Page 2 - Markets Tumbling News Today

Its like hes going to own the shutdown if he doesnt sign it, but he said he would be proud to do it. singing christmas carols on the hill. yet fed chair jerome powell announced an interest rate hike. yet the decision sent the markets tumbling, or you could just say the volatility continued, and volatility is norm at. what do we expect today? kiersten nielsen will arrive on capitol hill to appear before the house judiciary committee. one of the big topics sure to be brought up, the handling of ...

President trump said he decided to hold a surprise news conference today to take his message straight to the american people and what a message it was. david axelrod, what did you think? >> well, i think that in certain ways it was a surreal performance, but not in the context of donald trump. it was a surreal performance for a president. but it was very consistent with the donald trump we saw during the campaign, and he seemed to, you know, be reveling and playing that role. the question is, is...

I said to him a little bit joking thats a good release, trying to get people to feel the press is illegitimate. he just shrugged his shoulders. thats what he wants to do. whats your take? >> i try yoga. i think that would be better. but listen, i think that we all ought to get our arms around the fact that donald trump got elected by essentially ignoring all the norms of campaigning, and i think that hes not going to stop now. hes going to continue to do what he wants to do, including this. and ...

I say all the time that when presidents speak they can send armies marching and markets tumbling. actually markets are tumbling tonight because theres fear of lack of predictability. >> but, david, theyre the same markets we saw tumble after brexit. two weeks later they were back at highest peaks. >> im not saying that, corey, im just making vans point which is you have to be careful what you say as president, because what you say as president -- just your words alone can have ee norm usa impact...

its not showing an extension of all of that terrible selling in the last couple of days. whats happening? >> for the moment, its not, christine. the europe peern markets an mar minutes ago. the markets you said in your introduction showed asian markets losing quite a bit overnight. some of those markets hitting lows we hadnt seen, in fact, since last year or even the year before that. nikkei should point out end of the day up to the tune of about a quarter of 1%. the stock market, same...

Better. >> running towards mcdonalds. >> i can see that. >> time for your business on the go. >> lets bring in nicole lapin at cnbc headquarters. markets tumbling on friday with the unrest in egypt. what can we expect today. >> futures are actually flat. this is fascinating. we saw the flash point on friday. the question is how much of this has been priced in or perhaps the situation there didnt get worse is why were seeing actually futures are slightly positive this morning. we took that huge t...