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Closing Bell: DoJ Finalizes Deutsche Bank Settlement; Trump Triggers Uncertainty

The Trump rally screeched to a half as the reality of a new administration began to sink in on Wall Street.

The Trump rally screeched to a halt as the reality of a new administration began to sink in on Wall Street. Investors have had difficulty determining which policies were concrete and which merely bluster ahead of Friday's inauguration. Deutsche Bank (DB) - Get Deutsche Bank AG Report tumbled this afternoon after the Justice Department finalized a $7.2 billion settlement. The investigation was into the sale of its residential mortgage-backed securities. Noble Energy (NBL) - Get Noble Energy, Inc. Report jumped after agreeing to buy Clayton Williams (CWEI) energy in a cash-and-stock deal. The merger is expected to close in the second quarter of this year. Stifel downgraded Nordstrom (JWN) - Get Nordstrom, Inc. Report to hold from buy and slashed its price target. Analysts anticipate a highly competitive environment for retail to have dragged on the department store's holiday sales.

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