. >> welcome to "the closing bell," everyone, i'm wilfred frost along with sara eisen. stocks losing steam as we head into the close the dow giving up an early gain and the nasdaq has turned negative with just one hour left in the session. >> let's look at what is driving the action retailers getting their time in the earnings spotlight kicking things off with a bang walmart, home depot, macy's, all better than expected results more on that in just a moment. >>> housing starts plunging 9.5% in april those starts were still up 67% this year from last year shares of at&t are seeing more weakness today on the back of that blockbuster merger with warner media and discovery the stock down 8% since monday's open 59 minutes left to go in the trading day. >>> coming up kyle bass will talk to us about where he's finding opportunities right now, plus his latest thoughts on business in china. plus bitcoin has dropped 25% in the past week, but is the selling over or is there more downside to come we'll ask jeff degraffe and we'll be joined by the ceo of kellogg and whether inflatio

>> that's a good question, wilfred.administration is probably if you want to call it the most spending and most taxes. there's a lot to be debated and figured out here in washington historically there's a lot of horse trading that occurs. so we would expect less spending and fewer taxes. but regardless of that, today the announcement was made and the market basically shook it off. it heard it before, it expected it to be this way. we're looking at strength in corporate earnings we think stocks will continue to rise over time because analysts have missed the mark on corporate earnings the last two or three quarters. we think that trend will continue for the next couple of quarters going forward then you look at today's manufacturing data that was very strong using the chicago pmi as an example and it's going to be a while before supply catches up with demand. we haven't even talked about the recovering employment picture. this week we had a better unemployment claims report next friday is the big jobs report we might not

>> it's a great question, wilfred. safety protocols and in those 3,000 we really didn't have anything contact traced back to us. having proven we can create safe and affordable fun in a safe environment, this year what we've gone back to, markets vary and the conditions on the ground in each of our regions are very different. we'll work with our state and local regulators in making sure that we comply with those state and local guidelines we're seeing an easing of all the protocols and restrictions from masks to other capacity limitations in terms of people you have in the park what we're seeing is an easing of those restrictions in most locations. we're following cdc guidelines if you've been vaccinated, you don't need to wear a mask but we work closely with state and local and follow them. >> what about ticket prices, are you raising them you said you had to pay workers more to get them in. do you have to pass that on? >> you know, one of the things we've always seen any time that wage rates have gone up and there's

joining us is wilfred reilly. thanks for being here.her to ask you whether this constitutional or immoral? what is this? this is something we have never seen. >> well, i think it's obviously very unusual for a powerful elected official to say openly that they are only taking media interviews from reporters with one racial background. i mean, and a lot of stuff that's being billed as light foot is billing this as anti-racist actually seems very disturbingly neo racist. it seems like we are returning to a focus on race almost everywhere. obviously unusual, can't see this as a good thing. i also have some practical questions allah i'm from chicago. that's a very diverse city. what counts as white? would an armenian guy? arab american person? italian chicago guy? questions remain but i'm surprised by the move and hope she moves on from it. >> will: really, really good question. i like how you phrase that this is neo racism. i want to g.e.d. to a second story. where is this heading wilfred? where is this taking us this neo racism? it appears

. >> thank you welcome to "closing bell," i'm sara eisen along with wilfred frost. stocks are most low higher this afternoon with the dow hitting a record level, near the highs of the day. up 200 points, half a percent. let's lock at what's driving the action the nasdaq is off its highs, barely in green looking to avoid its longest losing streak since october. apple up just shy of 1%. the energy sectors having another strong session, up more than 3% driven by big cap names, conpoe phillips, devin energy. data coming in light today private payroll seeing big gains in april jobs below estimates ism services also coming in light, but still very strong, second highest on record 58 minutes to go, wilfred. >> the dow is close to its session highs. coming up on today's show, a interview with federal reserve vice chair richard clairida. plus two great reads on the state of the consumer in america. we are joined by the ceo of hilton and denny's both. and earnings from uber, paypal, et ceteray and many others we will bring you all of those results and analysis as soon as they

