Hours, lets get a check on where stocks are trading with julie hyman. The big note big news coming after the market close on friday. We knew that the healthcare bill would get voted on, but we had an initial reaction that has faded. Julie it has been fascinating watching the reaction evolve or people make sense of it. This is something we have an having an ongoing discussion over as well. What does this mean for tax reform, according to investors question mark how important is it that it get done by a certain time and on a certain timeline for the markets and will the rally stop at some point if it doesnt get done . Today the assessment of these questions is relatively benign if you look at the market action. We have indeed come back from a deeper deficit earlier in the session out of the gate this morning. The nasdaq was up as much as one quarter of 1 , moderating those gains, but we are not seeing a big selloff in reaction to the Health Care News from friday moving forward to the pro
Hours, lets get a check on where stocks are trading with julie hyman. The big note big news coming after the market close on friday. We knew that the healthcare bill would get voted on, but we had an initial reaction that has faded. Julie it has been fascinating watching the reaction evolve or people make sense of it. This is something we have an having an ongoing discussion over as well. What does this mean for tax reform, according to investors question mark how important is it that it get done by a certain time and on a certain timeline for the markets and will the rally stop at some point if it doesnt get done . Today the assessment of these questions is relatively benign if you look at the market action. We have indeed come back from a deeper deficit earlier in the session out of the gate this morning. The nasdaq was up as much as one quarter of 1 , moderating those gains, but we are not seeing a big selloff in reaction to the Health Care News from friday moving forward to the pro
1 . The ten year yield is at 242. Were watching oil closely. Getting back above 50 a barrel for the first time in a while and holding above that level. This morning our road map starts today with an historic quarter. Futuring pointing to the lower futures pointing to the lower open as we said but stocks are setting records for q1. Plus, President Trump to sign new orders aimed at combating Foreign Trade abuses today. This as the white house prepares for a meeting with the president of china next week. And after lululemon shares plummet, hear what the ceo told jim about turning around the companys sales. The first three months of the year belong to the bulls. As we head into the final trading session of the quarter the s p 500 is up almost 500 on pace for the sixth consecutive positive quarter. The same for the dow. The big winner is the nasdaq up nearly 9. 9 after closing at a record high yesterday. Jim, the dow is set for its longest quarterly winning streak in ten years. Yeah, look,
The president doesnt believe that director comey is intentionally trying to influence the outcome of the election. Director of the fbi under fire. You may be asking why in the world the fbi would jump into an election with no evidence of any wrongdoing with just days to go. It took guts for director comey to make the move in lighting of the kind of opposition he had where their criminal prosecution. In alabama, one worker lass also died of a gas pipeline. Oh, my god, it was growing so fast. Three people were killed when a truck rear ended a hay ride full of kids in mississippi. The special forces are closing in on the Islamic State stronghold of mosul. This is a constant day. Amazing rescue at the scene a doig buried in the rublg. Touchdown, a convincing takedown of the minnesota vikings. All that if you thought about donald trump, you were right. I will be organizing my post presidency where im not close enough to him to wisp nerve his ear. And all that mattered nasas Early Warning as
Agreement to cut Oil Production and russia will not attend the meeting. Saudi officials uploaded the idea of not reaching an agreement at all. Iran says they will produce more, while the iraq minister says hes optimistic. Bearish on bonds. The trump dollar rally is stirring up emergingmarket bearers. The most irish the most bearish for the year, caused by the collapse in Commodity Prices in china. Donald trump announced just this morning he will nominate congressman tom price for health and Human Services secretary, this has retired David Petraeus is considered for secretary of state amid open infighting among who to pick for the posts. That is what you need to know. Will kennedy, managing editor for middle east and africa, coverage of energy, joins us from london. At this hour, what do we know . We know that less than 24 hours from the meeting, there are still significant disagreements among opec leading members. Saudi arabia is insisting iran raise the structure and iran [indiscernib