seema? >> hi, kelly.-elect's rhetoric with china could be a negative, but his potential plan to tear up tpp could be a big positive for china as experts say it would i understaundermine the a allowing china to step in to fill the void. this was brought up by xi jingping. there have been reports of china working on its own trade deal to counter trump's proposal. three countries most likely to strengthen their relationship with china including japan, south korea, which both are dealing with their own economic did stress at home, and phillip keens who continues to praise china, a move that could have geopolitical repercussions in the south china sea. >>> the trump victory has helped the dollar rally. another win for china and its exporters. >>> for more on trade relations with china and whether donald trump will keep his promises on trade, we are joined by a former deputy trade assistance for north america. it's great to have you with us, sir. how do you anticipate this all playing out? >> i don't think dona

and as seema mentioned, even if they run the table in the even steven contests in north carolina and florida, they still have to pick off wisconsin or minnesota. i do think when we're in the final stretches of a campaign, when you're starting to talk about all these different states, now we're going to fly over to nevada, it really does mean there isn't a path. they're trying to throw several -- throw everything in the wall, several hail mary passes to shake up a race. it is possible donald trump has had a puncher's chance in this race. when you have three days to go, and you're trying to talk about minnesota or a michigan or a pennsylvania, it shows you that you are behind, and i think all the polling shows that. >> do you think it also shows that maybe the ground game, that ought to have been in place for the trump campaign early on -- certainly has been built. but maybe cannot even match what hillary clinton has gotten. >> i've gone into this race thinking that donald trump, to be able to win, has to have the lead in the public polling or at least tied to be able to have a chance,

we'll keep an eye on those names. >> thank you seema.hat is interesting about home depot is its not just a retailer but also occupies a space so it's a home builder play and they rallied this week. >> people are hoping on a stronger u. s. economy. it's interesting home depot has been out performing lowe's in a couple of key areas. appliance sales is hurting lowe's. it's trading at a cheap valuation. about 10% cheaper depending on which me trick you're looking at which makes it attractive. there's suggestions that this space was seeing stronger points earlier in the year due to the weather and some of the more recent results might be punishing. if you're going to make a bullish bet also option markets moves, larger than they are historically. you can use the call spread risk reversal and home depot. the 120, 135, sell the 120 for $1.10 and buy them for $3 and sell the 135s. you'll spend 75 cents. the nice thing i like about this trade is we talked about the rally off the recent lows. that's where you would put the stock if it does pull ba

>> i don't think so, seema.ec pulled back the last time they tried it because they don't have the heft they had. there's a lot of alternative sources out in the world today that weren't available 20 years ago, so you may be correct and they may be able to enforce a higher price, but i'm not sure they will be. >> what other ways can airlines improve pricing power, though, if fuel charges do rise? >> well, you price about 90 days out. you rarely sell tickets more than 90 days out, so you have the chance to recover a growing oil price by starting raising prices on tigckets. that's been the conventional wisdom to protect yourself. so the hedges aren't a really good way to protect yourself. it's that everybody needs to raise prices when oil goes up. >> gordon, i mean it's been an interesting year for the airlines. of course after last year. do you -- when you look at the group from your perspective think that it's worth buying? >> well, i've never seen it this good, david. i mean this is as good a management teams th

i'm wilfred frost alongside with seema moody.ast week a strong rally around 5% for the week as a whole. so we are higher. there was risk on the confirmation of donald trump's election victory, but there was differentiation within it. for example, financials are up some 11%. goldman sachs leading the charge up 16%. but utilities suffering and they were down around about 4%. we're higher again today by about .4% to .5%. we'll look at european trade right now, last week the main gainers were the exporters, the likes of the german exporters, the dax was up 4%. the french index was up 2.5%. the ftse only up .5%. we are continuing in positive fashion with france up just over 1%. asian trade the best performer last week was the nikkei and it is again this morning. excuse me, because we have had japanese correlation between the nikkei and the yen up 1.7% this morning. >>> another week for commodities with copper gaping 10%. gold was lower. oil interestingly enough settling at the lowest level since september 19, 2016. and here on monday,

