg stein hoeffel says while the full extent is not known he is confident target stores are safe and secure. more than 30 states are involved in a nationwide probe. neiman-marcus says it was hit by a hacker attack during the holidays. the retailer says it's unclear how many customers may have been impacted. hackers stole data from three other retailers in december. walm

thank you very much, seema mody.ay shopping sales figures, the final, the formal, the official ones are out. the national retail federation says sales in november and december rose 3.8% compared with the year prior. about $602 billion. i spent $601 billion of that. that's just shy of the nrf's -- mostly on you. on the nrf's 3.9% estimate. but sales did rise year over year, so which retailers are feeling the most pain heading out of the gate in 2014? pain? >> pain this time around because we were talking about how they were the best performers last year. take a look at this time around. black friday until the end of the year in 2013, the holiday shopping season saw some pretty big losers as we saw names start to lose momentum on that retail trade. check out express at malls all over the country, down 24%. that stock. also, ulta beauty, health, hair, beauty products, that store down 24% in terms of its stock price. then there's embattled retailer sears, which no surprise here, it's been down for awhile but it was down

. >>> now for your first look at business, we turn to seema mody. >>> google is on your pc and now itts to be on your wall. they are buying a company that makes smart thermostats. in other news, congress unveils a $1.1 trillion spending bill to avoid another government shutdown.measure funds the government through september and raises spending levels slightly for domestic and military programs, but not obamacare. and pizza hut plans to start offering pizza by the slice attest locations. slices will cost $2 to $3 and take a few minutes to heat up. pizza hut is competing with other rivals such as chipotle in the quick made to order business. >> all right. thank you. and coming up, scrambled politics including a new punishment in wyoming. and mitt romney shows he can get down. ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. lease this 2014 cadillac srx for around $319 a month with premuim care maintenance included. ♪ purina dog chow light & heal

. >>> all right, now for your "first look" at business with cnbc's seema mody.morning. >> betty, good morning. here's our top story. a u.s. appeals court strikes down the fcc's rules on net neutrality, which require internet providers to treat all web traffic equally. the ruling could give broad band service companies leeway to charge content providers more to use higher-speed networks. >>> and general motors will start paying a stock dividend for the first time since 2008. before the automaker filed for bankruptcy. it comes as gm reports global sales rose 4% last year, helping it secure a second place behind toyota. >>> and viacom plans to launch a customized kids tv channel. my nik jr. can be programmed based on parents' taste with on-demand access to hundreds of episodes of shows like "dora the explorer." betty? >> thank you, sima. >>> and governor chris christie is going south, and the biggest political stories driving the day. all of that is next. from the classic lines to the elegant trim in each and every piece, ♪ kohler will make your reality a dream. my

let's send it out to seema mody for a quick market flash. seema? >> welcome back to "closing bell."he big movers after hours. amazon falling big after hours, this after reporting weaker than expected fourth quarter earnings and revenue. the stock currently trading down by 9.8% after hours. now to zynga. zynga reported a fourth quarter loss of 3 cents a share, a penny better tharn the street was expected. revenue came in higher than expected. it also reported a solid 2014 outlook. the stock was halted. it just resumed trade and now up 20% after hours. talk about big moves, kelly. >> wow. a couple of them. thanks very much. speaking of big moves, at least one retailer isn't suffering because of this winter's bitter cold. under armour reporting better than expected fourth quarter results, thanks in part to its cold weather gear. shares today more than 22% higher, rocketing the stock to a new all-time high. joining me with more on those earnings results and also here to unveil the company's newest product is under armour ceo kevin plank live at grand central terminal in new york city ah

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receive seema mody saying the tech sector is the place to be.om chu says you should bank on the finals. they'll go head to head later on "the closing bell." that's righ. it's just that i'm worried about, you know, "hidden things." ok, why's that? well uhhh... surprise!!! um... well, it's true. at ally there are no hidden fees. not one. that's nice. no hidden fees, no worries. ally bank. your money needs an ally. does it end after you've expanded your business?? after your company's gone public? and the capital's been invested? or when your company's bought another? is it over after you've given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours. make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> a weak december employment report this morning, just 74,000 jobs added. the participation rate falling. the reports citing the weather as a key factor, but is that really the main facto

