pete, it s the least volatile september ever you guys are going to dive into that in a bit over at the telestrator to show us exactly how. but man, the stocks have been steady. yeah. and i think part of the story, scott, is just the fact that you mentioned steady we talked about rotation those all feed into this i heard bob pisani talking about lack of volumes. but it s not a lack of volumes in the derivatives world or options world where we are consistently trading close to just under 17 million contracts a day. this used to be a number in 2011 that was closer to 14 million a day. it started to grow we peaked out at 18 million and here we are trading just under 17 million a day so there is volume and there is volume in the derivatives markets and other parts of the market unfortunatelwe re not seeing h of it at the new york buthink the healthiness of this rally oat least this sustained area of near these highs, establishing new highs almost daily has been because it has be
i need a hero welcome to power lunch. i m morgan brennan the stocks are holding steady. we have a mixed session. two more trading days to go in september, the dow and s&p 500 are on pate for an eighth straight quarterly gain. mcdonald s giving the biggest boost to the dow today the transports hitting another error intra-day high we ll drill down on some of the big movers roku, stock of the day, this is up 50% on its ipo debut. also keep an eye on mccormaiccck we begin with washington, president trump unveiling the long-awaed tax pla promising tax cuts today house speaker paul ryan and the top economic adviser came to squawk box to push the plan ylan mui joins us with the latest. reporter: it will have to go through the sausage grinder before it can be legislation, gary cohn was very clear on cnbc the 20% corporate rate is nonnegotiable. speaker ryan was equally clear that the house is committed to hitting that number. look, when we polled the border adjustment fr
52.74. creeping up to $53 here are the big stories we re watching roku will make its public debut on the nasdaq. roku priced shares at $14 each that s the top end of the expected range it has a market cap of $1.3 billion. rok lush roku wi tra under roku. roku founder and ceo anthony wood will be on squawk box this morning and rovio, the maker of angry birds video games will price later today. the senate intelligence committee calling on facebook, twitter and alphabet to testify at a hearing on russia s role in the 2016 election. the hearing is november 1st. alphabet and facebook have not said if they will attend mark zuckerberg hitting back at president trump who claimed yesterday that the social media company was always anti-trump. zuckerberg posting on facebook, trump says facebook is against him. well, liberals say we helped trump. both sides are upset about the ideas and content they don t like that s what running a flat form for all ideas looks like zuckerberg said
translator: we take the issue of security at large very seriously. we take the question of security at large-scale events as very serious issue which means that we involve all of the those bodies or agencies that can and will issue proper security for the olympics. they include the armed forces, the federal police service and all of the state level police bodies in the state of rio de janiero. we already have experience in the public security arena because last year we staged the world soccer cup and we had to provide security not only to just one city. rather, we had to cover the whole country and there was not one single action that was left uncontrolled in the 12 different host cities of the world cup in brazil thereby establishing a very effective control system by means of command and control centers as well as my training control centers covering all activities, including the displacement of athletes and high-ranking government officials and authorities. so we followe
boston. plus, we get an update on imprisoned army whistleblower chelsea manning just weeks after she attempted suicide. authorities are threatening to punish her with indefinite solitary confinement and additional time in prison. we will speak to attorney chase strangio. is only through public scrutiny we can ensure the government doesn t continue to abuse chelsea manning and people like her who are sent into solitary confinement and under horrible conditions. amy: did you know when you dial 911 wall street often answers? and next was a reveals how private equity firms have increasingly taken over public services like emergency care and firefighting, often with dire affects. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i m amy goodman. new york police commissioner william bratton has announced he is resigning next month. over the past four decades, bratton has reshaped modern policing. he has served as the new york pol