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He sat maralago, his resort in palm beach, florida. Youre looking at a live shot where he is expected to make some remarks about the economy, an announcement that could benefit the american worker. We will bring them to you as soon as we get them. We start twauf markets in an unfamiliar color, red. There was a lot of it today. The dow falling tripledigits for only the second time since the election. Both the s p and nasdaq also lower. The dow and s p closing on the dedelows. And call it a wall of worry in todays markets. Retail stocks falling today, despite our strong holiday season. The transports taking a hit, continuing a downward trend since hitting new highs just this month. And the auto stocks lower as well. Are we finally seeing some tracks in the trump trade, or is this an opportunity to buy the dip . Tim, what do you say . As always, depends on what sectors were talk about. You talked about the market hasnt had these, its been october 11th was the last real down day we had. Wh ....
Lets go over to the markets desk. Julie hyman has the very latest. Julie we are seeing stocks andback after the gain the streak we have seen in u. S. Stocks over the past four weeks. We have the fed meeting coming later this week, so there is a lot of talk about what that will bring. The decline today can really do to be tend on what is happening with oil prices. The Iran Student News Agency reporting the Iranian Oil Minister says we will Freeze Oil Production not until we raise it by about a third. Iran is not willing to freeze production until its production is more in line of what it was historically. 36. 85. Down we are seeing the big cap Oil Companies take a leg lower today. Also not helping oil today is the recovery in the u. S. Dollar as ....
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Equity researcher now using fake voice to answer the phone News Highlights: Equity researcher now using fake voice to answer the phone. Short sellers get used to not being very popular – they are regularly criticized in the press and may occasionally be scrutinized by the companies they campaign against. But even by those standards, Andrew Left from Citron Research has felt the pressure. Not from a company he has a negative opinion about, but from the people on the other side of the business. It’s GameStop and Reddit’s r / WallStreetBets crowd, of course. Citron Research is a research website specializing in short selling recommendations. Like everything else, forum members hacked Mr. Citron Twitter account, set up a fake Tinder profile for him and made so many abusive calls to his office that he was forced to answer the phone in a fake voice as if he were someone else. They made concerted efforts to report him to the SEC for fraud and launched one petition t ....