Stocks climb higher, gold tanks as Comey testifies on the Hill

Stocks (^DJI^GSPC^IXIC) are slightly higher at the midday mark as James Comey testifies on the Hill. The financial (XLF) sector is leading the way up while real estate (XLRE) and utilities (XLU) are still in the red. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman and Nicole Sinclair.

Today’s Midday Movers topics:

  • James Comey testifies on the Hill. Will the markets care or is it politics as usual?
  • The Nordstrom family wants to buy back their stores from the public. Is this the last gasp by brick-and-mortar?
  • A blind man recreates his wedding and, with the miracle of technology, sees his wife’s face.We’ll tell you all about these stories, and what the markets are up to today.