MALVEAUX: Stocks still on shaky ground the day after, plunging more than 300 points yesterday, the day after the election. Alison Kosik, she's joining us from New York to talk a little bit about this. And, Alison, tell us how the stocks are performing now and the outlook, do we think, for the rest of the year?</s>ALISON KOSIK, CNN CORRESPONDENT: Well, one thing is for certain, things are a lot calmer today on Wall Street, even though the Dow is down 87 points. And it looks like the trend really is going to be to the down side. You know, all of a sudden, certainty, Suzanne, over whether, you know, these higher taxes and federal spending cuts, the so-called fiscal cliff, will go into effect all at once. That's really keeping the market on edge. And, you know, although the expectation is that President Obama and Congress are going to wind up hammering out a deal. Until we're there, you're really not going to see a real conviction to buy stocks. And that's really what's weighing on the market. You know there's -- because there's a bigger impact with this. There's also a trickle down. Right to the jobs market. You know, companies right now, they don't want to hire until the tax picture is clear, so that's an issue that can drag on the economy, as well as stocks. Suzanne.</s>MALVEAUX: Thank you, Alison. Big Bird became a political star after this comment. You recall.</s>MITT ROMNEY (R), PRESIDENTIAL CANDIDATE: I'm going to stop the subsidy to PBS. I'm going to stop other things. I like PBS. I love Big Bird. I actually like you too. But I'm not going to -- I'm not going to keep on spending money on things to borrow money from China to pay for it.</s>MALVEAUX: Well, now, Big Bird, he is in the news again. See how "Sesame Street" is relating to kids about Superstorm Sandy.
Stocks Shaky After Market Plunge