sharon epperson with the winners and losers. hi, sharon. >> hi, tyler.n them have gains in the last month of 20 to 30% or more and they are can capitalizing on the growth we have seen in unconventional oil, in oil sands and shale oil in the middle part of the country. it is what gates calls refining renaissance and u.s. refiners are able to produce gasoline more cheaply than elsewhere in the world. that's because the price of u.s. oil right now is just above $96 a barrel. compare that to crude prices from the north sea which is near $116 a barrel. that is $20 discount. the widest we have seen this year and it is makesing gasoline a lot cheaper than it is in other countries. east coast refineries, like new jersey refineries, are shutting down. in the middle part of the country, refineries like the largest one in the midwest from bp spending billions of dollars to expand the refinery so they are able to capitalize on the canadian and u.s. oil in that country. shut downs we are seeing and plan maintenance and repairs at refineries around the country caused

with us today, sharon epperson and jane wells. laid, welcome.te of florida dealing with a very serious shortage of doctors and some predict that under obama care that situation will only get worse. jane, you good first on this one. what do you think? >> sue, i did a story on this for cnbc.com. doctors are telling me they will retire earlier because they are working harder and making less with lower reimbursement. i think you will see a change in the model. with a can doctor running a small private practice. doctors that want a life, will go to work for a hospital. medical school with school loans less attractive. >> let's move on to number two, a study finding 25% of all-americans have more credit card debt than savings. sharon, this is kind of your beat, if you will, on retirement. does this surprise you? >> no, it is people putting want before needs. even the higher earners, making $75,000 or more, even they have more credit card debt than savings. more than half of the americanes have no plan. if you don't have a plan, how do you save? this i

cnbc's sharon epperson is here to tell us more about that. you, sharon. >> sue, a lot of americans are still very worried about potential cuts to social security and medicare and what that will mean for their retirement. how will that affect your retirement planning? that really depends on where your account stands right now. with the dow at 14,000, let's take a look at what happened to 401(k) account balances in the run-up to the dow 14,000 in the month of january. this chart kind of gives the illusion younger folks age 25 to 34 did a lot better than older folks in terms of the gains in their 401(k) balances, up about 5% for that 25 to 34-year-old group compared to 3 to 3.5% for boomers age 55 to 64. that's whether boomers have been contributing to their accounts for a long time or just started saving recently, they basically gained the same amount. you've got to keep in mind the reality is the younger workers have a greater mix of equities in their 401 (k)s and therefore are getting a more aggressive portfolio and their returns are greater.

sharon epperson tracks the action for us at the nyse pits. hi, sharon. >> hi.ing the highest gasoline prices for this time of year, now many in the northeast who heat homes with heating oil will be hit with record high home heating bills as well. we are looking at prices just this week alone for heating oil few furs surge 3% leading energy markets higher here and we are continuing to watch what is happening in terms of the percentage of homes in the northeast that use heating oil. of course it is only 6% of homes throughout the u.s. but 80% of those homes are here in the northeast. we are talking about more than a quarter of the homes here in the northeast that use heating oil. and that is having a big impact. in fact it will have a disproportional impact because if you are paying to heat your home with natural gas you are paying far, far less than what you use for paying with heating oil. a lot of that is trickle down of course to the consumer and it is based on what is happening right here behind me in the futures market. we are looking at higher prices prett

let's get straight to sharon epperson. >> you could call $30 a sell-off.e are at lowest levels we have seen since august for gold right few. we are continuing to drift lower in electronic trading at the close around 1605 an ounce. the biggest loss we have seen for geld since june. there are a number of reasons. world gold council showing demand last year was below where it was the previous year. add it that the fact that a number of top fund managers are cutting their etf holdings for gold and that is another factor that some traders here are talking about and technical selling we have seen just dipping below previous low of the year. below 1625. now below 1600 earlier today. that kind of paves the way for perhaps as low as 1580 some are saying. rotation we have seen all year long out of gold and into equities, equities market is stronger. that's where people want to be. liquidating what was strong for them a year ago and that is gold holding. all of that is contributing to what we have seen in the gold market. and what we have to look out for is whether o

