they re also putting money back into stay-at-home stocks. we ve seen everything from zoom and netflix to teladoc actually gained ground here. i want to caution this is a holiday on wall street. the nyse closing at 1:00 p.m. in new york. very thin trading volume and that can amplify moves one way or the other. the market is still up big, more than 20% so far this year despite today s losses. the spooich has more than doubled the lows of march of 2020. big picture, we need more information. if this doesn t turn out to be as scary as the initial headlines, we could see markets rebound here. on the other hand, if this variant is a real big concern, more losses could be ahead. i think either way we ll see turbulence in the coming days. our thanks to you, matt, david, elizabeth. we appreciate all of you. it is black friday, but will
beans, wolf. this has been a good administration. it s getting better every day. the economic numbers are looking better. i really do believe that secretary clinton is going to be a continue to be a plus, plus for this administration, of course, for the united states of america. guys, all of you know and a lot of our viewers know as well, we did lose a very good friend of all of ours, a friend of the situation room, the political strategist and commentator, tony blankley died of stomach cancer. he was a frequent guest on our program and cnn. a spooich writer for president reagan and former press secretary for newt gingrich when he was speaker and he s survived by his wife and three children. he was here in the situation room sharing his views on republican politics a couple of weeks ago. talking about negative campaigning, if you don t have a strong positive piece of your
is spending millions of dollars to flood the airwaves with anti-romney attack ads. is this payback time for newt gingrich? i m wolf blitzer and you re in the situation room. president obama dropped a bit of a bombshell a little while ago in an unscheduled appearance announcing bill daily is stepping down after just a year. he ll. replaced by the budget director, jack lou. here s jessica yellin. she s working the story for us. jessica, what s going on over here? well, wolf, first of all the president actually said that bill daley wants to spend more time with his family. let s listen to part of what the president had to say and then we ll talk about it a little bit on the back end. here s the president. obviously, this was not easy news to hear. and i didn t accept bill s decision right away. in fact, i asked him to take a couple of days to make sure that he was sure about this. but in the end, the pull of the hometown, we both love. a city that s been synonymous with