Welcome to power lunch. Heres where we stand with the markets now. Look at this the dow here right near session highs, higher by more than 300 points that was after yesterdays big market comeback really starting staging momentum in the afternoon. Tech driving the rally today nasdaq up. And check out defense names like lockheed martin. Both hitting record highs today. Higher lockheed by 2 . Northrup by more than 2 despite the fact stocks are rallying right now, slowdown fears are still looming like a dark cloud over wall street. Steve liesman joins us with a rapid update on gdp. The numbers in the trailing quarter were good. But what is the future well, the trailing squaurt is where the action was this time around added inventory and this is the most boring part of economics, but may be the most influential. We had a run off and it ran off more in the Second Quarter remember the 2 from the government when it first came out . Were down another tenth when others were down another tenth to
There are steps taken in recent elections. The Council Voted to extend the mandate of the mission for a final six months. President trump has signed legislation to give states flexibility to withhold federal familyplanning money from planned parenthood. It is part of a broader effort by republicans to cut off federal funding from organizations that perform abortions. The first female u. S. Muslim judge has been found dead in the hudson river. The body of sheila abdussalaam was found a day after her husband reported her missing. She was an associate justice on the new york court of appeals. Authorities say there are no signs a crime was committed. Im Mark Crumpton in new york. Bloomberg technology is next. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, apple announces three of its suppliers have pledged to use only Renewable Energy. We will have an exclusive interview with an apple executive. The largerscuss economy of the tech giants supplied chain. The battle line
I am olivia sterns. Coming up on the program, the worlds greatest golfer gary player shares how to perfect your swing as the u. S. Open tees off today. Our top story. Bnps coo is stepping down. Pressuring theen worlds biggest bank to dismiss de courcell. This link to investigations over sentient violations . Bnp is letting him go of his own accord. It was his decision to step down. There has been a lot of indications in the media that u. S. Regulators were calling for his departure. We should be clear. He has not been accused of any wrongdoing. I want to ask you about your sense do you think bnp can afford this if they get cut off from the u. S. Dollar Payment System . It is a lot of money. I do not think it was their intent to force the bank out of business. Spiraling bigger and bigger. Every bank has to pay more than the last one so the regulators can show they are taking a very aggressive approach. Fair, it is not the reason that is up to 10 billion because of the sense that bnp was
A dozen flights to europe. And was just ceded kashmir is the only border region between india and pakistan some one thousand five hundred kilometers further south is the indian state of gujarat. The home of indian Prime Minister Narendra Modi who is currently campaigning for reelection on the promise of creating thousands of new jobs and boosting the economy one of the countrys main exports is salt and a good there is plenty of it. The wide expanse of pure white nothingness can be mesmerizing the salt marshes a coach in the far west of india on the border with pakistan thousands of square kilometers of salt crunching beneath the feet with each step people from around the world come here for the unique experience bills like. Like a moon moonscape or something. Never seen it before like. Life here in outer space or something. But for others its a searing white hell the salt harvesters many shylocks man works here with her husband for less than one dollar a day the sodium chloride is hars
Is the indian state of gujarat good herat is the home of indian Prime Minister Narendra Modi who is currently campaigning for reelection on the promise of creating thousands of new jobs and boosting the economy one of the countrys main exports assaults and a good rut there is plenty of it. The wide expanse of pure white nothingness can be mesmerizing the salt marshes a coach in the far west of india on the border with pakistan thousands of square kilometers of salt crunching beneath the feet with each step people from around the world come here for the unique experience feels like. Like a moving moonscape or something kind of match. Ive never seen it before. If youre in outer space or something. But for others its a searing white hell the salt harvesters many shylocks man works here with her husband for less than one dollar a day. The sodium chloride is harsh on the skin and most of the workers here where no protective clothing. When they act like that i dont like this job i hate it i