Moving to the upside today rebounding beyond the major u. S. Indices oil is bouncing back. This is important. Its helping the market hire. This is after brent crudent entded in bear market territory. As for europe ftse ending up 0. 7 of a percent. In asia overnight, chinas selloff continues. Not as bad as the day before. And nikkei 225 hitting a twoweek low. Lets get to trading action here in the good old United States of america with bob pisani down on the floor of the nyse. Weve been do for an oversold bounce and it helps that earnings are better than anticipated today particularly in industrials. Look at the major sectors. Everything thats been a disaster this month is up today, which is the way it should be. Were due for a bounce in energy and materials and industrials. A lot of disappointments in earnings. Health care has been holding up. Thats on the upside. Watch the market leaders. Market leaders are internet stocks like google and Facebook Biotech stocks and banks. All of thos
Deidre markets closed up after a fiveday losing streak. Twitter, moving postmarket. Lori rothman, with me now, she has more from the new york stock exchange, lori . Twitter is headline, deirdre. Revenue grew 61 on solid ad sales. Get this 80 of those users are using twitter on their mobile devices. 6 rise in cost per ad engagement. That is great sign for twitter that their ad strategy is getting traction. You see twitter shares off the postsession highs. Positive reaction to Second Quarter numbers especially going back to the First Quarter, which was not only surprise since they came out at 3 00 during the trading day in the First Quarter but a disappointment too. Lets step back to look at broader market. Our session, finally stocks snapping a fivesession losing streak with the dow closing up 189 points to 17,630. Still negative for the year. Well hear from janet yellen and decision on rates and accompanying statement tomorrow. Nasdaq up 49 points. Lets break down the dow 30 for you. L
History to the fbi. It includes information the air force did not report about the texas church shooter. The pentagon is now reviewing the telley case kelley case. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Im cory johnson from new york. This is bloomberg technology. Coming up shares of snap are in freefall in afterhours trading after a crummy earnings report. Plus, alphabets soup driving int chauffeuring people minivans without human backup drivers. We have a Progress Report from the ceo. Congress continues to make the case for Holding Big Tech more accountable. We will talk about the efforts to hold Internet Companies legally liable for the content on their platforms. But first, to the lead. Snap with disappointing results. The analysts are always wrong anyway, but the users numbers are really bad. Daily average users, 170 million. Less than the 180 million analyst estimate
And republican gillespie for governor. In new jersey, republican Lieutenant Governor is challenging a former democrat to replace the outgoing governor, chris christie. In new york, bill de blasio is up against a republican hallenger. Malliotakis. The pentagon has been aware for at least two decades about failures to give criminal history to the fbi. It includes information the air force did not report about the Texas Church Shooter Devan Patrick kelley. Devin patrick kelley. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Cory im cory johnson from new york. This is bloomberg technology. Coming up shares of snap are in freefall in afterhours trading after a crummy earnings report. Well break it down. Plus, alphabets soup driving unit close to chauffeuring people in minivans without human backup drivers. We have a Progress Report from the ceo. Congress continues to make the case for
Money as puerto rico continues to be without power. Thousands are still homeless. They Want Congress to adopt a tax overhaul plan addressing puerto ricos specific needs. Turkeys president is dismissing the u. S. Russias statement that no militaryan be solution to the conflict in syria. Speaking today in istanbul, the president said the statement was misleading considering both countries have a military presence in syria. President trump and president putin have called on all parties to participate in the geneva peace process. The death toll from sundays earthquake in the iran iraq border is now at 145. Over 6000 others were injured in the magnitude 7. 3 quake. Most injuries were in iraq. Caused skyscrapers to sway in dubai. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton, this is bloomberg. Abigail live from new york, im abigail doolittle. Scarlet im scarlet fu. Joe and im joe weisenthal. Scarlet stocks are he