the s&p, this is the one-year chart, he the s&p 500, it's come up to this 2100 level. you have a massive day today. a little knee-jerk, a little give-back from what we had, the selling earlier in the week. what's going to help us break out? where's the leadership going to come from. names you listed before, they have been leaders throughout this whole bull market. and in some ways they are like a teflon portfolio of some of the stocks and i want to look at some of them since they reported. here's apple here, it's up in the mid to high teens. it was up that way at a new all-time high heading into the earnings. this was earnings, the stock has sold off, down about 5% since they reported earnings. and we'll notice a trend here. here is disney, the same thing. an all-time high. they sold off about 4.5%, 5% after the earnings. here is nike. same sort of thing. this is reported back here. it spent the last couple of weeks going down and then comes back. and then starbucks, the same thing. what all of these stocks have in common is there is is a massive premium on them other t

the s&p, this is the one-year chart of the s&p 500. 's obviously come up to this 2100 level on numerous occasions. it had this massive day today here, was a little knee-jerk. it was a little giveback from the selling earlier in the week. but really what i'm trying to figure out is what's going to help us break out. where's the leadership going to come from. and those names you just listed before, they have been leaders throughout this whole bull market. and in some ways they're kind of like a teflon portfolio of u.s. consumer stocks here. and i just want to look at some of these stocks since they recently reported earnings. here's apple here. it's obviously up in the mid to high teens. it was up that way at a new all-time high headed into the earnings. this was the earnings. the stock has sold off. it was down about 5% since they reported earnings. and we're going to notice a trend here. here's disney. same thing. it was at all-time high headed into earnings last week. the stock sold off about 4.5, 5% after the earnings. here's nike, sa

the 1890's. that is a national trend. but there is a geographical peculiarity to chicago that means that plate gglass in chicago is much cheaper than anywhere else in the u.s. in the 1880's, a very large glass field was discovered in a central indiana and ohio. plate glass is incredibly energy intensive. it uses that in tremendous amount of coal, and by the 1880's, natural gas. this is why so much of the industry had been located around pittsburgh. wendy trent tengasco was discovered in the 1880's, two industrialists who had been working in thiss pittsburgh did the math. they looked at the surveys of the gap field and looked to the most robust real estate market in the country, which was in chicago. they realized that they located a factory in indiana, they would have a monopoly on chicago's glass. the other plant was in crystal city missouri, so about twice as far away. for about 10 years, the two largest plateglass firms in the world were located in kokomo, just down the rail line in elwood, ind

the s&p is up 4.5% and it is only up 5%. and we know facebook is eating into the once monopoly and they have a lot of competition as far as social media and to me i think there is an interesting opportunity. google, there are a couple of things to look out. they have a new cfo that they guaranteed a $70 million pay package and she came from morgan stanley and the sentiment will change as investors start to get focused on the potential for her to return the $70 billion in caps on the balance sheet to investors. and it reminds me of apple, the huge cash pile sitting there and it is burning a hole there, before apple went out on an epic, epic return. >> and mike is buttoned up tie. and what is the catalyst? >> they need to broughten out from search. they don't have that many other lines of business. apple, believe it or not, is more diversified than google. the one thing i would say, and dan pointed this out, they have a huge cash pile. and when you strip the cash out, the company is trading at a little less than 16 times earnin

the s&p scored a record high shares of the vote. what that means, to further powers over business taxes or welfare powers or whether it is over continued austerity which scots have voted against, i say this directly, it cannot be business as usual. if you so ugly turn your face against what people in scotland have indicated support for, then what you will see -- what you will say to people in scotland is that westminster is incapable of responding. let's have a discussion about how we want to build on this. mr. davidson will put forth -- miss davidson will put forth her views on taxes. i will put forth my views as well. let's move from the starting point. the people of scotland must be listened to. that is the starting point i begin with and i hope it is one miss davidson will, too. [applause] >> kevin stewart. >> i am pleased to hear the first minister say that s&p mps will do everything to hope the 3 billion pound cuts to the disability benefits. the best way to stop the erosion of the welfare state is to do evolve social security

