Pouring in. Abigail the bulls are out today. We are looking at yet another record high, the dow on pace for a record closing high. Excuse, the s p 500 me, the s p 500 higher but not as much as the dow. Is talkingwhat shery about, they think it is about earnings from a macro perspective. Investors are looking for 1. 7 investment growth yearoveryear. Lus, tax reform hope the one risk to the rally we are seeing this year as if something does not get done by the end of the year. One sector certainly helping today, the financials. Take a look at the s p 500 banks index, up 1. 5 . It is generally acknowledged that these Companies Put up strong thirdquarter earnings. Today we have a rally in yields, the 10 year yield up about four basis points. That tells us haven bonds are selling off. On the year, it is pretty interesting what is happening with the 10 year yield. We see the 10 year yield is out of a range that it had been stuck in below 2. 3 , now trading higher perhaps back toward the high
First of all, want to thank all of you for being here today. Thank my Ranking Member carden and his staff and the flexibility they have. Its kind of interesting, ben cardin and i were maybe three of the last remaining of the class of what was yeah. 1987. Were we have lamar smith and a couple more. Anyway, its funny. Were on opposite sides and a lieutenant of issues that were always together in friendship as well as in infrastructure. As this weeks infrastructure week, its a great opportunity for us to highlight the critical needs we have in this country. Tomorrow the full committee will have the chance to question secretary chow. The Epw Committee led the charge to pass the fast act, the highway reauthorization bill that i personally worked on. This was the largest one since 1998. Nobody believed that wed get it done. Others thought that wed only get an 18month bill that senator boxer and i insisted on five years and it shows that people of different floss kiss can get along and make w
This school gym demolished. Just Basketball Hoops left standing and the roof of this Fire Department and these homes totally destroyed. Now more than 40 million on alert for Severe Weather this holiday weekend. And a scary moment at the zoo. An ape named jumanji caught on tape picking up a cement block and hurling it toward a family. Inside that terrifying moment as a mom races to protect her 2yearold child. We do say good morning, america. What news to wake up this morning to. That republican congressional candidate charged with bodyslamming a reporter. The report, ben jacobs, is standing by with our exclusive with him. Well hear from him in a moment. Not something you expect to see. Montanas only empty house seat, voters in montana go to the polls today and it was sparked by a question about health care. Jacobs was trying for a response from the Congressional Budget Office but the Health Care Bill will lead to 23 million more insured in the next decade. The white House Democrats figh
Carry out his own attack . Tornadoes tear through six states. This school gym demolished. Just Basketball Hoops left standing and the roof of this Fire Department and these homes totally destroyed. Now more than 40 million on alert for Severe Weather this holiday weekend. And a scary moment at the zoo. An ape named jumanji caught on camera picking up a cement block and hurling it toward a family. Inside that terrifying moment as a mom races to protect her 2yearold child. We do say good morning, america. What news to wake up this morning to. That republican congressional candidate charged with bodyslamming a reporter. The reporter ben jacobs is stange by for our exclusive with him. Not something you expect to see. Voters in montana go to the polls today and it was sparked by a question about health care. Ben jacobs was asking Greg Gianforte about it. This is a big race. The white House Democrats fighting hard. Abcs david wright has the story, good morning, david. Reporter good morning,
The meeting comes to order. First of all, we want to thank all of you for being here today and thank my friend Ranking Member cardon and his staff for the flexibility with the scheduling todays hearing. Its kind of interesting because ben cardon and i were are maybe three of the last remaining of the class of what was that . Yeah, 1987 chlt after the issue was behind us. This is beginning to be different. Were always together in friendship and in infrastructure. As this weeks infrastructure week, its good to highlight the critical needs we have in the country. Tomorrow the full committee will have the chance to question secretary chao and the administrations priorities and its my hope this hearing will be a productive lead into her visit. They led the pass to pass the fast act, the six reauthorization bill that i personally worked on. This is the largest one since 1998. Nobody believed that we would get it done and others thought we would get an 18month bill. But senator box eastern i