Tuesday stocks were up, with the largest one day jump so far this year. The Dow added more than 200 points, and the S&P and Nasdaq saw significant gains. Movement like this has caused some -- including the White House -- to suggest Wall Street is eyeing every last development of the Washington debt drama.
The jump was the same day the Senate's Gang of Six announced a bipartisan compromise that would end the debt ceiling standoff and work towards a goal to rein in spending.
But initial indications of wide Congressional support began to fizzle out Wednesday, and just like that, the Dow, S&P and Nasdaq posted losses by the end of the day.
But on today's Power Play Live w/Chris Stirewalt, Fox Business anchor Lou Dobbs argued the markets' movement is less about potential solutions coming out of Congress - like a short-term deal -- and more a symptom of an economy that is "showing signs of life."
Dobbs says this is happening despite the "propaganda emanating from the Treasury Department."
Get your dose of straight talk weekdays on Power Play Live w/Chris Stirewalt. Read Chris' column first on the Foxnews.com politics page, then join the conversation live at 11:30 ET at live.foxnews.com.