Hours, lets get a check on where stocks are trading with julie hyman. The big note big news coming after the market close on friday. We knew that the healthcare bill would get voted on, but we had an initial reaction that has faded. Julie it has been fascinating watching the reaction evolve or people make sense of it. This is something we have an having an ongoing discussion over as well. What does this mean for tax reform, according to investors question mark how important is it that it get done by a certain time and on a certain timeline for the markets and will the rally stop at some point if it doesnt get done . Today the assessment of these questions is relatively benign if you look at the market action. We have indeed come back from a deeper deficit earlier in the session out of the gate this morning. The nasdaq was up as much as one quarter of 1 , moderating those gains, but we are not seeing a big selloff in reaction to the Health Care News from friday moving forward to the pro
Hours, lets get a check on where stocks are trading with julie hyman. The big note big news coming after the market close on friday. We knew that the healthcare bill would get voted on, but we had an initial reaction that has faded. Julie it has been fascinating watching the reaction evolve or people make sense of it. This is something we have an having an ongoing discussion over as well. What does this mean for tax reform, according to investors question mark how important is it that it get done by a certain time and on a certain timeline for the markets and will the rally stop at some point if it doesnt get done . Today the assessment of these questions is relatively benign if you look at the market action. We have indeed come back from a deeper deficit earlier in the session out of the gate this morning. The nasdaq was up as much as one quarter of 1 , moderating those gains, but we are not seeing a big selloff in reaction to the Health Care News from friday moving forward to the pro
Happy monday. Im melissa lee. The dow was down about 184 points at session lows. The nasdaq has turned positive thanks to strength from biotech names like regeneron. The worst performing sector, down by half a percent. Well have much more on the bank selloff straight ahead. Here is what else is happening this hour. Some news you heard exclusively here on cnbc, sources telling us bill gross has settle his lawsuit against his former employer pimco between 75 million and 100 million. The number around 81 million. Gross filed the original 200 million lawsuit back in 2015. His dismissal from pimco was a breach of contract. Amtrak derailment with no injuries reported. The investigation is widening into the terror attack in london. Uk police say there is no evidence the attacker discussed his plans with anyone else or any other group. Melissa . We have a very busy two hours ahead. We kick things off in washington where the Trump Administration is trying to turn the page following last weeks f
So i, obviously, all of what i know has been available through Public Comments. I know that chairman nunes has confirmed that he was on white house grounds tuesday and, frankly, any questions regarding who he met with or why he was here should be referred to him. Ive seen some of the comments that hes made to your outlet in particular about who he met with, and i would, i would refer you to his comments that hes made. Im not going to get into who he met with or why he met with them. I think thats something that he has made very clear and ill let him answer. This is a he is the one who has discussed what he is reviewing, and so i will leave it up to him and not try to get in the middle of that. [inaudible] im asking a slightly different question. Okay. At least im trying to ask a slightly different question which is does the white house know what happened now beyond public accounts, and are you satisfied that you dont have an inappropriate leak in the executive branch . No, im not, were
Not confidence that ryan can deliver. Rose and we look into the question of truth with nancy gibbs, the editor of Time Magazine and David Leonhardt of the new york times. What we have here is a case in which the current president speaks so many untruths, just again and again and again and again, about the murder rate, his electoral marge, about the crowds during inauguration day, about j. F. K. s assassination, about 9 11, about president obamas worth i about president obamas wiretapping, and i could go on with 20 more, he speaks so many untruths that i think with we have to conclude that he doesnt feel bound bid truth. Rose finally, Actor Richard Gere talking about his new film, norman the moderate rise and tragic fall of a new york fixer. The interesting thing i found out about norman and playing him, which surprised me, is that there was no anger in him. He gets hurt, and hes humiliated time after time. This is kind of a charlie chaplain side of him. Theres no anger. Rose a look at