The dow is down 61. We were down 183. At that point every single financial website was blaming donald trump for the selloff. Theyre all saying trump rally is fading i it is trumps fault. The rally is over. 20,000 is slipping away and one of the worst days in the election. Were coming back. Is that suddenly not Donald Trumps fault . This could be something totally unrelated to the president elect and has all the winners since the election day like financials falling. Were looking at that. Team trump charging into battle. General james, mad dog mattis. Fired grenades on range of topics progressed ney today, russia and grenada. They will tell us if the military hero is the one to run the pentagon. Obamacare under assault at this hour. Ramping up, House Speaker paul ryan and calling highlevel meetings and votes, a rescue mission, calling it that, a rescue mission. The senate is down but now the house is set to vote on repealing and replacing next. Hold your horses, some congressman, republ
Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All the focus on treasuries still. 10year yields higher up two basis points. I will say though another auction, more supply. Thats going to be a focus 20 e twoyear notes are billion worth. Alix now lets go around the world with check in with more top stories with caroline. Could it be a 50 premium on before any of these talks started to be decimated . Its been a roller coaster for monsanto. But it loo
Can they sell enough assets and will there be the buyers to make the regulars feel ok . Jonathan some of the regulators have already given that deal the green light. Its a more concentrated industry. Alix we will be discussing this economy as well as the fed and investing strategies for a low rate world. Will be here. We will discuss whether the recent volatility is here to day with Julian Emanuel. Relativesn asia but stability in europe. Jonathan we have a day of gains potentially in europe with the ftse up. 6 . Not much action in the fx market. We are stable at 132. Data come so pretty much unchanged versus the previous month. Helping over in london. Up by 1. 26 . Credit growth in china making a comeback. In a bond market here we are. Coming in by basis point at the front end. We are set up for another big day in the markets. That 30 year treasury auction not going very well here in the u. S. Ares go around the world indepth coverage of all of those top stories. Megan murphy is in ne
Our Political Panel tells us if her highpowered standin can stop trump and the cringeful colin powell emails that just came out. The dow fumbled a significant gain, wed be lower if it werent for the sweet sales and rocking review of the iphone. The dow is down 11 points, lets start the countdown. Breaking news here, the market pendulum is swing all over the place at this hour. From the sea of red, 24 hours ago, that the very moment to a field of green and kind of a wild time for investors. Where will stocks land today . With less than an hour for the closing bell, the dow is struggling to hold onto gains, the s p and the nasdaq are in the green barely. The s p up 1 1 2 points. As i said the dow down 10, the nasdaq better by 25. We have to blame oil for all of this. The crude benchmark is tumbling for the second day in a row. Right now down 3 in the aftermarketed session. What happened . As we always get on wednesdays, a huge build not in crude but distillates, that is diesel, heating o