A baseball player takes care of those who took care of him. Announcer this is nb good evening, im kate snow in for lester tonight. You would be forgiven for feeling a little financial whiplash this week. On this day after christmas, wall street was celebrating. The Dow Jones Industrial average up almost 1,100 points, the largest single day point gain ever. All the mark remarkable when you consider what happened on Christmas Eve when the Broader Market was down almost 20 from recent highs and people were talking about a bear market. Todays rebound driven in part by positiveepor about holiday sales. Our Kristen Dahlgren starts us off tonight. Reporter a postchristmas bonus on wall street. Todays big gains completely eraising mondays steep dive. All three indexes soaring thanks in part to some positive news for retailers. Amazon reporting it sold a Record Number of items over the holiday season. Its been a volatile month, ending a fourday losing streak, amid concerns over the Government S
Will take effect starting monday. He wants to use the tariffs to threaten mexico from stopping immigrants. And mcconnell saying flat out that republicans do not support the move. The president firing back, saying it would be foolish for the republicans to try to block the tariffs. Mike shields will help us along in this discussion. Catherine, going to start with you. You call these mind numbingly idiotic tariffs. Why dont you say how you really feel next tame. So ethere athere are a numbe reasons why its stupid to impose. Multiple studies so that the its being paid by American Consumers and its going to screw up massively american supply chains, the auto oindustry in particular. A lot of stuff going back and forth many times over the border. And its going to hurt our ability to negotiate with the eu, with china. Because we have turned around after signing a new deal. Turning around and slapping terrifes on them. And if we do succeed, what makes trump think thats go doing reduce the num
Mexico. The president insisting hes not bluffing and that the first round of tariffs of 5 on mexican goods will take effect starting monday. Trump wants to use the tariffs to pressure mexico into stopping undocumented immigrants from Central America from crossing the u. S. Border. The Senate Majority leader, Mitch Mcconnell, flat out saying today that republicans do not support the move. But the president firing back, saying it would be foolish for republicans to try to block the tariffs. So lots to discuss here. Katherine ram bell, alina plot, ana navarro, mike shields will help us along. Good evening to all of you. Catherine, im going to start with you. You call these mindnumbingly idiotic tariffs. Okay. Why dont you say how you really feel next time. Lay it out for me. There are a number of reasons why these are really stupid to impose. The first one of dors is that americans are going to be paying these tariffs. We have multiple studies showing the cost of the tariffs imposed alrea
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