i'm ashley webster. let's begin the countdown. what happened from dow 20,000 to the biggest loss since the electi. the stocks are doing a complete 180 as an uncertainty over trump policy. it wakes up the bears on wall street. they're looking at the biggest drop so far this year. year. wayne on the tao some of the names you know very well. looking at the s&p all 11 sectors are lower right now with energy. they have energy leading the losses. 6.6 percent. it's down three and half percent. also by the way running out of energy today tech stocks. the immigration order sending a slew of well-known tech giants tumbling today. all about visas for our tech workers. as you can see again. all in the red. alphabet/google down more than two and half percent. the white house press secretary wrapping up the news conference a short while ago. they basically double down on adamantly defending the president's executive order on immigration. saint it is first and foremost about keeping america safe and is not as a muslim band. this is a turn the at

fox's ashley webster takes a look. >>reporter: the cost of raising a child adds up. recent study by the governmene estimates that the cost of raising a child from birth through age 17 is about the same as buying a fer area i, right around $233,000.000. the department of agriculturento says that's the average for a middle income couple with two children. the survey found that the average cost of raising a newborn through the first yearr of life was over $12,000, but a different survey by bank rate shows most americans guessed almost that. a little bit removed from that cost of care giving for a ebb what.what young millenials 18 to 25 month hey not have started a family yet and you generations seniors, even though they not have raised a child ind the past it's been a long time.. you ask people what are the costs to race a child they'reld going to take into account thatn people are going to buy stuff tf their kids that they don't need to stay alive, things like toys. who is right about the ultimatee cost of raising a baby. >> americans are taking a broader cost and the

ashley webster in the newsroom. ashley. >> they are flying in. 3.3, that is a nice beat of the 3.21 estimate adam was talking about. revenue, $78.4 billion, beating the estimate of 77.25. very quickly glancing at the numbers, number of iphone units shipped, 78.3 million. that is the better than estimate expected around 77.4 million. sales of the iphoneplus certainly boosting revenue in recent quarter, which included all important holiday season. melissa: thank you for that. lance, that is the number you want to hear. what is your reaction? >> not really surprised. excellent phone. people wanted it. they were excited about it. they were excited about bigger phone which may have helped revenue. definitely harder to keep in demand. i think there is significant pent-up demand for people who decided to wait for the iphone 8, because they expect a really big change in the fall or summer. this may be a very good year for apple. david: well, gary, the big question i think what the new phone is, and whether they continue to

we've got ashley webster now in for trish regan. sir? ashley: i'm going to swear myself in for the 2 p.m. slot here, neil. neil: excellent. ashley: thank you very much. breaking news, as you just heard, speaker of the house paul ryan will be addressing the house any minute now after officially being reelected just moments ago as house speaker. of course, we'll bring that to you live as soon as it begins. all clapping right there. i am ashley webster, good afternoon, everybody, in for trish regan and "the intelligence report" on this tuesday. the 115th congress, republicans now control both the house and senate and, yes, we'll have a republican president, donald trump, just 17 days from now. mr. trump and the new congress vow i to get a lot of work done right away including repealing and replacing obamacare. all of this as ford motor cancels plans to build a new plant in mexico, calling it a, quote, vote of confidence, unquote, in the pro-business environment the president-elect is creating. we'll have more on that in just a moment. but fi

they know you may have some gift cards that you want to use, as fox's ashley webster reports, if you are looking for saving, you may not need to wait that much longer. >> christmas may be over, but shop remembers still flocking to cash in on the post holiday deals. >> there are some not so obvious items that are better to buy during after christmas sales, which are going on right now, through early january, at most major department stores, big box retailers, and even some e-commerce sites. >> last minute spending sprees push us retail sales up 4%. helping to offset a somewhat slow start to the holiday shopping season. amazon reported its best holiday season ever, the company shipped 1 billion items this season with amazon prime, two day free shipping season, this as consumer confidence is hitting it highest levels in more than 15 years. >> when people bring back that unwanted gift or the like, they actually then go add onto the sale. and that's why this period post christmas is so critical to the retail year. >> most retailers have extended debt lights for things to be returned, pay

