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wall street. the dow industrials down 48, 49 points here. you had technology under pressure. volume light today. under 600 millions shares trade order the new york stock exchange. typical for a summer monday here. financials were mixed. by the end of the day, much of the rally at the open actually was given back. the s&p 500 three points. effort to go positive late in the day. close but no cigar. nasdaq down 11.5. 29 breaking news on yahoo right now. andrew sorkin is on the phone with the news. andrew, what can you tell us? >> we have some very, very big news. we have a new ceo for y...

we've seen a little buying come in in the last few minutes. back to positive territory at 12,650. the nasdaq so far today has been doing the same thing. it's down ten points but coming off the lows. now at 2883 and the s&p 500 index down a fraction at this hour at 1330. >> meanwhile, jpmorgan chase wants to continue a decline in the final hour of trading. stock down once again today and the bank is now the target of two separate shareholder lawsuits. accusing the firm of taking on excessive risk that led to trading losses of at least $2 billion. keep it here. we have this developing ...

>> steve, what's up? >> good morning. it's wednesday. may 16. i don't know where to begin. you know, i really don't know where to begin. well, tj says i should start by moving to my left. so i'll do that. there are a lot of people who would suggest that that's exactly what i've done over the past eight years. but that's not the case at all. what am i looking at here, mike barnicle? because, you know, i love warren beattie. i saw "bonnie and clyde." but i don't get this. what's going on here? >> no, it's staggering. >> seriously. what's going on here? we've got enough challenges facin...

alstead breaking down the numbers for us. we've got exclusive interviews coming your way with alex gorsky. we'll get his read on the economy right now. take a look at how we're settling with a rally on the way. a gain on the session of 114 points. 13,204. 75 million shares needed. nasdaq up 21 points. nasdaq finished today at 3,050. s&p 500 up nine points right at 1400 with a gain of 2/3 of 1%. the stock market tapping out another winning session. the s&p 500 makes the first run at 1400 since the beginning of the month. the broader average led higher by telecom and we'll hear from am...