biggest gain since june of 2012. crude prices rallying. now 6% as you can see to $47.41 on west texas crude. we ve given back some gains. the gains we saw on the settle. nevertheless, enough po move theto move the markets off the low. meanwhile, it s the hottest ipo we ve seen in some time. we re talking about shake shack. up 132% or nearly $28 from its opening price. the burger destination causing a big commotion in the neighborhood. these are the lines outside until just about an hour ago. they had set up pop-up locations for the ipo assignment. they were free, open to the public. we both couldn t believe how long this line was. look at it there. stretching all the way down broad street. the valuation i read for where we re trading on shake shack, 26 $27 million per outlet. not bad. we ll watch as they continue to expand. by the way, guys down here on the floor aren t too maple leaf. they didn t get those shake shack burgers. they didn t get them. jpmorgan was the lea
territory record territory. the nasdaq worth keeping an eye on inching closer to 5,000. it s been the outperformer. we may be talking nasdaq 5,000 by next week sometime. let s get to the closing bell exchange exchange. kim forrest is here, so is peter andersen from congress wealth management. kevin carrone, ben willis from princeton securities joining us on the floor and rick santelli is in chicago. let s start with michelle caruso-cabrera. is she there? i m here yeah. so we have an agreement of sorts. it s just an extension, but do you sense we re making some real progress this time around? well the headline is that the greeks have caved on nearly everything it appears. they were never going to be subject to more reviews by the eu, the im f, and the ecb. now they re going to be subject to reviews by the eu the imf, and the ecb. they were never going to agree to commit to the current program. they have agreed to commit to an extension what happened to all th
about three points going lower here, and the nasdaq we re keeping an eye on that one. it s going to be all about the nasdaq this week. eerily similar to the exact same time of near 15 years ago the nasdaq closed at all-time highs. it s closing in on 5,000. it just turned negative on the session. we re off five points. 4,963 is the level. we re talking about 35 points away from crossing 5,000. we ll have lots of numbers coming up on this. obviously on an inflation adjusted basis you would have to of that index at 6,800 to have it equivalent you could argue. you have that number just right at your fingertips. we were just looking at it but a lot fewer companies as well. in the nasdaq this time around you have something like 2,500 companies versus 4,700 last time. janet yellen getting grilled by the house on the fed s independence. they were pretty feisty. we ll get reaction from house financial services committee chair jeb hensarling coming up later today. they were rea
heard got a new round of stress tests coming out at 4:30 p.m. eastern. those results are what investors in the financials and, frankly, in the broader indexes have been waiting for. will banks be able to up jury dividends, return capital to shareholders and should they? the results could move the bank stocks big time in either direction. this used to be the biggest dividend paying sector of the market. we ll have the results and the fallout to you first. leading up to it they have been pretty strong. we will shake things up after the close with shake shack s first earnings report as a publicly traded company. the popular burger joint took wall street by storm on its ipo day at the end of the january. remember that day there, kelly? the crazy line outside the exchange when they set up a mobile restaurant and people couldn t get enough of the free burgers that they were handing out that day. that first day performance wasn t bad either. after that and the strong performance
then when more word got out object this story that it was actually a ship flying the marshall islands flag not the u.s. flag ally of ours but it s not our ship market came back again and resumed the day as if nothing happened. and yet that still tells you something about where the market s worry spots are. meantime apple hit an all-time high today on the back of its blowout earnings report. that was early on. it has since moved lower. it s down 1.9% now but we have the details plus why you might own apple without even knowing it. earnings also getting a boost from obamacare. rising drug prices could be cause for concern. we have the aetna ceo joining us with more details. i love this story, we both do. would you trust a robot with your financial future? one hedge fund manager says that day is coming sooner than you think. we have more on that story. both sides, the hedge fund manager who likes the idea we have a fund manager who really really doesn t like that idea.