live from the nasdaq marketsite i'm melissa lee. these are the traders here in times square.nd we start tonight with a juicy story that is the talk of the options world. an unconfirmed rumor saying bill ackman is taking a stake in walmart. the talk causing a serious intraday bounce in the stock and leading to a flurry of call buying. this as retail stocks are at all-time highs. could walmart be the next activist target? let's get in the money and find out. dan, some are saying ackman is going to press walmart to spin off sam's club, which of course would unlock value. >> yeah. listen, this has been a theme throughout. multiple different industries throughout. big underperformer. walmart unchanged through the year. they just issued a profit warning a few weeks ago. a company that's not expected to growth. when you look at their growth estimates, it's basically low single digits for eternity. this is a massive, massive retail company. so it does make sense. like some of these huge, huge targets, although in past activists never wanted to get into the mega cap, but they're going

nasdaq, 11% on the year. the nasdaq 100 is up 16%, but the average stock is down 1 %. you have very much of a skewing. look at it in terms of a decline line, but either way, big names doing all the lifting, than, at some point, runs its course. >> look at the nasdaq 100, top ten names have $2 trillion with a t, okay, in market value. the rest of the 90 have the same. think about it. top ten on average about up 25%, doing all the heavy lifting and could be in bear markets if you want to drill down. >> it's hard to imagine how baba sells off hard going into the end of the year from my perspective. there's a lot of institutional interest in the name, people have it on their sheets at the end of the year, and now retail is looking at it. as long as people have faith, have confidence in the structure of the business, biggest question i have about it, it looks good at 50% with year on year revenue growth. >> extrapolating it to the rest of the nasdaq from september 19, 182 billion dollars out of the nasdaq. think about it. that's the cap right there. >> that's the bigger con

a very exciting night for us here at "fast" as well as for the nasdaq. e joined by the ceo of the nasdaq, bob gri felt. >> good to have you here. this is going to be your new home. >> $10 million to upgrade the site. what are you getting out of it? >> we're getting "fast money" on the second floor. >> clearly. >> clearly priceless, but it's an important cog in the nasdaq value proposition for our listed companies. as you mentioned, we can give them information, they can be here get it directly, but it's also very important to recognize when you had go public, part of that is to seek publicity, and this is a great visibility event. you can see the wonderful aspects of times square here. for our listed companies, we want to do brand building, visibility, this is the place to be. >> obviously the competition for ipo business is pretty fierce. is this part of the effort, the campaign, to say to companies, when you go public at the nasdaq, it will be flashier and sho showier? >> it's certainly part of the complain. our listed companies love it. we have a great

the nasdaq to the upside. could it happen in the next five minutes?y tuned liz: any move to the upside for the nasdaq, david, would be highest close since march 2007. david: we're looking right here on the dow. is a down day on the dow. really the action is on the nasdaq but where i want to go where there is action in different way happening. commodities, they have been beaten down terribly. nicole is the revenge of commodities for both oil and gold. look at gold particularly. >> no doubt and no doubt. this morning when we started off with a lot of down arrows in the different sectors, one that grasped my attention was oil services index. in the after-hours we see oil up a buck 74 and gold as well gaining $28. it was a great day for commodities. liz: a great day yesterday for blackberry and total reverse today. blackberry shares sliding 7%. >> amazing they behave some of that back, right? they have a couple of deals working with samsung and another company for security with not only blackberries but other systems. they have the gains gave back of down

the nasdaq flat, now negative. been on the prowl for all kinds of new companies to invest in, particularly new messaging systems. apps for them. after big banks grew very concerned a couple years ago in may when bloomberg's news division -- because a lot of them use bloomberg's terminal to do messaging amongst themselves -- well, the news division had access to certain functions within the widely-used bloomberg terminal. not spying, but they would look and see, oh, when did this banking log on? thousands of bankers who were using the service to communicate set off a race for a new, more secure service. leave it to silicon valley to the latest billion dollar app is called slack, as in taking up the. big names like an drees and record wits, here we me now the guy who's really come up with this, cofouuder and see you stewart butterfield who also cofounded or founded flicker, right, stewart? >> that's correct. thanks, liz. >> well, let's talk about slack. this is, as i looked at it, to me, something that could eventual

