equity right now. five major mortgage lenders today reaching a landmark settlement with state and federal officials over foreclosure abuses. i ll be talking with one of the key white house officials behind the deal. housing and urban development director shaun donovan is here today. the dow jones industrial average up about 7.5 points, well off the highs of the day. volume once again on the light side. 12,081 last trade on the dow. the winner on the session, nasdaq at 2,927. the s&p 500 flat on the session, up a fraction, 2 points at 1,351. let s get to bob pisani right now. he has the details on today s market action. we had very good news today. in fact, i enumerated five reasons why the market should have been up today. let s go through them. i think this is good news overall. we had a tentative greek deal, let s not go further than that. we also had good jobless claims. apple was up 4%. bank of england is pumping money into their company. if this was four months ago, th
officials have agreed on austerity measures and securing the rescue package from the eu and imf that they ve been aiming for. however, we ve only seen leadership from the technology sector today. that s helping to drive the gain in the nasdaq, especially, which we ll talk about. speaking of technology, apple shares up nearly 4% again today. the move helping that tech giant reach striking distance of $500 a share. apple is higher on the back of upbeat analyst comments, and speculation about a march announcement about i pad 3. more on that story straight ahead here. maria? let s take a look at the major indices. there we are, the dow at 12,899. a gain on the session about 15 points. just shy of the high of the day which really happened about 10:00 a.m. this morning. nasdaq up 11 points. money moving into technology, as that is the winner in 2012. s&p 500 looks like this. similar chart pattern. s&p just shy of the high as well with a gain on the session just barely 2.5 points.
it was ponzi scheme, there is no doubt about it. to the collapse of the house of cards. a complete roller coaster. do you think we ll ever see anything like that again? hopefully not in my career. the story of wall street s addiction to other people s money. tonight, the turbulence, the triumphs, and the lessons learned from the bubble decade. if if. the nanks staer of the past deck sid a best told as a story about bubbles beginning at the heist of dot com euphoria. it was one of the greatest speculative bubbles the stock market had ever seen and it reached its apex with a handshake on the 10th day of the new millennium. as steve case embraced jerry la vin, they announced that aol, the best known internet company of the 1990s was buying time warner for $180 billion. we announce the merger to create the first global media and communications company of the internet century. it was the coming of age moment of the internet industry. with brands hike time magaz