Back threequarters of 1 . The s p 500 hit alltime highs earlier this week on the fed news. Were pulling back from that today. Stocks gaining ground for the third week of gains, despite the down days we saw. Bob pisani, a bad couple days. Not a bad week overall. Give us the color on the floor here. Very, very busy on the floor given the activities. Closing at the lows of the day. Its hard to sort out the bullard comments, maybe a tapering, and the rebalancing. You see a lot of people running around. A number of events are occurring. S p 500 is having quarterly reweighting. The Dow Jones Industrial average is changing. Three stocks going in. Those are Google Goldman sachs, visa as well as nike. Three coming out, hewlettpacka hewlettpackard, alcoa. They are trading on behalf of clients that are indexed to either the s p 500 or to the Dow Jones Industrial average. Some of these stocks are having increte creasing weightings in the s p, some decreased weightings. Lets put up apple. Apple is
Margin. Take a look at the others, yes and be well above that percentagewise up about 1. 25 . The nasdaq up even more percentagewise. The winner today or the russel russell 2000 large and midsize cap. Liz when you take it all apart and you coul compartmentalize a, take a look at wells fargo moving higher by 3. 75 . Citigroup better than four percentage points. Bank of america is the biggest gainer hitting a 52week high. David Energy Stocks rising as oil climbed about 0. 37 to settle above the 87 mark. Energy sh giants chevron and coo ending in the plus. Liz consumer names getting a boost. Adding time warner, walgreens, we just spoke, this is of course a consumer staple that people have loved along with names of her shoes. Gettinhitting repetitive 52week highs. David apple, the ceo says he has a responsibility to create jobs, but how about creating shareholder value, where should the focus be after two months of a 25 loss of share value, should that be the target of tim cook and apple .