Market Watch: Stocks Up as 2015 Starts to Fade

“I just think people are bottom-fishing here”   –James Meyer, chief investment officer at Tower Bridge Advisors

And thus was one investor’s opinion of what happened on Wall Street on Tuesday.  Markets experienced a 2nd straight day of gains as the S&P added 1%,  oil stabilized and Caterpillar (one of the worst performing stock in the Dow this year) rebounded somewhat.  U.S. crude settled up 33 cents, or 0.92 percent, at $36.14 a barrel, which is still a multi year low for the commodity.

Bloomberg.com states:

“The Markets Are Getting Jumpier, and We Can’t Tell if That’s Good or Bad- From calm to stressed and back.” Read more here.

Check out a rundown of today’s market activity from CNBC below.

Here are the final numbers from Tuesday, 12/22/15 on Wall Street:

Dow Jones Industrial Average: 17, 417.41 (+165.79/ +0.96%)

NASDAQ: 5,001.11 (+32.19 / +0.65%)

S&P 500: 2,038.97 (+17.82 / +0.88%)

Phil Cannella

Phil Cannella

As a partner with CBS Radio in Philadelphia, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella
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Phil Cannella
Phil Cannella
Phil Cannella

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