What's On Our Radar: November 14, 2016

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Dow watch, merger Monday and Trump’s transition, here’s what’s On Our Radar for today.

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Merger Monday

Samsung (SSNLF) announced it is buying U.S. auto-parts supplier Harman International Industries (HAR) for a whopping $8 billion. This marks the biggest merger for Samsung to date and now brings the mobile phone tech giant into the auto market. Driverless vehicles, display technology and mobile services are now at Samsung’s fingertips. 

Neil Cavuto has the latest on the acquisition and market reaction on Cavuto Coast to Coast, 12pm ET.

Market Watch

The Dow is on track to hit 19k  – another record. Last week the Dow tapped its biggest weekly gain since 2011 ending at 18,847.66. U.S. stocks have been rallying since Trump’s big win and investors are cashing in with what appears to be another bullish day.

After the Bell has a breakdown of the trading session, tune in for smart, market insight at 4pm ET.

In Transition

Trump isn’t wasting anytime… he’s making major announcements to his transition team and staff picks. Reince Preibus, the chairman of the Republican National Committee, has been named chief of staff. Also, the President-elect named Stephen K. Bannon, Trump’s campaign CEO and executive chairman of Breitbart News, as his chief strategist and senior counselor.  

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There are more to come. Lou Dobbs is keeping track of all of Trump’s cabinet picks and the beltway fallout, 7pm ET.

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