Stock Market Update

Market Snapshot

Dow	17131.97	+100.83	(0.59%)
Nasdaq	4552.75	+33.86	(0.75%)
SP 500	1998.98	+14.85	(0.75%)
10-yr Note	UNCH	2.592

NYSE	Adv 1960	Dec 1100	Vol 632.4 mln
Nasdaq	Adv 1520	Dec 1292	Vol 1.74 bln

Industry Watch

Strong: Consumer Staples, Energy, Health Care, Telecom Services, Utilities

Weak: Consumer Discretionary, Financials, Industrials

Moving the Market

Concerns about global macro strength persist after China reports decline in Foreign Direct Investment (-1.8%; prior -0.4%): People's Bank of China to provide CNY500 billion through Short-term Lending Facility

WSJ reporter Hilsenrath suggests Fed may keep "considerable period" language in its directive

Frequent updates that focus on broad U.S. and overseas market activity, key economic releases and stock futures trading that begin prior to U.S. market open and end with a final comment after the close.

Stocks Rally Ahead of FOMC Directive

16-Sep-14 16:10 ET

Dow +100.83 at 17131.97, Nasdaq +33.86 at 4552.75, S&P +14.85 at 1998.98

[BRIEFING.COM] The major averages posted solid gains ahead of tomorrow's policy directive from the Federal Open Market Committee. The S&P 500 rallied 0.8%, while the Russell 2000 (+0.3%) could not ...

Crude oil futures rally over $2/barrel, closing just below $95/barrel

16-Sep-14 15:30 ET

Dow +115.25 at 17146.39, Nasdaq +38.15 at 4557.04, S&P +16.24 at 2000.37

[BRIEFING.COM] The dollar index remained in the red in afternoon trading, which helped provide price support to commodities. Crude oil had a nice run today, gaining ...

Noteworthy Earnings on Tap

16-Sep-14 15:00 ET

Dow +118.37 at 17149.51, Nasdaq +33.36 at 4552.25, S&P +16.12 at 2000.25

[BRIEFING.COM] The S&P 500 trades higher by 0.8% with one hour remaining in the session. Investors have not received any market-moving earnings in recent days, but that could change tomorrow ...

Holding the Highs

16-Sep-14 14:30 ET

Dow +127.24 at 17158.38, Nasdaq +34.56 at 4553.45, S&P +17.50 at 2001.63

[BRIEFING.COM] Equity indices remain on their highs with the S&P 500 (+0.9%) holding the lead. Small caps, meanwhile, continue showing relative weakness with the Russell 2000 up 0.5%. ...

Inching Higher

16-Sep-14 13:55 ET

Dow +120.06 at 17151.20, Nasdaq +32.05 at 4550.94, S&P +16.93 at 2001.06

[BRIEFING.COM] The major averages have continued their advance that was sparked by Jon Hilsenrath's report indicating the Fed will keep its forward guidance little changed in tomorrow's policy statement. ...