President trumps address to congress hoping to get more details about tax reform y. Hope you saw senator oren hatch talking earlier today. He said tax reform could be difficult to get done. As far as changing the Current System that is very difficult because democrats are not cooperating. It seems when you get a brand new president you ought to be at least seeing what can be done. They are not only not supporting him but fighting him with everything they got. Many major averages took a small leg down on the comments but not by much. We will see what happens here. You can see shares of the major brokerages both cutting online commissions. We have a fee fight today. All stocks are getting hit hard on the news. You can see Td Ameritrade down more than 9 . We are going to get you details. Panel of Retail Investors to respond to all of this. Im sure are loving these lower fees that they pay for trading. Target ceo speaking exclusively to our courtney reagan. We will delve into those comment
Obamas proposals. I think in seven, eight years, it got one vote. The bottom line is i increase the the, i appreciate continue crease in military spending but youre undercutting the war. Then there is Division Within the Republican Party about how to replace the repeal and replace after a draft leaked out. And there were some responses not everyone agreed with. Of course, the back drop is the president attempting to set the table many front of the joint session of gong what his administration will do. About what the next four years will look like. Heres what we can expect. A very large focus on the economy. What has already been done and what is still to come under what the president has called his America First policy. And then expect immigration to figure prominently on the portion of the speech about national security. It is still unclear whether his talk on immigration will be about a more hard line stance like his administration has previously taken and whether we would see a new
The search giant is getting in on the streaming game with a competitor to the traditional bundle. Its wednesday, march 1st, 2017. Worldwide exchange begins right now. Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Lets get to the markets. The dow closed down yesterday. A massive 0. 1 . Are you all right . Are you all right . You werent impressed any way. I wasnt impressed any way. But the end of this record streak must be heart break. After 12 record closes, it took a pause. Futures show us back up. But alas, that record long streak is broken. The markets have had a great run. They had a great run for the month of march. The dow finishing just shy of 5 higher. Nasdaq and s p up about 4 . Despite those slight declines yesterday, we are called higher to start march by 84 points on the dow. The zap by 11, and the nasdaq by 4 points. The bigger market story than that trump speech was the change in fed rate hike expectations. Over the last day or two t
First to our lead. Snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 24. 28. Fore closing at the maker of the disappearing photo app ended a long tech ipo drought. We caught up with our Bloomberg Technology reporter alex barinka and sarah frier, who covers snap. If you think about the range, typical ipo, 20 to 30 . This one will have more buzz baked in. If you look at twitter, it was, what . 70plus percent on day one . Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the ipo for investors. It has almost tripled its ipo value, facebook down 31 after one year. Twitter, down 10 , now down 65 . Talk us through the managing of expectation. The roadshow was not all smooth. Many questioning the user growth. Absolutely. This is a company tryi
First to our lead. Snap wrapped up its first day of trading thursday. Shares closed up 44 from its listing price. It reached a high of just over 24. 28. Fore closing at the maker of the disappearing photo app ended a long tech ipo drought. We caught up with our Bloomberg Technology reporter alex barinka and sarah frier, who covers snap. If you think about the range, typical ipo, 20 to 30 . This one will have more buzz baked in. If you look at twitter, it was, what . 70plus percent on day one . Facebook less than 1 . When i look at trading and how the stock was around that 25 mark all day, it was stable. We saw it selloff towards the end of the day, but it seemed like a decent way to go out. No one is complaining about the ipo for investors. It has almost tripled its ipo value, facebook down 31 after one year. Twitter, down 10 , now down 65 . Talk us through the managing of expectation. The roadshow was not all smooth. Many questioning the user growth. Absolutely. This is a company tryi