With the exception of the Fed statement, the biggest event of the day was Donald Trump's mega technology summit in New York on Wednesday which hosted leaders of tech companies to provide an olive branch and attempt to bury a past, in which most of Silicon Valley was a firm supporter of Hillary Clinton.
As we reported earlier, Trump sat down with top tech executives, including several of his sharpest critics, to mend fences after a divisive election in which virtually all of Silicon Valley backed Hillary Clinton. Trump was heading into hostile territory - with the exception of PayPal co-founder Peter Thiel, Silicon Valley shunned the New York billionaire during the presidential campaign, throwing their weight behind his Democratic rival Clinton.
The tech talks, convened by Trump, bought together numerous CEOs such as Tim Cook of Apple, Satya Nadella of Microsoft, Larry Page of Alphabet (Google) and Brian Krzanich of Intel, among others. In addition to Trump nemesis Jeff Bezos, also on the guest list are Tesla and SpaceX founder Elon Musk, Facebook's chief operating officer Sheryl Sandberg and Oracle chief executive Safra Catz.
As CNBC calculated, the CEOs present had a combined market value of more than $3 trillion.
Apple — $616 billion
Alphabet — $555 billion
Microsoft — $489 billion
Amazon — $366 billion
Facebook — $347 billion
Intel — $173 billion
Oracle — $167 billion
IBM — $160 billion
Cisco — $154 billion
Tesla — $32 billion
SpaceX — $15 billion
Total — $3.074 trillion
However, one prominent tech CEO was missing: Twitter CEO Jack Dorsey, whose absence puzzled pundits. Twitter's omission was all the more striking because of Trump's heavy dependence on the Twitter platform. With some 17.3 million followers of his account, the president-elect has made Twitter into the de facto press channel of his transition operation.
We now know the answer why Dorsey was MIA: according to Politico, Twitter was told it was "bounced" from Wednesday's meeting between tech executives and President-elect Donald Trump in retribution for refusing during the campaign to allow an emoji version of the hashtag #CrookedHillary, according to a source close to the situation.
Trump has had public beefs with other tech execs at the sit-down. He's criticized Cook over Apple's refusal to decrypt a cellphone whose owner was implicated in a terrorist incident, for example, and Bezos over his ownership of The Washington Post. But, it seems, Twitter CEO Jack Dorsey's role in what the Trump operation saw as the breaching of a deal was a step too far for those close to Trump.