House prepares for crucial tax bill vote
Markets are looking to rebound big today, with Cisco and Walmart driving the early rally. Meanwhile, investors eye DC as the House gets ready to vote on its tax bill. Yahoo Finance’s Alexis Christoforous, Myles Udland, Jared Blikre, and Justine Underhill discuss the big stories of the day.
Today’s topics:
House set to vote on tax bill
GOP Sen. Ron Johnson opposes tax plan
Pres. Trump to visit GOP House members
Stocks open higher—first time in 7 sessions
Walmart shares surge to record highs
Cisco shares soar to 16-year high
Almost 1.5M people have signed up for Obamacare during open enrollment
Hasbro, Mattel lower after Mattel rejects takeover offer: Reuters
L Brands sinks after VS says cutting swimwear slashed sales
RH soars after raising Q3 and fiscal 2017 guidance
Viacom misses on EPS after losing US ad revenue
More women accuse Roy Moore of sexual misconduct
NFL accuses Dallas Cowboys owner of hurting league
Leonardo da Vinci painting goes for $450.3M
TWITTER POLL:
How serious is the Jerry Jones controversy for the NFL?
-Major hit to the league
-Bad considering timing
-Not as bad as the Giants
-No big deal