The green. We had Economic Data that beat estimates. In some cases, we saw consumer inflation rising of the biggest backtoback pace since the spring, giving more material to those who think the fed will raise rates in december, and perhaps that the economy is on better footing for a to do so. If you look at an intraday chart of the s p 500, we see quite a lot of volatility. Stocks are climbing to the highs of the session around 11 30 a. M. , and then taken a couple of legs down and up throughout the day. We have had some headlines about events around the world that, if not directly linked to the attacks in paris, at least there is, perhaps, a perception in the minds of and that investors that could be a link. There is a little bit of trepidation been expressed in the markets today. Look at treasuries as well. There has been quite a bit of selling of treasuries on the Economic Data, and now there appears to be some buying of treasuries that has led yields to be unchanged. A couple of re
Reporter as you said, we believe thise is an ongoing investigation. One of the ais spects, a woman who apparently killed rself, blew herself up at the beginning of the assaults. This happened at 4 30 a. M. Local time. By 6 30 a. M. , there were more explosions about two hours after it began. This is in an Apartment Building and there are Apartment Buildings and stores and all arnd. Itsar a densely populated area. Neighbors are staying in their apartments in their homes. They have are hearing gun fire and explosions throughout the Early Morning hours and understandably very frightened. Policeceave told people in thth neighborhood beforehand, this is not an attack, this is going to been an unexpectedly violent operation, according to some policeo sources and that is what people are reacting to now. Asas w w said, still ongoing, we cant confirm the number of dead suspects or injured police according to a Police Spokes person. They saype this is still ongoing and they dont want to jeopardi
Off an unexpectedly Weak Services report which pressured equities early on and sent bond yields sinking. More on that momentarily. By the close the blue chip index gained, to 16,336, moving 400 points from its low to its high. The nasdaq slipped 12 and the s p 500 rose 9. As for domestic crude prices, take a look at that percentage gain, 8 to the upside snapping a twoday rout as the dollar tumbled and despite record inventories. If anything, today was a reminder of why this market is anything but boring. Bob pisani explains what fueled todays rebound. Reporter we stopped dropping when oil stopped dropping about 11 00 a. M. Stocks went sideways until about 2 00 p. M. When the whole market turned around. The dow rallied over 250 points in about an hour. Oil also rallied to the highs for the day. So what happened . Some are citing vague rumors that oilproducing countries are trying to cobble together an agreement to limit production. But, you know, weve heard those rumors before. Regardle
Off an unexpectedly Weak Services report which pressured equities early on and sent bond yields sinking. More on that momentarily. By the close the blue chip index gained, to 16,336, moving 400 points from its low to its high. The nasdaq slipped 12 and the s p 500 rose 9. As for domestic crude prices, take a look at that percentage gain, 8 to the upside snapping a twoday rout as the dollar tumbled and despite record inventories. If anything, today was a reminder of why this market is anything but boring. Bob pisani explains what fueled todays rebound. Reporter we stopped dropping when oil stopped dropping about 11 00 a. M. Stocks went sideways until about 2 00 p. M. When the whole market turned around. The dow rallied over 250 points in about an hour. Oil also rallied to the highs for the day. So what happened . Some are citing vague rumors that oilproducing countries are trying to cobble together an agreement to limit production. But, you know, weve heard those rumors before. Regardle
Off an unexpectedly Weak Services report which pressured equities early on and sent bond yields sinking. More on that momentarily. By the close the blue chip index gained, to 16,336, moving 400 points from its low to its high. The nasdaq slipped 12 and the s p 500 rose 9. As for domestic crude prices, take a look at that percentage gain, 8 to the upside snapping a twoday rout as the dollar tumbled and despite record inventories. If anything, today was a reminder of why this market is anything but boring. Bob pisani explains what fueled todays rebound. Reporter we stopppped droppg when oil stopped dropping about 11 00 a. M. Stocks went sideways until about 2 00 p. M. When the whole market turned around. The dow rallied over 250 points in about an hour. Oil also rallied to the highs for the day. So what happened . Some are citing vague rumors that oilproducing countries are trying to cobble together an agreement to limit production. But, you know, weve heard those rumors before. Regardle