Similar gains by the cac in france, the dax up by 0. 3. The tenyear yield has been hovering near the lows the yield sitting at 2. 172 . A little higher than where we were this time yesterday crude oil down again yesterday after being hit hard the day before wti is up by 19 cents. Still below 45, 44. 65 we have a couple big stories were watching this morning. Russias Defense Ministry checking to see if an air strike in syria killed the leader of isis unconfirmed reports say that the leader al baghagi had been killed in air strikes. An upstate on steve scalise. He is in Critical Condition this morning after undergoing more surgery yesterday afternoon. Is he expected to need multiple operations to stop the bleeding and repair internal organs he was shot in the hip at a congressional baseball game on wednesday. New this morning, china removed 27 restrictions on Foreign Investment and free trade zones. Chinas free trade zones enjoy loser trade. They specify areas off limits to foreign capit
[applause] thank you are coming. Its my pleasure to introduce to you, commissioner michael bueller. He was appointed to the Security Commission by president obama and is sworn in an august 2013. He was delegated by President Trump to be in german in that capacity from january 23rd of this year to may 4th. His term expires in june 2018. Previously, dr. Pirowar worked at the sec in the office of Economic Analysis with the division of economic and risk analysis as an academic scholar from iowa state university. He was a professor of finance at iowa state university, earned a ba in Foreign Service in International Politics that can take an from georgetown and phd from penn state. Today we are not going to have a set presentation, but instead a formal question and answer format. Im going to ask mr. Pirowar a number of questions and then we will open it up to the audience so you all can participate in the discussion. Commissioner pirowar come with the new chairman of the securities and Excha
Off of 11week highs in europe. Lets look at the action in the crude markets. Opec members have agreed to cut production. Wti down today 1. 2 . Brent down 1 . Taking a breather. Its been a torrid run in the oil market. U. S. Federal reserve will announce the latest Interest Rate decision. The fed expected to raise rates for the second time in ten years. Also expecting an updated economic and Interest Rate forecast. You can watch all of this, the full coverage of the fed announcement and Janet Yellens News Conference on cnbc. There are a few other key reports to watch today. Heres whats happening. 8 30 a. M. Eastern time, the Producer Price index and retail sales come out. At 9 15 a. M. , Industrial Production and business inventories for october. Thats at 10 00 a. M. Eastern time. Now lets talk a bit of politics. President elect trump will be holding a roundtable summit with Tech Industry leaders today. Among those expected to attend, the man who put this together, peter thiel, bet on t
Good afternoon. We have the best reporters in the business tackling this massive news day for you. Bob pisani is live at the new york stock exchange. Eamon javers is standing by on capitol hill. Lets start with john harwood live outside of trump tower. John . The president elect, donald trump, had his first News Conference in months since july, actually. And he addressed a wide range of controversies that have been dogging him over the last several weeks. Lets start with a bit of policy news. You heard about the or you eluded to the farmna npharma ne. On obamacare, he wants a virtually simultaneous replace and repeal process, so that within even the same hour or the same day or couple of days that they would offer an obamacare replacement plan to a company, the repeal process. He said he would announce a new Supreme Court justice, his choice for that position within two weeks of his inauguration. So, that is something to watch. The most interesting things he discussed were, first of al
Regulation, cybersecurity and possible conflicts of interest. This is 2 and a half hours. [inaudible conversations]. [inaudible conversations] [inaudible conversations] we will come to order. We will hear testimony on the nomination of jay clayton the chairman of the United States securities and Exchange Commission. Mr. Clayton has extensive experience in our Financial Markets is a highly regarded securities lawyer. For decades he has helped Companies Access our Capital Markets. Increase their ability to invest in the United States and growth and create jobs. One area in which he has already indicated he will focus is Capital Formation. Capital markets drive innovation and job creation and axis is the lifeblood of our economy. The jobs act helped revitalize the primary markets in both congress and should allow companies to the public and allow investors to share in their success. Recently this committee marked several bipartisan securities bills and encourage you mr. Clayton, if confer