Test test test. Test test. Test. Test. Test test. Test test test. This one comes from a library in milford, mississippi. Michigan. And we thank you. Visit us at qanda. Org. Tonight at 8 00 eastern on American History tv, a look at the great depression. The Tennessee Valley authorities mission was to address Environmental Energy and Economic Development issues in a region suffering from soil erosion, floods, poverty, and unemployment. The National Program of the Tennessee Valley is a 1936 film to promote their efforts and show the construction of two projects. It registered on the registry of historic places. Overthe night and on c span3. We say hello to zach cohen to talk about the Upcoming Senate hearing looking at the fbi and russia investigation of 2016. First we heard the term in senators comments and tweets and texts and facebook and cross fire hurricane, what does that mean . Back in 2016 before there was a mueller report, this was the first fbi probe of the campaign and the cont
The economy shrinks in the Second Quarter. In september, china is sticking to trade talks after untildelays some tariffs the christmas period. Airport injunction, Hong Kong Police at the City Transport hub after a chaotic night when protesters were beat and detained suspected infiltrators. Yen,a look at the japanese just to illustrate what happened yesterday when donald trump tweeted that maybe some goods do not need tariffs on september 1. It would help the christmas period. As a result, you see the safe haven bid come off the japanese yen pretty substantially. We were down almost at 1. 05 even, now you can buy more than 106 for your dollar. We have futures turning more positive in europe. U. S. Futures are down for the most part, but nasdaq futures are rising. That support has shown through index futures. That support has shown through dax futures. Hong kong police have posted an injunction notice saying protesters will be leaving the premises or restrained. This followed a night of
At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second Quarter Economic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then they turned positive. Overnight in europe, we are looking at i thought we were going to follow asias lead, pretty much flat across the board. The dakotas is off by 4 100 of a percent. The treasury yield market, the twoyear note 1. 845 . Just mention on the china data that markets responded better to the data for the first portion of trading in asia and europe and weve just sold off a little bit in the last few hours. As you pointed out that was just for june. Gdp for all three months it did see
Begin with what appears to be a bit of a breakup. Apple, falling again. Its nearly two stocks down this year and it seems to be diverging from the rest of tech. The xlk the, up 7 apple down about 1 in the same time period. Apple is now lost about 50 billion in market cap for the past week. Tim see more, is apples rally over tech has been rallying without apple. If you think about amazon, amazons never been this overpat going into their own earnings this week since 2007 roughly. If you look at where apples trading and talking about positioning and market momentum, you got a 27 rsi which means that apple sentiment is terrible. You had everything from the supply chain rumors to the reality that we know that the Fourth Quarter or their fiscal q1 may be shipments are south of 30 million which for the market is not great news. A lot of news is already in this the stock price. Expectations are extremely low. Big tech cap is as good valuation that you have and nobody has more leverage to pull
Blade runners disappointing response this weekend. Look at amc down 7 , and regal down 4. 5 . Only did 31 million over the weekend, they were expecting double, more than that well talk about that. And a massive unity rally being held in sfan this weekend. Were going to look at what this all means for the countrys relationship with catalonia and its place in the European Union. Former head of the European Central bank, jeanclaude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. First, Goldman Sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between President Trump and a key republican senator could put tax reform in jeopardy cnbcs editor at large john harwood has the details. Let me put it in a bigger picture. The feud with bob corker is one of many challenges facing this tax bill first of all, it doesnt help to antagonize the Committee Chairman as the president did over the weekend and