Performers on the dow this year. Can it continue to impress . We will get you the numbers and what they mean for shares first with the best analysis we can offer. And do you shop differently than you did five years ago . I know i sure do. What do you buy, how much do you spend, how do you spend it, what you acquire. We have interest data on what American Consumers are doing and how the retailers are reacting. Stay tuned for that just ahead. And heres where we stand in the markets with an hour to go. The dow up about 85 points, making a run back towards the highs of the session, when it was up 109. The s p 500 up about 11, 1,915 at present. Joining our closing bell exchange, Keith Fitzgerald from money map press, jack brujon from index financial partners, Abigail Doolittle from peak theories. David kudlow is from mainstay capital management, and our very own Rick Santelli is with us as well. Abigail, let me begin by asking you, the retail Sales Numbers, macys numbers are not particularl
We have a team of people at headquarters helping us out. 18,005. 81. Dow back to 16,000, thanks to that jobs report this morning. That sent the stock market soaring, 205,000 jobs netnet created and Interest Rate goes back to fiveyear low at 7 . Well talk about all of that coming up. Well get reaction to all of this from the chief Financial Officer of deloit, frank friedman. Hell give us a view on the ground of whats really happening and when the fed will ease up on the gas plgdz and what it means. Do you know how many people deloitte hires every year . 18,000 to 20,000 every year. Is that unbelievable . We should have a good sense of what theyre looking for and what job conditions are like. Remember last summer, Dominos Pizza floated the idea of drone delivery for pizza. They even did a video. It was sloughed off as a publicity stunt. It was actually this time around when jeff bezos at amazon did the very same thing this is week on 60 minutes that was taken seriously 100 . So why the d
Major comeback over the last four weeks. But heres the thing, guys, its not just those momentum stocks. Largecap tech stocks also moving to the down side. Steve malone vich at ubs has a buy rating on apple, but he did put out a cautious note today, saying apple could face pricing pressures in china. On that note, intel and ibm will be in focus, kicking off tech earnings next week. Thats when investors will get an initial preview of what to expect in the Second Quarter. Bill and kelly . Seema, thank you very much. Lets talk about whats going on today and what it means. Joining our closing bell exchange, winnie sun from Sun Group Wealth partners, rob morgan, mark matsen from matsen money. Anthony chen, maybe one of the most bullish economists on wall street. Hes with chase. And our own Rick Santelli. Anthony, im going to start with you. The tone of the market lately, weve seen very defensive issues moving higher. Utilities are actually up today, while the secondaries, the small cap stock
Crude oil will watch, as well, down 6 of the past 7 weeks. As we mentioned, our road map begins withal ibm. A deal to offload the chip business. Markets feeling the impact of that ibm news. The dow has been dragged lower but the s p holding on. Is this a setup for another volatile week . And as it fprepares to launch after the bell, apple launches a catch. Premarket, the dow component reporting 3. 68 a share. Well below forecast of 4. 31. Sales fell across several divisions. Ibms chairman and ceo Ginni Rometty say theyre disappointed in the performance and will pay 1. 5 billion to take over ibms chip unit. David will have that interview with rometty an hour from now. What are the key questions we need to ask . You know, i think, carl, when we talk about these companies these days the theme keeps coming up, whether it was ebay, hewlettpacka hewlettpackard, and now ibm. The speed is the overriding theme, having continued to speed up. What is that doing to so Many Companies in terms of th
About everybody. Adam tensions mounting in Eastern Europe as the crisis in ukraine unfolds, president obama and john kerry today speaking against russias escalating military presence in the region of crimea. We stand on the side of history that i think more and more people around the world deeply believe in. The principle that a sovereign people, independent people are able to make their own decisions about their own lives. Vladimir putin can throw a lot of words out there but the fact on the ground indicated there right now he is not abiding by that principle. If russia does not choose to the escalate, if it is not willing to work with the government of ukraine as we hope they will be, then our partners will have no choice but to join us to continue to expand upon steps we have taken in recent days in order to isolate russia politically, diplomatically and economically. Adam Vladimir Putin today alleging ukrainian president Victor Yanukovych was overthrown in an unconstitutional coup