the nasdaq itself, up 11% on the year. nasdaq 100 is up 16%. the average stock is actually down 1%. so you have a very much of a skewing and you can look at it in terms of cumulative or a breath line. we have big names doing all of the lifting. that at some point runs its corps. >> you look at the nasdaq 100, the top ten names have $2 trillion with a t in market value. the rest of the 90 have about the same so. you think about it those top ten are average or up about 25%, they are doing all of the heavy lifting in some ways a majority of the stocks could be in bear markets if you want to drill down. >> the final thing, pretty hard to imagine how bob is going to sell off hard going into the end of the year from my perspective. we had a lot of institutional have. now you have retail taking a look. >> so as long as people have faith, confidence in the structure of the business, which is the biggest question i have about it, it actually looks 50%, year on year revenue growth. this is going to trade -- >> the rest of the nasdaq from september 19 it's extracted $282 billion out of the res

there is the nasdaq. the s&p 500 up a half percent and russell up. the big reason for today's run, china cutting interest rates. why did china do it? he says the economic situation behind the great wall is not good at all. we will talk to him in four minutes time. and one hot market. homes in the million dollar plus range if you are lucky enough to own one you are doing just fine, ladies and gentlemen. why is there such a boom in this segment of housing right now? we have answers coming up. first to sue. >> and there is big liquidity moves that you nus mentioned and they are fuelling a rally. stocks are off the highs at this hour. we still have a gain in some of the indexes. that's the big etf that tracks china. the ftse china is up almost 4%. now a little better than 4%. bertha coombs is at the nasdaq. mary is here with me. >> we have a lot of steam. about 173 point range. so holding on of course as you would imagine when you have a rate cut in china it leads energy and materials. the materials sector at the s&p 500 is approaching a 52-week high tod

the new studio of the nasdaq market site. back to you. >> very nice. >> jealous. >> a lot more lunch options over there. go to hard rock after the show. >> very true. >> when we come back, cramer's mad dash. we'll count down to the opening bell. later, raise your glass. "wine spectator" magazine will reveal its number one wine of 2014. >> take a look at futures. s&p's up 200 points now from the october 15th low. more "squawk on the street" straight ahead. there was no question she was the one. she reminds you every day. but your erectile dysfunction-that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment is right. you can be more confident in your ability to be ready. and the same cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an u

live from the nasdaq marketsite in new york city's times square. i'm melissa lee. our traders tonight are tim seymour, pete najarian, brian kelly, and guy adami. at&t just announcing a $2.5 billion deal. we'll have the details coming up. but we start with twitter. one year ago the company went public. the stock down 45% from its december highs. it is down nearly 25% this month alone. today's "wall street journal" out with a scathing piece on the company's management saying twitter ceo dick costolo struggles to define vision. what do we do here in do we need to see dick costolo out, tim? >> i don't think so. i think the company's struggling with just how much they can scale this business. you're looking at capex and sbc. these are things people are very worried about. the guidance for the fourth quarter was the problem. the third quarter was actually very good. the so he the question is how much growth do you need from twitter? i actually think if you look at the chart around here the stock is selling into a range where 36 to 40 becomes a very safe place. now, again,

the s&p and nasdaq with up arrows. the highest level since 2000. g out gains while the dow is slightly higher. these a down half a percent while intel and at&t are gaining. dupont down a half of 1%. getting orders for body cameras. also gaining 6.5% to the upside. after ferguson a lot of news pending there. stocks jumping. also, netflix suing the former vice president of operation saying he allegedly allowed kickbacks from vendors. tivo under pressure after a week outlook. more coming up. more "varney & company" after this. ♪ 16 paying giving day known for three things. food, family and football. telling us about all of this. all three of these look like pretty good games. >> three divisional rivals going at it. you have to live and bears in detroit. you have to team set out to her father. the seattle for going up to play against the san francisco 49ers. there is no football viewing day. it is so tightly impact right now. the arizona cardinals are randomly the best in that division. those two coaches, there is no love lost between them. now the riva