melissa, we'll keep an eye on those names. >> thank you, seema. what's interesting, mike, about home depot, it also occupies a space in the xhb. it's a home builder play, as well. and both of those sectors really rallied this week. >> they obviously had a big bump, as many things did, as people are hoping on a stronger u.s. economy. it's interesting, home depot has been outperforming lowe's in a couple of key areas. appliance sales is one of the thing that's been hurting lowe's. the other thing, it's trading at a cheap valuation compared to how it has historically. about 10% cheaper, depending on which metric you're looking at, which i think makes it kind of attractive. that said, there have been suggestions that this space in general was seeing strong performance earlier in the year due to weather and some of the more recent results might be a little bit more punishing. if you're going to make a bullish bet going into this, also, market moves larger than they typically are historically. so the way i would play this, you can use something called a

let's get to seema mody a little bit earlier than usual. seema? in europe continue their post u.s. election rally. there's new data showing that eurozone consumer confidence reaching its highest level of the year, despite those political risks looming. keep in mind, though, european stocks trading 18% below their all-time high hit back in april 2015. let's focus on today. miners getting a lift from higher copper and oil prices. anglo-american in the green, among the biggest gainers. euro has resumed its trend against the dollar. a weaker currency is good for those exporters, particularly in the luxury sector. swatch and richemont are falling as swiss watch exports accelerating in the month of october as the asian consumer continues to pull back. shipments to hong kong down nearly 22%. it is a troubling sign ahead of the all-important holiday season. but will the recent weakness in the euro help some of these luxury players? that's a question. if we switch folk to us bond, some action there as well. check out the widening spread between the u.s. te

seema is at hq., seema. >> the post election rally is holding in most parts of europe, but we are off session highs as oil prices fall on the recent oversupply concerns, pushing some of the major indexes, in fact, into negative territory, but outside reaction in bond yields as goldman sachs says this morning is the biggest discussion among traders with the yield in germany, the german tenure hitting a nine-month high. is this move overdone and what are the implications for the european central bank and its policy around quantitative easing? that's something investors continue to deliberate. on the topic of u.s.-european relations, foreign ministers continue to meet after last night's dinner did not go as planned. it was supposed to be a post election aftermath deliberation, but france and the uk refused to attend, highlighting a contrasting view on trump's victory and the lack of the unifying tone from the european bloc as it enters untested waters with washington. on the mna front, a deal to acquire

brian, back to you. >> seema, thank you very much.t is a perfect segue to our next segment, canary, meet coal mine. there is something happening that may signal a downturn ahead, larry mcdonald, head of global macro strategy at acg analytics. it is this weird -- it is a little wonky, you're a smart man, keep it to the layman's side, that this move in the vix tells us what? >> we put a note out yesterday to our clients globally, we talked about this elephants leave footprints. so when large asset managers around the world, when they're concerned about a big drop in the market, they will pay up, they will pay up for that front month vix future contract. and what we have seen over the last two or three days, especially today, is the money is piling into that front month, people are paying up and that iing they're paying up heavy, the speed and the acceleration of this is a very, very dark warning sign. we haven't seen anything like this since the brexit. >> what does it mean, though? >> we're going lower very likely over the next two or

coming through with his appointments to the administration. >> speaking of promises, you remember, seemaegard to trump university and a settlement, he said he wouldn't settle and now it seems like -- i don't know, what do you think? aren't there several other lawsuits currently pending? >> i think there are other lawsuits, but it was three lawsuits consolidated into one that was the main focus of trump university. and he said throughout the campaign he wouldn't settle. i think people did expect once he was elected, once he became president-elect, this is not something you want hanging over your head. this certainly for the plaintiffs in the case, this certainly gave them some leverage knowing he wanted to get this done with. and -- he was tweeting this morning that the only thing he regrets about being elected, the fact he had to settle, about how soon he otherwise would have loved to pursue this in court and have his victory. i guess it's over now. >> i'm glad you said that. because speaking of tweeting, before i let you both go, i want your reaction about trump going after the cast of

