the s&p down 57. that's the nasdaq, rather. down 57. s&p down 17. transports down almost 100, and the yield on the ten-year moving sharply lower, 2.66%. we're back in two. here at fidelity, we give you the most free research reports, customizable charts, powerful screening tools, and guaranteed one-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and e-trade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. call or click to open your fidelity account today. which will cause me to miss the end of the game. the x1 entertainment operating system lets your watch live tv anywhere. can i watch it in butterfly valley? sure. can i watch it in glimmering lake? yep. here, too. what about the dark castle? you call that defense?! come on! [ female announcer ] watch live tv anywhere. the x1 entertainment operating system, only from xfinity. >>> welcome back to "pow

sam patel and pratibha tekkey to the s-r-o task force to the full board. >> thank you. mr. patel for seat 2 and ms. tekkey for seat 6. >> ms. tekkey, [speaker not understood]. >> correct. before we do that -- thank you -- we will need a motion to, to provide a residency waiver for ms. tekkey. >> so moved. >> okay. no objection, the waiver is passed, that motion. [gavel] >> taking supervisor tang's to move with positive recommendation, seat 2 mr. patel, seat 6 ms. tekkey, any objections? motion is passed. [gavel] >> thank you very much. okay. madam clerk, item 3? >> item number 3 is a hearing to consider appointing one member, term ending march 31, 2015, to the commission on the aging advisory council. there is one vacant seat and one applicant. >> okay. is margie ramirez here? >> good afternoon, my name is margie ramirez and i am the applicant for seat 11 on the aging advisory council. i live at bethany center with about 125 seniors. so, if i can be of help to any of them, it would be my pleasure. and i have appended for the last five months as a guest to this advisory coun

all ten sectors of the s&p are up this week. ce of broad market sell-offs, or despite what happened in biotech, even the leadership groups are holding up. financials have had a fabulous week. the kpw index is up 4%. techs had a great week. still there. rallies still in tact. >> thank you very much, bob pisani. always good to have a voice of reason, explaining what's going on in these markets. anyway, it does seem that the sharks are circling around red lobster. its parent company reported earnings this morning that matched lowered estimates, but red lobster is really the company's worst performing change and darden shares are down almost 7% this year, but our next guest says darden is still a buy. he's got a 57% price target on darden. and we should probably address this whole thing about the sharks circling. there are a couple of activist investors that would like to see, let's say, a little bit of action taken and a faster pace. what do you think is going to happen with the red lobster business? >> i know some of the sharks out

well, the s&p hitting a new intraday high today. it was a record. we're just below that record high right now. the dow is having a pretty decent day as well. the nasdaq, not so much. there's the s&p up 5.25% on the trading session. the dow is up about 72. and the nasdaq, it's down by about 11 points. shelia come ranlgian's at nasdaq. bob pisani first with the upside for the big cap stocks. >> the good news the the s&p hit an intraday high today. the bad news is, it's kind of off of those highs. we need 1878 to close at a new high. we're sitting right on the line. ipo day, big ones down here. a-10 networks make software, opened finally around $16. priced at $15. there was a little bit of a delay because they had to file an amended s-1. they did eventually open. and amber road, a cloud-based management software company, priced at $13 and you can see here, opening rather strongly and holding up there at $17. also want to note, among some of the emerging market countries, strong day. look at china, up 3.8%. the securities regular regulator on preferred s

the s&p is currently called higher by around 5 points. l be fairley comfortable inching just a smidgenon above the flat line for the year. european equities have been b firmer during the session on the dow jones stoxx 600. we've seen advancers outpacing decliners by around 8/1. the xetra dax is up 0.8%. the cac 40 is up 0.3% and the ftse mib is up 0.8%. >> all that investors are doing is saying markets are fairley priced and markets probably are fairley priced at the moment. the idea of markets going up is a good thing is completely nonsense. it's only a good thing if markets are supposed to go up. if markets are fairley quiet, then they're not supposed to go up. we don't want a bubble. >> more interesting area for equities just here, actually. and that, i think, is a much more potent story from what's going on, obviously, in europe and the -- going on and what's happening in the banking sector. >> obviously, the emerging market world either beginning to pick up. we've seen a reasonable week so far from the emerging markets. it may be the