back to you. >> thank you very much, sharon epperson. in the dow by trim digits, now down by 96 points, good for a loss of .7 of 1%. the s & p down 9 points, nasdaq three quarters of a percent. big weights on the s & p and the dow, ibm down by a percent and ex-son mobile down by 1.2%. biggies weighing the indices down here. also take a quick check on mcgraw-hill. during our interview with jewels croel, hit session lows, the stock trading close to or at 52-week highs prior to the news of the doj's lawsuit against the company. here we are down 1.8%. >>> still to come on the program, why corporate insiders are aggressively selling their own shares and why you need to pay attention to t stick around. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i

cnbc's sharon epperson says the spring rally in gas prices has come early this year. >> we have refineries down in a number of locations. oil prices are rising. and then we have a supply shortage in california, and so inventories are being diverted from elsewhere in the country to help out with that. >> reporter: and the price hikes really hit home. the average american household spent $2,900 on gas in 2012, just under 4% of their income before taxes. with the exception of 2008, that was the highest in nearly 30 years. so could we pay even more in 2013? gas prices are already at their highest ever for early february. >> i think this is just a temporary blip that we see in prices. 2013, in my book, still expected to be lower, at least for a yearly average than what we saw in 2012. >> reporter: other factors at play, a weaker dollar can inflate oil prices and they very often follow economic indicators as the stock market. as goes the dow, so often go the prices at the pump. tom costello, nbc news, washington. >>> president obama took his bush for tougher gun control laws to minneapolis today

let's go to sharon epperson at the nymex. >> hi, melissa.els of the year, yesterday we are looking at a little bit of a recovery here. we'll see how long that lasts. we are looking at crude supplies that built by less than analysts' expectations, 1.1 million barrels. crude supplies according to the energy department were up by 1.1 million barrels. analysts were expecting an increase of 2.6 million barrels. but we did see the american petroleum institute report less than 1 million barrel build yesterday. we're looking at fuel supplies that were up by half a million barrels. just the fuel supplies rose by half a million barrels. gasoline supplies fell by 1.9 million barrels. gasoline supplies were down by 1.9 million barrels. looking at prices right now, oil prices basically unchanged since the number has come out. keep your eye, though, on gasoline. we saw gasoline was a huge drag on the energy complex in the previous session. we are seeing a number of refineries restarting operations, particularly out of texas. that could weigh on the gasoli

. >> now to sharon epperson who knows where her loyalty lies. sharon?5 a barrel and worse one day percentage slot we have seen for wti crude oil market in three months time. big slide has been across the board in commodities. stronger dollar factor o for oil and rather positive headlines at iran and talks at western nations and looks at heavy selling in the gold market. gold prices at lowest level since july. er with looking at gold that continues to sell off in electronic trading after the close. as we watch here, gold prices going through the death cross where the 50-day moving average below the 200 day average. this is really exacerbating the sell off we see in many markets an traders are saying with prices at these levels, these close below the 17 -- the 1570 level. now we can see prices at 1525. if they go that low we can could see prices fall $100 quickly. >> nothing like a death cross to get things ticking. thank you, sharon. is the gold rush over? michael is here with us. michael has the long-term bull run in gold come to an end? >> i just want

sharon epperson will have more on this later. it's trading lower.ping pressure on the gold stocks today. they're all weaker across the board. the dow off about 38 points. carl, back to you. >> mary, thank you so much. let's head uptown to the nasdaq and check in with seema mody. >> good morning, carl. let's start with blackberry. we're seeing shares drop at the open. the company has reportedly lost a significant enterprise customer, home depot. we're seeing shares lower on the day. apple, though, posting a strong comeback last week, gaining better than 5%. traders according to the rotation of capital back into apple. a technical analyst at gray wolf said the next key resistance level for apple is 500. if it breaks that, it has a shot at 575 to 595. apple he said is outperforming amazon and seeing the first evidence of weakness in shares of the online retailer. so that's a chart to watch. and an acquisition in the software, defining networking space, we're seeing shares moving fractionally this morning. in biotech, all eyes on celgene saying they hav

