Page 23 - Downside Pressure News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shery you are watching daybreak asia live from new york, sydney, and hong kong. Annabelle asia is major market opens. Haidi a big week with centralbank decisions in focus and the dollar is slightly weaker in monday trade. Michelle bullock is taking charge of the rba. Fresh tests ahead for Country Garden with deadlines for bonds. Shery u. S. Futures with a little upside after stocks fell in new york on friday. S p 500 had a weekly loss and nasdaq 100 fell 2 . We are watching many things including triple witching options expirations and anxiety over the fact we do not know how long the auto sect...

Senate republican tax bill are improving. Alaska senator Lisa Murkowski has agreed to kill obamacares individual mandate. She has not yet endorsed the tax bill but said she preferred not to mix it with health care. That is welcome news to our next guest, Grover Norquist, the president of americans for tax reform. He joins us from washington. Happy turkey day. Grover it is a big day for tax reform. Kevin let me ask you about whether or not individuals in the middle class are going to get a tax break, when they fill out their taxes in january. Grover they are going to be better off and i suggest...

Julie a flip of yesterday where the doubt was the winner and the nasdaq the loser. Dow losing steam. Nasdaq points as the gains a half of 1 . Not recuperating all of the losses we saw yesterday. Making progress in that direction. In addition to the tax plan jockeying for position, we have ended your positioning and rotation we have been talking about. Lets look at the bloomberg to see what is up in what is down. Technology is the best performing group in the s p 500. Health care and financials also getting but not by nearly as much as with utilities and telecom the two worst performing groups ...

Technology specifically. We have investors and traders coming back and attack after that rotation out of it, a couple of times notably in the past week, most recently yesterday. The dow, not much changed, hitting a bit lower. Thats a different picture than we saw yesterday. Heres another way to look at it. You can look at it as value versus growth in this market. Heres a way to compare. The s p 500 pure value index and the pure growth index. In the gap between the two in terms of their percentage performance. And what we saw yesterday was the gap between the two, value beating growth by the mo...

And amazon tops 1000. Stocks up 50 and on course for a 1 trillion sale tag. 1 trillion in sales. Yvonne a trillion dollar company, yvonne. Speaking of trillions, we saw on interesting reaction in the bond markets. Again, another day where yields the house and Senate Finally passed a tax reform package. Theaps all of this by on rumor in salem the news is affecting not only equities, but also the bond markets as well. Yvonne yes. Callsall of the extreme for yield curves to flatten, it seems like we are pushing back on that now. We are seeing a steepening here as we close 2017, betty. Reaction in...