We are under 30 minutes away from the end of the monday session. Stocks are rising shrugging off the news out of germany today that Coalition Talks have collapsed. Investors overlooking that. They think the German Economy will continue to perform. On euro was lower by. 6 news of the collapse of talks in asian trading. It then rose by the fifth of 1 . Other options include a minority government option gauges pointing to a longlasting effect of the german news. We are seeing yields declined today. Commodities and cdf. Crude hit a record and futures highs in theyear last couple of weeks. Hedge funds are pulling back with the sense that the rally has reached its limit. Middle east tensions taking a uncertainty looming over saudi arabias choice to extend opec production cuts. Just below 540,000 contracts in the weekend of november. The swissuro enabling bank to exceed its target for growth in new money for the first 10 months of the year. 17 ts under management rose at 393 billion swiss fra
Payment model. And transitioning from a fee for service to a value based reimbursement system. This event was hosted by the National Institute for Healthcare Management foundation. Its about two hours. Good afternoon. So wed like to go ahead and get started. Im nancy chockley. President and ceo of foundation and im just dlieded to welcome you all here today. We have an incredible panel of business and policy leaders. They come at the problems from different perspective. But one unifying theme between all of them is their concern for what rising healthcare costs do to americans. And the need to increase value in our Healthcare System. So each of them will present their own ideas of how to increase value or how they are increasing value in the Healthcare System. A nonprofit nonpartisan organization. And we believe by bringing people together with different perspectives, we can improve healthcare through evidence and collaboration. We have a wonderful audience today. I recognize some of y
This song cannot be played enough this time of year its the best new original Christmas Song it is outstanding good morning a warm welcome to Worldwide Exchange on cnbc. Its december, happy christmas i can start saying that now. It is im wilfred frost im Courtney Reagan in for sara eisen ive been celebrating for a couple weeks now you were celebrating thanksgiving initially its a blend. Courtney does do the best internal decorations her desk is epic its pretty good. I may have to sit at it later and take a picture and say its mine you can claim the credit and move on. Lets check the markets we did mention at the top of the hour that futures are pointing to a lower open after another record day on wall street. You can see the dow jones is positioned to open lower by 19 points if it were to open now, we know we have 4 1 2 hours to go. S p 500 and nasdaq pointing to a lower open we got this delay in the Senate Tax Reform bill passing late yesterday. As we look at whats going on with the t
The dow crossed 24 how for the first time yesterday, but for the month the dow was up 3. 83 the s p up 2. 1 and the knanasdaq up 2. 17 . Telecoms led the way for the month. Check out the u. S. Futures those gains yesterday were something to see the dow Jones Crossing 24,000 for the first time the s p 500 was up by 0. 8 yesterday. All of these things we have been watching closely you are seeing a pull back this morning. Maybe related to what were seeing in europe the declines there are more significant. Declines in europe are because of the tax deal. You think absolutely. After we got so close last night. Its not just the declines in europe, europe is not matching 350 points of gains that we had here yesterday but the 350 points, that was at 4 00, all of this stuff they were supposed to vote yesterday. Im surprised theres not a bigger decline this morning based on the snags in the tax bill it was supposed to happen if we knew it would happen today, there would be further gains, now its
Should be focused on what is it welcome to power lunch we are in rally mode the nasdaq hit its first record for december the dow jones and the s p 500 on the fourth straight week of gains. Consumer discretionary moving big. Underarmour moving higher. Kohls also. And take a look at the electronic retailer, up more than 50 this year thank you we begin this hour with tax refo reform expected to be agreed torsion signed, eventually unveiled to the public later today we still await the final details of what is in and what is out. Live in washington reporter two sources now confirming to me marco rubio does plan to support the republican tax bill. They put in some lastminute changes to win him over. Namely increasing the refundable portion of the Child Tax Credit. Just about an hour ago, kevin brady who chairs the ways and Means Committee spoke about at the chances of the bills passage, not just through house but also the senate where republicans have a very narrow margin im confident at the