from the 1980's until the mid-1990's, only about 35% of the money earned here stayed. now that is 45% and growing. >> we see that with income tax revenue, but also sales tax revenue. people stay here, they go to restaurants, they go to events. >> why the city? >> i lived in maryland for a year. my commute is a lot shorter in the city. >> i like the ability to walk to work and walked to bars and visit people. >> i can save money by not even driving. i like the city. >> with all of the apartment buildings opening up, it seems the same as the film, if you build it, they will come. in northwest, sam ford, abc 7 news. >> russian forces have solidified their control of ukraine -- of crimea. today, russian troops smashed through the walls of the crimean military base with armored personnel carriers. one soldier was hurt before the base commander surrendered and was taken into custody. yesterday, russia finalized its annexation of crimea. wall is the next stop for first lady michelle obama on her trip to china. beijing thatle in freedom of speech when along with access of info

lowerd of highs in the 70's, the highs only in the middle to upper 40's, even colder yet for the day on monday. the coastal storm right now looks like it will be far enough off the coast to not have much of an impact across our area. we cannot rule out a chance of a little winter mix on the outer edge of the storm. the us is tuesday. keep in mind, the strong march sun angle will keep things pretty much in check. the satellite radar, a brief theh of clearing, temperatures in the morning only in the 30's, lower 40's. that little blip moving through to the south is the small disturbance. it may bring showers in southern maryland towards fredericksburg, points out. montgomery county, the district, frederick county, not looking for a whole lot tomorrow. the clouds, unfortunately, will stick around, highs only in the 40's. colder on monday. a lot of sunshine. it will look pretty, but don't be fooled, it will feel like january. partly, mostly cloudy overnight, cool and breezy, 35-42. tomorrow, much cooler air, 44-49 the high, mostly cloudy skies, the wind out of the north at 5-10. extended

own them through the s & p, why in the world should you behave differently.your stocks every day. it's a terrible thing to think about. >> more opportunities here in the united states or around the world now? >> mr. opportuniore opportunity united states. the mother load. we invested $11 billion in plant equipment. 90% in the united states. >> there have been almost two economies here in the united states, though, the wealthy have done very well. people at the bottle tom end of the scale -- bottom end of the scale not so well. the president brought up raising minimum wage to address inequality. >> i would prefer increasing, the earned income tax. that hits everybody. working in a significant way. improving their income. no question inequality has the widened out. now the rich and rich because the poor are poor. it doesn't work that way. but -- this country has the gotten richer and richer, the forbes 400 had $2 trillion this year. that's a record by far. but most people are not hitting new records. and so, our economy is doing really quite well. but there is

market is trying to price in as the s&p hits all-time highs. the question is, whether china will finally stop its descent and rest it between 8% to 6% gdp growth and allow us in the s&p to reprise itself. i think that is the big picture. for the trade going on and the fear that's not marketplace right now, the story out about the current accounts at the new york fed, $100 billion disappearing this week, the most people are pointing at russia moving money out of the new york fed for fear of what might be applied to them. most traders would rather go home short tonight than long if they're forced into a position. >> ben raises a good point, doc. would you be a buyer or a seller today taking note, of course, that it is a friday ahead of a newsy weekend. >> right. and as joe said, you know, is there some big catalyst to prompt me to get long or to get out? quite frankly, no. again, yesterday we dropped about 1 1/3%. that's just amaze that people want to call this a panic, 1 1/3%. be real, folks. take a look at the index yesterday and take a look at

the s&p 15. the nasdaq 45 now.hat you the markets need to do to finish the quarters to the upside next. one index looks like it will be sitting out of this one. >>> also later a new study shows diet drinks linked to heart problems in women. this as news for the soda wiss could not be much worse. we'll have the latest details you need to know about, that very important story coming up. stay tuned. stay tuned. i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with applicat

earlier, unconfirmed reports of russian military intervention in the region sent the s&p lower. the whole episode underscoring just how sensitive the market is to this situation. the question now is, if the situation gets worse, what could that mean for stocks, could russia be the next black swan? we did see people during this session wanting to take risk off in response to various reports that crossed the screen. >> risk off, other than u.s. equities. when you think about it, you talked about it just before, it was at five-year lows. it's a very cheap index, but it trades very poorly, there are risks that have been taken off there all along during this thing. and then bonds again. u.s. treasuries, the world forgot during the taper, there's one safe haven in assets and it's u.s. treasuries. they've been well bid. >> mike? >> we have to remember that we still are obviously basically right on all-time highs in the s&p and although the vix has bumped up from its low, it's still a relatively low number, it didn't close as if it saw a disaster on the horizon. i think it probably would

