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CNBC Closing Bell With Maria Bartiromo February 28, 2012



above that key psychological level of 13,000 tonight. due in part to a better than expected reading on consumer confidence out this morning. also, supporting this market, oil, the worst two-day decline in six weeks for crude oil tonight. light sweet crude settling at $106.55 a barrel. new concerns about energy demand following a steep decline in durable goods orders today. investors can t get enough of apple shares. another all-time high on the stock today. news that the company is about to unveil the ipad3, that s happe several weeks now. and today, we got it. volume once again anemic at the big board. once again, technology was the place to be for your money. the nasdaq composite up another 20 points. nasdaq is the winner on 2012 for sure. and the s&p 500 tonight up 4.5%, about a third of a percent at 1372 #. let s get you to the floor of the man on the nyse, bob pisani. i want to point out, we ve had trouble with the transports. let s put up the dow transports, and ....

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CNBC Closing Bell February 28, 2012



exchange. welcome to the closing bell, i m bill griffeth. i m maria bartiromo. what are you watching today? i m watching the ltr. i m waiting to hear what the details will be of the european central bank s new lending facility. we ll probably find out the details at 5:00 a.m. tomorrow. that s obviously one of the big components of this market. if it s more than $500 billion, people are going to say, wow, the panks are really in tough shape. they need the money. another way to look at it is you re taking advantage of #% rates and this is a good time to take the money. wouldn t you? that s going to dictate tomorrow s trading session. that has helped our marks as well. what i m watching, priceline. you know, for a long time, google was the stock we all wanted to own. but we missed the boat. lately it was apple. and now sudden live it s priceline. have you seen priceline lately? look at it again. up another $40, almost 7% gain. and again, i ask the question, w ....

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