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Cryptocurrency. And as big tech races to control your living room, we will hear from the brain behind amazons alexa. First, to our lead. After Senate Republicans passed their version of tax reform in the u. S. , we spent the week exploring the ways the proposed legislation could affect the tech industry. Take a listen. It was a round of applause on capitol hill for gop senators as they passed their version of a tax bill. Pushing the Trump Administration closer to its first piece of signature legislation. Donald trump if they sent it to my desk, i promise all of the people in this room, my friends, so many friends in this room it is a great state i promise you i will sign it. I promise. I will not veto that bill. Reporter Tech Companies have spent big to make sure their interests are heard. Big tech stands to be ....
You were going down. 401 k s right now, i met last week in new york city with a very, very fine group of policemen. They were all so happy about their 401 k s. They feel like they are geniuses he said, im up 39 . I see all the guys carrying the booms are smiling. Are you up too yes, he is he has the one thats the highest and the closest. He is a good boomer but he has a big smile on his face, right thank you. Thats very nice they are usually with the press. They wont admit it but he does, because he is beyond the press i just want to say that people are up 30 , 40 , 50 depending on whats in there they are very, very happy. We think we are going to grow that a lot more. We think the economy has a long way to grow. It needs the tax cut and all that money is going to be spent on expanding businesses. We have so many Different Things in this bill that are going to create jobs. For me, this is a bill very simple it is a massive tax c ....
Coming up. We do have quite a rally with the dow in particular. The transports continue higher all the major averages are in record territory. We also have big calls on the Airline Sectors today and the banks as financials get set to report. Were heading into earnings season well have you up to date on those. Lets start on the floor of the new york stock exchange, mr. Robert pisani joining us with a recap of whats going on as we get ready for earnings, right . Yeah, a lot at stake here, but sixday winning streak, just six days in a row since december 17th p nasdaq has the best sixday winning streak since the end of january 2016. Were starting earnings on friday, there are very High Expectations thats my theme. A shortterm risk. The markets. Just on earnings, analysts are much more optimistic we hardly got any last quarter here were expecting bigger beats, not by a penny o ....
Northerly flow and thats going to help to pull in a drier air mass. Youre going to feel the difference in the dewpoints. This is going to take a little bit. 71 degrees, its still warm and now at this point its still muggy in the city. 67 degrees temperature right now in reading. Its 72 in atlantic city. Look at cape may, 74 degrees at this hour this far into october. Heres how the day is going to go. It will be partly sunny skies. Its still warm and the humidity in the process of dropping. Still muggy at 7 00 a. M. , 70 degrees, mostly clear skies as you get ready for the sun to rise. At noon, 78 degrees. Already in the upper 70s by lunchtime. 83 degrees at 3 oclock. Thats your high today. Coming down from that at 5 00 it will still be in the low 80s and 79 degrees at 7 oclock tonight. So, as youre dressing the kids this morning, the shorts and the ts will do it because temperatures in the upper 70s, low to upper 60s and low 70s. Its still muggy at the bus stop but that will change by ....