47 in about two days. Gold catching a minor bid. Crude getting killed. David we will break those earnings but lets turn to washington. Puty attorney erroneousstein appointed a special counsel between ties between the Trump Campaign and the russian overnment. Marty shanker is here with us. What is next . Well, i think as soon as he gets on the job, hes going to scope out where his investigation should go. Its interesting. I think Rod Rosenstein just by this appointment has cemented his standing and his power within washington. The only way that any influence the white house can have would be to fire him and that would be worse than firing comey. And mueller is known to be a straight laced case maker and hes going to take this investigation wherever it leads including into the white house. David a lot of praise from capitol hill about the appointment of mr. Mueller. Does this take it away from congress . Does this take a lot of the wind out of the sails and say let mueller handle it . I
Lets get straight to the top story. Fed chair janet yel hn the floor yesterday, and she made it clear she isnt on the same page as her hawkish colleagues. Shes moving ahead carefully with the Central Banks decision on future rate hikes. In particular, developments abroad imply that meeting our objectives for employment and inflation will likely require a somewhat lower path to the federal funds rate than was anticipated in december. Given the risk to the outlook, i consider it appropriate for the committee to proceed cautiously in adjusting policy. Her dovish tone lifdhe dow and the s p, both indices posting their highest closing levels of the year. The s p is now up half a percent for 2016 as a whole and has fully recovered after seeing its worst january since 2009. Lets have a look at futures at this hour. Were expecting that positivity postyellen to continue. The dow called higher by 93 points. The s p by 11. The nasdaq by around about 25 points. Lets also have a look at the bond ma
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