i'm joined by alison kosik on the floor of the new york stock exchange. so with me global economic analyst rana. let's start with you alison. >> buckle up as we get ready to hear the opening bell and see how stocks do. overnight we did see dow futures plunge as much as 800 points, and indicating a recovery of sorts if you want to call it that. we are expecting to see the dow fall anywhere from 200 to 250 points. part of the reason is because trump's win certainly came as a huge surprise for investors. wall street doesn't necessarily like surprise. and secondly, wall street doesn't really derstand what donald trump stands for. i'm talking about policywise. the unpredictable, anti-trade stance, worries many investors about how that's going to affect the u.s. economy. how that's going to affect countries globally. so as investors wake up to sort of a new landscape, this is a new landscape where donald trump has kind of thrown out the playbook that wall street is kind of played by, and now there's really no sort of path forward as to what exactly will happen.

i'm alison kosik. >> i'm john berman. 30 minutes past the hour. it is veterans day. hat's off to the veterans across the country. welcome to viewers in the united states and around the world. the breaking news this morning. this is portland, oregon within the last hour. we saw these confrontations between police and demonstrators there. just a short time ago, we heard from a police sergeant. sergeant pete wilson. he said what started as anti-trump demonstrators. some 4,000 people ended up being 100 or 200 violent protesters. he described as anarchists. setting fires and breaking windows. police, he told us, were using non lethal responses like pepper spray and paint guns. there were several arrests, he told us, as well. we get the sense and we're checking inasmuch as we can with portland. we get the sense the final 200 people who policed described as rioters has started to leave the scene. these pictures from a short time ago. we are told the situation is a bit more calm. portland is one of a dozen cities coast to coast where thousands of people were protesting resul

cnn business correspondent alison kosik has more. >> good morning, carol.re watching a stock market that's expecting a hillary clinton win on tuesday. this is a market that has been closely watching what's been happening in the news. i'm talking about the election. we have been watching it play out in the stock market. look at the past week, the markets have really been struggling as we watched the polls between donald trump and hillary clinton tighten. you saw the nervousness in those numbers on wall street but then in just a snap overnight when that news came out about the fbi clearing hillary clinton, we saw the futures jump and we knew when the opening bell rang this morning, that we would see a huge rally as you are seeing right now. the dow up 266 points. why is that? well, donald trump as far as wall street sees it, represents disruption, he represents change. those are things that make wall street feel uneasy. they look toward hillary clinton as sort of the continuity candidate and that's why you are seeing the rally this morning. interestingly enou

. >>> good morning, i'm alison kosik sitting in for christi paul, sleeping in i would imagine. >> good morning. we begin with a surprise settlement, donald trump, he's agreed to $25 million to settle the lawsuits to profit business businesses of trump university. >> the students say the courses promised to teach real estate investing techniques they could use to get rich. but instead, the students accused them of misleading them and high-pressure claims and sales tactics. >> this means that the president-elect will not be testifying at a trial in a couple weeks, instead, he'll be working on his presidential transition. >> our paul van kaman has the detailen. >> reporter: in no way does donald trump or trump university acknowledge any fault or liability in this settlement. >> we feel very confident in our position, but at the end, president-elect trump was prepared, set aside his personal interests and focus on the monumental task that he faces in bringing this country to together. and fighting for the important issues. and all the people that he represents. he wants to spend his time a

so let's head to the new york stock exchange to check in with cnn's alison kosik. hi, alison. >> hi, carol. stocks are slipping but barely making a dent in the rally that wowed everybody. we saw the dow jump 370 points. s&p 500 jumping 2%. now we have been seeing stocks struggle because the polls were getting close, but then the fbi put out its letter that it cleared hillary clinton in this e-mail investigation and, bam, investors voted with their portfolios. it's not that investors love clinton, it's just that the markets hate uncertainty. many people believe donald trump's unpredictability with his policies like trade could bring disruption to the market and ultimately to the economy. clinton is predictable. she represents more of the same and is seen as the continuity candidate. one strategist is putting it this way. the devil that we know, meaning clinton, is still preferable to the devil we can't begin to fathom. something to think about on the election day as we see the stocks in the red, the dow down 30 points. carol, back to you. >> alison kosik reporting li

