The underperformer over in europe is Deutsche Bank hit. Again. E is down we are at a twoyear low. It is the opposite for copper trading at a twoyear high. The vix is a lower again. That is the wrap of the market. Now twitter earnings are crossing the wire. Jonathan Quarterly Earnings helping by video advertising even as the social Network Field to add any new monthly losers and thus dock is down. Second Quarter Sales fell 4. 7 to 573. 9r earlier million and that beat the average estimate of 537 million. Alix this is a big deal. A big question is can a growth continue . The answer from the Second Quarter is no, no second monthly quarter growth. And putl be rough twitter in a difficult position. Not be surprised and that is the number they focus on top that is what they care about. Butthan revenue was ok user growth is why it is getting punished in the premarket. Up on this green for you this is how we trade. Down by three full percentage points. The revenue to beat, user growth is a mes
Faceoff what that means for you and the media landscape. A slamdunk edition of power lunch starts right now good afternoon, everybody. Welcome to power lunch. Im Tyler Mathisen stoc stocks trading in a narrow range. We could have our ninth Straight Record closing high. Boeing, apple, walmart, the biggest winners. Check out some of the other movers Rockwell Collins trading at an alltime high. Dom chew just reported a little bit about it de deere also at alltime highs and mylan going lower, hitting levels not seen in four years. I am Michelle Carusocabrera north korea vowing to teach the u. S. A severe lesson if they launch an attack against pyongyang. Security council vote was unanimous. A strong statement against north korea. New sanctions are in response to north koreas two intercontinental ballistic test in july. It could slash our 3 billion annual export revenue by a third. The intention which bans u. S. Members from banning coal, iron, iron ore and seafood are to force them to sit
Frankly, earnings season has been good maybe better than in the last couple of years, so to blame it on earnings is looking for a scapegoat. I think most, if not all this move to the downside, has to do with the rhetoric were hearing and pete and dan can speak to this a lot better than i can when you see the vix up 44 and for the first time in a long time, not giving any back during the day, that leads me to believe that people are more concerned about geo Political Risk they are about earnings risk so, you have a vix up 44 and it hasnt happened a lot the fact that the s p was only down 1. 5 was a little curious it also speaks to what you just said the way lot of funds have been b trading volatility. Helping fund other bets hee, so this is a bit of an unwind and investors caught off guard the s p 500 three days ago was making new all time highs. Its down about 2 from those levels obviously, theres things that guy has been watching. Small caps, russell is down about 5. 5 transports roll
Hello, welcome to the pulse, live here in london. Im mark barton. This is our market board for today. Stocks are marginally lower. The stoxx europe 600 down by. 25 . Up by 2. 2 this week. The worstperforming industry group, travel and leisure stocks down in the wake of the attack in the south of france overnight. Easyjet, thomas cook, air france, klm among the biggest decline is. The euro is up against the dollar today, the best run since may. The yield on the french 10year is up by a basis point bond yields rising in germany and the u. K. Stocks and bonds are lower. Yields are rising this week in france after falling for three consecutive weeks. The record low for the 10year,. 73 . Right, lets get to bloomberg first word news. Nic nejra chinas economy stabilize. Gdp jumped 6. 7 from a year earlier. Industrial output and retail sales could Beat Estimates while investment slow. The credit surge has been a prop to growth. May will visit edinburgh on her First Official appointment outside
Individual of this department. Paul reporter these are not releasing all the details with this investigation. There are still six outstanding suspects. Reporting live, in san jose. Alecia reid, kron4news grant we first told you about the san jose officer getting arrested through a push alert last night. Just before 10. Kron four mobile app so you can get breaking news alerts anytime and anywhere. Catherine a San Jose Police swat team raided a house in the citys new almaden neighborhood today. Grant kron fours rob fladeboe joins us live now to share what hes learned about the raid. Rob . Reporter pictures snapped by a neighbor early wednesday as a san jose swat team served a search warrant at a home on almaden road. Another the house with his hands up. He was taken into custody in connection with what an officer on the scene said was an illegal marijuana grow. Other neighbors found cops and guns a bit un nerving. Reporter video from kron fours helicopter partnership with abc seven news