. >>> welcome to "the closing bell," i'm wilfred frost at the new york stock exchange. major averages all in the green. the nasdaq outperforming, currently up 1.8%. i'm sara eisen let's look at what is driving the action in this final hour of trade. tech shares are leading the comeback tesla outperforming. the ark innovation fund up 3.5%. jobless claims moving lower setting a new pandemic low of 444,000, but the philadelphia fed index well below expectations. >>> crypto had been staging a comeback but lost some ground after the treasury department said it was cracking down on bitcoin cash transactions. >>> coming up today, chart expert tom mcclen an says it's only a matter of time before the market runs higher with its hair on fire. he'll tell us when exactly he thinks that will happen. plus, remember this? >> charlie charlie bit me >> charlie and his brother are all grown up and turning that classic youtube video into an nft. they'll join us to explain we have been discussing this for the last hour. i've got so many questions for them both. >> 881 million views on yout

. >> i'm wilfred frost let's look at what's driving the action bitcoin plunging to its lowest level since january. at one point down more than 50% from its peak. we will have much more on the crypto crash throughout the show stocks dipped following the release of the fed minutes some saying if the economy takes rapid progress it might be appropriate to discuss a plan to discuss adjusting the pace of purchases. >>> once again, target saying standout results we have 59 minutes left. we are down 400 points, just selling off a bit this the last 20 minutes or so. >> session low was down 585. coming up in today's show, mark mahaney, tom lee, dan niles, and josh brown, and xi qiau from ubs. plus, we will speak with ceo robin hayes about the launch of flights to the uk. >> we have been pushing them for a while. they have come through looking forward to it. let's get straight to the big stories we are watching. mike santoli is tracking the market action. steve liesman has a look inside today's fed minutes. mike, let's start with you a crazy day. a couple of significant bounces but softening in the

i'm sara eisen along with wilfred frost. stocks kicking off the month on a high note. the dow is leading the gains up 342 or so with the high of the day. as we head into the final hour of the trade, the nasdaq is a laggard. it is the loser of the big bunch. s&p 500, 4211 is the high. investors digesting a slew of headlines on everything from airlines to banks to aem buffett calling the recovery red hot. fed chair jerome powell saying the economy is making real progress energy is a top performing sector crude prices ticking higher as well some key data coming in as we await friday's all-important jobs number. an ihs read on april manufacturing showing strong growth although a different gauge missing estimates. 59 minutes left to go in the session, wilfred tech is lower but everything else is up. >>> still to come, definitely to come on today's show tom barkin will join us for his first interview since last week's meeting. >>> plus the closing of a joint deal tilray creating a consumer giant. we'll speak with the ceo of the combined company in just a bit. >>> mike santol

i'm wilfred frost along with sara eisen and mike santoli.anaged to eke out a slight gain. the russell 2000 was lower by a full percent yields did move today, perhaps the biggest mover on the day the 10-year down at 1.55 investors are waiting for earnings from nordstrom and toll brothers plus we'll discuss the outlook of the summer travel season with the ceo of hyatt hotels. jason 123snipe is still with usd ernesto joins us good to see you. mike santoli, i'll come to you we mentioned yields and the sort of off the highs, off the lows, kinds of mediocre performance of the day but also consolidating what was a good start. >> there's certainly nothing that says that there's a run for the exits of any sort going on here really it's more of the same that's been going on for weeks we closed today 4188 on the s&p 500, 4185 on april 16th. that's been the pattern is that one way or another the market finds its way back to this horizontal line. it's not going to last forever markets sometimes correct by going down a lot from the high sometimes they cor

i'm wilfred frost along with sara eisen and mike santoli.wn 7 basis points which is down 0.43 for the week as a whole. the nasdaq down half a percent but eking out a slight gain for the week as a whole. the dow is up but down on the week sectors led lower by consumer discretionary and information technology >>> coming up, tech investor eric jackson on whether the sector can bounce back after its recent turmoil and where he's finding value right now. shannon from boston private wealth is still with us and michael zin joins conversation as well. mike santoli, to you, first of all. what a roller coaster week it's been whether you come away thinking only half a percent of declines for the week as a whole or whether that's a negative, i guess it could be a lot worse. >> right and like a roller coaster, it basically brings you back to where you started after a lot of up and down. that's been the story the past couple of weeks. kind of a push i don't think anybody feels that confident whether they have it all figured out here, whether it's bulls/be

they were married, apparently, by father daniel humphreys, who also baptised wilfred.ly wore a long white dress without a veil, and boris is described as looking very dapper in a suit. always nice to have a wedding on the front pages, and this is certainly quite a wedding. i front pages, and this is certainly quite a wedding.— front pages, and this is certainly quite a wedding. i was taking a look at this story — quite a wedding. i was taking a look at this story on _ quite a wedding. i was taking a look at this story on the _ quite a wedding. i was taking a look at this story on the daily _ quite a wedding. i was taking a look at this story on the daily mail's - at this story on the daily mail's website, and they remind readers that this is the prime minister's third marriage, and that he has had... i can't quite remember the adjective, but either a active or colourful private life. it is adjective, but either a active or colourful private life.— colourful private life. it is an interesting _ colourful private life. it is an interesting one, _ colourful private life.

