Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq composite and closer to the close the selloff is accelerating here at the nasdaq. Down at fresh lows. 1. 4 so far for the day and on track to log a 3. 5 loss for the nasdaq this week, the third consecutive week of losses for the nasdaq. Semiconductors leading. Weak demand in china. Thats pushing all of the chipmakers lower, including texas instruments, micron and intel, a large cap name that tends to drive the nasdaqs performance. Thats fueling fears over Global Growth and thats in turn setting ot
Western Pennsylvania will pay its final respects Wednesday to fallen Brackenridge Police Chief Justin McIntire, who was shot and killed in the line of duty.
points on the session, 3,459. and the standard & poor s 500 index, down about five points there as well. an unexpected whipsaw trading session on the street today. why bob pisani had a front row seat and is still recovering from it. i need a cot to lay down for a few minutes. it was a very exciting day. you wouldn t know it, look down 12 points to be dow. put up the dow industrials. we were down 125 or more points just after the open, but then started clawing back. actually within the positive in the middle of the day and i thought we were going to end positive, but not quite there. so is the market holding up? it s obviously holding up, but buyers came in. we had very heavy volume again today, but this time, the market held up. put up a two-day chart. we were at an historic high yesterday, 15,542. so what are we, 1.5% off of that historic highs. japan did not fare so well. japanese stocks down rather notably today. some of the big ones. the problem came when they got chine
on the trading session. the nasdaq is up 11, but there it is, the s&p 500 finishing at an all-time record high, 1568.89, up about a third of a percent there and that s what the market s been waiting for. bob pisani has been clocking the record-setting action all day here at the new york stock exchange. wrap it up for us, robert. what a nice way to end the quarter. this was perfect. it was worth the whole wait, folks. let s take a look at the s&p 500. here s what happened. here s a 13-year chart of the s&p 500, put it up for us. there s that famous triple top. the top, historic high in 2000. the other historic high, in 2007, and now another historic high in the year 2013. now, a lot of people are saying, what s going to happen next? most traders and analysts feel, if we can get decisively over this, break up decisively over that triple top, then you ve got a real rally going. that would be another little phase to this rally that we have been in here. take a look for the qu
good. fairly optimistic at this point. a 13% gain expected for the first quarter alone, but we ended up having it a back end loaded year. back to the next hour. see you next week. have a great weekend. happy st. paddy s day. maria bartiromo there. yes, exactly. off she goes. what are you watching for now. what s the next moment that could move this market, whether it s an economic report, a fed move? well, i think it s the s&p. i think once we break that 1565, i think we re going to see this go even higher. i think the feds, as long as as i ve been saying, as long as they keep infusing this market with $85 billion a month, it has to go higher. we ll see what happens here. gentleman, thank you both. safe weekend. you too, as well. what we re going to be watching right now is a lot of running around. you re going to see still, which is unusual for this time of day, a lot of crowds around the stations, because of these so-called rebalancing, as they buy and s