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Comments from Steve Mnuchin about tax reform and stocks that investors are talking about. Tax reform or look out below is that what we need to start thinking about well, i think, number one, we dont want to pass a tax bill just to support the market markets are up 80 of the time, number two number two, its an irresponsible comment by mnuchin and number three, the u. S. Market is lagging other markets around the world, so theres no or very, very little expectation that a tax plan will occur and that it will occur thats going to impact this market. Heres Steve Mnuchin with these comments there i...

More on that in a moment. But we begin tonight with a company that is an american icon, albeit today a tarnished one, General Electric. Today the company missed earnings forecasts by a lot, a stark reminder of the work that lays ahead for the new ceo. He summed up the quarter by sayi, our results are unacceptable, to say the least. Early today, wall street agreed. But after falling sharply, the stock made an about face, an abrupt one, embarking on its biggest comeback since 2009 and finishing up 1 . Morgan brennan takes a look at the quarter and what may be ahead for ge. Reporter for General E...

Director harper, reiskin, present, mr. Chairman, you have a quorom. Item three, communication. Im not aware of any. Item four, directors new and old business, and seeing none, number five, executive directors report. Earlier this year appointed process authority of Northern California regional director as a representative on our board. The next steps were for the current member agencies to, excuse me, to obtain concurrence from the respective boards. That step has been completed. Todays agenda we have an item for the board to approve amendment to the bylaws and rules of order to add California...

Back with more. The markets hanging on to just a slight gain at this point. The dow is being helped by walmart, dragged down by cisco. With that, well turn it over to scott wapner and the halftime. Thank you so much. Well keep our eye on things taking place in the nations capital. The market, a nice little comeback after the worst day of the year for stocks. The dow only up about 17. 5 points, s p up less than 4. It is the nasdaq up 20 points, still hanging above 6000. With us for the hour today, joe, josh brown will be along in a moment, kevin oleary is mere and Mario Gabelli is here. Its goo...

Down, we will take your questions about additional currency. First, we start with what looks like investor heaven. Stocks are soaring, the dow is up 7 the year, the s p had a record high of 9 t. Nasdaq also had a record up a staggering 15 this year. Its not just stocks, gold is up 9 . Bond is up. Its the same across the globe. So is this investor heaven . Or is it something has to give, guys . Smr smag has to give, absolutely. Right now, i love the graphic and the hearts and everything. Did you ever have harp lessons as a kid . I think you say the course. We had a section last fight, do you st...