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Transcripts For CNBC Closing Bell 20140404

Mylin labs. Were watching a broad based selloff in technology, and you wonder, kelly, if this is the beginning of this long awaited correction in the market right now. I can tell you thats a lot of the chatter on the floor down leer. Meanwhile, u. S. Attorney general eric holder telling Congress Today he will look into High Frequency trading, something the new york a. G. Eric snyderman is also pledging to do. Will it effectively be criminalized. Really looking forward to that conversation. And the average congressman makes about 175,000 and works roughly 125 days a year which averages to about 2 1 2 days a week. I know im leading the witness on this, but one prominent member of congress is claiming that lawmakers in washington are underpaid. He said that. You will hear it in his own words just ahead. Now, here is where we stand in the markets as mentioned. The Dow Jones Industrial average only needed a couple points to close at a record high. Instead, its giving up 150 this hour. Thats

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