David asman. He announced he was yes earlier melissa youre not doing anything . Go straight to Nicole Petallides on floor of new york stock exchange. Nicole what is the mood on the floor. Is it like 24k . Theyre dancing for the mccain rally, mcshane rally, whatever you want to call it. We broke through 24,000. The dow gained 331 points. We now have closed here well above that 24,000 mark. It has been quite a run. This is our fifth 1000 milestone of 2017, all on tax relief ideas and thinking that this is going through, and brings optimism it wall street. Take a look. We have 1000 points. What drove us to this point. Best performers since 23,000. That would be nike, walmart, cisco system, intel and 3m. Those are the best of the best. Names that came under pressure. Ge with a dividend cut and restructuring, that came under major pressure. That is down, merck, ibm were laggards. The night of the election we dropped over 800 points. We all reported on it. We were at 17,000 and change. We br
Dow, it will be an eight straight month of gains for the dow and s p 500. Strugglest for the Technology Sector once again. Lets look at what happened overnight in asia. You will see that the nikkei ended up by close to 0. 6 points. Stocks in china under pressure the hang seng down by 1. 5 points the shanghai down by 0. 6 . In europe, in the early trading, it looks like there are green arrows across the board. Biggest gains from the major averages come out of germany where the dax is up almost by 0 0. 8, the ftse up by a quarter percentage points. Right now looking at crude oil prices opec and nonopec producers, ie russia, are expected to announce an extension of output cuts until 2018 a lot of concerns about that, whether there will be Sticking Points along the way thats why crude oil was under pressure yesterday things have picked up this morning with a gain of 1 for wti. Up 53 cents to 57. 82 well get a live report from the meeting of opec in vienna. Thats coming up at 6 30 a. M. Eas
20 so what does that all mean . White house director of legislative Affairs Mark Short is here, he will tell us. Matt lauer apologizing following reports that he had several inappropriate encounters with women during his tenure at nbc and now folks are asking who knew what, and when did they know it . Nbc insists none of the current executives knew anything. What about former bosses . Are there legal implications to all of this . Were on it for you. Ambassador nikki haley issues a tern warning to north korea. Stop your acts of aggression now. Will tough talk change anything . Were asking retired fourstar general jack keane. First to adam shapiro on capitol hill to tax reform and my goodness, were inching, close and closer. Mccain news, big stuff, adam. Reporter huge news what john mccain said about voting yes for the bill. It provides cover for 10 senators on the fence. But none of those senators have said no other than ron johnson. Even johnson gotten essentially what he wants as has
Which it hit and closed at yesterday, specifically this headline was the trigger. Abc news breaking into regular programming to report that flynn will testify that President Donald Trump directed him to make contact with the russians on how to fight together against isis. But then news that senators who were maybes on the tax bill front shifted to yeses. The markets bounced back as Senate Majority leader Mitch Mcconnell confirmed the senate locked up the 50 votes needed to pass the 1. 5 trillion tax reform bill. Wait until you see whats been added to the bill. No more gift card allowed . Senator john kennedy is getting to our Camera Position in washington, d. C. Right now to clarify that, and to tell us when the senate may vote on passage. Now you see on capitol hill, it is continuing. Were not quite there yet, but thats senator jim scott and were going to wait and see, got our eye on that. Plus all this as a Government Shutdown looms and threatens congressman blaine luke meyer, he rea
The dow crossed 24 how for the first time yesterday, but for the month the dow was up 3. 83 the s p up 2. 1 and the knanasdaq up 2. 17 . Telecoms led the way for the month. Check out the u. S. Futures those gains yesterday were something to see the dow Jones Crossing 24,000 for the first time the s p 500 was up by 0. 8 yesterday. All of these things we have been watching closely you are seeing a pull back this morning. Maybe related to what were seeing in europe the declines there are more significant. Declines in europe are because of the tax deal. You think absolutely. After we got so close last night. Its not just the declines in europe, europe is not matching 350 points of gains that we had here yesterday but the 350 points, that was at 4 00, all of this stuff they were supposed to vote yesterday. Im surprised theres not a bigger decline this morning based on the snags in the tax bill it was supposed to happen if we knew it would happen today, there would be further gains, now its