Will take we dont know if the president will take questions, but his recent predecessors have usually held a prechristmas News Conference to talk about the years achievements. Marriage garrett is on the south lawn wait Major Garrett is on the south lawn waiting. Reporter welcome to a warm afternoon here in december on the south lawn. You can see republicans behind me republicans in the house and senate, the combined leadership of the two chambers of Congress Awaiting the president s arrival. Here is the president of the United States. [ music ] ladies and gentlemen, the president of the United States accompanied by the Vice President , the speaker of the house, and the Senate Majority leader. [ applause ] [ music ] it will be interesting to see what sort of questions the president takes beyond the tax bill, which is the largest tax overhaul since 1986, 1. 5 trillion in total, providing a great deal of tax relief to everyone, including businesses. In the past, president ial predecessors
That we are going to bring back jobs and wealth that have left our country in most people thought left our country for good. Maria what the proposal means for big business in new money coming up. The market this way after pretty good job yesterday. Investors have a final reading on secondquarter gdp due out in about two and half hours. Could be a market mover. The european indices this morning looking higher across the board. The dax index of a third of a percent in germany. St 100 in theacm fractionally. Asia overnight markets close this way. The nikkei average in japan up half a percent. Hang seng in hong kong down 1 . Also watching oil prices this morning. Crude oil touching its highest level since april 1952. 73 a barrel of other than 1 . Equifax apologizes as the newly minted ceo says hes sorry in a wall street journal oped to make things right and customers lock and unlock for life. The new production you need to know before ordering your new next iphone. The stock this morning n
Senate republicans passing a 4 trilliondollar budget, clearing way for tax reform but there are still hurdles again. President trump showing the notion that there could be four, possibly five tax brackets in the plan. Come on. More on this in interview with Maria Bartiromo. Among our guests steve forbes, brad blakeman, lieutenantgeneral Thomas Mcinerney and Gregg Jarrett and tmz founder, harvey levin. David what a week of records it has been. S p and nasdaq closing at new record highs as well. Lets go straight to Nicole Petallides on the nyse. Futures showed downward arrow, all red. What happened . The momentum picked up throughout the day. Ge a big laggard came off the lows. Were talking about what happened in washington. The financials climb on top of tabs reform once again. As they move forward, Senate Passed the budget as a step to move all of this forward. Here is look at financials running up on this particular topic. Names such as jpmorgan, bank of america, pnc, hitting new high
American users. Former kgb spy turned American Patriot jack daughter can jack bar sky might know, he spent ten years hiding in plain sight in the u. S. As a soviet spy. He is about to reveal russias propaganda techniques of 2017. Plus, the former fbi bigwig who spent his career chasing soviet spies just like jack, theyll give their two rubles, so to speak, on the Russian Election probe. And right now behind closed doors were hearing that how Speaker Paul Ryan is on capitol hill feverishly working to iron out last minute details before the president presents the tax plan to the american people, the big unveil. Will wall street and regular joes like you and i get the answers weve all been waiting for on what we will see as far as tax cuts and or reforms in our allstar panel is weighing in with the latest breaking news. On wall street, stocks tracking for their best monthly gains since february as the nasdaq tries for another record at the close. A lot of news packing in right now. I need
Weve seen since the election. The nasdaq is indicated up by 8. 5 points. Well talk to the nasdaqs ceo later this morning. Look at what happened overnight in asia. The nikkei was up by 1. 1 . Markets in china also closed higher with the hang seng up by a half percentage point. In europe this morning, in the early trading thats taking place, you can see things are relatively flat. Across the board. The ftse, the cac, and the dax all sitting within points of where they closed yet. Its been a big couple of days for markets there. Pepsico just out with earnings. The number is a core earnings of 94 cents a share. That Beat Estimates by two cents. Revenue also coming in a little above expectations. Talking about what happened with this quarter, she said they achieved solid Revenue Growth in the First Quarter, underpinned by global volume growth. Despite what she calls a challenging food and Beverage Industry thats been trading conditions in north america and continued volatility in developing