let's get back to seema modi at hq. seema?> politics certainly a focal point for the european investors. interesting to see stocks trading at record highs, but in europe the major index is down 18% from its all-time high, although we did see two straight weeks of gains, a lot having to do with the currency. the euro, though, interestingly enough, snapped its ten-day losing streak as the dollar parody talk continues. citigroup predicting the euro will tumble in the next six to 12 months on these policy divergence talks between the fed and the u.s. the fed and the ecb, i should say. today's aren't being attributed to german chancellor merkel's announcement she'll run for a fourth term in office amidst of this rising populist view across europe. merkel is seen as the driving force of keeping the euro together, but she is seeing pushback from the right, already won key state elections, the main election in germany is likely to be in september of 2017. now, elsewhere, the elevated political risk in italy ahead of the december 4th r

miss seema verma -- >> hold on. i don't want to move away from price yet. >> this is part of our team that's going to come in and repeal and replace this is. you saw the study that came out this morning, the gallup poll. 80% of americans think we should get rid of or make changes to obamacare. >> right, but you have to forgive some public sentiment on something that's been so misleading. the discussion about what the aca is and is not, what works and what does not, has been so spun through the mitt call cycle that you can't hold people accountable. >> here's what i think we're getting a little off track with this. for folks who are getting these premium increase letters in the mail, for people getting these policy cancellation notices, this isn't something -- >> has to be fixed. >> well, repeal and replace. this isn't some spin. >> repeal and replace is spin. everything that has been put forward by price -- he's put forward five different plans, which is something he's going to have to figure out when he gets in the

with that, seema is back at hq. seema? >> carl, that's right, a rough session for emerging markets, particularly in asia. i just spoke to a portfolio manager in hong kong who says global investors are trying to assess how donald trump's proposed policies around trade will potentially redefine washington's relationship with many of its partners in asia, including india, china, brazil, specifically on china donald trump in the past has suggested a 44% tariff on chinese goods. daiwa capital markets analysts there say that could actually result in a 4% decline in china gdp. so, the global ramifications are really significant, potentially. as you can see here, though, the micex, that's the russian equity index, the standout gaining about 2% overnight. if you look at the rusisian ruble, the only emerging market currency trading higher against the u.s. dollar. just fractionally on the day. that's on the hope or the prospect, potentially, of stronger relations between u.s. and russia. a former state department official, in fact, s

. >> a big move lower seema. thank you.sector one of the best performers today. steve, talk about what is working and not working. >> apparel seems to be working, urban outfitters up 70% going into the print or thereabouts. when you look at the other one that should be up, burlington, it was up 100%. >> burlington had a huge day today. >> so i think if there's any -- if there's a sector that has gotten ahead way too far ahead, i think it is retail/apparel space sub sector there. i think that's where you could take profits from, as we're seeing in urban. i hate that saying, it is set, you know, price for perfection, but it seems to me the retail space is. >> it was dollar tree, signet, dsw, chico's, you know, rising tied lifts all boats? >> also same sale stores for retailers have been mixed. dollar tree better than expected, same thing with target and best buy, makes the holiday outlook a little more muddy now i think. >> right. and, by the way, there's a lot of different factors here, but a lot of these retailers cited ele

>> seema verma. from the same state as the vice president-elect and has overseen these in the state of indiana. not a surprise. this is the trump administration and not the confirmable position. someone working on this, but it also shows what role of influence mike pence, the vice president-elect has on all this. very close to tom price. alongside him in the house. i think these taken together show, a., they are serious about doing something about this as a major issue and, b., that the vice president-elect is very is in1r06r78ed. tom price, a member of congress, somebody people are very familiar with. even though democrats won't agree on this, republicans don't need democratic votes for this, these confirmations. >> interesting. you make a good point. mike pence, clearly, has the president-elect's ear. very influential and emerging with some of these picks and i asame very influential having elaine chao announced as the new transportation secretary? >> elaine chao comes to this ready to go, just lik

