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Wall Street drops after weak industrial earnings, hawkish Fed

Stocks (^DJI^GSPC, ^IXIC) are down, with the consumer staples (XLP) sector the most in the green and the communications services sector (XLC) the most in the red. Yahoo Finance’s Jared Blikre and Jonathan Corpina join us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith and Adam Shapiro are joined by Dan Roberts, Ethan Wolff-Mann, Myles Udland, Melody Hahm,  Alexis Keenan, and Michael Block. Also joining the show: Tori Whiting, an economist at The Heritage Foundation, John Creswell, executive managing director at Duff & Phelps Investment Management Co., Marcie Allen, founder of MAC Presents, and David Goodfriend, chairperson at Locast.org.