CNBC Daily Open: U.S. waives Iran sanctions; rotation out of megacap techs

Forumul Economic Mondial de la Davos

Hello, this is Gail Krishnan writing to you from Singapore. Welcome to today's edition of CNBC's Daily Open. On Wall Street, a rotation out of big tech dragged the S&P and Nasdaq lower. That offset more encouraging newsflow on Iran as the U.S. agreed to waive Iranian oil sanctions for 60 days. Meanwhile, 10 Downing Street will soon get a new occupant, for the seventh time in 10 years. Japan has long held the dubious honor of a revolving door of prime ministers. But on the 10th anniversary of