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Ahead this our. Im melissa lee, coming to you live from studio b at the nasdaq. Our guest trader tonight, Katie Stockton of fair lee strategies. And we start off with the newest milestone for Interest Rates. Yields on tenyear surging part the 4. 6 mark, getting closer to breaking above october 2007. The benchmark rate is up 1. 4 Percentage Points from its april low, massive move. The rapid rise in rates taking a particular toll on a few sectors. Real estate, utilities among the hardest hit. And while stocks closed off their lows of the session, the attempted rally lost some steam so, how worried should stock investors be about these rate moves . We like to play a game i love games. Here on fast money, where i would say, imagine if yesterday i told you this would happen, what would the markets do . If i said to you, gu ....
Energy prices are likely to be a point discussed at todays fed meeting. The fomc is expected to turn off its massive Bond Buying Program while ensuring investors it will start ready to act should the economy be threatened. And we will have Steve Liesman joining us with the exclusives from the fe survey later this morning. The s p caseshiller index, consumer confidence, and Third Quarter housing data. As for earnings, among the names posting Quarterly Results before the bell, dupont just hitting the tape. Pfizer, auto nation, corning, when i will pool. Coming this up afternoon, facebook will be on Centers Stage after a market closes. We have the dow looking like it will open higher. Up about 11. 5 points. T ....