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Pro Analysis

Here are the 10 most important stories for investors Wednesday morning

Luke Sharrett | Bloomberg | Getty

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

STOCKS/ECONOMY

-Stock futures are flat after Tuesday's modest rally. The ADP report on private sector jobs for August comes out this morning along with the second reading on second quarter GDP. Mortgage applications fell 2.3 percent last week as borrowers wait for even lower rates.

HARVEY LATEST

-Harvey is now a tropical storm and made landfall again today at the Texas/Louisiana border. 17 people have died from the storm and the flooding. A massive amount of Houston is still underwater.

TAX REFORM

-President Donald Trump will deliver a major address on tax reform today that will reportedly focus on more populist goals like eliminating tax deductions that favor higher income earners. But the White House also says the president will make the case for business tax cuts and explain how they benefit the middle class.