The deduction for state income tax, thats a very big deal, look like its gone. Deduction for property tax, probably stays. Middle america gets help and so does business and 1 does not. Apples profit after facebook, amazon and microsoft, warning, dont disappoint, investors would slam apple and maybe the rest of the market too. It was the profits, huge number, 575 billion. Thats how much the value of stocks went up in october. Wow, indeed, ashley. Thats how a rally translates into dollars and cents. And then theres the federal [laughter] stuart i knew it was coming. Federal reserve, a new chair to be announced today. We are told it would be jarome powell, thats the judge, by the way, the most powerful banker of the world. We will leave it at this, powell raises Interest Rates slowly. Got it. [laughter] stuart done. Varney company is about to begin. Because of the sanchez success. Here is a ground ball, right side could do it. The Houston Astros are world champions. Stuart there you have
Temperatures only reaching the 60s. Showers late this week. We are watching some weekend rain, too. Ill show you that coming up. 40 in the district, 41 at frederi frederick. I think youll need the jacket this morning, but sun glare on the roads this morning for your commute. Dry through the afternoon. Speaking of commute, lets check it with melissa mollet. Southbound connecticut avenue at jones bridge road, theres a backup. 295 southbound before east capitol getting by. Southbound north capitol left lane getting by. Army navy drive police are searching for two men through that area. You might hear choppers in the area. Fort hunt has a water main break. Live look here grove road, no problem northbound or southbound. 6 02. Developing story in arlington. Police are searching for the man you see here. They say he manipulated his way into a bombs apartment and secti a womans apartment and sexually assaulted her. Molette green has more on the investigation. Molette . Reporter good morning. A
Mark the 500th anniversary of the reformation. news, 24 hours a day, powered powered by more than 2600 journalists and analysts in more than 120 countries around the world. Bloomberg technology is next. Im emily chang in this Bloomberg Technology. Stoxx close that another record high with tech jiving another impact for the as of the. Very where live in london with the latest. Amazon opens its first men have been bookstore, why the ecommerce giant to be late to the brickandmortar injury first, to our lead. U. S. Stocks are reaching fresh records. The s p 500 is pushing its longest rally since february. It is closing at have a percent. The tech sector continues to be one of the strongest performers. Take a look at the bloomberg, you will see the white line which represents tech. It is well above the s p 500 since trump took office. Sector, we the tech talked to demand that is the founder of the Real Estate Company and it is great to have you back. Silicon valley was largely mp but now we
Mark the 500th anniversary of the reformation. news, 24 hours a day, powered powered by more than 2600 journalists and analysts in more than 120 countries around the world. Bloomberg technology is next. Im emily chang in this Bloomberg Technology. Stoxx close that another record high with tech jiving another impact for the as of the. Very where live in london with the latest. Amazon opens its first men have been bookstore, why the ecommerce giant to be late to the brickandmortar injury first, to our lead. U. S. Stocks are reaching fresh records. The s p 500 is pushing its longest rally since february. It is closing at have a percent. The tech sector continues to be one of the strongest performers. Take a look at the bloomberg, you will see the white line which represents tech. It is well above the s p 500 since trump took office. Sector, we the tech talked to demand that is the founder of the Real Estate Company and it is great to have you back. Silicon valley was largely mp but now we
Got to get back in time here is what else is happening at this hour, its a good time to buy a house, if you can find one for sale. Mortgage rates hitting the lowest level since november. The 30year fix now 3. 95 , but housing inventory, the number of homes for sale, remains very low in some cities. The home of the little blue box is giving investors a gift. Tiffany boosting its Quarterly Dividend by 11 and more departures at ford. This time its Global Product Development chief is leaving. Becky, thank you very much. Folks, stop me if you heard this one before its another recordsetting day for your investments. Were in the middle of a sixday win streak propelling yet you heard scott and melissa say i but ill say it again the s p 500 and nasdaq hitting new highs. The dow not far behind. Check this out, the nasdaq is now up 16 of 19 trading days so far this month. That is putting it on pace to have the most up days versus down days of any month since all the way back in september of 1996.