U.S. Stocks Look to End Strong Week on Upnote, Apple Gets More Time

Wall Street heads into the weekend with a look at inflation. The Consumer Price Index is expected to show that inflation is being held down by falling energy and food prices. The S&P 500 is up 3% so far this week. Oil prices are fluctuating as investors weigh a potential production cut versus record high inventories. Apple (AAPL) is getting more time to respond to the judge's order that it must cooperate with the FBI in unlocking an iPhone belonging to one of the San Bernardino killer. Apple's response is now due February 26th instead of next Tuesday. Meanwhile, Facebook (FB) and Twitter (TWTR) have thrown their support behind Apple in its decision to not comply with the judge's order. Nordstrom (JWN) issued a disappointing sales forecast and says profits will drop 30% in the first half of the year. Despite growing sales online, Nordstrom is cutting its tech spending. TheStreet's Jane King reports from the Nasdaq Marketsite in Times Square.