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Transcripts For CNBC Closing Bell 20130723

Startlingly bad news. Meanwhile, the market marching to new highs even with apples problems. The dow needs to gain just three points for another record. Any positive close for the s p is a record. Right now, were up. 011, as more and more worry is getting into this market that it may be frothy amid a mixed earnings season so far. Is that a reason to think it can keep going, michelle . Also, hotter than the stock market, the Housing Market. In fact, its so hot, the firsttime home buyers are being priced out. And thats a big worry for some in the real estate business. Well have diana here to explain why. Lets take you through the markets now. Its been a bumpy day, i guess i would call it, with the industrials hanging on to a very nice gain, on track for yet another record, up 48. 30 at 15,983. Moving on to the nasdaq, it is down about 10 points, almost 11, at 3,589. 58 ahead of the apple report after the bell that were all watching, and well cover it so closely in the next hour. The s p

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