Another Federal Reserve meeting relatively unscathed but still need to face the uks big vote on whether to leave the european union. Fed agreed to do nothing and that keeps stocks on the agenda the place to get the short term for your money. The stock market rallied on the news as we sold off later in the day after oil plunged a dollar dow sinking 35 points s p slipping 0. 1 and nasdaq climbed by the same amount. Still, i was pleased to hear that the fed paid no attention to the idealogues who want higher rates. Why . Boo so they can be lower after they throw us into a recession. No. Im flat the fed recognized employment only grew by 38,000 jobs last month and that mattered to them. [ baby crying ] i like that they realize the economy is on a real slow growth path and that rate hikes arent going to be able to come in lockstep. The rhetoric that drove the stock market down hard at the beginning of the year. I like these things because they mean the fed understands that job creation has
For wednesday may 25th. Good evening. Im tyler mathisen. Welcome everybody. Two Straight Days of gains on wall street, a rise in oil prices, optimism over the economy and positive news out of greece held fuel the rise and some investment pros say that higher Interest Rates may not spell trouble for the economy or stocks after all. With that the Dow Jones Industrial average climbed to 17,851. The nasdaq added 33 and the s p 50 0 was up 14. Reporter many of the market risks havent changed but the Market Perceptions of how risky they are may have so weve put a lot of hot button topics on our thermometer here. Well start with markets that traders are valuing high right now. The summer Interest Rate hike and also watching whats happens with the uk leaving of the European Union and also perhaps a rolling of the markets around that and whats happening with the u. S. Elections coming up this fall. China was a huge topic last year and into this year early and it still remains a big topic but ma
For wednesday may 25th. Good evening. Im tyler mathisen. Welcome everybody. Two Straight Days of gains on wall street, a rise in oil prices, optimism over the economy and positive news out of greece held fuel the rise and some investment pros say that higher Interest Rates may not spell trouble for the economy or stocks after all. With that the Dow Jones Industrial average climbed to 17,851. The nasdaq added 33 and the s p 50 0 was up 14. Reporter many of the market risks havent changed but the Market Perceptions of how risky they are may have so weve put a lot of hot button topics on our thermometer here. Well start with markets that traders are valuing high right now. The summer Interest Rate hike and also watching whats happens with the uk leaving of the European Union and also perhaps a rolling of the markets around that and whats happening with the u. S. Elections coming up this fall. China was a huge topic last year and into this year early and it still remains a big topic but ma
Good evening. Im tyler mathisen. Welcome everybody. Two Straight Days of gains on wall street, a rise in oil prices, optimism over the economy and positive news out of greece held fuel the rise and some investment pros say that higher Interest Rates may not spell trouble for the economy or stocks after all. With that the Dow Jones Industrial average climbed to 17,851. The nasdaq added 33 and the s p 50 0 was up 14. Reporter many of the market risks havent changed but the Market Perceptions of how risky they are may have so weve put a lot of hot button topics on our thermometer here. Well start with markets that traders are valuing high right now. The summer Interest Rate hike and also watching whats happens with the uk leaving of the European Union and also perhaps a rolling of the markets around that and whats happening with the u. S. Elections coming up this fall. China was a huge topic last year and into this year early and it still remains a big topic but maybe not as important or
Reporter some 11,000 guests packed the south lawn of the white house this morning to get a gyms of pope francis. He then met behind closed doors with president obama. In a ceremony fit for a pope, president obama joined by the first lady and members of his cabinet officially welcomed pope francis to the white house. In your humility, your embrace of simplicity and the gentleness of your words and the generosity of your spirit, we see a living example of jesuss teachings. Reporter while the president largely used his speech about compassion, he did touch on issues where the two leaders agree. Were grateful. Reporter for his part, Pope Franciss public remarks were limited to areas of agreement as follow. The public speeches were followed by a closeddoor oval office meeting. It seems clear to me also that Climate Change is a problem we can no locker be left we can no longer leave that to our future generation. L at the white house, fox news. Tara moriarty is in washington, d. C. For the p