The docket. Releasing weekly report on mortgage applications. Thats coming at 7 00 a. M. Eastern time. Then at 10 00 a. M. Look for july existing home sales which are forecast to drop nearly 1 after rising more than 1 back in june. Form suit Pharmaceutical Company agreed to sell part to pfizer. That deal involves three already approved antiboy yachtics. You may remember has rejected 118 billion dollar off back in 2014. Check on the market this is morning. Mostly flat. Europe was a bit higher. Started out as a positive session yesterday after europe did pretty well. Moderated gains. Up a little yesterday, the dow. Futures were up. The ftse is the only one down now. Germany, france, italy and spain all trading higher. Not much happening in asia. Shanghai staying above 3,000. For a while we were worried about what was going to happen in the shanghai market. Then oil, which, in my mind if it stays between 40 and 50, i dont see how that gets correlated to Everything Else in the world. It wa
Wonachs former leader has a egypts former leader has won a retrial. Our reporter is live in cairo. Both mubarak and the prosecutors have won an appeal for a retrial. Both parties wanted this. Is that unusual . No, it is not unusual at all. This court is known to be a meticulous establishment. It looks at the procedures of the previous court, of the prosecution, and it does throw out previous convictions on procedural grounds. This does not come as a surprise at all. This means Hosni Mubarak will be having a fresh, new trial in which both files both sides can introduce new evidence. What was the courtss problem but the prosecution last time . What measures will be taken to ensure they have been stronger case this time . The Court Session today was quite brief. We will be keeping an eye to see what explanation the court has as to why it threw out the previous conviction. That has yet to be announced. There have been interesting developments happening in the past few days in egypt. There