the s&p only 2 points. ll, i just got to say for the cost of search and recovery and how important it is to our national -- international transportation system, with not invest in gps tech following for these snashth. >> maybe they will now. it takes something like this for that to happen. goldman sachs warning that stocks with super high growth expect medicatioations may be a your portfolio. seema mody names some names. >>> brick and mortar retailers struggling during this holiday season and after. so why is the mall of america in minnesota, the nation's second largest shopping mall, planning to get much bigger? we'll hear from one of the mall's top executives coming up on "the closing bell." tall the building is, or how ornate the halls are. it doesn't matter if there are granite statues, or big mahogany desks. when working with an investment firm, what's really important is whether the people behind the desks actually stand behind what they say. introducing the schwab accountability guarantee. if you're n

the 1995 strike much higher than the s&p price of 18.60. ades these on the long side is making a direct bet. >> if any of our viewers want to learn more, we have more on cnbc.com. you can catch options action, friday at 5:30 p.m. >> i want to know more about that rig he has going on. he has the glasses going. >> do you see the view behind me here? i mean, i'm a little nearsighted. but to be able to see that beautiful skyline, i've got to sport the glasses. >> nice poster, mike. >> a beautiful blue screen. has the combover, nerdy geeky thing going on. too much in silicon valley. >> get out of new york, you look better. >>> you probably carry your gadgets with you all day long. now, they may spend the night with you, as well. the company behind the sleeping aid app. >>> and king the maker of candy crush, had the worst ipo of the year. is the rest ipos about to get crushed as well? [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options

how can the c.i.a.'sofficial response to our study stand factually in conflict with its own internal review? now after noting the tkeus parity between the -- the disparity between the official c.i.a. response to the committee study and the internal panetta review, the committee staff securely transported a printed portion of the draft internal panetta review from the committee's secure room at the c.i.a.-leased facility to the secure committee spaces in the hart senate office building. and let me be clear about this, i mentioned earlier the exchange of letters that senator bond and i had with director panetta in 2009 over the handling of information for this review. the letters set out a process whereby the committee would provide specific c.i.a. documents to c.i.a. reviewers before bringing them back to our secure offices here on capitol hill. the c.i.a. review was designed specifically to make sure that committee documents available to all staff and members did not include certain kinds of information.

if we miss a little bit the s&p's will sell off. what is interesting is what if we get a really big miss or a really big win? then what's going to happen? does that bring in the federal open market committee into play? the answer iscertainly on a big miss. i don't know so much on a big win. it could be interesting if we get a really big miss in the market rally. >>what have been some of your better plays as the market has soared? >>the plays that have really worked have been the financials. they got absolutely destroyed in the selloff and they have rallied much better than even the techs have off of this. if you look at what's moving the s&p, financials have done really well the last few days. >>thanks for being on the show mark. have a good trading day. >>you too. it's on. president obama is taking steps to impose costs on russia for its responsiblity in the ukrainian crisis. i signed an executive order that authorizes sanctions on individuals and entities responsible for violating the soverienty and territorial integrity of the ukr

the s&p 500 7.5%. oint about how this was almost a crash up, you could he cexten that not just to the action today but what's happened over the past month. >> it's very interesting. i guess the russell is one way people are looking to play the long side here. perhaps they see it as less risk because year dealing with small stocks and it's a nice way to stay centered. >> u.s. focused as well. >> exactly, exactly. so i think he was onto something there, but i think people will be looking for lots of ways to ride out the volatility whether it's that or the vix. >> fascinating day. thank you. the president unveiling his 2015 budget proposal. it always for eliminating some tax breaks for upper income americans. steve liesman sat down exclusively with the head of the office of management and budget just a few minutes ago. steve, what did you learn? >> yeah, kelly, interesting conversation i had with sylvia burwell who spent time in the clinton treasury, the clinton white house, went to the bill and melinda ga

