Morning. Every segment of taxpayers, every category of taxpayers get significant believe. 200 a year, but the regulatory believe, the reasons the economy is beginning to pick up. I think this is going to get them going again. Lawmakers make christmas push for the reform coming out this morning. Rising threat launching joint air drills following yet another missile test for north korea late last week. One lawmaker is calling on the government to remove u. S. Military families from the region. In practice this morning on fire expecting a pretty good rally on the heels of the Senate Passage of the tax bill is better than 200 points right now complete reversal from fridays uncertainty. S p 5002 thirds of a percent of the nasdaq up one half of a percent by now. Dft 103 quarters of a percent right now. Cac up 1 of the dax up one and a quarter . Asian markets next at the close does he see shanghai japan lower. Hang seng at the court of a percent of the kospi of better than 1 . Drivers with an
The future of Americas Health care . Early today starts right now. Good wednesday morning. Im frances rivera. It was the third longest state of the Union Address in history. President trump delivering remarks before a joint session of congress. He spoke to the American People as the shadow of the russia investigation looms over his administration. Looking to strike strike a conciliatory tone. This despite 13 democratic lawmakers boycotting the president s speech altogether. The Congressional Black Caucus taking to the house floor with traditional african cloths over their shoulders in protest of mr. Trumps alleged shole comments against haitians and african nations some weeks ago. Mr. Trump using the occasion to tout the accomplishments of his first year in office. The state of our union is strong because our people are strong. We have created 2. 4 million new jobs. After years and years of wage stagnation, we are finally seeing rising wages. Unemployment claims have hit a 45year low.
The future of Americas Health care . Early today starts right now. Good wednesday morning. Im frances rivera. It was the third longest state of the Union Address in history. President trump delivering remarks before a joint session of congress. He spoke to the American People as the shadow of the russia investigation looms over his administration. Looking to strike strike a conciliatory tone. This despite 13 democratic lawmakers boycotting the president s speech altogether. The Congressional Black Caucus taking to the house floor witha their shoulders in protest of mr. Trumps alleged shole comments against haitians and african nations some weeks ago. Mr. Trump using the occasion to tout the accomplishments of his first year in office. The state of our union is strong because our people are strong. We have created 2. 4 million new jobs. After years and years of wage stagnation, we are finally seeing rising wages. Unemployment claims have hit a 45year low. Africanamerican unemployment st
Bloomberg exclusive, three hours to set you up, but first, a look at the markets. Yields moving higher from here. Mark lets get you up to speed. Futures on the front foot at the moment, firmer on the s p 500 after yesterdays alltime high. Look at the moves in japan. The nikkei up by two point five Percentage Points and it is a twoday rally up over six fourth Percentage Points. More stimulus potentially from the japanese government. The nikkei rallied and the yen declined. Weaker japanese yen and the dollar yen trading with a 103 handle an approaching one of four. Cable rates gaining as well. The pound doing very well. It is a firmer story for risk assets, but this is what i find the most interesting. We talked about highly correlated markets, equity markets at record highs and bond yields at record lows. Today is different. Equities on the front, bond on the back, little defensive. Yields going much higher. 30 year yields up seven basis points. Yesterday, there was an auction of threey
Tell you about outside the world of business. At least 8 people are dead and five more believed missing after severe flooding yesterday near the utah arizona border. Heavy rain swept away a roadway and these are floods that came up very suddenly. Three people at least have survived the incident. There are at least approximate 13 fires burning right now. Hundreds of homes destroyed. Well have more on both of these developing stories a bit later this morning. First andrew has todays business headlines. Lets get you caught up on the stories this hour. The bank of japan is holding off on expanding its Stimulus Program but warning that a slow down was putting further strains on the economy. Some economists say the boj could ease again next month. Well watch that. Take a look at whats going on with the nikkei closing today marginally up about. 34 . Also we have stocks closing down more than 3. 5 and at a 2. 5 week low, the Global Markets all waiting to hear from the fed on thursday. Thats th