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CNBC Worldwide Exchange November 8, 2017

Wilfred frost today. Good to have you here one year later we will take your temperature on this market feels like a long time in some ways, real quick on others. That night, election night, wilfred and i were here at this time, i think we started anchoring 2 00 a. M. , futures were down 800 points then they came right back up even if you thought that it was going to be fine it was going to come back, you didnt think it would be within hours you didnt think you would see maybe you did, 20 climb s...
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BLOOMBERG Bloomberg Markets European Close November 8, 2017

To the amd desk end of the wednesday session. Sterling down against the dollar as is the norwegian krone. Bonds are falling. Cfo helenporate news, where is stepping down. That is a clothing retailer that is extolling rating court store closures. Urgency suggests the new chairman has stamped his authority on the retailer just two months into his tenure. Shares up 1. 5 today. They fell by 5. 3 , beating estimates. Boostingg cement, profit as the u. K. Misses out amid uncertainty caused by brexit. ...
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CNBC Fast Money November 8, 2017

President trump was elected, and his most important piece of legislation hangs in the balance, tax cuts. And well hear from one republican congressman why hes voting no. First, one of the biggest deals of the year between at t and time warner, worth about 85 billion, could be in jeopardy following pressure from the department of justice after a series of threats from the Trump Administration lets bring in our own Andrew Ross Sorkin who helped break the story, he joined us on the the fast line. A...
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CNBC Worldwide Exchange November 9, 2017

Im wilfred frost. Lets get straight to the market picture. Some record closes, but slight gains yesterday. We are seeing slight pullback in terms of that tone this morning. Down about 38 points for the dow. Nasdaq down 8. S p down about 4 points. Week to date we are showing slight gains for these three main indices that hides another story that people are pointing to, the small cap decline. Lets look at that very quickly. Week to date, bouncing back a bit, but that decoupling from the big cap st...
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BLOOMBERG Bloomberg Markets Americas November 9, 2017

We did see a little bit lower. Julie i think the black screen behind you was reflective of the mood. That is what they are trying to convey after the headlines regarding the Corporate Tax rate cut. Already, there was some riskof sentimentsf risk off sentiments today and that sent stocks to the lows of the session. As welle of the majors as the russell 2000 now at the lows following the headlines. There has been a lot going on overnight. There were some gerbils and the japanese market, european s...
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BLOOMBERG Bloomberg Markets Americas November 9, 2017

Great to speak with you once again. Let me start with asking you how you are processing all of this happening on capitol hill. Housef republicans in the and senate wants. We just heard the senator of north dakota saying the top tax rate will be 38. 5 . How are you processing what is happening . Mick we love it. We are having a great time because every time we hear more details, what we learned is it is reinforcing the fundamental principles are being met. The contest we set up six weeks or eight...
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CNBC Fast Money Halftime Report November 9, 2017

It sounds, though, that youre more interested than you were even a couple of weeks or months ago when you said im considering or i wish i could think about it but i really cant. No, i wouldnt say im more interested i just think the circumstances continue to change and as things evolve, it becomes more interesting as a citizen, i become concerned. Look, where im at in my life, if i have a chance to influence policy or if i have a chance to do something good for the country, i want to try to do it...
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BLOOMBERG Bloomberg Daybreak Americas November 9, 2017

We are waiting for macys earnings to go across, and we look at you updated when they go across. Talking about a weaker dollar. Done 5 10 of a percent. Over all, you are looking at a nikkei that got wiped out. Really confused traders and market participants. Yen shooting up after that. I am taking a look at the contents, q 10s, flatter. Copper is an interesting options move. 10,000 copper by december of next year, started trading at 4. 5 million in on my trade. Jonathan i just assumed you have a ...
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CNBC Power Lunch November 9, 2017

Buy timewarner a big power lunch begins right now. Welcome to power lunch, im melissa lee. Were just off session lows but stocks have accelerated losses here in the afternoon. Worst day in nearly three months stocks pushing lower following new details of the new Senate Tax Plan including a possible delay in Corporate Tax cuts. For all the details we have, lets head to john harwood in washington john the senates got a problem, their budget reconciliation rule allows them only to reducethis tax bi...
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CNBC Closing Bell November 9, 2017

The sfenate flaplan ylan reporter we dont have to rely on sources because the Senate Version of the tax bill is now officially out. Here is some of the key details. As weve been reporting, it would delay the introduction of the corporate rate cut by one year to 2019 however, it would get down to 20 and stay there permanently it would also limit the ability of companies to deduct their interest, but give them full and immediate expensing for five years. The individual side of the senate plan is q...
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