#$colm

Equity markets surge, close near highs (S&P best day since January)! FOMC keeps rates unchanged (expected)/alters language (expected), as still remains “dovish”; Russia/ruble recover after massive losses prior week (and yesterday) after Bank of Russia actions; President Obama unveils plan to normalize US/Cuba relations; Consumer Prices (CPI) drop more than expected/most in 6-years; another volatile move for crude (closes up 1%, but turns negative in after hours – traded up as much as 5.5%); treasuries sell off on FOMC headlines (yields rise); the dollar surges; couple of M&A related news stories; several movie theaters wont screen SNE’s ”The Interview” due to threats; ORCL rpts after the close; Transports underperform on weak FDX earnings.