Stocks rallied Wednesday as uncertainty over when the Federal Reserve might make its initial move off of crises-level rates dissipated. The chances of a December rate hike have jumped since a blockbuster October jobs report. Most Fed members support a rate hike next month, according to the central bank's October meeting minutes. Officials said the conditions for a hike would be met in December. However, as always, members emphasized that any move continued to be contingent on data. Qualcomm (QCOM) sank to a four-year low after South Korea accused the company of breaking antitrust laws. The government's competition regulator proposed fining the tech giant for the way in which it licenses its technology.
More from Video
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.