Anchor u. S. Lawmakers have voteted narrowly to repeal barak obamas Affordable Health care act, also known as obamacare. Against inor, 213 the republicancontrolled house of representatives. The bill must now go to the senate. Reviewing obamacare was a key Campaign Pledge for president Donald Ramotar repealing obamacare was a key Campaign Pledge for president donald trump
The American Medical Association has criticized this new bill, saying that millions of people will lose their coverage. White house correspondent Philip Crowther explains just how close todays vote was. Philip it is a tight vote. All democrats decided to vote against this bill and 20 republicans also decided to vote against it. These are largely republicans who are in districts where in 2018 when the midterm Elections Come along, they might be in a little bit of danger if this doesnt work out for them. In other words, if a lot of americans do end up losing their Health Insurance, because of this bill, if indeed it makes it to the senate and is validated by the senate and is been signed into law by the president. And is then signed into law by the president. The previous version of this bill was going to lead to 14 million americans losing the Health Insurance by 2018. That was according to the cbo. For this one, the one that has just been voted through, there actually isnt a score from
Clues for President Trumps fiscal policy and tax cuts. We are 30 minutes into the trading day. Abigail doolittle has what is going on beneath the surface. The dow s p 500 and the nasdaq trading down ever so slightly around the open. This does follow weekly declines for the major averages. Two weeks of decline. On pace for a third week down. Worth noting that was the most since the middle of october. A little bit of bearishness. Arequestion is whether we going to see a burst of intraday volatility. Be seeing these bursts of volatility, but when we take a look at the we are looking at a very tight range of the s p 500. It has been 30 days since the s p 500 has made a 1 move up or more. And it has been a record since 2006, a record of 70 days. We are seeing more volatility on the day, but on a closing basis not so much. It will be interesting to see if it does catch up. Aroundthe movers here the open, we are looking at qualcomm. Its worst drop since november 2015 since apple put out a law
Is the dollar falls against all major peers. Investors are looking for clues from President Trump on fiscal policy and tax cuts. Mark european equities are trading just under 30 minutes to the end of the monday session. Mpme certainty about the tru regime that is causing a flight to quality. America first, that rhetoric is bringing forth images of protectionism, which is concerning. Stocks are down, these currencies are rising against the dollar. Its a big drop in the dollar byay, sterling up i. 9 . 9 . Commodities and cdf, gold is the ultimate haven, rising today. Choosing the right stocks, heres a question for you, might be easier in the earnings season. This is the degree to which the euro stoxx 50 moves in lockste p. This is the lowest in six years, the degree to which they are moving in lockstep is the lowest. Shares arethat likely to take their cues from earnings results. Rather than external factors. Those predicting equity correlation will remain low. As a fascinating chart, wh
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