S p up by a point. Nasdaq down by about 4 points. Overnight in asia, the nikkei up 0. 2 the hang seng up by a quarter percent. The shanghai up by a half percent. This is all ahead of those talks expected to resume next week between china and the United States when it comes to trade. This morning on the continent, in europe we will see equities for the major averages, the dax is flat. The cac is up by 0. 6 . The ftse is up by a quarter percent. In the treasury market, you can see at this point the tenyear is yielding 2. 031 well be getting a lot of earnings, big earnings movers in just a minute. First a developing story, the embattled governor of puerto rico will be stepping down on august 2nd the announcement coming late yesterday. He had been under pressure from protester force ne he had been under pressure from protester force ne for proteste nearly two weeks after chat messages were released crowds of demonstrators erupted into cheers after that announcement were looking at some ima
Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by 0. 2 . Italy and spain weaker italy down by 0. 9 look at the treasury market. Right now on this friday were headin
News that cuts to stop Green Energy Solutions and resource station. Crew to interact its content teaching the next generation but it took such action. Using the channels available to people to take action. And were determined to done some thinking for the next generation. Sfi environment series of global 3000 on d w and online. U. S. Lawmakers grill a top facebook executive over the companys plan to leave for a crypto currency. If the tech giant cant convince washington to trust it what are the odds it can sway regulators around the world. Also on the show the good times continue for 2 top u. S. Investment banks. Reported Solid Earnings but its not all positive news on wall street. And a new space race is preparing for liftoff and a german firm stand to profit from nations and companies lofty ambitions. This is your d. W. Business report im stephen beards in berlin thanks for joining us facebook executive david marcus told the New York Times last month that the companys new Cryptocurre
A good job ts the commissions president we keep the heart european politics our domestic politics. It was fun to line his calls doubtless in germany about harriet ministration of office and the Defense Ministry she wants to build a centralized undemocratic updates a full government is a. Top down. And coming up later tonight we take you to the launch pad where 50 years ago today she a man of these greatest journey began. Box. Our. Own to our viewers on p. B. S. In the United States and all around the world welcome we begin today with the woman whose election victory today route history here in europe the german conservative politician ursula fund a lion today became the 1st woman ever to be elected president of the European Commission members of the European Parliament elected her by a very slim margin and maybe hard to believe but fundal ions candidacy began just 2 weeks ago she emerged only after the 1st 2 candidates failed to secure enough support among parliamentarians so today whe
Chip stocks soaring as President Trump eases the ban on huaweis purchase of u. S. Products. Weak manufacturing and Construction Data keeping the gains in check today joining us for the hour to break down the Market Action is lindsey bell from cfra good to see you again. Good to be here. Feels like a market that had a lot of good news baked into it already. Yes it did. I was surprised we held on to the gains for as long as we did. I thought we would get a sell the news type of thing sooner. I think the weak Economic Data not only here in the u. S. , but also in europe and china, really gave the market what they wanted in the terms of the potential for a fed rate cut next month. One day phenomenon or does this selling have some staying power . You know, i got to say, i think it is going to be a little choppy through the month of july, especially as we get into earnings season. We see how tariffs are impacting companies on the ground. Yeah. It is interesting, youre going to get earnings s