. >> fox's ashley webster helps break down all the numbers. >> reporter: from diapers to doctors teethts the cost of raising a child adds up. recent study by the government estimate that is the cost of raising a child from birth through age 17 about the same as buying a ferrari right around $233,000. the department of agriculture says that's the average for a middle income couple with two children. the survey found that the average cost of raise agnew born through the first year of life was over $12,000. but different survey by lang bank rate shows most americans guess almost double that. >> groups that are removed from that current cost of, you know, care giving for a baby young millennials one at this time eight to 25 who may not have started a family yet and you have generation senior 71 and above they have may have raised a child in the past it's been a long time. >> reporter: usda numbers includincludes items which arent necessarily crucial to survival. >> you ask people what is the cost to raise child they'll be taking into account the fact that people are going to be buying stuf

here to take you through the next hour, ashley webster and trish regan. ashley: appreciate that. reserve to release meetings from the december meeting. i'm ashley webster in for trish regan. wall street watching closely, looking for ways of any inside of what the central bank thinks about the health of the u.s. economy heading into the new year. what do they make of all of that? they raised interest for the second time in a decade. let's go to peter barnes. peter: donald trump's election was to raise rates in december and to raise two to three. quote, almost all of the participants indicate that had the upside risks to economic growth had increased as a result of prospects for more expansionary fiscal policies in coming years. about half of the participants incorporated an assumption of more expansion in fiscal policy in their forecast. in fact, quote, many participants judge that had the risk of a sizable undershooting

how dare you have call ashley webster a sidekick. outrageous.re we said enough is enough. 2k is a psychological point. we are from the new year, we'll hit it whether we like it or not. but i think the point is well taken. stuart: to ignore 20k, ignore the sense of enthusiasm and excitement there was at the ends of last year. liz: finally we are back to earnings fundamentals. the president-elect is getting a flaming across us of problems dumped into his lap. stuart: we are going to go up today. we are up gap. michael, your point is well taken. we thank you very much for writing in. but we never want to lose that excitement when the market is going up. we'll be back. . . stuart: politics and money, that's what we do and the two are linked today, politics and money, in fact are inseparable. it is probably going to stay that way. take a look at the market. the trump rally is roaring again. investor came back today and hit the buy button big time. stocks are close to record levels. come back a little bit. we're still up at 19,800. the big board shows

we've got ashley webster now in for trish regan. sir? swear myself in for the 2 p.m. slot here, neil. neil: excellent. ashley: thank you very much. breaking news, as you just heard, speaker of the house paul ryan will be addressing the house any minute now after officially being reelected just moments ago as house speaker. of course, we'll bring that to you live as soon as it begins. all clapping right there. i am ashley webster, good afternoon, everybody, in for trish regan and "the intelligence report" on this tuesday. the 115th congress, republicans now control both the house and senate and, yes, we'll have a republican president, donald trump, just 17 days from now. mr. trump and the new congress

i am ashley webster in for trish reagan and welcome to "the intelligence report". republicans have started dismantling obamacare and bow it will happen this year. paul ryan assuring americans it will be a smooth transition and not to listen to the scare tactics from the left. >> trying to make americans think someday this february or someday this march you will wake up and not have health insurance plan. that is not happening. that is not true. what we are doing is being methodical, deliberative and doing this the right way. ashley: how will it play out? that is the question. let's go to blake berman. >> so many questions surrounding obamacare, phase in, phaseout, the timeline of all that. as far as the phaseouts go that is the repeal, when will parts of it end. the phase-in, and the republican plan coming in, house speaker paul ryan would not commit to any such timeline whatsoever. he did say the legislation that would allow for all that to happen would be a 2017 item. >> the question is how long will it take markets to put in place and adjust. that question we do

