Us who say there are still stocks worth buying at these levels. Well tell you which ones coming up. The dow is up nearly 9 . The russell up nearly 15 . These are the kinds of numbers that make for a great year. With the feds decision tomorrow we look at whether investors are paying more attention. By the way, in case you havent heard the ceo of exxon mobil has been chosen by donald trump as next secretary of state. We are wondering what that move could mean for the future of the oil giant coming up later this hour. Lets start with dows run at 20,000 and nasdaqs push into record territory. Bob pisani is tracking action on the floor of the Stock Exchange and Courtney Reagan is at the Nasdaq Market site for us. Talking about this rotation. November industrials, materials and banks giving way now to new sectors of the company like consumer names. There is nike up nearly 2 . Didnt have a great november but doing pretty well now. Drug stocks, swing around to the right and let me show you her
People to look at the market, maybe for the first time in quite some time. So if nothing else, it gets peoples eyeballs on the market. To answer your question, i still think there are sectors. And health care has been underloved for a number of Different Reasons, all of which make sense. But also on valuation, a lot of big cap phrma makes sense here. And i believe the technology which is under some pressure over the last couple weeks is now coming back with a vengeance and i do think there is some opportunities there, as well. Dan, where do you fall on this . Large cap phrma is probably a good spot. They got an initial pop right after the election and gave a lot back there. If youre looking for the yield, looking for a bit of defensiveness. There is a lot of political stuff wrapped in there, but also decent valuation. That suppospace looks interesti me. Im scared of health care, pete. Tell me why i shouldnt be scared of heart attack. The political winds are against it. Its been cheap f
Up Interest Rates and signals there are more hikes to come. Can the stock market continue to rally as Interest Rates rise . Im here to help you folks do well. The president elect strikes a conciliatory tone as he meets with prominent Silicon Valley executives. Some of his most vocal critics during the campaign. 1 billion accounts. Yahoo discloses another hack, and this one is even bigger than the last. Those stories and more tonight on nightly Business Report for wednesday, december 14th. Good evening, everyone. And welcome. It finally happened. The Federal Reserve hiked shortterm Interest Rates. It is the first increase this year, and just the second in about a decade. Rising Interest Rates could impact millions of americans, including those who save, those who invest and those who are thinking about buying a home. Interest rates have been near zero since the Great Recession but today the economy has picked up. And she expects the momentum to continue. That could mean more Interest Ra
Up Interest Rates and signals there are more hikes to come. Can the stock market continue to rally as Interest Rates rise . Im here to help you folks do well. The president elect strikes a conciliatory tone as he meets with prominent Silicon Valley executives. Some of his most vocal critics during the campaign. 1 billion accounts. Yahoo discloses another hack, and this one is even bigger than the last. Those stories and more tonight on nightly Business Report for wednesday, december 14th. Good evening, everyone. And welcome. It finally happened. The Federal Reserve hiked shortterm Interest Rates. It is the first increase this year, and just the second in about a decade. Rising Interest Rates could impact millions of americans, including those who save, those who invest and those who are thinking about buying a home. Interest rates have been near zero since the Great Recession but today the economy has picked up. And she expects the momentum to continue. That could mean more Interest Ra
Up Interest Rates and signals there are more hikes to come. Can the stock market continue to rally as Interest Rates rise . Im here to help you folks do well. The president elect strikes a conciliatory tone as he meets with prominent Silicon Valley executives. Some of his most vocal critics during the campaign. 1 billion accounts. Yahoo discloses another hack, and this one is even bigger than the last. Those stories and more tonight on nightly Business Report for wednesday, december 14th. Good evening, everyone. And welcome. It finally happened. The Federal Reserve hiked shortterm Interest Rates. It is the first increase this year, and just the second in about a decade. Rising Interest Rates could impact millions of americans, including those who save, those who invest and those who are thinking about buying a home. Interest rates have been near zero since the Great Recession but today the economy has picked up. And she expects the momentum to continue. That could mean more Interest Ra