To see any sort of intervention in the session today . Did just get more jawboning, across from the japanese finance minister and even he seems to recognize that his comments at ba you, because he has put out a statement saying he is watching fx moves with a high sense of urgency as usual. Something he has said in the past but we will watch for a more concrete action coming through the end, holding above that 150 mark. It is really a function of the yield gap between the fed and the boj. You can see the 10 year yield just coming online fairly steady but at that level you are around six times higher than the counterpart in japan. The ggp 10year at yields. A stocks wise traders are focusing in on those bond market moves. And corporate earnings. You just mentioned meta but shares sliding and you can see that after hours move their down around 4 . The warning amongst others and on the economic outlook, so not a great lead into the session today. It is not just earnings in the u. S. There a
Plus, do republicans really want to go into the 2018 midterms having raised taxes on parts of the middle class . Ill ask republican senator rob portman of ohio. And did former National Security adviser Michael Flynn just cut a deal to cooperate with the Mueller Probe and what could that mean for the russia investigation . Joining me for insight and analysis are nbc news correspondent katy tur, hugh houston, host on the salem radio network, Heather Mcgee and Washington Post columnist michael gerson. Welcome to sunday. Its meet the press. From nbc news in washington, the longestrunning show in television history, this is meet the press with chuck todd. Good sunday morning. I hope everyone is having a safe and healthy thanksgiving weekend. There are moments in the past half century when as americans weve been forced to reexamine our attitudes and ourselves, vietnam, civil rights, gay rights. In politics, were facing the crucible of Sexual Harassment. Our revulsion at what weve learned and
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
Points s p turned negative. Down by lows to 3 points the nasdaq down by 72 points this morning a mixed bag again dow futures indicated up by 43 points s p down by 3 points the nasdaq down by 27. Overnight in asia, the nikkei ended down by 0. 3 the hang seng down by 1 shanghai down by 0. 20 in european trading, ret arroir across the board, though the ftse is at the flat line lets check out currencies yesterday cruel oil prices were down 1. 5 . This morning the dollar is up against the euro at 1. 1862 dollar yen at 112. 45 Republican Leaders in the house and senate are racing to merge the tax plans and send the bill to President Trump before the end of the year. A Conference Committee plans to reconcile the two pieces of legislation starting this week among the differences the house has four individual rates, the senate seven the house cuts the corporate rate to 20 right away the senate waits until 2019. The senate repeals the individual mandate while the house doesnt. Another point of p
Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bill, we learned nearly 40 House Republicans signed on to a letter drafted to be sent tomorrow to republican leadership, including the Senate Majority leader Mitch Mcconnell and Speaker Paul Ryan as well as senator orrin hatch and congressman kevin brady that requests the removal of this first in first out provision its a controversial proposal that has remained in the Senate Version of the tax plan that essentially requires investors to sell older stock first. It would raise about 2. 5 billion ov