evening in the mid-60's. at the coast, low clouds through noon and it will be gone by 4:00. it will be breezy and cooler with temperatures around 60. leyla gulen? >> at 6:01, a big rig lost its way and headed beyond candlestick a big rig is trying to get to the freeway on the off-ramp from northbound 101. it is blocking currently if you need to make it off the ramp you may not be able to so use the alternate, southbound traffic not affecting. as we look at what is happening westbound 80 into emeryville you can see a little bit of a slow down the closer you get to the maze and starting with the bay bridge toll plaza you can see the cash-paying lanes are heavy and emeryville camera shows traffic moving to treasure island with a few extra cars slow things down. >> we have breaking news in hayward, with a large marijuana "grow" operation in a home. they are in the process of removing marijuana plants from the house at stonewall avenue. a neighbor called 9-1-1 to report a small fire on the roof of the house. firefi

today as far as temperatures we be in the low 60's along the coast and mid-to-upper 60's for the rest of us and tonight temperatures mostly in the mid-to-upper 40's and a few 50's around oakland and richmond and san francisco. now, the seven-day forecast shows calmer tomorrow, and temperatures are two to four degrees warmer and well stay that way through wednesday and thursday, a warmer day as we bring in spring, temperatures will fall back to near average but dry through the weekend. >> sue? >> we do have the high winds for the san mateo and the benicia bridges and other than that, there are no delays for those commutes into concord from surface streets, with an early fatal accident at willow pass and 6th. you can get around it by take concord boulevard and by 6:00 that area of the road should be open. a car flipped over the embank ment at 680 but there is still debris in the lanes and they are working on getting a clean up crew at northbound 101 at 280. and there is a couch in the lanes at 280 with cruise on the scene. to the bay bridge toll plaza there are no metering lights with a

numbers are from the upper 40's to the mid-50's an the bay.ly milder than it has been but the fog is in our east bay valley with four or five miles visibility from concord to livermore so this is san francisco and we are looking at temperatures today from the upper 50's to the mid-60's with the clouds and we are not done with the rain yet and more significant weather system is headed our way in about 30 hours . we have the full weather segment in a few minutes and i will time it out. >> back for an updatezgía$u to n bruno car cleared as we got our news van out of the way and they could get the car out of way at 280 at 380. the car now is gone. they will lift the sig-alert any moment. we will keep following that. here is the drive time headed out westbound is a grinned from the central valley to dublin/pleasanton and san rafael is good, but there is fog. we will look at walnut creek where we have mist and fog and southbound 680 at north main toward highway 24. a grew of celebrities will be displaying fancy footwork on "dancing with the stars" a

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the s&p is trying its record close again for the week once again.the dow needs a gain of a little better than 150 points to close at a new high. that doesn't look possible. but the s&p doing very well despite an escalation of sorts between russia and ukraine. >> while we know march 9th was the closing low for the s&p, it was today we hit that intra-low of 666. it is in a book of record here along with other bits and bobs. meanwhile, for bitcoin, bankruptcy hacking and an apparent suicide. we're tallying up the many headlines and problems to figure out what it means for the future of this virtual currency and others like it. >> also, an çunlikely championf boosting the minimum wage. it's conservative multimillionaire ron unz. he wants to raise it all the way to $12 an hour. what's really interesting are his reasons why. ron will join us exclusively. you do not want to pass judgment on his idea until you hear him make his case. coming up here on "the closing bell" today. >> now, here's where we stand in the market for the final hour of trade. the dow

around the bay and mid-70's. now the commute. sue? >> good morning, a reminder if you are taking pass transit it is national transit driver appreciation day. give your bus driver a hug or a thank you. we have one accident out there westbound 580 to north 680 the dublin interchange. folks coming on to the freeway got interest it with two middle lanes blocked. that will slow the drive from livermore to dublin/pleasanton area. our first shot of walnut creek southbound 680 the tail lights are headed beyond north main to the 24 interchange show no delays. >>> a story now that illustrates the danger of ignoring railroad crossing arms. a man escaped death byisms in redwood city and it is caught on video. matt keller is in redwood city. one stumble and tragedy. >> yes, it can be very addition. there is a flashing guard here and it says you will be fined if going around the gate when it is down but when people are in a hurry the warnings don't mean much. this is video from the station in redwood city back on february 18 at

