For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china s economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china s stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy? come about in the chinese economy? come about in the chinese econom ?. ,. , economy? there have been a view. Is economy? there have been a view is when economy? there have been a view. Is when it economy? there have been a view. Is when it comes economy? there have been a view. Is when it comes to view. Is when it comes to turning around china s fortunate this part of the cycle, but i
out of control ahead of the july 4th weekend. rich, great to be with you. wonderful to be with you, i m in for john roberts, rich edson. millions are expected to travel for the holiday. aaa predicts 3.5 million will fly, but staffing shortage, pricey fares, and some pilots threatening to strike causing turbulence for the friendly skies. gillian: thousands are being canceled, delayed, experts are fearing an influx of new holiday travelers starting today is set to make matters even worse. listen. all of it is coming to a head, we are seeing the cancellations. we just need more people to work in the industry both as air traffic controllers, pilots, you know, flight attendants, all of that. all in short supply and they can only staff so many planes. gillian: casey stegall is tracking the travel nightmare from dallas-fort worth international. hi, good to see you. a little turned around, i should be wearing my winter coat, usually when we are standing at the airport doing
Get a jump on the days news with Christine Romans and Dave Briggs. Washington in the russia probe of special counsel Robert Mueller. It is not clear what prosecutors want to ask her. She volunteered with members of muellers team for an interview. One possible line is the connection to roger stone. The veteran political consultant and trump adviser who is a subject in the russia investigation. The prosecution is expected to rest in the trial of paul manafort. Over the last week, the jury heard about his wardrobe and offshore Bank Accounts and lifestyle and doctored loan documents. His long time deputy Rick Gates Flipping in the case. As the defense prepares to offer its case, a court filing from Robert Mueller is sending a signal gates is a key in the russia probe. We have more from kara scannell. Reporter a new detail in the special counsels investigation was not revealed in court, but in a filing. Kansas Secretary Of State chris kobach says he will recuse himself from the still undeci
and there s one sector that is firmly in the green this year, it is energy, up 29% because gas prices are hovering near the all time highs. people are shelling out more for gas, spending less on other things, which means the consumer discretionary sector is the worst performing sector, down 33%. disney down almost 40% this year. let s leave on a positive, it s a midterm election year after all. cfra look at these things, they say stocks in midterm election historically bottom now, before they rally in the fourth and everyone is making the references to the 1970s when inflation was bad also. if you go back and look at the s & p in the first half of the year in 1970, down 21%, same as now. the back half reversed the losses, up more than 26% in the second half. so, let s try to be helpful.