Stay updated with breaking news from Trading lower. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We ll talk to president trump s immigration ban on citizens from seven muslim majority countries. carolin roth is joining us this morning. how are the swift reactions from the nation s largest companies? reporter: absolutely, good morning to you, louis. yes, the reaction in the markets has been pretty negative. we re seeing asian markets, those that are open, are trading lower. europe is down. and u.s. futures are pointing to a softer start at the start of the trading session. the dollar is also under pressure. but let s get the reaction from the business community, primarily from silicon valley, which depends heavily on immigration for the workforce. mark zuckerberg was among the first ones to criticize trump to say, we should keep our doors open to refugees and those who need help. apple ceo tim cook told employees, this is not a policy that we support. he said, apple would not exist without immigration worth noting that the biological father steve jobs, the apple co-founder, was ....
We ve seen that with yesterday s trade. what s a stock that trades better on one hand? reporter: this time around stocks like the bank stocks, they were under pressure yesterday because there is this expectation that if president obama is re-elected you will see some trouble when it comes to some of the regulatory things, some of the things that are in dodd frank that would go ahead and get pursued, maybe some tougher readings of some of those regulations if it goes through so yesterday bank stocks were trading lower. you had things like utility stocks which pay a high dividend. they were trading well, too, because the expectation is if president obama is re-elected you will see dividend tax rates increase. so a lot of those stocks have been positioning, we talked to some who said if romney wins, you could see some surprises in terms of where the bonds are moving. that s the first time it s happened. you could see movement in one direction. a little higher, maybe by 25 ....
and president clinton taking on a special role at the democratic national convention. and we ll talk about the quirky rule, the unfair rule that cost the americans their medal. this man caused one of our best olympians a shot at gold in london. we re going to chat a lot about that. see how you feel as well. right now mitt romney is on a plane to poend la, the last stop on his international tour. romney left israel this morning, where he gave a tough talking speech on iran. we must not delude ourselves into thinking that containment is an option. we must lead the effort to prevent iran from possessing nuclear weapons capability. we should employ any and all measures to dissuade the nuclear regime from its course. no option should be excluded. we recognize israel s right to defend itself, and it is right for america to stand with you. cnn s sarah is live in jerusalem. how is mitt romney s plan different from president obama s? first, he said he would support i ....
You think she could just be hiding out right now after having her meltdown? yeah. that s what i think, bill. you know, think about the runaway bride case. the girl just disappeared because she freaked out. i think that is a very similar case to what s going on here. there is absolutely no evidence whatsoever that anything happened to her. bill: right. in this day and age, there would have been something. bill: it s getti national attention because it happened on this high-profile show. and, you know, this woman has three young kids at home. and we hope for the best for her and that she shows up soon. tamara, thank you. and, anna, thanks to you as well, okay? here in new york and is chicago respectively. all right, what s up next, martha? martha: we ll go to jenna lee who s going to tell us about happening now coming up in the newsroom. hi, jenna. jenna: stocks are trading lower, we had a weaker than expected read on the nation s economy. also, of course, the implosion of the so-c ....
reporter: big clerical error. jon: yeah, thanks. jenna: and we have this fox news alert. we don t want to forget what s happening with our markets today, the dow trading lower by 300 points. there s a few things factoring in, there is some disappointment over the debt deal not being done thus far by the supercommittee. some traders will tell you they didn t expect success, but not expecting success and not getting any sometimes is, well, a difference that s tough to resolve. so you see the markets trading lower. they re trading lower overseas as well. and something else i want to point out to you because sometimes when the market s lower, you see money coming out of the stock market going to places like cash, you see things like gold trading higher, and today everything s done b. you have down. you have gold down by $36, oil is trading lower, the dow, the nasdaq and the s&p 500 down by more than 2%. just some perspective when you see a down day of more than 1%, that s a significant ....