your seven day forecast starts in the 60's, back to the 07's in the weekend. memorial day 86. tuesday we will hit 90 degrees. big changes on the way. back over to you. >>> kate thank you. >>> nba mvp step curry has been men to take over a game but his daughter riley took over his press conference last night. >> i know, hold on one second, daddy. >> be quiet. >> yeah, it is time to go. isn't she cute. >> you can see her she waves hello to reporters. hi guys. maybe a little bit past her bedtime but she seemed to be enjoying it what a cute little >>> most people, as they saw there in the woods would be scared panicked but not this swedish man. >> wow. >> that is what they actually say you are supposed to do, ralph person was out with his wife and dog when this bear charged they were filming at the time and he raised his arms to appear bigger and give a roar to scare that bear away. what they say is you don't want to runaway. it sound counter intuitive but the the bear thinks you are bigger than you are. i remember my parents with take to us yellow stone and they make a scene. you

we had not written the history of the 1920's carefully enough was part of the problem. i will give you three or four observations about the 1920's and if you want to substitute the decades following the 2008 failure do so. we failed to highlight how in the 1920's rapid financial innovation combined with inadequate policies. we failed to explain how in the 1920's capital flows to one half of europe from the other half of europe for setting it up for a fall. we failed to explain how in the 1920's the naive believe that advances in scientific central banking rendered crisis a thing of the past and that was conducive to additional risk taking. so they called it the new era in the 1920's we called it the great moderation in the decade leading up to 2008. we credited inflation targeting and modern central banking. they credited the creation of the fed in 1914. different specifics same general point. i think recent experience suggests the need to write this earlier history more carefully had we done so earlier we might have seen more clearly how the same factors were at work i

the s&p 500 finished at a record. the dow jones is just a point away from one. the reason, the win behaves and the dollar declined and by close the dow jones industrial o 18252 and the nasdaq gains nine and the s&p 500 gains two points to 2121 which is a new high. much of the focus is on the dollar falling back after climbing sharply. the greenback is headed for a fifth weekly decline. sara ize an looks at the trend and what top strategist says could happen next. >> from earnings to economy, the dollar moves are making waves. after a runup the dollar has plunge to a four month low. getting whacked on weak u.s. economic data most recently disappointing retail sales. but the bulls are han in there. strategy edgists see one for two for the dollar great news if your hanging out for the european vacation. >> they believe the u.s. tries to lower the threat of the dollar but it had an impact on the s&p 500 companies. >> and they see a strong dollar against the japanese yen and seeing it to run up to 124 and get stronger next year. that doesn't mean it will be a smooth

"real america," featuring archival films from the 1930's through the 1970's. c-span3, funded by a local cable or satellite provider. ♪ >> ♪ planet earth is blue and there is nothing left to do ♪ >> sunday night, veteran canadian astronaut produced many videos on his activities on the space station. >> the only time i felt a shiver of fear go up my back was on the dark side of the earth, looking at one side of australia. eastern australia. watching a shooting star come in between me and the earth. at first, i had the standard reaction of wishing upon a star. that i had the sobering realization that that was a huge, dumb rock going 20 miles a second that missed us. if it had hit us, it was big enough you could see it, we would have been debt in an instant. >> sunday night at 8:00 eastern and pacific on q&a. >> each week, american history tv sits in on a lecture with a college professor. even watch these classes at 8:00 and midnight eastern. next, iowa state professor

the s&p 500 is down 19. sdaq falling about one and a quarter percent after all of those economic reports this morning. the deal charter communications hoped for 15 months ago. they have made a bid to buy time warner cable at $55 billion. last year time warner rejected charter and what with comcast's $45 billion bid. of course that deal fell apart. >> time warner is more valuable today because they have been successful during this process. robin and his team have kept their eye on the ball, grown their business. we have grown our business. we are comfortable where we are today. it's a different circumstance than it was then. both their behavior in our behavior is different and i'm pleased the way it all came out. pimm: thomas rutledge, charter's chief executive. the time warner, comcast deal regulatorydue to issues. charter not expected to have that kind of trouble. assigned a business and investment management picked up in the second half of the year and new home sales also picking up. sales rose almost 7% an

