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The blue chips index saw it is biggest intraday reversal since. Gust of 20 for the s p 500 it was the biggest flip since 2016. If any one thing pressured stocks today it was the bond market. A weakur tre auction and a bumming deal in washington sent them on a fewer year high. That rise in terms triggered concerns that the Federal Reserve might raise rates. The dow was down to 25693. And with volatilitck are some are calling this a new phase in the market. But is there more selling ahead . Bob pisani takes a look. Reporter it was another wild and whacky day of trading. He dow swung this a 500 rai and went from negative to up 200 points in 30 seconds but closed lower. We know a large part of the blood bath thiseek was perhaps due to obscure trading products tied to volatility. For the past year traders have been short the volatility betting it would drop and long on the stock market. This blew up on monday. Trade hers toould have t ....
. Lse to leave and there appear i apologize. That is the word. Throughout the day, you can conversation on cspan or our twitter feed as well. Itch mcconnell 2 50 p. M. Eastern time, the live here on cspan. Mitch mcconnell is a presumptive new majority leader of the u. S. Senate and hes both, as did his allison, they both spoke last night. We want to show you the concession and victory speeches from last night. [cheering] are you having a good time . [applause] , we areht like tonight grateful, above all else. For me, the gratitude starts with people of kentucky. [applause] they have put their trust and confidence in me for a long time. I want to thank them tonight. I work hard to bring your concerns to washington and i will not let up. [applause] you know, every election is a job interview. In this cake, a very long one. [laughter] i have shared my vision with you. Shared your stories and concerns with me. One complaint has stood out above all the rest, especially in recent weeks. Anou ....
You are absolutely right. Five times since the end of world war ii a party has had the white house for two consecutive terms. President reagans Approval Ratings back in 1988 were very good. Democrats in their infinite wisdom nominated michael dukakis, and the rest is history. For 2016, there are couple of things we dont know. History argues that republicans ought to win the presidency in 2016. But the big question is, will they have repaired their brand . Will they have repaired some their problems with minority voters, young voters, women voters, selfdescribed moderate voters . I would argue that some of those groups just basically stayed home. It will be interesting to watch to see whether latino turnout dropped disproportionally, for example, being upset that immigration hasnt gone through and all that. So if republicans address their brand challenges, it will obviously make a difference. Obviously also whoever the republican ....
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