STOCKS DIP: Here's what you need to know

pulse

April 12, 2017 9:22 PM

Stocks fall on Wednesday.

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Stocks started the morning off in the red and never cracked into the green.

All major indices finished down.

Notably, this is the first time since election week the Dow and the S&P have closed below their 50-day moving, according to CNBC's Carl Quintanilla.

First up, the scoreboard:

1. The new director of the Office of Management and Budget said Trump's promise to eliminate America's $20 trillion problem was "hyperbole."

3. Chris Christie asked the Trump administration to help stop the United Airlines fiasco from happening again. "

4. The Bank of Canada held rates again at 0.5%.

5. Even doctors are getting priced out of San Francisco's housing market. highest-paying jobs in America Trulia

ADDITIONALLY:

Nomura on South Africa's political crisis: "

Fischer's secret speech shows the Fed has learned nothing from its leak scandal.

There are a few simple ways Trump could cause Obamacare to "explode."

David Einhorn accused GM of sabotaging him.

China appears to be making a key concession on North Korea.

Trump's budget chief suggests a government shutdown wouldn't be that bad.

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