Pretty much unchanged, but a few stocks are moving quite substantially, including gilead appliances, up, making a 5. 1 billion investment into europes galapagos. Theill be working more on inflammation joes, this is the hepatitis c drug goes away. Broadcom is up one and three quarters percent, that is up on the idea that the broadcom deal may not take place because talks have broken off. City group has turned itself around, the first of the megabanks to report this week. Some good elements come and some less good elements. Meanwhile, one of the major events overnight was chinas gdp growth coming in at 6. 2 for the Second Quarter. For more on the impact of this and of the Global Economy, stephen king is joining us, he is a senior Economic Advisor at hsbc. Talk to us about the china gdp growth number. It is not seem to be impacting markets much. Do you see Warning Signals . Agohen 6. 2 a few decades would be remarkably weak, but by the standards today, not bad. I think that the chinese wo
new york attorney general is coming after the trump organization, for what? lying about the property values of their stuff. we have got our legal experts here to bring it all down. and the countdown to midterms is on, and less than 45 days, heading to the polls for what i think is a critical election. so we are going to check in on some critical races, the new nbc poll finds enthusiasm for upcoming midterms that an all-time high. plus, we are launching a new series today focused on the organizations known as the divine nine. their efforts to drive voters to the poll. we are taking the series off with the national president of this sorority, she is giving us a peek into what he asked he is up to. i am simone sanders, i am back, and i have something to say. donald trump, he had a bad week. he is facing new legal challenges. first, there are developments involving the mar-a-lago case. and those documents seized by the fbi. three appeals court judges for the 11th circ
The president and his team set to dine with the two top dems tonight. Power lun power lunch starts right now welcome, everybody, to power lunch. Im melissa lee. Stocks are trading in a very narrow range the s p did hit another intraday high the best performing sectors, tech and materials, the biggest drags. Check out some movers. Up 6 . Leading the s p 500. The Company Buying new York Health Insurer fidelis care for 2. 7 billion take a look at dolby labs. Apple tv will support dolby vision here is what else is happening. Democratic senator, mark warner, asking the federal trade commission to investigate equifax Data Security practices and Customer Security response following the recent attack. Target getting ready for the crucial season hiring about 100,000 seasonal workers. That is a big jump from last year viacoms mtv seeing its first summer ratings growth in six years. Brian . Charlie, thank you. We begin with apple and its big event 24 hours ago in cupertino. Apple announcing three
Shanghai composite was flat. In european trading, things are barely changed the dax and ftse slightly higher cac down about 0. 1 . Italian stocks down as well, but in spain stocks are slightly higher checking out wti, still above 50 a barrel sitting at 50. 84 a barrel were following a developing story out of Northern California Deadly Wildfires burning unchecked there. Officials say 23 people have died from those fires. More than 3500 structuring have been destroyed leaving hundreds missing in chaotic evacuations firefighters are battling high winds as they try to contain two dozen blazes spanning eight counties yesterday a mandatory evacuation was enforced in sonoma county. Well get an update from Northern California later in the program. I didnt understand why this had been so hectic why people didnt know to leave and confused they were dealing with winds that were above 70 Miles Per Hour on sunday night when you think about that, that means the fire is moving over 70 Miles Per Hour,
Now. Sky 7 flew over the Santa Cruz Mountains to give us a better idea of what firefighters are up against. Take a look, sky map 7 on sky 7 shows you dawns road right there, in fact, the different roads surrounded by smoke in the middle of that thick forest. Abc 7 News Reporter matt keller is live in the Santa Cruz Mountains where he just got an update from cal fire officials. Matt . Reporter kristen, the battle continues on. I got the update from cal fire. They say the fire 152 acres and 5 contained. The flames are moving slowly here in the Bear Creek Canyon behind me. There is a lot of smoke here. Its tough to breathe. Tough to see. And its having a big impact on cal fires ability to fight the flames from above. Playing a big role, wed like to have a lot more aircraft on it but because of the safety issues because the smoke is down, really hovered down into it, we have to limit our aircraft. Reporter cal fire had six aircraft on order. Because of the smoke, theyre och only using thre