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We can retaliate and put tariffs on u.s. products like peanut butter, cranberries and orange juice. as we heard the opening bell ring, we see the market falling more. the dow down about 300 points. john, back to you. >> christine romans here with me. i call this the gary cohn moan. you mocked me, but it was true. the minute that announcement was made yesterday, you saw all these financial indicators react. he is their guy, was their guy in the white house. he's a globalist. if you're a trump person, you say that's a bad word, globalist. but to stock market investors, globalism is a good thing ...

Steph curry and the golden warriors last night. we want to get reaction to president trump's address last night. a alli velshi, they were looking for a subdued president trump, a president trump that appeared to say you, gentlemen, do the work, whether it's tillerson, mattis, and i am going to be the speaker of the people, and the market likes to hear that? >> i would say loves, actual, stephanie. we are always careful about our words when we characterize the market, and in about three seconds you will start to hear the bell ring, and it's going to be big. we are looking at possibly a huge o...

Reserve just did was make borrowing money more expensive. but by raising rates the fed is basically showing it believes the economy is getting stronger. so now going to turn back to the dow which is within spitting distance of 20,000. a milestone. you know what, carol? even if it doesn't take that milestone this year the dow had a fantastic year so far. the dow is up 13.5% this year. and we've still got a few weeks to go before 2017 and as the opening bell ring the dow is beginning in the green. looks like investors shook off the cobwebs and got right back into it. >> all right, alison kosik r...

Investigation, so it's not as though there is no scrutiny of this. but let's see what happens you know. donald trump is not yet president. obviously he's taken positions on russia that that have dismissed some of the conclusions of the intelligence agencies about what happened. but i think maybe this is an issue that is still percolating and we need to see what happens. >> susan page, jason johnson, thanks as always. we're just moments away from the opening bell on wall street. alison kosik and the new york stock exchange. >> good morning, carol. i am expecting to see some caution when the ope...

There's just a lot of question marx going forward. one analyst saying expect a lot more monster swings between today, and inauguration day as we wait to hear more from trump as to where he stands on policy. but i want to leave you with one thought that doesn't matter who would have won the election, history shows us that there often is a sell-off the day after a presidential election. in fact, when president obama won the election in 2008, we did see the s&p 500 fall 5% the next day. carol? >> all right. alison kosik reporting live for us. we'll check back with you when the opening bell ring a...