at 5:00 a.m., follow by varney and company, i'll be on that show with ashley webster, and.over from all of the inauguration action from 11 a.m. to 5:00 p.m., then lou dobbs from 5 a.m. to 8 p.m. followed by trish regan with the intelligence report. and tune in for that. just hours now, until president-elect trump is sworn in. a time that the nation comes together to celebrate what binds to us each other, a time to transcended politics and celebrate democracy, you are looking at live shots of the celebration under way at lincoln memorial, the ban 3 doors -- band 3 doors down is performing, protesting continue to mount, nearly 70 democrat lawmakers refusing to attend the inauguration. a boycott other democrats including california representative adam schiff, he is criticizing it as wrong time and place. wrong battleground. still no softening of the angry politics. that ripped country apart in this elect, and -- has kept dcin gridlock, did they forget worlds of ronald reagan. here is the quote, in eyes of many in the world this every 4 year ceremony we accept as normal is noth

go to the new york stock exchange where ashley webster is watching the s&p. >> they are indeed, liz. on the s&p. we can do it but yes, a lot of these stocks reaching all-time highs as you mentioned. comcast corporation, all-time high today. we will give you some numbers on what some stocks have done since donald trump's election. by the way, comcast up 14%. charter communications up today, hitting an all-time high, that stock is up 14%. progressive corporation, property and casualty insurer, also up some 14% since november the 9th. you mentioned straps -- transportation, liz, up alaska air getting a nice upgrade from b-of-a merrill lynch. southwest saying their average cost per seat went up last month because of last minute people buying their seats. airlines and transports in general doing well today. liz: i would like to see that. >> yeah. liz: you know why? airlines traditionally have been a horrible investment until past couple years. thank you, ashley, thank you very much. >> sure. liz: closing bell, we're 37 minutes away. you guys know if you have been with me all this time, i

ashley webster is on the floor of the new york stock exchange and, ashley, who are the big winners today? >> well, i'm glad you watched that, melissa. let's take a look at the big dow winners this week. it's been an interesting week where the market has essentially moved sideways. let's show you the three winners. the big pharmaceutical company up 3.5% on the week. just up slightly today despite what donald trump said about drug companies getting away with murder with regard to prices. an exdown today but up 1.7% for the week and caterpillar also up today and up 1.5% for the week. seen as a big gain as donald trump see whether he makes good on his infrastructure spending. we also want to talk about the banks. got the he didn't season underway with the big banks and jp morgan up indeed. profits up. beating estimate. bank of america. profit jumping 47% year over year. wells fargo, though, missing both on profit and revenue. however, all three banks today moving higher. investors apparently reassure that the economy is good. and if the banks do well, then the economy as a whole will do well

i'm ashley webster in for trish regan. wall street watching closely, looking for ways of any inside of what the central bank thinks about the health of the u.s. economy heading into the new year. what do they make of all of that? they raised interest for the second time in a decade. let's go to peter barnes. peter: donald trump's election was to raise rates in december and to raise two to three. quote, almost all of the participants indicate that had the upside risks to economic growth had increased as a result of prospects for more expansionary fiscal policies in coming years. about half of the participants incorporated an assumption of more expansion in fiscal policy in their forecast. in fact, quote, many participants judge that had the risk of a sizable undershooting of the longer-run normal unemployment rate had increased somewhat and that the fed might need to red the federal fund's rate more quickly than currently anticipated to limit the degree of undershooting and stem a potential build-up of inflationary pressure

i want to bring our own ashley webster, senior fellow dan mitchell and ashley, certainly those meetings with auto executives says to blake's point, the first real industry he seems to be focusing on but can the auto industry deliver jobs, where we might see a projected slowdown in vehicle sales. >> that's a very good point, cheryl. do you punish these companies that produce specially small cars in mÉxico because it's the cheaper way to go or do you have to hike your prices and then become, you know, less competitive with the other automakers around the world. it's a difficult one. if the automakers and retailers, i believe, would get products brought in overseas, the wal-marts and targets would be hurt so badly by the border adjustment tax or tariff, whatever you want to call it. cheryl: dan, that's a fair point. the economics of a border tax, the economics of a tariffs that donald trump, the president is talking about now in particular with automakers, we have a small -- we have manufacturing in the united states but a lot of that manufacturing is still in mÉxico and keeps prices cheap