i'm sharon epperson at the nymex. breaking news about u.s. oil supplies. u.s. week by 560,000 barrels. they rose by 560,000 barrels, now, that is less of an increase than what analysts were expecting. but it is different from what we saw with the industry report last night. the api data showed a decline in crude supplies for the first time in six weeks. and a decline in gasoline supplies of 800,000 barrels. up 800,000 barrels. that also not in line with what analysts were expecting. they were expecting gas supplies to be unchanged. what happened with crude prices last week. nearly four times this time of year. this is the time of year people who often use heating oil to heat their homes will top off their tanks. also keep in mind that with that winter storm that we had in the northeast last week, a lot of folks were stockpiling ahead of that weekend. that may be why we're seeing a decline in the heating oil supplies. >> thank you very much, sharon epperson. let's get a check on the market reactions here. we are at multi-year highs with the nasdaq composite, 12-

sharon epperson has a lot of news today. >> there is a lot of news.s happening with the dow. the dow's rise to 14,000 and what we're seeing in terms of prices here in the energy complex. we are looking at prices near the highs of the session across the board here with brent and with heating oil leading the way. there's several other factors that are contributing to the rise in brent crude prices as simon mentioned of course traders watching very carefully the developments in turkey with the bombing at the u.s. embassy there. we're also looking at what is happening with the explosion of the headquarters of pem x in mexico city. keep in mind as well there are not as many gains being shown here in the u.s. oil market because of the supply we have here and the difficulty in getting it out of the middle part of the country. that key pipeline that we've been talking about the seaway pipeline will not be a full capacity until the fourth quarter so the ability to get it from oklahoma to the texas coast and out to other refineries is going to take some time. t

i'm sharon epperson, the final trades are coming in now in the gold market. gold finishes flat right around 1650 an ounce. decline in a dollar enough to get positive momentum to gold to help it finish in the green for the day. we are also watching, though, the big story today, which seems to be what's happening in the palladium mark. we have palladium leading the games in the metals complex. once again in the session. it is the best performing for the week, month, year. a lot has to do with strong car sales, production declines in south africa and concerns about russian exports, what that means for supplies. also open interest. open interest rising for palladium and other meltals as well. appears the global economy getting better. continue to watch that. what happens to margins, coming down for metals as of the close of business today. back to you, simon. >> thank you, sharon. that said, tough quota for coca-cola, largest soft drinks with revenue coming in less than expecting, pressured by a weaker than expected performance in europe and china. that was ackno

sharon epperson here. final trades coming in at the gold market. a very tight range in this session. gold prices down about $5, right around 1644 an ounce. a lot of economic data pretty much as expected. not much in the gold mark wet china's market's closed as well. that impacts metals prices across the board. we are continuing to look at lower prices here. silver got perhaps a little bit of a boost or one would think it would from hsbc lifting its price craft from $20 to o 2013. only out performer is platinum. back to you. >> thank you, sharon. courtney reagan is here. how would you sum up today's equity session? >> kind of a push and pull. it is almost like it get there, but can't keep going. i'm starting to wonder if we are really going to hit those new peaks. if it is going to happen. so the sector break down shows healthcare lagging. if we dig deeper into the movers, you know ge. but it is worth mentioning because we are hitting four-year highs there. also other multiindustrial names hitting good new highs here. if you look at texture on 52-we

