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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Qatar buys $622M Empire State Building stake with oil money

Yahoo Finance

Stocks (^DJI, ^GSPC, ^IXIC) are under pressure at midday, with utilities (XLU) leading the way down, and financials (XLF) the least in the red. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.

To discuss the other big stories of the day, Justine Underhill is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Yahoo Finance’s Dan Roberts.

Judge dismisses Starbucks case
There’s nothing wrong with the amount of ice in your Starbucks drink. A California judge dismissed a proposed class-action lawsuit accusing the coffee chain of under-filling its iced drinks. Did this case have any real merit to begin with?

Ten reasons to reorganize Buzzfeed
BuzzFeed, the social news and entertainment site, is reorganizing, again. The company is planning a split into two distinct divisions: news and entertainment, according to Vanity Fair. Why is Buzzfeed making another change?

Qatar is in a New York state of mind
The Empire State meets the Qatari State. Qatari’s sovereign-wealth fund bought a 9.9% stake worth $622 million in the company that owns the Empire State building. This is just the latest foreign buyer to make a big bet on Manhattan real estate. What’s driving Asian and Middle Eastern investors to New York property now?