ashley webster is on the floor of the new york stock exchange and, ashley, you have some breaking news on dreamworks right now. >> we do, melissa. veteran warner brothers executive is now going to become the new ceo at dreamworks animation. has been president of animation and technical innovation of warners. he of course will replace jeffrey, the long time head of the dreamworks animation studio. moving to a new media post with comcast, nbc universal, of course taking over $3.8 billion purchase of warner brothers. so there you go. changes the top. katzenberg out. interesting story about chipotle mexican grill. this is a stock that has been languishing after several attained foodout breaks last year and 2015. but finally, maybe a light at the end of the tunnel for chipotle. they say that sales rose 15% last month. that compares to a 30% decline in the year before. the burrito chain trying to recover and with that news. and, by the way, the wall street journal are reporting walmart set to cut hundreds of jobs before the end of this month. the journal says that mostly will be coming those

our own ashley webster joins me right now with more. and that's the good news. i mean, these car companies seem to be waking up and saying. okay. we're going to respond to this pressure but not everyone -- >> not everyone. toyota pushing back today. in fact, last thursday i believe donald trump had gone after toyota. and toyota without bending to the pressure just said, well, wait a minute. no. this is what we do. i've got to say, i think it's great that creating jobs and canceling plants in mexico and going to michigan, which is wonderful. i don't like the idea of a border tax on u.s. automakers. trish: well, you're not necessarily going to see that. that's the threat; right? that's the promise. he's saying, look, guys if you don't start to build these things here and try to send the vehicles in the united states, i'm going to slap you with a 35% tariff. >> which is terrible because we pay for it. what i would love for him to do. i understand. trish: he hasn't done it yet. >> no. but just the approach where why don't we reform the tax system in this country? es

ashley webster, you're in the newsroom. give us numbers. >> i am indeed. numbers coming out painfully slow, david but i can geoff you the headline numbers. earnings per share 15 cents, a two cent beat on revenue. 2.48 billion which is slight beat. this stock popping nicely after hours -- netflix. we'll dive into the numbers. all important number for netflix is subscriber growth. that is obviously what everyone wants to know. as we get more details we'll get right back to you. david: as you were talking up another 1%. it is up eight percent after-hours. netflix doing well. ashley, thanks. melissa. melissa: kevin, what do you think of that? >> that is a great number. they're starting -- you can't focus on profitability because they're continually reinvesting across the board. going from 600 hours of original programing to 1000. people were worried about grand fathering it and people rolling off the plans. this shows there is staying power in the business model. melissa: jonathan, all about the original content. we're talking about adding subscribers. the rea

ashley webster is here. he is going to take you through it. a busy day. how busy it is.wall street taking it on the chin is the trumpet rally reverses the cost it's down a hundred 58 points. it's the is the biggest loss since election day. energy and materials driving the materials. the weekend action through temporarily banning travel. also accelerated the markets to a low of 233 points. it should be good for business. still beginning week.

ashley webster in the newsroom with numbers. >> david, earnings per share, estimate 20 one cents. adjustment coming in at 25. so a nice pete on revenue. the revenue at 1.47 billion, beating revenue estimate of 1.8 billion. those are headline numbers. what is more important, what about the verizon deals? we know verizon agreed to pay $4.8 billion for yahoo!'s core internet business. we're told according to this latest report, that it is still ongoing, expected to close as yahoo!, in the second quarter of this year. so they're saying that the delay has been because they're trying to meet closing conditions but they are working expeditiously to close the verizon deal as soon as is practical in the second quarter. the question is, are they still going to sell it for 4.8 billion, based on the fact that we now know the hacking at yahoo!, two separate massive attacks, a billion people had their accounts hacked in 2013. half a billion people in 2014. the yahoo! itself under investigation by the sec, and other agencies on whether they were acted accordingly or acted appropriately in notify

i am ashley webster in for trish reagan and welcome to "the intelligence report".obamacare and bow it will happen this year. paul ryan assuring americans it will be a smooth transition and not to listen to the scare tactics from the left. >>

