Closing Bell: Twitter Adds GIF Button; Stocks Rally For Third Day
U.S. stocks secured their first three-day winning streak of the year as concerns over oil, the U.S. economy and the Federal Reserve's rate hike plans subsided. The S&P 5000 broke out of correction territory. The latest minutes from the Fed indicated members were seriously evaluating the effect of the market selloff on monetary policy. At their January meeting, members said a sustained selloff added downside risk to the economy, pressure that could delay further rate hikes. Twitter (TWTR) announced it will integrate a button for users to search and insert GIFs on the social network. The company has struggled with weaker user engagement in recent quarters and has upped its initiatives to stimulate growth. Garmin (GRMN) jumped after quarterly sales beat expectations. TheStreet's Keris Lahiff reports from Wall Street.









