Buyback. 28 , lessalibaba down than one year since the company went public. Uber beefing up the Security Team to defend against hackers. The Financial Times says by the end of the year google uber will quadruple the security staff. If he is elected president , donald trump says he would deport all undocumented immigrants from the notice states. Appeared on meet the press mr. Trump we have a whole new set of standards. Chuck you will split up families, the poor children. Mr. Trump they have to go. We will work with them. They have to go. Olivia donald trump stole the show at the iowa state fair, flying in on his helicopter. It is a tradition for candidates who like deepfried oreos. Cory who does not like deepfried oreos . Olivia nobody. Wreckage has found the of a planet lost contract contact with air Traffic Control in cloudy weather. Jason golf, australias day set a major tournament scoring record to win the pga championship, finishing 23 under. I know you are passionate about watchin
And jack lew. Brendan it is like the president and harry reid. They are all members of the same party. It is more who is responsible for the party. Tom i want to know about the german parliament. As move on to top headlines. He was vonnie quinn. Vonnie good morning for you later today the Federal Reserve is releasing minutes from last month policy makers meeting. Investors are waiting to see whether there is a consensus that september is the right time for the first Interest Rate increase in nine years. More than 75 of the economists surveyed say the fed will raise race will raise rates. The annan has devalued vietnam has devalued its currency for the third time this year. The government wants to make sure that exports continue to grow. Biggest trade its partner for at least eight years. Lawmakers in germany appear ready to back a third greek bailout. Angela merkel lobbied members of the lower house of the german parliament, trying to keep members from voting against the 95 billion aid
Data on inflation. Also minutes from the last fomc meeting. The july Consumer Price index will be released at 8 30 eastern time and at 2 00 this afternoon we should be getting more insight into what fed policy makers talked about last month and perhaps what theyre thinking about is the highly anticipated september gathering. Heres the other stories were watching today. Chinas wild and scary ride continuing, volatile perhaps not a Strong Enough word to describe the session. The shanghai composite dropped by 5 early on but then closed up by more than a percent. They point to government backed buyers as catalysts for the turn around as well as rumors that Chinas Central Bank might be ready to cut the key reserve ratio requirements for banks. German lawmakers are voting on a greek bailout. The legislation is expected to pass despite a growing rebellion within chancellor merkels on party. More from our colleagues in europe in a few minutes. Back here in the states the consumer remains front
Cci up one point today. Oil is just above 42. In our road map this morning, target with a beat and a raise while lowes misses. Issuing words of caution, and11s years ago today google went public. First up target posting better than expected numbers. U. S. Comps up 2. 4, driven by items includes apparel. And then theres lowes a Quarterly Earnings miss beating on revenue. Comps up 4. 3 but issuing guidance slightly above consens consensus. 25 straight quarters of underperforming depot. Everyone underperforms depot. That Conference Call yesterday, its like they had this comp average, okay, about what aisles are doing better than others, and there were almost everything. Big ticket stuff and big ticket appliance for lowes. In my many dealings with home depot, were excited about the outdoor. You get spring planting season. Thats historically their christmas. In huge parts of the country, they had bad business. They still blew away the numbers. I have to tell you i feel bad for lowes. Lowes,
Im wilfred frost. Im Kayla Tausche in for sara eisen. Good morning thanks for allowing me to come back. Youve been keeping it warm sense both of since both of us n out. Just one day futures pointing lower this morning. Well come to International Markets in a moment. A triple digit decline for the dow. Down about 100 points. Nasdaq down 27 s p down 10. Late last week, we had that pull back and a bit of a selloff. Early this week had seen a bit of red, but muted declines, 0. 2 yesterday we saw energy as the worst performer. Oil was slipping ge selling down. It was down over 5 . It was energy, the big decliner yesterday. Thats because oil prices slipped 2 theyre slipping again today commodities is a big part of the risk off move weve seen both yesterday and today in asian and european trade oil off nearly a percent 55. 2 for wti tenyear treasury note, yields have slipped significantly globally yields have been slipping and pulling down u. S. Yields the last day or two the u. S. Yields mov