market, call it the trump rally from ashley webster, hear it from foreigners, not saying that ashley is foreigner, by the way. that america is leading this charge? that we're going to be the global? >> we clearly are in a leadership position right now. no doubt about it. europe is on its heels. i think that is what you see. look at who it announces. they uncover a little thing is not off the table yet. the trade war is not off the table. does it amaze you that goldman sachs is a single best performer here. >> now he's making up for it. >> he attacked hillary on this very point. now looking at that. because of the extensive stock. now it helps. it also helps to think they're getting rid of the certain things. >> that is irony here. i love that. i want to thank you all again. close but as of yet no cigar. it have gotten within a third of a point. still two hours to go. >> it is official a donald trump will be the next president of the united states. he will be leading the free world. and for wall street it will be a pricier world. >> breaking right now we had been following this multip

time, and again, we're going to delve deeper into the names all in a few minutes and bring in ashley webster john lonski and scott shellady. the latest read on economist growth. john, you're an economist, 1.9%. >> little expectations and growth of 2.2% of the year and growth 1.6%. i believe during the obama presidency, real gdp, 1 1/2%. worst of any president going back to the great depression. liz: the last time we've seen 3% growth, 2005. last time 4% full year growth, 2000, so, you know, we're not in-- this is not the new normal. it's the new abnormal. >> it's a long time between drinks you might say. charles: can we extrapolate that? we had a board up, a full screen and it looks like, some would argue our economy peaked under bill clinton. we didn't do so hot under george bush either. can someone say there's something fundamentally wrong with our system? can it deliver anymore, jeff? >> i think that's the big question and the big question is going to be whether the trump tax cuts a goingo lead to growth and also the infrastructure spending, that's got a lot of optimism behind it as far a

covering it for us, ashley webster, liz macdonald, scott shellady and jeff sica.t, are you encouraged by the bank numbers? >> yeah, maybe beaten up so much maybe we're seeing the sentiment. we need to see the economy come in and fill in behind. i think that the banks are now going to start to get the shackles taken off and with the spending plans and see more business. and ultimately a healthy thing for them. that's very encouraging and we see those things show green, green grass, that's good for the economy. stuart: you would agree with that? >> i think that the banks would benefit from the rising interest rates because they've had compressed margins. but one thing banks are considered. some banks are up 20, 30% ahead of the election, i think they're ahead of themselves. stuart: that's an extraordinary run. do the banks tell us that the economy in the future is looking a bit stronger? >> it tells us that there's optimism as there should be optimism, but the market has gotten ahead of itself. what investors have to realize, especially investors in bank stocks, the

ashley webster, liz macdonald. john, and john layfield.e growth to the company, what say you? >> sure it is. that's one of the reasons, i don't think that minimum wage is so important as jobs are important. look at west texas, you can't hire anybody for $15 an hour because the jobs are scarce because of the oil field. and same thing in north dakota, bakken oil fields. and we're having wage pressure, a good thing for workers. stuart: 100,000 new jobs, full-time jobs. >> look, amazon is changing retail. they're reaping the benefits and they're going to hire people to do that. it's great news. stuart: is it possible, liz, amazon co-founder jeff bezos owns "the washington post," "the washington post" hates donald trump and maybe the jobs is a way to placate that. liz: or if he wants to put it that way. the job growth. stuart: drug stocks, boy, did they take a hit yesterday after mr. trump said that drug companies are getting away with murder. now, they were way down yesterday, e-mack. tell us where they are today. liz: trump almost ruined his

i have my buddy ashley webster, theresa may, the meeting is still on. she has not canceled or not disinvited. >> no war between the u.s. neil: no war, right. much has been said, i was catching a little bit on "varney"'s show, will this be like a reagan, maggie thatcher relationship? it doesn't quite fall into sync that way. >> different players, but i think people from both parties would like that to be case. theresa may was just asked about donald trump. she said i like to think opposites attract. she is the first world leader to come in and meet face-to-face with donald trump. a huge coup for theresa may. she has to deal with an unorthodox and unpredictable president who announced about an hour ago, hey we'll have a news conference. that would be news to theresa may. neil: she originally opposed the whole "brexit" thing? >> she did. there was hard "brexit," soft "brexit," all of that. she would have rather stayed in the eu. but quite happy -- neil: now they're saying out, out. >> out, out. neil: she is a populist now. >> she is populist, go figure. ma

