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Small cap russell index is often seen as a proxy for tax reform that index is underperforming again today. Well have the latest on any changes to the house tax plan, and we have an update on the senate tax plan. Which is still to come lets start, though, with todays earnings parade that is driving big moves in the market. In various stocks. Bob pisani joins us now with the highlights from this morning and we have a preview of whats still to come here tonight, bob. Retailers coming, bill, but remember 75 done. Still a lot of retailers just want to companies in general, just take a look at royal...

The day before climbing back, still the worst for the dow and s p in two weeks lets get to ylan mui in d. C. For a breakdown on the details that moved the market today, hi, ylan reporter hi, melissa the big news in the senate plan was that it delays the Corporate Tax rate cut by one year it wont take effect until 2019. And then it will go down to 20 . The house also passed its version of a tax bill out of committee. There were some significant changes to the way that it addresses the Corporate Tax code as well. The house version of the bill would raise the repatriation rate from 5 and 12 to 7 ...

We are waiting for macys earnings to go across, and we look at you updated when they go across. Talking about a weaker dollar. Done 5 10 of a percent. Over all, you are looking at a nikkei that got wiped out. Really confused traders and market participants. Yen shooting up after that. I am taking a look at the contents, q 10s, flatter. Copper is an interesting options move. 10,000 copper by december of next year, started trading at 4. 5 million in on my trade. Jonathan i just assumed you have a bloomberg inside your head and you saw the earnings coming through. Coal, positive 0. 1 . And totalt...

If just part of that comes back here, thats quite a stimulus, at no cost to taxpayers. Lets get to politics. From President Trump, hes invited philippines duarte, and another surprise, the president has promised on key issues to keep the government running until the end of september. Varney company, about to begin. A live look at capitol hill and the white house and an agreement on funding the government. Its a trillion dollars spending package that would keep the government operating and keeps going through the end of september. Here is what is out of the bill. Here is the compromise. No fund...

Some kind of Infrastructure Initiative by the Third Quarter. Some details to be filled out before then and we will present a new plan to restore americas competitiveness. Dagen amarnath first on the fox Business Interview straight ahead. Earnings in focus, especially apple. The tech giant after the recording bell today. All the numbers seen it coming up. Futures hover near the flat line. It is down for the dow yesterday. Dow futures up five points right now, but the nasdaq closing at a new alltime high on monday. In europe, stocks are higher after the long holiday weekend. Gains across the boa...