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Transcripts For CNBC Closing Bell 20120820

session. set on the open this morning. lower stocks in china and overseas in europe as well this morning put some downward pressure this morning on our markets. we ve come off those lows down 11 points on the dow at 13,263. the nasdaq down four points. also off the lows of 3,072. s&p 500 index down a point and a half at 1416. meanwhile away from this broader market action we re watching two stocks closely today. apple hitting a new high today. take a look at where it is. 662.55. the company has now taken the crown as the all-time market cap king on wall street. beating microsoft s previous record of 618.9 billion back in 1999. also facebook. different story there. but after falling below $19 a share earlier the stock has since rebounded. take a look at that. we re looking at the stock at now 19.86. more on these two stocks coming up in the program. we found a bull. we finally found a bull on facebook. we ll talk to him coming up in a little bit. yes, we will. is this ma

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