i'm wilfred frost alongside seema moody. good morning. >> great to have you with us.et's check in on global market action. we're pointing higher but not too much. about 30 points for the dow, s&p by five points, the nasdaq by 11. we continued higher yesterday. the dow hitting another all time high albeit the gains were smaller in size than we've seen last week with some of the post-trump davis ralys rally. financials thread way. sixth positive session in a row and tech continued to suffer. that was the weaker sector down over 2%. let's have a look at european trade. it was slightly higher yesterday. mixed today. we have had european gdp numbers out. germany itself was a little disappointing. why it's up only ten basis points. the survey showed some signs of positive sentiment with the forward looking gauge as opposed to the backward looking one. overall european gdp at 0.3% quarter on quarter was in line with expectations. ftse 100 up almost 1%. uk inflation softer at 0.9%. it had hit 1% last month. the pound has suffered today a little bit and that's why the ftse 100

he handles cars like a surgeon, but if you're headed up to seema in las vegas this week, the automotive trade show, you may get a chance to see this finished ferrari. imagine being on the streets and hear that sound and looking over. >> coming up next to a ferrari and lambo at the lights and absolutely smashing them. >> this thing is going to be a fire destroyer. lots of impressive engineering. if you want to see the entire build, check out the donut media youtube channel. speaking of roasting tires, it's time to burn a couple here for a very good reason. emily and tyler are expecting a tyler's beloved mustang. the tire starts to smoke. their buddy is flying a drone overhead. what's it going to be? it's a girl. once the smoke clears, here's the really cool part, the grandparents are there nearby. the smoke dissipates a bit and you see one of the grandmas running up, you see exactly what she's going to be snuggling with. >> so cute. that girl will probably love mustangs. she'll be burning out in no time. >> it's time to give away another ipad mini. >> to enter you need the buzz word, be

back to you, melissa. >> thanks, seema mody.olves a battle, if you will, between some big egos on wall street. what's your take on this latest development? >> it's personal, is my take. it's a personal thing. carl owns 23% of the company now. at what point does he just buy herbalife outright? for me it's just become sport to him. >> i totally agree, it seems to have become sport for him. i don't know if it was the earnings that made him increase his stake or if he feels a pressure point, i have no idea. but i actually don't think it's fully based on a valuation of herbalife at these levels. >> if the conviction is based upon i want to put the screws to somebody -- >> there is a 37% short interest which adds to a little bit of the win, long side. >> we've got another news alert, new poll showing the election is tightening in three key states. eamon javers has the latest. >> some tightening and widening in three traditionally red states. these new nbc/"wall street journal"/marist polls. georgia, trump 45, clinton 44, johnson 8% in

>> all right, seema, thank you very much. of the new york stock exchange with exactly ten minutes left trading session because it is a shortened day, we have david darnst. you could have gone the full -- >> i can do three hours nonstop. >> i'm aware of that, but it could have been thanksgiving if we had enough time. >> i wish they would let me extend beyond about six letters. connecticut governor wilbur cross wrote a series of proclamations, the most important of which is called the heal of or ian. he said let us give thanks for what this nation has. the essence of this. t is trump's -- his actions and his words so far. so far the market has been okay with them. h is new highs for the dow, the s&p, the russell 2000. so you got to be a little careful. we have come up quite a ways. a is asia mending. seema just talked about external acquisitions now, but china and japan doing better. n, k, keen sense of reality. >> don't skip over next year's profits. >> next year's profits to be up, thank you, about 12%, 13%. the market is ant

he handles cars like a surgeon, but if you're headed up to seema in las vegas this week, the automotive trade show, you may get a chance to see this finished ferrari. >> it's a beautiful sound, but imagine being on the streets and hear that sound and looking over. and lambo at the lights and absolutely smashing them. >> this thing is going to be a fire destroyer. lots of impressive engineering. if you want to see the entire build, check out the donut media youtube channel. speaking of roasting tires, it's time to burn a couple here for a very good reason. emily and tyler are expecting a baby, and the gender is beneath tyler's beloved mustang. their buddy is flying a drone overhead. what's it going to be? it's a girl. once the smoke clears, here's the really cool part, the grandparents are there nearby. the smoke dissipates a bit and you see one of the grandmas running up, you see exactly what she's going to be snuggling with. >> so cute. that girl will probably love mustangs. she'll be burning out in no time. >> it's time to give away another ipad mini. >> to enter you need the buzz wor

