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press releases today this did not end ammic bring. we have more details on what happened here today. yes. also yahoo! getting active. shares surged today as investor taking a big position in the stock. there it is up. we will have the latest on who s behind this and how ceo is reacting. also, of course, these markets, i mean, volatility is back in a big way this week with the dow bouncing back after one of the worst days of the year yesterday. the dow enjoying its best day in seven months or something i saw. 181 points. undoing some of the damage of yesterday and we shouldn t forget the week it s been. triple-digit moves in both directions. maybe it s that time of yore. we got the s&p up 17 points. we are at 1983 at this hour. nasdaq doing very well up 44 points. but again, i mean, we have had 100-point swings for the dow every day this week. multi-percentage moves for all the major averages. three of them down. two of them up. look at the russell. up right now ....
cyber monday sales were. u.s. markets said to keep chugging higher as russia warns of a possible slide into recession. first up, apple in focus after the stock fell more than 3% yesterday. raising their price targets on apple. one says this could be the top of the iphone growth cycle. they are relatively cautious here. we have blown through some targets. kaiu has a sector perform. that is a guy i frankly don t listen to. i listen to people who liked it and are calling tops because a guy who has fought it doesn t have as much credibility. i m looking at the canacord note. expecting the 200 million iphones, the merrill note. pacific crest wants to trade apple. i believe trading apple is a sucker s game. they were skeptical going into the launch of the 6. if they didn t have something mind-blowing, he probably would down grade them. didn t do it till now and missed a run. i ve got to tell you, there is talk of multiple praction. the multiple here is 14 times earnings ....
we didn t see many of them at all today. dow gaining 27 points, nasdaq climbing .36%. you need to understand how extraordinary this whole rally is. we re seeing wholesale re-evaluations of what the market will pay for companies future earnings. it s remarkable because typically you need something to happen to trigger this kind of euphoric buying behavior. but nothing s happened to justify paying higher prices for the same earnings estimate. this is all about an animal spirited bull market that i have to admit seems to know no bounds. think about it. think about the absence of catalysts. start with the federal reserve. what did the federal reserve do to inspire this market? actually, nothing. federal reserve did nothing at all. it merely stayed the course. it said it would be patient. yet everyone told me wow, that s it. all it did was do what it always does. how about oil? all it did this week was nothing, meandering around the 50s. earnings have been done. some good o ....
and 401k 529, emerging market. where should small investors put their money to work right now? we asked 20 of the very top financial advisored in the united states, and you have to hear what they say. first, though to sue who is across the room at head waters today. hi ty. very volatile day on the street. the dow rising as much as 94 points. then wiping out the gains. it s a little bit higher right now on the trading session, as can you can see. the dow is up 49 points on the day. the s&p is higher as well and the nasdaq composite in the green too. we re keeping an eye on the ten-year note, of course because we do have the fed decision a little bit later today. we have a who-year note auction going off the board, and rick is going to handicap that for us in just a few minutes. as ty said the big stock story of the day is apple. its shares are surging on the back of that blow-out earnings report, as can you see. apple it s now up almost 8% on the trading session. the t ....
and we re going to talk about obviously one of the major implications, supply from the middle east of oil and the threat of massive disruptions there. with us today is lord john brown, former ceo of bp. he has a new book out entitled the glass closet. he also will respond to governor perry s comparison of alcoholism and homosexuality. a big hour coming up. the meltup we ve been talking about recently has kind of melted away. the dow jones industrial average is off about 15 points on the trading session. the s&p 500 is traded up just a fraction. the nasdaq composite is up about a tenth of a percent. as for the transports, last trade was down about 14 points on the trading day, and the russell 2000 has been in negative territory as well. there s the transports, down about 15 points on the trading session. russell 200, we ll show you that in just a sec. now it s turned positive by about 1.7 on the trading day. seema mody is in times square, bob is here at the exchange. ....