Big banks and oil companies weigh on stocks
Stocks (^DJI, ^GSPC, ^IXIC) are off at the midday mark, with the financial (XLF) and energy (XLE) sectors leading the way down and tech (XLK) the most in the green. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance columnist Rick Newman and Bobbi Rebell, financial journalist and author of How to be a Financial Grownup. Plus, Yahoo Finance tech critic David Pogue joins us for the latest in tech.
Today’s Midday Movers topics:
Taking stock of the bull case for stocks
Latest data is bullish on the consumer
Federal Reserve to weigh decreasing price inflation
Test flying the DJI Spark mini drone
Why improving credit scores are good news for US economy
Beef between Belgian monarch and Burger King
Dr. Seuss studied by Bank of England to improve writing
