The economy. Oil, should we forget all the forecasts and run for the hills when you see prices moving down . Thats brent. West texas even lower. Walls of water from the midwest to the east coast. Look at that. Major flooding, really intense storms this morning on the east coast, and through much of the central and eastern part of the u. S. This is from nebraska, a hospital getting absolutely washed out as water came rushing in. First, though, to sue at the nyse. Separate dramatic video, tyler. Were going to start with stocks. The Dow Jones Industrial average is on the up side now by almost 100 points. The s p is up 12. Nasdaq composite up 36 and the russell is with up modestly. Up 62 points. The tenyear u. S. Stocks here at home rising. So here are the and then falls, japan gmt dp for qit plumme plummets, and chinas money flow slows, u. S. Retail sales for july below expectations. That begs the question el we just the bestlooking markets among mediocre performing markets . Or why else
Dow transports finishing at fresh alltime highs. The reason . Federal reserve policy makers decided today to keep Interest Rates right where they are near zero for what they call a quote, considerable time. Now, that is the phrase some fed watchers thought would be dropped from its postmeeting communication. And the thinking was it would have opened the door to higher Interest Rates sooner. Well, not so fast, said the fed chair janet yellin, the rate is not ready, and the lower inflation means the rates can stay low for now, on wall street, major averages shot higher, dow up about 25 points with the high, nasdaq up nine, s p edging back from an historic intraday high this afternoon finishing just two points higher on the day. Prices on tenyear treasuries fell as bond yields jumped to a session peak above 2. 6 , moving up in the past couple of weeks. And the u. S. Dollar gained some ground as well. Hampton pierson has more. Reporter Federal Reserve chair janet yellin delivered a shot to
Wall street with the dow and the dow transports finishing at fresh alltime highs. The reason . Federal reserve policy makers decided today to keep Interest Rates right where they are near zero for what they call a quote, considerable time. Now, that is the phrase some fed watchers thought would be dropped from its postmeeting communication. And the thinking was it would have opened the door to higher Interest Rates sooner. Well, not so fast, said the fed chair janet yellin, the rate is not ready, and the lower inflation means the rates can stay low for now, on wall street, major averages shot higher, dow up about 25 points with the high, nasdaq up nine, s p edging back from an historic intraday high this afternoon finishing just two points higher on the day. Prices on tenyear treasuries fell as bond yields jumped to a session peak above 2. 6 , moving up in the past couple of weeks. And the u. S. Dollar gained some ground as well. Hampton pierson has more. Reporter Federal Reserve chair
Wall street with the dow and the dow transports finishing at fresh alltime highs. The reason . Federal reserve policy makers decided today to keep Interest Rates right where they are near zero for what they call a quote, considerable time. Now, that is the phrase some fed watchers thought would be dropped from its postmeeting communication. And the thinking was it would have opened the door to higher Interest Rates sooner. Well, not so fast, said the fed chair janet yellin, the rate is not ready, and the lower inflation means the rates can stay low for now, on wall street, major averages shot higher, dow up about 25 points with the high, nasdaq up nine, s p edging back from an historic intraday high this afternoon finishing just two points higher on the day. Prices on tenyear treasuries fell as bond yields jumped to a session peak above 2. 6 , moving up in the past couple of weeks. And the u. S. Dollar gained some ground as well. Hampton pierson has more. Reporter Federal Reserve chair
Dow transports finishing at fresh alltime highs. The reason . Federal reserve policy makers decided today to keep Interest Rates right where they are near zero for what they call a quote, considerable time. Now, that is the phrase some fed watchers thought would be dropped from its postmeeting communication. And the thinking was it would have opened the door to higher Interest Rates sooner. Well, not so fast, said the fed chair janet yellin, the rate is not ready, and the lower inflation means the rates can stay low for now, on wall street, major averages shot higher, dow up about 25 points with the high, nasdaq up nine, s p edging back from an historic intraday high this afternoon finishing just two points higher on the day. Prices on tenyear treasuries fell as bond yields jumped to a session peak above 2. 6 , moving up in the past couple of weeks. And the u. S. Dollar gained some ground as well. Hampton pierson has more. Reporter Federal Reserve chair janet yellin delivered a shot to