one thing in particular is the s&p 500 has risen. risen so much over the last couple of years. investors have wanted to toticipate in ipo's, outperform the markets. this year the benchmarks have not been that stellar. same is true on the supply side with companies going public. over theent public last two years. there is a smaller pipeline this year. issuesu factor in the surrounding energy, the uncertainty surrounding energy and a few other factors, it just isn't that right time to go public right now. this i will come back to idea of benchmarks. and when you to comment on the technology business and this idea that people are piling billions of dollars into private companies. is that different than it was in the past? >> definitely different. if you look at shopify yesterday, it was a great deal and well executed. that to last week, carl icahn put $100 million into lyft, the number two player in the ride sharing space, which should give you a sense of one man doing an ipo, how much money is going into the private market. if you look

this is a little boy's shirt from the 1920's. this was an experimental time for patchwork. is not a design that made it down today. the designs were bigger in the 1920's, and sometimes they were not used any longer than that particular decade, really. but this is a very cute little shirt. and the colors you see are typical of the 1920's as well as the orange, especially, the purple. whether or not these are colors that were just available or whether these were colors that the seminoles particularly picked out because they like us, really nobody has done an analysis on that, but the pinks and the mustards and the purples were very heavy in the 1920's. this was cultural tourism, and that is how i saw it when i was writing the material in the 1970's. this was a positive thing for these people. i was living with them. i knew them so well, and i knew they still looked up to coffing er when he came to town until he died. they thought this was granted, and this was just part of their history. when they were part of the tourist attraction, sometimes the owners who would lead the at

there is more trade in the 1890's than it is in the 1920's, 1930's, 1940's, and 1960's. it takes until the 1970's were people to be trading as much again. there is more trade and interaction. the world's more global in the 1890's and it was in the 1950's. counterintuitive, isn't it? you can see american trade is in the technology and agriculture. it is dominated by agriculture then and in many respects to their hands in hand economic and technological changes are military changes. this world is connected to this world. they are one and the same. they are many of the same people. this world is connected to the military role. -- world. it is the power to produce this that is also the power to have a world-class military. it is a building of the railroad that allows the movement of products to chicago. no railroad, no chicago. no railroad, no modern union army. the railroad is essential to lincoln's army. it is essential to the columbian exposition. it is essential to the way american power developed any late 19th century. remember the point that we made on tuesday, it is th

she was also quite an accomplished aviator throughout the 1930's. she was the first woman to fly around south america. she flew around the perimeter of the continent of south america which was sort of a big deal back then. it was pretty wild, undiscovered country for the most part. she set down in some rather interesting places, had a pistol with her the entire time. even before floyd bennett field was opened in 1931, america, of course, had women aviators. harriet quimby was america's first woman pilot. here she is with -- here are the first two female american pilots. matilde moisant and harriet quimby. she was an accomplished pilot, but she was treated more as a novelty. she actually died sort of tragically when she was booked out of her airplane. as you can see, that's her aircraft. there was not all that much thought given to safety. any time you got in a plane, especially in the early years of aviation, it was a pretty dangerous undertaking. >> [inaudible] lincoln: yeah, mm-hmm. if you want to see an actual bleriot, there's one at the cradle of

then slowly falling in the 70's late this afternoon and then in the 60's later tonight. sixty-three is overnight low. both of these numbers well above average. when i come back we will take future tracker six view of the, rain for this afternoon and then tonight. we will also project tomorrow when that also looking to be a warm humid day. rick, is there a nice change in the accu weather seven day around mid week and we will have that for you too coming up in just minutes. >> all right looking forward to that thank you. >>> in other news a school bus accident in northeast philadelphia sent two people to the hospital today. the crash sent the bus into a utility pole at intersection of byberry and thornton road. other vehicle had heavy front end damage. police say both drivers were hurt and taken to the hospital in stable condition. no students were on the bus at the time. >>> interstate 295 is reopened in south jersey, after a deadly accident last night. police say a truck crashed and burst into flames near route 73 overpass in mount laurel. one person was kill, 295 was clo

the s&p is as well here at 7 points higher on the session. the nasdaq adding 31 at a level of the moment at 5,080. >> let's talk about things in our "closing bell" exchange today. we have with us this monday, margy patell tim gramadovic and jeff kilburg from kkm financial, kevin kelly from recon capital partners and our own rick santelli in chicago. >> this is a theme we've had for a while. brian sullivan was saying a while ago this could be the quietest dow record close in maybe ever. still this low, low volatility we're seeing these days. what do you make of that right now? >> it's remarkable, bill. another record day here. we see 34 new highs, 52-week highs, the s&p 500 was very similar to another root canal. that's the sentiment here in chicago. no one is excited. like you said, it's indicating a low volume. you're seeing the vix subdued at 12.5 right now. there is premium in the vix. this complacency is not being represented through the whole marketplace. on this monday you're right. look at one thing. look at gold in the last week. up 5