financials are a pretty big slug of the s&p. but techs are bigger. and i think psychologically techs are more important. the nasdaq is certainly taken the steering wheel recently. i think it's important to point out that there has always been a segment of the market that's been frothy even during bear markets, number one. we could always point to something that looks absurd. if today it's fuel cell stock, so be it. number one. number two, at the end of the day there is no one stock that's the leadership stock. we used to think that about apple and apple fell apart and the market kept going. >> i hear you. there are some stocks out there that seem to be emblematic of the froth that exists. >> but they're tiny. >> scott, they are tiny. they're not even mid caps. we're talking about $8 stocks that have gone to $13. irrelevant. nobody owns them. >> tesla is not an $8 stock going to $13, josh. >> tesla is one example of a large stock. >> bioteches that have gone a long ways as well. that's the point we're trying to make here. there are select pockets of th

activities to the department of justice --, excuse me, referred the c.i.a.'s activities to the department of justice, the acting counsel general of the c.i.a. filed a crimes report with the department of justice concerning the committee staff's actions. i have not been provided the specifics of these allegations or been told whether the department has initiated a criminal investigation based on the allegations of the c.i.a.'s acting general counsel. as i mentioned before, our

if china is a bigger risk why the s&p is flat. >> the dax and s&p have been closely correlated since those lows. watch the dax and watch the s&p and what they're doing together. >>> in addition to the uncertainty, russia, ukraine, new economic data from china today, injecting a dose of fear into the markets. money to be playmade by playing fear. >> the fundamental problem in china, since the end of 2008, debt has grown $16 million. every year, the burden to essentially issue debt to pay the existing debt is growing. effectively, what we think is going to happen this year is similar to playbook in 2012. slow growth in the first half the government is going to talk about they're not going to stimulate, in the second half they're going to is stimulate and things get better. with china slowing, we think commodity prices are going to come down. we would be shorting joy gloe i, u.s. steel. >> a bit of a tail spin for over a year, really it's an 18-month trend here, would you be shorting it here? to me the risk/reward on shorting cliff here, i also think people make it out to be a sea born p

the s&p up 0.6%. erasing the losses that we saw on the back of yellen on wednesday and the nasdaq up by 0.3%. remember, we get kwaul quadruple witching later today. we may see more volatility into the close. european markets look like this. we're seeing some green arrows across the board. ftse 100 up by 0.3%. the xetra dax, germany and ftse mib up by around 0.3%. so certainly more trading with a positive buy. there is caution in the market as the west is ramping up sanctions against russia and we're wary of any tit for tat action coming from russia. let's get back to earnings. nike's earnings beat with futures orders, but its shares seem to be under pressure in extended trade. cnbc's sara eisens tells us what its earnings implies for the global economy. >> a strong quarter for nike as sales dumped 13% beating the street's estimates. what do the consumer giant's earnings tell us about global spending is in the? in the united states, nike's most important market sales jumped 12%. western europe coming ou

the upper 60's to 70's and in the evening, delightful and upper 50's at the coast.ulen? >> the accident i reported at fremont southbound 680 although it sounded serious is a noninjury accident. happy to report that. a car slipped down an embankment and landed on the roof but the person is not showing any injuries. >> southbound 880 we have another accident that is blocking a lane and you have a little bit of slowing in the area and slow-and-go traffic in that southbound direction. to walnut creek southbound 680 at highway 24 an accident blocking a slow lane and we are seeing delay coming through pleasant hill to walnut creek from highway 4 to the 24 junction it will take you 14 minutes. >> we continue to follow protecting news in friend, a stand off between police and a shooting suspect has forced investigators to shut down the intersection if both directions. leyla gulen has been talking about it all morning going on since 3:00 this morning. police say a man was shot in the leg this morning and the suspect took off. here is the seen right now, police appear to focu

