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Stocks rally on strong economic data, U.S. court strikes down Obama-era fiduciary rule

Yahoo Finance

Stocks (^DJI, ^GSPC, ^IXIC) rally on strong economic data and a U.S. appeals court ruling that strikes down an Obama-era fiduciary rule. The financials (XLF) sector is most in the green, and the real estate (XLRE) sector is most in the red. Yahoo Finance’s Jared Blikre joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Pras Subramanian, Julia La Roche, Dan Roberts, Ethan Wolff-Mann and Dan Howley.