Lets get to bob pisani on the floor of the New York Stock Exchange. This is what it sounds like when doves fly. Very good. That was a good song. The important thing about it is since yesterday, were up 1. 5 . The s p 500, we turn positive for the year. Lets look at what the markets are doing in the middle of the day. Brian is right. Were in a bullish situation now. Two to one advancing declining stocks. New highs are expanding 200 at the nyse. Volume is on the moderate side. Volatility, well, the vix is at new lows for the year essentially. So lets take a look at the s p 500, we are at highs for the year and, yes, thats only about up 1 . Well take that and most of those gains for the year have come just in the last 24 hours. Big caps, new highs, i mentioned some expansion of new highs and we have ge and coke and johnson and johnson, all names you know at new highs. United health. We track that on an intraday basis. Travelers also on the upside here. So most of the new highs recently ha
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mostly on those strong tech earnings we told you about last night. And the s p 500 added a double deuce. 22. As for the week, all of the major indexes saw gains of at least 2 . And todays rally started with a surprise. An announcement from the Chinese Central Bank. Eunice yoon has the details from beijing. Reporter the Chinese Central Bank cut Interest Rates by 25 basis points and reduced the reserve requirement ratio at the banks by 50 basis points. On state radio the chinese premier said that th
How long will it last . And the trouble with twitter. The u. S. Central commands twitter account, as you probably know hacked. Its not the first example. At what point does it make no sense for companies to have twitter . Which ones should stay on it . Well talk about that and more, but, first, lets check in with sue at the new york stock exchange. Hi, sioux. Hi tye. Stocks are surging as we kick off the earnings season. The dow up triple digits about 145 points on the trading session. Make that 147. We were up more than 280 points earlier on this morning. A lot of volatility in oil, and thats one of the factors in this market today. Many others as well and bob pasani joins me on the floor of the nyse to give me some details. We were up more than 200 points and once again, chevron and exxon came in and was a drag on the overall markets, but were Still Holding up pretty well, and tech is having a great day, including down stallworths. Cisco having a great day as well. These are big move