Hidden, we turn to you to be our strength this day. The palmist proclaims you are close to the brokenhearted and that you saved those crushed in spirit. We pray that you lift the spirit of our nation this day and guide those who represent and lead your people. Help our leaders to find good council and give good counsel and give ear to your holy words. The book of proverbs teaches us that for lack of counsel the nation fails, security lies with many advisors. Help all who advise, guide, and help to direct our government, to do so with selfless care. May they put the needs of other before their own cares and lift the burdens of those who suffer most. Mend our leaders discerning minds and hearts so that your will be done today eafer every day with which you bless us. We pray this with great faith and hope. Amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands app
Coming the new bellwethers it could be argued that ge has not been a bellwether for a very long time. Meantime tesla shares also under pressure today over under certainty around whether the electric vehicle maker will be opening a new factory in china were going to separate fact from fiction on this one. And after the bell, soon youll be able to order takeout directly from the amazon app the head of amazon payments will be joining us exculusively to talk about the ecommerce giants latest announcement. Everybodys getting into the Payment System business right now apple pay, amazon pay. International, too. Alibaba pay, ali pay. Absolutely. Lets get to the top story out of washington. That would be tax reform and a major change being floated by republican lawmakers that could have a huge impact on your Retirement Savings cnbcs ylan mui is in washington with that story. Ylan reporter bill, a capitol hill source told me they were looking at lowering the limit on how much you can contribute
And alphabet. Investors are piling in afterhours. Haidi hong kong is the newest member of a once unthinkable club, a Stock Exchange without a Trading Floor. Club would exclusive be the ones that have the Trading Floor, a club of none. About thesealked earnings out of alphabet and amazon. 2346. Look at this chart thatr 77 of companies have reported have beaten estimates. This chart showing that during the current earnings season going back 17 years. This is on an earnings pershare basis. Beat. 9, we exceeded this what is going on here . Has the guidance been conservative and analysts expectations beatendown . Or these companies are doing way better than they thought they would do. 77 doing well. The other day,le and that seems to have been put behind after those stubborn numbers out of the street of dreams on thursday. Haidi absolutely, looking at that amazon dream continue, a huge boost when it comes to sentiment. Is good andsaid it positive earnings still matter. It helps to flesh out
Gavel back in. Take you live to the floor, and today work on a number of bills including legislation that would redefine the term joint employer to ensure that franchises and temp agencies are not held liable for the working conditions of employees. Also today, several bills on veterans medical care. [captions Copyright National cable satellite corp. 2017] cappingscappings. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the speaker the house will be in order. The prayer will be offer bird the guest chaplain, chaplain michael j. Halliard, south texas veteran system, san antonio, texas. The chaplain merciful and loving god, source of life and constant guide to your people, we ask your blessings on our esteemed representatives as they continue to help govern a course for our nation and its citizens. In these days of disrepute and impropriety, keep them steadfast in their deliberations. Inspire them
Over 25 billion. Betty i think i even read somewhere that discounted at lobsters were for sale for singles day. Everything was on sale. It is going to be another we have had a whopper of the week last week, it will be another busy week. I want to point to one very key report that will be happening here in the u. S. , that is the cpi, the Inflation Report on wednesday. Right before that we have ppi. What traders are saying is this is the last Inflation Report before the fed makes its decision next month, so it comes in either too hot or too cold, that could have a Significant Impact on the fed and their decision. Lets take a quick look at this it is just a bloomberg chart i pulled up here, it shows specifically how the yield curve has been flattening out. We seem to be on this particular expected rate hike path. Futures are showing over an 80 chance we will see a rate hike next month. If wer, as i mentioned, see a really wacky Inflation Report, that could pull back expectations. Yvonne