For republicans, the house passed gop bill to overcall the nations tax code, mike pence praised the move. America has momentum. People at the Tax Foundation in order to turn this momentum into sustained Economic Growth you know theres one more policy more important than anything else. Donald trump and i will be fighting every day to pass the largest tax cut in American History and we will do it is your. Maria the Senate Finance committee voted in favor of its own bill, lawmakers facing an uphill battle, the full senate expected to vote on the bill a week from monday. The house built didnt stop surging, indicating a full back at the opening of trading after triple digit move yesterday, the industrials opening 30 points, fractional bill, nasdaq is up by a fraction. Donald trump tweeting on passage saying great numbers on stocks and the economy if we get tax cut and reform, we will see Great Results in europe major averages look like this, it is a mixed story. The s p down a fraction, the
Market is back up to momentum today with dow industrials set to up 13 points, nasdaq, s p up a fraction. Ftse is down a quarter of a percent. But the cac quarante in paris and dax index in germany are up. In asia markets closed mostly higher. Nikkei average in japan best performer up about 1 . Breaking news right now, new Orleans Police officer shot and killed in the line of duty. Shooting took place during routine patrol, we have the very latest developments out of new orleans earlier today. The devastation in california meanwhile spreading, the death toll from mass i have wild fires now rising to at least 31 making this the deadliest week of wild fires in the states history. Hollywood Sexual Harassment scandal expanding, head of Amazon Studios facing accusations and actress slamming at jeff bezos over twitter. Plus new questions over Harvey Weinstein, report saying that his contract essentially allowed for Sexual Harassment, the explosive details ahead. All the stories coming up this
Futures indicating a higher opening, take a look. Dow industrials up 28 points right now and nasdaq also higher about 13. Global markets look like this. Sizable moves but we are seeing markets stabilize this morning. European indices are higher across the board as you see half a percent on average. Onto asia we go, asian markets looking like this this morning. Nikkei average up a fraction. Hang seng as well. All the major averages, but just fractionally. Take a look at oil prices, briefly hitting 50 a barrel. The move higher ahead of next weeks opec meeting. Oil at 49. 84, up 1 . A horror in the heart of new york city to report. A car plowing into crowd. Ibm getting Remote Workers ult ultimatum. Launched an app to disrupt the trucking business. How that works coming up. Recordbreaking option, painting by John Michelle becoming becoming the most expensive ever sold by an american artist. The eyepopping price tag, what it says about the art market and the rest of the market coming up. Al
President trump getting assassinated. The outrage coming up this morning. The gulf coast face it is fallout of Tropical Storm sendy, tornadoes slamming alabama leaving a path of destruction. Today marks a year since britains historic vote to leave the european union. British Prime Minister theresa may detailing plan for eu citizens to stay in the country after the exit and American Airlines not too happy with possible investment of Qatar Airways. Why american ceo is pushing back on that buy. Plus the big banks and what that means for President Trumps regulation plan. Markets look like this this friday morning. We are expecting markets to open mix. Nasdaq up 6 points this morning and in europe take a look at indices right now. As you see weakness across the board. Ftse down, almost half a percent. Cac quarante also weaker and dax down as well. Many asia markets closed like this. Best performer kospi and shanghai. All those stories coming up this morning and joining me to talk about it l
Need to know ahead of those numbers. We are coming off of another record close for the dow industrials, 24th alltime high this year. Futures indicating a bit of a pullback this morning, fractional move coming off the high. Dow industrials set to open up ten points and whether or not that changes things. The european markets are mixed, european indices as you see there, majors are flat. In asia overnight gains across the board to report, fractional moves, nonetheless but in the plus column. Planet of the apes swinging back into theaters full Box Office Preview later this hour. Joining me to talk about it Dagen Mcdowell, kings View Asset Management scott martin is here and research chief, Research Officer. Good see you. Dagen great to see you, coming up we were at the Berkeley Center for the third stop at the Connor McgregorFloyd Mayweather. You interviewed him. Dagen youve gotten paid, not so much. We have a very heated debate about who can win fight. I will put money down on the fact t