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CNBC Closing Bell December 12, 2017

Good buy into early end and maybe beyond. But lets start with todays rally. Joining our exchange today is jim kahn, sarge gilfoy, and Rick Santelli at the cme. Rick, im going to start with you if i may ahead of the fed meeting tomorrow weve got a bit of a stealth rally in the pound the pound. The dollar over the last week or so including a little bit today how many rate hikes over the next 13 months are priced in you know, i dont know that much of the dollar activity that were seeing today is necessarily predicated on what investors think about 2018 whether its two, three, some are saying four. I really think its more of a function of the u. S. Market kind of bucking the trends of europe, the spreads of our treasuries especially the long end is distancing itself from the yields of the long end of europe and as that occurs, if you were to put that on a chart, the differential at 210 basis points seems to be one of the factors that could be dragging the dollar up a bit. More in a yearend

BREAKING: No Bitcoin Sale From Tesla, Electric Car Giant Holds On As BTC Bounces Back To $30,000

BREAKING: No Bitcoin Sale From Tesla, Electric Car Giant Holds On As BTC Bounces Back To $30,000
newsbtc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbtc.com Daily Mail and Mail on Sunday newspapers.

Stock Market and Economy News and Updates - The New York Times

Citing the need to cut prices to move inventory, the company slashed its earnings outlook for the year, sending its stock price tumbling in after-hours trading.

Sell Off: Tesla Profits Down 30% as Company Dumps Bitcoin Holdings

Profits are down and Tesla has sold a majority of its Bitcoin shares.

Tesla Earnings Show Bitcoin Sell Off

Tesla earnings report shows that Musk’s faith in crypto is wavering as the carmaker admitted to selling 75% of its Bitcoin holdings.

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