i'm sara eisen along with wilfred frost. stocks kicking off the month on a high note.ns up 342 or so with the high of the day. as we head into the final hour of the trade, the nasdaq is a laggard. it is the loser of the big bunch. s&p 500, 4211 is the high. investor

jamie dimon threw down the gauntlet and wilfred frost has the details. >> yes indeed.und bite. it kind of continues, jamie dimon'srelatively feisty approach tothis set of hearing we got a glimpse of yesterday. >> what do you see as the greatest threat to the financial system right now and to your company? >> public policy probably not acute in the united states of america and not taking a leadership role in the world for the rest of our lives. >> congressman first and then when the other ceos posed that question gave one word answers like cyber security. that answer from dimon did come across a little bit like taking on the lions whilst in the lion's den overall probably the most combative conversation today not too heated overall. >> all right thank you very much. looks like he is poking the bear there by saying public policy is the main problem thank you very much. >>> coming up, check out this mystery chart climbing today on strong earnings. today's earnings reveal an under the radar real estate play before break tack a look at shares of airbnb up today nearly 5% af

>> it's a great question, wilfred.izuno, chex cereal launched on shopify but the majority of merchants are new entrepreneurs. yes, some of them started their store, their business because they wanted to supplement their income they needed to replace their income if they lost their job. a lot of them will continue long after the pandemic the question is, is all of this going to be side hustles at the same time as our full-time jobs, that remains to be seen. the one thing we're certain about is this idea of entrepreneurship is becoming more accessible to more people and that, i think, is a great idea. >> you mentioned your partnerships with social media companies. one in particular i wanted to ask about is facebook because i know you have a big partnership with them but they're also launching facebook shop and trying to build an e-commerce platform isn't that ultimately a threat to your business >> actually we're their partner on facebook shop when mark zuckerberg announced it, they announced it with toby our ceo so we a

i'm wilfred frost along with sara eisen at the new york stock exchange the inflation situation leading to a sharp selloff of stocks and the nasdaq is in a decline consumer price index seeing its biggest year over year jump since 2008 led by surging price force used cars, energy and more that report is sending ten-year yields higher, 1.69 to a one month high tech is lighting up the loser board with the nasdaq lagging considerably today the faang stocks all lower the arc innovation fund pulling back as well. 59 minutes left to go in the session. the dow is down 500 points. >> mohamed el-erian will be with us to talk about the inflation report plus his thoughts on how long the tech selloff could last after the trading day we will get reports from companies who have seen numerous declines from their peaks. >>> mike santoli is watching the market action. joining us, shara from -- mike, start us off with the market moves. >> an extra helping of pressure coming in reaction to the cpi number although really it is going in the same direction largely we have been experiencing the last couple of

homes compared to more privileged travelers painted on to pages of an expedition records filed by wilfred faster german progeny of a british colonial dynasty. for me wilfrid this is your symbolize kind of everything i hate. and. got a big thing to say like he is aristocratic british and who travelled with tribal people in saudi arabia and he's considered a hero by everyone in the world he gets to define what history is he gets to say what is a what and people listen and then on the other and the other spectrum of this travel. is the refugee and the refugee is passed all the job they are criminalized and they are few years. raj kumar carlo counters this image with portraits of people looking from the pages of fence sitters travel. she uses colonial era photographs to tell stories about the press. the question should be what is colonialism not rape so it's like if you think about environmental. catastrophe the environment right now if you think about borders if you think about migration if you think about military occupations everything is conditioned by colonial histories and policies and

homes compared to more privileged travelers painted on the pages of an expedition report filed by wilfred faster german progeny of a british colonial dynasty. for me wilfrid this is your symbolize kind of everything i hate. and i. got a big thing to say like he is aristocratic british and who traveled with tribal people in saudi arabia and he's considered a hero by everyone in the world he gets to define what history is he gets to say what is the what and people listen and then on the other and the other spectrum of this travel. is the refugee and the refugee is pothole the job they are criminalized and they are few years. raj kumar carlos counters this image with portraits of people looking from the pages of a church travel. she uses colonial era photographs to tell stories about oppression . the question should be what is colonialism not so it's like if you think about environmental. catastrophe of the environment right now if you think about borders if you think about migration if you think about military occupations everything is conditioned by colonial histories and policies and they

