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All because of an announcement that it will cut 400 jobs from its marketing unit, one third of the Marketing Department globally. This happened according to an email from the ceo earlier today. Is also falling close to about 4 . The coo is leaving. Said theyders of lyft would not ira replacement ends not higher a replacement and instead delegate the responsibilities. Largely expected the fed will cut rates. Theres a 20 chance they could cut by 50. Lets look at a pretty interesting chart that goes back five years. In blue, the fed funds future yield. In white, the s p 500. Correlatedtwo were un...

Struggles, spooked by the rumbling trade war. Sherry later, we will discuss. Uawei with jun zhang lets get a quick check on market close in the u. S. It was a bit of a mixed picture with the dow outperforming, up. 10 . Earningsh its announcement on tuesday. The s p 500 and nasdaq falling from record highs. Other tech heavyweights weighing on the market, amazon, netflix, facebook dragging the benchmarks. Also the 10 year yield falling for a second consecutive session ahead of the fomc meeting. Focused on the resumption of trade talks between the u. S. And china. In the meantime we have futures ...

In u. S. Subscribers and slower than expected growth overseas. Shery lets get you started with a quick check of how markets closed. We saw pressure across the markets with the s p 500 falling for a second consecutive session, finishing below that 3000 level. We have industrials leading the decline. There was a mixed bag of corporate earnings, not to mention lingering trade tensions weigh on sentiment. The dow down. 4 . Dow transportation average, a gauge of economic growth, also sinking. The fed beige book, nothing that , with jobs slowing somewhat. Lets see how things are shaping up. Sophie w...

And the europeans need to take necessary actions. The United States has basically in my view for a shot itself in the foot by withdrawing from this agreement. Nejra netflix slumps. A drop in u. S. Customers and slowing growth overseas. Shares plummet in extended trade. In europe, watching for results from s. A. P. Welcome to daybreak europe, just on 6 00 a. M. In london. Numbers from novartis are coming through. Second quarter core operating profit, at 3. 65 billion. The Second Quarter core eps, 1. 34. Second quarter net sales, 11. 76 billion. 2019 guidance has been raised for the new focused ...

Breakthrough with the u. S. You dont get security by praying for it. You must invest, you must do what is necessary. And the europeans need to take the necessary action. The United States has, in my view, shot itself in the foot by withdrawing. Matt welcome to bloomberg surveillance. Lets check in on the markets right now. Here in europe, we see drops across the board. Not as steep as they were at the , but you can still see the stoxx 600 is down. 3 . And some of the individual or regional indexes are down further. The dax, for example, down. 6 . Down, as yous are would expect, with a big drop...