Citi just initi initiated cover apple. Just now . They didnt have coverage before . Maybe the previous analyst they had a new analyst. Yes, he likes it. Anyway, s p is down almost five points, off its lows at 1404. Fears of the fiscal cliff taking center stage once again, driving stocks lower after last weeks 3 surge. That big gain friday, 172 points. We lost a third of that right now. How can you protect your for portfolio . We have chief washington correspondent john harwood, bill from coors state Capital Advisers who has a review of the new lincoln movie, lee munson and senior economics reporter steve liesman, plus mary thompson. Were going to be here for a while. John, lets start with you. Any signs of progress on the hill . Reporter nothing tangible. We saw it at the initial meeting between the president and congressional leaders. We saw it over the weekend when some republicans again repeated their openness to being willing to raise taxes, which is something that is violated repu
First, lets go to the nyse where sue herera is standing by. The markets improving a little bit right now. Well off of our worst levels of the trading session. Still in the red, however. The markets right now show the Dow Jones Industrial average off 71 points onts trading day. The s p 500 is down about 6 3 4. Nasdaq composite down better than 1 1 2 points. Meantime our top story, that change of leadership at securities and exchange commission. Mary shapiro is stepping down as head of the s. E. C. And president obama is designating Commission Member elise walter as her replacement. Eamon javers is in washington with the details. Reporter this is a bit of a surprise announcement. A lot of other names had been speculated over the past couple of days here on who might succeed mary shapiro over at s. E. C. But the tap goes to elise walter today. She is a sitting s. E. C. Commissioner now. That means that the president will not have to face a bruising confirmation battle up on capitol hill f
This wall street journal page one story, spies keep intelligence from donald trump on leak concerns. President trump the wall street journal did a story today that was almost as disgraceful as the feeling New York Timess story yesterday. Any suggestion that the United States Intelligence Community, this was just given to us, is withholding information and not providing the best possible intelligence to the president and his National Security team is not true. Martha while the president awaits the confirmation for senator dan coats, who is going to be as director of National Intelligence and a big important coordinator and all of the scum of the New York Times is winning this headline. White house plans to have trump ally review intelligence agencies, an outsider. We are joined for the white house reaction and tony schaefer. We begin tonight with catherine herridge. Catherine. Thank you, martha. Based on the reporting tonight, there is deep unease at the fbi over new Law Enforcement lak
One story, spies keep intelligence from donald trump on leak concerns. President trump the wall street journal did a story today that was almost as disgraceful as the feeling New York Timess story yesterday. Any suggestion that the United States Intelligence Community, this was just given to us, is withholding information and not providing the best possible intelligence to the president and his National Security team is not true. Martha while the president awaits the confirmation for senator dan coats, who is going to be as director of National Intelligence and a big important coordinator and all of the scum of the New York Times is winning this headline. White house plans to have trump ally review intelligence agencies, an outsider. We are joined for the white house reaction and tony schaefer. We begin tonight with catherine herridge. Catherine. Thank you, martha. Based on the reporting tonight, there is deep unease at the fbi over new Law Enforcement lakes amid the bureaus probe of f