homes compared to more privileged travellers painted on to pages of an expedition report filed by wilfred facet of progeny of a british colonial dynasty. for me wilfrid that's it your symbolize kind of everything i hate. and. big thing to say like he is aristocratic british and who traveled with tribal people in saudi arabia and he's considered it hero by everyone in the world he gets to define what history is he gets to say what is the what and people listen and then on the other and the other spectrum of this travel. is the refugee and the refugee is pathology. they are criminalized and they are few years. carlos counters this image with portraits of people looking from the pages of passengers travel. she uses colonial era photographs to tell stories about the press. the question should be what is colonialism and not rape so it's like if you think about environmental. catastrophe of the environment right now if you think about borders if you think about migration if you think about military occupations everything is conditioned by colonial histories and policies and they continue. subje

homes compared to more privileged travellers painted on 2 pages of an expedition report filed by wilfred facet progeny of a british colonial dynasty. for me wilfrid that's it you're. kind of everything i hate. and. got a big thing to like. he is aristocratic british and who traveled with tribal people in saudi arabia and he is considered a hero by everyone in the world he gets to define what history is he gets to say what is a what and people listen and then on the other and the other spectrum of this trouble. is the refugee and the refugee is part whole the job they are criminalized and their fear. raj kumar carlos counters this image with portraits of people looking from the pages of us address travel. she uses colonial era photographs to tell stories about oppression. and. the question should be what is colonialism not rape so it's like if you think about environmental. catastrophe of the environment right now if you think about borders if you think about migration if you think about military occupations everything is conditioned by colonial histories and policies and they continue. f

homes compared to more privileged travelers painted on to pages of an expedition reports filed by wilfred facet progeny of a british colonial dynasty. for me wilfrid this is your symbolize kind of everything i hate. and. big thing to say like he is aristocratic british and who traveled with tribal people in saudi arabia and he's considered if hero by everyone in the world he gets to define what history is that he gets to say what is the what and people listen and then on the other and the other spectrum of this travel. is the refugee and the refugee is pathology. they are criminalized and their fear. kahlo counters this image with portraits of people looking from the pages of passengers travel. she uses colonial era photographs to tell stories about oppression. the question should be what is colonialism not great so it's like if you think about environmental. catastrophe the environment right now if you think about borders if you think about migration if you think about military occupations everything is conditioned by colonial histories and policies and they continue. subjects' games out

i'm sara eisen along with wilfred frost at the new york stock exchange a broad sell-off here on wall street on this tuesday afternoon. today for a change it's led by the dow and the s&p 500. the dow is down more than 650 points at the low. it's now down about 460. let's look at what's driving the action the nasdaq outperforming for a change after a blistering recovery off the lows of the day. it had been down as much as 2.2% climbed all the way back into the green. names like tesla, rackspace, affirm all seeing outsized declines on the data front, job openings hitting a record high in march, more than 8 million postings and the volatility index is jumping today, touching its highest level in two months. an investor is warning of a raging mania in assets 59 minutes left to go in the session. energy is the sector seeing the biggest decline today for a change. >> coming up on today's show, james bullard joins us to talk about the recovery and central bank policy. and it's the perfect day to happen as inflation fears remain a concern for investors. plus dan niles joins us to discuss the

. >> it is good to be back i'm wilfred frost along with sara eisen 14 months since we were here at post 9 as we were just saying, good to be back mainly to see old friends. i haven't seen bob pisani in months, all of these great traders. it is a little more empty than normal. >> about half the traders are back they have been taking precautions to get back. march 19th, 2020 we had no idea we thought we'll be out for a few weeks, see what happens. >> we thought the sell-off might last a little while and what a ferocious rally we've seen since then just extraordinary. >> it's the same and the whole world has changed at the same time. >> and it's good to be back on a day with a lot of market action. let's get to it. what is driving action today the market divergence is playing out once again the dow setting a record high, though its well off its best levels while the nasdaq is sinking as facebook and alphabet pull back on an analyst's downgrade. tesla making a big move lower as well the energy sectors in focus following a ransomware attack on colonial pipeline, one of the largest pipelines

