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Small cap russell index is often seen as a proxy for tax reform that index is underperforming again today. Well have the latest on any changes to the house tax plan, and we have an update on the senate tax plan. Which is still to come lets start, though, with todays earnings parade that is driving big moves in the market. In various stocks. Bob pisani joins us now with the highlights from this morning and we have a preview of whats still to come here tonight, bob. Retailers coming, bill, but remember 75 done. Still a lot of retailers just want to companies in general, just take a look at royal caribbean, nice move up here beat by 9 cents. Despite the hurricanes and the issues, they gave a terrific 2018 outlook thats why the stock is up almost 3 . Move to the left, remember coach, well, its now called tapestry, that i had a decent number here. The small beat, revenues were short. Remember, now, they now own kate spade. So theyre merging the company i would call this a transition quarter ....
The First Quarter of the next year but this time may be different and well talk about why coming up here. Plus retail reality check. Jcpenney, the latest Department Store stock for a pop this earnings season and the government retail numbers less than expected. Well dig deeper into what is going on with the u. S. Consumer right now. So herky jerky. First, there were major problems for delta as we know this week with thousands of Flights Canceled. Now, another airline experiencing turbulence. Literally this time. 24 passengers needed medical treatment because of it. We have details and the fallout for the Airline Industry coming up. That is a nightmare story. Hillary clinton releasing her 2015 tax returns today. Trying to pressure donald trump to release his tax ....
It would crackdown on people who own guns illegally because they have a criminal record. This measure would require about 366,000 signatures to qualify for the ballot. California already has some of the toughest gun control rules in the country. As the debate continues on a national scale, here is republican candidate for president ben carson. Specifically, in case of an invasion by foreign power the people will be able to aid the military. And also, if we have a time when we have, um, the wrong people in office and they want to dominate the people, the people will be able to defend themselves. Reporter he is defending some of the concerns he has about the Second Amendment when it comes to this argument. Another provision of newsoms proposed law would mandate anyone who had their guns stolen to report it to law enforcement. Stolen guns of course were used in three recent highprofile bay area murders including the murder of kate ....
Invasion by foreign power, the people will be able to aid the military and also, if we have a time when we have, um, the wrong people in office and they want to dominate the people, the people will be able to defend themselves. Reporter people are concerned about the second amendment. Another provision would mandate anyone who had his gun stolen to report it to law enforcement. Thats kind of a point of contention in the bay area because stolen guns were used in three murders including kate steinle on San Franciscos pier 14. And this proposal includes many of the provisions of measures that are now stalled in the state legislature. So well see if voters are willing to enact things that state lawmakers so far have not done. Mac kpix 5. Right now a large anne makovec, kpix 5. Right now a large sinkhole is blocking an intersection in union city and it may take days for crews to fix it. Kpix 5s keit do joins us from the scene where a se ....
Over again . People are talking about whether a new tech bubble is forming. How many times will we have this discussion . The more, bill, this activity picks up, the more people will question some of the valuations. Is it a legitimate worry . Is there Something Different this time . Well explore this issue. Have you ever played candy crush . No. I havent either. We are no candy crush, no house of cards. Were living in our own little bubble at the new york stock exchange. Also, its the pharmaceutical deal that has carl icahn tweeting again. Actavis is buying forest labs. Paul bisaro will be joining us, a first on cnbc interview, to tell us what was behind that move. A reminder of where we stand in markets, the dow shedding 13 points this hour in an up and down session. The nasdaq looking pretty strong today. Its adding threequarters of 1 . Finally, the s p 500 up just a couple. So barely positive. 1,841 is the level were watch ....