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Appetite. Alix as you were pointing out, youre not going to see a lot of Movement Ahead of what is going to have any jackson hole. S p futures down by about two tents of 1 . You have utilities making a record high yesterday, so a little bit of risk on the side. You do have dollar u. N. An with its biggest drop yesterday. Time now for global exchange, where we bring you todays market moving news from around the world. Joining us from london is bloombergs emma chandra. From wyoming, Michael Mckee. From sao paulo, julia leite. First, i want to start in europe. Euro area pmis coming in slightly strongerthanexpected. Bloombergs,go to chandra bloombergs emma chandra. Emma we saw the pickup and composite pmi across the area. We also saw in france a return to growth for french menu factoring. The real headlines out of germany were in manufacturing remained in contraction mode is the e ....
And 8 billion read a mistake is just under 5 . Hes pushing for changes at the Company Including a possible sale. Up about 5 as a result of that news. Its crunch time on capitol hill for republican tax writers. Finaluse bill is in its day of mark ups. The ways and Means Committee has been debating and shaping the tax cuts and jobs act. We will be one step closer to cutting taxes for americans at every income level. David after election losses in new jersey and virginia the pressure is on for republicans. Lori davidson joins us. Let me ask you what we expect to see from the senate today. We have seen some headlines. How different are these pieces of legislation . Very different and they continue to be different both on the house and senate side. Trying tore still figure out what this is going to be. On the house side they are going to vote this thing out of committee and th ....
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 weeks ago we set the most focus on,re middleclass tax cut in the tax and thets more simple, tax rate is as low as we can get it at 20 . The houseal about bill, just hearing stuff about the senate bill today. Those principles are being maintained, which is encouraging. It means they are taking our proposal seriously and setting those in stone. Right now, it looks like were negotiating the smaller details. It does not mean they are not important, but things are moving in the right direction. Pres ....