Flat. The dax in germany up by. 30 . The moves would undermine opecs effort to try and control supply and raise prices. The wti is still sitting 50. 64. 22 are dead and Dozens Injured in manchester england. In this case, police say a suicide bomber likely detonated an improvised explosive device on monday night as people were leaving an Arianna Grande concert. Officials say that they believe they have, in fact, identified the bomber. The singer, Ariana Grande was not hurt. And several hours after the bombing she tweeted, in her words, broken, from the bottom of my heart. Im so sorry, i dont have words. Britains Political Parties have agreed to suspend campaigning until further notice. And donald trump made a joint statement with the palestinian president in bethlehem. So many young, beautiful, innocent people, living and enjoying their lives, murdered by evil losers in life. I wont call them monsters. Because they would like that term. They would think thats a great name. I will call t
Streak yesterday look at whats been happening with the markets youll see overnight in asia, you can see what happened with japan. Down by 0. 4 hang seng slightly weaker. As the president is preparing to speak in poland, market theres are a bit weaker dax is down by 0. 6 . The cac is the biggest decliner, down by 0. the ftse is off by a half percent. Crude oil prices, which yesterday fell for the first time after eight days in a row of gains are up once again a gain of 65 cents to 45. 78. Sorkin, is he back tomorrow no. He may be back on monday not sure i will tell you about the three big stories. I hit this up to see what three big stories. Look how much i have to read look at that im looking on my machine about what is heavy duty lifting that youre feeling i dont even have andrew i even want him to come back to take no ill do this. Ill give it the Royal Treatment it deserves. The enthusiasm here are the big stories today tloos three of them. New this morning a crash test brings into q
So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Interest Rate decision from the fed this afternoon. Wall street is widely expecting policymakers to keep rates unchanged. Big focus is what the fed says about inflation. Well have full coverage beginning at 2 00 pchl we have 175 s p 500 Companies Reporting this week. Today its boeing, cocacola, ford and among all the names youre seeing there. But well get that before the opening bell and then we hear from facebook, gilead, whole foods after the close. And viacom looking to make a cash bid discovery al
Remain confident we can find a way to have a strongly bipartisan markup, and ill wrap up by saying my sense is this place cant have enough come mitty thats comity with a t, and i thank you for your efforts to work with us and i look forward to the houring. I look forward to looking with you. We make good team. Well now proceed with our scheduled hearing on taxrelated matters. Every year, the committee holds a hearing own thanks Filing Season, provides us as discussion toing a charged with administering our complicate, convoluted tax code and collect taxes. Taxpayers face new challenges as the file their tax returns. Including but not limited to protecting their private information. Today we will discuss among other things the irss efforts to address these types of challenges and times for progress and modernization. The finance committee has always taken the oversight responsibility with the irs very seriously and for good reason. The irs is the only federal agency that deals with ever
Remain confident we can find a way to have a strongly bipartisan markup, and ill wrap up by saying my sense is this place cant have enough come mitty thats comity with a t, and i thank you for your efforts to work with us and i look forward to the houring. I look forward to looking with you. We make good team. Well now proceed with our scheduled hearing on taxrelated matters. Every year, the committee holds a hearing own thanks Filing Season, provides us as discussion toing a charged with administering our complicate, convoluted tax code and collect taxes. Taxpayers face new challenges as the file their tax returns. Including but not limited to protecting their private information. Today we will discuss among other things the irss efforts to address these types of challenges and times for progress and modernization. The finance committee has always taken the oversight responsibility with the irs very seriously and for good reason. The irs is the only federal agency that deals with ever