The Trump rally screeched to a halt as the reality of a new administration began to sink in on Wall Street. Investors have had difficulty determining which policies were concrete and which merely bluster ahead of Friday's inauguration. Deutsche Bank (DB) tumbled this afternoon after the Justice Department finalized a $7.2 billion settlement. The investigation was into the sale of its residential mortgage-backed securities. Noble Energy (NBL) jumped after agreeing to buy Clayton Williams (CWEI) energy in a cash-and-stock deal. The merger is expected to close in the second quarter of this year. Stifel downgraded Nordstrom (JWN) to hold from buy and slashed its price target. Analysts anticipate a highly competitive environment for retail to have dragged on the department store's holiday sales.
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