S p up by a point. Nasdaq down by about 4 points. Overnight in asia, the nikkei up 0. 2 the hang seng up by a quarter percent. The shanghai up by a half percent. This is all ahead of those talks expected to resume next week between china and the United States when it comes to trade. This morning on the continent, in europe we will see equities for the major averages, the dax is flat. The cac is up by 0. 6 . The ftse is up by a quarter percent. In the treasury market, you can see at this point the tenyear is yielding 2. 031 well be getting a lot of earnings, big earnings movers in just a minute. First a developing story, the embattled governor of puerto rico will be stepping down on august 2nd the announcement coming late yesterday. He had been under pressure from protester force ne he had been under pressure from protester force ne for proteste nearly two weeks after chat messages were released crowds of demonstrators erupted into cheers after that announcement were looking at some ima
More bumps in the road for nissan. Planned job losses after profits fell 99 . Shery lets get you started with a quick check on how markets closed in thursdays session in the u. S. The dow falling to the lowest level in two weeks. Tesla and for taking a hit on weak results and earnings. The nasdaq falling the most in a month. Has stellar earnings, but because of the ftc probe, Market Sentiment was not too positive stock. We have the s p 500 losing. 5 . Investors did not like the president of the ecb. Was not as dovish as they expected and that weight on sentiment as well. U. S. Futures at the moment unchanged. Lets see how things are shaping up in asia. Sophie we are setting up for a riskoff session. Kiwi shares resuming losses. Cost they could come under pressure. Earnings in focus. In southings data korea sliding further in july. In sydney, the asx 200 may snap a gain. Switching the board to check in on bonds that rally in aussie debt how much upside may be left as we are getting more
To watch facebook, and tesla coming out on wednesday google parent alphabet amazon on thursday. Mike block what are are you expecting . We have some big names reporting this week and for much of this year ive been saying that it is all about growth. Well this is some of the big company chances to sew that can facebook and amazon and alphabet really answer some of the concerns . Last week we saw netflix blow up because their nonu. S. Ads werent good but we saw microsoft excel on cloud and whats it going to be for amazon the growth in retail sales . Is this going to be about cloud and alfa bet respond from last cant and continue to be the leadership here . And would that be novels for the overall market a good thing when four stocks are are amount for all of the gains in the s p 500 . Right so to your point this is the front page story in the wall street journal above the full story ill hold it up right there. Im a nerd i have newspapers. So it is microsoft apple amazon and facebook acco
Daybreak australia. Im paul allen in sydney. Im annabel ruelas in hong kong. Were counting down to asias major market opens. Good evening from bloombergs World Headquarters in new york. Im ryan. The top stories this hour, us stocks slide into the close on bets an improving economy will keep rates higher for longer. Dollar strength sinking apac currencies to this years lows. China said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Plus, decision day for the reserve bank of new zealand with cooler inflation and higher unemployment supporting another hold. Us futures coming online in the Asian Session, were seeing a little bit of a muted picture after stocks fell in new york. We have the drop deepening in the final hour of trading. Investors really trying to digest those stronger than expected retail sales and also more hawkish fed speak. We had financials being weighed down. A warning from fitch that
The hello and welcome to cross software. All things are considered. Non peter live out. Nature was a peculiar organization. It claims to be defensive military lines. But at the same time, claims it must constantly expand. Add to this the alliance is quite to project stability. In reality, it projects instability and in security and made russia, its primary enemy, the of the cross hunting the upcoming nato summit. Im joined by my guest nichol, i petro in kingston. He is a professor of Political Science at the university of rhode island in portland, we havent been ripped. He is a freelance journalist and in london we crossed the income mackenzie. He is a visiting lecturer at the law school of the university of westminster are a gentleman crosstalk roles in effect, that means you can jump any time you want. And i always appreciate nichol. I let me go to you 1st. You know, theres been a lot of, uh, there was a lot of talk about the ukraine. So the counter offensive. And now theres a whole