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Stocks up following comments from Fed Chair Jay Powell

Stocks (^DJI^GSPC, ^IXIC) are up, with the materials (XLB) sector the most in the green, and the consumer staples (XLP) sector the most in the red. Alan Valdes, director of floor operations at Silverbear Capital and 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 Dion Rabouin and Melody Hahm are joined by Yahoo Finance Editor-in-Chief Andy SerwerPras SubramanianMyles UdlandJulia La Roche, and Jeanie Ahn. Also joining the show: Susan Lyne, Barry Bannister, and Scott Rogowsky.