New year, same Trump: Tweet and watch the markets go berserk. New year, same question: when will the Dow hit the 20,000 mark?
The news cycle Tuesday, Jan. 3, was certainly dominated with news out of Camp Trump. "News" may be a strong word, but the President-elect's Twitter (TWTR - Get Report) handle continued to make waves, taking aim at the Affordable Care Act and also companies looking to move or build up operations abroad. Trump's latest victim was General Motors (GM - Get Report) , which saw its shares fluctuate greatly after he slammed the automaker via Twitter for manufacturing its Cruze vehicle in Mexico. Another auto maker, Ford (F - Get Report) , coincidentally, announced Tuesday that it would cancel plans to build a $1.6 billion plant in Mexico. But did you notice that the confluence of auto news sent shares of shipper Kansas City Southern (KSU - Get Report) tumbling given its exposure to the U.S.-Mexican border?
Still, indexes ended Tuesday, the 40th anniversary of Apple's (AAPL - Get Report) official incorporation, in the green across the board as Trump continued to nominate advisers to his cabinet and the dollar continued its rally since the election. But that wasn't all TheStreet and its affiliates were digging in to on the first day of trading in the New Year.
Did you see Tesla's (TSLA - Get Report) miss on deliveries or Elliott Management's big win at Marathon Petroleum (MRX) ? What about what to expect from the Consumer Electronic Show set to kick off this week in Las Vegas or the latest talent shake up at Fox News? No? Well, thankfully TheStreet and its affiliates were on top of it so you wouldn't have to be. You can find Tuesday's highlights below:
Husband of Top Trump Adviser Conway Said to Be a Finalist for U.S. Solicitor General
By David Marcus
The lawyer is the husband of Trump adviser Kellyanne Conway and works in corporate litigation. Full story
17 Thoughts on Biotech Stocks to Kick Off 2017
By Adam Feuerstein
TheStreet's Adam Feuerstein compiles a list of questions, thoughts, declarations, catalysts and observations about biotech stocks to help investors prepare for the year ahead. Full story
Megyn Kelly Leaving Fox News Puts New Twist on Comcast Deal
By Leon Lazaroff
Megyn Kelly's departure to NBC News comes days after the network agreed to a 'somewhat modest' increase in carriage fees from AAP holding Comcast (CMCSA - Get Report) , NBC's owner. Full story
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