the shanghai composite off 0.2% and the s&p/asx 200 off 0.5%. kets down, as well today. the cac 40 and the xetra dax down 1% off 0.8% on the ftse. what about our guests today? here is roadway cap ooh some of the thoughts we've had on the channel. >> the end basically is really quite a lot in the last, especially ukraine price. obviously, the flow, stay defensive at the moment. so you have the problems in the ukraine and spilling over in the end. but also, at the same time, we have seen weak data and weak pmis in china, as well. it's to go along on the dip commodity surge. >> i think you're will say already seeing that would be associated with tensions. and i think you are seeing the periphery in particular from those tensions. you've obviously got relatively nice yields at the same time and under the umbrella of the ecb safety net. i think you're also seeing that. >> if i can make money from italian banks trading up through value, i can make 50%, you know, on my money or more, then why wouldn't i do that? yes, in three years' time, no balance she

the s&p is off 9. and the nasdaq is off 52, bill. >>> once again small caps and biotech, they're leading the sell-off today. the second day in a row the biotechs have been routed. we'll hear from somebody who says the down tourn by these two former high flying market lead he is should have you concerned. >>> cisco shares also down around 4% this year making it one of the worst dow performers in 2014. should you stay away from cisco or is there value to be unlocked? we'll have a stock brawl when we come right back. des reliable it services like multi-layered security solution to keep your information safe & secure. century link. your link with what's next. ♪ [ male announcer ] you're watching one of the biggest financial services companies in the country at work. hey. thanks for coming over. hey. [ male announcer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones makes sense of investing. . [ mal

we are trading 16 times board earnings for the s&p 500. historically, for the past five years, we are trading at 13, 13.5, we are high. it's by no means a bubble. but it is priced for perfection. so if there are any disappointment, we could see a consideration. >> megan, i worry at this point because if people have been sitting out, are they buying at the high surface. >> they are probably buying at the upper end of okay, if there is such a technical term as okay. when we look, erin was saying you take a look at what people are paying for a dollar's worth of profit or the price earnings ratio of the stock, almost every part of the market, lashlg cap value, large cap graet, mid-term cap and growth, they are trading above their historical pes with one exception, large cap growth. i like etfs. all right. so i would say ivw would be a great way to go get large cap growth. it is trading about 87% of the historical pe. it's the only sector when you look at any kind of a chart they still sell at a discount. otherwise, we are still selling at fair

we have, what, 6% of the s&p five hundred stocks hitting a new high today. they must be happy with what's happening politically? >> absolutely. yesterday was pure fear trade. when those of us who have been in the business long enough to know when we smell fear, that's a buying opportunity and that is exactly what we were presented with today. take a look at today's numbers. take a look at the russell 2000. that is market what most professionals consider the canary in the coal mine if you will for the direction of the market, up 3% today. no indication of any giveback from the russell. that gives the strength to the rest of the market to continue this upside move. adam: do you think we've seen, a lot of people talked about a three to 5% correction. do you still see a correction coming at us? or do you think as you said yesterday was driven by panic and we're past it and off to the races. >> this will sound a little strange. i'm hopeful for a correction. i think it is good for the market to have a correction. we had a seven 1/2% correction from the highs in the

inland we are in the home 40's and the rest us in the mid-40's and 50 in san francisco. is moving away. that is the pressure difference between the low and the high and now it is just the high pressure dominating our weather and we are having weakening offshore flow but, still, offshore flow. we are still going to be above average today and tomorrow and the offshore flow re-develops but it will not be too windy saturday and sunday and temperatures are in the low-to-mid 70's at the coast and low-to-mid 80's elsewhere and 5- to 10-degrees cooler by the time we debt from monday to tuesday and best chance of light rain is on wednesday. >> quiet. not seeing any accidents. not reported at the moment. mass transit is all run on time and 44 bart trains with no delays and ace trains one and these are on time and all buses all running smoothly. we have a led up of traffic at the bay bridge toll plaza and treasure island loosens up over the altamont pass, pretty busy but as we go into san francisco we still have a closure and we will be there until further notice and 4th street bec

the s&p the official. and what we know is it keeps over and over and over bounces off its well-defined trend line of the past year. but now take a look at one of the leading four stocks in the group. celgene has bounced and bounced. now it's starting to falter. which is to say it's broken below its trend line. that's the first one to do it. that's how trouble starts. one starts, then the next. take a look. here's celgene versus the biotech index. of which it is a big part. here what is we're talking about. this breakdown that's occurred just recently is now -- you're seeing this as a divergence between celgene and its own group. so if we go back to the chart of celgene. now not only do we have the break in the trend, we have a minor head and shoulders top forming. it's fairly well defined. the neckline is right here and the presumption is that we break. finally, you can look at it this and just rely. just relying on this mechanism. the average is about to go flat. put in your head and shoulders top. put in

