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And europes weak again, dax down for a fourth consecutive day and empire, our first december number comes in soft, raising eyebrows, a fivemonth low. Movement on tax plans, were awaiting this morning to see the combined conference bill and Details Behind which cuts and deductions survived. Plus the latest on disney and fox, including the bid the murdochs said no to. A busy morning f stocks on track to erase thursdays losses. Yesterdays worries about a setback were sparked by senator rubio saying hes a no vote unless the Child Tax Credit is expanded they are trying to find ways to pay for maybe that additional deductions, its going to cost 200 billion, perhaps they let some individual breaks expire here early well see. Its very interesting that the market went down and dow went down 70 points on worries about rubio, maybe S ....
Those markets are doing today. Its a red day for the most part, spain is in the green. 10year note yield were always watching that and that is at 2. 42 boy, its a big start to the year for crude well talk a lot about that. Crude over 60 bucks even though its ticking slightly lower today along with brent and wti and brent at the bottom of the screen the roadmap starts with the new year and new rally futures rising as we said as wall street shrugs over geopolitical concerns and the tax effect bp taking a major q2 earnings set but bullish on the tax laws long term impact apples mea culpa, looking to quickly make amends with angry customers. Stocks coming off the best yearly performance since 2013, including 71 record closes for the dow, 72 for the nasdaq and 62 for the s p the dow posting a 25 gain for 2017 and s p up 19 . The nasdaq leading the three major indexes up 28 jim, happy new year to you. Happy new year. Thank you very much. It would certainly seem as though we entered a new yea ....
Record stock rally off to the best start, best yearly start in more than a decade. Apple addicts, billionaire share hoerlds urging the iphone maker to take action against the long term consequences of childrens smartphone overuse. Nvidia saes big bet on autonomous driving, teaming up with vw. The best start to a year since 06, closing the week at record highs and s p and nasdaq turning in the best week since december of 2016 and the street now beginning to look ahead to earnings season wells fargo coming out with results later in the week well get Inflation Numbers and retail sales and citi and Media Conference and Morgan Health care conference. You mentioned nvidia and wong going down to consumer conference tomorrow. Whats happening is an interesting opportunity, the futures are down for once. People can get in prov ....
Quorum call ms. Stabenow mr. President , i would suggest an extension of the quorum call. The presiding officer is there objection . Without objection. Ms. Stabenow i would suggest suspension of the quorum call. The presiding officer without objection. Ms. Stabenow before asking unanimous consent, and we will do that as soon as its appropriate to do, i just want to stress again why we have been on the floor this afternoon, and that is that we know that we have bipartisan support, not only for the Childrens HealthInsurance Program, but for the Health Centers where they get their health care, which is community Health Centers, and that we can address this without pitting children against children through the unanimous consent in the amendment that im offering al ....
Yesterday. The nasdaq down less than 4 wiping out all of this years gains for the dow, the s p and the nasdaq just holding on to positive territory it wont be if this is anything to go by at the open we are down 434 points for the dow. The s p is down 28 the nasdaq down 23 points. We have higher volume yesterday. 8. 6 billion shares raided. 50day moving average 5. 7. We saw vix spike very much at the end of the session so every everiedy kate y edindi risk off indicator lets look at the tenyear treasury note. Rising yields over the coarurseo the move has been a spark for this selloff we saw yields come back a bit yesterday, right at the end of that chart 2. 85 or so at the peak last week the trend in yields is sill intact rising yields over the course of this year. The trend in equities is no longer intact. We have pulled back away from those highs. Full Team Coverage of this Global ....