Fed Discount Rate Increase Rumor

The bears are pretty desperate here when we see these rumors about a Fed discount rate hike.  This would be pointless by the Fed.  They already made a symbolic discount rate hike and to further differentiate Fed funds rate and the discount rate would be pointless.  I was surprised that Fast Money Halftime members seemed cautious here after a 4 point pullback.  We'll probably close in the green today.