that feels distant. this five-bedroom, five bathroom luxury home in sonoma is on the market for just under $7 million. the 5000 square-foot home sits on 13 acres complete with an at home jim, pool, and a new necessity, two home offices. my phone is ringing off the hook. reporter: christine cronus with compass real estate said one country has gone from a second home market to a primary home market overnight. there is a joke right now among agents, like we keep teasing each other saying we think there will be no houses left to sell. reporter: the real estate market in the bay area is already rebounding. and luxury home sales are leading the way. realistically there will be an exodus from the big cities. reporter: paul valley is the ceo of work-at-home startup that is fully remote. he said it has changed the way his company looks for talent. if everyone is working from home anyway, i believe a really attractive way to get amazing talent is to permit them to work fr
washington many. but it is stronger than expected much more on china coming up in a few minutes. european equities, again, sliding in the last few hours. germany basically flat we re taking that to 3 decimal points here. france, uk, spain slightly negative, italy essentially flat as well. finally treasury yields, the ten-year hovering right around 1.7% 1.69 is where we have it right now. so certainly something that investors are watching. yeah. you have yields slipping again a little bit this morning, but we re off the lows of last week, which briefly dipped below 1.6 on the ten-year. that s encouraging yields had such a big effect on equities as we all know. i think on europe the interesting thing to note this morning is that we re not seeing a gap up again in terms of the spread of italian over german yields and talk about the potential new election coming up hong kong, is down 9.5%, shanghai down 5.5% it is weighing more on the shanghai market. we saw that elevation es
we ll talk about that coming up. speaking of taxes, coca cola ceo tells cnbc what he would do with a corporate tax cut we ll have all of those details coming up. then there s best buy, it s sitting out the rally today. down pretty sharply. in fact, it s off the lows right now. less than 4% decline is the iphone to blame, iphone x to blame we have a debate on best buy coming up here. we begin, though, with the breaking news. stocks hitting session highs as the house passes the tax bill. ylan mui, our intrepid reporter on capitol hill has the latest for us right now ylan reporter: bill, that final tally is 227-205, that is a comfortable margin of victory for republicans. they said they were going to get this done by thanksgiving. no one really believed them. they were able to pull it off. republican leadership held a press conference to celebrate. from the very start, we said that failure is not an option and the president and his team have worked so constructively ev
. this is nightly business report with tyler mathisen and sue herera. risk assessment. a rare event. the oracle speaks. the big mistake warren buffett said some investors like you may be making. hot topic. ab old drug gets a new price tag to treat a rare and debilitating condition. that and more tonight on nightly business report. welcome. gains were small today. minuscule really. but they were good enough to lift the s&p 500 and nasdaq composite to all-time closing highs. investors seemingly concluded the market had dodged yet another risk. namely, that france might elect a far right opponent of the european union and the euro currency. the french for now voted for a moderate and the status quo. and that was enough to let investors globally focus not on european vote counts, but on the improving health of europe economy and stock market which has been climbing. we begin with two reports. bob pisani takes a look at the markets. but first, michelle caruso-cabrer
percentage point. the ftse up by 1.25. and in greece putting it back at 750. greek prime minister alexis tsipras will be meeting with the e krb ecb and the imf. so far the greeks are talking about concessions saying that they would not take. we ll have more from michelle about carebrera. take a look at what s been happening here in the united states. the futures here have been up strongly as well. the dow futures were up by over 150 points earlier this morning. right now up by 127. s&p had seen much bigger gains earlier but still up by 13.5 points. the nasdaq up 13 1/2 points. as we hear what s coming out of greece. we ll take a look at what s happening in the currency market. the dow is down against the euro 1.156. let s talk about what was a very busy weekend. there wasn t a deal yet. the biggest development, cigna rejecting a $47 billion merger proposal from anthem call can go deeply disappointing and lacking growth strategies. anthem is offering $184 a share towards cig