Expect by wednesday. By the end of the week in the senates expecting the house to sentenced over the short term spending bill to fund the government until december 22nd current Government Spending expires this friday. Now live to the floor of the u. S. Senate. The presiding officer the senate will come to order. The chaplain dr. Barry black will lead the senate in prayer. The chaplain let us pray. Spirit of the living god, fall afresh on us this day. Radiate your hope and power through our lawmakers creating in their hearts an expectation of your best for them, our nation, and our world. May they face their challenges with total confidence in the triumph of your unfolding providence. Give our senators the wisdom to seek ways to Work Together to find Creative Solutions to the crucial issues of our time. As they seek to serve your purposes for their lives in this generation, may they remember the sacrifices of those who fought and died for the american dream. Lord, change and decay surro
Points s p turned negative. Down by lows to 3 points the nasdaq down by 72 points this morning a mixed bag again dow futures indicated up by 43 points s p down by 3 points the nasdaq down by 27. Overnight in asia, the nikkei ended down by 0. 3 the hang seng down by 1 shanghai down by 0. 20 in european trading, ret arroir across the board, though the ftse is at the flat line lets check out currencies yesterday cruel oil prices were down 1. 5 . This morning the dollar is up against the euro at 1. 1862 dollar yen at 112. 45 Republican Leaders in the house and senate are racing to merge the tax plans and send the bill to President Trump before the end of the year. A Conference Committee plans to reconcile the two pieces of legislation starting this week among the differences the house has four individual rates, the senate seven the house cuts the corporate rate to 20 right away the senate waits until 2019. The senate repeals the individual mandate while the house doesnt. Another point of p
The chart of the day, check out the yield curve. 210 spread. Points, we have seen the biggest decline in that 1980 ore like 2007. David what happens when we get to 50 . Do we have confetti . Alix that is bad. Get u. S. Adp5, we employment change data for the month of november. In london, Philip Hammond will be speaking at the Treasury Select Committee at 9 00. In washington, President Trump is set to make a statement on moving the u. S. Embassy in israel from tel aviv to jerusalem at 1 00 this afternoon. That is coming up today. Our top story this morning with the daybreak first take. Risk off markets overnight. Bitcoin hitting new heights. Of course, brexit because we always have to talk about brexit. Joining us are Lisa Abramowicz and joe weisenthal. Lets start with the risk off. What is going on . Joe good morning, i have no idea. It feels to me like the themes are international enough such that it is hard to point to one thing, except that a lot of things that have been working ver
Make big money if this cvs deal closes well tell you how much. Trying to count it up coming up first as you know, President Trump made this major announcement on israel today which could destabilize the middle east this coming just a day after carlisles David Rubenstein told cnbc the only thing that the market needs to worry about is an unexpected geopolitical event. The only thing we have to worry about in 2018 or 2019 some unanticipated geopolitical event, the black swan. But right now short of those kind of things i think the economy is reasonably good shape and probably going to be spurred on by the taxbill. Lets get to cnbcs eamon javers for a recap of eat vents. The president decided today to recognize that the capital of israel is in jerusalem breaking with longstanding u. S. Policy the president cast this as simply acknowledging the reality on the ground in jerusalem and said that he was fulfilling a Campaign Promise heres what he said earlier today. Today i am delivering ive j
Proisrael lobbying group in country before they took office. Soon z as i take offers, i will begin the process of moving u. S. Ambassador to city of israel. Jerusalem will remain capital of israel, it must remain undivided. Lou here is President Trump today. Today we finally acknowledge the obvious, that jerusalem is israels capital. This is nothing more or less than a recognition of reality. It also the right thing to do. An extraordinary contrast in leadership, courage, and convict, wouldnt you say. Well take it up with congressman ron desantos. Tonight, dems eating their own, democrats never work so viciously as when they work in the pack. They formed one today ask senator al franken almost 40 democrats getting together in that pack, including chuck schumer, calling for al frankens ouster as an eighth accuser is set to come forward. Franken to make remarks tomorrow, his Office Reports that rumorrors about his resigning are inaccuracies. Dangerous wildfires spreading unchecked across