Stocks lower after GOP releases new tax bill

Stocks (^DJI, ^GSPC, ^IXIC) dip lower on the release of the new GOP tax bill. The real estate (XLRE) sector is most in the green and the consumer discretionary (XLY) sector is most in the red. Alan Valdes of Silverbear Capital joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Alexis Christoforous is joined by Rick Newman and Nicole Sinclair. Alexis also talks to Rebag CEO Charles Gorra about the hot market for luxury purses. Yahoo Finance’s Melody Hahm interviews CEO Brian Mariotti of the newly IPO’d Funko about how to capture interest in collectibles in a digital world.

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