|Day's Range||10.05 - 10.13|
|52 Week Range||8.56 - 17.28|
The S&P 500 started this week stronger and reached fresh record high levels. On December 12, seven out of the S&P 500's 11 major sectors moved higher.
Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week. Technology stocks were back in favor with the biggest boost from Apple Inc (AAPL.O) as investors eyed a continuation of strong fundamentals in the sector. Traders, waiting for the Fed's two-day rate setting meeting to begin on Tuesday, see an 85-percent probability for a 25 basis point hike to the Fed funds rate target and a 15-percent chance of a 50 basis point hike, which would be the third rate hike this year, according to CME Group's Fedwatch tool.
After trading with strength for two trading weeks, the S&P 500 started this week on a weaker note. It fell for the first two trading days this week.
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.
Gold is heading lower, falling to the lowest levels in over four months. But don't panic. Goldman Sachs is out with a note today saying don't count out gold just because cryptocurrencies like bitcoin steal all the headlines. Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.
Veteran trader and author, John Netto, sits down with Yahoo Finance's Jared Blikre to talk stocks, bonds, market correlations, volatility, inflation, wage pressure, the Federal Reserve and the new CBOE bitcoin futures launching this Sunday (all in under 5 minutes).