let's see what seema mody things. good morning. >> good morning to you, scott. futures are lower after the markets had a muted response to that jobs report as you pointed out so that of course will be something that the market watchers will continue to watch. another thing that investors will watch is the kickoff to earning season which kicks off tomorrow. we have jpmorgan and others reporting about a 29 to 30 companies reporting that will be reporting this week. financials in focus, jpmorgan as i said yesterday, wells fargo and so that will abcatalyst. >> intel we get thursday. tesla switching out the chargers for the people use at home to recharge cars on fears the original chargers could cause a fire. these are not the big chargers that tesla has installed at highway stops but rather the home use chargers. tesla is going to swap them out for free. and then speaking of bad charges, target ceo defending the decision of delaying the announcement of the big hack that stole bank account data. tracie potts is going to have more from washington. friday, we told you

seema mody will break those down next. >>> and to taper or not to taper. what do you think the fed should do? and can you put it in shakespearean prose? tweet us. we'll reveal your best responses later. it's @cnbcclosingbell. we'll be right back. it's @cnbcclosingbell. >>> welcome back. want to send is straight over to sheila with a quick market flash for us. >> shares of american eagle are spiking after the chairman bought 500,000 shares on january 24th. stock currently trading above 3%. scott? >> sheila thanks so much. with more than 25% of companies on the s&p 500 having reported earnings so far, our seema mody has been tracking the trends that are starting to emerge. one being the impact of the stronger dollar on companies that operate globally right, seema? >> that's right. this easternrnings season several companies have mentioned the fluctuation in currencies as a headwind. nike said weaker international currencies reduced gross margins and eroded the u.s. dollar values. ibm got specific saying it had been significantly impacted by the depreciation

so that's his take on dividends in 2014, but if your appetite leans toward growth and yield, seema modyed some of the so-called hybrid stocks that might be worth your attention as well. seema, what did you find? >> as rates pick up, b of a says expect investors to shed the extremes of high yield or high growth around find a hybrid. we went looking for stocks with consistent earnings growth and an attractive dividend and found quite a few in the financial and technology sector. bank united, wells for go, u.s. bank corp all offer a dividend yield higher than the s&p 500's average of 2% and these companies have witnessed steady earnings growth over the past three quarters. and within the technology space, cisco, it's latest earnings were impacted by weakness in emerging markets, but it's seen an 18% jump in earnings over the past one year. cisco has also consistently increased his dividend payout over the past three years. now, another hybrid tech play is symantec. growing concerns over data breaches could result in corporations shemilling out mor cash for security. investing in the hybrid

seema mody is there. >> reporter: there's a slightly defensive tone to this market.ok at the nasdaq 100, it's the large cap tech stocks that are leading today while the high-flying names are lagging. netflix down 4% on a morgan stanley downgrade, the worst performing stock on the nasdaq 100, as well as the s&p 500. despite the big moves, there are some pockets of strength. yes, we spoke about large cap tech but there are some other big movers. 3d printing, for example, 3d systems announcing a collaboration with intel to make 3d printing and scanning more mainstream. that's been a big goal of the overall industry is to make 3d printing marketable to consumers. the consumer division of stratasys unveiling a couple products at the consumer electronics show. they're in the green. lastly, bullish comments from morgan stanley on casino players that have exposure to macau. more high rollers expected to cash in their wins this 2014. >> seema, thank you very much. >>> great expectations, wall street ramping up growth estimates for the u.s. economy following, we will tell you

." >>> i'm seema mody. stocks down across the board on the first trading day of 2014. the nasdaq down 33. a sign the labor market is improving, the number of americans filing for unemployment benefits dropping for the second week down by 2,000. manufacturing grew at a healthy, yet slower pace in december, a jump in new orders suggests continued growth in 2014. and the average rate for a 30-year fixed mortgage rose this week to 4.53%. and that's your cnbc market wrap. we're gonna be late. ♪ ♪ ♪ oh are we early? [ male announcer ] commute your way with the bold, all-new nissan rogue. ♪ we still run into problems. that's why liberty mutual insurance offers accident forgiveness if you qualify, and new car replacement, standard with our auto policies. so call liberty mutual at... today. and if you switch, you could save up to $423. liberty mutual insurance. responsibility. what's your policy? you wouldn't have it she any other way.our toes. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the mom

. >>> i'm seema mody with your cnbc market wrap.anke assures investors rates will remain low. that helped the dow end the day with a 28-point gain. s&p 500 fell a fraction. the nasdaq, though, losing 11. december wasn't a standout for the auto industry, but 2013 was pretty good. ford posted a slight sales gain, but sales rose 11% for the year, a six-year high. as for gm, sales fell more than 6% last month. for the year, though, they were up 7.3%. and that's it from cnbc, first in business worldwide. e the cut♪ ♪ no need to chuck, donate or burn them ♪ ♪ just pack them in our flat rate box ♪ ♪ we'll come to your door and return them ♪ ♪ gifts you bought but never gave away ♪ ♪ or said you liked but thought were cheesy ♪ ♪ you don't even need to leave your house ♪ ♪ we'll come and take them, easy-peasy ♪ [ female announcer ] no one returns the holidays like the u.s. postal service. with improved priority mail flat rate, just print a label, schedule a pickup, and return those gifts at a same low flat rate. we are the thinkers. the job