and this forceill be in contntrol until the 20 80's. o get that right in terms of cost, but at the same time, ensuring you have the right requirements. go: whaare some of the core requirements that have to be in that s? you guys traded d apart that some people thought would be necessary to operate. what are some of the court capabilities as far as you're concerned? >> thehe biggest thing you have to worry about as far as new construction is stealth. elements ostealth have to be baked d in at birthth. to go in and change the e entire propulsion plan because you have come up with sothing or realize you're not stealthy enough, that would be very cosost prohibite. ththat is the biggest area w we spend a lot on. we are putting some new technology into that. at the s same time, to be sure we get that balance there are numerous other aspects of the program being pulledthrough fr ohio. for example, the missile system itself is not a new w missile syststem. it is a d5 missisile system with a life extension. the strategic weapons system at control

the bulls kick off an instant party. s&p hitting an all-time high right after the fed minutes were released. complete turnaround for the dow jones industrials too. we have the man who can read in between the line of fed speak. john hilton. if your car is carrying a potential ticking bomb. what do you do? what will it cost you? we have answer about the air bags and dangers lurking at your local atm. we'll show you exactly how sophisticated hackers are cashing in on your accounts. your protection lies in your own hand. singular. the bicycle has been around for centuries. how about a motorized troik. oh, yeah, and the indian motorcycle too. last hour of trade. let's start the "countdown." ♪ >> breaking news the volatility or fear index is dropping like a rock, and we are seeing that the bulls have 59 minutes left to show. they mean business. does the federal reserve mean business? john will tell us in just a moment. other head lines we're watching at this second. rush begins. 34 million people need to replace their takata air

suburbs in the low 40's. definitely chilly in the morning. a warm day tomorrow after the quick start, the temperatures warming. the temperatures probably in the 70's again, where we were today. if that is not warm enough for you, sunday we go back into the 80's. monday, well into the 80's with heat and humidity. it will feel like the unofficial start of summer. i think the shower chances hold off until the middle of next week. that is good news for the weekend plans or at the beach. tomorrow, lots of sunshine after a crisp, cool start, comfortably afternoon, middle 70's. heading to the beaches tomorrow light wind out of the north at five to 10 look at the beach weather temperatures. the delmarva beaches, low 60's at best. in the carolinas hatteras, in the 70's, but around here low 60's. a little chilly in the water. in the mountains, plenty of sunshine near 70. the three-day trend shows how the conditions the next couple rd. if 88 is not warm enough for you, look at the seven day outlook. we are pushing 90 deg

this is the most shorted stock in the s&p 500. at means when the shares are up, you might see the upward move exacerbated by short covering. that could be some of what we are seeing today. on the other end is united rentals, as it was yesterday. this is one of the worst performing stocks, down 7%, falling yesterday after commentary by management that business trends in may were not fantastic. or was analyst commentary on the back of that today that is sending shares lower. if you look at a longer-term -- it a five term chart has done quite well over the past few years. it looks like the two day drop we are seeing could be the worst since 2011 or 2012, depending on where it closes out the session. scarlet: julie hyman with the latest. the short interest -- i love that. alix: of course you do. scarlet: the bird flu potentially -- alix: the bird flu potentially could be raising the price of your eggs. we are looking at the worst ever u.s. outbreak. for the 2 million birds have been lost. 10% -- 42 million birds have been lost, and 10%

low 70's with a breeze at the shore, mid 70's in the poconos.ut 90 degrees temperatures as we head past memorial day. i'll show you the seven-day forecast in a few minutes. natasha. >> justin thanks. >>> even though memorial day weekend packs plenty of sun and fun many people spent the day learning about american history. tourists filled independence mall in philadelphia today. it was a long line to get inside to see the liberty bell. yes everyone remembered those who died fighting for our freedom. >> living history on the east coast is so much different than the west coast. it's fascinating to see this stuff. >> we live in such a historic city and sometimes we take that for granted as philadelphians and we don't know the history of our city. so that's what this weekend is all about. >> we also talked to officials at the national constitution center and they tell us memorial day weekend is one of the busiest times of the year. >>> for a complete rundown of everything happening over memorial day weekend just head to our web site, cbsphilly.com. >

