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No clear tieup with the russian government, but an inquiry into former Trump Campaign manager paul manafort. Cheating at the debates, inciting at rallies, a candidate under investigation no wonder trump is surging and he is. Hes leading in the abc tracking poll and he was down 12 points and now leads it. And doubled his lead in the l. A. Times poll just from sunday. Doubled it in a couple of days. Varney company is about to begin. If Reince Priebus gave me the answers to a debate, or the questions, so he gives me the questions and answers to the debate and he got caught like Donna Brazile was caught, it would be the biggest story in the history of the New York Times, okay . Donna brazile gets caught giving her the questions to the debate, hardly anyone is talking abo ....
The markets desk, where julie hyman is tracking the moves. The fed, the doj, with big corporate m a deals. Julie it has become a busier week today with microsoft and linkedin, yet today it seems like faster tracking oil prices, not necessarily those other events. When oil started to make a recovery, we saw stock to the same. Now stocks are tracking right along with it. Alternate day averages briefly in the red after going briefly positive midmorning. The nasdaq is now down three quarters of 1 . Take a look at whats going on within the groups here. Overall the s p 500 is tracking oil prices, trajectory why is it does remain higher. Tech shares are weighing the most on the s p. Taking a look at the big cap within the group thats falling, microsoft declining after ring to buy linkedin and apple shares shareshe report that will fall 8. 6 yearoveryear. Facebook has been lower, missing a price here for some reason. A bit of a glitch going on here. But they did say they were shorting shares o ....
2,094. We got to get to dominick chu. He has a market flash. Global retail now. Earlier in the past hour we told you the news about walmart taking a 5 stake in jd. Com. Theyre going to swapt businesses a little bit. Walmart giving over the china operations to jd. Com and getting a 5 share. They were up about 8 pat going into that trading halt. They are now up about 8 . So trading just a little bit below where they were when that news first came out. Just call to your attention what is happening. There again, michelle, all of this on that bit of news that walmart is turning over its walmart china operations. It now be operated by jd. Com. And i guess in compensation for that, walmart will get a 5 stake, approximately in, jd. Com. Back to you. Operating in china has been tough for a lot of u. S. Retailers. Home depot got out of there a long time ago. They were so frustrated. Absolutely. One more thing, of course, youre talking about dealing with this whole on line marketplace phenomenon ....
Solarcity official. Look inside the deal, plus, what elon musk has to said. And china urging with didi. Under the deal, theyll invest a billion. What it means for ride sharing competition. First up into the first trading session of august, s p looking to host its sixth monthly gain with a dow aiming for a sevenmonth win streak. Crude in yul, wti turn nd the worst month of the year, then goldman downgrading. The firm says ek pensive valuations and poor growth are to blame. We know they have not trusted this rally. No. Flat. And yet at the same time, its been a rotational strength. Technology was really strong last month. Now, i dont know if people realize how unusual that is. Technology is historically weak during the summer. You simply do not get the kinds of gains we got. European is supposed to go away. Look at what happened last week. Takeovers, unbelievable numbers from a bunch of the real big cap stocks. Semiconductor consolidation continues. Yes, its possible stocks do new york c ....
Higher. Up by a quarter percent. The cac down by half a percent the ftse down slightly. After the friday night release of the European Bank stress tests, they were not nearly as stressful as some thought they should be. But you did see a lot of concerning things that came out of it. You can see unicredit is down by 7. 5 . Well find out how much it could impact the u. S. Markets in a few minutes. Lets check out crude oil prices because each though crude was up on friday, if you looked at last week, it was still down by over 2. 50. Oil sitting right around 41. 60. This morning, wti under additional pressure. That september contract right now is trading just above the 41 mark at 41. 07. Brent crude at 42. 93. It may be august, but things arent slowing down. Earnings and important Economic Data, all this as the dow starts the month on a sixmonth win streak. Today, we get the july i ....