So bad that were going to be debating whether were in a serious recession or depression. We have pockets, though, of strength Like Technology and health care. But those pockets cant offset a very weak backdrop, can they we saw it again today. The dow lost 218 points. The s p 500, it tumbled. 7 . But the techheavy nasdaq also had the darn gall to rally. 51 , and was up a percent most of the day. Oh, the indignity. If you make technology that helps businesses cut costs by firing people, or having them stay home, youre doing great. If you make something people literally captain live cant live without, medicine, terrific Everything Else is a drug here staggering layoffs and the big drop in the index i am worried about, or at least a lot of what im worried about which is 9 s p 500. It gets worse. If you run a business leave it to the u. S. Economy and not chinas economy, well, now your stock is getting walloped. Over and over in the earnings season we see Companies Report an incredible 2 1
Managed exit by the end of october. They must have the negotiating ability to deliver it. A mothers nightmare the nhs contaminated blood inquiry hears the impact on a family whose six children were all infected. I think she would be alive if it wasnt for what happened, because she was a strong woman. The tragedy has ripped her heart out. Must spy harder a government regulator says the storage and handling of large amounts of data by the Security Service mi5 is undoubtedly unlawful. Coming up on afternoon live, all the sport with ben croucher. Good afternoon. Wales manager ryan giggs has called on stronger sanctions for racism in football as his side prepare to play in budapest less tha n his side prepare to play in budapest less than three months of hungary we re less than three months of hungary were charged and fined £20,000 for racist behaviour by their fans in a game against slovakia. 3000 seats tonight will be shut off as a result. Thanks, ben. Looking miserable there, susan. The
Connell 56. 38. Forget about 30 for now. Well talk all about the big market movers. First, here is what is new at this hour. Brand new numbers from President Trumps 2020 campaign. Massive fundraising haul as the top democratic fundraisers start to lose some steam. The latest on the race for the white house. Plus the president sounding the alarm about the rise of homelessness in the United States. The commanderinchiefs pledge to maintain our cities, how we should address the real cause of the crisis. Right now, how about this, a total Solar Eclipse. Melissa getting closer. Connell starting to completely brock block out the sun. Starting across the South Pacific and parts of argentina. Well keep you updated on cosmic spectacle. Melissa did you say chile. Connell thats right. Melissa 7th record close for the s p 500 this year. We have Fox Team Coverage of the eclipse. No. Gerri willis at new york stock exchange, phil minute from covering oil and gas prices, huge, phil, 4th of july weekend
That i would shirk nothing. I wouldnt surrender. If i had to have my little fight with the germans on my own, i would do it and die. That i would be true to the traditions that had grown up around our kind of unit, and i would pay the price if necessary. D day was a low leveljump from a dakota plane. Today, harry will exit the same aircraft type, but will freefall attached to one of the red devils display team. He has done one before, last autumn, but was 94 then. Now he is 95, but still young at heart. Its going to be cool to see his reactions, jumping out of a plane, out of the same area that he jumped. All these stories that we hear about about guysjumping in in world war ii, its going to be amazing to see his reaction. Its amazing with all that time, as long ago as it was, the amount of detail that he still remembered. And that was that was quite amazing. Airborne troops talk of a brotherhood, a unique bond the same for these young men today as it was for the tens of thousands of y
A failed merger and a boardroom bust up are the backdrop for renaults annual Shareholders Meeting which takes place in paris later today. The carmaker is in a race with its rivals to develop the technology of tomorrow that will bring in the profits those shareholders want to see. Less than a week ago renaults future seemed to involved a 39 billion merger with american italian rival Fiat Chrysler but it swiftly fell apart amid an acrimonious blame game. Last year renault brands sold 3. 88 million cars globally but it would be catapulted up from number eleven to the worlds third biggest if the Fiat Chrysler merger goes ahead, with the latest reports suggesting it may yet be resurrected. That would mean overcoming resistance from the french government which is renaults biggest shareholder at just over 15 . Japanese carmaker nissan is the number two shareholder and crucially is in alliance with renault. But relations between the two companies are strained and have been since the alliances