back to business in the nation s capitol. 241 republicansnd 194 democrats are supposed to tackle top issues that are out there to you guys. guess what? house republicans made a sneak attack. a controversial move without debate. donald trump is not happy about it. we ll get scoop from peter barnes at russell rotunda at the center of the action. the president-elect is in new york after ringing new year in florida, going on a twitter tirade more than just house republicans. he is on a rampage against general motors have other business leaders ducking for cover. jeff flock whether his attack on gm is on point or slightly off target. the company making a 3 billion-dollar bet on next spacex rocket launch. what to expect from the 50th annual consumer electronic show in vegas. speak preyou view of electronics you will be buying. charles payne how to turbo charge your 401(k) so the money out lives you, not the other way around. we re here on the new york stock exchange. let s start th
after he criticized the move. all of this happening on day one of a brand-new congress. republicans are pushing an aggressive agenda as vow to put up a fight. we ve got you covered on this very busy hour. david: and the markets getting aggressive there at the end. the dow climbing in the final minutes of trading. nike and verizon moving positive and oil moving in the opposite direction. the ce in chicago to tell us why and lori rothman is on the floor of the new york stock exchange. lori, it was up more than 170 points and in the morning it lost it, and then it came back. why? hi, david. happy new year. we did see some late-session buying today. that s for sure. quick answer to your question, the vix. volatility index falling about 6 or 7%, give or take, today. so that means investors are feeling more calm, more confident about what lies ahead. so safe to say that post election rally rolls on here into the new year. now, we do have a bunch of story stocks to run through for
its inflation and employment goals, and the central bank is headed for its expected policy path. more from that exclusive interview with the federal reserve vice chair. as we have been reporting, donald trump is to hold a news conference in a little bit. he told us earlier on in is near its inflation and employment goals, and the central bank is aaded for its listening meeting with congressional leaders that he would have a press conference from 12:00, and a press release from the white house came out and said there will be a news conference at 12:30. is ostensibly to name his new labor secretary picked up right let s bring in senior bloomberg white house correspondent. margaret, we have some names. nbc is reporting that alexander acosta is going to be the pick. margaret: that s right. that is reported by mbc as well and we are all working to confirm this, the short list you mentioned. , as well as joseph guzman, a reporter and catherine templeton from the south carolina labo
right now. good morning. very warm welcome to worldwide exchange on cnbc. i m wilfred frost along with courtney reagan in for sara today. good morning. very good morning. it s throwback thursday, with courtney here we re throwing it back to country hits. you ll have to educate me as we go through. who is this? this is lady a., right? lady antebellum. i guess we ll have some garth at some point? the only name i know. i hope so. throwback thursday, and another record high for the markets. yesterday all three four including the russell 2000 yet again hit record all-time highs. led once again by the financials. albeit a slightly broader rally yesterday than the prior day. renewed hopes of a trump tax plan, strong data which drove up yields, which drove up financials, as i already mentioned, some earnings, the likes of pepsi, procter & gamble leading the consumer sectors higher. the bond proxies like utilities were underperformers. we are called fractionally hi
at the fallout ahead of the g20 meeting. the new plan, senator ron paul and mark sanford pointed out through legislation. other republicans to move. snatchat expected to go public today ahead of the highly anticipated ipo. the companies studied up to $22.2 billion. take a look at the numbers in the stock might do this morning. the company warning users of another hack attack in the hacks ]-right-bracket. bryson looks to slash the price tag to acquire struggling and an accompanying that the potential. records come in almost a paid major indices closing it down high street features indicate a pullback from the performance yesterday. in europe, also seen a pullback. major averages in the year as i ve done a percent. cac in paris at one half of 1%. nikkei average down half a percent. shanghai composite of half a percent. no pain at the time. details on that plan to pay for gasoline without even getting out of the car. joining us to talk about it, dagen mcdowell. former goldman sa