Take a look at europe. Whats happening across the pond this morning. More green than red right now. At well, you got about 3 1 2 hours or so before the european markets closed. And the roadmap starts with the markets. Stocks set to open higher this morning after posting a nice gain at the close yesterday but the one thing you really need to be watching this morning is the move in gold. Plus, earnings at nike beating the street but the stock slipping during trading thus far. Were going to break down the numbers and tell you exactly why the stock is moving that way. And ecking of earnings tiffany is slipping on weakerthanexpected results in the latest quarter, so why is the companys ceo touting record sales . Well, we have some answers. We also have breaking news this morning on the fed. Steve liesman is in washington with those details. Good morning, steve. Reporter scott, good morning. The minneapolis fed president who is out with an explanation of the dissent that is the very dovish.
Is it significant to this market . I think it is. It is very interesting the overall reaction to the market, the leading stock over the last couple years, apple, down significantly and the overall market is continuing to go higher. I think thats the interesting topic we should be looking at. Well talk again soon. Thank you. My pleasure. A few seconds left. More now on the second hour of the closing bell. Stocks rallying again. The dow less than 2 away from its all time high. Welcome back to the closing bell everybody and happy friday as well. Im mandy drury coming back to the table. Well also be hearing from maria in davos, switzerland. In the meantime lets look at how we finished the day that was here on the street with the dow up by 68 points, the nasdaq up, i think today about the best day in weeks up by about 19 points and the s p 500 finishing up above 1500 and a gain of 8 points. Wrap up this week in the markets. Back with us once again joe tennie from jp morgan funds. Mark travi
San jose to tell us why the teacher had contact with a number of students in a number of cities, robert . Reporter it has been a long tough day for the district informing parents and as the word spread the fear grows. Reporter tracing the steps has the Andrew Hill High School busy today. He was arrested by police for distributing child pornography. The youngest ones were four years old, up to nine. 57 years old. These are sexual acts. There is no evidence he produced his own child pornography. He was a substitute from 2009 till last month. Investigators point out he worked a large area. We are determining at what schools he substituted, how many days, what grade levels so we could be responsive to parents. The superintendent held an emergency meeting this afternoon and parents were notified quickly. It is horrible. My first thought was i hope it wasnt one of my kids. Real upsetting. I feel for the families and the other educators that are involved because how do you know what someone i