Live Market Update: Stocks drop after job report beats, Trump mulls memo release
Midday Movers: Stocks (^DJI, ^GSPC, ^IXIC) are sliding after a few big earnings misses and after the BLS reported more jobs were created (at a higher hourly average wage) in January than expected. Meanwhile, President Trump decides whether or not to release a GOP-authored memo outlining alleged misuse of power at the FBI. The energy (XLE) sector is leading the way down, and only consumer discretionary (XLY) is in the green. Keith Bliss of Cuttone and Company joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Andy Serwer, Sallie Krawcheck and Myles Udland.
