France and italy are positive. The dax in germany lower by a fraction of 1 . In asia, major markets are mixed at this hour among the headlines out of the region. Growth in Chinese Services sector slipping to a sixmonth low in july. The nonmanufacturing pmi showed new orders rose at the weakest rate in at least a year. Brian, the nikkei is down slightly but the rest of the major averages across asia are slightly higher. Kayla, thank you very much. Folks do think its a slow summer week. You better think again because another big round of earnings are coming your way. Among the Companies Set to post numbers this week, aig, disney, time warner, aol, fox, cbs, wendys and hundreds more. The wall street journal reporting overall revenue in s p 500 companies seat to rise 4. 3 from last years second quarter. And that, folks, marks the fastest growth since the Fourth Quarter of 2013. The article also notes other companies that have already reported their earnings. Twothirds have beat the sales t
Welcome to market makers. And im joe weisenthal. In for joe today. We have a lot to cover. We have to cover greece. The top business stories from around the world. The winner john lohan has joined the board of Lions Gate Entertainment in a stock swap deal. Lions gate is the studio that produced the multibilliondollar hunger games movies. The company is giving malone and his affiliates at 3 stake. In return, lions gate will get 14 of the voting power and malones starz tv network. Time warner has beat profit estimates for the 24th quarter in a row. Fees for its cable channels and hbo help offset a drop in advertising sales. So did job cuts across the company. Time warner is trying to attract new viewers by offering a web only subscription to hbo for hip millennials. A Record Number of americans renounced their citizenship last year. More than 3400 turn in their passports. One likely reason, a law that gives the irs unprecedented access to americans foreign bank accounts. That nbc news in
It could have been one for the record books. Stocks dived from the getgo. Within minutes the dow was down nearly 200 points. There were fresh worries about slowing growth in china, to be sure, but that wasnt the half of it. What really spooked investors was this the stunning sight of tens of thousands of prodemocracy demonstrators flooding the streets of hong ko kong. Police cracked down hard. Banks and other hong kong businesses shut down for the day. Stocks sold off in asia, then in europe. The demonstrations continued well into the Early Morning Hours Tuesday and may well continue for another day. After that early tumble, though, u. S. Stocks fought back. Heres how things looked at the closing bell. The dow down just 42 points. The nasdaq lower by 6 and the s p 500 lost 5. In hong kong, the hang seng index had a terrible monday with stocks falling nearly 2 . Susan lee is on the ground in hong kong with more on what the protesters are demanding and why investors are paying such close
It could have been one for the record books. Stocks dived from the getgo. Within minutes the dow was down nearly 200 points. There were fresh worries about slowing growth in china, to be sure, but that wasnt the half of it. What really spooked investors was this the stunning sight of tens of thousands of prodemocracy demonstrators flooding the streets of hong ko kong. Police cracked down hard. Banks and other hong kong businesses shut down for the day. Stocks sold off in asia, then in europe. The demonstrations continued well into the Early Morning Hours Tuesday and may well continue for another day. After that early tumble, though, u. S. Stocks fought back. Heres how things looked at the closing bell. The dow down just 42 points. The nasdaq lower by 6 and the s p 500 lost 5. In hong kong, the hang seng index had a terrible monday with stocks falling nearly 2 . Susan lee is on the ground in hong kong with more on what the protesters are demanding and why investors are paying such close
Record books. Stocks dived from the getgo. Within minutes the dow was down nearly 200 points. There were fresh worries about slowing growth in china, to be sure, but that wasnt the half of it. What really spooked investors was this the stunning sight of tens of thousands of prodemocracy demonstrators flooding the streets of hong ko kong. Police cracked down hard. Banks and other hong kong businesses shut down for the day. Stocks sold off in asia, then in europe. The demonstrations continued well into the Early Morning Hours Tuesday and may well continue for another day. After that early tumble, though, u. S. Stocks fought back. Heres how things looked at the closing bell. The dow down just 42 points. The nasdaq lower by 6 and the s p 500 lost 5. In hong kong, the hang seng index had a terrible monday with stocks falling nearly 2 . Susan lee is on the ground in hong kong with more on what the protesters are demanding and why investors are paying such close attention. Reporter the street