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Today. This is the day, bill, people will look back on and remember. Disney seized a little bit in the earnings. As you can see there, disney shares down about 9 . Putting the cable bundle front and center after talking about espn. Not just disney. Other big media stocks falling today as netflix is hitting an alltime high. 21st century fox down 7. 5 . Time warner, not the cable piece, twx down 8. 7 . Comcast down 4. 7. And well debate whether its time for investors to get out of disney and into the unbundled media plays. Comcast is our parent company. Approving a new rule from dodd frank that requires Public Companies to essentially reveal the gap between the ceos pay and the rest of the companys employees, corporate americas not happy about it. But the director Heather Corzo says this rule doesnt go far enough. Shell be with us to explain her side of the story coming up in ....
Happening which is the equalweighted biotech index as im speaking, this is occurring. We are now at the highest level since december 2015. Thats more than a year and a half ago now take a look at the ibb this is your large cap biotech 300 has been resistance for a long time. Looks like she wants to take that out here. If you can get above the 300 level, thats another massive breakout okay, josh, it is above that 300 level, as we have this conversation ibb is up 5 in a week xbi, 6. 5 and what i want to know is not only did it take out 300, its already 312, theres no serious resistance here until at least 320. Theres nothing fundamental thats changed, but the xbi is up 8 over the last three days large cap biotechs going bananas. Xlv, now at alltime highs, right this minute. And so i think, like, people talk about ital technicals what were really talking about, not what are the earnings, what are the drugs coming out the market is processing that all the time what were saying is, what are ....
Financials hitting its high of nine years, bank of mek, citi, goldman, morgan stanley. Up a full percentage point qqq. And this rally is reaching all corners of the market with more than a fifth of the entire s p 500 hitting new 52week highs. Brian . Melissa, thank you very much. Im Brian Sullivan down in washington, d. C. What a day to be here. The good feeling after the speech certainly has investors feeling good. But speech aside, is the gop more likely to really get what they want . What are the democrats likely to give up to help the gop get to their goals . All that stuff from here. Great guests lined up from the Russell Senate building rotunda here in washington, d. C. Ill send it back to michelle. Actually, ill pick it up from there. Tyler. Welcome, everybody, im tyler mathisen. What a day we are witnessing. Record move for stocks, president s comments before a joint ....
Youre in new york. Are you okay there. They asked us to step outside for the beginning of the show but said no. I left my cowboy hat ott home so i couldnt possibly do it. Also you dont want to get assaulted by the tickle me elmos tackle me elmo. Theyre doing a whole show fromout side. Im Michelle Carusocabrera along with melissa lee. The wind behind us late winter blizzard is continuing to pack a punch, 72 million from West Virginia up to maine impacted by the storm. More than 6,000 Flights Canceled and the Weather Channel putting the hardest hit area from the storm here, dingmans ferry, pennsylvania. 24 inches of snow. Wow, we will have the latest on the storm straight ahead. First a check on the action on wall street. Stocks, theyre lower across the boar ....
The dow was down about 145 earlier. Technology and financials have chip makers suffering. Transports down 1 . United continental the biggest looser and they have been a looser on a lot of fronts in the past 48 hours. Gold up more than 1 , on track for its biggest gain in three weeks. Thank you. Here is what else is happening at this hour. Starbucks is moving beyond coffee wi coffee. A new lunch menu at more than 100 stores in chicago. A management selling hostess brands. Small Business Optimism falling off the post election highs we saw. Running out of steam. We begin with the nations top ceos back at the white house today. Live at the white house with the latest. Reporter it was the president s 13th meeting with American Business leaders, his 15th meeting if you count Business Executives from germany and cana ....