>> well, the equity market if you look at the s&p 500, the chart of the s&p 500, going back to decembers in an accumulation phase. it can be sloppy on a daday-to-day basis. (?) we don't have any finality until the middle of june. we'll have the sloppiness for the next couple of weeks. >> why the middle of june? everybody is saying the earliest is december for rate hikes. >> i don't think it will have anything to do with what the fed does. we have overhead resistance. which means the s&p can't break above that number around 2125. yet the market is still going to be higher if you look at that chart. that's a trend line that was set in december. about the second week in june is where i draw my chart. that's a bullish pattern for equity markets. we should see a break to higher highs. it doesn't always happen. we don't see the market as overbought. it has room to move. one of the key things the reason it's been bouncing back and forth. look what's happening at the ten-year yield. as that trends higher. equities sell-off. as it comes in, then we rally back. that's what you've been seeing toda

the 1870's produce the 1890's. civil wars and foreign interventions, wars of unification, germany, you can -- japan, and united states producing competition. we are the new kid on the block along with german and japanese friends at the time. this world gives the united states a lot of power and creates a lot of older abilities as well. it creates new obligations. it creates new challenges. the most significant one is the integration with actors, consumers, economic producers who are far from the united states. a powerful the united states becomes, and this is true today, the more powerful the united states becomes, the more dependent we are on the actions of people far away. the clearest way to make that point in our world today is to think about energy resources even though we are taking a lot of oil out of the ground now in texas and elsewhere. we are part of an oil market. how much oil do sound is produced even though they might be producing less than us affect how much we pay for gas. there are times where we ta

the s&p up 22. the nasdaq up 65. it's the outperformer today, up 1.3% and back above the 5,000 mark. >> the dow and the s&p chasing records, especially the see. the dow has a ways to go but you never know. that could happen today. there's the s&p, three points inside record territory. we'll see how we do as we go to the close here. >>> up next, does he see sunshine or dark clouds ahead? the ceo of marriott vacations gives us his take on the global economy and where he's seeing the fastest and slow growth. >> and ringing the closing bell, as a matter of fact. >>> another train tremendous death railment involving nonpassenger cars. it happened in pittsburgh. we'll talk with the head of the association of american railroads about how technology may help prevent rail disasters in the future. when a moment spontaneously turns romantic why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat ere

it is at least as important as the 1790's. we would not have seen a second successful government if there had not been a first. we won the war. foreign troops on our soil. we put down a rebellion in 17 a 84. there was the northwest territory act. a constitutional convention. it was a successful government because it was with good leaders in the 1780's. why haven't historians jumped on theat and written a pulitzer prize-winning book? if i were younger, i might tackle it. any other questions? thank you very much. [applause] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> monday night at 10:00 p.m. eastern on american history tv, and nbc news special report -- communist saigon from may 25 1975 reports on the capture of south vietnam's capital by north vietnamese communist forces. the details the weeks of the end of the the and him

it is at least as important as the 1790's. we would not have seen a second successful government if there had not been a first. we won the war. foreign troops on our soil. we put down a rebellion in 17 a four -- 1784. there was the northwest territory act. a constitutional convention. it was a successful government week as it was. so why haven't historians jumped on that and written a pulitzer prize-winning book? if i were younger i might tackle peter: any other questions? thank you very much. [applause] >> you are watching american history tv. all weekend, every weekend, on c-span3. to join the conversation, like us on facebook at c-span history . >> the new congressional directory is a handy guide to the 114th congress, with color photos but every senator and house number plus bio and contact information, and twitter handles. plus, a foldout map of capitol hill, a look at congressional committees, the president's cabinet, local and state governments. order your copy today -- it is 13, 90 five dollars -- it is $13.95 on c-span

