What is required to bolster the economy. Basisx faces of tech of grilling. The biggest showdown with congress in 20 years. Shery lets get you started with a quick check up on how markets closed. The tuesday session in the u. S. That p 500 halting fiveday rally that we saw in the past week. We have the tech sector underperforming as we had more scrutiny on regulations from congress on some tech giants. The nasdaq fell. 4 . Energy producers were waiting on the s p 500. We continue to see the oil selloff. We had great news when it came to a few earnings. Goldman sachs jumping after the beat on their trading revenue. Pretty solid bailout when it came to u. S. Retail sales in june. Lets see how we are setting up for asia. Sophie this wednesday, asian futures are pointing lower while stocks and wellington are not budging too much after a twoday decline. A rise in iron ore output. Korean chip related stocks on view on reports that they are Testing Hydrogen fluoride from other countries. Crypt
Worries about growth and demand are outweighing the lift from opecs cuts. Samsung reports earnings that seem sluggish domestic data and export curbs from japan. Shery happy fourth of july. U. S. Equity and bond markets closed on this Independence Day holiday. Lets see how things are shaping up for asian markets. Sophie while our american friends are enjoying their july 4, futures are heading higher ahead of the jobs report due friday, with s p futures topping 3000 early. Ian stocks set for him a mixed end. In australia, we will be gauging reaction to the government devoting income tax relief to the slowing economy. Shery thanks very paul thanks very much. Selina wang. Ina Boris Johnson told the conservative Party Campaign meeting that the split from brussels is key to keeping the u. K. Together. He said he would prioritize u. K. Warnedver the e. U. , but that failure to deliver brexit could split the nation apart. Tory members would choose brexit even if it meant breaking up the united
Al qaeda leaders as they plotted the 9 11 attacks. An afghan official says omar died two to three years ago across the border in pakistan. The taliban says the group will release a statement shortly. Congress will question pentagon officials today about that iran nuclear deal. A Senate Committee want to know how the agreement could affect the military balance in the middle east. Yesterday, secretary of state john kerry test of ride before a house committee. All makers from both parties sounded skeptical about irans promise not to build atomic weapons. Matt microsofts new operating system windows 10 was released at midnight. It sparked a surge of computer buying but that is unlikely this time. Still, microsoft Vice President told bloomberg that this launch is very important. This is a pretty significant launch for anybody who uses pcs and wants to get things done with technology. We have had big window launches that have brought in things like enabling the internet to happen. I think wi