few a nice warm-up with a passing clouds and in the 60's today. we will be in the 60's for the next few days. later in the week the weather conditions will change. for the moment, clear skies and , 63 in gaithersburg, 67 in quantico. the official high at reagan national. it looks like we will be at that level are better for the next three days or so. morning.y early in the there could be a few suburban locations posted her 32 or 33 degrees by tomorrow morning. ,he chilly air has receded caribou, maine is the cold spot on the east coast. sunshine and with even warmer for texas. on the other side of this map comes much colder temperatures. this map shows how much warmer it is now than yesterday at this time. what is coming next? high pressure will move off to the east and pick up a few clouds. 60's again tomorrow and then by wednesday we will get a push into the upper 60's am a but with the front there could be an isolated shower north and west. this is reflected in the futurecast. generally very pleasant weather, some could see a sprinkle tomorrow a

the s&p flat, the dow flat, the nasdaq also flat. are really looking at the high of yesterday in the s&p, 1873. we are looking at that to see if markets are over once again to the fed announcement on tapering. other traders are using weakness tobuy, seeing if it leads new highs later on, specifically in april. stocks we want to update you on, shares of the solar company are surging today as the company holds its analyst day. big announcements includes pushing out the low end of its 2000 and 15 -- 2013 earnings guide. high with record efficiency. we are back in the markets in 30 minutes. more "lunch money" is up next. ♪ this is lunch money on bloomberg television. we are streaming live on bloomberg.com, your tablet, your smartphone. i'm adam johnson. it is moving pictures now where the video is the story. hundreds of students stormed taiwan's legislature protesting a trade deal with china. they say gives china to much influence over its economy. they are staying put and plan to occupy until they agree to review the agreement. to the c

one person on the ground was hurt. n-t-s investigators say they should have a preliminary report on the crash in a few days. but it will take about a year to finish the full report seattle police have released new images of the scene of kurt cobain's death. police say with the 20th anniversary of the nirvana frontman's suicide approaching, they knew they'd be getting plenty of questions. investigators came across the new photos when they were going through the cobain case files. they saw drug paraphernalia in two previously unseen photos. police have now linked the man suspected of killing mendocino county sheriff's deputy ricky del fiorentino. to another murder. police in oregon believe ricardo chaney killed 79- year- old bundy wasson. wasson was found shot to death in eugene, oregon on wednesday. authorities arrived at his home as it was going up in flames. chaney was shot to death by another officer after allegedly shooting deputy del fiorentino. kron 4's scott rates went to napa, where the deputy grew up. and talked with

any positive finish for the s&p 500 would be a new all-time closing high. we're watching those markets very carefully. and these stories as well, including this historic bull run. the official bottom can be marked to march 9th, 2009, five years ago this coming sunday, so happy pain's bottom anniversary. a new report that shows americans have never been wealthier, but there's a catch. you had to be in the stock market to the benefit. michael farr will be with us to make the case that you have to be in it to win it. that's especially true for young people. we have the facts and statistics to back that up for us. >> something he says is the case even at these levels today. if you missed out five years ago or five months ago, he'll make the case for today. >>> could the crisis in the ukraine still end up being a speed bump for the market? both sides digging in ahead of next sunday's vote on who will control crimea. the current prime minister saying he will allow russia to take it back. if no one blinks, will is the stock market look vulnerable again? >>> also, w

equities are concerned, the s&p and the nasdaq pretty flat. right now, we are called higher by 0.25 points for the s&p, dow is down over 3 points, the nasdaq up 1.5 points. european equities an hour and seven minutes into the trading day, ftse is down 6 points. the xetra dax stronger than expected data out of germany. the cac 40 is down, flat, as is the ftse mib, as well. check in on u.s. treasury yields. after that jump up posted jobs report from 2.73 to 2.82, just coming down a little bit. on the currency markets, not far away from where they were yesterday, remember, we hit that fresh 2 1/2 year high on friday of over 1.39. the u.s./dollar, just over the 103 handle. sterling, 1 .6623. that's where we stand in european trade. li sixuan has the updates out of singapore. >> thank you for that, ross. china markets not able to hold on to their morning gains after the mild drain of 6.3 million from the system. modest gains on the shanghai composite. the shenzhen comp ended flat. elsewhere, cutting its yield on exports, the nikkei 225 still gained