mattea gold, and execive eder mark preston and senior reporter, nia-malika harrison, and alison kosik is standing by. first to you, alison. both candidates making hypothetical proposals on the affordable care act, obama care, but whose proposal looks like a better fit for the overall u.s. economy and for american consumers? >> what strikes me, wolf. en you listen to donald trump saying i'll hold a special session and we're going to repeal and replace obama care. yes. easier sthaend done. think about how the affordable care act was passed in the first place pap highly partisan, highly, you know, highly partisan law that passed. good luck getting it done again. you know, there's a recent report from the rand corporation, a non-partisan corporation, and it's actually trying to put numbers on the impact of each candidate's proposal. specifically how these proposals will impact the federal deficit. look at the deficit, rand says trump's plan would actually increase the deficit by almost $6 billion because it looks to provide a tax deduction and allows insurance carriers to sell across stat

alison kosik is live at a target store in jersey city, new jersey. hi, alison. are you having fun?ays a crowd pleaser? electronics. i'm in the electronics area, and it seems to be the big favorite at the moment. you know what the got to get gift this year is? it is the 4k tv or at this point any tv. just to give you an idea, target says last night it had 600 people, i want to show you the video, outside the door, waiting to get in. this is after they ate their turkey dinner, after the pumpkin pie, they got in the car and came to target. most of the people ran straight to the electronics area to pick up those tvs. and guess how well those tvs did? 3200 tvs were sold every minute in the first hour of opening last night. so yes, we do see black friday bleeding into thursday but there's no denying it black friday is still very, very special if you're a holiday shopper. this year's black friday frenzy kicking off with hundreds jamming the streets outside macy's flagship store in new york city. early bird shoppers taking over entire departments in search of steep discounts. it's that tim

alison kosik said it should be snowing and we should see blizzards this time of year.d tell her that she's wrong. >> it's the timing of it though. nobody wants it on a big travel weekend when you're making plans to go out, especially because travel is going to be impacted. now obviously air travel could be impacted, but really the roads are going to be the big concern with this because you've got blowing snow. so even though not necessarily that much may fall, you can have the snow pile up along the interstates. we're going to see that. we have lake effect launches and warnings out, winter storm warnings, winter weather advisories. we have a plethora of advisories. the system is in place. we're starting to see the snow come down. it's not going to move quickly. it's going to allow the snow to accumulate and pile up. we're looking widespread, 2 to 4 inches. some areas, we're talking 12, 18, 20 inches of snow. again, that's going to have some big impacts. with that said, however, we want to talk about what the impacts are for a blizzard, quote, unquote. so we take a look

alison kosik live at the new york stock exchange. good morning. >> good morning, carol.l, well, well, the stock market freakout over donald trump winning the election never materializing and instead wall street giving a warm welcome to president-elect trump as we watch the dow get closer and closer to record territory. in fact, this morning, we are expected to see the dow open at its highest level ever. what i think you saw happen yesterday was investors putting aside their concerns about a possible trump anti-trade policy and instead focusing on a republican controlled president and congress which may be able to push through promise that many believe could help the economy like infrastructure, spending, tax cuts, and lighter regulations. these are the kind of things that can be beneficial to business and stocks. so what were investors buying yesterday? they bought pharmaceutical companies like pfizer and merck, thinking that trump is going to focus on undoing obamacare, to pay attention to high drug prices. defense stocks like northrop grumman and lockheed martin on exp

all right, alison kosik, thanks so much.you this morning. >>> joining us now consumer spending analyst and cnn chief business correspondent and star of "early start" christine romans is here. we saw that tv flying off the shelves right before our very eyes. are we talking about electronics, again, that are going to be the hot item again this year? >> definitely. like i was saying i was in walmart earlier today. actually a couple hours ago and electronics is one of the biggest sellers that were selling out at walmart, including target, as well. those televisions, you would think with this new millennial generation that people aren't watching tv as much, but its arer quite the contrary. they're buying these gigantic televisions. >> the price is like 100 bucks cheaper than they were even a month ago. >> you're getting gigantic televisions for $250 that are super souped up and also ipads. technology, as well. just apple is having their first black friday sale. it's one of the first times that they ever put their products on sale