sharon epperson at the nymex. >>> gary kaminsky sat down with john bertuzzi. >> good morning.ng down. tiger 21 on friday. we had fantastic conversations with a lot of people. one of those was john bertuzzi. there is a great article in the wall street journal, if you looked at it today, talking about why the commodities have not kept up with the equity rally. we'll post this interview with john bertuzzi on cnbc.com. check it out. if you own energy stocks and want to get a sense of what is happening between the commodity and the stocks. i wanted to focus on one part of the conversation, nat gas. a lot of smart money is making big investments in nat gas right now. they have done it before. they think this is the time it is going to work. let's listen to what bertuzzi told us about nat gas. >> it is a total game changer. it is one of the most positive economic factors going on in the u.s. all electricity in the u.s. pretty much is priced off of natural gas so power prices are not going up. >> carl, you probably remember shelly bergman joined us last week, talked about the move to

. >>> right now, session lows, sharon epperson, to what degree is this due to ties or headlines out of >> i don't know how comforting they are. oil did drop below $97 a barrel here after we saw the headlines from iran saying they agreed on some point, some points in quotes, with the u.n. watch dog. national atomic energy agency in terms of nuclear talks they've been having. trades have been watching to see what would come out of talks. right now it appears the talks will continue. but the fact that they seem to be at least willing to have discussions here, this is seen as bearish and taking the prem yum out of marketplace. that's why traders say we are looking at oil. wti price at session lows. . it is basically down on the session. this is an interesting development. we will have to continue to watch to see what occur here's and whether iran is truthful and will continue to talk and has in fact agreed on some points exactly what those points are remain to be seen. >> oil back in the news in big way. sharon, thank you very much. >> sure. >> meantime, we brought down president obama's s

sharon epperson has more on the price of cars. >> sure may want to because $5 gasoline is here.e are seeing it at a station near downtown l.a. $5.19 a gallon at this chevron station right here los angeles, downtown l.a., and we're seeing prices at the pump climbing for 33 days straight over the past month while gasoline futures have gone up 11%. prices at the pump are now at 3.75 a gallon. that's up 40 cents, 45 cents in the past month, up 15 cents in the past week. we are looking at prices that are continuing to climb and $4 averages are common but that's no common for those in california paying $5. >> how high will the price go? joining me now is an economic of ftn financial and our own steve liesman. steve, let me kick this off with you. in terms of the impact on the broader economy, can you characterize it for us as gas prices move higher. >> i don't know if it's the worst part of what the consumer is spending. it's certainly equal to what's happening with the payroll tax hike which is about 100 billion. add that to the possible sequester which will take another 85 billion o

sharon epperson. jamie dimon, annual investor day.nd will bring us headlines as they happen. meantime shares, take a quick look at what's going on. just down a fraction at 47 and 58. of course financials really got slammed yesterday. >>> up next, the music industry breaks a 13-year losing streak. why this could be bad news for pandora. we meet the man who closed the most deals in manhattan. most expensive risk. where is the money coming from is what i want to know. what are the rich buying? ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. through mercedes-benz ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. how sharp is your business security?o! can it h

let's get more from sharon epperson. how are we seeing this play out?s playing out very strongly. crude prices at their highest levels in four months time. right around 117 a bare people prices have risen more than a dollar on this news. traders are watching it very carefully because of course middle east tension often cause a rise in oil prices pfr we are looking at wti oil prices here. the u.s. also rising as a result of this. but keep in mind those gains have been muted. we have plenty of oil in the u.s. and there is concern about a key pipeline that was supposed to take crude from texas being delayed and being at full capacity until the fourth quarter. we have seen changes with the bomb here to the u.s. in 2007 where oil stood at last time the dow was at 14,000. back then, we saw tro pro ducks levels around 8.5 million barrels a day here in the u.s. now at 11 million per day. back then, prices 80 bucks. now at 98. that has to do with the fact that oil and equities seem to be moving quite a bit in tandem. back to you. >> sharon, thank you he much. an