seema mody, thank you. simon baker, you are buying best buy? >> yeah. we like the story. if you look at it you get the sellers exhaustion in there. the same store comps bottomed out so it's got a good catalyst going forward. sbertd sales continue to go forward. it's a good longer term rate. think gap 2010. >> murphy is shaking his head as you're speaking. >> he's always shaking his head. he's not long netflix. >> i don't own netflix but i definitely wouldn't be buying best buy. we talked about best buy at $40 a share. you try to understand why best buy went from going out of business in the end of 2012 to being the best performer at the end of 2013 and then you see the stock performance now. there was no reason for it. it was over priced. people got ahead of themselves in the stock. down here around 23, 24, maybe 25 is a fair value. but there's nothing out there that's going to push best buy up over $30 a share. >> coming up, should you be a buyer of yum ahead of earnings or will chine that burn the longs? we have a bull and bear squaring off. you're going to we de side t

seema mody has been doing research into this. what did you find? >> investors are already shifting from high yielding dividend stocks to growth stocks. however, as rates pick up and the economy accelerates, shed the extremes of high yield or high growth and find a hybrid of the two. we went looking for stocks with strong earnings growth and also paid a solid dividend and found quite a few in the financial sector. bank united, wells fargo, you say bank corp have seen earnings grow over the last three quarters and offer a dividend deal that is higher than the s&p 500 high of 2%. other attractive stocks are in the tech space. cisco has seen earnings grow over the past year and is sitting on $50 billion of cash plus analysts say recovery in emerging markets could help it outperform in 2014 and it has consistently increased its dividend payout over the last three years. analysts saying growing concerns over data breaches could see companies allocating more capital towards security which could boost the bottom line. investing in hybrid stocks is most app

the biggest winner, though, is the nasdaq, 1.5% move, which is why you saw seema mody at the top of there. over to you. >> good afternoon. yeah, talk about a comeback. you will see right behind me, it is green across the screen. the nasdaq witnessing its best day in two months and what's interesting about this is that

to get more on that, seema mody is with us at cnbc hq. hi, seema. what are you going to start with?t with gm. of course, a lot of auto news. when it comes to gm, the company will start paying a quarterly dividend at 30 cents a share in march. it's the automaker's first common stock share in june 2008 before starting with bankruptcy. gm had been pressured to reinstate the dividend since before the treasury department sold off its remaining stake. it will cost nearly $1.7 billion. it comes as the company says durable sales rose to 1.79 million vehicles. u.s. sales rose 7%. that helped gm secure secretary place behind toyota. shares rose 3% in after hours trade. >>> ceo elon musk is disputing the use of the word "recall" by safety regulators. tesla's most la week to provide upgraded wall adapters and charging software for about 29,000 model s sedans as a recall citing the risk of fire. that comes after a garage fire in november which authorities say may have been caused by a charger. on cnbc's closing bell, musk says no vehicles are being physically recalled. >> it doesn't make sense t

coming up next full coverage and seema mody on what drove today's selloff and whether it's a bad signtation safety board speaking out about monday's train derailment and fire in north dakota and if rail is the safest way to transport crude oil. you don't want to miss that interview. coming up you're watching cnbc first in business worldwide. how did edward jones get so big? let me just put this away. ♪ ♪ could you teach our kids that trick? [ male announcer ] by not acting that way. it's how edward jones makes sense of investing. ♪ ♪ [ male announcer ] even more impressive than the research this man has at his disposal is how he puts it to work for his clients. morning. morning. thanks for meeting so early. come on in. [ male announcer ] it's how edward jones makes sense of investing. >>> welcome back. it looks like the new year's resolution of many investors was to begin 2014 by taking some profits off the table. is this a bad omen for the rest of the year? let's see what we have here? dom, first to you what jumps out to you about the action? >> it's interesting all day we highlighte

joining me are oun sara eisen, robert frank, and seema mody evan newmark and for more on markets, mariank ago. did you really expect it to look like this? >> i think i said something. broadly speaking. it could have been worse. i mean it's not the end of the world. investors shouldn't lose sleep over it this weekend, but you know what? earnings have been mixed, and frankly, i think the market is looking for an excuse to sell. the s&p was up 32% last year including dividends. it's not going to be up another 10% in the first month of january. >> the decline for a double digit year just got tougher. >> you have to look at the rate of how things are selling off. you look at some of the extreme moves and investors around the world, whether you're trading equities, bonds, whatever are watching these markets. you're seeing record lows for the turkish lir raa, the argentine peso. when you start to see moves like this you start to see spillover to other emerging markets currency. then you start to think of the engines of the global economy and the fast-growing economies there, and if you're not d

