What should you do with your portfolio . Well tell you. But first, we start with trump tweeting and the market listening. After calling out boeing last week, trump took on lockheed marin this morning, saying the costs are out of control. Billions of dollars can and will be saved on military and other purchases after january 20th. The stocks paid attention. Lockheed pulling nearly 3 . Northrop grummond, General Dynamics. Who could trumps next target be . First of all, on defense. Guy, investable or not . Yeah, i think its ininvestable. When he went after carrier, obviously the united technologies, one of the things we said was, they were in the crosshairs now, hell move on to the next target. United technologies, by the way, made a 52week high and closing on levels we slaft saw a yearandahalf, two years ago. Following in the after market, what is an alltime high. And i think the same thing is going to happen with lockheed martin. In the case of lockheed, it might take longer. This is a
Upper 50s all along the bay area not just for parts the south bay but also the north bay. We should be seeing a combination of partly cloudy skies through the early morning, but i just want to show you a quick look right now at our satellite radar because yesterday this is a completely different picture. We were seeing a lot of rain pushing through. That front that did move in from the north has finally tracked out south and its sitting south of us, but we are tracking a chance for more rain as we head into the upcoming workweek. I will have a look at exactly what you can expect but today we should be topping out in those upper 50s. Okay. Looking good, vianey. Thank you. Investigators are busy in the south bay this morning where at least one person has died after a fiery car crash. Today in the bays rick boon is live where it happened. Are investigators still out there working that scene . Reporter yeah, they are, vicky. Theres a lot of them out here working the scene this morning. We
Breaking overnight. A conviction in the shooting death of former nfl player will smith. But its not the verdict his family was hoping for. Good morning from the studio good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. President elect donald trump is dismissing reports that the russians interfered on his behalf in the president ial election, calling the claims ridiculous. But lawmakers from both parties are calling for an investigation. The report could complicate the possible nomination of Exxonmobil Rex Tillerson as secretary of state. Mr. Trump says he does not need daily Intelligence Briefings because he is, quote, a smart person. Hena daniels is here in new york. Good morning. Good morning, annemarie. Reporter president elect Donald Trump Holds more meetings at trump tower today as he continues to fill key posts in his admini
Legislation if necessary and im sure some legislation will be necessary. Rose on the same subject, we continue with david sanger and Michael Isikoff. L of this down on paper, give is it to congressional committees, perhaps make part of it public, before president elect trump gets sworn in and is able to come in and say Nothing Happened here. Rose we continue with an update on the trump transition and begin with Major Garrett of cbs news. Trump offered giuliani the position of attorney general and homeland security. Giuliani turned him down. Sources very close to the transition tell me, focusing entirely on secretary of state a position he wanted and coveted, but in the end trump would not give him. Giuliani sensed that and pulled out before suffering the indignity of sometime next week someone else getting that slot. So in every way this important political figure who revolutionized new york city and who was the biggest if not the most conspicuous exponent of the trump approach to the
Welcome to squawk alley for a tuesday morning. With john forte and Kayla Tausche this morning, dow, s p and nasdaq all trading in record territory, dow inching closer to 20,000. Starting to ask questions about whether it will bring about some selling. Looking for about a twoweek pull back in the wake of a fed meeting. Well see. The rest of the week will be interesting. For sure. Best s p factor today, dragging behind the rest of the postelection rally. Interesting to see it join the bunch today. Nasdaq hitting a new record early this morning. Nfib Small Business confidence soaring after the election, which a lot of investors are parsing through today. Bill gates seems to think that stocks are a little expensive. He knows a thing or two about finance. Going to get more from him in this show. He spoke to our becky quick earlier this morning. Nike, of course, the dows biggest laggard of the year is today the Top Performing dow component. Well see how long that dynamic lasts. Meanwhile, ne