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Transcripts For CNBC Closing Bell 20180222

Streak as the tenyear pulls back from highs. Bob pisani here at the nyse. Lets start with you. Listening to this lovely music. Im 12 years old again another thing about today, selloff in the middle of the day. Three days in a row this is happening. Up 350, cut essentially in half. The market started very strong in fact, the cyclicals were the story. Looked like early january. What i mean by cyclicals, growth names. United technologies up 3 . Thats moving the dow up 30 points boeing was much stronger earlier in the day still up but a classical cyclical name. Lets show you 3m. These are all dow components, cyclical stocks, all of them, up 1. 5 , 30 points. This was 237, 238 and now back to 235 caterpillar up 2 , fourpoint gain another 30 points. This was almost 160 just a couple minutes ago finally, one group that hasnt been doing that well today, the bank stocks. Goldman sachs, all the big bank names are down fractionally. Even though there hasnt been huge moves in the tenyear you cant

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