Single day for tax reform for the gop so far i am Brian Sullivan. At a National Association of manufacturers summit in washington, d. C. , 30 minutes ago, vicepresident pence talked about tax reform and called for a 15 Corporate Tax rate we are waiting a few minutes for House Speaker, paul ryan he will give a major speech on tax reform and outline what he wants to do and when he believes he can get it done after that, he will sit down with us right here on cnbc to talk everything taxes, both from individual to Corporation Tax reforms. Michelle, a bringing day ig day. Im Michelle Caruso cab rrea the yields on bonds have hit 2. 748 snap and twitter taking a hit after facebook announced instagram now has 250 million daily active users lets listen to House Speaker, paul ryan right now as he begins his speech thank you so much, buddy appreciate it. Afternoon, everybody how are you doing . Great to see you thanks for coming out today. Appreciate it. Welcome to d. C hi, kathleen thank you. Th
Dividends and buy backs for all major u. S. Banks financials rise ago cross the board in the free market. Drops its bid to buy rite aid buying stores instead. Rite aid shares are plunging because its future is called into question. Blue apron at the low end of a lowered range. The Amazon Effect and signals for an already slow year for ipos first up though stocks are looking to maintain upward momentum after the nasdaqs best day of the year and the saeps best day since april financials doing their part after the fed approved capital return requests for 34 of the largest u. S. Banks a lot of the hikes and capital returns that we saw yesterday mostly above expectations. The market just figured this out. Its been so well telegraphed that theres going to be good news but managements and boards and banks themselves were more aggressive on the buy back and dividend intentions and they all got approved i also think you cant separate it from bond yields. So its good news on capital return there
They may be safe from war but they and their children are exploited and are vulnerable. Oi woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by its hard not to feel pride as a citizen of this country when were in a place like this. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff from the president today, the first salvo against his predecessors climate agenda. Instead, hes launched an Aggressive Campaign to help the coal, oil and gas industries. John yang begins our coverage. Yang with coal miners looking on at e. P. A. Headquarters, President Trump took action to undo most of president obamas Climate Change legacy. Nd perhaps no single regulationn threatens our Miners Energy workers and companies more than this crushing attack on american industry. Yang he signed an exec
They may be safe from war but they and their children are exploited and are vulnerable. Oi woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by its hard not to feel pride as a citizen of this country when were in a place like this. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff from the president today, the first salvo against his predecessors climate agenda. Instead, hes launched an Aggressive Campaign to help the coal, oil and gas industries. John yang begins our coverage. Yang with coal miners looking on at e. P. A. Headquarters, President Trump took action to undo most of president obamas Climate Change legacy. Nd perhaps no single regulationn threatens our Miners Energy workers and companies more than this crushing attack on american industry. Yang he signed an exec
Breakdown six out of 10 are down. This feels like a delayed reaction to the minutes from the released thatting is sedated take more hold interns of investor psychology. Joe deathly a continuation. Todaye down one big loser with the financials which were big gainers yesterday. We had a steepening of the curve. Banks gave up their big losses. Alix european stocks fell the most in two weeks. The day looked relatively ugly. Now that we have closed off those lows it was an impressive seachange. To point out some changes. The s p is a Straight Line kind of down. ,hat orange line moving average you dont want to see it break a long turn moving average. Definitely a technical level to watch. What helped the markets has to be retail. In particular, walmart sing the best rally in seven years. Dding 40 points you can see how ups extreme it was. Macys, target. Everything going lower. Joe target earnings, that was a surprise. The Government Bond market. We saw a big jump in yields. Today very tiny r