And others get ready for a new voice in the crowd as samsung prepares a new speaker. Betty good morning. Here in the markets in the u. S. , it is really the tax reform, the last minute zynga coming up from marco rubio. That dragged down u. S. Stocks. But overall it looks like central bankers are trying what we are calling dovish tightening. They are trying to move the ball forward with Interest Rates without disrupting. Mario draghi of the ecb trying to thread that line today. Paul grappling the same old problems the world developed, in terms of inflation. 7 in 2020 point does not sound terribly optimistic, does it . Betty no. No, it doesnt. Perhaps that is why markets took all of that in stride. Lets quickly pull up where the u. S. Markets ended up today. We were lower, taxes a main focus for investors. The s p down 0. 4 . Anddow lower by 77 points, tech shares, as well. Most of the major s p groups were in the red, except Consumer Discretionary stocks. A slower day in asia for you .
Im Francine Lacqua. Manus im manus cranny. Shall we get into this breaking did . Francine we have some european encompass it pmi. Composite pmi falling to 52. 5. Analysts were forecasting 52 5. 5 manus the eurodollar declining. Germany missed on that as well. For the compass it for the whole of europe, it also missed. Francine actually the services pmi fell more than the manufacturing pmi. Lets bring and stephen morel. Great to have you on the program. When you look at the pmi, how much do we care about this . We are still so worried about greece worried about what happens with the debt relief and we are lori that italy may become the next greece. Pmi meh . Stephen if you look at the composite pmi there has been an improvement over the last six to 12 months. Their something that becomes an issue as well. The nature of the euro. Its a q. E. Currency. The balance of payments data suggest significant outflows. If you look at the net errors account, there are clear signs there. Of capital
Yes, prime minister. Australia vote strongly for samesex marriage. Theolm turnbull calls results overwhelming and unequivocal. Yvonne plenty of breaking news in the last couple minutes. Japan gdp missing estimates slightly. Withhite house coming out the statement endorsing the house version of this attack tax reform bill. Lots of questions about how they can iron out differences between what the senate once in the house. And of the senate wants, the house. It might be down to the Corporate Tax rate. Which is why the white house might be leaning toward the house version. They do this policy, stress it would cut the Corporate Tax rate to 20 . There had been discussion whether that would be higher. The white house leaning toward the Corporate Tax rate of 20 . We will see what happens thursday. At least one gop representative said they have the votes to pass this. Yvonne we got breaking lines on airbus, according to people familiar with the manner matter. There is a deal for 430 jets with
Gdp globally. Tom which is a big deal. It is a general rule that 3 is global recession. Percent. E than. 1. 1 . Is there a lot going on today . Francine theres a lot going on. We will speak to Catherine Mann. Theyre managing the debt. Conditions they see in advanced economies. Tom Deutsche Bank has been on top of this. A shift toward financial instability for next year. Francine we have ocd oecd. Terrorism charges have been filed against the man accused of setting off bombs in new york and new jersey. A complaint says that rahami planned the attack for months. Prosecutors say he praised Osama Bin Laden and hoped the bombs would be heard in the streets and he was captured in a shootout with police. British lawmakers two defeat islamic state. Parliaments Defense Committee says the u. K. And its allies need a grand strategy to defeat the extremists. The effect the panel supports the strategy of air power and political progress. The white house is charging russian warplanes attacked convoy
I think were pretty optimistic were going to have any cars left to do overtime. Lets check with vince. Jeff gordon described it as bumper cars, kyle. Whatd you see out there . Not much lace for you to go. No, i seen the 19 and the 2 really fighting for a spot. For my Vantage Point thats all i could see. I could tell we were going to wreck. I tried to check up a little bit. Then its on from behind me. But nothing else you can do from there, i guess vr its funny when the guys behind you get through the wreck and theyre able to go on the rest of the way. I hated for our m m camry still pushing to 13, working really good together. I was going to push him to see if i couldnt get farther, give ourselves a chance to win. Hopefully benefit our teammates can do it. Thanks, kyle. Thanks, tell mates denny hamlin and and matt kenseth running first and fourth. Wow, a lot of damage there. Wow. Carl edwards who moments challenge for the win. Last year in this race, half the field ended up wrecked in