That gender pay gap will finally close—in 136 years

Stocks (^DJI, ^GSPC, ^IXIC) are rallying on day two after the Federal Reserve announced no change to its monetary policy. The real estate sector (XLRE) is leading, while utilities (XLU) are in the rear. 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 Seana Smith.

Small businesses are cash strapped: JPMorgan

“Cash is King.” That’s the title of a new JPMorgan Chase Institute report on small businesses. It reveals that they’re increasingly cash strapped and on average are only saving $7 a day. About 570,000 small businesses were found to have only 27 days of cash reserves on average, with restaurants having the smallest buffer: 16 days.

Eliminating gender pay gap to take 136 years: study

There’s mixed news in recent study about the gender pay gap in America. The American Association of University Women found that the ratio of male-to-female earnings last year narrowed to nearly 8%, the least since 1960. The bad news is that the rate of change is slowing … and it’ll take 136 years for women to achieve pay equity at this rate.

Study ranks America 28th in meeting UN health goals

America may have the world’s biggest economy, but it’s nowhere near the top when it comes to meeting health goals set by the United Nations. A report published by the Lancet shows the US ranks 28th in meeting the UN’s sustainable development goals. The countries in blue on the chart rank below expectations on measures including poverty, clean water, education, inequality and innovation. Iceland and Sweden share the top slot with Singapore.