Stocks surge as geopolitical tensions ease
Stocks (^DJI, ^GSPC, ^IXIC) are flat at the midday mark, with the financial sector (XLF) leading the way up, while the energy sector (XLE) is lagging but still in the green. Keith Bliss of Cuttone & Co. joins us live from the floor of the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Yahoo Finance’s Melody Hahm.
Today on Midday Movers, we discuss:
Merck CEO quits President Trump’s manufacturers council
Stocks surge as geopolitical tensions fade
Energy stocks and crude oil as investments
Airbnb cuts users who used site for alt-right rally
How Facebook uses this app to gather intel on rivals