Captioning funded by cbs good good morning, from the cbs 57 newsroom at cbs headquarters in new york. Good to be with you. Im meg oliver in for annemarie green. This morning, theres a new bone of contention between president obama and president elect donald trump. Mr. Obama said had he run again against mr. Trump, he would have won. Not so, says the president elect suggesting mr. Obamas record would have prevented him from winning. Roxana saberi is here. In new york with more. Roxana, good morning. Good morning, meg. President elect trump said he could have won again. Mr. Trump took to twitter to disagree. This follows a series of rare public confrontations between the outgoing and incoming administrations. Reporter in a hypothetical president ial race, president elect donald trump says theres no way he would lose to president obama, citing jobs, isis and obamacare as the reasons on twitter. The comment came in response to a podcast interview the president gave to a former Senior Advis
Administration impact your money . This is a special edition of nightly Business Report for wednesday, november 9th. Good evening, everyone, and welcome to the day after. America has spoken as it has in its peaceful solemn way, every four years since 1789. Yesterday, they chose donald trump. The result was a shocker. To many investors, what happened today was almost equally unexpected. Stocks rose, and not just a little. A lot. Bond yields spiked, crude oil jumped, a major dlag dollar ingesti index fell. So many of the confident assumptions, a clinton win, a violent market selloff, if she didnt, were turned on their heads. Not that it was all smoothsailing. Asian markets did sell off and at one point overnight, u. S. Stock futures signaled an 800point dow dive. By the close, the dow jones fell. The s p 500 was up 23. The phrma sector was one of the top performers today. Thats because Donald Trumps victory eased concerns about potential action on drug pricing and taxes. Pfizer and merck
Administration impact your money . This is a special edition of nightly Business Report for wednesday, november 9th. Good evening, everyone, and welcome to the day after. America has spoken as it has in its peaceful solemn way, every four years since 1789. Yesterday, they chose donald trump. The result was a shocker. To many investors, what happened today was almost equally unexpected. Stocks rose, and not just a little. A lot. Bond yields spiked, crude oil jumped, a major dlag dollar ingesti index fell. So many of the confident assumptions, a clinton win, a violent market selloff, if she didnt, were turned on their heads. Not that it was all smoothsailing. Asian markets did sell off and at one point overnight, u. S. Stock futures signaled an 800point dow dive. By the close, the dow jones fell. The s p 500 was up 23. The phrma sector was one of the top performers today. Thats because Donald Trumps victory eased concerns about potential action on drug pricing and taxes. Pfizer and merck
Administration impact your money . This is a special edition of nightly Business Report for wednesday, november 9th. Good evening, everyone, and welcome to the day after. America has spoken as it has in its peaceful solemn way, every four years since 1789. Yesterday, they chose donald trump. The result was a shocker. To many investors, what happened today was almost equally unexpected. Stocks rose, and not just a little. A lot. Bond yields spiked, crude oil jumped, a major dlag dollar ingesti index fell. So many of the confident assumptions, a clinton win, a violent market selloff, if she didnt, were turned on their heads. Not that it was all smoothsailing. Asian markets did sell off and at one point overnight, u. S. Stock futures signaled an 800point dow dive. By the close, the dow jones fell. The s p 500 was up 23. The phrma sector was one of the top performers today. Thats because Donald Trumps victory eased concerns about potential action on drug pricing and taxes. Pfizer and merck
China sea. And Business Owners in a city on the japan sea coast are hoping the launch of a new high speed train line linking them to tokyo will bring them new opportunities. Prime minister shinzo abe is meeting with german chancellor Angela Merkel to discuss issues of mutual concern. This is the first time in seven years that merkel has visited japan. Japanese government sources say abe wants to confirm the two countries will continue to play an active role in contributing to global peace and stability. They say abe use merkels efforts to force dialogue resolving the conflict in eastern ukraine. Scattered fighting between prorussian separatists and Government Forces continues in the region despite a ceasefire that has been in place since midfebruary. Abe wants to promote talks with germany in dealing with russia and extending support for ukraine. Hes likely to suggest that pressure on russia is necessary, and that sanctions alone arent enough. Also expected to be on the agenda is china