Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are trading sideways midday on very low volume with financials leading and consumer staples lagging. Stephen Guilfoyle joins us live from the floor of the New York Stock Exchange to discuss the markets.
Joining Yahoo Finance's Alexis Christoforous to discuss some of the other big stories of the day are Yahoo Finance editor-in-chief Andy Serwer and John Burke, CEO at Burke Financial Strategies.
Obama's historic visit to Saudi Arabia
Obama might be a lame duck, but he’s closing his presidency with one more visit to the Middle East. Today, he meets with King Salman to reassure America’s Gulf allies of their strategic relationship and establish his foreign policy legacy. The visit comes as many Middle Eastern nations are struggling financially due to the low price of oil. According to Bloomberg, the Saudis just sealed their first loan in 15 years to fill a $100 billion budget hole. How important are the Middle East allies to the U.S. now that they're struggling financially?
Which companies are paying the most?
Physicians and lawyers may have the highest paying jobs in America, but which companies in the U.S. actually pay the most? Many tech companies (XLK) come out on top, according to a Glassdoor survey. Google (GOOGL), Facebook (FB) and Twitter (TWTR) round out the top 25.
Google takes on advertising's Goliath
Google has dominated online advertising, but now it's now going after the big dog: TV. In a study published today, Google says YouTube ads are 80% more effective than traditional TV ads. But can we trust the findings given the source of the research?