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close of trading. julie hyman, how are stocks holding up? julie: relatively well. janet yellen is not derailing the rally, small though it was. we have pretty much made a round trip to where we were before she made her comments about interest rates potentially going up at some point this year. there had been some expectation going into her comments that she might be more dovish. basically, with that more dovish commentary, that created a market reaction. if you look at volume on the bloomberg, it is definitely down. down, in fact, more than 25%. you see various groups on the s&p 500 and the drop in volume. from harvard interviewing janet yellen made a good economy joke, saying there were investors delaying their private jets to the hamptons because they wanted to hear what she had to say. the stocks contributing to most of the gains today, google on the rise after a victory over oracle in court yesterday and a dispute over the origins of android. verizon gaining after n ....
welcome to worldwide exchange on cnbc. i m wilfred frost joined by dee basin in for sara eisen. good morning. it s great to reunite for the next few days while sara is enjoying a honeymoon. very good congratulations to her and her new husband. let s bring you up to speed on the markets this morning. futures right now pointing to a slightly positive open. but this does of course come on the back of strong gains. 2% gains and over 3% gains for the nasdaq. only just, though, in the final trading it looks like we will hold on to gains for may. the dow called higher by 3. nasdaq as well. 1.875, near the top of the range in recent week which is has been 1.7 to 1.9. 1.4% on tenhe ten-year. the dow is up on its best streak since five straight winning months ending in june 2014. six out of ten s&p sectors positive led by tech which is up by more than 5%. check out the month-to-date returns the dow is up 0.6%. the s&p higher by 1.6%. and the nasdaq has jumped more than 3% ....
amc entertainment says a lack of summer block bust earls hurt the bottom line in the latest quarter. we ll talk to adam aron in a first interview about that and his company s merger plans. they have a lot of mergers. breath taking is the word he uses to describe this. tesla reaching that deal to buy solar city. we ll look at what it means for shareholders. let s start, though, with oil. big mover today going lower. yak i can deangelis tracking the action for us at the nymex. good afternoon to you, bill. we settled higher than $40. but we did get down to $39.82 and shows the momentum is there. 40 is a key psychological and technical support of oil prices. let s see why we rose and why we re falling particularly so early in the season. the demand for summer driving gave us an uptick. we got up to the $50 range, the dollar supportive. everything seemed fine. on the downside, why we fell is because we had a crude inventory glut that created a gasoline glut and profita ....
before we get started i d like too thank our sponsors. . we will leave about 10 minutes at the end of the program for a q&a session, so if you have questions please sign up at the microphone to your right and ask questions at the microphone so the home viewing audience can hear the question and before we begin, please silence your phones and turn off camera flashes. with that i like to welcome my professor of digital media strategy at the mcdill university in today s interview her, owen youngman. thank you, tom and welcome here to jones college prep. great to have you here. i m sure you don t mind being in this air-conditioned venue on this hot chicago day. we are delighted to welcome son of the north shore, justin peters, formally wrote a lot of things i read in the clumpy journalism review as well who s recently published book is the idealist. the idealist: aaron swartz and the rise of free culture on the internet . is a book that is both biography and exploratio ....
so, just like the jehovah s witnesses in 1943, the consequences are stark. barnett held that people, including young students, could not be forced to say what was not in their minds. a concept we today called the rule against compelled speech. the court emphasized the constitutional limits on the state s coercive power, which exercised by, quote, village tyrants or by the federal government. and it underscored that the first amendment was designed to protect noncon officialists of all stripes them court particularly focused on schools because the case involved two elementary school girls. it said because schools are educating the young for citizenship they must scrupulously protect individual rights. if wire not to strangle the free mind at its source and to teach youth to discount important principles of government as mere platitudes. you can watch this and other programs online at book of the doering booktv.org. [inaudible conversations] [inaudible conversations] ....