Stocks (^DJI, ^GSPC, ^IXIC) are mixed at the midday mark. The health care sector (XLV) is leading the way down after strong comments by Donald Trump about drug pricing. Energy (XLE) and utilities (XLU) are still in the green. Keith Bliss of Cuttone and Company joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance’s Myles Udland.
Trump discusses Russia, Putin and “fake news”
Today’s top story is Donald Trump’s press conference, including his comments about American businesses. He also addresses his conflicts of interest because of business ties.
Amazon credit card gives Prime members 5% back on Amazon purchases
Amazon is introducing a new credit card for members of its Prime service. The Visa card, issued by JPMorgan Chase, offers 5% back on all Amazon purchases for no annual fee. Cardholders will also get 2% back at restaurants, gas stations and drugstores, and 1% back on all other purchases.
Warren Buffett profiled in new HBO documentary
There’s a new HBO documentary called “Becoming Warren Buffett” about the legendary investor and CEO of Berkshire Hathaway. It airs on January 30 and focuses on Buffett’s family relationships and the sacrifices he made while building his business empire.