Highs of the session dramatically for the three major averages. Theative is negative nasdaq is negative and the dow is about the same. What i see is in the white, we have seen oil go a leg lawyer and stocks are going along with it a leg lower and stocks are going along with it. We had seen oil rising on concerns over supply constraints in nigeria as well as in the u. S. Since then, it has fallen off and it looks like that is what is causing stocks to go lower. Imap, energy the is in one of the top spots paring its gains. Health care and technology are languishing today but yesterday we had the big pullback in retail stocks. Its a mixed trade and retail. Kohls first earningspershare missed their forecast with possible sales down 3. 9 . They say consumers are not lying apparel and it says it has a good issues from a marketing perspective and the shares are down 8 which is a fiveyear low. Ralph lauren is seeing fruit of the turnaround efforts. The ceo has reorganize the company. Revenue f
And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w
And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w
And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w