Yield down to basis points, the crude off 3 10 of 1 . Soggy is how i would put the market action. Time for your morning brief. Time for a look at the busy week ahead. Robert lighthizer and u. S. Officials travel to china for the first facetoface meeting since may. Tuesday, the bank of japan Rate Decision plus earnings from bp and apple and on wednesday we will get the fed Rate Decision followed by the chairs News Conference and earnings. Thursday we will get the bank of england Rate Decision as well as earnings from barclays and general motors. Friday it is jobs day for exxon and chevron earnings. Time for the bloomberg first. Ake the question is, the trade deal. On the agenda are still many things, from hallway to soybean huawei hallway wal to soybean buying. Low barthink that the for expectations is that they will agree to meet again, but no one is expecting breakthrough on the stalks and the best case is that they agree to continue them. Perfectly correct. The situation with the mee
experts on artificial intelligence share their concerns over private secretary e sector use of racial recognition technology. the committee is working to address the emerging technology. we come to order. good morning, everyone. without objection the chair is authorized to declare a recess of the committee at any time. with that, i would now like to recognize myself to give an opening statement. today the committee is holding our third hearing this congress on a critical issue facial recognition technology. it is clear that despite the private sector s expanded use of technology, it s just not ready for primetime. during this hearing we will examine the private sector development, use and sale of technology as well as its partnerships with government entities using it technology. we learned from our first hearing may 22 of 2019 that the use of facial recognition technology can severely impact american civil rights and liberties. american civil rights and liberties inclu
recognition technology. it is clear that despite the private sector s expanded use of technology, it s just not ready for prime time. during this hearing, we will examine the private sector s development, use and sale of technology as well as its partnerships with government entities using this technology. we learned from our first hearing on may 22 of 2019 that the use of facial recognition technology can severely impact american civil rights and liberties including the right to privacy, free speech, and equal protection under the law. we learned during our second hearing on june 4th how federal, state, and local government entities use this technology on a wide scale yet provide very little transparency on how and why it s being used or on security measures to protect sensitive data. despite these concerns, we see facial recognition technology being used more and more in our everyday lives. the technology is being used in schools, grocery stores, airports, malls, theme park
15,597. Volume also picking up at the end of the day. Nasdaq gave up 75 points. Technology has been rolling over lately. Certainly the big momentum players at nasdaq, 3857. Last trade there in the Standard Poors index. Bob pisani with all the lowdowns and the high notes here at the big board. Over to you, bob. Twitter did okay opening at 45. 10. But it, too, sold off in the last hour, maria. I dont believe we made 45. 10. Lets put it up there. 45. 90. Closing below the initial price there, 45. 10. The major indices, dow held up better than anything else. Composite in the nasdaq and transports down 1. 4 . Breadth was terrible all day long. Volume was on the heavy side. We may do 4 billion shares on the nyse. Fairly broad selloff. Look at some of the major sectors. Airlines down. Semiconductors were to the downside. Retail stocks. Consumer staples as well as financial. Thats a broad decline. Momentum stocks have had a tough week overall. So some of the major names here like tesla, yelp,
Aftermarket it jumped higher. 37 to the ounce. The commodity has risen 4. 5 in four sessions. Adam can you say Short Covering . Pc shipments fell 5. 9 yearoveryear. Top three were lenovo, hewlettpackard and dell. Liz were bringing a top exec from lenovo to talk about that. Terry mack grawe stepping down as ceo and president of ma grawe hill financial. Douglas peterson head of the s p ratings services. He will succeed mr. Ma grawe who will remain chairman. Adam nokia unveiled the newest Lumia Smartphone and the lumia will have a 41 mega pixel camera. It will launch with at t july 26th t will be cost 300 bucks with a 2 year contract. Liz it is bright yellow. How about that . Federal government had the biggest june surplus on record after receiving payouts from freddie mac and fannie mae. After the bell starts right now. Adam it is an historic day. We want to get right to the action. Jason pride, glenmede director of Investment Strategy is cautiously optimistic about the market. He has th