Earnings rising on a strong domestic performance, but a still slight miss underestimates. Rishaad Steven Mnuchin denying plans to restrict Foreign Investment in the u. S. , saying National Security always comes first. About half an hour before the trading day gets underway. Just taking a look at whats been going on. China under pressure. The shanghai composite. Lets go to the bloomberg terminal. Showing it is showing chinas a run of essentially a solid economic indicators, moving to consolation for the shaky Financial Market we saw last month. We saw the tightening in money market liquidities from autumn last year. Equitieslt, weve got fighting weakness. That is the top graph, the shanghai composite. That went down in april from near record highs. Haidi all of this despite having two consecutive quarters of pretty strong gdp growth out of china. That is not being reflected when it comes to market sentiment. We had the day off yesterday. They are rejoining trading in around 30 minutes.
Cook. He will talk about product, politics and terrorism. Conflicting reports from Banco Popular paired popular. Is there a buyer waiting in the wings . Just 30 minutes until the open of stocks in europe. First off, lets check. Qatari stock market, right now what you are looking hang on for a second is yesterdays trade. Yesterday we saw a drop of 7. 3 , the biggest for qatari stock by9 after they were cut off four other gulf nations including saudi arabia. Today, we are seeing a less steep drop for qatari stocks. Down at about 2. 2 to an even 9000. We will keep a night on middle eastern stocks has this problem is being worked out. President trump assures the world he is going to step in and deescalate the situation. As far as futures are concerned in European Equity indexes, take a look at my screen. This is a weei screen. Youk on the futures box and get the mispriced calculation by bloomberg. Like we will see a down open across the board, the exception of the ftse in italy and the omx
Trade to closer look at the Public Private partnerships. And then, the latest polling data exchanges in ohio may need some counties in this table have 00 marketplace options next year. No coverage. The president will meet with victims when he visits the state later today. Terrorism in tehran. As this claiming responsibility this morning preparing attacks in irans capital. Targeting parliament in iran in the shrine to the Ayatollah Khomeini. It looks like on the geopolitical event seems to be impacted investors. The election in the u. K. The European Central Bank Decision tomorrow and the testimony of fbi director jim comey to the committee. Dow industrials down about 11 points. Nasdaq composite up three points. Similar situation. The cac quarante is the best performer up almost one sixth of the percent and the day yesterday. The best performer shanghai f1 and a quarter of the made in that. Gruber takes action after his harassment probe. Fire 20 employees and will make other place betwe
Fbi your james comey will testify before the Senate Intelligence committee this morning. Comey will tell lawmakers about the complicated relationship with President Trump, prepared remarks claiming he told comey loyalty, expect loyalty. He wrote the president is not under investigation. Ive been a prosecutor, defense attorney military judge. That means in the minds of special counsel mueller there is no obstruction of justice case to be made because if he felt like he had a case he wouldnt make comey is cheap and only witness going public and cant be bad. Maria fox business bringing you live coverage of the comey testimony. The drama unfolding. The president pushing forward with his agenda. President trump will be with governors and mayors as part of his plans to revamp our countrys infrastructure. More on the agenda coming out. Yesterday we did see the beginnings of the markets impacted by all the noise in d. C. Looking at a rally. Dow industrials up 30 points. Nasdaq s p 500 in the g
Good morning warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema mody in for sara eisen. Great to have you here. Welcome back from london. Good to be back another surprise june election result in the uk well get the fallout from that in just a moment lets start with what u. S. Futures are doing after an extraordinary trading day on friday we hit record highs in the morning and a tech inspired selloff in the afternoon meant lackluster returns for the dow and the s p and disappointing returns for the nasdaq, down 1. 8 on friday the money did go elsewhere energy up 2. 5 on fridays session. For the week as a whole, while tech was down 2 financials were up 3 . A selloff in the tech sector the rest of the indices holding up all right the dow was up by 0. 3 the s p slightly lower and the nasdaq down 1. 6 for the week. This morning expecting softness. The dow called lore wer by 42 points the tenyear ending at 2. 209 the selloff in tech extending to asia. Some big heavyweight