First breaking news on how the tax plan will impact you ylan mui is live on capitol hill. Reporter treasury secretary Steven Mnuchin spoke moments ago about the administrations first step in turning the tax law into reality. Treasury department and the irs have just issued new guidance it to employers, telling them how much money to withhold from their paycheck under the new tax law. The irs will be releasing a new withholding calculator that will be vail on irs. Gov by the end of february. This will help provide individuals with certainty, so that they are neither overwithheld or underwithheld and can plan financial decisions. Reporter democrats have criticized the rollout of this process, saying that many people could actually end up paying too little in taxes. Secretary mnuchin said that claim is ridiculous, and that this process has not been politicized. Now, the white house is celebrating todays guidance as a win that will put more money in it workers paychecks but the same time t
pharmaceuticals lower. but that bond offering from apple was a huge success. that stock is up 3% right now. so a mixed day, but generally, the bias is to the upside right now, maria. yeah, big success on apple. lots of buzz around that. we, of course, are on top of these historic markets and we ll be getting into that in a few minutes with a very special guest. we have major asset allocators here at this conference. scott minerd is coming up soon and talk about how he s placing capital. later, i m speaking with the former british prime minister, tony blair, john calamos, and eric cantor. a hot show coming here, a huge day at this global conference. everybody s at the conference. here s where we stand right now. down open this morning, but we have since come back. right now the dow is up eight points, near the highs for the session. and this would be the 16th consecutive up tuesday if we were to close positive. just an incredible run for that market. the nasdaq, also highe