Is this the sign of a slowdown in auto sales or maybe just related to the weather . Okay. Well, it was really nice while it lasted. Stocks selling off this hour. The nasdaq the biggest loser, as ty just said after hitting 5,000 yesterday. The dow is currently down by 101 points, which is off its lows of the day. Still down by triple digits. Actually now its down by double. It is seeming to come off those lows as were literally speaking. The nasdaq is down by 36 points and the s p 500 is down by 12. As for oil prices lets take a look at how theyre doing. Over that board. You have wti crude. Its spiking right now by 1. 6 . 50. 38 a barrel. Israeli Prime MinisterBenjamin Netanyahu speech on capitol hill certainly is one thing that weve been watching in the crude context as you can see brent is also up much more in percentage terms by 2. 5 . Bertha coombs is at the nasdaq. Mary thompson at the nyse. Dominik at the nasdaq 100 laggards. Youre next. Peggy lee sang the song is that all there is. Great song. Traders arent ready to say thats all there is for nasdaq 5,000. Today we are seeing a broad decline, though. The big caps are down. Apple has come off the lows. Thats more of a watch and see if we can get momentum to the up side for the bulls. Its biotech today that is really where youre seeing the pullback. Youre seeing it across from where mankind is among the worst performers having been downgraded a sell over at goldman, over concerns about pricing pressure in the wake of gileads pricing pressure on its hepatitis c drugs, and then on the other side on the flip side, the drug makers are higher. Also, seeing positive data on its diet drug. Back to you. Okay. The dow down triple digits as we saw. Mary thompson on the floor of the nyse. We do seem to be coming off those lows. What are traders telling you, mary . They have no shortage of reasons for why we have seen a down day throughout the session. The markets are over extended. Theres concerns about earning guidance. The s p failed to revisit earlier year highs. Theres concerns about china growth, and there is concerns about europe. All of this playing into the decline that we are seeing in the wake of a record day. Also seeing declines in the transports today led by airlines after delta said that its passenger revenue for february declined because of currency implications and also because of the winter weather. Take a look at the airlines to see how theyre performing. A contributing factor to the more than 1 decline in transports. Where we are seeing strength are the Energy Stocks. You mentioned earlier, of Course Energy prices rising. Saudi arabia seeing prices for china and the u. S. Also our k. Kelly having a positive report on oil from a big oil trader andy hall. Those are both contributing factors to todays gains. Back to you. All right, mary. Thank you. You know nasdaq back really approaching peak levels though off a little bit today. Some of the biggest names in that index are still under performing. Dominik has been looking at the nasdaq 100 laggards. Weve been talking all about the ones that have gotten us to this 5,000 level. Back off a little bit today. Here are some of the stocks that have really lagged and fell behind here in the overall trade in that march towards 5,000. These are yeartodate numbers, and we look at the nasdaq 100. That is a subset of the naxz composite that are the biggest stocks, the largest capitalization ones. First of all, one of the notable laggards is pacard. Those shares have declined 5 yeartodate. You take a look at another one. American airlines, they were such high flyers last year. Those airline stocks. Well American Airlines listed on the nasdaq down about 9 this year. Not helping matters much. Another one to keep an eye on electric carmaker tesla. Of course this is such a nasdaq at least associated name right . Electric cars. Tesla down 11 . Then you look at this one here. Mattel, the toymaker down 13 . We know about the problems that theyve been having. Then of course what you have the biggest underperformer by a percentage basis sandisk. Some of the big laggards in terms of the overall percentage drops this year. Back to you. Missays pablg District Of Columbia utility gas station to luf todays intra intraday eyeragses for later on in the show. Lets take a Bigger Picture here, right . Jamie, it seems that Growth Stocks have been taking a bit more of a favor recently but you prefer value. Why . We work with retirees, and thats typically what you find in the value sector. The lines are blurry these days. If you look at some value sectors like utilities that are way overpriced, so you have to be careful about saying oh you need value or oh you need growth. If you ignore Growth Companies like microsoft over the past ten years, you would have missed out on an enormous amount of dividend flow. I think its difficult to say you must be in one sector or the other. I think its a combination of all of it. Whats your thought on utilities right now . I think art makes a good point, but i just think that utilities it has a sector that are way overpriced. Theres a notable exception in national grid, but beyond that i dont know what will happen in the next six months or next year. Thats not really material. Because you want the yield, youre paying a lot of money for it. I think thats more material than what happens to the market, you know, a couple of quarters from now. Understood. Kevin, you are more of a growth man. Theyre going to be a little less sensitive to changes in interest rates. Not to turn this into a def didnt discussion, but we kind of like to play it from that angle and growth is where its at as far as were concerned. Lets change tact. I want to bring up a sunnied byte from our friend jim cramer when he is talking about our bullish views on europe. Take a listen. If green shoots are no longer green shoots. The plants are coming up. Its like