A little history most of them good. Maybe one bad way. It is your rbi its ahead right here on Worldwide Exchange on cnbc well, good monday morning and good afternoon and good evening. Thank you for starting your week with us here on Worldwide Exchange on cnbc and heres how your money and the Global Markets are setting up there monday stock futures are lower and they come off their lows by about 100 points remember very volatile at this hour particularly in the summer. Now in regard to the market the dow and the s p coming off their Third Straight week of gains the nasdaq though, it fell partly to blame for technology and probably the theme to watch is big tech. Its amazon. Amazon seeing the first down week much more on the rbi i dont want to give too much away it wasnt just amazon dragging down technology. The question that investors have is is the work from home or state at home trade trying to beginning to wind down they took a pretty big hit last week something to watch perhaps unwi
And ventura counties to be clear bars are not open in either of these county Santa Clara County state officials there have not yet said when bars there can reopen in bars and. Contra costa county are set to start reopening this wednesday kron fours dan thorn getting reaction in martinez tonight. He joins us with more whats becoming a rather confusing situation. Dan. Well thats right ken local bar owners tell us that they are simply looking for better directions from state and local Health Leaders, these businesses were just days away from reopening, but now it looks like that may not happen. People looking to get back in the bay area bars may have to wait a little longer governor Gavin Newsome announcing on sunday hes recommending watering holes in contra costa and santa clara counties close up its ban. A bit harsh to isolate want industry over and over again the owners of firehouse bar and grill in martinez reopen to customers on june 9th. Following county Public Health rules customer
A court clears it. Facebook unveils plans to avoid misinformation in the lead up to the u. S. Elections after it was criticized for not doing enough to remove misleading political posts. Below police in iraq fired on protesters in the Southern City of basra killing at least 7 people demonstrators have been staging a sit in for days blocking the entrance to the port of. Many iraqi cities have been gripped by weeks of protests theres anger over a lack of Public Services corruption and unemployment and iraqs capital at least 6 more demonstrators were shot dead on thursday the clashes broke out on show bridge where Security Forces used live fire against protesters. As more. The forces used live fire on protesters outside of government buildings there there are also reports that some protesters may have been trying to storm government buildings and bus or of course the main source iraqs oil wealth demonstrations as you indicated have been going on there and not just port also you had thousa
Of of a slowdown in car sales as you mentioned because of some new emissions rules in the e. U. And some some some some changing regulations there so theres a lot of things that is not working out very well for the German Economy at the moment. Well china says the protest movement in hong kong has reached near terrorism and its called for the sword of the law to be used to restore order police have once again faced off with protesters foreign take us or abdul hamid reports from hong kong. They had gathered for the festival of the hungry girls when offerings are made and items burned for ancestors but even this ancient chinese ritual couldnt escape the current turmoil a group of protesters burning notes printed with pictures of hong kong chief executive kerry the police chief and several other officials they were near a Police Station and started beaming laser pointers at the building. Was ignored warnings to stop and police were soon on the street 1st a show of force police advancing.
Jap japans exports fell 6. 7 in june, much more than expected. They were looking for a 5. 4 drop tex tend the bigger surprise drop was a 5. 2 drop in importeds versus the 0. 2 decline economists were expected the nikkei was down by 2 . Hang seng off by a half percent. The shanghai down by 1 . In europe, red arrows there as well spain off by 1 . Lesser losses for the other averages check out the treasury market. You will see that the treasury market this morning is showing the tenyear with a yield of 2. 054 United Health just reporting moments ago. Posting Second Quarter profit of 3. 60 per share. That Beat Estimates of 15 cents. Revenue came in ahead of wall street forecasts the Company Raised its fullyear forecast well talk about this more with ana gupte. Netflix shares are falling sharply this morning the Company Reported a drop of 130,000 u. S. Subscribers in the past quarter on the Conference Call Reed Hastings attributed the lower growth in part to its Program Lineup during the qu