Stocks (^DJI, ^GSPC, ^IXIC) are up modestly at the midday mark, with the financial sector (XLF) leading and real estate (XLRE) lagging in the red. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Dan Roberts and David Nelson, chief strategist at Belpointe Asset Management.
Where are the stock market bears?
David Nelson is writing an article we’re publishing on Yahoo Finance about bulls and bears and the stock market. He’s a bull, though he’s also concerned that the market doesn’t have enough bears. We discuss what to expect in 2017.
Facebook to start testing ads in middle of videos: reports
Facebook is reportedly going to start showing ads in the middle of videos and will share the money with publishers. Recode says Facebook will test ads that start after people have watched a video for at least 20 seconds. Facebook does not allow so-called “pre-roll” ads that run before a video begins.
Hilton Grand Vacations spins off from Hilton Worldwide
We’ve all heard of Uber and Airbnb. But one of the original sharing industries is also thriving. That would be vacation timeshares. Recently, Hilton Grand Vacations spun off from Hilton Worldwide. Mark Wang, CEO of Hilton Grand Vacations, joins us live from the New York Stock Exchange.