Transcript: Rick Rieder - The Big Picture
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
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Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
folks, welcome back to the "closing bell." i'm matt nesto on the floor of the new york stock exchange. counting down here, unbelievable, eight of nine-day rally. the s&p having its biggest single day advance we've seen in four weeks. really being led higher by the financials. the commodities. the energy stocks. also seeing strength in discretionary as well as the materials stock. a little bit of weakness in health care today. the hmos are having a good day. back them out of health care this week, telecom continues to be weak. and investors fearlessly driving the vix down to its low o...