Markets most notably oil. Crude spiked nearly 3 . Its biggest oneday gain in three weeks. The rise in oil sent the Energy Sector higher and the stock market and that helped lift the broader stock market after some initial wobbles. The Dow Jones Industrial average gained 19 points to finish at 17,812. It the nasdaq added a fraction of a point and the s p 500 tacked on 2. 5. But the heightened concerns also drove money into safe haven assets like u. S. Treasuries which saw prices climb and yields dip. Michelle carusocabrera has more on the incident and the consequences. Reporter turkey confirmed it shot down the warplane this morning near the region of la tack yag claiming it violated turkish air space and violated repeated warnings. Russia denies that the plane crossed the border into turkish skies. Footage of the incident shows a warplane on fire before crashing on a hill. Two crew members parachuting out. A pressure release said one of the pilots killed, the other captured russia late
Good evening, everyone. Im Tyler Mathisen coming to you tonight from outside the Federal Reserve headquarters on constitution avenue in washington, d. C. And here today, the nations central bank, in an historic move, voted to begin pulling back its unprecedented stimulus. Sue . Good to see you, ty. Im sue herera. Stocks took off in response to that. Tonight, what the feds decision means for your investments and your money. We begin with the decision itself. The committee voted to raise Interest Rates by a quarter of a point, and though small, it signals a vote of confidence in the economy, and it ends an extraordinary sevenyear period of near 0 Interest Rates. And in response, stocks rose sharply. All of the major indices were up more than 1 . The Dow Jones Industrial average added 224 points to 17,749. The nasdaq climbed 75 and the s p 500 gained 29. Hampton pearson has more on the feds decision and the outlook for future rate hikes. Reporter at the Federal Reserve, the end of an era,
Good evening, everyone. Im Tyler Mathisen coming to you tonight from outside the Federal Reserve headquarters on constitution avenue in washington, d. C. And here today, the nations central bank, in an historic move, voted to begin pulling back its unprecedented stimulus. Sue . Good to see you, ty. Im sue herera. Stocks took off in response to that. Tonight, what the feds decision means for your investments and your money. We begin with the decision itself. The committee voted to raise Interest Rates by a quarter of a point, and though small, it signals a vote of confidence in the economy, and it ends an extraordinary sevenyear period of near 0 Interest Rates. And in response, stocks rose sharply. All of the major indices were up more than 1 . The Dow Jones Industrial average added 224 points to 17,749. The nasdaq climbed 75 and the s p 500 gained 29. Hampton pearson has more on the feds decision and the outlook for future rate hikes. Reporter at the Federal Reserve, the end of an era,
Markets most notably oil. Crude spiked nearly 3 . Its biggest oneday gain in three weeks. The rise in oil sent the Energy Sector higher and the stock market and that helped lift the broader stock market after some initial wobbles. The Dow Jones Industrial average gained 19 points to finish at 17,812. It the nasdaq added a fraction of a point and the s p 500 tacked on 2. 5. But the heightened concerns also drove money into safe haven assets like u. S. Treasuries which saw prices climb and yields dip. Michelle carusocabrera has more on the incident and the consequences. Reporter turkey confirmed it shot down the warplane this morning near the region of la tack yag claiming it violated turkish air space and violated repeated warnings. Russia denies that the plane crossed the border into turkish skies. Footage of the incident shows a warplane on fire before crashing on a hill. Two crew members parachuting out. A pressure release said one of the pilots killed, the other captured russia late
Markets most notably oil. Crude spiked nearly 3 . Its biggest oneday gain in three weeks. The rise in oil sent the Energy Sector higher and the stock market and that helped lift the broader stock market after some initial wobbles. The Dow Jones Industrial average gained 19 points to finish at 17,812. It the nasdaq added a fraction of a point and the s p 500 tacked on 2. 5. But the heightened concerns also drove money into safe haven assets like u. S. Treasuries which saw prices climb and yields dip. Michelle carusocabrera has more on the incident and the consequences. Reporter turkey confirmed it shot down the warplane this morning near the region of la tack yag claiming it violated turkish air space and violated repeated warnings. Russia denies that the plane crossed the border into turkish skies. Footage of the incident shows a warplane on fire before crashing on a hill. Two crew members parachuting out. A pressure release said one of the pilots killed, the other captured russia late