The reason . Europe. The European Central bank decided it was not going to go easy on greece at least in public as that country tries to ease the terms out of its bailout. By the close, the blue chip dow index finished just six points higher 70,673. Nasdaq fell 11 points and s p 500 dropped 8 points. Oil snapped a four day rally with pressure of Energy Companies as focus is back on supply issues. Crude fell nearly 9 to 48. 45 and brent also dropped. Bob pisani is at the New York Stock Exchange with a reminder of how new york andthey in control. Reporter the four major sources of anxious. Oil, base metals bond yields and european equities. Several trends have been building for a while. Oil hovering in the mid 40s for a month and europe strong since mid january but the combination of all four together aided by words that a deal with greece may be possible as created a powerful rally. Going into the start of trading today, the s p 500 has rallied 70 points from its high to its low in just
The reason . Europe. The European Central bank decided it was not going to go easy on greece at least in public as that country tries to ease the terms out of its bailout. By the close, the blue chip dow index finished just six points higher 70,673. Nasdaq fell 11 points and s p 500 dropped 8 points. Oil snapped a four day rally with pressure of Energy Companies as focus is back on supply issues. Crude fell nearly 9 to 48. 45 and brent also dropped. Bob pisani is at the New York Stock Exchange with a reminder of how new york andthey in control. Reporter the four major sources of anxious. Oil, base metals bond yields and european equities. Several trends have been building for a while. Oil hovering in the mid 40s for a month and europe strong since mid january but the combination of all four together aided by words that a deal with greece may be possible as created a powerful rally. Going into the start of trading today, the s p 500 has rallied 70 points from its high to its low in just
Auto business and a Chinese Ecommerce Company called ali baba, tonight we look back on 2014, the year that was. With the dow notching record highs more than 30 times and the s p about 50, the bull market is now more than 5 years old. But 2013s perpetual push upward bumped into appear old acquaintan , volatility. In november, stocks bounced up to new highs but in december, there was another slide. Stock prices waivered as the Federal Reserve prepared to end the economic stimulus program. Tongue over the taper hung over the clouds like a year ago. Now still about the fed but the question is when it will begin to push Interest Rates back up . Can the economy handle higher Interest Rates . Well, employment numbers are better but real incomes really arent and inflation is still below the feds target level of 2 . One reason for the low inflation is a historic drop in the price of oil, down more than 45 from the years high in june. Why . It is simple and complex as the law of supply and deman
Auto business and a Chinese Ecommerce Company called ali baba, tonight we look back on 2014, the year that was. With the dow notching record highs more than 30 times and the s p about 50, the bull market is now more than 5 years old. But 2013s perpetual push upward bumped into appear old acquaintan , volatility. In november, stocks bounced up to new highs but in december, there was another slide. Stock prices waivered as the Federal Reserve prepared to end the economic stimulus program. Tongue over the taper hung over the clouds like a year ago. Now still about the fed but the question is when it will begin to push Interest Rates back up . Can the economy handle higher Interest Rates . Well, employment numbers are better but real incomes really arent and inflation is still below the feds target level of 2 . One reason for the low inflation is a historic drop in the price of oil, down more than 45 from the years high in june. Why . It is simple and complex as the law of supply and deman
The reason . Europe. The European Central bank decided it was not going to go easy on greece at least in public as that country tries to ease the terms out of its bailout. By the close, the blue chip dow index finished just six points higher 70,673. Nasdaq fell 11 points and s p 500 dropped 8 points. Oil snapped a four day rally with pressure of Energy Companies as focus is back on supply issues. Crude fell nearly 9 to 48. 45 and brent also dropped. Bob pisani is at the New York Stock Exchange with a reminder of how new york andthey in control. Reporter the four major sources of anxious. Oil, base metals bond yields and european equities. Several trends have been building for a while. Oil hovering in the mid 40s for a month and europe strong since mid january but the combination of all four together aided by words that a deal with greece may be possible as created a powerful rally. Going into the start of trading today, the s p 500 has rallied 70 points from its high to its low in just