|Day's Range||2.30 - 2.30|
|52 Week Range||1.22 - 2.32|
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Dion Rabouin to discuss the latest market moves.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
Yahoo Finance's Seana Smith talks with Vincent Reinhart, chief economist of Standish Mellon Asset Management, about Fed Chairman Jay Powell's testimony on capital hill, the potential for four rate hikes in 2018 and how he will be received on Wall Street.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest in the markets.
Midday Movers is Yahoo Finance's midday markets show hosted by Seana Smith. Panel and guests look at all the day's top financial news.
Yahoo Finance's Seana Smith, Rick Newman, Melody Hahm and President of Heritage Capital Paul Schatz discuss why Trump's economic rating has slid downhill.
U.S. equity markets were under pressure again today, building on the negative sentiment that emerged last week, wherein stocks moved decidedly in two directions. At the outset of the week, equity markets stepped smartly higher, and in the process, helped temporarily allay fears that a sharp move lower and retest of 2581 was in the cards after the previous week’s elevated volatility and dramatic pullback.
Politics aside, investors will be focused on the FOMC meeting announcement, forecasts and Fed press conference this week. As we have discussed in previous notes, investors are universally expecting the FOMC to raise rates by 25 bps. The FOMC forecasts, arguably the most pivotal narrative for investors this week, will be updated.
The most important chart you need to know today is the yield curve. Over the past year, short-term rates have surged while long-term rates have held steady, sending the yield curve to its flattest levels in a decade. Now Morgan Stanley analysts predict the curve will be completely flat by 2018.