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He basically said the border adjustment tax as written, current language from the gop is mot something the white house would support. This comes about a day after a reuters story where donald trump seemed to hedge a little bit on that and seemed to suggest some support. Cohen seems to back drtrack on this morning. Could it be reworked . It also comes 24 hours after treasury secretary Steve Mnuchin told our becky quick that all options are on the table still. The cohnspecific negative sentiments were specifically on the actual language, the actual talk that the gop has had specific language. I think it certainly could be reworked. He did not say that the concept was objectionable but the way it was worked out. Dan, longtime finance guy, covering banking, private equity, et cetera. From your market expertise, its brian sullivan. From your market expertise, do you think that the market is maybe overreacting to the upside, given your s ....
It is an exclusive you wont see anywhere but on cnbc. As you were saying a positive month but ending with losses with the dow and s p 500 down for the third time in four days now. The nasdaq down for a fourth straight session. It is currently off by over 1 . The major averages up however, for the month of april. Having their biggest drops today, though since april 17th which is approximately two weeks ago. Check out oil, though having its best monthly gain in six years. Crude is up more than 24 over that period. Bertha coombs is at the nasdaq jackie deangeles at s p. Bob, is there something more to this . I think the problem is we have continuing concerns about the inability to get earnings up significantly. Were flat but not moving up very much. I think we would have ended april last week because youre right, we havent had any energy at all this week. Look at the s p 500. Were to the downside and moving sideways and were at the lows for the week. Really were having a lousy week overal ....
Your time. Specifically for time wasted by airlines if your flight is late, if your bags dont make it, you get cold hard cash fast. The man behind this company is here this hour. Well talk all about it. First, though, to sue at the nyse. Thats a fantastic story. Coming up in a little bit. We are going to start out with auto sales today for the month of may. They were very strong. Gm, ford, toyota, and honda have all been on the upside. Though now honda and First Trust Global auto, which is the etf that tracks the auto industry, are both on the downside there. Phil lebeau is behind the wheel with some of the details on some pretty stellar results, phil. Much better than expected, sue. You look at the Sales Numbers for the month of may, almost all of the major automakers Beat Estimates anywhere between 2 and 5 . Couple ....