Lauren in japan followed the pullback yesterday. In china at the shanghai composite rose 1. 1 . Nicole book about 42. 76 down 36 cents this morning. Lauren apple insider and the big tech earnings today. Apple is all about the sluggish iphone sales and for twitter, can it become the digital hangout . Nicole and sports from the chicago cubs and new york yankees hope the cubs the lead them to the world series in the Baltimore Orioles increased their lead in the al east with their fifth win in a row. All the highlights coming up. Nicole five of 1 00 a. M. And is posed a tuesday, july 26. Welcome to fbn am, your first look at todays market, the latest breaking news and what to expect for the day ahead. Nicole the speaker at the Democratic National convention calling for unity after an email scandal that led to Debbie Wasserman schultz resignation as the chairwoman. Bernie sanders thing in michelle obama, Elizabeth Warren, offering strong support for Hillary Clinton. They sharply criticized
Of cargo. A labor deal was reached late friday to end a month long dispute between Dock Workers Union and shippers. We think we have good news with greece. It seems like its sort of good. Who knows. Thomas perez was part of the talks. Hes going to join us at 8 30 eastern and drivers theyre paying more at the pump. Gas prices jumping 13 cents in the past two weeks. 26 cents in the last month. The average price now at 2. 33 among the reasons for the increase. The largest u. S. Refinery strike in 35 years and an explosion at an exxon plant in california. Corporate news valiant has a 5 tax rate i think. And still using that to leverage itself in buying u. S. Companies. Its buying castro drug maker salix for 158 a share and about 10. 1 billion. After valeant lost a take over fight for last year. Apple announcing plan to build two data centers in europe for about 2 billion. They will Power Services including the itunes storage application store. Imessage maps and siri for customers across eu