Points that happened with markets closing at their session lows. Weakness across the board. A lot of different sectors under pressure financials, materials and Consumer Staples all down by more than 1 well see what happens this morning. Futures indicated up this morning. Overnight in asia, the nikkei ended down by about a quarter of a percentage point the hang seng up by. 1 and the shanghai composite was flat and in europe where theres active trading taking place theres green arrows across the board. The biggest gainer of the three major averages is the cac up 1. 4 but you see gains of better than 1 for the ftse and dax as well take a look at whats happening with treasuries. Right now the ten year is yielding 1. 588 . So the yield picking up just a little bit the two year yielding 1. 539. Lowes is solidly higher on the numbers here 215 adjusted versus estimates of 2. 01 on better than expected revenue. A little bit anyway. The revenue is 20. 9 expected and 20. 94 to 20. 99 and then for
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
Testing market. First, president trumps message to corporate america, job creation is that the top of the agenda. He made these comments with 20 ceos on tuesday. The meeting was focused on trumps 1 trillion Infrastructure Program and tax policy. Gm, pepsico, and walmart ceos, but tech ceos were noticeably absent. In december, trump had a meeting with amazon, oracle, and apple to name a few, so how is Silicon Valleys relationship with the president evolving . I think just adding alive is the only thing they seem to care about. The infrastructure thing is a headline, not actually a plan. Relative to Silicon Valley, the actions they have taken our destructive. The head of the sec has made it clear he will be hostile to the needs of consumers, and by extension entrepreneurs trying to create new businesses in technology, so i am not optimistic. I think the opportunities for any president of the United States to build great value through technology are there, but the industry need some help.
Testing market. First, president trumps message to corporate america, job creation is that the top of the agenda. He made these comments with 20 ceos on tuesday. The meeting was focused on trumps 1 trillion Infrastructure Program and tax policy. Gm, pepsico, and walmart ceos, but tech ceos were noticeably absent. In december, trump had a meeting with amazon, oracle, and apple to name a few, so how is Silicon Valleys relationship with the president evolving . I think just adding alive is the only thing they seem to care about. The infrastructure thing is a headline, not actually a plan. Relative to Silicon Valley, the actions they have taken our destructive. The head of the sec has made it clear he will be hostile to the needs of consumers, and by extension entrepreneurs trying to create new businesses in technology, so i am not optimistic. I think the opportunities for any president of the United States to build great value through technology are there, but the industry need some help.
Testing market. First, president trumps message to corporate america, job creation is that the top of the agenda. He made these comments with 20 ceos on tuesday. The meeting was focused on trumps 1 trillion Infrastructure Program and tax policy. Gm, pepsico, and walmart ceos, but tech ceos were noticeably absent. In december, trump had a meeting with amazon, oracle, and apple to name a few, so how is Silicon Valleys relationship with the president evolving . I think just adding alive is the only thing they seem to care about. The infrastructure thing is a headline, not actually a plan. Relative to Silicon Valley, the actions they have taken our destructive. The head of the sec has made it clear he will be hostile to the needs of consumers, and by extension entrepreneurs trying to create new businesses in technology, so i am not optimistic. I think the opportunities for any president of the United States to build great value through technology are there, but the industry need some help.