last year, of course, they had a son — wilfred — he's nowjust over a year old.— borisjohnson is notoriously private about his personal life. whenever he's asked questions about his family he refuses to be drawn on that, so it's no real surprise that there isn't any official confirmation coming out of downing street this evening. this is of course mrjohnson's third marriage — he he got divorced from his second wife marina wheeler while he was prime minister. that makes him the first prime minister in a very, very long time to have both divorced and now remarried while in office. more than half of all people in their 30s in england have now been vaccinated in the last fortnight, including the duchess of cambridge. she posted this photo of her jab at london's science museum, a short walk from her home at kensington palace. 0n social media she thanked all those who played a part in the vaccine rollout. that's it for now — i'm back at the top of the hour. a reminder you can reach me on twitter — i'm @marklobel. hello, there. many places saw some warm sunshine on satu

last year, of course, they had a son — wilfred — he�*s nowjust over a year old.ree peaks challenge — in which walkers tackle the highest points of scotland, england and wales, one after the other is one of britain�*s most popular endurance events. but three mountains is not enough for a pair of fitness enthusiasts, who are planning to throw in a fourth climb — in northern ireland. who are planning to throw in a fourth climb — in northern ireland. oh, and they�*re going to row between each nation. alison freeman went to meet them. their home for around six weeks. catherine and martin will eat, sleep and travel on this rowing boat between the four nations of the united kingdom, before taking on their highest peaks on foot. a challenge that�*s never been attempted before. so this is our cabin, there�*s just enough legroom to be able to lie down. i�*m here, martin�*s here, so it�*s pretty cosy. it�*s the idea of catherine wilkins, who runs a fitness centre in northumberland. despite the mammoth challenge ahead, she managed to get martin, who works for her, on board.

he and carrie symonds got engaged in february last year, and had their son wilfred two months after thatry party press office that there has been hardly any publicity around this. we are told there will be a party for friends and honeymoon next summer. . ~' party for friends and honeymoon next summer. ., ~ , ., the newly—elected leader of the democratic unionist party, has accused the eu of using northern ireland as a "plaything" in negotiations over post—brexit border arrangements. edwin poots says brussels is damaging the peace process by implementing the northern ireland protocol, which ensures no border checks on the island of ireland but forces inspections on goods entering northern ireland from the rest of britain. mr poots says the protocol was having a "devastating impact" and leading to violence on the streets. the european commission says it rejects any suggestion it no longer cares about the peace process. the uk's biggest seller of building supplies, travis perkins, is warning of "considerable" cost increases to raw materials due to shortages. the company says surging demand

i'm wilfred frost along with sara eisen and mike santoli.the nasdaq composite down 0.4. energy, materials and financials the three positive sectors tech and communication services at the bottom of the pile. >>> coming up, the ceo of imax on the impact the at&t/warner discovery deal will make we'll break down the numbers of fisker with the ceo. >>> victor jones is still with us and chris hisey joins us now as well. mike santoli, come to you first. we missed the internals. what were the internals showing during today's session and overall takeaway on today's bounce off the lows. >> internally very well mixed, almost a 50-50 type breakdown. the equal weighted s&p was exactly flat pretty much on the day. so the median stock held up. earlier in the day, more wave of lightening up in the nasdaq names did not really buckle the entire tape. we're still testing the same range we were in last week i think the bigger picture is we came into the week with the s&p at the same level it was at four or five weeks ago. people were not as far over their skis

i'm wilfred frost at the new york stock exchange. the nasdaq outperforming as we head into the final hour, up close to 2%, sara. >> i'm sara eisen. let's look at what it driving the action right now big tech stocks are seeing big gains after the nasdaq broke a four-week losing streak. apple, chips, the faang stocks are all higher more stomach-churning moves for crypto investors bitcoin surging after a big drop over the weekend as headlines from china and elon musk send crypto assets on a roller coaster ride and reopening stocks are in the green as the u.s. records its lowest average covid case count since last week. top performing stocks are in c casinos and other reopening plays. >>> we'll be speaking with leaders from industries that could see a boost from return to normal life. today the president of live nation that stock up already around 25% on the years as the company sees robust demand for particulars to live performance. >>> plus the ceo of micron will join us. we'll take you live to the company's virginia facility for that

