Well ut dow posting its biggest oneday gain since early february. All ten s p 500 groups are higher with Energy Leading the way. Weve got bob pasani on the nyse floor, dominik right here at hq. What can key Technical Levels and josh lipton on the very tough month for tech. Bob, you first. Blastoff around the globe this week. China from the outset ended near the highs. Germany starts early today. U. S. Starts at 9 30 eastern time. Theres a pat he were here. Global buying. You can blame it on comments from the peoples bank of china officials. Whatever. Theres the s p futures. We actually gapped up twice. Once at 330 when europe opened and once at 9 30 when we opened. Were at the highs for the day. In terms of sectors, i have been of the opinion that we are seeing some end of the month rejiggering since the beginning of last week. Were seeing it again today. The biggest losers for the quarter are Energy Financials utilities, and industrials. Those are the only four sectors down on the qua
Oil under 40 bucks. Tenyear slipped below 1. 9 on a weak adp jobs number. Godaddy shares pricing above the expected range. Well talk to the ceo after the first trade. Simon properties withdrawing its offer for rival mall operator macerich after it gets rejected like we told you they would. Walmart Holding Investor Day at nyse putting pressure on suppliers joining the religious freedom debate. Futures are lower. Data from adp showing the private sector added 189,000 jobs last month, a miss. It was a mixed First Quarter for stocks. The nasdaq was the big winner up almost 3. 5 . S p up more than. 4 . Like the nasdaq posting its nintendo consecutive quarterly gain. The dow did finish the First Quarter in negative territory after the drop yesterday of 200 points. Earlier on squawk, sam zell believes stocks in fact overprized. Theres a significant and growing disparity between the stock market and the economy. Almost every company is turning in numbers that are less than expected. Revenue pa
Investments. Welcome. Welcome. Are you stretching the definition of what a cup cake is, given that it is in a jar . The fomc is expected to stay on should a cup cake be a its current path. Handheld not if you want to ship it and Janet Yellens first news nationwide and keep it fresh. Conference as fed chair begins good stuff in a jar. At 2 00 p. M. Eastern time. She will likely field questions it is good stuff. On everything from the impact of a jar. Cup cakes in a glass jar, the weather to the economy, political unrest in ukraine. Where did you get this idea . Im sure some bozo is going to when we started our business, we knew that they wouldnt stay ask about being the first woman fresh and they wouldnt arrive on the job. Looking very nice. So my husband saw a show on canning. And he said, why dont you put the cup cakes in mason jars. And my daughter and i thought that was the dumbest idea ever. But it turned out to be a very good idea. Du apologize to him . Yes, many times. Do you thi
We will tell you about that. And jim cramer warning of a top for stocks possible. Last night he did it on mad money. We will hear the sound that could shape the markets. Youll find out what others are saying as well. First lets check in with sue at the nyse. Sue . We have a modest market gain but we have a big stock, individual stock, on the move right now. Seema mody joins us with the news. Thats right, check out riverbed technology. Elliott management has increased its offer to acquire the company for 21 a share. It had previously offered 19 a share. Elliott has about a 10. 5 stake in riverbed. The stock up better than 5 . Sue . Thank you very much. We will keep an eye on that. We are also keeping an eye on shares of tesla, up 16 on a bullish call from Morgan Stanley. Consumer reports also loves the company and so does wall street, as you can see its up better than 600 in a one year period. You heard me right, 600 . Phil lebeau with more on Consumer Reports top cars list and a first
Overnight in shanghai down almost 4 as the yuan sits near a sixmonth low. The roadmap begins with the markets, the s p starting off shy of the fresh record high and the nasdaq beginning from right around its highest level in 14 years. Home depot is posting quarterly profit above expectations and boosted dividend. Different story with macys and shares slipping after same store sales came in below expectations. And jpmorgan expected to announce job cuts in its mortgage and consumer business. The bulls off to a good start, the dow jumped more than 100 points and closed at 16,207 and the s p hit 1858 before pulling back and closing at 1847. Thats a point away from its alltime closing high. And as we said, the nasdaq reaching a 14year high before closing off its best levels. Jim, you said last night you would try to play the role of the skeptic. I do not like to see the nasdaq at a 14year high. I took to heart some of the comments we said on yesterdays show which is when you Start Talking w