Come back. Alix abigail the dow was down 1. 4 , but was scarlet asking was that is the trillion dollar question in terms of uncertainty. The kneejerk reaction we saw the headlines crossed around Michael Flynn with a mans was a massive selloff. This was on pace for the worst day since may. The russell 2000 has been down more than 2. 5 . The russelloday, 2000 had been up on the week. At those lows, it turned lower on the week. We are looking at weekly gains for the s p 500, the dow, and the russell 2000, but this tech heavy nasdaq is still on pace for weekly declines, down 7 10 of 1 . Lots of uncertainty about what this could mean. It is interesting that this comes as we are also hearing about tax reform. It seems as though it may not derail policy, but that will be something investors will have to figure out Going Forward. Lots of uncertainty, we are a risk off tone. But that being said, from a world stock perspective, this is incredibly interesting. This chart is the all world stock in
, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal
Pres. Trump together, we have dismantled kazakhstans Nuclear Infrastructure and instilled a Healthy Future for the children of kazakhstan and for the world at large. We pursued opportunities to increase investment in kazakhstan and in the Energy Section in particular. [speaking a foreign language] pres. Trump today, our Strategic Partnership with kazakhstan has advanced myself asia strategy, my south asia strategy, which is working far more rapidly than anyone would understand. And providing crucial support for our forces in afghanistan and providing safe even for safe haven for terrorists. I will say, that is a great honor. [speaking a foreign language] pres. Trump today, the president and i had a series of discussions on how our relationship and further the safety, prosperity, and wellbeing of our people. Kazakhstan is a valued partner in our reference to rid the Korean Peninsula of nuclear wealth it weapons. We are to prevent the north korean regime from threatening the world with n
Solidly higher, all in rally mode with the dow up more than half a percent, and the s p 500 up, and nasdaq up the most at 9 10 of 1 . For the dow and s p 500, the tech heavy nasdaq up for the first time in five days, putting in weekly gains, and this week we have had the pattern of bind the open and selling the close. Back to last friday, the pattern started last friday of the s p 500 higher midday only two fall. Todays trading higher during the day and finishing lower yesterday, recite a dramatic reversal with highs up more than a percent. We see right now the s p 500 flirting with that top trendline so it will be interesting to see whether or not buyers can hold on. One source of bullish tailwind, rates trading higher. That has been the case more recently when rates are trading lower the has been a tale stocks. Tailwind for that is the degree of sensitivity, but in the last five days we have had strength. There was also a bullish the apartment of energy report, and this was interesti
Just to set the scene, this is normally an oversight hearing. It is a routine hearing. What do they normally talk about and how will this be different . Normally, in an oversight hearing like this, you have a lot of questions about the routine business of the Justice Department. In this case, it would be antitrust questions, questions about civil rights, questions about criminal prosecutions. Democrats are going in with a lot of questions about Jeff Sessions in particular. Some of the events in the campaign. Some things that have come up as part of Robert Muellers investigation into broader russian mesylate medling. Publicans have developed their own set of questions. Some around the conduct of the now fired fbi director, james comey, as well as questions about a deal from several years ago involving a purchase of a uranium company. Sort of a tangled tale. Hits it jumps around and different things, but there will be some lines of questioning i think will keep recurring through the whol