US Futures are Sharply Higher This Morning After the Senate Passed Their Version of the Tax Bill Early Saturday Morning

US futures are sharply higher this morning after the Senate passed their version of the tax bill early Saturday morning.  The vote came out 51-49 in favor of the tax bill which will now need to be a joint bill between the Senate and the House.  The progress in the tax reform has helped reverse the losses Friday which came after news that  Michael Flynn, a member of Trump’s election team, pleaded guilty to lying to federal investigators.  Markets in Europe are trading higher on the back of the Senate’s tax bill vote while Asian markets closed mostly lower.  

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