Further. Bp shares jump after it sheds alaska assets for 5. 6 billion pulling out of the state after 60 years as it seeks to boost its Balance Sheet thomas cook agrees to key terms of a rescue package with stake holders sending shares sharply lower as brokers warn it may lead to a delisting of the stock a very warm welcome to street signs big day in italy not only on a political front but we have a little bit of data on the confidence front we have Italian Consumer confidence for the month of august thats fallen to 111. 9 versus july at 113. 3. In terms of business confidence, that has fallen to 98. 9 versus 101. 2 in july so that is below the 100 level. Thats fallen to 9. 7 a ton census looking for 99. 8 and thats dropl whiche have seen in july. So moral taking a hit. He called the end to the coalition and called for a snap election now you just saw there on the screen, the euro trading slightly higher versus the dollar you can see its fairly resilient. Let me bring you up to speed in
Energy, you name it, and it happenedn a relatively quiet day that saw the bond market continue to flash a recession signal, an unusual phenomenon we have been telli youbout. Today investors brushed it off so here are the closingth numbe. Dow jones industrial average added 258 points to close back above 26,000. The nasdaq gaine 29 and the s p 500 was up 1. But what will it take for the bullo stay in charge . Bob pisani put together a checklist. Reporter bulls cant wait to get out of august. Theyre hopeful for more stanl Global Economic data, more help from central bank easing, most importantly no radical downward revisions for the earnings estimates in third a fourth quarter. Earnings are the key, and so far other than notable downward revision in energy and materiars, flattish for the s p 500 remains the buzz word for 2019. Thats good enough for the market. But the bears have plenty of. Ammuniti trade wars are hurting growth and those earnings, and now lower yields have emerged as the
Growth overseas. And a promise and a warning. Talking about Nuclear Weapons and at the 2015 Iranian Nuclear deal. Lets get started with a check of markets. We saw the s p. , 500 fall for a second consecutive session, and finish below the 3000 level. Industrials leading the declines. The dow also down 4 10 of 1 . We have the dow transportation average, a gauge of economic growth, sinking at one point to its lowest since december. A mixed bag of corporate earnings, not to mention lingering trade tensions between the u. S. And china. Unchanged. Lets look at how things are shaping up for the asian market. Looking quiet on the trading front. Volumes likely to continue in asia, futures pointing lower. Stocks adding about 1 10 of 1 . Central banks and earnings will be top of mind. The jury is out on the bank of indonesia, cutting rates today into the chip sector is on watch, following earnings from asml that got a boost in 5g. And also on tap, japanese trade numbers that may show weakness eas
Veterans crisis hotline. This hearing is just under 2 1 2 hours hours. Good morning. Today, we are pleased to welcome back a good friend dr. David shulkin, the new secretary of the department of veteran aff r affairs and the last time that you appeared before our committee, you were a v. A. Undersecretary for health and now kicked upstairs after a Unanimous Senate confirmation vo vote, and let me repeat it is uniu mouse, and that is going to say a lot in this political environment, and so congratulations. With your Extensive Health background, i know that you have a great background in the philadelphia area, and i learned that you were in marstown, and in the district for some time, and so you bring a lot of exfeerns the job, and these days the challenges are daunting for you. We realize that the hear sung usual. Rather than the typical Budget Hearing that we have at this time of the year, we are limited to the discussion of the skinny budget, and the skinny budget and the materials th
Veterans crisis hotline. This hearing is just under 2 1 2 hours hours. Good morning. Today, we are pleased to welcome back a good friend dr. David shulkin, the new secretary of the department of veteran aff r affairs and the last time that you appeared before our committee, you were a v. A. Undersecretary for health and now kicked upstairs after a Unanimous Senate confirmation vo vote, and let me repeat it is uniu mouse, and that is going to say a lot in this political environment, and so congratulations. With your Extensive Health background, i know that you have a great background in the philadelphia area, and i learned that you were in marstown, and in the district for some time, and so you bring a lot of exfeerns the job, and these days the challenges are daunting for you. We realize that the hear sung usual. Rather than the typical Budget Hearing that we have at this time of the year, we are limited to the discussion of the skinny budget, and the skinny budget and the materials th