bob hutton: in the 1890's, the death penalty had been around for a long time in human history. it is right around that more americans are starting to wonder if this is how justice should be carried out. as early as the 1700's you do see people in europe and the united states begin to question whether the death penalty is moral or just. nevertheless it remains very popular in the united states up until the present. as early as the 1880's many european countries are doing away with the death penalty around 1900. it is one of the biggest controversies in the western world as to whether or not this is a viable form of justice. i think the 1890's the end of the 19th century, americans found themselves in the middle of that question. >> is that the period your research deals with, the late 19th century? bob hutton: it sure is. it is a particularly violent time in american history. >> why did you choose that? bob hutton: because of the disorder. the civil war remains a popular subject for historians and the public. i have tried to get people thinking about what happened after the civi

plus keeping an eye on the s&p 500 possibly closing at a record. r elizabeth war and has a new conservative counterpart in her crusade against wall street banks. senator david vitor of louisiana. the unlikely pair have joined forces onto bills in last week, the latest targeting the fed's emergency lending power. joining me now is someone in favor of this legislation, no surprise there. dennis kelleher, the ceo of their markets, a nonprofit that lobbies for financial reform. also with us is our bloomberg ,ontributing editor, bill cohen who thinks the bill is ridiculous. why is it ridiculous? bill: some oversight of the fed is probably a good thing and more transparency is definitely idea, ifing, but this i understand what they are up to, this idea of limiting the feds emergency powers are in a crisis is foolishness beyond belief. why limit what the fed can do in a crisis? why telegraph you are limiting it? it makes no sense whatsoever. wall street needs reforms, thanks need to make sure what happened in 2007 and 2008 never happens again, but this is

another record on the s&p by one point. second day in a row that we're looking at another record for stocks. the s&p unable to hit its interday record yet. 21235. but another record for stocks. i got to say it's a pretty yucky record. t's my technical term. we keep getting this lumpy data but still grinding higher, yucky records? >> yes. people think the economy is generally recovering but it's not so great and certainly not so great that it would spur the fed to do any sort of imminent rate hike. i'm trying to avoid stay -- saying it. but some would say it. alix: i have to point out one area that was a little bit weaker. the dow transportation index. 6 kers -- 6% below its record high. 7% off its interday lie. >> it's interesting because sometimes people see the transplants and indicators of the market overall -- over 8 there are economically sensitive areas, airlines, rail, certainly a yellow flag of caution. alix: it does raise a really good question of the broader implications for the fed. hsbc had a note out, very drar

upper 70's around the coast andlow 60's upper 70's around the baylow 60's on the coast.armer than it has been the last few days. >> thanks spencer. >> still to come on 7 news at >> still to come on 7 news at 9:00. coffee commitment. how long would you wait in line for the favorite cup. >> in honor of asian pafic american heritage month. we use our 7 news instagram feed directing significant event where you live. >> this merial day we look back at 1949 san francisco base trial of tokyo rose infamous radio host accused of harming u.s. military morale during world war ii with anti-american propaganda. >> tokyo rose was wrongly entified as japanese american ooev a found guilty of treason and sentenced to continue years in prison. >> she entually received a pardon get the complete balced nutrition of ensure. with nine grams of protein... and 26 vitamins and minerals. d now with... ...twice as much vitamin d ...which up to 90% of people don't get enough of. the sunshine vitamin! sure. take life in. >> if you good up to tahoe this summer you captain get around the water taxi. o

an amazing win for the s and p. completely dominant. ere is a game of thrones aspect of one end of the country being upset at the other one. anna: when you look at the electoral map scotland looks like a different country. >> it looks like an independent country in the sense of the elect oral map areas there is the prospect of tensions between the north and the south but generally speaking investors will be pleased with this and will regard this as continuity and i think the risk that a labor lead government would opposed to market are beginning to evaporate. anna: utility company's breathing outside relief? >> this is perhaps the only sector that sold off in advance of the election on the prospect of a labor victory. anna: thank you very much for joining us. michael o'sullivan the chief investment -- david cameron tweeting a happy picture with his wife after conservatives are set to remain in power. here is the latest count. conservatives 319 and labor have 198. many more counts to come in but it does seem as if the conservative party r

the s&p now down 4 points. ch looked like a lock about an hour ago for a new all-time high is now negative. it's 2 points shy of that all-time high. the dow down 47 points right now. at 18,238. let me show you the vix, the volatility index. this is a year-to-date chart we'll show you, just this continued move lower, bob pisani and david darst. we're at the year's low right now and earlier in the session we were below 12. haven't been there in a while. >> it hit the low as yellen's speech came out and everyone saw there is nothing new. she was spewing the standard line. we dropped down at this point. but remember something, we have holidays here and the vix looked out 30 days. there's not as many trading days. that's another reason the vix may be lower, just sort of a technical reason overall. >> it feels like a coiled spring. >> well said. there's this complacency and non nonchalant nonchalant. coil spring is perfect. >> it goes very well with a chianti. >> i have to leave it there. >> thank you, professor, as w