seema, kick it off. >> pfizer, brian. barclays upgrading pfizer to overweight from equal weight, raising the price target to 38 from 37. sees certain drugs capable of driving durable growth in oncology. pfizer bought motivation for $14 billion which specializes in prostate cancer. we don't know how that will be integrated but analysts are bullish. >> six buck pop. beleaguered pfizer investors would like to see 36 again. your second stock is two stocks in one. neighbors and precision drilling, he said, buy from a hold. they can't tell folks the land driller stocks look dirt cheap on a few different metrics, but they add they have seen enough cycles to know that coming off a cyclical trough land drillers like two companies tend to trade on a combo of asset values and rate of change on that basis, tph, oil based research firm sees land drillers like neighbors and precision drilling moving higher over the next 12 months, neither stock getting a bump today, probably because oil is down 4%. >> and tack, apple on the move, ubs r

>> seema, thanks. >> talk about volatility, judge.e for the last several weeks, this is volatility on steroids. the peso. because it is just a surrogate for trump is doing well or trump is not doing well. up or down. and right now the peso being sold off as aggressively as it is, and with fx traders being nervous about that, goldman recognizing that today by basically saying they're not accepting those stop orders. >> that's the dollar peso. the peso was spiking, that's -- the dollar is moving lower. not the peso selling. >> right. the peso is gaining strength because of the perception that hillary clinton -- >> wanted to make sure we were clear. three hours s ts to close. final trades are next. uit of he. it begins from the second we're born. because, healthier doesn't happen all by itself. it needs to be earned every day. using wellness to keep away illness. and believing a single life can be made better by millions of others. as a health services and innovation company optum powers modern healthcare by connecting every part of it.

seema adgaonkar regularly conducts awareness campaigns. >> the mangroves are mumbai's life insurance. they provide us with a lot of oxygen. and we're all responsible for protecting the trees. >> many mumbai residents aren't even aware of what a treasure they have here. today, school pupils have come to see and learn about the creek's exotic wildlife. >> i was really surprised to see flamingos here. i had no idea we had any in india. i think they're amazing. >> and evidently, the flamingos aren't the only attraction for the young visitors. host: on the coast or inland, people everywhere are trying to protect their country's forests. and for the traditional clans of ethiopia, wooded areas are of particular importance. ♪ >> people need the forest. it provides us with food, and wood for our houses, and a habitat for a lot of animals. we are all responsible for protecting forest. ♪ >> as clan leader, i ensure that no tree is felled and no grassland is cleared without my permission. my people can only remove something from the forest if i think it is necessary. ♪ >> our holy sites, the dido

back to you guys. >> thank you, seema mody. karen, what's your reaction on the tech side? guess we don't know when the purchases happened. >> that's important to know, that it was as of september 30. quite a bit has happened since then. however, i don't think of him -- it's not like a .72 total trading or more oriented toward trading trading. >> we're learning from our executive producer max, he increased his positions in facebook as well as google. >> i agree. >> yeah, you know, everybody who has come on cnbc, including myself over the last 48 hours, has had a massive change of heart, really, and things have changed dramatically. so i would be very cautious, saying, oh, dan loeb got into apple or got into this, it could have been a month and a half ago, it could have been august. i would be cautious trading off this news. that being said, i like the google trade. >> you have to stay away interest tech right now. you'll have a chance to buy it, whether a month, two months. i don't think the time to buy it is now. >>> still ahead, the presidential campaign brought about a w

thanks so much, seema. when we come back, another day of losses for the tech sector.ft, amazon, facebook under pressure again, although microsoft has just turned positive. sit time to sell tech? sing girl. ♪[ singing ]♪ sorry, ariana you gotta go. seriously? verizon limits me and i gotta get home. you're gonna choose navigation over me? maps get up here. umm... that way. girl! you better get on t-mobile! why pay more for data limits? introducing t-mobile one, unlimited data for everyone. get four lines just $35 a month. the medicare enrollment deadline is just a few weeks away. changes to medicare plans could impact your healthcare costs. are you getting all the benefits available to you? new plans are now available that could increase your benefits and lower how much you pay out of pocket. to update your coverage- or enroll for the first time -- call healthmarkets. we'll help you make sure you have the right medicare plan. hi, i'm doctor martin gizzi. it's a new medicare year. that means more changes... and more confusion. here's what i tell my patients... start by a

