Misses forecast. The depressing demand for smartphones. Later, we will have more on the earnings but first lets get you started with how markets closed in the u. S. On this tuesday session. Later, we will have more it was stocks down, yields down, risk obsession for the markets in the u. S. This of course as we have seen investors cautious of the gathering on thursday, Getting Started and gearing up for what could come out on Monetary Policy changes. That led to more concerns on trade tensions as well. The s p 500, we saw every sector in the red. We have materials and financials leading the decline. That halted the threeday rally. We also had a pretty mixed picture for u. S. Retail earnings. A big week of earnings for u. S. Retailers. 4 e depot surged more than on signals that we could see a stronger second half. In the meantime, the nasdaq fell 7 10 of 1 while the dow fell. We are waiting for the minutes coming out on wednesday. U. S. Futures unchanged so lets see how we are setting u
Now its time for click. This week, we have a ringside seat for a tussle in toronto. Tablets versus teachers in malawi, and its a tech tko down the gym. We all love a smart city. So around 18 months ago, when we heard that google offshoot Sidewalk Labs was to take over an area of toronto to build, from scratch, an entirely tech first neighbourhood, well, we hightailed it over there to find out more and excitement was in the air. The streets will come alive with the vitality that we expect from the greatest urban environments, in a way that has never actually been seen before. Ever since, its fair to say that things have not gone entirely to plan. Marc cieslak has been back to toronto to get the latest on the project. Toronto, canadas largest city. Its waterfront is undergoing redevelopment. Sidewalk labs, a subsidiary of alphabet, the Sister Company to tech giant google, has partnered with waterfront toronto, an agency set up by local government to manage the whole redevelopment. Sidewa
Churches could be encouraged to act as safe havens for young people at risk of becoming victims of knife crime. The plan will be discussed at next in the rebuilt area. Months general synod of the church of england, where theyll consider 307 is sidewalks Test Facility where ideas for this whether churches should new development are prototyped. So what youre looking at right here is a prototype for a new paving Kathryn Stanczyszyn has more. System for our streets. They have always been this one is actually a permeable paper, here the water goes places of sanctuary, into the paver down but could churches now become into the ground itself. A bigger part of the fight up here you see a solar panel, against knife crime . Testing the integration of lights there are calls today for buildings into the pavers themselves. Jesse schapins is the director like this to make sure their doors of urban design at sidewalk labs, are open in the hours after school finishes, hes showing off some of the tech
Road map begins with bracing for the fed. Stocks near records, the market meltup continues as the president weighs demoting the fed chair, lets see what he does. Head winds for facebook, the tech giants cryptocurrency plan greeted by a wall of regulatory and data concerns in washington. And huawei ceo downplaying any revenue impact of a u. S. Ban on the company in an exclusive on cnbc. Federal reserve policymakers will conclude their two day meeting today. A policy statement will be issued at 2 00 eastern time. If the fed does not cut rates today, investors will look for indications it may do so later this year. Powell will hold his usual post meeting News Conference around 2 30 eastern well bring you live coverage obviously. Generally i would say, jim, consensus is no cut today. But maybe clearing the decks for as much as 50 next month i spoke with lance fritz last night, Union Pacific he said something very interesting, he said, listen, he supports tariffs in principle. But understan
Now on bbc news its time for click. This week mud, mud, glorious mud smart matchboxes. And what happens when you get to see for the first time in years . The sun is finally out in the uk and festival season is upon us. And to celebrate the good weather we find ourselves at the world famous hay literary festival. Nestled in the border of england and wales hay on wye has been home to the event for over 30 years. I love the hay festival. You can come here and fill your brains with all sorts of new knowledge on all sorts of subjects delivered by all kinds of brilliant speakers. And when you have done that, you can come see us doing our live show too. Yes, once more click live hit the hay. We spoke about robots, explained in detail about how our brains develop and we built an Artificial Intelligence using matchboxes. Please welcome maisy mcadam and willow. Applause. But possibly the most magical moment of all of our click live shows starred maisy and her dog willow. About six years ago at t