you are look at the c.e.o. of nasdaqnd in the center, you can see the flight attendants in the trademark red and they all smiles as the airline goes public and pricing of shares at $23 each and the i. with virgin, expanding with operations in that guardia and washington, dc, reagan national, and love field, all expanding. where is richard branson? >>> there is the opening belt. >> that would be richard branson but it is an machine company so he could be stay out it because of that. this was controversy at first because he had to give up his shares to make it an american company so, anyway, flying i la guardia and dallas-ft. worth has been the traditional home so they are going right into the enemy's den. >>> we will still you in on all the histories of the airports. >>> laying is here with traffic, mike has a look at the forecast so we will open up the window and talk about the polling through the north bay and how san rafael has a little of it but not so much with cars moving away from us to the south across the golden

the nasdaq up half a percent, and the s&p up 1.1%. steve liesman has more now on the market-moving actions by some of the world's big central banks and what's next for our own federal reserve. >> reporter: central bank developments in europe and china highlight not just the difference in economic weakness overseas and strength in the u.s. but also the increasing divergence in interest rate policies. while the european central bank considers greater quantitative ease, the fed just ended its qe program. while the people's bank of china cuts rates, there's wide agreement that the fed's next move is to raise them. but the fed is carefully watching these overseas moves. it even debated at its october meeting whether to say in its policy statement that foreign weakness raised the risks for the u.s. economy. but will it keep them from hiking? >> if things fall hard enough in europe as an example, then yes, i think it could actually attenuate the cycling in the united states. but we're talking about a backdrop that would have to have deterior

looks like these pictures are actually drinking water and the nasdaq putting it out on the times squareg. that's normal. we'll continue to watch for it. >> investigators notice south bay are trying to learn if a janitor now under arrest for child pornography had any contact with children while at work. kris sanchez is live with more on the story. good morning, kris. >> reporter: good morning. it does not appear the man arrested with a computer with more than 100 sexually explicit images children, when he was arrested, he was at a place where he did not. he was arrested at a business where he was a janitor. police are quick to say he was not working at a school when he was arrested. his bail is set at $25,000. san jose spokesman morales says the task force investigators tracked down the child porn on line to that laptop that perez had on his person. experts say that some predators reach out to children, encourage them to perform acts and then put them on the web. investigators are looking into whether that was the case with perez. they also wanted to know if he had personal contact with

chevron and then home depot the biggest drag on the index. nasdaq up for the 11th time in 1 sessions. the middle of october we all remember how brutal that was. it ended with a pretty big bang. which are riding the market the best? the index funds or actively management funds? dominic chu is back at hq. >> if you look at active versus passive discussion it is about whether or not it is better off to pick stocks and time markets as opposed to do what everybody wants to do which is stick with one fund that marks the s&p 500 and go from there. according to the analysts at morning star tells us if you look at the average passive fund the performance is actually a little bit better than the average active open ended mutual fund in america. if you take a look at the equity funds alone check out some of the biggest ones. one of the biggest ones in the country is the fidelity contra fund. it is up around 8% so far year to date through the end of october. it has some really, really big holdings. you think of big names like google, wells fargo, facebook. that

the nasdaq is up 15 and the s&p is up about 4 on the trading session. >> that will do it for "power lunch." >> "street signs" starts now. > >>> the dow really is on hold. you have all eyes on what we are calling the three es, the election, earnings and the economy. we will find out what the most important one is for you and your money and what you need to know heading into it. it is historically the strongest of the year for the stock market. >> the dow and s&p set new record highs while the nasdaq set a new 14 1/2 year high. >> it is the third, not the second or the fourth. >>> goldilocks had the three bears, steve martin had the three amigos and we have the three es, elections, earnings, economy. huge elections may swap the power of the senate. what are the key races? earnings, are they good enough to keep stocks rocking the final months of the year. and another big week for the economy. recent data has been good. the question is, will it continue? so let's get going and start with the first e. michael far joining us from washington. to you and your clients. how important is this electi