cnn business correspondent alison kosik is at the new york stock exchange. >> good morning, christinewe are expected to see the dow drop about 200, maybe even up to 300 points when that opening bell ring in about 40 minutes. but believe it or not that's an improvement from what futures did overnight. as the election came in we saw the dow futures dropping as much as 800 points. so we're not anywhere near that. we're also seeing an improvement in global markets, trading off their lows. so what has got wall street so spooked? first of all the shock of it all. the shock of donald trump becoming the president-elect. what also shocked wall street, or worried wall street is the unpredictability of donald trump. wall street doesn't like surprises. it wants to know what's going to happen. with trump he kind of just threw out the playbook on just about everything where wall street is concerned. one thing to keep in mind, historically the day after elections, we usually do see a sell-off. case in point the day after president obama was elected in 2008 we did see the s&p 500 sell off about 5%. b

let's check in with alison kosik. >> hi, poppy. go from here depends a lot on what investors learn about donald trump's policies. yes, we saw a trump bounce last week. the thinking is that a republican-controlled white house and congress will push through a pro growth, low-tax agenda, but we could see a lot of volatility going forward. devil is always in the details, and there is still so much to determine, including trump's cabinet picks. markets may also be rattled this week when fed chief janet yellen testifies on capitol hill. investors will be looking for clues on interest rates, and many analysts are betting the fed will raise them in december, unless a surge in post election volatility gives yellen and company a reason to hold off. poppy? >> alison, thank you very much. markets opening monday morning. meantime, check out the cnn money stream app. it is here. your favorite business topics all in one feed. every story, video and tweet hand-picked for you. download on now on your iphone or android device. we will be right back.

i'm alison kosik in for christi paul. who is hopefully sleeping in. >> yes, i'm victor blackwell. a busy day for president-elect donald trump. >> donald trump is agreeing to pay $23 million to settle three lawsuits against the new defunct trump university. three students are part of the settlement that say promised real estate techniques they could use to get rich. instead, the students say the program is misleading them. earlier in the year, trump struck a defiance tone. >> i'll win the trump university case. i can settle that case. i could have settled it i just choose not to. in fact, when you ran, why didn't you settle that case? i didn't want to settle that case. >> settlement also means that the president-elect will not have to testify at a trial later this month. here's how one of his lawyers described the deal. >> we feel very confident in our position. but at the end, president-elect donald trump was prepared to set aside his personal trusts and focus on the monumental tank that he faces in bringing this country together, and fighting for the important issues and all the

alison kosik is outside a target store in jersey city, new jersey. what does it look like so far?od morning, john. i am not outside the target, i am inside showing you what's being offered here. check this out a slew of tvs. only 63 left. no, i'm not a salesperson. but here's the thing, last night after everybody ate their turkey and ate their pumpkin pie they came here to target. hundreds of people waiting in line and, you know what they really, really wanted? they wanted the 50 inch 4k tv. that sold out. but a jinorms teddy bear, as well. black friday not just a shopping thing, but also a holiday thing. this year's black friday frenzy kicking off with hundreds jamming the streets outside macy's flagship store in new york city. early bird shoppers taking over entire departments in search of steep discounts. it's that time of year when all-out chaos ensues over jumbo-sized tvs. and shoppers battle it out over who gets the biggest deals. this excited crowd caught clamoring over electronics at a walmart in columbus, mississippi. even though walmart is trying to reduce the brawls by

alison kosik has been at a target store for us today in jersey city, new jersey. there. >> hey, brooke, black friday going strong today but it began thursday, i'm talking 6:00 p.m. on thanksgiving. people were going after these tvs. last night when target opened at 6:00 it said it sold 3,200 tvs per minute in that first hour of opening. it's amazing when you think about how people are willing to get out there, work off their thanksgiving and get holiday shopping out of the way. here's one of my favorites, the old robotic vacuum. you want to vacuum the floor but watch it work for you while you sit on the couch? my personal favorite. here's another. almost an almost life-size version of a storm trooper. i can't live without one of these. did you know pajamas are a thing? family pajamas. target yesterday almost doubled in sales the amount of family pajamas that sold compared to last year. this is my favorite, "mama bear." brooke, back to you. >> all right, i like it, allison, thank you. >>> next, more on the breaking news, donald trump selecting a fox news analyst and