a shall-- ashley webster is here and dr barton joining us.aying it's a huge shift in what we buy and how we buy it. what do you say, mr. barton? >> i agree, this is something going on quite some time now, many, many years. here is the interesting thing, macy's announced recently in chicago big stores they're closing to the surprise of local citizens here. the approach that they're taking is interesting. they're talking about the real estate being the valuable component and selling those off or leasing these out? these are grave yards because these stores are not going to be able to repurposed into hotels, condos. what do they do with the stores when they can't even sell the real estate? >> dr, is there a department store stock that you would buy at this moment? look at this, 17% down for kohl's. >> not unless you call amazon a department store, stuart. we're in trouble across the board there. we talked about this shift. scott just mentioned. it's been an ongoing shift. the prediction, a few years from now, not too many removed, everybody is g

it's friday morning and we welcome ashley webster, liz macdonald, scott shellady, jeff sica and peteryou characterize this report, peter? >> it was a lousy report. if you take it apart, an awful lot of jobs, a huge number, was in health care, which is really part of the government sector. if you look at real private sector jobs creations we're hovering around 100,000, maybe a little less. that's a terrible, terrible record. it's a great capstone to the obama years, hopefully trump will do a lot better. stuart: i'm glad you're a tenured professor, if you're not, you're out of a job. scott shellady, what do you think of this jobs report? >> like i've said before, it's another big bowl of cold oatmeal and it ends up-- . [laughter] barack obama's tenure is going to end up like this, 2016, he created 2.2 million jobs. well, it doesn't mean much. but in 2015 he created 2.7 million jobs so we're on a down trend now. that's something to keep in mind. number two, i've been doing this job a long time and i remember 3, 4, 500,000 and now expectations of 175,000 and we can't hit them. so what's g

ashley webster is here and liz macdonald. not to mention mike murphy.hy is the market down jack howe? >> at barron's we had a conference and asking them what would happen with the stock market. everyone thought the earnings growth would look good and a return, maybe even double digit earnings groewth. no one-- it's a little high, the market prices flattish while earnings grow. stuart: no stopping netflix, $135 per share, maybe it's because i just opened a netflix account. >> people have been talking on. stuart: you know what i've been bingeing? >> the crown. stuart: i can't have enough of it. i'm 10 episodes through already. liz: ten? >> now this, the trump effect, i guess you could say. german drug maker bayer, could investigate billions in america only if the monsanto deal, which is a huge deal, goes through. bayer is down a bit this morning. now, here is the real trump effect. general motors and hyundai investing billions in the u.s. and wal-mart adding thousands of jobs. ashley: so much stuff, gomes planning to invest a billion dollars in u.s. facto

ashley webster, liz mcdonald, james freeman, shah gilani and dan, i said the market wants to go up, whoshah gilani? >> no, i think you can go to 21,000. we have to get over 20,000. that's only another 5% from here. the market wants to go up, the path of least resistance is up. sentiment is high, there's a clearing for itting to-- there's a clearing for it to go higher. stuart: you're a raging bull. >> we could see pushback from the democrats and if some of the nominees that president-elect has put forward get a lot of pushback, i think the market might have a hard time digesting that. stuart: okay. i've got breaking news for you about general motors. this is interesting. year over year gm sales are up 10%. the stock is up 2%. it's been rallying recently. for a long, long time, it was 30, 31, 32 a share. liz: 32. stuart: now 35 close to 36. sales up. the dow industrials up two and a half minutes of business, 19, 924, a gain of 42 points. that's where we are. now, i was starting out by saying this market just wants to go up. who is goi to disagree with me. shah gilani agrees with me. jame