sharon epperson has a new study on how america plans to pay for college. >> this new study that justfrom sally may shows more families saving for retirement than education. the issue is many families plan to use retirement money to pay college expenses. about half parents surveyed by sally said they are focused on college savings. 60% are focused on retirement savings. if they have to choose, 42% say they aren't saving for college but they are saving for retirement. the majority, 78%, are saving for both. nearly one in five parents actually say they are using their retirement nest egg to save for college. one-third already planned to use it for college funds. two-thirds say they will use this retirement money if it is necessary. >> they are putting their savings in these general savings vehicles like checking accounts and savings accounts and not really dedicating it to education related funds that could actually work for them. >> here is the rub. if you take money out of your 401(k) or your i.r.a. to pay for college, you're actually with drawing this money and that creates a taxable

sharon epperson fills us in at the nymax. >> oil and equities have been highly correlated.an in 2007. the last time the dow hit 14,000, that's part of the factor that is contributing to the gains we are seeing here in the oil complex. but we have seen an even greater gain. up more than a dollar in this session and of course the blast at u.s. embassy in turkey, that is a factor that raising the tensions and chris many premium in the marketplace. add it that explosion at head quarters in mexico city, that's another factor that traders are launching. we haven't seen significant gains in the u.s. oil price because we have pipeline concerns that pipeline taking crews from oklahoma to texas coast. that probably won't be a full capacity until the fourth quarter. that is something that leaves still that glut of oil in the middle part of the country that is something that kept a lid on the rise in the u.s. oil price. in terms of precious metals, it has been a strong day for precious metals after the jobs data and that unploemt rate is what traders are watching. one reason they think

sharon epperson at the nymex with that story. over to you, sharon. >> gold is holding above 1,600 an ounce and is still down nearly $30 today and more than 3% on the week. it's the biggest weekly loss that we've seen in the gold markets since june and we're seeing confirmation of what has been happening since november when the equity markets started to rally. a lot of investors rotating out of gold and into equities. we saw that confirmed by s.e.c. files that showed top fund managers are actually getting out of the gold holdings. that also contributed to the gold slide to a six-month low so the key is in the weekend ahead, whether gold will be able to stay above the 1,600 an ounce level. did dip below it earlier today, and we do have a holiday weekend with the floor closed on monday and some halts in trading on monday as well electronic try so that could mean fewer participants and a lot of volatility in the gold market. >> thank you so much. >> shares of goldcorp trading down, reporting fourth-quarter earnings that were above ana

i'm sharon epperson. final trades in gold market.able to close it appears above the 1600 level after briefly dipping below that key mark earlier this morning. keep in mind, we are looking at gold prices that are down about $26 and at the lowest levels we've seen in about six months time. several factors contributing to the sell-off we have seen in the gold market breaking below the earlier year low, 1625 an ounce was a key technical level and that exacerbated the selling. we have that report yesterday showing the demand in 2012 was down 4% in the previous year and add to that sec filing showing in the fourth quart ear number of key health fund managers like george as well as tiger managements, also cutting their holdings in gold etfs. that also contributed to the selling we are seeing. selling is widespread and we are looking at platinum and palladium with gains we had earlier this week, silver at five-week low and key now is over the holiday weekend is whether or not gold prices remain above that 1600 level. back to you. >> sharon,

sharon epperson is at the nymex for us. >> gold jumped $28 today to close above 1,650 an ounce and golds and gold traders certainly reacted to fed chairman ben bernanke's testimony. the fact that he's looking at the positive outcome of accommodative policy far outweighing the risk and that's part of the reason why traders say we're looking at this rally in gold. also keep in mind there's a lot of shorts in the gold market so we're seeing short kofrlg. noencht is cold on the fact that gold is set to continue to climb. goldman sachs cut 2013 price forecast for gold from $1,800 an ounce to $1,600 an ounce saying we're going to start to see a climb in real interest rates, and lock at the big drop gold has already had in the last month. back to you. >> okay, sharon. thanks so much. 50 minutes to go before the closing bell rings on wall street. the dow is holding on to a triple-digit cane. 105 points. s&p and nasdaq well into positive territory. >> we'll talk more about the fed chairman ben bernanke who took some shots on capitol hill today. >> we've now understood this problem for nearly fiv

