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Saw broadbased stock market gains and a rise in oil prices. That as you might expect helped lift the energy sector. By the close the Dow Jones Industrials were up 156 points to 17,524. The nasdaq added 43. And the s p 500 was up 21. Bob pisani as more on todays gains ahead of tomorrows big meeting. Stocks hadck positive day, though they came off their highs towards the close. A big help was the two biggest problem sector, oil and highyield bonds, both behaved themselves today. It also helps were entering a traditionally seasonably strong period of the year and this is the time tax selling usua...

This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy . First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Theres some cheaper oil, but its being used up b...

Saw broadbased stock market gains and a rise in oil prices. That as you might expect helped lift the energy sector. By the close the Dow Jones Industrials were up 156 points to 17,524. The nasdaq added 43. And the s p 500 was up 21. Bob pisani as more on todays gains ahead of tomorrows big meeting. Stocks had a positive day, though they came off their highs towards the close. A big help was the two biggest problem sector, oil and highyield bonds, both behaved themselves today. It also helps were entering a traditionally seasonably strong period of the year and this is the time tax selling usua...

Sinking 6. 5 . Lets take it by the clock. When i got up this morning, the futures, they were down hideously. And you know i get up early. A couple of reasons. Both chinese imports and exports showed chinas decline in Growth Continues to accelerate. Weve now had 13 straight months where chinese imports slumped right in a row. No wonder copper is in free fall. No wonder theres no place to put aluminum and steel. No wonder irons under 40. Nickel, zinc, i cant even look at them. Its just bad over there now as the economy frantically switches to being consumer base. Only one third of the chinese ec...

That notion and the diselusion of the cartel are rattling in a way that nobody could predict. Dow going and s p shrinking and on a day when the price of oil fell to a low and then a 17 year low. We have to talk about this. You you know that i have been saying how the market is in crazy town. A place where good news is bad news, and we did have a nice change of this on friday and we rallied. Today however, perhaps the best news that could happen to the consumer aside from the tax cut which your never going to get. A further giant decline in the price of something that we all spend a lot of mone...