Welcome, everybody. Congress approved the most sweeping overhaul of the u. S. Tax code in decades. Altering the finances for businesses big and small and households across america. The rewrite is the biggest legislative achievement for republicans since they gained control of the white house and both chambers of congress. The Senate Passed the measure overnight. The house passed it again after a snag that we told you about yesterday forced another vote today. Its been an amazing experience, i to tell you. Hasnt been done in 34 years. But actually really hasnt been done because we broke every record. Its the largest i always say the most massive but its the largest tax cut in the history of our country. And re the president hasnt signed the bill into law quite yet. And he may wait until january. The timing depends on the outcome of separate ta speaking of which, agreeing to a spending bill is the next legislative challenge. And lawmakers only have a few days to do it or risk a governmen
Points, as investors ran from equiti and towards the safety of government bonds and gold. A weak reading on trade out of china reawakened concerns that slower globa growth may be at hand. Just as the federal reser consids an Interest Rate hike later this year. There is also the issue of earnings which as we reported, did not get off to a great start yesterda t then midday, oil moved higher, and investors shook off growth, Interest Rate, and profit concerns. And just like that, the losses repaired. The y finished with the dow jo losing 45 points to 18,098. The nasdaq was off 25. And the s p fell six. Lets turn to david leibovz to talk more about the market and whether we can expect more volatility. Hes global strategist at jpmorg asset management. David, welcome, good to have you with us. Is this a time between now and lets say the election, now and year end, when we should be o i t investors should prepared for a little more volatili. Obviously the next couple of weeks, if the politica
Points, as investors ran from equiti and towards the safety of government bonds and gold. A weak reading on trade out of china reawakened concerns that slower globa growth may be at hand. Just as the federal reser consids an Interest Rate hike later this year. There is also the issue of earnings which as we reported, did not get off to a great start yesterda t then midday, oil moved higher, and investors shook off growth, Interest Rate, and profit concerns. And just like that, the losses repaired. The y finished with the dow jo losing 45 points to 18,098. The nasdaq was off 25. And the s p fell six. Lets turn to david leibovz to talk more about the market and whether we can expect more volatility. Hes global strategist at jpmorg asset management. David, welcome, good to have you with us. Is this a time between now and lets say the election, now and year end, when we should be o i t investors should prepared for a little more volatili. Obviously the next couple of weeks, if the politica
Points, as investors ran from equiti and towards the safety of government bonds and gold. A weak reading on trade out of china reawakened concerns that slower globa growth may be at hand. Just as the federal reser consids an Interest Rate hike later this year. There is also the issue of earnings which as we reported, did not get off to a great start yesterda t then midday, oil moved higher, and investors shook off growth, Interest Rate, and profit concerns. And just like that, the losses repaired. The y finished with the dow jo losing 45 points to 18,098. The nasdaq was off 25. And the s p fell six. Lets turn to david leibovz to talk more about the market and whether we can expect more volatility. Hes global strategist at jpmorg asset management. David, welcome, good to have you with us. Is this a time between now and lets say the election, now and year end, when we should be o i t investors should prepared for a little more volatili. Obviously the next couple of weeks, if the politica
This is al jazeera ah. At mccloud, this is in use. Our life window are coming up for the next 60 minutes. Brazil holds its most device if it president ial votes with a former president looted to silver running against current liter, jaya austin, i heard were inside the city of leman, that ukrainian troops of retaken from russia. After weeks of fighting this Russian Orthodox monastery has been a place of pilgrimage for centuries. But now the ukrainian soldiers here tell us they fear the priests in slide, a sheltering what they describe as russian collaborators finances new military lead abraham true. He says he has accepted the resignation of his predecessor, pull or read the amoeba. Indonesian authorities revise the death toll from a football Stadium Stampede to 124. And i repeat a similar to the sports, the blue half of manchester, celebrating as says he defeats united 63. 00 in the darby with Earling Holland and full vote and both scoring hendricks. So voting is underway in brazil, i