jumping into the bitcoin game wall street legend art cashin has a bitcoin prediction for 2018 we ll tell you what it is in a couple minutes can t wait for that. plus the question everyone wants answered, will my taxes go down because of this bill? we got a financial adviser who breaks down the impact of the tax reform bill coming up in a little bit. we begin in washington today, lawmakers are expected t vote in a little less than two hours on the legislation to keep the government from shutting down let s get right to kayla tausche for the very latest right now. kayla? reporter: bill, they ll vote on the house s version of thereat legislation that was published overnight. it would be a short-term extension of government funding at current levels through january 19th, as well as funding for some critical programs like children s health insurance. and the fisa surveillance program. in addition, the house is going to consider an $81 billion disaster relief bill they ve b
trade. here s a good example. 3m, down $4, 1.6%. that s almost 30 points in the dow. another big industrial name. excuse me, scott, let s move over here and showing you boeing down almost $4 that s another 30 points essentially off the dow, 1%. another big industrial name. then we get to some very specific stores, this health care story we ve been telling you about, the berkshire story and amazon story look what it s done to united health group this is the biggest health insurer in the united states dow component. $10 to the downside, that s about 70 points in the dow jones industrial average another specific story mcdonald s down $6 mcdonald s had good earnings beat but they have that big $1 menu there are concerns that cheap menu might drag down growth. that s another 40 points you put these four stocks together, that s about half the decline in the better than 300 points we saw? it the dow dow is price-weighted. there s not much positive today, but the market is very defen
up huge in the morning only to nose dive in the afternoon and recover as we approach the close. after what i regard as a crazy session. what do you do in the market goes haywire well i will tell you what i have been doing, you fall back on long-term themes many so you can use these gyrations to your advantage. like two of them we are going to feature later on in the show many of you are scared of buying on the way down. i understand that. you fear something is happening. something bigger and badder that you don t know about that is almost never the case. given the fabulous rank in the economy both here and around the globe, i think we can handle it. no systemic risk right now i want to look at this risk the same thing you approach a flash sale selloffs may not last long enough to make it to the mall before they vanish so you need to have a list like the kind of list i put together for club members where you say that s it, time to pull the trigger. this way your decision marke
ft 100 of fractionally. asia overnight markets are lower with the exception of japan which was up about a fraction. devastation in puerto rico. the entire island this morning is about power after hurricane maria slammed catastrophic flooding. very serious. both territories are basically without power and will be for a very long time. they both had very fragile power systems. we don t have a good handle on the search and rescue at this point from the standpoint of fatalities were people trapped theater folks are moving out as soon as the weather allows encoding to be performing delayed safety missions. maria: we are following maria s path as the storm battered the dominican republic. a daring operation underway in mexico. rescuers in a race against time this morning to free a little girl trapped under the rubble of her school following tuesday s devastating earthquake. the latest from mexico city coming out. president trump continues to deliver strong message in your beard t
scent of print alexis tsipras has sent a letter to the creditors last night. they have been demanding changes in greece s pension system. tsipras has proposed that the bailout deadline be extended by two years. president obama said the president problems increase would be felt worldwide. president obama: it is painful for the greek people and it can have a significant effect on growth rates in europe. if europe is not growing the way it needs to grow that has an impact on us brazil. those are major export markets. that can have a dampening effect on the world economy. vonnie: reporting of chaos outside greek banks, about one third of them reopened to make partial payments to some retirees waiting for their pensions. another problem has hedge funds scrambling to save investments. puerto rico may try to delay a payment. that sent bond prices down 17% in two days. among the investors in the past a restructuring could keep investors away for years preventing the hedge funds fro