kate rogers is at the nasdaq standing by. t to bob pisani on the floor of the new york stock exchange. >> modest gains here. want to point out sectors moving. tol brothers giving a nice hit. 10% on the order side, a little below expectations but earnings were good and guidance still pretty good up 3%. retailers are weak. abercrombie preannounced down grades today. we get j.c. penney wednesday and wal-mart thursday. wal-mart's numbers will be lower than last year if they come in in line with the guidance. china's stocks have been small. investors able to buy a lot of chinese based stocks beginning next monday through hong kong. that is a very big change. finally, want to mention we got very good numbers in earnings still up 9% as we bring the quarter to a close. margins near 10%. the ten-year average 8.5%. despite all of the concerns about inflation in some areas as well as revenue weakness overall margins are holding up very, very well. that is one reason the stock market remains at new highs. back to you. >> bob, thank you. l

up arrows for both the nasdaq and the s&p. the nasdaq the highest since the year 2,000. the dow pulling back after the back and forth action. let's take a look at gopro. gopro when you think of wearable cameras, surfing biking. they're developing drones. high-def cameras. they're more common. easier to make and buy. they'll go on sale leaving the regulators to scramble and catch up. melissa: thank you so much. a few stories on our radar. opec is holding a meeting in vienna. one of the closely watched in years. members are expected to not cut oil output despite a steep slide in oil prices. new home sales came in sluggish indicating a slowdown in the housing market. september's numbers were revised downward by around 10,000 units. and john deere giving a gloomy outlook. sales are in decline in its agriculture units. it will continue next year. what you need to know before you hit the road this thanksgiving. we're tracking that nasty winter storm coming up. your tax dollars could go to social security for immigrants. new questions that had hecklers fired up at obama. more m

aidu is part of the nasdaq. not an interesting proposition. it has yet to be seen if it will be allowed. >> the first week of the hong kong connect has come through. peter spoke about it. what did he have to say? >> he wrote on a blog. he is satisfied because it -- i -- certainlyphic one of the things that turned off investors was the champagne last monday. quiet.cts things to be many participants are waiting to see. they are still getting the hang of it and the big funds are getting a sense of how the untested trading rules will be affecting things. >> that is the bullish view. the bearish view is that there is no demand. marketconditions of the -- a lot of the stocks have been bought off and there is no arbitrage. it is unfamiliarity with the hong kong market. >> thanks for all of that. hong kong has a first this week. handbags going under the hammer at christie's in one is a design is made to be worth $60,000. art, antiques, fine wine, and jewelry. atll to come, closer look our top story with our first guest. off."ith "first >> back to the t

the nasdaq has been the big winner this hour. last trade on the nasdaq is up about 27 points, about half a percent. s&p up for a 12th time in four sessions, and it's traded up about a tenth of a percent. dow transports are up a half percent. but the dow is down 12 points on the session. apple is now approaching $700 billion. so with stocks pushing to new highs, is there still value in the big caps? domenick chu is back to take a look. good to see you, dom. >> good to be back. here's what we did, we looked at the s&p 500 and found the 20 biggest publicly traded stocks in all of america and said which ones have lower evaluations in the overall market and are trading with at least a little bit of price appreciation over the last month? we found a number of them but four of them standout. these are the top four gainers over the last month in the s&p 500 that trade below the 17.5 multiple that the s&p does. jpmorgan chase with a price to earnings ratio of 11. below the overall market and up 3.5% over the last month, so it has momentum

nasdaq. the opening price was $23 a share but right now it's up 33 1/2 %. the stock symbol is v.a. they are rated as one of the top domestic airlines in public opinion polls and it's struggled financially. it's been helped by declining jet fuel prices. >>> a good sign for the economy. 2.8million americans quit their jobs in september. that's the fastest pace in six years. economists say that's a good sign because people typically don't voluntarily leave a job unless they are confident of finding a new one or have one lined up. and since a new job usually comes with higher pay, it could be a signal that employers are starting to increase wages. >>> the 49ers are going to paperless when it comes to season tickets and making a shift to digital ticketing. starting next season. the niners plan to stop mailing tickets. and they'll allow fans to display tickets on mobile phones using the niners smartphone app. fans have the option of printing out a hard copy. the team says that most fans have already st

