Europe up more than 1 , benchmark yields relatively stable around 1. 29 futures point to a strong open as tax reform rolls through congress. We did get the meg amerger, cvs health is buying aetna it is the largest deal. Broadcom taking First Step Towards a hostile takeover of qualcomm 11 nominees to qualcomms board. Futures rallying after the Senate Tax Reform bill was passed Early Saturday Morning. Next up is conferencing the house and Senate Versions of that bill. Republicans expressing optimism, theyll get a final bill to the president s desk by christmas and a lot written over the weekend suggests theres more similarity than differences. I think where we were midday, the report that caused one the suspension of brian ross, and a belief that nothing could happen and the senate could fail, we got a classic tip down 350 points it turned out to be once again an amazing buy opportunity and now, a lot of analysts will be stuck raising numbers i say stuck because theres so much people who
Schools closed live on the ground with the very latest power lunch starts right now thanks, mel. Welcome back im Brian Sullivan dow hitting session highs up 110 points s p 500 trying to make a fourday losing streak, industrials, energy and tech leading Consumer Staples and utilities lagging. Individual companies to watch include lululemon. Shares soaring beating estimates, boosting outlook. Dollar general a nice bump topping expectations and check this ut. Ge up 2 unfortunately, because the struggling industrial giant saying it will lay offanother 12,000 people. This tile, tyler, in its power division. Thank you, brian. Bitcoin, bitcoin, bitcoin. A rhyme i could make but i wont. Wall street and main street getting caught up in the frenzy. Bitcoin, hitting 16,000. 16,000 for the first time today. Then just moments later, 17,000. And then 18,000. Then 19,000 on coin banks. Right now, on somebodys base, its 15,360. Mr. Pus pisani at home base. Keeps going up and up, firms involved in futu
Privilege. Plus stephen welcomes Sarah Paulson and john hodgman, featuring jon batiste and stay human. And now live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause band playing stephen whoo hi, everybody how are ya how are ya . good to see ya whats going on, everybody . Welcome one and all, children of all ages to the late show. Im your host, Stephen Colbert. cheers and applause thank you very much big news from the trumprussia investigation. Yesterday, we finally got congressional testimony from donald trump jr. His grilling by the House Intelligence Committee lasted the first time a trump has put in a full work day. laughter don, jr. Was there answering questions about his infamous meeting with russian lawyer, natalia veselnitskaya. laughter as you recall, don, jr. Was there looking for dirt on hillary clinton. Back in june of 2016, right . Thats what the meeting was about. And everybody was there paul manafort, Jared Kushner it was a re
Plus stephen welcomes Sarah Paulson and john hodgman, featuring jon batiste and stay human. And now live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause band playing stephen whoo hi, everybody how are ya how are ya . good to see ya whats going on, everybody . Welcome one and all, children of all ages to the late show. Im your host, Stephen Colbert. cheers and applause thank you very much big news from the trumprussia investigation. Yesterday, we finally got congressional testimony from donald trump jr. His grilling by the House Intelligence Committee lasted roughly eight hours, making it the first time a trump has put in a full work day. laughter don, jr. Was there answering questions about his infamous meeting with russian lawyer, natalia veselnitskaya. laughter as you recall, don, jr. Was there looking for dirt on hillary clinton. Back in june of 2016, right . Thats what the meeting was about. And everybody was there paul manafort, Jared
Good buy into early end and maybe beyond. But lets start with todays rally. Joining our exchange today is jim kahn, sarge gilfoy, and Rick Santelli at the cme. Rick, im going to start with you if i may ahead of the fed meeting tomorrow weve got a bit of a stealth rally in the pound the pound. The dollar over the last week or so including a little bit today how many rate hikes over the next 13 months are priced in you know, i dont know that much of the dollar activity that were seeing today is necessarily predicated on what investors think about 2018 whether its two, three, some are saying four. I really think its more of a function of the u. S. Market kind of bucking the trends of europe, the spreads of our treasuries especially the long end is distancing itself from the yields of the long end of europe and as that occurs, if you were to put that on a chart, the differential at 210 basis points seems to be one of the factors that could be dragging the dollar up a bit. More in a yearend