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prompted widespread fears and borrowing has prompted collapse. fears of and, information sought on accounts involved in the elections. we have struggled to hold onto the gains we saw earlier this morning. today, the u.s. in the red. the only sector still up was technology, but barely. we had that rally, but tech lost ground based on some of the details on the tax reform bill. , want to pull up this chart 879. it shows you how investors have been anticipating the tax bill will be bearish for tech stocks. shares underperforming since the end of november as more details that come out on tax reform. david: it has become a real problem, especially in asia. we have been down for seven days. four of those dames with the kleins of more than 1%. it has been a drag. declines ofhose it more than 1%. it has been a drag. let s look at markets in new zealand, kiwi dollar underwhelming. gdp,straight come big day, rba rate decision not to do anything, .1%. yields lower, bonds up, aus ....
for a first look at what the republican sales pitch will look like, we welcome kevin cirilli. he has been reporting right through this. now to how they will sell this to the american people. what do we know? ago, i was moments speaking with some senior republican aides who tell me that at 5:00 tonight, they will have this house conference meeting behind closed doors, and they will have to hash out the details of the continuing resolution. they will have to rebrand their pitch to the american people. polled say they think their taxes are going to go up as a result of this plan. republicans are pushing back against that vehemently, the democrats are making the case that they feel this will only benefit the wealthy. know that and i both they are blaming it on the media, pretty standard move, saying it is all our fault and we are mis-selling this thing. at the cabinet meeting, the president said it is fake news, fake news. thewill they make sure american people know what th ....
i m haidi lun. this is daybreak australia. we are one hour out from the open of asia s major markets. it is 5 p.m. in new york. i m betty liu. it was a holiday today on wall street commemorating martin luther king it is 5 p.m. in new. jr. so there were no equity bond trading at all. the dollar continues to trade in the foreign exchangethe dollar n the foreign exchange market. that is really what has dominated the trade today. we saw the dollar continue that slide coming off a five week decline. talking to some analysts, not so much dollar weakness but it is more strength of its counterparts, right, as central banks are pulling back on stimulus all around the world. we are seeing a rise in many of these currencies. haidi: absolutely. case in point, the extended gains we are seeing in the euro. as you say with the u.s. markets closed, it was the weaker european close we saw that will lead things off in asia. tepide seen more of a session setting up in asia. new zealand is ....
this morning could be more crucial than most. the federal reserve will decide whether to raise interest rates. no change is expected in the unemployment rate, now 5.3%. we will break down the numbers on bloomberg tv as soon as they are released. the first republican presidential debate could be revealed, that the party is a house divided. the top 10 candidates in the latest polls skirmished last night for a national tv audience on fox. is there anyone on stage who is unwilling tonight to pledge your support to the eventual nominee of the republican party, and pledge to not run an independent campaign against that person? we are looking for you to raise her head now if you will not make that pledge tonight. mr. trump? tom: was that fair? he set him up so bad for that. vonnie: pretty amazing. brendan: all three moderators really went at donald trump. vonnie: i have to read out his answer later on. it is hilarious. the first of 12 presidential debates. brendan: it is going ....
they talked about anything public in syria and discussed iran and the violence in ukraine. the president said the firing of director comey did not have any effect on the meeting. of. may see one last wave job seekers from poland before brexit. a recruiting company says that the u.k. beat out germany and in more than calls survey more surveyed the poles said they want to get the u.k. before brexit and what may be tighter rules on immigration. global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. crumpton. this is bloomberg. julia: live from bloomberg world headquarters in new york, i am julia chatterley. scarlet: i m scarlet fu. joe: and i m joe weisenthal. we are 30 minutes from the close of trading in the u.s. julia: u.s. stocks near all-time highs. joe: the question is, what d you miss? scarlet: an abrupt termination president trump fires fbi director james comey in a move that raises questions about interference by si ....