alison kosik is with me. >> good morning. the trump rally ready to roll into a second week. we are seeing the dow open at a fresh record high. that's after a string of big gains boosted by donald trump's win. look at the dow, up more than 5% over that span of time. that's about 1,000 points. also predictions of a big drop of that, never materialized.ll - so you're seeing investors focus now on pro-business, pro-growth policies like tax cuts, and deregulations. so as we get into the trading day we see the s&p 500 about 1% away from a record of its own. investors are dumping gold, they're dumping bonds, they're buying into the market, and because of this market reaction, along with a stronger economic growth we've seen lately, carol, we can expect to see the fed, everybody see the fed raise rates next month. >> all right. i know you'll keep an eye on it for us. thanks so much. i'll be right back. i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the

going to alison kosik. break down the latest jobs numbers. what does it mean for the economy? >> this jobs report, wolf, really shows that the jobs picture is on a steady and stable path forward. i mean, look at the unemployment rate. fell from 5% to 4.9%. 161,000 jobs were created in the month of october, but the real headline out of this jobs report is what you see on the far right. wage growth. that 2.8%. wages actually grew 2.8% over the past year. this is the best wage growth we've seen in years meaning some americans, maybe many americans are seeing fatter paychecks making americans feel better about the economy, especially better maybe as they head to the voting booth on tuesday. now, donald trump did come out way statement after this report came out. of course, looking at it through a political lens, saying that the jobs report was disastrous. i find pretty difficult to call this report disastrous, but there is one point in this statement that i do agree with. he points to, as labor force participation rate that is something he's really been harping on for a while coun

so alison kosik is joining me now. positive news, i suppose, if you are a democrat. >> this was a solid report, brooke, when you look at the jobs report for october, you look at the unemployment rate falling from 5% to 4.9%, 161,000 jobs added to the economy in october. but the headline really for this report, the way i see it, is the acceleration in wage growth. wages grew 2.8% over the past year, so that means for many americans they're seeing bigger paychecks. that's something that can make voters feel good about the economy. meantime, donald trump putting out a statement calling this jobs report disastrous. i'm finding it a little hard to find anything in this report disastrous, brooke. >> what about also the -- what citigroup is saying about how if donald trump were to be elected president that stocks would drop. why are they saying that? >> okay, so citi put out a note to its clients saying that if donald trump wins the election on tuesday that the next day they're predicting a 3% to 5% drop in the s&p 500 so tha

cnn's alison kosik live at a target in jersey city. what do you see?big items to get, of course, toys. and but the biggest gift i think to get this year, definitely tvs. target saying that last night when it opened its doors at 6:00 p.m. it sold 3200 tvs every single minute for the first hour of opening. so it shows you even though black friday oepd a day earlier, the importance of the shopping weekend still not lost upon those holiday shopping goers. this year's black friday frenzy kicking off with hundreds, jamming the streets outside macy's flagship store in new york city. early bird shoppers taking over entire departments in search of steep discounts. it's that time of year when all-out chaos ensues over jumbo-sized tvs. and shoppers battle it out over who gets the biggest deals. this excited crowd caught this excited crowd caught clamoring over electronics at a walmart in columbus, mississippi. even though walmart is trying to reduce the brawls by handing out wristbands to a limited number of customers for hot items and increasing staffing. still,

i'm alison kosik. it is friday, november 11th. it is 4:00 a.m. in the east.ewers in the united states and around the world. protests in portland, oregon. demonstrators threw projectiles at officers. rioting is a class c felony. protests are taking place in more than a dozen cities from philadelphia to phoenix. we are getting our first look this morning at donald trump's reaction to the protests. it comes in the form of what else but a tweet. in his tweet, he is blaming protests on full-time agitators. he tweeted just had a very open and successful election. now professional protesters insigin incited by the media. >> one protest in oakland became pretty heated. police dealing with a crowd that was upset. cnn's dan simon was in the middle of it. >> reporter: the temperature has risen on the streets of oakland. the crowd has been unruly. a period of time the highway was blocked. it was a different situation earlier where we saw a peaceful protest. a group of citizens wanted to express disgust over the election of donald trump and trying to move forward. that an

