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Pro Analysis

Here are the 10 most important stories for investors Wednesday morning

President Donald Trump gestures during a joint session of Congress in Washington, D.C., U.S., on Tuesday, Feb. 28, 2017.
Jim Lo Scalzo | Pool Image via Getty Images
President Donald Trump gestures during a joint session of Congress in Washington, D.C., U.S., on Tuesday, Feb. 28, 2017.

A daily morning look at the financial stories you need to know to start the day.

STOCKS/ ECONOMY

-Stock futures are solidly higher as investors react to President Donald Trump's speech to Congress Tuesday night. Asian and European markets were up as well. We get economic data this morning, including personal income and spending.

-Lowe's just announced earnings that beat expectations across the board, showing the housing recovery still has steam. And mortgage applications surged 5.8 percent, as rates briefly dipped last week.

TRUMP FIRST 100 DAYS

-Trump's speech called for his expected agenda of tax cuts, border security, defense spending, and infrastucure budgets. But reports that he would offer some kind of reversal or compromise on immigration turned out to be false. Instead, he proposed a game-changing turn to a merit-based immigration admission system.