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
Edwin star, war, what is it good for. Welcome to power lunch, im Tyler Mathisen and i date myself proudly, ladies and gentlemen the dow at its low, now down 123 or about a half percent. But why . Well, its basically boeing and caterpillar. S p 500, it is higher by about a fifth of a percent and nasdaq higher about a half percent. Those are sitting at record levels the nasdaq, i should say, despite the hurdles facing big tech as the doj takes aim at the industry more broadly launching a broad review of Big Tech Companies over fresh anticompetitive concerns. Elon moy with more the Justice Department plans to look at three areas of concern. Are the Big Tech Companies stifling innovation or harming consumers . The doj said there are widespread concerns about practices related to search, social media and some retail the doj does not name specific companies, but google, facebook, am amazon and apple could get caught up in this. Without the discipline of meaningful, marketbased competition, d
Massive police presence. Jesse gary is joining us live from the scene. Jesse . Reporter heather, good afternoon to you. San jose police have set up a double perimeter at what is still an active crime scene. We are at the first here. As you move further down the 3200 block of montecito drive, you can see more crime scene tape and more police cars. A short time ago, officers at the equivalent of swap, did a sweep of the area. They moved on to do by a middle school grounds, where the track is, and where the face baseball fields are. Police officials confirmed that are checking to make sure the suspect or suspects are not still in the area. They are also checking for clues in a homicide that may also involve a Home Invasion. There is no information on the victim beyond he is an elderly man. No information on the motive for the crime. We have not been given any suspect prescription information as well or a possible vehicle be to be on the lookout for. The neighbors are concerned but have no
Mornings with maria will maria coming up exclusive interview with kentucky senator Mitch Mcconnell, mill mcb, mcburman. Joining the conversation jackie, and tom beven and pwc partner mitch roschelle. Good morning. Good morning. According to wall street journal it was huwaei and issues that kept talks to a halt. Im not surprised, their only leverage right now so keep bringing it in because if you couple those things together you cant move forward and the president wants to move forward as quick as he can. Maria the president discussing wide range of issues including progressive party, the four congresswoman, he talked about the squad, he talked about 2020 and the economy. Leaders coming from other countries, prime ministers, president s, kings, queens, dictators, sometimes i hate to say it dictators and they all start off by saying, mr. President , id like to congratulate you on the incredible economy that youve created, the greatest anywhere in the world by far. [cheers and applause] t
It was a big rally yesterday gave back many of the gains late in the session the dow did end up more than 100 points by the end of the session. Overnight in asia, a bit more muted today after the big gains yesterday in the markets the hang seng opening after being closed on monday for a holiday. Its the stock market trying to do some catch up it was up by 1. 2 . Shanghai was flat. Nikkei was up by a tenth of a percent. In europe, some early trading taking place a bit of a mixed picture there. Ftse up by a half percent. Modest declines for the cac and the dax. Stocks are higher in italy and weaker in spain. In the United States, if youre watching the threreasury market the tenyear is yielding 0. 15 lets talk trade President Trump saying trade talks have begun following his meeting with president xi jinping at the g20 speaking at the oval office yesterday, the president said the renewed talks are being held by phone any trade deals will have to lean in the u. S. s favor obserit has to be