. >>> i'm seema mody.horities investigating a deadly shooting in a mall parking lot, police saying a man was killed and his brother injured around 1:00 a.m. at a mall about 15 miles from atlantic city. they were both in their 20s. no word on what sparked the shooting or if there are any suspects. the mall, which was closed when the shooting happened, reopened at 6:00 a.m. for black friday shoppers. >>> accused white supremacist dylan roof has been found mentally competent to stand trial. he's being tried for last year's shooting deaths of nine black parishioners at a south carolina church. >>> a transition aide saying president-elect trump will meet with eight individuals on monday as he concentrating on forming his cabinet. trump planning to talk to former s.e.c. commissioner paul atkins, the ceo of shopping mall reet general growth properties and the texas public policy foundation's kathleen white. >>> the official white house christmas tree arriving at the white house today. it's a 19-foot douglas fir d

the biggest -- >> seema, thanks so much. shopping for retail stocks. big names on deck to report next week. our desk will give you their top picks in that sector. plus, go pro is diving after a disappointing outlook and starbucks sales perculate. straight ahead in the blitz. bend me shape me, any way you want me as long as you love me, it's alright... shape the best sleep of your life. sleep number beds with sleepiq technology adjust any way you want it. the bed that moves you. only at a sleep number store. this is my retirement. retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. i'm in vests and as a vested investor in vests i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. >> i'm courtney reagan, and here's your cnbc news update at this hour. two former aides to chris christie were convicted on all counts of creating an epic traffic jam on th

let's get over to seema mody and get the european close. >> one day after posting their biggest jumping a wait and see approach for the election results in the u.s. as for what the election outcome could mean for european stocks, deutsche bank says it cease a jump should clinton win and five to 10% downside in case of a trump victory. barclay's saying they could see a rally if clinton is victorious and thinks a trump win could bring forth a correction. index higher fractionally on the day. brexit at the end of june. when the vote surprised the other way, markets did see a knee jerk reaction reflected in the uk currency. jp morgan says we could see a similar reaction if the republican nominee wins. global currency traders keeping a close eye on the russian ruble. euro holding ground against the u.s. dollar at $1.10 ahead of tonight's u.s. results. ftse 100, britain's supreme court has given the government permission to appeal the high court ruling that parliament's approval was required before beginning formal talks to leave the european union. some strategists say this will only prol

thank you, seema. >> exactly. >> still to come, we are live with a look at institutes.ichael milken, his take on donald trump, future of health care when "squawk alley" returns. plus lyft is shaving its mustache. in november, no less. what john zimer has to say about the company's new look. and later, half time report has two can't miss exclusives. goldman sachs and former house speaker john boehner on his first interview since the election. that's today, starting at noon. and "squawk alley" will be right back. amazing trading knowledge. why don't you just go to thinkorswim's chat rooms, where you can share strategies with thousands of other traders? mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. or the freedom to choose what doctor you want to see. so if you have medicare parts a and b, consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, these let you choose any doctor who accepts medicare patients. you're not stuck

seema mody has the story. >> expectations were perhaps just too high. security player did see double digit percentage increase in total revenue and billings, but guidance for the second quarter came in below analysts' consensus, plus a sizeable increase in stock-based compensation weighed on profitability. shares down about 13 or 12% in extended trade. keep in mind, this has been a hot stock this year. hacking -- as hacking becomes more prevalent. investors have been piling into cyber security stocks, shares of palo alto up 40% from its june lows on the expectations that companies and governments will spend more on palo alto's products. but it's dealing with heightened competition from other cyber security players and something analysts have mentioned in the past, melissa. >> seema mody, thank you. dan nathan. >> the analysts are offsides. she mentioned stock-based compensation. you know what that is? a loss of $1.90. so this thing is trading at seven times sales and the sales are decelerating. so it's a really tough go. yeah, we've got hacks and people

