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Transcripts For CNBC Closing Bell 20120515

and now the dow is down 21 points at 12,669. the nasdaq is up four points right now. technology among the leaders today. we re up to 2906 on the composite index and s&p still below the critical 1340 level. we have a couple of stocks and story stuff on our radar this afternoon. among them, jpmorgan chase. the stock rebounding a bit today after ceo jamie dimon survived a shareholder push to strip him of his chairman title. he apologized for the recent $2 million loss but now the government is opening up an investigation. jcpenney shares getting hit ahead of the company s earnings. retail has been doing well. they will watch the company s no sales pricing strategy, which has yet to resonate with consumers. people love a bargain. and a quick look at today s market themes. gordon of rose sen blat says that the credit market seems to be more fearful of the events present and future in europe than the equity market. men time, check out home builder markets. housing starts are be

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