Into a head fake and selling intensified into the close. Today sbirs came out in force, snapping six days of dramatic selling. At the close the Dow Jones Industrial average soared 619 points to 16,285. The nasdaq rose 281 points. And the s p 500 rallied nearly 73 and has emerged out of correction territory. With questions about Global Growth still lingering, was wall street satisfied with that rally . The report from the new york stock exchange. It was another wild day but with a very different ending. It started like yesterday with a 300 point move in the dow at the open. Unlike yesterday, we began rallying midday and kept going. The issue yesterday was not much of a factor today. After 3 00 p. M. Yesterday, waves of orders to sell stocks at the close started hitting the floor. Very large numbers. When traders saw this sell imbalance, they sold ahead of it. That exacerbated the big selloff yesterday. That did not happen today. Sell orders at the close were relatively muted. So is this
Into a head fake and selling intensified into the close. Today sbirs came out in force, snapping six days of dramatic selling. At the close the Dow Jones Industrial average soared 619 points to 16,285. The nasdaq rose 281 points. And the s p 500 rallied nearly 73 and has emerged out of correction territory. With questions about Global Growth still lingering, was wall street satisfied with that rally . The report from the new york stock exchange. It was another wild day but with a very different ending. It started like yesterday with a 300 point move in the dow at the open. Unlike yesterday, we began rallying midday and kept going. The issue yesterday was not much of a factor today. After 3 00 p. M. Yesterday, waves of orders to sell stocks at the close started hitting the floor. Very large numbers. When traders saw this sell imbalance, they sold ahead of it. That exacerbated the big selloff yesterday. That did not happen today. Sell orders at the o close were relatively muted. So is th
Into a head fake and selling intensified into the close. Today sbirs came out in force, snapping six days of dramatic selling. At the close the Dow Jones Industrial average soared 619 points to 16,285. The nasdaq rose 281 points. And the s p 500 rallied nearly 73 and has emerged out of correction territory. With questions about Global Growth still lingering, was wall street satisfied with that rally . The report from the new york stock exchange. It was another wild day but with a very different ending. It started like yesterday with a 300 point move in the dow at the open. Unlike yesterday, we began rallying midday and kept going. The issue yesterday was not much of a factor today. After 3 00 p. M. Yesterday, waves of orders to sell stocks at the close started hitting the floor. Very large numbers. When traders saw this sell imbalance, they sold ahead of it. That exacerbated the big selloff yesterday. That did not happen today. Sell orders at the close were relatively muted. So is this
System. This is about two hours. Subcommittee will come to order. Welcome to the ways and means subcommittee on tax policy, our hearing on how tax reform will simplify our broken tax code and help individuals and families. Before we get started with Opening Statements and so forth, id like to yield to the chairman of the ways and Means Committee, congressman kevin brady for the purposes of introducing a distinguished witness who is before us today. Mr. Chairman. Thank you. Chairman rossman, thank you for your leadership of the tax committee. Thank you for leading hearings like this that allow america to have the conversation about creating a bolder, fair, flatter and more pro growth tax code. I want to thank all our witnesses for being here today, but i want to give a special welcome to our friend, my friend, chairman bill archer, former leader of this committee and a longtime mentor of me personally. Chairman archer, thank you for being here to share your insight and your experience o
System. This is about two hours. Subcommittee will come to order. Welcome to the ways and means subcommittee on tax policy, our hearing on how tax reform will simplify our broken tax code and help individuals and families. Before we get started with Opening Statements and so forth, id like to yield to the chairman of the ways and Means Committee, congressman kevin brady for the purposes of introducing a distinguished witness who is before us today. Mr. Chairman. Thank you. Chairman rossman, thank you for your leadership of the tax committee. Thank you for leading hearings like this that allow america to have the conversation about creating a bolder, fair, flatter and more pro growth tax code. I want to thank all our witnesses for being here today, but i want to give a special welcome to our friend, my friend, chairman bill archer, former leader of this committee and a longtime mentor of me personally. Chairman archer, thank you for being here to share your insight and your experience o