David right, a big week for markets. Japan is closed. Have a look at where we are. We talked about 2500 on the s p 500. Asian shares are at a 10 year high. Where does that take us . Have a look at this chart. You the ups and downs of momentum. Might haveare that pushed it below trendline in early july. Rsi almost dipping below 40, but rebounded nicely. This shows you that the bull market remains intact. Japan is shut, some not a lot of updates. It is still risk on. Not a lot of appetite for haven at the moment your it could at the moment. It could change this week. Lets get you to the open up markets. Sophie is tracking all the moves monday morning. Sophie the flavor this morning is risk on. Singapore joining the upswing along with the taiex. The malaysian ftse down. Haven assets, the yen and gold on the back foot. The dollar rebounding from the drop on friday. The yen is down. 3 . This could be the unwinding of positions. We are seeing liquidity given it is a holiday. The key data poi
Good morning, this Committee Meets this morning to receive testimony on recent Navy Collisions at sea, including uss lake champlain, uss fitzgerald and the uss John S Mccain, as well as the rounding of the uss antietam. We welcome our witnesses, the honorable richard spencer, secretary of the navy, admiral john richardson, chief of Naval Operations and start on an, director of defense for structure and readiness issues at the Government Accountability office. I would like to take a moment to recognize family members who lost loved ones in the fitzgerald and mccain collisions, who are here with us today as honored guests. Ofm the fitzgerald, the wife a chief petty officer, parents of a petty officer third c lass, parents and brother of a petty officer first class. Stepmother of a seaman , father of a petty officer first class, and from the mccain, the wife of a petty officer first class and his , along with her wife. Officer of a petty first class, mother and brother of a petty up with
This is our western edition. President trump wrapped up a fourday visit to europe today. His final day at the g20 summit included a facetoface meeting with chinas president xi jinping. Also today, 19 g20 leaders agreed to implement the Paris Climate Accord. The u. S. Is now the only g20 nation to pull out. First daughter and president ial adviser, ivanka trump, raised eyebrows, briefly sitting in for her father at a table of world leaders, while he stepped away for oneonone meetings. Major garrett now, with more on this busy demonstrations, in hamburg, germany. Reporter more than 20,000 protesters converged on hamburg for the g20 summits final day. Oe largelypeaceful assembly contrasted sharply with the scuffles, looting and fires that flared the night before. More than 200 German Police were injured, and nearly 100 ht besters were arrested or detained, in three days of disturbances. President trump complimented german chancellor Angela Merkels handling of the protests, which have beco
And im brian sullivan. Just three hours left in your trading week. Stocks are moving off their session lows, still we are in the red today. Dow down 65 points. The nasdaq and s p 500 also making slight losses. The biggest dow winner this week, the swoosh, nike up more than 4 . The biggest decliner, mcdonalds down 3 . Mcds now down nearly 8 over just the past 90 days, melissa. Brian, im melissa lee, heres what else is happening at this hour. Amtrak naming new ceo, previously served as chairman and ceo of norfolk southern. Crude oil pulling back slightly but still sitting in a bull market. Its up about 85 from this years lows. And team usa continues to dominate at the rio games with 100 medals in total. 35 of them are in fact gold. Weve got lots to get to today, but we kick things off with a developing story in the pharma world. Shares of mylon labs as the Company Increases the price of epipen drug fivefold. Bring in david from wells fargo. Thank you for being with us. Thank you. Weve se
Were continuing to follow developing news in hesston kansas. Where police are looking for the motive behind a mass shooting in the southcentral part of the state 4 people are dead. Including the gunman. After a series of workplace shootings at excel industries. 14 people were also wounded. Before police were able to kill the gunman. Whos now being identified by coworkers and friends as cedric ford. No motive is known right now. And police are surrounding fords home. Because his roomate may be inside. Hardly a day goes by anymore where heroin isnt making the headlines. And it is once again today. As local leaders look to fight back. Our Jessica Brown is live at the Hamilton County sheriffs live this morning here at the sheriffs headquarters Law Enforcement leaders will be taling about the recdent tragedies heroin epidemic. Tragedies as early this past monday where one man died in a serious crash happened on i275. Vo video of the scene near the bridge between kentucky and ohio near polic