>> the s&p has very few problems. 's down 1.25% from the all time high in the last couple weeks but when you look under the hood there are rotations and then there's stock sectors that act poorly. you just mentioned industrials. on a day like today, those stocks were really headed -- a couple of them were headed to 52-week lows and when you have cummins, naff star, joy global, you mentioned honeywell, you had ge down 1%, you would think the s&p is reflecting a better economic environment going forward but off very economically sensitive sector that doesn't act particularly well. that can be troubling. >> this is a space, first of all, that was fuelled largely by a huge commodity run that had gone on for the better part of a decade. now you add to that the fact that you have a strengthening dollar, these two things combine and one could argue these stocks haven't come off anywhere near enough. obviously if the commodity bubble hasn't completely deflated in south america, for example, caterpillar gets a lot of its revenu

the dew points will be in the upper 60's, 70's, really humid tomorrow. the kids may not need the jackets tomorrow because it will be a mild morning, hot in the afternoon. we will track the storms in the forecast coming up. leon: heroes save the lives of a young boy on rockville. the seven-year-old nearly drowned in a community pool. the child remains of the hospital for observation but is expected to be ok. roz plater has the response. roz: this is a family counting its blessings. they sent us a picture of the seven-year-old, posted early this morning, saying how thankful he was to have his seven-year-old twins in his life. he could not know then by the end of the day he would have many more reasons to be grateful. memorial day at the community pool suddenly turned into an emergency. a lifeguard spotted a child laying still at the bottom of the pool. the man closest to the child pulled him out. >> by the time we had gotten him up something just said he was going to be all right. roz: it did not look that way at first. terrified family members realized it

the between congress and the executive branch in the 1970's. so where did the church committee come from? why did it come about at that particular moment it did? as i said, it really was the first large-scale investigation of what it was that american intelligence agencies had been doing in the latter half of the 20th century heard at that point,. want to talk more about what some of the causes of the church committee were. we want to talk about what some of the consequences of the church committee were for the intelligent establishment or politics in washington. many reforms came out of the church committee hearings. some of which made a great deal of difference. others of which did not make much of a difference at all. and there were some dashed hopes about the significance of the changes that will come out of the committee as well. we will talk a bit about the policy consequences. and i think also the consequences for the images of american intelligence, citizens relationshi to the intelligence agencies in the wake of what was discovered by t

these have been in the 30's and 40's the last few days, in the 50's today. near 60 is more humid. e real-time temps, near 70. fairly mild overnight. the memorial day parade around the capital tomorrow, into the 80's. upper 80's, 88 after the parade. keep the bottled water handy. in the sunshine it will feel hotter. you want to stay hydrated. hot and humid tuesday steals eve -- feels even more humid. we will track to complete forecast with you in a few more minutes. kellye: ahead of the holiday, the sound of thunder and the mission of remembrance. hundreds of thousands of riders crammed into the pentagon and made their way to the national mall as part of rolling thunder. all of the noise meant to bring attention to veterans issues, including prisoners of war and missing in action. >> i have seen mothers and fathers go to their graves not knowing what happened to their son. kellye: for the first time this year, three banners went up near the vietnam memorial. they contain more than 7000 names of those killed in action in iraq and afghanistan. if you plan to ride the metro tomorrow se

the s&p better by about 20. the nasdaq up by more than 50 points.ollowing yesterday's market sell-off. today's gains aren't enough to wipe out -- nicole petallides going to send it to you. investors seem to be tuning out the noise. we started the week with a white knuckled ride. it looks like the dow and the markets are coming back a little bit even though the volume is kind of light. nicole: yeah, and the volume is worth noting. yesterday was one of our heaviest days of 2015. today we're back to that average type volume. it doesn't show a ton of conviction. up arrows nonetheless. and we've also had the vix. throughout this week has shown some nervousness today. taking a breather. i wanted to show you the big movers of the weekend. a lot of them related to social media and the like. names like twitter and linkedin. yelp. those have been the names that have dropped 20% this week. twitter down 26%. lumber liquidators, down. now that was down over 3%, the russell. it may bounce back. the traders are watching that closely. they tie it closely to the eco

