both got a twitterment from the president-elect. fiat announced a $1 billion investment to retool in warren, michigan, and toledo, ohio. that move would create 2 dhourks jobs. the company s ceo told a round table at the detroit autoshow the decision was in the works, quote, for a while, and was not influenced by trump. meanwhile, ford motor company says it s bringing back two discontinued models. the ranger and that infamous bronco and both will be made in michigan. president-elect donald trump praised both companies and thanked them on twitter. more mtp daily after this. the cnbc market wrap. thanks peter. stocks begin the week mixed. the dow sinks 76 points. the nasdaq rising ten points, pushing further into record territory. gas prices are on the rise. they ve jumped 12 cents over the last three weeks to $2.38 as crude has moved higher. and a volkswagen executive has
think what donald trump was talking about is not affecting the benefits of those who have the benefits coming to them. i m with him on that. but what we re talking about in the long-term vie viability, it s time we get down to business and make for a plan to save medicare, to save social security, and i think that we ll find some real consensus in a unified way as we deal with that. certainly we re going to be looking at those pieces of legislation that may not be in the first 200 days, but it certainly needs to be in this congress as we start to address that. as we anticipate the confirmation hearings this week, congressman, the pinned tweet, the tweet at the top of the freedom caucus twitter page reads we have an obligation to hold government officials accountable for misconduct, obstruction, and corruption. obviously ethics is a big issue for the freedom caucus. right now there are concerns democrats pushing back saying the con for mags hearings are happening before the real vetti