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A bowl in this market as well, as it has been for much of the year. It looks like investors are pricing in a high likelihood that the tax bill is going to get past, after some back and forth regarding senator marco rubios vote today. We learned that it sounds like concessions to what he would have happened on the tax credit is getting into the bill. The index isof touched major intraday records today. It is outpacing the gains we are seeing in the major averages today. Thats get a temperature on the high tax proxies we have been watching. Here in the white line is an index of high tax. These are the companies that are seen as benefiting more from a Corporate Tax cut. This is the russell 2000 four reference in blue and the s p 500 in yellow. It is interesting the action we have seen in the russell, because within these companies that are mostly domestically oriented, with they are also tax as benefiting from the bill, but the russel ....
Of evidence. The comments come after u. S. Satellites allegedly spotted chinese ships on the lets see around 30 times since october. In liberias National Election commission, expected to release provisional approvals today. More than 2 million voters are the soccer star and the countrys vice president. He led the first round of voting on october 10 but did not get enough votes to win outright. Ellen johnson steps down in january. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Julie live from bloomberg World Headquarters in new york, im julia julie hyman. We are 30 minutes from the close of trading in the u. S. The dollar weakened against most peers. What taxwe are 30 minutes from e of trading in the u. S. Reform could mean for private equity firm, we look at a question of how leon black post ....
Is standing by at hq. That was the best setup that was the reversal, now down 70, to 350some up point reversal for intraday dow. The big reversal you talked about has been driven in large part by a handful of stocks. First of all, good news. Lets start with that. Take a look at intraday quotes for biggest point contributors to the dow if you take a look at some names, overall, United Health, merck and johnson johnson. These names still in the green United Health adding about maybe 25 points to the overall mix in terms of the in terms of the dows point. Merck and johnson johnson, 15 points, 10 points, thereabouts so, those guys still buoying things take a look at these stocks. We mentioned these as the biggest point contributors of the dow near term. Were talking about boeing, United Technologies and caterpillar. Those ....
And jon fortt making his way back from out west. You know why we cued the billy joel at the top, shares of twitter had their dose of honesty. Extending their losses, revenue up 61 in the quarter. Executives voiced concerns about user growth. Here is jack dorsey the interim ceo on last nights Conference Call. Chronic initiatives we mentioned in previous earnings calls like instant timelines and log dot experiences have not yet had meaningful impact on growing our audience or participation. This sun acceptable and were not happy about it. Joining us this morning from one market in san francisco, colin sebastian. Good morning. Good morning. People are noting the clash between last nights call and the media rounds they did in the prior quarter where they were enthusiastic about the game plan and about the product. Why the uturn . On one hand twitter is, theres a tale of to sides of twitter. On one hand, adam bains team, on the revenu ....
Concerns about growth in china weighing on investors after one report that apple had been replaced by xiaomi as the smartphone maker. It points to a lingering concern is that market share in china one of the most important markets is gn to the down side, not the up side. If you want to look at apples reaction to china, theres a couple of conflicting data points you have to consider. In the Conference Call tim cook said equity markets have recently been volatile this could create speed bumps in the near term. Then he said about the stock market, this worry is probably overstated. So were not changing anything, we have the pedal to the metal. Lpe penetration in china is only 20 . People are getting phones that can handle faster internet speeds, the middle class is growing. But at the same time hes saying in the short term maybe it does show up somehow in the numbers. Were still growing fast. Are we in a period where we dont know wh ....