Quarter of one percentage point. The ftse 100 is intending on keeping its high in terms of sterling. Just a point higher. Germany down about 2 10 of 1 . Makro movers, the column with all the Economic Data is very quiet in europe. Is taking up much of the room for the forex. Swedish krona is having a great day. Bonds, yieldsto are rising in the likes of germany and france as well. A little bit of selling in germany. The twoyear yield 18 basis points in germany right now. That is for the european markets. Lets take a look at the u. S. Markets. Abigail we are looking at modest gains for the major u. S. Averages and seb dow and s p 500 slipping between very small gains and losses. Yesterday, the s p 500 on the close did have its worst day since october 11. A little bit of weakness there, but looking at modest gains. Also trading higher today are the small caps. Similarlook at story to what is happening on the year. This is a six month charge. And the blue, we had the s p 500. Cap index. Te
See for donald trump. To learn starting about what the Trump Administrations plans are. We go to our chief washington correspondent. We argued a reporting about this budget outline and when it may come out. Take us through that. Later today, the white house is respected to release a twopage summary of President Trumps proposal. This comes one day before President Trump addresses a joint session of Congress Tomorrow in prime time where he will lay out his policy proposals. Imt of the sources speaking with want more specifics. Heres what i can tell you so far. For the cut spending state department and the Environmental Protection agency, but it would boost military defense spending. We have reports that they may trim back their expectations of growth. That is something terribly important to people watching this program. What is behind that . Precisent have a reason for that estimate. That would perhaps show a slight reassessment this administration has in the economy. Economicput through
Trading session for the first trading session of the month of november. Stocks just off session lows, take a look at the declines across the board here, dow down by 85 points. S p is down by. 6 . Nasdaq down by. 6 as well. Health care, as well as telecoms, among the biggest losers here. Watching small caps down, down by 1. 2 . Outpace and declines in the overall market. This is a sector, area of the market seeing twice declines of the overall s p 500 in the past month. Apple, a drag overall, ubs survey indicating demand for the new iphone in china, seeing that stock just off session lows, down by 1. 5 . Thank you very much, melissa. Im tyler mathisen. Welcome. Here is what else is happening at this hour. Gannett says it is ending a sixmonth long bid to buy the newspaper publisher trunk. I love that. Construction spending falling in september. They were expecting an increase. And the fed picking off a twoday policy meeting in washington. Well have full coverage of the feds decision on I
We really had stagnated market for almost two years. Barely inching up highs. I think that trumps and republicans program which the market is much more in favor of than just trumps program can certainly spark another 5 or even more increase. Now, whether it comes by the end of the year, well have to see, but i think we have to be very encouraged by the choices certainly they pick for treasury and commerce. I mean, these are men that are very aware of markets. Theyre very aware of the globalization of our economy. Whats important is that if he goes into an extreme protectionist or import mode, tariffs is greatly reduced with these advisors he has chosen where. He deserve all of our respect. You deserve as much credit as anybody. You have been saying 20,000 on the dow for the better part of a couple of years, if i recall correctly, but nothing has happened yet with the trump administration. These are projections that things are going to happen, and the market has run as if everything has
That is one crazy piece of video. Im melissa lee. The record run continues today. The dow hitting a new alltime high. The s p 500 close and the nasdaq is having its best with oneday gain in nearly a month. Tech stocks are rallying and so are financials. Small caps do well with the russell 2,000 with the best day since november 11th. Im tyler mathisen. Here is what else is happening. North Carolina Governor Pat Mccrory conceding his reelection effort to democrat roy cooper. The ism nonmanufacturing index moving for the 82nd straight month. Its not as it is now at its highest level since october of last year. And National Steak and poultry is recalling nearly 2 Million Pounds of readytoeat chicken probabilities because of possible bacterial contamination. Marcus is here, the profit is in the house, he will be with us throughout the show, the whole show, with so much to talk about. So much. A lot of things from politics to the markets and much more. Yep. But first, to the trump rally and