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

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