Comes to the opec meeting on thursday. Spread coming in at 57 basis points. And bitcoin. Is it going to be 10,000 today . Time for the morning brief. At 8 00 this morning eastern steven mnuchin, William Dudley on the hill of the sec will all be speaking in new york at a conference on the structure of the u. S. Treasury market. At 10 00 all eyes will be on capitol hill as Senate Begins confirmation hearings for Jerome Powell. And President Trump continues to campaign for a tax overhaul. He will be going back to the white house for a meeting with congressional leadership on how to avoid a government shutdown. Thats all coming up today. The big story into ec is Federal Reserve nominee for the chair, Jerome Powell. The gap appears to be narrowing between short and longterm Interest Rate raising concerns on the future of the u. S. Economy. Joining us now is drew matus, metlife and that achievement metlife management chief market manager. Are we expecting to see anything different from the c
Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bill, we learned nearly 40 House Republicans signed on to a letter drafted to be sent tomorrow to republican leadership, including the Senate Majority leader Mitch Mcconnell and Speaker Paul Ryan as well as senator orrin hatch and congressman kevin brady that requests the removal of this first in first out provision its a controversial proposal that has remained in the Senate Version of the tax plan that essentially requires investors to sell older stock first. It would raise about 2. 5 billion ov
Strongest print in nearly three years. Busiest days of earnings the ceos of dow chemicals and ceos are with us higher in the big market. We have more clarity on media nma as it reports to via come. Futures in the green following a day where they all posted record closing highs. So again, it is the busiest day for earnings this season, two tech joints were keeping an eye on, twitter. Users were flat quarter on quarter. Facebook beat the streak last night. Boosted by greater advertising revenue for the mobile app twitters down 10 this morning in the premarket, jim. Im not one to take the other side of the trade. Stock was running for heaven knows what reason. Because i think the daily average users were pretty good, and i think it might be an inflection point, the revenues been going lets say, well call it the second derivative, theyve been going down less and the pramting is looking up i see advertisers coming towards it the new programming is doing well they have burn off on the others
Accused of pulling the trigger sits in a jail cell this morning. A community is stunned. Many gathered for a Church Service to honor the innocent lives lost. Investigators say 45yearold Jason Daltons crime spree lasted 4 hours and spread across an apartment complex, a car dealership and a restaurant. Dalton is an uber driver who passed the companys background check. Now, passengers are coming forward with their experiences of sitting in the backseat of his car just hours before he allegedly went on a killing rampage. He was leaving a bar. They say he surrendered without a fight. Hes due in court this afternoon. A disturbing crime alert in pinellas county. Two men arrested, accused of baiting and fighting animals. Deputies say the men basically implicated themselves by recording the fight and posting it to social media. 10 News Reporter Jonathan Petramala spoke with one of the men who says hes innocent. A vicious video that went viral. A pit bull struggling to get its jaws around this c
Special coverage and well have full Team Coverage over the next two hours here, bill, to talk about a lot of the market expectations. Weve seen a lot of numbers to the high side of course. Then we saw that disappointing adp jobs report today. So a lot of back and forth. Strong jobless claims. So many cross currents to work through. Of course, the story weve been following for the last couple of hours, deal or no deal . Depends on who you ask right now. Word that iran and the five world powers in those negotiations led by the u. S. In switzerland have reached an understanding that will get us to a deal by june 30th. Oil is lower on the news. Well figure out what the announcement really means. Plus well hear what president obama had to say about this development coming up a little bit here. Were also starting to hear from israel right now as well. Heres where markets stand. Well start with stocks then should talk about oil obviously. The dow is up 59 points today. A similar gain across t