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Transcripts For CNBC Squawk On The Street 20120615

the rally. a 118 point swing in the last hour of trade, the biggest in a month. volume has claimed for four straight sessions. how much of this is for real? and what about those headlines about central banks being on stand by if greece implode these weekend? are they to be trusted? spanish yields are down and now close to 7%. and microsoft bills a major announcement. could it make some strides in the war against apple? men time, future is on the rise after yesterday s rally on hopes that global central banks stand ready to act this weekend if the greek results speculation turnover sparks a big jump in the dow and the final hour of trading before it closed yesterday. up 156. we were up 200 and change, jim. wa did you make of this action yesterday? when you see the word liquidity, anytime you see the word liquidity, i don t care whether people think the central banks are happenless or hopeless if you do nothing. no trader wants to be short when they see the word liquidi

Transcripts For KPIX CBS 5 Eyewitness News 20110507

injured. no word on suspect information. we will be following this throughout the morning for you here on early edition saturday. it is 8:01 a.m. thanks for joining us today. a cooling pattern for the weekend. temperatures cooling down. that trend will continue warming up again by mid-week. partly cloudy skies, bit of patchy fog here and there around the coastline this morning. in and around the bay. again, we ll hang onto filtered sunshine through the day and cooler temperatures as the winds ramp up here, across the region. also, we ll be taking a look at flooding conditions in the midwest here today. severe flooding along the mississippi river. as we look at this map here, little green boxes are all counties that have flood warnings up at this hour. big snow melt, combined with torrential downpours, associated with strong thunderstorm activities, has been sweeping through the southeast, the last few months, adding to the problems there. you see most of the return showing

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