Exclusive: Why the 'Trump premium' has dropped to zero

Stocks (^DJI^GSPC^IXIC) are down slightly at midday, with industrials (XLI) leading and energy (XLE) lagging. Consumer staples (XLP) are currently pulling in the rear. Alan Valdes, director of floor operations at Silverbear, 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’s Rick Newman and Thomson Reuters correspondent Bobbi Rebell, author of “How to be a Financial Grownup.”