But somethings going on with technology stocks. They have been going south for the last week. As the blue chips were going higher. Even though thats not happening today. Were going to look into that coming up. A lot of momentum names really rolling over. Momentum really romming over. We continue to follow twitters amazing first day of trading today. The stock jumping the moment it began trading. Just before 11 00 a. M. Is when it opened. Ipo price was 26 a share which was priced last night. A huge move today. 86 on the upside. We are going to welcome to the program dan niles later on, ask him what he thinks about this. If this momentum can last. He nailed it on facebook. A lot of people want to know what he says about twitter. Coming up later on closing bell. Looking forward to that. It has been as far as we can tell a glitch free day for the trading of twitter. Coming up, were going to talk with duncan niederauer, head of the New York Stock Exchange. It feels like a winning locker roo
But she is our youngest justice. And do any of you think that these kinds of things could have gotten into a Supreme Court opinion 30 years ago, 50 years ago at all . Did they have similar . Rehnquist quotes gill better and sullivan. Not totally different. I guess thats his version of an pop bapped. For 50 years ago touf ask tony or david. Thanks, bob. We cant remember. Weve talked about what good questions Justice Kagen asked and Justice Ginsberg asked. We passed yet another term with no questions from Justice Thomas. But he did Say Something one morning and it created quite a irestorm in the press. Are you up to date on that . I remember, we all kind of and the press gallery looked at each other and, did he really Say Something . It was hard to tell. T was sort of a quip made in passing. But he was he leaned toward the microphones, which certainly seemed like he intended it for it to be heard. And this was a case that actually ended up getting dismissed, boyer versus louisiana, about
Oil lower and baker hughes. Searching for some green on the board, which we always do here on countdown to the closing bell. Technology for once the only s p sector today moving higher. Its been a a real downer over the past couple of months but right now apple is charging forward, up nearly 3 as anticipation for the mini ipad because you know, we all upgraded to the ipad 3, which youre not supposed to call the ipad 3. Now we need the mini ipad. The anticipation continues to build this week. When will they unveil it . Wwll it be the day they come out with earnings . Thats thursday. Lets get right to the floor show. Traders at the new york stock exchange, cme group and the nymex. Kenny, friday you and i talked about how what might we see this week. We see this follow through with the losses today but with the nasdaq down just 3 points, im thinking it was down 67 points on friday, how worried are you about tomorrow . What do you think . Heres what i think this morning and i said it to yo
Fiveday losing streak yesterday. A lot more fed speak on the way today. Europe got some strong confidence numbers in both the u. K. And in italy, although that italian 10year ticking up yet again this morning. Our road map begins with jcpenney. A potential payout to top execs coming in much bigger than expected. 80 million should a sale to a buyout group be completed. And nike share higher premarket after its Quarterly Results outpace expectations. And on this day in 1993, david faber first clicked on his mick cr microphone on cnbc and the rest is history. I wondered if that was coming. Did you know it was coming . I thought maybe because they sent me a little pin. Did you know that was what happened at ten 20. Oh, 20 thats a fifth of a century. Thanks for reminding me. Jcpenney is offering 84 million shares at 9. 65 apiece. Of course this offering itself someone unexpected given what been a believe that it did not need to raise equity or need to raise any liquidity. Ceo mike ullman co
Starting to push northwest corner of Sonoma County going to steer this entire system down to the south while the storms will keep moving southwest to northeast at 30 to 40 miles per hour. Expect waves of showers through the morning commute, even into the south bay, going to get down there over the next hour, hour and a half. The rain will turn to more showers in nature that means it wont be as steady and maybe see a little sunshine. The steadier, heavier rain for the morning commute, scattered showers for the afternoon, mid to upper 50s coast, the rest of us upper 50s to mid 60s. Chain requirements sierra highway 50 and 80 at this hour. Make sure you are carrying chains or allwheel vehicle macarthur maze traffic flowing nicely into the bay bridge toll, 580, 880 and 80 towards the toll plaza metering lights off. X1mknd ]ucnojtqfy earlier bart delay cleared, muni, caltrain all on time. We have 580 at harris still have that accident you might want to take 880 to avoid that. Highway 29 old