. >> thanks very much, sharon epperson. did want to talk about a potentially huge deal.'m not talking about dell, i'm talking about virgin media. it's a company that operates largely broadband over in the uk. you know, you may remember names like mtl, telewest. this is a result of a merger between them, and virgin mobile. branson isn't really involved, except that he kept 3% of the company. it's a good name. the companies confirmed they are in talks, not just virgin media, but a potential buyer in the form of liberty global. those are the global, let's call it cable assets of liberty run by john malone, controlled by john malone. they have huge cable sills tems in belgium, germany. in fact, they're number two in the world. about 18 million or so subscribers. >> he's smarter than cramer. >> oh, yes. >> that, by the way, is a compliment. you wouldn't even put a comparison with me with malone. >> how about this sumo guy? >> the ap chemistry. >> you have a degree from yale. >> i don't know. >> he's smarter. >> i'm going with malone. >> okay. >> let's talk about whether inves

back to you, david. >> all right, thanks very much, sharon epperson.aven't talked about dell this morning. the stock still hanging around $13.80 a share. that is above the $13.65 a share that michael dell, the company's founder and ceo, and silver lake partners has agreed to pay for it. you get potentially two dividends along the way before the close. the close itself is still something that is a question mark as you take a look for a fresh on the deal terms of a couple of weeks ago that we got on this management led buyout. which by its very nature has certainly conflicts that come along with it. and that has led to, as we know, opposition from large shareholders, and led by southeastern asset management. we'll see where this ends up. some will point to the quarter, jim, and say, hey, not a bad quarter, actually. some of the analysts coming out and saying, listen, sales $14.3 billion, up 4% quarter over quarter. large enterprise not bad. consumer not bad. >> a lot of consecutive -- >> they'll also say, about 20% overall, what is it, year over year dec

that's crazy. >> it is. >> sharon epperson, thank you.involved as well. >> yes, a cost. but if oil keeps going higher -- >> that'sue. >>> coming up, nemo's impact on the airlines. chief operating officer of jetblue airways on how they're navigating this big winter storm. 72% in the past year. up 7% today. tim armstrong keeping momentum going. exclusive interview is straight ahead as we head to break. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. humans -- sometimes life trips us up. and sometimes we trip ourselves up. but that's okay. at liberty mutual insurance, we can untrip you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on y

let's go to sharon epperson at the nymex. >> weaker dollar and better euro seeing better numbers acrossrd. a lot of people anticipating a better stimulus policy coming from central banks. maybe more monetary easing there. also looking at the new election of a fed governor, central bank governor in japan. that may be more likely to favor monetary policy. we have the fed testimony this week, many traders will be watching that very carefully. we're also keeping our eye on iran, new talks about its nuclear program, that could have an impact on the oil market. keep your eye on natural gas, a lot of cold-weather forecasts for the rest of the week, that's really lifting natural gas prices today. >> thanks very much, sharon epperson. we did want to mention something today, a friend of mine, and someone we've had frequently as a guest here on cnbc, jim woolery at jpmorgan making an interesting move worthy of noting. because normally lawyers become bankers. in fact, mr. woolery made the move to jpmorgan. rob kindler many people know, now at morgan stanley. very senior m & a -- in the m & a world.

