U.S. Stock Market Wrap

Aug. 16 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks advanced, sending the Standard & Poor’s 500 Index to the highest level since April, as building permits jumped in July to a four-year peak and Cisco Systems Inc.'s earnings beat estimates. (Source: Bloomberg)

Preaching Patience on Post-Brexit BOE Accommodation
57:51 - David Page, senior economist at AXA Investment Managers, discusses second-quarter U.K. GDP data and expectations for a rate cut and more accommodative policy from the Bank of England as the impact of Brexit hits the U.K. economy. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • QuickTake: Superpower Strength of the U.S. Dollar
  • Go Sail Where Few Have Sailed Before
  • No One Expects a Fed Rate Hike Today