last year, of course, they had a son — wilfred — he's nowjust over a year old.not entirely surprising — borisjohnson is notoriously private about his personal life. whenever he's asked questions about his family he refuses to be drawn on that, so it's no real surprise that there isn't any official confirmation coming out of downing street this evening. this is of course mrjohnson�*s third marriage — he got divorced from his second wife marina wheeler while he was prime minister. that makes him the first prime minister in a very, very long time to have both divorced and now remarried while in office. that's it for now — i'm back at the top of the hour. a reminder you can reach me on twitter — i'm @marklobel. hello, there. many places saw some warm sunshine on saturday but we did have a bit more cloud across northern and western areas. but through sunday and into bank holiday monday we should see more in the way of sunshine, so it will feel warmer across the board. now high pressure is dominating the scene but its orientation, where it's sitting, is allowing a lit

unmarried couple to do so and they got engaged at the end of 2019 and they of course have a son together, wilfredeports of the wedding, and again that is not entirely unexpected. borisjohnson is notoriously private about his personal life and he doesn't tend to be drawn when he was asked questions about his family so no real surprise there isn't any official confirmation coming from downing street. this is mrjohnson�*s third marriage, he divorced his second while he was in office, and that makes him the first prime minister in a long time to have both divorced and now remarried while in office. thanks forjoining us. let's take a look at some of today's other news. vietnam's health minister has said the country is fighting a new covid—19 variant, which is a combination of those first identified in india and the uk. vietnam has so far only recorded 47 covid deaths, but is seeing a fresh surge in cases. the television producer charlie hanson has been removed from the netflix series after life and suspended by bafta in response to allegations of sexual misconduct from a number of women. the creator o

wilfred was born in april last year.estminister catholic cathedral took almost everyone by surprise. mrjohnson's divorce from his second wife marina wheeler was finalised last year, making him the first prime minister in centuries to divorce and remarry while in office. the grammy—winning american singer bj thomas — best remembered for the 1969 hit �*raindrops keep fallin on my head' — has died at the age of 78. the song — written by burt bacharach and hal david for the film butch cassidy and the sundance kid — won the oscar for best original song. 0ur beautiful bank holiday weather forecast set to continue. a good deal of dry, settled and sunny weather out there as you can see clearly from berwick earlier on. hardly a cloud in the sky for some areas. a perfect day for an outside afternoon hike in wales as well. beautiful, and the sunshine and warmth will continue. high pressure will be with us for the next couple of days. it is drifting off slowly into the north sea and that means more of a breeze developing particularl

i'm wilfred frost along with sara eisen stocks tumbling with the nasdaq seeing the brunt of the declines dow is well off its lows, though, as the guys were just discussing, only down 0.3% as we stand. tech leading today sell-off with apple and the faang stocks all sharply lower pandemic winners are falling as well treasury secretary janet yellen making comments on the economy at a conference today saying, quote, it

i'm sara eisen along with wilfred frost at the new york stock exchange a broad sell-off here on walloday for a change it's led by the dow and the s&p 500. the dow is down more than 650 points at the low. it's now down about 460. let's look at what's driving the action the nasdaq outperforming for a change after a blistering recovery off the lows of the day. it had been down as much as 2.2% climbed all the way back into the green. names like tesla, rackspace, affirm all seeing outsized

homes compared to more privileged travelers painted on to page is of an expedition report filed by wilfred facet progeny of a british colonial dynasty. for me wilfrid this is your symbolize kind of everything i hate. and and kind of a big thing to him like he is aristocratic british and who traveled tribal people in saudi arabia. and he is considered a hero by everyone in the world he gets to define what history is he gets to think what is a what and people listen and then on the other and the other spectrum of this trouble. is the refugee and the refugee. they are criminalized and their fear. counters this image with portraits of people looking from the pages of trouble. she uses colonial era photographs to tell stories about the press. the question should be what is colonialism not rate so it's like if you think about environmental. catastrophe the environment right now if you think about borders if you think about migration if you think about military occupations everything is conditioned by colonial histories and policies and they continue. their hope for true subjects' games out of th

i'm wilfred frost along with sara eisen at the new york stock exchange the inflation situation leadingonsumer price index seeing its biggest year over year jump since 2008 led by surging price force used cars, energy and more that report is sending ten-year yields higher, 1.69 to a one month high tech is lighting up the loser board with the nasdaq lagging cons

. >> thank you welcome to "closing bell," i'm sara eisen along with wilfred frost.gher this afternoon with the dow hitting a record level, near the highs of the day. up 200 points, half a percent. let's lock at what's driving the action the nasdaq is off its highs, barely in green looking to avoid its longest losing streak since october. apple up just shy of 1%. the energy sectors having another strong session, up more than 3% driven by big