tulips now. I see so much good coming out of europe. I know that you could say, well wait a second how about this . You can peck a country thats not france but, jeez these retail Sales Numbers are good. Not just green shoots but a whole plant he is talking about, europe. Why dont you leak europe as much as the wraits . I think longerterm the wraits is better from a structural point of view. You just kind of look at the way that the United States is brought together. Its more cohesive banking system. I think we have more progrowth kind of policies here more flexibility. Labor markets, for example more open to competition. Consequently, when you look at growth in the United States just take gdp, for example, its much more steady and just frankly a better growth over the years, and i dont see any reason for that to change. I think nearterm, though there has been a big drop in terms of the value of the euro compared to the dollar. That should give them at least a near terp boost. Maybe inflation starts to pick up there a little bit. And the ecb coming on with a little qe couldnt hurt either. Thats really more of a shortterm play. Longer term we like the United States and u. S. Dollar. Okay. Sticking right here in the good old us of a. Do you agree with cramer . Well, i think he is right. You know were starting to see bank lending pick up in the euro zone. I think thats where you get direct injections of cash which that has been long overdue. You also this is the month where qe the ecb actually starts. I think we sort of start from position of strength there because youre so far down. If you are making investment decisions, you can pick up a low euro environment for Companies Like siemens and other exporters. The opportunity to buy stocks in a short run here are very good for europe. Its a tenyearlong experiment and almost as long as the nasdaq from 5,000. I dont know what the next couple of months will hold but i think if you look at the differential between the u. S. Markets and the msci world index its a mile long. Theres some making up to do in the world indexes generally. Investors are going to have to pay a lot lower for S P Companies than they would for european equivalent. I tend to think thats a good place to put money these days. Go and find out more about that at power lunch. Cnbc. Com. Ty. Oil prices moving up following a rouzing speech from israeli Prime MinisterBenjamin Netanyahu in front of u. S. Lawmakers in kong. Will this change anything with iran regarding their Nuclear Ambitions . Well, were going to have to watch this play out over the next couple of weeks as the negotiations continue but this is exactly what the Obama Administration had feared tyler. Prime minister netanyahu delivered a very forceful well delivered, well crafted speech before the u. S. Congress against that nuclear deal. The administration is pursuing the deal. He did it by trying to link the feelings of israel to the emotional concerns and fears of the American People wresh said that the isz is threat was minor league compared to this is president netanyahu during the speech. To defeat isis would be to win the battle but lose the war. We cant let that happen. Prime minister netanyahu did not lay out much of an alternative except to say the alternative to a bad deal is not war, but a better deal. Well, the administration believes its trying to negotiate the best deal it can, and the question is does that deal get done and if so how effectively has Prime Minister netanyahu rallied the American Public as well as political leaders in the United States against that deal . There is some dispute on capitol hill over whether congress is going to have a role in terms of legislation in response to the deal whether they have to roll back sanctions. The administration has tried to not involve congress in that but well see whether or not the speechl that the Prime Minister netanyahu made can rally support enough that they can really throw up the roadblocks. That was going to be my question. He havent seen leaders get the multiple Standing Ovations during the course of a speech in years, if ever. My question is what role does congress have in these negotiations at all. Obviously, if its a treaty it has to go in front of the senate for confirmation. I understand that this is nothing like a treaty. Its an agreement, and i guess congresss role in this would be limited to dealing with sanctions or the repeal. Yes, but the sanctions might be a significant part of it. I have to tell you, tyler, ive gotten different answers from different legislative aides on capitol hill today about whether congress, in fact, will have a role. But if this deal results for its duration in the alleviation of sanctions, congress will have to do that because the sanctions were enacted according to law. I think its not entirely clear how farreaching congresss role will be, but congress the Political Center of the American People and of their elected representatives in the house and senate is not irrelevant to the outcome of this deal. Absolutely john. Great discussion. John harwood reporting there. Changing gears a little bit and really talking gears now. Many of the worlds biggest automakers out with their latest sales figures. Ford and toyotas numbers, disappointing, and their shares are reflecting that. As are other automaker shares today. Lets go to phil lebeau in chicago for the numbers. As i understand it the numbers werent so bad. Its that they werent as good as some of the forecasts thought theshtd be. You can blame this on the weather or softer fleet sales. Those go to government agencies. They were down last month. Some would expect. Here are the numbers from the different automakers. I know about talking with dealers that it slowed down traffic 50 to 60 up in that part of the country. Well keep in mind, not only in the northeast was hit hard but also you have those ice storms moving towards the southeastern u. S. The estimated salsz pace most belief it will come in at 6. 