the nasdaq up 3. s&p down a fraction right now. >> never short a dull market. >> amen. >> seems to be further evidence of that today. >> you know what they say in westerns? sure is quiet. yeah. too quiet. go ahead. next. >> no. i'm writing a piece in my head already. general electric shares, meanwhile, lagging the s&p 500 over the past year. somebody here said that jeff immelt should be held accountable and moving how it pays him. >>> and later, ford is taking a big gamble with the aluminum f-series pickup trucks. will they like the change from steel and keep it the best selling in america? we'll have a special report from dearborn, michigan. stay tuned. ...the getaway vehicle! for all the confidence you need. td ameritrade. you got this. [annit's working forny. new york state. already 41 companies are investing almost $80 million dollars, and creating 1750 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes, no corporate tax

don't look now, the nasdaq close to its all-time high. when companies like razorfish were flying high. co-founder craig kanarick is here to compare now and then. and to talk about his current venture in the food industry. does he see another bubble brewing? halftime will be right back. so ally bank really has no hidden fees on savings accounts? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates. wi-fi access in more places then ever before. all your favorites in the cloud and on every device. a home you control with the touch of a finger. news and entertainment that informs and delights in ways you never thought possible. comcast nbcuniversal bringing media and technology together for you. >>> all right. welcome back. the nasdaq hitting a 14.5 year high and on that note, we continue our nasdaq 2.0 series following up with the high flyers of the internet boom. craig kanarick was the co-founder and chairman of co-f chairman of razor fis

the nasdaq a strong session up 31 points to 4702. ong before people talk about records in that one, too. let's bring in the panel, larry kudlow is here. along with our very own kate kelly and kevin o'leary with the fast money trader tim seymour. tim, first of all, we have had so little actual volatility in the markets and so many record setting headlines here. >> implied volatility down to 2007 levels even after october so think about the m & an activity and the cash on the sidelines and the seasonals. europe was really what drove it. germany and the zoo index to be up for the first time in 11 months. chinese home prices, less bad. so you have a backdrop to give people confidence in a fed meeting tomorrow and people don't expect them to do anything. that's an environment for stocks to go higher. >> guys agree? >> profits, profits, profits, mother's himming of stocks. tim is on the right side of the trade and i hope he stays there. >> bring it on, larry. >> third quarter beating profits in the fourth quarter going to be pretty good ind

the nasdaq unchanged. the index little changed all day long.ighlight a couple individual movers for you. walmart, though shares are hitting an all-time high today. third-quarter earnings beat estimates, boosted by an increase in sales in u.s. stores. on the flipside, coles posted third-quarter earnings and revenue that fell short of estimates. the retailer of same-store sales fell, missing analysts -- they never like that when the shares are down two or three quarters. the retailers are the focus of today's sector. joining me with more on earnings, a preview of tomorrow, and then a look ahead to the all-important holiday season, mark, managing director. thank you for joining us. let me ask you first of all about this earnings season. we see some conflicting earnings reports. that is obviously to be expected. not everyone will do well and not everyone will do poorly. >> it is very mixed. retailers are using lower tax rates to hit their numbers. the top line has struggled. october, warm weather, it really hurt sales. start.r is off to a nice cold

the dow virtually unchanged. nasdaq up 38 and the transports are booming again today in record territory. >>> look, now the industrials turning positive. up next, this this could make for an unhappy thanksgiving. brace yourselves for what could be a pretty snowy travel day on wednesday. we will have the latest forecast from the weather channel. >>> plus a possible grand jury decision to indict the white police officer who fatally shot that unarmed teenager in ferguson, missouri, in august. all of that is still to come here. ♪ oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now - but hurry, the offer ends soon. [ho, ho, ho!] lease the 2015 c300 4matic for $419 a month at your local mercedes-benz dealer. ...the getaway vehicle! for all the confidence you need. td ameritrade. you got this. come from all walks of life. if you have high blood sugar, ask your doctor about farxiga. it's a different kind of medicine that works by removing some sugar from your body. along with diet

