Each member other than the majority and minority leaders and the majority whip shall be limited to five minutes. The chair recognizes the gentlewoman from North Carolina, ms. Foxx, for five minutes. Ms. Foxx thank you, mr. Speaker. Mr. Speaker, i offer my deepest condolences to reverend Billy Grahams children and grandchildren on this very sad occasion. Reverend billy graham will be remembered by millions of people for millions of reasons, which is a testament to the people he inspired. When i consider reverend grahams life and all of his many accomplishments, i think of his Humble Beginnings and his dedication to bringing people to christ. Reverend graham, North Carolinas favorite son, began as a farmers son and was not born with the steadfast faith that we later observed. It was a faith he chose and that he dedicated himself to all of his life. Later he would be called americas pastor as he counseled president s and the poor alike. What is remarkable is how reverend graham heard the
Both engines of the u. S. Economy running at full steam. As for the stock market, were seeing a mixed picture. Ny gain would be a record the s p and nasdaq are seeing some weakness here, individual stocks seeing weakness, having to do with earnings. 3 . Ave pepsi, sales down the shares are pairing their decline. Earnings beat estimates. Sales are weaker. Digging more into that and our stock of the hour segment. One of the worst performers in the s p 500 has paired some of its decline. That company posting sales that missed estimates as well. The ceo is making more optimistic comments. And office depot fell 78 . This is a preliminary view as the Company Looks to make an acquisition. It is going to buy congee column compucom. We are also watching the situation in puerto rico, in the wake that puerto ricos debt would be wiped out even as his budget chief says those, should not be taken literally. Here in the bond insurers seen in steep decline. Cells themselves self plunged. Record low he
If it closes up higher again today that will be eight days in a row of gains thats the first time the nasdaq would have done that since february of 2015 got a whole lot of earnings coming out that will very likely influence where we trade today look at the dollar dropping to a tenmonth low against a basket of currencies the euro rising above 1. 15 for the First Time Since maze of 2016 look overnight in asia the nikkei down by 0. 6 . Markets in china were higher with the hang seng up 0. 2 the shanghai up by 0. 3 . In europe, in the early trade, you will see dax is weaker down by a half percentage point. The cac is down by a third of a percentage point markets flat in london with the ftse sitting just fractionally higher lets get you through the big corporate story of the morning netflix shares soaring to new highs. The company added 5. 2 million new streaming customers in the Second Quarter thats 2 million more than wall street predicted most new subscribers came from foreign markets. T
Replace the president s friend as she replaces the finance chief. Is 8 00 a. M. Across the emirates, 4 00 a. M. In london. In hong kong, just past noon. Welcome to labor markets middle east. Lets take a look at the state of play on the markets. We cant ignore what is happening in the u. S. , because thats whats driving the sentiment we are seeing across the board in asia. Trading for almost 20 minutes, down close to 1 . As you can see, despite the topicshaven of the yen, is also down more than 2 . It really is all about volatility as a result of the latest paul showing trump in the lead. Manus yeah. C onink if you go to ele your terminal, you can pick up the sentiment. This is very reminiscent of what happened in the 10 days before brexit. If we look at the bank of america volatility chart, youve mentor rumpall trumpometer, dollarpeso. This is in the five days. I took it back a little bit further. If we go back as far as june, you can see volatility is nowhere near where we were on bre
Within the state. Turkeys Prime Minister urges the police while his Government Faces a mountain corruption investigation. We had to anchor up for the latest. South sudans neighbors hold talks in juba to stop the deadly sectarian fighting us and eu special envoy and troops to protect its embassy. For the first time at her doctors use an artificial heart for a long term transplanted this in hopes to overcome shortages of available organs. Thanks for checking us no prospect at molly home. First turkeys Prime Minister richard everyone is getting back its falling days of arrests for getting his government. A minister firing dozens of Senior Police officials said iran says hes not fighting a state within a state meanwhile prosecutors charging a number of government allies with corruption. The latest indictment coming this saturday against the sons of two cabinet ministers. Some in turkey say supporters of exiled cleric and former ally of the Prime Minister the two of the land could be behind