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The fda giving the green light to one of its power drugs. Power lunch begins right now welcome to power lunch. Take a look at this record rally. All three major indices hitting new highs. The s p and nasdaq also higher and she can out the semiconductor. The smh tracked the group up more than a percent. Well have more on that, later thank you very much. Two trade deals in one week. It was supposed to quite all those trade concerns but some are now questioning the feasibility of the deal with china and now mexico has objected to some of the terms of the new usmca. We are joined from washington. ...

The Senate Armed Services Committee Mike rogers says russian president Vladimir Putin sees little price to pay for such actions. And only President Trump and defense secretary james mattis have the daytoday authority to respond to russian activities at their source. Humanitarian convoys are ready to move into warravaged syria, waiting for the ceasefire to take effect. It is immediate and given the situation on the ground, we cant wait any longer. They fail to stop the carnage in the Eastern Region that killed more than 500 people since last week. Naples, italy, was hit by heavy snowfall today ...

It was a good day. European markets have been reacting to the day we had on monday and, they are all losing to the tune of lets call it over 2 you can see germany dax have been particularly weak not just yesterday but last week as well. The german what they should be higher than ours, their central bank loves to try to take business. They have not reached those negative rates yeah. Speaking of rates by the way, it is such an enormous concern i guess of our markets as we watch the 10yr hits a 4 and 5 last week on job number on friday we backed off on the yield as you can see that upton pri o pr...

Strengthening into a category 2 storm. Well hear from the chief hurricane spags from noaa with the very latest on the mega storms coming up. But lets start with various stories that investors are paying close attention to. President trumps comments on the debt ceiling, the future of the fed, tax reform. Eamon javers still there at the white house and Steve Liesman has a look at gary cohms future and ylan mui has been monitoring the opposition thats growing to tax reform eamon, let start with you. I know they will kick you in that room. Whats the story just saw the press conferenced, very inter...

In beijing europe is weak and claims a little higher than expected. The twoyear is at a nineyear high our road map begins with retail movers macys and kohls moving in different direction. Plus, more media m a intrigue the future of at t and time warners deal is in question as the department of justice asks for changes and the two sides may end up in court. And futures are slipping. Markets are awaiting more on tax reform today, as we digest a number of earnings movers. So lets kick it off with jim, who is at west point today, ahead of a big show tonight, jim. And were looking at some early wea...