another record on the s&p, by one point. second day in a row that we are looking at another record for socks. the s&p unable to keep its intraday record yet, 2125, but another record for stocks. i have got to say it is a pretty yucky record. it is not really moving that much. joining me now is joe weisenthal. joe, we keep getting the bad data. everyday i am saying record high, and where up, what, a couple of points? it is not a huge takeoff. joe: yeah, it is basically the same story every day that we have been getting for, i do not know, 60 years now. which is the data is not that great, but it is not that bad. you're going to say goldilocks right now, and i will totally roll my eyes. joe: i am trying not to say it. we have got more mediocre data, but the bottom is falling out. alix: you know what is not moving echo transportation stocks. goes, dow transportation there goes the dow. 6% off closing high, and without the intraday record high, interesting bird that is an outlier. joe: definitely a yellow flag to watch, i would

>> the s&p has very few problems. when you think about i. it is down one and a quarter percent in the last few weeks. when you look under the hood, there are some sectors that act very poorly. you mention the industrials on a day like today, those stock, a couple of them, were headed to 52-week lows. when you have cummin, na vastar, joy, honeywell, you would think the s&p is reflecting a better economic environment going forward this close to the highs. you have an economic sector that doesn't act very well. that can be troubling. >> this is a space first of all fueled by a huge commodity run that had gone on a better part of a decade. now you add to that the fact that you had a strengthening dollar. these two things combined. one could argue these stocks haven't come off nearly enough. obviously, the commodity bubble, caterpillar gets a lot of revenues from overseas. that's a real problem. of course, if we are going to see a rate hike later in the 84 that, will strengthen as a result. >> in the sector, there are two types. one crude have nev

the larger the slice, the larger the weight in the s&p 500. terials come industrials which are down the most today. all of those 10 industry groups are down. it shows you not only the depth of the selloff, but the breath of the selloffs we're seeing today. mark: thank you so much. david reports on the world's biggest rally. first, let's go to francine lacqua in london. francine: european indices are selling for a third day. it's all about greece. talkshave been little between greece and its creditors. that has spooked investors. with the biggest losers. london down some 1.3%. greek officials plan to hold a conference call today. maybe that will be some soothing words. ais was initially meant to be meeting face-to-face. we've had comments from the federal reserve -- fueling concerns that rates will rise this year. that's having an impact on all of these european markets. doing betterhat is is the low-cost carrier adding some 5% in today's trading session after reporting an annual earnings jump. it has a bright outlook for the rest of the year. o

all the 90's on sunday. charleston, west virginia, the fourth, fifth day in a row they are over 90-plus. 92 nashville. montgomery, alabama, pushing the mid-90's. factor in the humidity, that is really hot even this early. with that comparison as highs, we have a chance of storms. combine the cold front with severe weather the last couple days, you have heard about ana. made landfall north carolina coming inland, getting weaker. the national hurricane center issued its last update. said monday afternoon it will be due south of the region. it will have a possible influence to enhance the moisture, give us a shot of widely scattered showers and storms. not a lot coming. no chance of high wind or widespread heavy rain, but the combination of heat and humidity, scattered storms in the afternoon and evening. tuesday, detectors do not go down, they will actually spike. hine. take away the humidity with the dry air, breezy southwest wind the highest combination of the easier possibility to heat up the dry air. more c

in the 1920's and 30's. out of those 22-30,000 people, there were about 3000 people that were japanese-americans who survived the bomb in hiroshima. and then they decided to come to america, beginning in 1947. because america is obviously where they were born and grew up in. their history is very fascinating, although it is being relatively little-known. fascinating in that it really changes our perception of survivors as japanese citizens who were loyal to the japan as an empire at the time, in that they were both victors and victims at the same time. the japanese-americans who were in hiroshima and nagasaki, why were they there? >> that is what immigrants do, they go back and forth. they may be living in america, and yet their parents may still be back in japan. that was the case with most of the people i studied. they may have been visiting their grandparents because they wanted to see them or maybe some of them were ill so they wanted to see them before they passed awaty. there are so many reasons why the