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Transcripts For CNBC Squawk On The Street 20161213

This morning. The dow logging another record high as it marches toward 20k. Day one of that fed meetinging. President elect trump announcing exxon mobil chairman and Ceo Rex Tillerson as his pick for secretary of state. Plus, microsoft cofounder bill gates speaks out. Trumps policies on trade, relations with china, Interest Rates, and a lot more. But first up, the march towards 20,000 continues. The dow is on track to open trading at an alltime high one day after posting its 15th record closing high since the election. We also have the fed kicking off the twoday meeting, many expecting it to result in a rate hike tomorrow. Jim, i assume theres no doubt in your mind about that. No. And i think that the banks have to have it. We saw the banks waivever. This is not an all trump stock day. We got china, good numbers. Italy, major recapitalization. I think there was another time this market would be up huge just recognizing these italian banks are getting their act together. Im worried abou

Transcripts For WPVI Action News At 600 AM 20160729

Live Team Coverage from the Wells Fargo Center. He will breakdown clintons speech and tells tell us whats going on today. Accuweather is tracking rain and a break from the heat. Lets go outside to david murphy with the latest and karen rogers is trying to get you to work wherever you are trying to to get. Reporter Storm Tracker 6 live double scan shows the last widespread band of rain can you think in. Weve had this since late yesterday off and on through the night. Most areas picked up two inches. The cluster of yellow in the state of delaware is adding a lot more. We have a concern about ponding and puddling and flooding along roads and flashing creeks and streams. Do be careful out there and avoid driving or waking through flooded areas. The heavy stuff is pushing east through new castle county. Theres more precipitation in the northern suburbs, as well. Im standing in light rain right now. Flood watch continues until noon. The rain will be over toward the end of morning rush hour i

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