one trader told me he was having connectivity issues. also another trader says there was a software update done overnight. in addition the new york stock exchange sent out an alert to all the traders here on the floor of the new york stock exchange saying there was some sort of connectivity issue with 220 stocks, but i don t think any of the traders expected the floor to be shut down today for more than three hours. the closing bell just rang. i don t think a lot of the traders on the floor expected that to happen. there was the usual clapping at the closing bell. i think this time around jake they were clapping because they were literally happening about there being a closing bell a lot of people were skeptical, because skeptical whether they could get the computers onloon. and the el stocks took a hit
buckle, new jersey governor chris christie takes drastic measures to slim down. is he getting into a fighting weight for 2016? good afternoon. a very busy show today. the latest from cleveland in a moment but we ll begin with the money lead and breaking news on wall street. our alison kosik is in new york. the closing bell just rang and apparently the market hit another milestone? you can bet they re popping the champagne bottles this evening on wall street because for the first time ever, jake, the dow is not just closing at 15,000 but above it, blowing past it closing at 15,056. sure on friday the dow hit 15,000 during the session but this today is the first time it s closing above this milestone. funny thing is there wasn t a lot going on today to move the market in the way of earnings or economic reports although there was some upbeat, economic data out of germany. plus we ve got that continued good karma coming from last week s jobs report.
ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. let s go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we don t know the final number, but we know it s very positive. it is. the numbers are settling. we re seeing the dow up 340 points. the nasdaq s&p up more than 300%. the bulls busted out of the opening bell and never looked back. this is what investors have been waiting for. these debt problems plaguing greece. and besides plugging greece s debt hole, this plans to safeguard against future shocks. it s a step forwards in instilling stability in the marketplace. being there is such a powerful positive reaction, do investors see this as a done deal? is this crisi