Trading at 2785. When has a new record for the dow or s p gotten any fan fare . Not lately. We were talking about this this morning. A producer whos been here through the ups and downs in the last decade used to be the case to hear cheers and applause punching but the benchmarks. This morning you werent be hearing much punching through 18,000 on the dow. More evidence as we have said for a while now. This is still the most unloved bull market we have seen in modern times with the dow up 97 points off the highs. S ps up 6 and enough for a record high. Technology, certain sectors, bio tech hit hard today and as you heard from the gang on street signs, some of the pharmaceuticals lower and nasdaq is down in todays rally. Yeah. Importantly. Lets get right to it with the closing bell exchange. John manly. Peter anderson. Susan fulton. She made it. I am here. Yeah. We werent worried about you but the technicals in place as you know. Rick santelli joins us from chicago. Rick, i hate to pick o
Global markets are going now. Dont do it today, hitting that 118,000 mark, could tomorrows jobs number put us over the top . A closer look at what people are expecting tomorrow morning, when that allimportant report from the Labor Department is released, 8 30 a. M. Morelier Oil Prices Today as we showed here on closing bell yesterday. Some stations, look at that we did it, 1. 99 a gallon. Thats why a few politicians now from both sides to of the aisle are starting to talk about the possibility of raising the gasoline tax, which hasnt been done in about 20 years and use that money to help fix our crumbling infrastructure. We have a de bit on that. Our friends kudlow and frank will be joining us. That should be fun. Looking forward to that. Will have a chance to weigh in. Here is what we see on the markets, an hour to go in the session it is the oil names again which are weighing on the dow, off about 16 points. Seems like chevron off about 2 . Exxon down about half of 1 . The s p dividi
100 points off. Russian president Vladimir Putin not holding back in that exclusive interview that you saw here this morning on cnbc, telling a global audience that sanctions imposed against his nation for russias actions in ukraine will in his words boomerang on the United States. What threatened the energy markets. Well have a closer look and hear more of what mr. Putin said at that time. Maybe thats contributing to the Broader Market backdrop here. Also its the crown jewels sporting event of the memorial day weekend, the indianapolis 500 but its not just a car race, also big business. Do you know the minimum racers pay to participate in this event . Its 650 now, and it goes up from there so why does it cost so much . Well speak with the race president live in just a few minutes. It must be the Car Insurance. Can you imagine what the Car Insurance premiums must be going around that track . A great question. Please ask that. I have a good question now. The dow is up 57 points this hou
Goldman sachs says go global, are they right . Russia, china, india and beyond. And how Auto Companies are trying to grab market share, as that company trying to recover after the recalls and investigations. First, though, lets go over to sue. Ty, were going to start with the markets on a very tough day. The dows off triple digits, Interest Rates are moving to the lows of the week. Were going to start with bob pisani. What does it feel like down there, bob . A bit tentative, nervous. Ever since wednesday, when the new home Sales Numbers came out, then thursday and fridays the tenyear has trashed just like the mark. When it hit the highs a tuesday, i want to emphasize some of the home builders. I want to put up some of these earnings stocks like pandora and masco, as companies came out. Pandora beat is down, forward miss. Amazon was in line, and you can see that visa beat, but the sales were on the light side. Everything is trading to the down side. Put up internet content stocks, truli
Closing high. Tyler, just thinking about that, that was april 30th, our 25th anniversary and see if we can do it again today. I think the s p is trading at record high closing territory. Meantime, a heavy duty lineup on closing bell. Exclusive interviews with cant fitzgerald head and two friends who started with 200 have a brand worth millions. And will housing turn out to be a bad investment over the next decade . Kevin oleary says yes. Hes here to make the case that youre better off renting right now than owning a home and wait until you hear why. Heres where we stand in the markets. Tyler mentioned the dow is up a couple of points to 16,729. Still 15 shy of the record closing high. Take a look at the nasdaq which after underperforming for the last couple of sessions is trying to add 15 point today and the s p 500, keep a close eye on this one. The record high is 1924 just about, and were trading at 1926 right here with about an hour to go, tyler. Lets talk markets. Joining our Closi