cnn business correspondent alison kosik is live with more. what do you predict this morning? >> when markets open in a couple hours, buckle up. we are seeing dow futures down as much as 370 points. believe it or not, that is an improvement. overnight as those returns came in, we saw the dow down almost 800 points. but at this moment, as i said, down about 370 points. the nasdaq and the s&p 500 down about 2 to 2.6%. globally, as you said, yes, global markets are feeling the impact of this win for donald trump. we are even seeing the mexican peso which became a barometer during trump's candidacy. big concern about trump's trade policies and his protectionist sentiment during his campaign. so, what's got wall street all spooked? well, first of all, this came as a big shock. investors as a whole didn't expect it. secondly, investors don't like unpredictability. and that's what donald trump represents. so, you've got, you've got the uncertainty in the mix. it's not something wall street really welcomes. one thing to keep in mind the day after a presidential election, the markets u

i'm alison kosik in today for christi paul. >> i'm victor blackwell. this is "cnn newsroom." it is a busy weekend for president-elect donald trump. he is spending today hoping to fill crucial cabinet positions in his administration, but this morning it appears that trump's first concern was attacking the cast of the broadway musical "hamilton" on twitter. last night they had a message for vice president-elect mike pence who was in the audience. we'll talk about that in a moment. >> today trump is set to meet with a full roster of prospective cab knelt appointees. those include mitt romney, who earlier this year called trump a phony. >> the president-elect is also taking to twitter to defend his decision to settle three lawsuits against trump university for $25 million. i'm going to start with cnn's jessica schneider who is standing by in bridgewater, new jersey, near where president-elect trump is holding the transition meetings today. jessica, good morning to you. >> reporter: good morning, victor. you know that meeting between mitt romney and president-elect donald trump a

cnn business correspondent alison kosik live at the new york stock exchange. >> good morning, carol.o wall street keping a close eye on capitol hill as federal reserve chief janet yellen is going to be testifying before congress in about half an hour from now. she makes her strongest case yet to raise interest rates next month saying an increase could come relatively soon. in fact she says there are dangers in waiting too long to hike rates. now wall street wouldn't be so surprised if it happened. many actually are putting the chances at 90%. that's up from 80% just a few days ago. you could also see the likelihood of a rate hike happening and how the dollar has been trading lately. it's at its highest level in 13 years on hopes that the fed will begin raising rates quicker after president-elect trump takes over. now the election has also opened up uncertainty about policy. you can bet lawmakers will be trying to glean information from yellen on how his fiscal policies could affect the economic outlook. if you're keeping track i say market calendars, december 13th and 14th. that is w

. >> cnn money correspondent alison kosik joins us. what do you see in the numbers? >> i'm thinking i will be hard pressed to characterize this jobs report as disastrous. let me go deeper behind the numbers and reiterate what you just said, that 161,000 jobs added to the economy, that's actually a little bit of a miss but not a big deal because when you look at the real headline from this jobs report, it's all the way far to the right, that wage growth, 2.8%. wages grew 2.8% over the past year. that means your paychecks are getting bigger. this is the best growth we have seen for wages in several years and it's something that's going to make american voters feel good about the economy. obviously they want to see wages grow more. i would love to see that number at 3.5% but at this point, the trend is moving higher. where did employers hire? well, they hired in the health services positions, 31,000. business professional areas like computer systems design and advertising. unfortunately, we are continuing to see this down trend in manufacturing. really growth in manufac

here in the united states early stock losses have all been evaporated so let's go to alison kosik, he was on the floor of the exchange since the crack of down this morning. the rallying which is obviously good news, why the turnaround, do you think? >> yeah, you know, it's interesting. 236 points is the upside for the dow. definitely not what i expected to see today when my eyes fell out of my head during those returns coming in when we saw futures for the dow fouli infal points. i think what's happening here is that now that a trump presidency has had time to sink in investors are weighing what a republican congress and president mean for a low tax pro growth and low regulatory landscape, one that can be beneficial to stocks and business. one analyst is putting it this way -- if the brexit was a 10 on the earthquake scale, this is a five or a six. still, though, i wouldn't get complacent because we could see massive swings between now and inauguration day depending on what investors learn about where president-elect trump stands on policies. and we've seen a big swing lower with the

i'm alison kosik in today for christi paul. >> i'm victor blackwell. this is "cnn newsroom."ump. he is spending today hoping to fill crucial cabinet positions in his administration, but this morning it appears that trump's first concern was attacking the cast of the broadway musical "hamilton" on twitter. last night they had a message for vice president-elect mike pence who was in the audience. we'll talk about that in a moment. >> today trump is set to meet with a full roster of prospective