the dow, into blue chips. a lot of money came out of nasdaq and high fliers. some anxiety as we read the paper and see we're at new all-time highs. >> we're investing a lot of core american companies are doing extremely well. >> you know i love that. matt: i know you love your american companies. a lot of americans, the americans that maybe are on the sidelines. they're not going to jump into the market. they will go into the dodgy names which have been doing well. this is the right step in the right direction. >> the fact that the nasdaq showed not the leadership that the dow did which is exactly the point you just hit on, the first biggest at some point very important to me even though i see us finishing the year with a lot of window dressing, next year say problem. the nasdaq didn't have leadership because there is a lot of buzz including intel has inventory in their pipeline and that could be a problem. intel is a good proxy on semiconductors -- charles: that explains it all. let's blow the first whistle. open up a page from payne's investment playbook. now

the nasdaq and the problem and the new york stock exchange has had issues. are related to technology issues and technology failures. the s.e.c. has been very concerned about that. they are now adopting uniform rules for all of the exchanges for testing and upgrading all of the technology. this has been several years in the making. it is generally very good news. it might cost the exchanges a little bit more money but at least help ensure that the technology is working as well as it possibly could. back to you. >>> thank you very much. appreciate it. >>> to gold prices which are closing right now. let's see how the metals are doing given the fact that stocks keep hitting all-time highs. the gold market is down a little bit with profit taking from yesterday down about $4 on the session. to morgan brennan for a "market flash." >> bouncing off of that take on gold, gold mining stocks lower on the falling commodity prices. new mont mining, gold corp moving to the down side. >>> to washington now and connect for more breaking news. >> the department of justice jus

. >>> live from the nasdaq market site, i'm melissa lee, and today, we play catchup. though the markets at all time highs, not every market is participating. is that the best bet into the end of the year? dan is looking at facebook. why facebook? >> it's a laggard in the last two weeks, but not on the year, there's a $210 billion market cap, a massive performer for the market, a huge part of the nasdaq 100, but since they reported q3 on october 28, the stock lagged, down 6 or 7% in that time period for good reasons, okay? you have a situation, the company hitting on all cylinders, guided revenues down, and they guided expenses up dramatically. here's another thing. they closed the $22 billion acquisition of what's app. they registered the shareholders, okay, to sell. i suspect, we have a chart here over the last few weeks here, look at the gap lower, and the stock's gone sideways. there's an overhang from that stock. if you see that lifted at some point, you get a cleanup trade or they pull back. i think you see the stock back up towards the highs, filling in the earn

the nasdaq the biggest loser this hour. a number of sectors hitting new highs like the consumer staples and utilities. the big news, as you said, is in the oil market. oil hitting a four-year low after saudi arabia cuts prices that it sells to the u.s. west texas intermediate crude down almost 2.5%. how low might prices go in. >> the million dollar question. we are pairing some of our losses. oil down less than $2 at the moment. allen harry is a trader on the floor here. what is happening right now? is this the saudi price cut? is this the price we are seeing in the dollar or something else impacting oil? >> it is the saudi cut. it is also our surplus of oil that we have in this country. all of that is putting pressure on the market. we broke the level. now we are getting into a territory of how far it can go. i'm saying in my opinion 60 to 65. the reason i'm saying that is the big fracking companies their average of where they are in in production. >> at the moment i think for the next day or two we see back up to 78.5. th

over on the nasdaq, the children's tumor foundation and a brand new desk.k it's good when kids are on the nasdaq. >> and covered up in a little bit of rain and fog this morning. christina will have much more on that. today is november 13th. you are watching "today in the bay". >> research shows where a person lives could greatly increase a prn's chance of heart disease. so which one of suss a little more healthy? >> well, women and men, they took a look at both and men do seem to have a much higher risk overall, but the geographic differences are really what they look at here. what we found to be very interesting. we found that in general men have about a 14% chance of developing heart disease over the next ten years, it's about half that for women. but when you break it down across different regions, the southeast has much higher risk, the northeast has a lesser risk and in california we found there is a difference. men are about average but women are lower. if you take a look at the maps, you can see the darker states are where the risk is much higher. ca