seema mody joining us from the nasdaq and rick santelli from the floor of the cme. thoughts. >> i'm not so surprised. i'm not really sure people should be so surprised. the market has been struggling. no real reason to move higher. we keep hitting our head at 1850. they keep talking about how earnings are great. in fact, we've had some real big misses in the names that really mean something, right. some of the big industrial names we've had some big misses. so in time, i think people are starting to really digest these earnings and what it really means. then you have the fed suggesting that maybe next week they're going to taper even more again and that clearly makes people nervous. then throw in that negative chinese data this morning, and it gives people a reason if they were on the fence, a reason to make money off the table. as you know, this wasn't panic selling by any stretch. it wasn't like people were throwing everything out in the kitchen sink. they weren't doing that at all. it was, you know -- the market was under pressure for sure, but it was not a panic

correspondent eamon javers joined by seema mody, herb greenberg and from los angeles, the always intrepide wells. also joining us for more on today's market action, bob pisani with us on post 9. the arrows were clearly pointed down today. is this all about the fed? >> no. i think there's a continuing concern about what's going on in emerging markets, but it was a very strange day, kelly. i'm a little concerned about the fact that the russell 2000 again was down more than the big cap s&p 500. wait a minute. if the u.s. is the best place to invest right now, why are call cap stocks down a lot more? i saw material stocks that are up that are subject to what's going on in emerging markets. so i think the market has a lot of contradictions it has to work out right now. >> we got a couple of tech bellwethers reporting earnings. as we await to get into those results, seema, big tech was weighing on the nasdaq all day. >> and even yesterday as well with apple obviously significantly underperforming the markets after reporting results. today it's yahoo!. the big concern is on the display ad revenu

seema mody rounds up all the earnings and the affect they're having on stock today. >> we're going to begin with mattel. the toymaker posting weaker than expected fourth quarter earnings. sales tell fell 10% in north america. international sales were flat. sales of its barbie and fisher-price preschool items slid 13% and that's what seems to be worrying the street. mastercard fell after they posted weaker than expected fourth quarter earnings and revenue. they said its net revenue for the year would come in at the lower end of forecasts. on the flip side tyson foods better than expected first quarter results boosted by higher chicken and beef sales. they reaffirmed sales and meat production for 2014. it did warn that a virus will cut pork production by 2% to 4%. but we end with manitowoc. posting better than expected fourth quarter earnings. just an fyi, we hit the halfway mark in earnings and nearly 70% have beat street expectations. that's much higher than the historical average of 63%, so just some perspective as we enter into the second half of earnings season. scott? >> seema, th

seema mody taking a look. >> bed, bath, and beyond has been able to improve with the housing market.wasn't enough. weaker sales, higher expenses. analysts don't believe this is a negative read for all home furnishing stocks. analysts seem to favor william sonoma. it's seen consistent growth in earnings over the past three quarters thanks to an uptake in sales. they're expected to benefit from favorable housing trends, better merchandise, and competitive planning. experts say the strengthening housing market with a pick up in consumer spending could translate into consumers spending more on appliances. in fact, whirlpool in its recent earnings report noted the strong housing market and a demand for replacement and discretionary purchases. you know, be forewarned. if the economic and housing recoveries take a breather for whatever reason, experts say the sales of home goods and appliance makers could be impacted. back to you. >> you would think so, yes. seema, thanks. see you later. >> we have about 45 minutes before the closing bell now with the dow making a little bit of a comeback a

. >> yeah, so for what to look for and which companies to watch, seema mody joins us with a preview.will be weak revenue growth. while the economy is picking up that hasn't really translated into higher sales commitments for -- estimates for this quarter. for q4 thus for thompson reuters is estimated a 4% rise. another trend to watch is europe. experts are betting that multinationals will benefit from the ongoing recovery in europe. several companies do have exposure to europe and could see an uptick in demand this past quarter including priceline. they could offer future growth opportunities for priceline as well as the broader online travel space. when it comes to emerging markets, experts have a mixed opinion on business conditions there. last quarter yum brands and nike were cautious on china while general mills saw strength. management over there said they had a very strong quarter in china and saw terrific growth in brazil. whether we see strength or witness in emerging markets, others point out unfavorable currency fluk wags will be a concern. >> it seems like all that matters