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Fbn am starts right now. Train 25 01 a. M. In new york. Tuesday, october 24th. Good morning, cheryl personae. Lauren has a unclutter our newsfeed, they will probably make more money. Cheryl more advertising. Lauren President Trump on the offensive heading to capitol hill today to move forward on his agenda especially tax reform to the republican senators weekly policy luncheon. Last night to promote the tax plan on hannity where she made her pitch. We needed tax code that is good of modern reality of our workforce, including supporting our working families, the majority of which are now dual income, which is why im really excited about the realization of a large part of the administrations working family agenda through tax reform. Cheryl she talks about that as well. The house to vote in support of a Senate Budget resolution this thursday. That would fasttrack tax reform. An ....
Since may. As we said, big beats from cat, 3m and utx zpl global same sales closing 6 for mcdonalds. And pipeline concerns before the ten orders again shipments may only be half of what was expected. Stocks are poised for a strong open help the by results dow components and caterpillar and others, a significant increase in demand for Construction Equipment, 3m and utx beat on the top and bottom line and upbeat guidance for the full year those are going to be the stars today. Some of pretty amazing, caterpillar appepared back the workforce. Its almost as if they pared exactly the right time when orders explode, you get that leverage and youre seeing earnings weve been waiting for caterpillar i would say since 1983 or 84, finally getting the breakout 3 m chugging forward greg haze, great organic growth. I dont want to overlook this Stanley Black and decker, tools up 9 . ....
Driving the u. S. Stock market as well as hopes for some kind of tax cut. Those hopes sparking up again as we have the house passing the budget which in turn leads to higher hopes for a tax plan getting through. All the major averages are up. The russell 2000 of small caps is outperforming again. It is coming back to outperforming, up 4 10 of 1 . This is a small domestic dust and index for small, domestic orient an index for small, domestic oriented companies. Here you have the s p 500 versus the russell since the election. The russell had a big outperform its initially and sort of went sideways for a while, had another leg up in september and has gone sideways and is taking up relative to the s p 500, the relative performance improving as we get this latest wave of tax hopes. There is a Deutsche Bank index of highly taxed companies and low taxed companies. Here is a ratio of the two and the red line goes back to the election. They ....
Good thursday morning. Welcome to squawk alley. Carl quintanilla with jon fortt and Kayla Tausche at post 9 of the new york stock exchange. Joining us, Business Insider ceo Henry Blodgett. And in minneapolis, bill george, former medtronics ceo, former exxonmobil board member, of course a cnbc contributor. Good morning, guys. Our first story is amazon today, announcing it will create more than 100,000 new fulltime, fullbenefit jobs across the u. S. Over the next year and a half. Our deidra bosa is at one market with more on that. Hey, deirdre. Good morning, guys. Amazon was already on track to become one of the largest employers in the country and this announcement confirms that trajectory. The company emphasized that the opportunities will be for people across the country and with all types of experience, education and ....