Dow adding 77 points. People waiting on the feds decision. Earnings today facebook, northrop grumman. A lot of earnings. Olivia all eyes on 2 00 p. M. Yesterday, the s p posted its biggest gain in two weeks. Lets show you whats happening the fedollar ahead of statement. Nothing, essentially pure little changed. 96. 78. Dex euro above 1. 10. A surprise in the Housing Market last month. Pending home sales fell by 1. 8 for june. First drop this year. Economists forecasted sales will rise. The Housing Market is not going as many expected due to tighter lending standards and a limited selection of properties. Lloyd blankfein is bullish on u. S. Markets. Thelopment sachs Ceo Goldman Sachs ceo took part in an interview with Mike Bloomberg. He was asked why he was optimistic. Consumers have to leveraged, banks have de leveraged. Housing prices are starting to stabilize and move higher. Were in for a long, positive market. Olivia glenn fine says the u. S. Lloyd blankfein says the u. S. Will get
in asia, china s shanghai composite closing 1.6% lower on further concerns about further property tightening measures. meanwhile, in europe, positive results in the banking sector lloyd s returning to profit in the first quarter. and in the united states, goldman sachs ceo lloyd blankfein is set to answer tough questions about the bank s possible role in the financial crisis. good morning, good afternoon, good evening wherever you are. i m chloe cho along with ross westgate and nicole lapin. we re looking at a softer picture overall theme, policy uncertainty in china. the shanghai composite is down 2.1%. policy tightening concerns on top of that. reported fund-raising plans by one of the big banks for china construction bank and that weighed on sentiment. the shanghai composite just above 9,200. overall, the rest of the markets, the hang seng under pressure, down 1.5%. north asia was one of the brighter spots, the nikkei managing to close slightly to the top side after