>> thanks so much, seema. back at headquarters.a day away from the election with hillary clinton and donald trump doing their best to reach millennials in this election. the voting bloc that makes up nearly a third of the electorate and joining us now are the founders and co-ceos of the skimm. carly, danielle, thanks for joining us. >> thank you so much for having us. >> millennials are catching up closely to baby boomers as the largest share of the electorate, but the question is whether they will turn out to vote. carly, what is it looking like? >> so they are turning out to vote. we talked to our audience and over 97% are planning on voting. i think there's a big misunderstanding about this audience that there's apathy within this audience and that they are not planning on turning out. i think there's a real distinction between whether or not they are going to actually show up and whether or not they are excited to show up. >> we've seen registration in droves, including via the skimm. you have 110,000 people that have registere

back the you, kayla. >> thanks so much, seema, with the close in europe. the dow opened to all-time highs earlier today but the nasdaq moving lower that have volatile trade following the election. big moves from apple, facebook, amazon to the downside. we spoke with prince talal earlier on sidewa"squawk on the street." >> the fact that mr. donald trump is coming from the business community, has the majority in both houses -- the house of representatives and the senate, i think there's no excuse at all for the republican party right now dominant in the united states not to deliver this the growth that's expected from them. >> louis alexander is nomura's u.s. chief economist. mark wunderlich is a chief strategist. you heard the prince talking about republican control across congress and the white house and what that means for growth. is it as simple as that? >> well, look -- >> yeah, but it's got to happen first, too, right? >> let's go to art hogan. >> yeah, so when you start to look at some of the positive, all of that sounds great. yesterday's rally had e

let's get to seema mody for details. >> mariott shares falling 2%.ts hurt by costs linked to a merger related to its $13 billion acquisition of starwood, operator of sheraton and westin hotels. marriott expects fourth quarter earnings between 80 cents and 85 cents, below the 87-cent estimate. shares up about 3%, though, year-to-date. moving on to online travel website price line, shares surging. third quarter results beat driven by higher hotel bookings. fourth quarter earnings, the company said it will scale back expansion plans for its open table dining service. this leads to a $941 million write down. the rumor, price line paid $2.6 billion for open table in 2014. price line named the head of its business, brent keller as permanent ceo. shares up more than 5% after hours. lastly, melissa, i want to draw your attention to shares of hertz, falling in extended trade, down more than 20% on weak earnings and dividance and now sees 2016 adjusted earnings per share between 51 to 88 ke s cents. again, a big mover here in extended trade, melissa. >> thank

seema mody has that story for us. hey, seema. >> hi, scott. just how politics are driving global price action. here's another story. the brexit once again in the spotlight for the global investor. the uk pound rallying after the uk's high court ruled that the government cannot trigger article 50 without a vote from lawmakers in parliament. it's a decision that disempowers prime minister theresa may and potentially delays britain's divorce from the european union. while the decision would likely be appealed by the supreme court in december, there are now questions around whether article 50 will be invoked in march of 2017, as may intended. potentially slowing down the overall process of the brexit, and that's why stocks in europe are rebounding. important to know, though, that may's party, the conservative party, do have the majority in parliament. in terms of stocks that are on the move. the banks are witnessing their first positive day in five. more halftime report with scott wapner after this short break. is it because so many go after it th

seema verma has been announced to become the administrator for the medicare and medicaid. that's another marquis face in trump tower with david petraeus meeting with trump himself and what the general had to say following the meeting. >> how did the meeting go? >> meeting went very well. was with him for about an hour. he basically walked us around the world, showed a great grasp of a variety of the challenges that are out there, and some of the opportunities as well. >> well, even with that, the embattled general is thought to be up for secretary of state, but the multitasking president-elect also went on yet another twitter tirade, this one not finding evidence for trump's baseless claim of voter fraud. at one point, even given a 16-year-old a prominent place on his twitter feed. he said cnn is so embarrassed by their total 100% support of hillary clinton and yet her loss in a landslide that they don't know what to do. he continued to bash the cable network this morning with yet another post. that came as michigan's board of elections certified results with trump as the