. >>> richard branson's virgin america airlines starts trading today on the nasdaq. e's initial public offering at $23 a share, 13.3 million shares are for sale. virgin air started flying in 2007. >>> on wall street a late rally sends stocks higher. the dow finished over 40 points higher, reaching another record high. it was actually the seventh record close for the dow in eight trading days. the s&p and the nasdaq closed slightly higher as well. >>> amazon and the book publish publisher ashed agree to a deal. hachette has the ability to set its own prices on amazon. >>> and nba commissioner adam silver says sports betting should be legal. this is the third time silver has publicly called for a legal sports betting. in an op-ed sports piece in "the new york times" silver calls for tough regulations. he said sports betting should be brought out from under the underground and appropriately moderated. >> thanks a lot, jill. >>> in sports the miami dolphins are thinking playoffs after a come-from-behind win over buffalo. miami outscored the bills in the final 18 minutes.

the dow rose 33 points, the nasdaq up 26 and the s&p added four points. >> more on potentially unsafe autos. new crash tests raising troubling questions about the safety of minivans. one popular minivan did so poorly, the safety firm c conducting the test is warning americans not to buy it. phil lebeau has more. >> reporter: the insurance institute for highway safety calls these crash tests an eye opener. they measure how well drivers are protected if a minivan's front corner hits another car or pole at 40 miles per hour. it's a common accident. the honda odyssey was the only model to get a good rating from the i.i.h.s. while toyota's siena was rated acceptable. but three other models, chrysler town and country, the dodge caravan and nissan quest all received poor ratings. >> i think these test results are a very strong reason not to go out and buy one of these vehicles, especially since the honda odyssey and the toyota siena offer much better protection in this crash test. >> reporter: dave calls this collision of the nissan quest one of the worst crash tests he's ever seen. the driv

the real action as we said is the nasdaq. doesn't look like it with an eight-point gain. we're talking about highs we haven't seen in decades since march 2000. the we have not seen that. highest in the nasdaq? 5048. we have a while to go before we reach the absolute highs. russell kind of meandering here. we really have a lot to talk about concerning commodities. "after the bell" starts right now. liz: we break down the action on this friday. got to stay with us because we have ernie cecelia of bryn mawr trust, says investors, you have to be wary of valuations right now. wells fargo bryan piskorowski is with us. he says u.s. is still the best market but where are the opportunities? bryan has them. as the s&p numbers hold we're looking for a gain here. that is pretty interesting. >> four now consecutive weeks after making new all-time highs for our purposes. i know you throw in the nasdaq but the nasdaq is, you know, 5,000 is the record but that doesn't really count as much. david: all right, ernie, a lot of people are waiting for pullbacks. before the end of the year do yo

the nasdaq slipping 6 points to close at 4,632. american airlines flight attendants have rejected the new five-year contract by just 16 votes. the move forces the world's largest carrier and the union into binding arbitration. the contract affects roughly 24,000 workers. the rejection also complicates the merger started last year. >> the midwest is gearing up for the first storm of the season. crews have been preparing equipment and spreading salt. as much of a foot of snow expected to hit minnesota this morning. and behind the snow, an arctic blast. >> remind me again, what is this snow that you speak of? >> powdery content. >> i have the privilege of showing you this morning when your ski resorts are going to be opening up. we're going to see maybe 8 inches to a foot of fresh snow in tahoe as we get into wednesday, thursday. look at what we have this morning, really thick fog, dangerous conditions out there for commuters. give yourself plenty of time. where we were clear, fremont, 880, looking pretty foggy there. san jose showing

the nasdaq fared even better up 3.5%. and that index is now just 5% or so below an all-time high of its own. some of the big winners on wall street today were retailers. many attributing it to the fall in oil prices. but the move coincides with the other big story today, of course. and that's black friday. the unofficial start to the holiday shopping season. and with the major stock averages at or near all-time highs gas prices at four-year lows and a brightish labor market. chief executives at some of the nation's biggest retailers are looking for strong sales. >> the combination of rising consumer confidence, the change that's taking place from an employment standpoint and the fact of the matter is gas does cost a lot less than it did a year ago. so i thinked combination of those factors is certainly boding well for the retail environment as we enter this important holiday season. >> it's very value driven. you know, whether it be a $10, you know, coaster, or a $20 sheet set that's what people are gravitating toward. the

