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Oil/Earnings Propel Stocks Upward

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Improvements in crude oil and heating oil contracts today helped stocks take back some of their recent losses.  Combine that with the best Consumer Confidence reading since October and stocks really started to accelerate.  Mix in some strong earnings reports and concerns about tomorrow's Fed meeting took a back row seat.  the Dow closed up 282 points on the day.

John Pusa
Glendale, CA

Jeff Jensen Thanks for the quality report on the stock market.

Jan 26, 2016 08:50 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I'm enjoying the prices at the pump Jeff Jensen but living in the nations 2nd largest oil producing State I don't mind seeing the price per barrel going up either.

Jan 26, 2016 08:54 AM