. >> welcome to "the closing bell," everyone, i'm wilfred frost along with sara eisen. head into the close the dow giving up an early gain and the nasdaq has turned negative with just one hour left in the session. >> let's look at what is driving the action retailers getting their time in the earnings spotlight kicking things off with a bang walmart, home depot, macy's, all better than expected results more on that in just a moment. >>> housing starts plunging 9.5% in april those starts were still up 67% this year from last year shares of at&t are seeing more weakness today on th

. >>> welcome to "the closing bell," i'm wilfred frost at the new york stock exchange. averages all in the green. the nasdaq outperforming, currently up 1.8%. i'm sara eisen let's look at what is driving the action in this final hour of

i'm wilfred frost along with sara eisen stocks looking to finish off a roller coaster week in the greenon the week reopening names are winning on the back of the cdc's new mask guidance airlines and cruises are higher. the tsa said yesterday it screened the most amount of passengers since the start of the pandemic data is front and center retail sales coming in flat for april. missing estimates of a gain of 0.8%. consumer

i'm sara eisen along with wilfred frost at the new york stock exchange the major averages are in theh off the worst levels of the session following the worst week for stocks since february let's look at what is driving the action in this final hour of trade. apple, microsoft, netflix down more than a percent. tesla is down significantly more this follows a 2.3% drop for the nasdaq in the last week. >> there's major merger to talk about.

welcome to "the closing bell," everyone i'm wilfred frost the major indices set to close higher with >> i'm sara eisen. another sign of inflation heating up as the core personal consumption index came in higher than expected. salesforce i

. >> i'm wilfred frost let's have a look at what is driving the action today tech shares are draggingis the worst performer in the dow as tim cook takes the stand in the epic games trial. >>> another day of mixed data.

. >> i'm wilfred frost let's look at what's driving the action bitcoin plunging to its lowest level sincee will have much more on the crypto crash throughout th

. >> i'm wilfred frost let's look at what is driving the action today a slew of data hitting the tapehy of estimates while march home prices saw their biggest jump in mo

our bank expert wilfred frost is here we have seen some deals. >> we have good to see you. of banks m&a in the u.s. and haven't a tsunami arrive but ripples last year's purchase of bbva is followed by svb with boston private and m & 2 buying people's united. there's a need for consolidation pre-covid to compete with the growing fintech. but the critical extra factor for the first time in over a decade banks have plenty of capital and the share price appreciation make buybacks less 'tractive than they have been and increase the incentive to do something strategic. a few other factors to watch out for, the size. the biggest eight banks are out of the running for making acquisition. mergers of equals worth watching out for. like that formed trust and historically the most successful long term without the need to pay premium for an already elevated bank share prices but delivers and analysts favor those deals the most and then the rationale, scale applies but to increase geographic exposure or deepening existing exposure in a set region like m &t and people's deal here's kbw's

i'm sara eisen along with wilfred frost and mike santoli take a look at how we finished up the day on goldman sacks was the biggest contributor to the gains but there were a lot of winners. home depot, microsoft, ibm all near the top of the list losers, caterpillar, chevron and mcdonald's z consumer staples and financials were the biggest winners actually financials and then consumer staples communication services also added more than a percent. the nasdaq was up higher, up 0.4 of a percent it did manage to avoid five days of losses which would have been the longest losing streak since last october we did end on a high rate. there's the russell 2000 which was tdeeply in the red but just going positive into the close. the dow closing at a record high investors are set for another wild hour of earnings after the bell brace yourself, i've got results from square, roku, peloton, amc entertainment, beyond meat wait, there's more we'll also get numbers from shake shack, expedia, trip advisor, dropbox and iac we'll have instant analysis of all these results as soon as they are released. step

i'm wilfred frost at the new york stock exchange.head into the final hour, up close to 2%, sara. >> i'm sara eisen. let's look at what it driving the action right now big tech stocks are seeing big gains after the nasdaq broke a four-week losing streak. apple, chips, the faang stocks are all higher more stomach-churning moves for crypto investors bitcoin surging afte

. >> it is good to be back i'm wilfred frost along with sara eisen 14 months since we were here at posti haven't seen bob pisani in months, all of these great traders. it is a little more empty than normal. >> about half the traders are back they have been taking precautions to get back. march 19th, 2020 we had no idea