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That stock soaring today after meeting expectations on earnings. This company now has a higher multiple, higher market capitalization than wall administrator. Probably higher multiple, too. Yeah. Im sure it does, as a matter of fact. But is it justified . Well talk about that coming up, as well. Heres the markets right now. Final hour of trade on this mid ferm tuesday and the dow slightly higher after spending the morning in the red. Higher by 22 points or so. The s p though is negative off by about 5 and the nasdaq off by about 14 and talking about whats off today, bill, may have something to do with the midterms and a question to explore. The price of oil as you mentioned. Fouryear low for wti which well get to here and the closing bell exchange. Mark spellman joining us here at the new york stock exchange. Amy wu is with us. John manly. Kenny pulcari and our own rick santelli. Why isnt the low on oil putting more downward pressure on the stock market hand it has . Im on the opposite ....
Behavior across the bond space. Oil, tyler, the dollar, you name it. You would definitely say that this is a relief rally in a very classic way. The catalyst, really the lack today, kelly, of a negative catalyst. Now, the stanford finance professor who wants a lot more Bank Regulation and has the ear of president obama and the attention of the Federal Reserve vice chair, stanley fischer, is here. These ideas make wall street nervous and theyre gaining traction. She will be here with what she says is wrong with the banking sector. Our old different Marcus Lemonis joins us after the bell. The profit star here on cnbc has a few things to say about this market. Plus, marcus has accepted the ice bucket challenge for als and will do so here on the closing bell and you wont believe who hes going to challenge to do it next, ke ....
Major comeback over the last four weeks. But heres the thing, guys, its not just those momentum stocks. Largecap tech stocks also moving to the down side. Steve malone vich at ubs has a buy rating on apple, but he did put out a cautious note today, saying apple could face pricing pressures in china. On that note, intel and ibm will be in focus, kicking off tech earnings next week. Thats when investors will get an initial preview of what to expect in the Second Quarter. Bill and kelly . Seema, thank you very much. Lets talk about whats going on today and what it means. Joining our closing bell exchange, winnie sun from Sun Group Wealth partners, rob morgan, mark matsen from matsen money. Anthony chen, maybe one of the most bullish economists on wall street. Hes with chase. And our own Rick Santelli. Anthony, im going to ....
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