Gainer, up 1. 5 . This is the best twoday rally weve seen since late october. Lets see which s p sectors are actually leading those gains. And is the imap function, as it has been all day, energy has been the leading sector, up by 2. 6 . You can see across the board, all 10 sectors of the s p are in the Greenhunter Energy financials are not too far behind, up by about 2. 6 and health care up by 1. 6 . I want to talk to you about nymex crude, its holding its games today as well. Right now, up by 3. 4 . Sort of your session highs, we saw session highs about an hour or two hours ago. In theains are nudging best twoday high. Were still at sixyear lows. David health care the way in that sector. Ramy there are quite a few stocks to stock about. Valeant is also rising, with valiant shares pretty much soaring, up 18 . Accelerating gains within the past half hour or so. This is after reaching a Drug Distribution agreement with walgreens. It looks i can investors are looking at the deal as more
Good evening, everyone. Im Tyler Mathisen coming to you tonight from outside the Federal Reserve headquarters on constitution avenue in washington, d. C. And here today, the nations central bank, in an historic move, voted to begin pulling back its unprecedented stimulus. Sue . Good to see you, ty. Im sue herera. Stocks took off in response to that. Tonight, what the feds decision means for your investments and your money. We begin with the decision itself. The committee voted to raise Interest Rates by a quarter of a point, and though small, it signals a vote of confidence in the economy, and it ends an extraordinary sevenyear period of near 0 Interest Rates. And in response, stocks rose sharply. All of the major indices were up more than 1 . The Dow Jones Industrial average added 224 points to 17,749. The nasdaq climbed 75 and the s p 500 gained 29. Hampton pearson has more on the feds decision and the outlook for future rate hikes. Reporter at the Federal Reserve, the end of an era,
Saw broadbased stock market gains and a rise in oil prices. That as you might expect helped lift the energy sector. By the close the Dow Jones Industrials were up 156 points to 17,524. The nasdaq added 43. And the s p 500 was up 21. Bob pisani as more on todays gains ahead of tomorrows big meeting. Stocks had a positive day, though they came off their highs towards the close. A big help was the two biggest problem sector, oil and highyield bonds, both behaved themselves today. It also helps were entering a traditionally seasonably strong period of the year and this is the time tax selling usually abates. Theres a problem though the fed. Most traders accept that the fed really wants to start raising rates. Thats not so much a problem. The issue is how fast will they raise the rates. Most expect the fed to say theyll raise rates very, very sloefl. The concern is the feds chair, janet yellen, inadvertently or not, may adopt a more hawkish tone trigger be a wave of concern which means trad
Saw broadbased stock market gains and a rise in oil prices. That as you might expect helped lift the energy sector. By the close the Dow Jones Industrials were up 156 points to 17,524. The nasdaq added 43. And the s p 500 was up 21. Bob pisani as more on todays gains ahead of tomorrows big meeting. Stocks hadck positive day, though they came off their highs towards the close. A big help was the two biggest problem sector, oil and highyield bonds, both behaved themselves today. It also helps were entering a traditionally seasonably strong period of the year and this is the time tax selling usually abates. Theres a problem though the fed. Most traders accept that the fed really wants to start raising rates. Thats not so much a problem. The issue is how fast will they raise the rates. Most expect the fed to say theyll raise rates very, very sloefl. The concern is the feds chair, janet yellen, inadvertently or not, may adopt a more hawkish tone trigger be a wave of concern which means trad
Good evening, everyone. Im Tyler Mathisen coming to you tonight from outside the Federal Reserve headquarters on constitution avenue in washington, d. C. And here today, the nations central bank, in an historic move, voted to begin pulling back its unprecedented stimulus. Sue . Good to see you, ty. Im sue herera. Stocks took off in response to that. Tonight, what the feds decision means for your investments and your money. We begin with the decision itself. The committee voted to raise Interest Rates by a quarter of a point, and though small, it signals a vote of confidence in the economy, and it ends an extraordinary sevenyear period of near 0 Interest Rates. And in response, stocks rose sharply. All of the major indices were up more than 1 . The Dow Jones Industrial average added 224 points to 17,749. The nasdaq climbed 75 and the s p 500 gained 29. Hampton pearson has more on the feds decision and the outlook for future rate hikes. Reporter at the Federal Reserve, the end of an era,