3 million, but a few have said we could see a drop as low as 16. 1 million. What was selling last month . No surprise here. Up more than 30 . Suv saelz also remain strong. Thats part of the rotation were seeing in consumers in the u. S. Lower gas prices is convincing people maybe now is the time to buy a crossover or suv. Theyre under pressure today, guys. In part because these february sales have people saying okay was it just one month, which many believe it was. If thats the case then some of the delayed sales because of weather we should see those in march and in april. That at least is the expectation from dealers who i have talked to around the country. Guys, back to you. All right phil. Thank you very much. Lets talk about best buy a little bit. Those shares higher on this otherwise down day. The company beating earnings estimates and declaring a special dividend. That stock up remarkably 50 over the past one year. Is the Electronics Retailer finally back . Is best buy a buy . Well talk about that and speaking of retailers that have been struggling, target meeting investors today. The Company Announced a major shakeup to attract younger shoppers. Were live at the meetings next. Ameriprise asked people a simple question can you keep your lifestyle in retirement . I dont want to think about the alternative. I dont even know how to answer that. I mean, no one knows how long their money is going to last. I try not to worry but you worry. What happens when your paychecks stop . Because everyone has retirement questions. Ameriprise created the exclusive confident retirement approach. To get the real answers you need. Start building your confident retirement today. Now with the xfinity tv go app, you can watch live tv anytime. Its never been easier with so Many Networks all in one place. Get live tv whenever you want. The xfinity tv go app. Now with live tv on the go. Enjoy over wifi or on Verizon Wireless 4g lte. Plus enjoy special savings when you purchase any new Verizon Wireless smartphone or tablet from comcast. Visit comcast. Com wireless to learn more. Activistsed launching a p bond sale. Investors have already placed 90 billion in orders. This bond ranks as the second largest corporate offering on record. Citigroup selling personal loan provider one main to spring leap for 4. 25 billion in cash. The deal helping the bank shed unwanted assets and focus on wealthier clients. Kate spade shares tumbling on down week guidance. The clothing retail are anticipating slowing growth as Gross Margins continue to fall. Those, ty are some of your headlines. Mandy, this is the vegariga volcano in chile. It erupted at 3 00 a. M. Local time. It was blasting lava and ash. Our coordinating producer actually climbed the voluntarily contain wroe. There she is stand ago top the vent at that voluntarily contain wroe. She says it was awesome. We are watching target shares today. That stock not necessarily awesome today. Under pressure on this down day, the struggling retail giant meeting investors to outline a growth plan and it has already made one bold move. Courtney reagan live at the big meeting in new york city. Hi courtney. Hi. Thats right target released its Fourth Quarter earnings. They left a couple of items out. Waiting, instead, to speak about them in detail with investors today at the meeting that will take place behind me in about an hour from now. Now, in november ceo brian talked to me about grocery and making sure that the assortment is right. Specifically as it pertains to organic food. On last weeks earning call cornell, again, reiterated food is very important. It drives traffic. Also acknowledging the target does have a lot of work to do explaining he has been studying the Competitive Landscape and knows that changes to the assortment need to be made. While its todays meeting that wont yet start for about an hour and 15 minutes, reports have been circulating that target will talk about seven key categories for growth in food. We expect to hear more as well as potentially cost cuts and more about how theyll fund all these initiativeses. How target will fund all those initiatives going forward. Thank you very much. President of sw Retail Advisors and oliver chen is retail analyst and managing director at coan. Let me start with you. Do you buy target at these prices . We are excited about it. We like brian cornell. The comp was 3. 8, and that was driven by the best traffic in two years. Thats a healthy metric. We are excited about today. We think both traffic and pricing growth and Digital Sales grew 30 . They contributed 1 to the comps. Prioritizing on the right product, the right omni channel story, its a new management story, its also a u. S. Economy story with the consumer Getting Better and lower gas prices. So you like it at this price . I do. All right. Stacy, how about you . Does target have its mojo back . I think it does, and most importantly, i think today were going to hear from the company that, you know in 2008 they really started rolling out grocery across the board. I think today well hear the story and the theme will be were no longer going to be all things to all people. Let walmart take the commodity products in some of the grocery space, and lets be differentiated. Lets do more in organics. Lets do more in apparel from collaborations. Lets bring lets get our target mojo back from years ago when people were willing to pay a premium whether it was for apparel or for home or for food. I think that will be the story here. Do you like what you see out of mr. Cornell . I actually do. You know i think there was when he was hired, it was, okay well, he didnt really have the apparel or home background, but he has come out and really dug into the company and gone through stores and talked to people in the stores and sai