Morning, still below 2. 5 . As for europe, so much discussion over the weekend with what is happening in portugal. Markets responding generally positively that portugal will use some of the leftover rescue funds to try to recapitalize a new bank there and were seeing some credit spreads on the back of that as well. Half an hour away from the market open. Lets begin with the road map today. We take a look at markets with u. S. Futures looking for a comeback, International Tensions temper positive earnings news. Investors continually reinterpret the current take on its consumer. And in an interview with the economist, president obama telling ceos they should quit complaining. So before we get to all of that, lets start here with the market, according to a higher open, selloff with the worst s p since june 21st, in fact. Data showing growth in china sector but the shanghai market is at an eightmonth high overnight. So jim, are you bidding up portuguese paper here . So many things went wro
France and italy are positive. The dax in germany lower by a fraction of 1 . In asia, major markets are mixed at this hour among the headlines out of the region. Growth in Chinese Services sector slipping to a sixmonth low in july. The nonmanufacturing pmi showed new orders rose at the weakest rate in at least a year. Brian, the nikkei is down slightly but the rest of the major averages across asia are slightly higher. Kayla, thank you very much. Folks do think its a slow summer week. You better think again because another big round of earnings are coming your way. Among the Companies Set to post numbers this week, aig, disney, time warner, aol, fox, cbs, wendys and hundreds more. The wall street journal reporting overall revenue in s p 500 companies seat to rise 4. 3 from last years second quarter. And that, folks, marks the fastest growth since the Fourth Quarter of 2013. The article also notes other companies that have already reported their earnings. Twothirds have beat the sales t
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