January 11, 2017
President-elect Trump cited high prices in the drug industry, delays and expenses in defense and warned US companies not to move jobs across the border. Drug shares were mixed to lower, enough to keep the Dow from testing 20,000. At 19,954, the Dow ended near its best levels for a 0.5 percent gain on the day.
Macro-economics were not a topic at Trump's press conference though rates did move lower before recovering at day's end as the 10-year yield ended little changed at 2.37 percent. The dollar index slipped 0.2 percent with gold firming slightly to $1,190. Oil, after two days of losses, oil bounced higher and back over $52.