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for details on what made the final cut or did not, will they find enough votes to pass? . president trump is confident president trump: i think it s going to do very well. i think we re going to be in a position to pass something as early as next week, which will be monumental. shery: we are joined by businessweek editor they can murphy and national political reporter sahil on capitol hill. we are here in different accounts for marco rubio s camp. do we know where he stands? sahil: his official position is that he is in no a no until he sees the agreement. is not on the conference committee. only republican members on this committee have seen this. democratic staff, two members tell me to have not been able to see this report. it will be filed at 5:30. what we are told by one of the republican members is that bumped up the refundable portion of the tax credit child tax credit. that is pretty much what rubio asked for. based on what we know we can probably expect the ....
a bowl in this market as well, as it has been for much of the year. it looks like investors are pricing in a high likelihood that the tax bill is going to get past, after some back and forth regarding senator marco rubio s vote today. we learned that it sounds like concessions to what he would have happened on the tax credit is getting into the bill. the index isof touched major intraday records today. it is outpacing the gains we are seeing in the major averages today. that s get a temperature on the high tax proxies we have been watching. here in the white line is an index of high tax. these are the companies that are seen as benefiting more from a corporate tax cut. this is the russell 2000 four reference in blue and the s&p 500 in yellow. it is interesting the action we have seen in the russell, because within these companies that are mostly domestically oriented, with they are also tax as benefiting from the bill, but the russell has not been performing as well, pe ....
this is bloomberg markets middle east. i m yousef gamal el-din. what a week we have had off the back of the fed decision, and a dozen central banks around the world. here is how the u.s. equity session closed off. the s&p index, dow jones, nasdaq. this is on optimism about the proposed u.s. tax overhaul. there s also a lot more volatility, 74% higher volumes than the daily average. there s another event feeding into this, quadruple switching. it happens every quarter, futures and options on indices and individual shares. then the bloomberg dollar index, a story of a stronger dollar, up .4%, a major move, a fresh session high-end the fifth day of gains. the u.s. dollar gaining compared to all of its peers save for the kiwi dollar, which led weekly gains. let s crossover in show you the other key asset classes, relatively. u.s. 10 year uninspiring. gold, up .3%. but look, the reality is you have traders dumping bullish bets at the fastest pace in five months. do people ....
there is a little bit of a downside on the stoxx 600. euro-dollar, little bit of an improvement there. coming up on bloomberg surveillance, we talk european growth. to our man from jpmorgan. then we talked to teri haynes. of the get a preview state of the union address. a let s get to the bloomberg first world news. nejra: the house of representatives has committee has voted to get clearance to release a republican memo. it alleges bias. say thetive republicans investigation to come in ties to the white house are under false pretenses. for the first time the 10 years or so i have been on the committee, there is a vote to politicize the declassification process of intelligence. that would could potentially copper my sources and methods. the u.s. secretary has announced a list of oligarchs in russia with ties to vladimir putin. it includes 96 oligarchs. willmed will not all not automatically face in the sanctions of inclusion may cause banks not to do business with ....
corporate funding is provided by mutual of america designing customized individual and group retirement products. that s why we re your retirement company. additional support has been provided by: and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. from the tisch wnet studios at lincoln center in new york, hari sreenivasan. schifrin: good evening and thanks for joining us. i m nick schifrin, sitting in for hari sreenivasan. one week after hurricane harvey hit texas, houston is shifting from rescues to recoveries. the storm has killed more than 50 people, according to the houston chronicle. avily damaged.ore than 37,000 some 457,000 people have sought federal emergency aid. and the federal emergency management agency, fema, has already granted $83.4 million. much of that in $2,000 payments to help rent a new place to live, or $500 for critical needs. the red cross says more than 42,000 people spe ....