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Investors bide their time as Trump prepares to talk—after more tweets

Yahoo Finance

Investors are sitting tight as they wait to hear what President-elect Donald Trump says at his news conference this morning. Stock futures are pointing to a mixed open on Wall Street.

Here are some of the other stories the Yahoo Finance team is covering for you today.

Trump, Russia and BuzzFeed
The focus on Russia’s role in the US presidential election intensified after CNN reported that Trump and President Obama were briefed last week on unverified allegations that Russian operatives claimed to have compromising personal and financial information about Trump. BuzzFeed has gone ahead and published 35 pages of memos. How is BuzzFeed defending publishing unsubstantiated claims while other news organizations hold back?

Tillerson’s ties to Putin, Exxon
The Senate begins confirmation hearings of former Exxon (XOM) CEO Rex Tillerson to be Secretary of State. Much of the attention will focus on Tillerson’s ties to Russian President Vladimir Putin. In prepared remarks, Tillerson says Russia poses a danger, but that Russia’s resurgence happened in the “absence of American leadership, ” and that he will call for open and frank dialogue with Moscow. What will senators think?

Bitcoin’s China slide
Bitcoin fell by about $50, or 5%, after China’s central bank said it had launched investigations into bitcoin exchanges. The investigations involve possible market manipulation and money laundering. What does this tell us about the volatility of the digital currency?