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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. ....
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. ....
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. ....
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