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Transcripts For CNBC Worldwide Exchange 20140327



trade lower as they face the stress tests, too. and europe touches multi year lows. the ecb could ease policy as early as next week. announcer: you re watching worldwide exchange, bringing you business news from around the globe. and a very good morning. welcome to the show here on worldwide exchange. very good morning to you if you re just joining us, as well, in north america. european stocks yesterday were softer. the dow down. this morning, futures are indicating we are going to get a bounce higher on the dow by something around 17 points or so. we re pretty much half a point above fair value for the s&p and the nasdaq yesterday having its worst performance in two weeks, down 1.4%. as you can see, futures were just indicating i think we had a flat opening. the s&p down 0.7% yesterday and the dow jones average was down 0.6%. facebook down nearly 7% after agreeing to buy oculus for $2 billion. we saw that big fall in king, as well. just an hour into the tr ....

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Transcripts For CNBC Closing Bell 20140327



they are the cinderella team this year. you got to bring me one of those t-shirts. please, i m begging you. i ll try. it s hard to get your hands on one. i m sure they are. i m bill griffith still here at the new york stock exchange. this stock market is also looking for its own cinderella story today, fighting to get back into the green territory. the dow has been on either side today of unchanged. now down 21 points. kelly, we re going to explore whether this market actually has seen a stealth correction. we re also so focused on the dow and the s&p, but is there a whole section of the market that s already seen its own correction? we ll look at that coming up here. now the students here at dayton fired up about basketball. but many are also pretty excited about legg mason s bill miller speaking here moments ago. a legendary investor joining us exclusively in a few moments. we ll get his take on the momentum stocks getting hit. plus, his take on citigroup and ....

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Transcripts For CNBC The Kudlow Report 20140327



economic growth power with senator ron johnson, bob lutz, and my great old pal jim cramer, all those stories and much more coming up on the kudlow report , beginning right now. welcome to the kudlow report. it s 7:00 p.m. on the east coast, 4:00 p.m. out west. enrollment numbers and a possible senate revolt. john harwood joins us from washington. good evening, john. larry, the president at the end of husband european trip got good news and announced it, which was that 6 million people so far have enrolled in private plans on the state and federal exchanges. now, that meets what the congressional budget office had predicted after the disastrous roll-out. they had ratcheted their initial estimate of 7 million down to 6 million. it is still possible with four days left that the administration could hit that original 7 million target. that does not however resolve the questions about the financial viability of the exchanges. that will be determined by the mix of pe ....

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Transcripts For CNBC Squawk Box 20140328



by 0.5%. as for the ten-year here until the united states, the yield had dipped to a two-week low, falling below 2.7%. right now, it s picked up a little bit, 2.695%. take a look at gold prices. prices fell below $1300. up about $2.50. but, again, below $1,300. walmart filing ads 5 billion lawsuit against visa, accusing the credit card company of passing along unreasonable swipe fees when shoppers use credit or debit cards at its store. the wall street journal says the suit alleges that visa swipe fees went against anti-trust regulations and in turn turns up more than $350 billion over the course of nine years. this has been an ongoing battle between the retailers and credit card companies. there was legislation passed in the senate to change the balance of this. they say $5 billion this is over the course of five years. i guess they figure let s start with this. but more important than the $5 billion they re looking for, they re looking to change the course of ....

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Transcripts For CNBC The Kudlow Report 20140328



don t even know about. you ve got to stay with us for the entire hour. which begins right now. welcome to the final kudlow report. i m larry kudlow. first up, let s start with the news. another roller coaster day for stocks. jackie deangelis has that for us. good evening to you, jackie. good evening to you, larry. as you said, a roller coaster day tore stocks. ending in the green but off session highs. the early rally was fueled by comments from china s premier that the country s government would take steps to support its economy. but then a sell-off in the biotech sector. that was late in the day, weighing on the markets. now, at the close the dow was up 58 points. the s&p 500 was up 8. and the nasdaq managing to squeeze out a four-point gain. the nasdaq, though, was the big loser this week, off almost 3%, making it the composite s worst week since october of 2012. and biotech stocks, they were underperformers all week. a near 3% drop in the nasdaq biotech index to ....

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