. >> let's check in with sharon eppers epperson, hey, sharon. >> hey, mandy.e are seeing traders and consumers alike fuelling up here in the midst of the storm. we are looking at higher price force gas and heating oil that comes at a rough time for folks because as we have been telling you, gas and prices at the pump highest on record for this time year. in the northeast a lot of folks heat their homes with leading oil. this is going to be a real problem here with the price continuing to rise. we are looking at about a quarter of the northeast that uses heating oil. majority definitely using natural gas. but a lot that uses heating oil and cost of heating oil and that will hit consumers. >> we are tracking it, thank you very much, sharon sfls on deck, the mark set saying, everything's fine. but does that make you nervous? >> later on, fruit fight. blackberry beating up on apple, lately. how? we'll dig in, coming up. traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts w

sharon epperson is at the nymex this morning. >> we are looking at a little bit of risk appetite comingace and helping to support oil prices. brent crude and wti both higher. and north korea, they're talking about what they're doing there in terms of confirming the nuclear test and capability for missile capacity, and even closer. they're also talking about iran and the fact that iran has talked about converting enriched uranium into reactor fuel. now, some taking a run at its words, saying maybe this is a bit bearish. they won't be close to creating a bomb, others saying it will cut the time in the amount of time it takes them to do so. wti getting a bit of the lift as we see the unwinding of that premium we've seen. brent crude to wti futures, which has been so extreme. another factor helping the oil prices, opec. opec's latest monthly forecast coming out, talking about the world demand growth is going to be stronger than they anticipated, and there's going to be greater demand for opec oil. we're looking to see the opec price approaching $115 a barrel. and keep your eye on gold price

. >> thank you, sharon epperson.-time highs, raising its quarterly dividends by 11%. we'll have a live interview with jeff bewkes later in the show. disney and 3m jumping to record highs. boise cascade up 25% this morning. the plywood and lumber company trading on the new york stock exchange under the ticker symbol bcc. >> he was just on, but we have breaking news. we'll go back to phil lebeau at headquarters. >> the chairman of the ntsb, which is investigating the dreamliner fires saying in washington today that the ntsb is likely weeks away from having an explanation in terms of what happened with the dreamliner batteries, and what needs changing. in other words, we're nowhere close to them finding the root cause, and then ultimately saying here's the solution that needs to take place for the dreamliner grounding to ultimately be lifted. again, the ntsb chairman at a breakfast in washington, saying that the probe is likely to take several more weeks. there's no indication what weeks away means, if it's three weeks,

we go to sharon epperson at the nymex. good morning, jim.at commodities across the board. a little weaker this morning. we have the u.s. markets back, asia is back after the lunar new year. there's not a lot of interesting commodity these morning. particularly not so in copper. we're looking at copper that is the weakest performer in the metals market. remember that 40% of the world's copper is consumed by china. we're not seeing a lot of buying interest there. it's part of the reason why we're looking at nearly 1.5% drop in the price of copper. gold will be closely watched today to see if gold can take above 1600 an ounce. we dipped below that level recently. it's a key psychiatric lomgal level and a close below that level traders say will bring us to 1584 and then we can see perhaps gold prices fall all the way to 1525. so there's a lot of bearish sentiment in the gold market right now. back to you. >> coming up next, an electric journey, phil lebeau is on the road test driving the tesla model s. phil. >> hey, melissa, we are headed on 295

. >> thank you very much, sharon epperson.ke a look at the reit commonwealth, cwh is the ticker. it's up 33% this morning after a very interesting story developing here. related, the large real estate company with a lot of operations in the new york area, run by steve roth. low as well. joins with an activist firm. we haven't often see this, to go after cwh. 9.8% position in the company. and is acting now for a number of reasons. one, they've been building a position, but apparently cwh saw the rise in its share price and decided to do a massive offering, equity offering announced yesterday. so they have come forward with a 9.8% position. by the way, they couldn't really go much above 9.8%. they're saying, we think the assets are massively undermanaged. we're talking central business district, buildings in places like philadelphia and boston, seattle to some extent. and you're undermanaging it. by the way, not to mention, you have a management structure that's skews since 2007 to 2012, your fees, the port noise, what these rea