Take a look, dow futures down about 78 points, nasdaq down 4, s p lower by 7 points. Yesterday markets tumbled as vi to investor concerns the International Monetary fundscutd previously predicted 3 contraction. Case against Michael Flynn dismissed. Lawyers releasing notes showing that during the transition then president obama, then joe biden weighed in on the flynn case revealing a very different story from former fbi director james comey. Flynns Attorney Sidney Powell is here, joining me live at 8 00 a. M. Eastern on this case and what is being revealed. You dont want to miss it. Senate Republicans Police reform blocked by democrats, senator tim scott ripping democrats yesterday accusing them of trying to delay the bill until after the election. A rival democratic bill expected to hit the house today. Mornings with maria is live right now. Global markets this morning, erasing early losses as coronavirus restrictions ease. Take a look at where we stand. In europe mixed story. Ftse 100
Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples
Able to hear from you in advance of this hearing. The fcc has not been reauthorize since 1990 and its current appropriation is over 400 30 million. It is charged with the administration of the Communications Act and of the statutes by to the functioning of our key medications policy. We must reexamine the Core Functions of the commission and Research Culture of humility that was lacking under the regulatory cloud left by chairman wheeler picked the sec plays a vital role in our increasingly Technology Dependence society. The subcommittee has never released a discussion draft for consideration. I would be remiss in not discussing Net Neutrality, the commissions decision in 2153 reclassify internet as a public utility was a power grab laced with irony of suffocating the most innovative part of our economy with a 1930s era law. This gave been meaning to the term progressive. Reply comments to the commissions nprm argue august 18. Chairman pai, we hope you are keeping that handy because it
Tennessee. The subcommittee on communications and technology will now come to order. The chair now recognizes herself for five minutes for an Opening Statement. And i want to welcome you all to the subcommittees hearing titled oversight and reauthorization of the federal communications commission. I appreciate the commissioners appearing to offer their testimony today. And we appreciate that we have been able to hear from you in advance of this hearing. The fcc has not been rethorsoned since 1990 appear its current appropriation is over 430 million its charged with the administration of the Communications Act and other statutes vital to the functioning of the communications policy. We must reexamine the Core Functions of the commission and restore a culture of hul humility. The fcc plays a vital rode in the increasingly technologically dent society. The subcommittee released a draft for consideration. I would be remiss by not discussing net neutral the commissioning ins 2015 was a powe
Tennessee. The subcommittee on communications and technology will now come to order. The chair now recognizes herself for five minutes for an Opening Statement. And i want to welcome you all to the subcommittees hearing titled oversight and reauthorization of the federal communications commission. I appreciate the commissioners appearing to offer their testimony today. And we appreciate that we have been able to hear from you in advance of this hearing. The fcc has not been rethorsoned since 1990 appear its current appropriation is over 430 million its charged with the administration of the Communications Act and other statutes vital to the functioning of the communications policy. We must reexamine the Core Functions of the commission and restore a culture of hul humility. The fcc plays a vital rode in the increasingly technologically dent society. The subcommittee released a draft for consideration. I would be remiss by not discussing net neutral the commissioning ins 2015 was a powe