it s down 1%. shanghai is down close to 1%. we are getting news out of reuters japan manufactures may cut profit targets. that is certainly a story that the market is watching. here s what s happening in europe. the ftse 100 in the uk is the only average that is positive although only by about .10%. good morning. we ll get to politics in just a minute. starbucks missed forecast for the third straight quarter. customers making fewers visits. earnings matched estimates, but revenues fell short. changes to the loyalty program and happy hour weighed sales. also cutting annual sales growth target to 10%. chipotle experienced a drop. free food and safety measures failed to bring consumers following several food born illnesses last year. dow components is set to report this hour. we ll bring you the numbers. that s about 6:30 a.m. in about a half an hour. all right. scott. good to see you. thank you for being open to the early wakeup call. get through this together. if we were u
where are we? around there. as you can see. hanging around 44.50 on wti and you see brent as well. our road map this morning starts where you expect it to, donald trump, taking an ominous tone in his acceptance speech at the republican national convention. we will bring you the highlights live from cleveland. and we have a parade of earnings this morning, stocks moving on those results, everything you need know about the reports. ge, starbucks, at&t, honeywell and a lot more. roger ailes is out at fox. what happens next? and what it means for the entire media landscape. in his acceptance speech last night at the republican national convention gop nominee donald trump set in the tone for a battle against hillary clinton. amon javers is in cleveland and brings us more. good morning. good morning, david. it was a family affair at the republican national convention in cleveland last flight. donald trump s daughter ivanka introducing him to the crowd. a lot of americans wi