Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are in a wait-and-see mode ahead of the afternoon announcement in Washington from the Federal Reserve policymakers' meeting and the news conference by Chair Janet Yellen. Crude oil (CLJ16.NYM) rises, as the latest read on U.S. inventories is less than expected. Stephen Guilfoyle, managing director of floor operations for Deep Value Execution Services, joins us from the floor of the New York Stock Exchange to discuss the markets.
Yahoo Finance's Alexis Christoforous discusses the Fed and some of the other big stories of the day with Mark Martiak, senior wealth strategist at Premier Wealth First Allied Securities and Thomson Reuters correspondent Bobbi Rebell, author of How to be a Financial Grownup.
Big money fails in 2016 race
Many well-heeled donors are singing the blues today after backing losers in the 2016 presidential race. Our Rick Newman is crunching the numbers and finds Super PACs spent more than $200 million for those no longer in the running. That includes Florida Senator Marco Rubio, who quit after losing his home state of Florida last night.
Corporate deals with music stars grow
There's a new kind of celebrity marriage—music stars and corporate sponsors. The Wall Street Journal reports a growing number of companies are teaming up with artists such as the recent agreement between MasterCard (MA) and Gwen Stefani of "No Doubt" fame. The paper says overall firms spent $1.4 billion on such deals last year, trying to connect with younger consumers who are the biggest listeners of music.