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Essentially include pretty much everything from china. it was like a shrug from the markets. down a little bit. gary is pointing out, records every day. what do you think? >> the markets trade-off -- at bottom, the markets trade on corporate earnings. if corporate earnings are strong, stocks will go up. the bet right now the market is that corporate earnings are strong largely because of the tax cuts and deregulation and lower interest rates or at least stabilizing rates at this very low level, jerome powell is not going to raise rates. it's net positive for corporate earnings. we don't know i...

There that undermined and put a floor on the market selling. double digit market gains by j.p. morgan chase, wells fargo. interesting comment from j.p. jamie dimon. he says he doesn't know any president that has not criticized the fed for raising interest rates. now on the other side of the trade, we had consumer technology names. the big technology ones, the fangs as we call them, facebook, apple, netflix, google. amazon and netflix drove the comeback today. so we're in the middle of earnings season. this is the heavy part of it. looks like expectations are priced for a good profit return. as...

Waiting to hear from president trump speak tonight. they're holding on to some cash, because they got the big snapchat ipo coming up in a couple of days from now. as far as what president trump is going to say tonight, the market likes it. if he gives specifics and talks about an actual tax plan. and he talks about what he wants to do specifically, we could get a positive market reaction. here's what's interesting. if he doesn't get into specifics, if it's something like well infrastructure spending, that's not going to happen until 2018, or we can't look at tax cuts until we get through healt...

Which is an automatic emergency break that happens when crashes happen. so that trading has been halted. that gives you a sense of how global financial markets are most likely going to respond if it is the case that donald trump pulls out a victory tonight and is declared the president of the united states tomorrow when those markets open. the canadian immigration website, this is not like some joke, it actually is crashed, from apparently people's interest there. so we're just now again beginning to see how some of this is going to reverberate out across the world. there will be a lot more of...

I want [ male announcer ] honey sweet flakes with nuts in every bite. to roll over my old 401(k) into a fidelity ira. man: okay, no problem. it's easy to get started; i can help you with the paperwork. um...this green line just appeared on my floor. yeah, that's fidelity helping you reach your financial goals. could you hold on a second? it's your money. roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. i'm jon fortt with your cnbc market wrap. the markets trade sideway...