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plus the deal-maker-in-chief making good on another campaign promise. the president s next move to help the economy rand put americans back to work. this hour we re joined by former reagan economist, art laffer, linda mcmahon from the small business administration, john bolton and tom mcinerney and former house committee chairman pete hoekstra. melissa: dow snapping record streak failing to end the day with a record close. phil flynn is watching the action in oil and gold from the cme. nicole petallides on the floor of the new york stock exchange. nicole, first to you what was moving the trade today? reporter: we saw apple weigh on all three major averages no doubt. apple was down. they had a downgrade from pacific crest this morning despite the excitement surrounding the conference that was one area of whackness. overall markets sold off slightly, down .1 of a percent. don t forget we closed on records friday. stocks have been up two weeks in a row. stocks are up 400 p ....
buildings that have failed fire safety tests has grown to 60. additional national testing was ordered after an inferno engulfed london s grenville tower on june 14, killing at least 79 people. fire officials believe the of the materials led to the rapid spread of the blaze. macron met in paris with his ukrainian counterpart. he says a phone call between the leaders of france, germany, ukraine, and russia will be scheduled by the end of next week in an effort to make tangible progress. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 100 20 countries. im am mark crumpton. this is bloomberg. live from bloomberg s world headquarters in new york, im julia chatterley. scarlett: i am scarlet fu. joe: i am joe weisenthal. we are 30 minutes from the close of trading here in the u.s.. what did you miss? revised bill. mitch mcconnell faces what is shaping up to be one of the yet as support for his health care measure weightings and the ....
our contact details are on the screen throat. throughout. i want to start with europe s migrant crisis. more than 80,000 have tried to cross the mediterranean into europe this year. most begin in libya and try to reach italy. but many end up being rescued and the italian government wants other countries to open their ports to those. france already says no arguing it will encourage more to make attempt the journey. the first clip i want to play is the migration commissioner. we are ready to increase our support to italy, encoding substantial financial support if needed. all the states now need to deliver and show solidarity to italy. that is the eu. the un refugee agency, unhcr, says, libya is now the top departure country for refugees and migrants fleeing to europe. it s also the deadliest route. the un held a press conference in geneva. in order to protect the search and rescue at sea regime in the international waters, states are private operators rescue people ....
system to unlock the new iphone and digital payments. coming to you from bloomberg s headquarters in new york. i am betty lou. yvonne: i am in yvonne man. inflation data out of south korea. pretty much a miss when it comes to the year on year figures. we have pretty much been around the 2% target for this year already. we are falling about .1%. not too much to be worried about. there has been a lot of central-bank hawkishness. are they ready for some tightening as well? we heard from the governor last month. it could be well on track if this economy recovery continues here in we will see how that plays through. betty: it is interesting. we are paying so much attention to these inflation numbers. it looks like we re seeing this global tightening trend. people are doubting fed tightening trends. the one who started it is now falling behind, perhaps. yvonne: more selective when it comes to data dependency. they are not looking for these recent inflation trends. let s loo ....
$10 billion a month, ramping that up to $50 billion a month in quarterly increments. they could not agree. several committee members favored starting in a couple of months. that. preferred to do for er that.fer to def it could be argued that some of the dots would prefer to get more time before taking any action related to the balance sheet. some of the doves would prefer. more hawkish members may prefer to move ahead with another interest rate increase before the balance sheet is taken on next. ,n the question of inflation the official message from the committee is still viewing inflation of the recent dip in inflation as something that is transitory. committeembers of the doesn t several participants expressed concern that progress toward the committee to present longer run inflation objective to present longer run inflation objective might have longer run% inflation objective might have slowed. there were some senior fed officials, including janet yellen come w ....