Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the review was scrutinikru desie if these companies are stifling information and harming consumers. The Justice Department does not name specific companies, but it is likely to encompass google, foos facebook this is the real first shot across the bow by william barr and the doj. You know you have the democrats, you have the republicans also afte
Needs more bases the route the Indo Pacific Region because of what he called chinas significant technological advancements. Meantime, china says the Iran Nuclear Deal is irreplaceable and says the agreement is the only way to resolve issues with the countrys nuclear program. The Chinese Foreign ministry blamed the United States or the tensions with iran. Last year, the u. S. Pulled out of that deal and we imposed sanctions. Reimposed sanctions. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 in london, and 1 00 a. M. In hong kong. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stores on the bloomberg and around the world we are following. Retail therapy. Retailers post broad gains, flexing the muscle of the american consumer. Can a strength continue to drive Economic Growth . Inv
Tariffs put on hold as china agreed to buy more Agricultural Products in exchange for taking smartphone maker huawei off the u. S. Blacklist when it comes to u. S. Companies selling to huawei. But were told that huawei was a National Security threat over and over again over the last few months. Which is it . Former deputy trade representative is here exclusively to explain how huawei could go from enemy number one to just another chip in the trade war and it went so overnight. July 4th fireworks turning out to be a dud for the dow. We do have good news. The good news is the s p 500 right now is on track for its 95th alltime record high close since election day. If you just look at the dow which is up 42 points, it was within 28 points of hitting dow 27,000. That was before noon. Nearly all of those 290 points in gains have shrivelled away. Plus are American Farmers the big weekend winners . Which farmers . Very unspecific right now. We will pick some of the winners here. Irans Nuclear
The only people whose taxes are going up are the really rich. Every taxpayer their taxes are going down except rich people in manhattan and San Francisco. A sweeping tax overhaul approved after a latenight debate and historic vote in washington. Now its just two steps away from drastically changing tax laws for all americans. Good evening. Im dan ashley. And im dion lim in for ama daetz. The senate tonight passed the gop tax plan 5148. It now heads to ry revote in the house tomorrow. Abc News Reporter Kenneth Mouton has the latest from capitol hill. The tax cuts and jobs act is passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money ba
The only people whose taxes are going up are the really rich. Every taxpayer their taxes are going down except rich people in manhattan and San Francisco. A sweeping tax overhaul approved after a latenight debate and historic vote in washington. Now its just two steps away from drastically changing tax laws for all americans. Good evening. Im dan ashley. And im dion lim in for ama daetz. The senate tonight passed the gop tax plan 5148. It now heads to ry revote in the house tomorrow. Abc News Reporter Kenneth Mouton has the latest from capitol hill. The tax cuts and jobs act is passed. Reporter the Senate Passed the bill in a historic vote along party lines. What a disgrace. Thats what this bill is. Reporter the house also passed the bill. But democrats say three provisions in the plan violated senate rules. Those provisions taken out, which means the house must revote on the plan. Gop leaders are not expecting any problems. Today we are giving the people of this country their money ba