What would that do to investor euphoria . Well talk about that, coming up in a moment. Theres another entrance into the fast food space today. Bojangles. Take a look at that huge first day move soaring on this first day of trading. Up. Weve seen that menu before. Ha, ha, ha. Were here for two hours, folks. Uber may be looking to ditch google maps and, get this pay 3 billion with a b dollars for another service. What are they going to get for 3 billion . People gave it to them, apparently. All these crazy ams of money another story we talk about all the time. In the markets, the Dow Jones Industrial average close to the highs of the session, higher by 271 points a gain of 1. 5 . S p is also higher by more than 1 . So is the nasdaq. Nasdaq is up 53, almost 54 points. Were still talking about whether or not it could regain this 5,000 level. Its recovering at 4,999. Gosh. Good chunk of the session. All right. Lets get to our Closing Bell Exchange today. A lot to get to with our guests. We
Back after the tenyear hit a sixmonth high earlier in the session. We talk to pimco chief officer scott mather in just a few minutes. And treasury yields across the pond as well have had a huge gain. Also that picasso painting sold at auction last night, a record 179 million. Economist norle ra lle lle Nouriel Roubini will be here. He thinks some people use expensive art as a form of Money Laundering, unquote. Hes at it again. Hes dr. Doom of the art market. With an hour to go in the trading session, the dow is down about 18 points. Again, fall back into positive territory. An ounce of downward pressure only a little bit. The s p and nasdaq giving up 0. 2 right now. 4 points and 10 points respectively. That level for the nasdaq 4983. Lets talk about this in our Closing Bell Exchange for this tuesday. Chris ressler is with us rob morgan checks in from sethy financial and Kevin Guinness from Raymond James is with us so is ken moret. Kevin, youre head of fixed income there at Raymond Jame
help. that s why we are proud to present your business on msnbc.@ws hi there, everyone. i m j.j. ramberg and welcome to your business, the show dedicated to helping your small business grow. since today is mother s day, we thought we d devote our entire business to running a family business. christina and linda have always been close, so it was only natural that linda started helping christina out when she started her jewelry company, christina v. neither of them ever guessed that linda would become the number one employee. it s a tuesday morning in huntington bay, long island. christina sheldon and her mom linda are in her kitchen making lunch for some friends. how many times do you think you ve been in this exact position, mom and daughter preparing a meal together? a billion. too many. i don t know. every day this happens. every day. but this isn t just another social lunch, this lunch is about business and the business is christina v. christina s 8-year-old j
released a statement expressing his sympathy and sadness regarding this tragedy. he says victims could have been any one of our parents, children or someone from our communities. amtrak is like a second family to me as it is for so many other passengers. for my entire career i ve made the trip from wilmington to washington and back and have come to know the conductors engineers and many others. men and women riding home to get home every night and our thought and prayers are with every person grieving and we pray as a nation for the victims and their families. our coverage will continue. this is the end of our hour and andrea mitchell will pick up the breaking news coverage for you right now. it s time for the your business entrepreneur of the year. christina sheldon and her mother have always been close, so it was only natural that linda started helping christina out when she started her jewelry company christina v.
recorder that s expected to shed more light on why that train derailed. ntsb investigators are still combing through the wreckage for clues and the company is cooperating fully with its investigation. amtrak will do everything in its power to assist in the investigation and brought every resource to support that effort. this is the amtrak family. we are very saddened by what s occurred and will do everything in our power to work with the mayor s office ntsb and all authorities to do everything possible in dealing with this tragedy. the train was heading to new york from washington, d.c. when it derailed. it just left its scheduled 9:07 p.m. stop at philadelphia s 30th street station. when about 9:28 p.m. the train derailed with such force it ripped the steel rails right from the tracks, tearing down overhead electric wires. all seven cars derailed many rolled over. if you see the video there, absolutely mangled, in pieces there, rescuers are using cranes to upright the ca