judge andrew napolitano, spokesman rick grinell, ashley webster and liz macdonald.e'll quote him on a couple tweets. russia said the unverified report by political opponents is a complete and total fabrication, utter nonsense, very unfair. this is how the hate trump band wagon rolls. a retired u.k. intelligence guy, paid by anti-trump people puts out a salacious and disgusting report about donald trump. unverified and unsubstantiated, but it finds its way into an intel briefing that goes to the president and the president-elect. and it is picked up by the media in the middle of confirmation hearings and right before the press conference. the judge is with me. liz is with me, and all around the table. judge, first of all, sounds to me like almost a conspiracy to slime the incoming president. >> it does sound that way and how this made its way into an intelligence report and how it was leaked is-- could the intelligence leaders, clapper, rogers, comey, have taken this seriously enough to have presented it to president-elect trump last week and to president obama as we

and ashley webster, liz macdonald, jeff sica and peter morici.e're starting down lower, 70 points down. i want to know how much is a result of the president's executive orders over the weekend? start with peter, is this an impact? >> i was interviewed on this over the week, i say no. we will have fluctuations, but this executive order is a nonfactor in the mark, especially given its duration. stuart: now to the factor which may have well have a bigger impact, that's this talk, anonymous talk on the internet, about a delay until the year 2018 for the tax cutting package. please, this is just talk from anonymous sources. jeff sica, you're the guy that brought it to our attention this morning and you're saying that's a factor in the market decline? >> yes, investors have to be aware, this is a fragile topic, even rumors on the internet will set investors off because keep in mind small businesses off the radar for the last eight years are desperately relying on tax cuts and if they do happen to move them to 2008, which the rumor is, there are congres

i'll tell you, elizabeth mcdonald, michael murphy, steve cortez and ashley webster.t to discuss the delay in the tax cuts. i say it's a factor in the decline. what say you, michael murphy? >> absolutely. of course it is. i don't know if we're going to see that as of yet, but the market is pricing in perfection for trump and his new plans, cutting back regular laces and taxes. if there's a hiccup that's not going to happen, but i think there's nervousness because we've had a big rally. stuart: there's talk that we won't get the tax cuts for a while. put it like that. steve cortez, i think it's a negative for the market, what say you? >> i concur, no doubt about it. i don't think that's going to happen, but i guess, i would caution people to keep the decline yesterday and the decline early today in context. if you remember back in the '80s, the virginia slims commercials, we've come a long way, baby. even now with the givebacks on the last two days, versus the night of the election, s&p futures, we're 12% higher, a long way to go in weeks. the up trend is intact and we

ashley. >> berkeley police are confirming carbon monoxide poisoning doesn't appear to be the cause of the deaths. >> this is near webster close to the whole foods. that's where we find katie live with the developing story. katie? >> within the last few minutes, i spoke with the coroner and they are still working to determine the cause of death and notify the next of kin. only adding to the mystery out here and police say there are no obvious signs of traum a. >> people who live in this complex waited for answers following several mysterious deaths. >> they evacuated the building and we were not supposed to go back in. >> we received a call from a person who said they discovered one of the persons inside deceased. >> in the unit investigators discovered a second body and two dead cats shortly after 1:00 this afternoon. >> as the cause of death was not apparent, the building was evacuated out of abundance of caution. >> they shut down deacon street between prince and webster streets. hazmat and pg&e gave the all clear. >> it's is to go back in. it's not a gas leak. >> a man and woman in their 30s live in the unit, but she

ashley. >> berkeley police are confirming carbon monoxide poisoning doesn't appear to be the cause of the deaths. >> this is near webster close to the whole foods. that's where we find katie live with the developing story. katie? >> within the last few minutes, i spoke with the coroner and they are still working to determine the cause of death and notify the next of kin. only adding to the mystery out here and police say there are no obvious signs of traum a. >> people who live in this complex waited for answers following several mysterious deaths. >> they evacuated the building and we were not supposed to go back in. >> we received a call from a person who said they discovered one of the persons inside deceased. >> in the unit investigators discovered a second b body and o dead cats shortly after 1:00 this afternoon. >> as the cause of death was not apparent, the building was evacuated out of abundance of caution. >> they shut down deacon street between prince and webster streets. hazmat and pg&e gave the all clear. >> it's is to go back in. it's not a gas leak. >> a man and woman in their 30s live in the unit, but she