PM - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. U.S. stocks finished higher on Friday to close out one of the best weeks since February. Investors took in a consumer price index report that showed inflation rose in November by the most since 1982, although just below the feared mark of 7%. Investors are also digesting what is expected to be a more hawkish tone from the Federal Reserve’s monetary-policy committee next week at its meeting. For the week, the Dow was up 4%, the S&P 500 Index gained 3.8% and the Nasdaq rose 3.6%. The Dow recorded its biggest weekly percentage gain since March, while the S&P 500 Index and Nasdaq each had their largest weekly percentage gain since February. Ever struggling Fitch has become the first to label China Evergrande's (OTCPK:EGRNF) overseas

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Wall Street Breakfast: What Moved Markets