we have seen the s&p and the nasdaq in the green for the year 2014.a look at some of the retailers in focus right now. sales have been falling lower-than-expected results in the latest quarter. tough competition, e-commerce. that is another factor. cost go saw profits fall 15%. they did have lower international profits for foreign exchange rates, radioshack, a name we followed so closely hit a new low, $2. i wanted to pull up the 10-year chart. back in 2007 this was a $35 stock. 2010 it was $24, so it is not 35 but still 24. today $2. it really shows you and puts together a chart to show you how frustrated the shareholders really look. cheryl: we will see you in just a little bit. waiting for the big monthly report coming out tomorrow morning. so far the stocks have jumped around to various readings on the labor market. the disappointing adp private sector job growth number sent stocks lower in yesterday's trading, but then today a different picture. s&p 500 hitting an intraday record on jobless claims. which direction will the pendulum swing tomorrow

at 7:00, we will have temperatures in the mid-50's at the coast and low-to-mid 60's around our bay and inland. it is a morning commute event. on wednesday and thursday we hit the low-to-mid 70's away from the coast. now a morning commute. >> nothing happening right now but the drizzle on the road you just mentioned. we have road work and this is between san carlos to the belmont area holly street for most of the morning. antioch area, the green cells is where the weather is affecting your roads not necessarily rain coming down now but slick roads and rank is getting out of antioch fine. we will hook at san rafael where traffic is flowing smoothly. at 3:00 this morning the roads were bone dry but at golden gate bridge thick fog and limited visibility. >> a new twist in the resignation of oakland city administrator and why she could be coming back to city hall. >> the crisis in ukraine may make the morning commute more expensive. >> a popular tech conference is sparking political controversy with calls for pulling >>> covering dalai daly city ans gatos. >> investigators will be at the sc

the chilly start. lower to middle 20's for lowe's -- lows. the winds have settled down for the time being. middle 40's in fredericksburg. upper 30's and lexington park. here is the cold front. the green indicating temperatures in the 30's and 40's. as you head further north and west, 20's and even single digits. they are at seven degrees. the colder air will move overhead for the day. it will modify bits of sunshine. a little bit nicer out there. temperatures will be quite a bit cooler than we had today. highs only in the upper 40's to lower 50's. here is satellite and radar. the clouds increase in to the north and west of us. be prepared for a few showers, but not expecting it to add up to a whole lot. here is the futurecast. once the showers move on out, are skies will clear and lots of sunshine for tomorrow. a sunset tomorrow evening a -- 7:30.t past 730 daylight savings time back into effect with us springing ahead one hour. chance for a passing shower, but limited to less than 30%. degrees for an overnight low. for the day tomorrow, upper 40's to 50's. that will give us a little bit of

remember the 1990's? everyone was a whole. ise of growth that we did get eventually. it started being marked by that over optimism. >> somebody is buying, obviously. 20%arnings have grown about on average. you just don't have that kind of growth. >> what is the outlook? this pessimism out there, if you look at the average forecast on wall street, they are looking for again out there. not a big one. >> it is basis -- basically cautious optimism. what are most investors saying? so far they have an right. no matter what you throw at this market, ukraine, argentina, whatever it is. >> really quickly, when you talk to investors, what are the biggest risks that you see that could derail it? >> we really need to keep the -- keep it going. >> appreciate it. for "on the markets," i am julie hyman. ♪ >> this is "taking stock" for monday, march 10. i am pimm fox. will meet to executives who say they will bill the bitter -- build a bigger and better network for all electric vehicles. will debate the future for the payment

in place of asking any questions, the c.i.a.'s unauthorized search of the committee computers was followed by an allegation which we now have seen repeated anonymously in the press, that the committee staff had somehow obtained the document through unauthorized or criminal means, perhaps to include hacking into the c.i.a.'s computer network. as i have described, this is not true. the document was made available to the staff at the offsite facility and it was located using a c.i.a.-provided search tool, running a query of the information provided to the committee pursuant to its investigation. director brennan stated that the c.i.a.'s search had determined that the committee staff had