Is outside the white house, elon is there in washington standing by with the latest on the tax bill itself. Lets start with you, what do we know about this event coming up . Reporter theyre not actually going to do a bill signing. The sbil not ready to be signed just yet, but this is very much a Party Atmosphere here on the south lawn of the white house. We have the marine band going through a list of Christmas Carols a few moments ago theyre serving hot drinking over here. Some of the vips and dignitaries have gathered in the audience. You can see behind me, republican members of congress lined up on the steps just above the south port co. Here on the south lawn of the white house. This is a unified Republican Party right now. Theyve been through a lot of tough infighting particularly over obamacare, this is a big win. This is a moment in which youve seen the president of the United States already today handing out praise to republican leaders, some of whom hes been attacking earlier
Have stocks moving on that that will bring you up to date and we aredebating whether big change in Interest Rates is about to affect the stock market weve seen rumblings of and well get to that important story coming up, but we begin with breaking news, a report that canada is increasingly convinced that President Trump will pull out of the north American Free trade agreement. Don chu joins us now with more on how that could affect the market. That tracks some of the Biggest Companies in canada and in mexico. The Biggest Companies in canada. You can see thats pretty good stock down about one and a quarter percent. On the chart just when those headlines came out with regard to whether or not canada thinks that the u. S. Is going to withdraw from nafta. That move there exacerbated by those headlines. Also the ishares mexico capped etf, this is another one that tracks the biggest mexican companies. Same kind of situation that chart on the right hand side, right when the headlines came out
Time warner deal the Financial Times reporting regulators are demanding the sale of cnn in order to approve the deal well have the latest on just what the government is demanding here, coming up. And this has been a big story today. Snap sinking after missing wall streets revenue estimates by a big margin well look at whether that stock, which is down about 50 , since the ipo, whether that can recover or not thats all coming up here. Busy day still a big decline for those shares lets kick it off with the latest on the at t time warner deal sources saying that regulators are calling for the sale of cnn in order to approve the deal, joining us is the reporter who first broke the story today, james khan, thanks for your time thank you for having me on the show so, now the New York Times is reporting its a sale of Turner Properties writ large, whats your latest information on what the government is demanding that at t would have to sell to get this deal done. Based on that reporting before
Evans. And im bill griffin. Weak day for stocks again. Off the lows, but not by as much as weve been lately weve seen a sell off each day this week and then weve come back come back a little bit but still down triple digits on the dow right now. Whats behind the move and whether this pullback is worth buying plus a top money manager from aria investments will give us her pick right now. Youll to want hear that coming up new developments for the at t time warner deal, including talk of a potential complaint coming from the Justice Department david favor will have the latest for us shortly plus you probably heard President Trump set to speak at the white house in the next half hour or so after returning from that 12 day trip to asia well bring that to you live as soon as it gets under way. Going to talk about a number of things including taxes and trade and other things as well lets start though with this sell off day, the dow down more than 160 points at its low this morning, bob has mo