the nasdaq is up by 36 points. this is the best day for november for the nasdaq. and trading bo the record close, not yet above the intraday high, but we have been following this here on "street signs." >> as we talked about the bears repeating, get this, 2,056 is the five-day moving average. if we finish above that level today or down a point or two, that will be the longest stretch above the five-day moving average since 1928. let's repeat that, it would confirm that the s&p 500 is in the middle and part of the nasdaq, i know jonathan just looked at the s&p, it's in the middle of probably the greatest 30-day rally in the history of the u.s. stock market. >> it's incredible. mind you, when you say 1928, we all know what happened after that. >> but to jonathan's point, a lot of data only goes back to 1928 due to certain types of records. but a lot of the stuff we throw out, like 1928, that was also a boom year but you never know. but this is and amazing rally and nobody seems to -- >> that's because it is so incremental of melting off instead of the big spurts up.

thees&p and the nasdaq are about to score their third straight winning week. longest streak in two onths. the transports we can't forget that. going on four weeks up. i want to get to nicole on tte floor of the stock exchangg. this week was exhausting, but exhilarating with so much news flows jrks. >> i ot to take a look at a great mover. this is a winner. up about 30 percent at the moment. sears is considering turning itself -- you remember well eddie putting together both kmart and steve and was heralded not as a ggeat retail thought, buttas a great real estate stock. if they move forwaad with this, it gives them a much better tax situation. they lease them back. so the stock is jumping. it's up about 32 percent today. that being said, as far as news flow, what a great week on wall street. dow, slight gain. a winning week. also record for the dow, record for the s&p 500, record for the transportttion index, so certainly a busy one at thaone atthat. you can see the transports hhtting records including southwest airlines and union pacific. liz: and you i have c

the s&p 500, the dow jones and the nasdaq seen modestly higher. l be back with plenty more after the break. >>> welcome to "worldwide exchange." i'm carolin roth. >> and i'm wilfred frost. republicans win big in the midterm elections, sweeping to a majority in the senate and taking full control of congress for the first two years of president obama's term in office. >> the results send u.s. futures higher, tracking a rally in europe, despite the data which is weighing on the euro and sterling. >>> a weak yen and strong sales in the u.s. boost toyota, the world's largest carmaker boosts profit rise of 111% in the quarter. >>> and a new ceo, but the same old story at pimco. the total return funds reach a record $27 billion in october. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. our top stories, republicans are all smiles today. they won big in the midterm elections come tuesday. taking control of congress for the first time in eight years. the gop capturing at least 67 seats in the senate from

the s&p though is negative off by about 5 and the nasdaq off by about 14 and talking about what's off today, bill, may have something to do with the midterms and a question to explore. the price of oil as you mentioned. >> four-year low for wti which we'll get to here and the "closing bell exchange." mark spellman joining us here at the new york stock exchange. amy wu is with us. john manly. kenny pulcari and our own rick santelli. why isn't the low on oil putting more downward pressure on the stock market hand it has? >> i'm on the opposite side of the fence and thinking that lower energy prices is better for the u.s. and global economy and why aren't we seeing that disconnect? last week at 80 and ready to break, everyone was so nervous the market would break and the market hasn't broken at all. i think there's a conscious disconnect. the broader economy, in fact, may be a boom for not only the u.s. economy but for the global economy. >> amy, what do you see in the markets especially that you cover indicating about the direction of the energy space, commodity space? are people thinki

same for the s&p. nasdaqlightly positive and helped as mentioned by apple's performance today. >> should you dump utilities and buy financials? next guest says, yes. find out why right after this. ♪ there's confidence... then there's trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts means your peace of mind. it's no wonder last year we sold over three million tires. and during the big tire event, get up to $140 in mail-in rebates on four select tires. ♪ for tapping into a wealth of experience... for access to one of the top wealth management firms in the country... for a team of financial professionals who provide customized solutions... for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. >>> welcome back. they have had good years you can see by the graphic and warning the utility sector may have run a bit too far and financials are better b