Spiking over those concerns over iran also coming up on the show, House Financial Services chair Maxine Waters on why she wants a hearing over facebooks crypto play, libra. Join us, stephanie link, from levine, welcome. Are you doing buying today little bit. Little bit like what little Semiconductors Semis little broadcom i started a position last week when it fell 8 on the day and i just kind of think that the valuation makes a lot of sense and well see. Its a china proxy for sure, so something good has to happen on trade but i think the valuation is discounting a lot stephanie i was talking to one senior trader who said that the threat of a cut on Interest Rates is more powerful than the cut itself and that therefore its harder to get this same good news again. Likely be dialing back the promise of a cut or it will be the cut itself youre coming from a much lower base than historical levels but it was good news that we got i think the commentary yesterday was exactly what was needed.
But still red for each of the major indices. Joining us for the full first hour of the show Courtney Gibson from loop capital markets. Courtney, thanks for joining us. Whats your take on today . Investors in a sort of holding pattern, are they, until we get to the fed unbelievable holding pattern. I mean, volumes are down precipitously today. At least they were before i came on the show today. I talked to our equity desk at loop capital and in the u. S. Alone volumes were down somewhere near 30 and even in europe spain was down i think somewhere near 40 on volumes our desk flow today was down substantially as well. It looks and feels as though investors right now are really kind of sitting on their hands markets as you can see, dow down just slightly but recovering back to the highs of the session. Russell is lagging down 0. 7 utilities, real estate the bestperforming sectors. Energy and tech towards the bottom we have got apple down about 0. 7 , albeit higher for the week broadcom wei
Commanderinchief will spend the Holiday Weekend following his salute to america celebration on the 4th of july. The president is thinking of bypassing a ruling from the Supreme Court and adding the Citizenship Question on next years census. Were live in the white house with breaking details from the administration. Speaking out as he loses steam in the polls. Former Vice President joe biden latest defense as 2020 contenders campaign in texas this afternoon. Amazon turning 25. The challenges ahead as the tech giant marks a major milestone. Hiring bouncing back. The u. S. Economy added 224,000 jobs in june, beating wall street expectations, easing concerns about a economic slow down. Lets go to Edward Lawrence at white house. Reporter great to see you, jackie. Showing fundamentally the economy is very strong the Unemployment Rate ticked up to 3. 7 . It ticked up for a good reason. The size of the labor force grew. That means for people are looking for jobs. The president is still upset s
Sentences 11 french citizens to death for supporting terror groups islamics that. Allow their good morning to care in moscow youre watching international now it is day 3 of donald trump state visit to the u. K. And the u. S. President will visit the city of portsmouth to join commemorations of world war 2 d. Day landings in france on tuesday he spent the day in talks with the Prime Minister theresa may well the 2 reaffirmed the special relationship between britain and america. The extraordinary alliance between the american and the british people its the greatest alliance the world has ever known ive always believed that cooperation and compromise are the basis of strong alliances and nowhere is this more true than in the special relationship. Also discussed iran breaks it the prospects of a trade deal and also security concerns over chinese tech giant tech giant huawei u. S. Presence that a phenomenal trade deal was possible once the u. K. Had breaks it it as for ran both sides commit
To death for supporting Terror Group Islamic state and. That is just gone mind in the morning here in moscow youre watching International Day 3 of donald trump state visit to the u. K. On tuesday though he spent the day in talks with the Prime Minister to reason may to reaffirm to the special relationship between britain and america. The extraordinary alliance between the american and the british people its the greatest alliance the world has ever known ive always believed that cooperation and compromise are the basis of strong alliances and nowhere is this more true than in the special relationship trump and may also discussed iran brace the prospects of a trade deal and security concerns over a chinese take china wow a u. S. President said a nominal trade deal was possible but had great cities as for ran both sides committed to ensuring taran will never develop Nuclear Weapons and although they disagreed on the threat posed by the way to protect intelligence sharing arties correspond