And the global gogetter. The intrepid traveler trying to visit every country in the world. Why shes doing it and what shes calling the most beautiful part of her epic journey. Hey, good morning. We have a shot here of trump tower in midtown manhattan. Where, this morning, decisions are being made about whos going to run this country for the next four years. And we now know that Vice President elect mike pence will be taking over the transition team. Were also hearing a flurry of reports of the various republicans including Rudy Giuliani and Newt Gingrich who could move into one of the top positions. Meanwhile, it was another night of antitrump protests. In portland, oregon, one person got shot. Well have more on the simmering divisions in this country, but we start with mary bruce at the white house, reporting on the transition from an Obama Administration to a trump administration. The president elect is walking back from a central promise of his campaign after meeting with president
Getting out of utilities tel con. Weve talked about tech day after day. I think tech and bio tech could be the drivers of the nasdaq to start lifting this seasonhigher. You look at names like microsoft. The names that havent participated yet if theres participation there, that could lift the nasdaq up. Take a look at that. Some of techs biggest players. And they to petes point, have not participated, so we need these guys to tart pitch ng in terms of weight. Do you think thats going to happen . Its company by company and i think apple, youve got a couple of quarters that arent going to be that late. Thats been something thats been building over the last months for sure. Certainly post brexit. As weve gotten comfortable with the world. If you believe the payroll numbers we had on friday, telling you the u. S. Job market is fine and that the fed is sidelined and that chinas not a risic and oil isnt going to create a credit kris i all of these things that were holding back growth, tech wi
Its all good, but during the day, the route intensified. D th globe. As investors try to assess what the united kingdoms decision to leave the europe on union may mean for their money now and in the longterm. Today, the losses were deep. Not as heavy as friday, but the reason for the selling wasnt the same. Investors dumped assets they consider risky and rushed into government bonds for safety and that sent bond yields to record lows. By the close, Dow Jones Industrial average lost 260 points to finish at 17,140. Nasdaq fell 113. S p 500 was off 36. Bob pisani has more on todays sell off. It was another tough day for the market. Now, we did not end at lows, but that was not consolation. Volume was heavy, t 70 above normal as institutional sellers came in and reduced exposure across the board. Two big problems on u. S. Stocks. First is lower for longer interest rate. Its killing financials. It was another ugly day for Money Center Banks like bank of america and jpmorgan, but even region
Its all good, but during the day, the route intensified. D th globe. As investors try to assess what the united kingdoms decision to leave the europe on union may mean for their money now and in the longterm. Today, the losses were deep. Not as heavy as friday, but the reason for the selling wasnt the same. Investors dumped assets they consider risky and rushed into government bonds for safety and that sent bond yields to record lows. By the close, Dow Jones Industrial average lost 260 points to finish at 17,140. Nasdaq fell 113. S p 500 was off 36. Bob pisani has more on todays sell off. It was another tough day for the market. Now, we did not end at lows, but that was not consolation. Volume was heavy, t 70 above normal as institutional sellers came in and reduced exposure across the board. Two big problems on u. S. Stocks. First is lower for longer interest rate. Its killing financials. It was another ugly day for Money Center Banks like bank of america and jpmorgan, but even region
Its all good, but during the day, the route intensified. D th globe. As investors try to assess what the united kingdoms decision to leave the europe on union may mean for their money now and in the longterm. Today, the losses were deep. Not as heavy as friday, but the reason for the selling wasnt the same. Investors dumped assets they consider risky and rushed into government bonds for safety and that sent bond yields to record lows. By the close, Dow Jones Industrial average lost 260 points to finish at 17,140. Nasdaq fell 113. S p 500 was off 36. Bob pisani has more on todays sell off. It was another tough day for the market. Now, we did not end at lows, but that was not consolation. Volume was heavy, t 70 above normal as institutional sellers came in and reduced exposure across the board. Two big problems on u. S. Stocks. First is lower for longer interest rate. Its killing financials. It was another ugly day for Money Center Banks like bank of america and jpmorgan, but even region