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The market moving news from around the world. Joining us on the phone from hong kong is karen lee, from london, emma chandra, and here in new york is michael mckee. First we want to kick it off and hong kong come over the chief executive carrie lam spoke at a briefing following 12 straight weekends of protests in the city. Lam the government is confident we can handle a months long disturbance. I think it is a common goal and hong kong to handle this by ourselves. Alix bloombergs karen lee has the latest. Where are we at . Carrie lam speaking publicly after another weekend of violence, saying ...

Selloff today after disappointing earnings news from facebook owner meta. Please fact amazon after the belt and i think the street is prepared for some disappointing news as well. Nasdaq 100 down 2. 2 . That is just a concentrated version of the ccmp. Abigail doolittle has a look at the earnings that have driven these losses today and the effect on volatility. Abigail pretty brutal stretch. The declines you were talking about, we have the major indexes down for the second day in a row. I dont think the s p 500 is oversold yet. There could be more selling ahead. This is since j. P. Morgan kicke...

Strong number but they did not hold on. We ended with red on the day. Still less than 1 but it felt like a selloff. Scarlet look no further than retail. I have a weekly chart of some of the names that got taken out to the woodshed. Jcpenneys reporting earnings, the rating was downgraded to junk and macys cutting forecasts. You had nordstroms falling the most in the s p today. Cutting its annual forecast and , thehat dragged on the xrt spider retail etf. You brought this question of earlier in the week. For retail spring the way summer was for media . At some point you realize media is up again...

And what youre looking at. Hours later, another Police Officer shot dead. This time on the streets of san diego. The Democrats Convention was characterized by strong antipolice and antimilitary sentiment. That was the back drop to Hillary Clintons acceptance speech. The first woman to accept a major partys nomination presented policies little different from president obama, very few are calling it a rousing presentation. Oh, what a contrast to the performance of americas top tech companies, truly rousing. Google and amazon followed facebook with stellar Financial Reports. Those stocks are goin...

Terrorism. John harwood will join us from the white house. Before we do that, lets get up to speed on this mornings other top stories. Michelle . Lets start with oil. Crude prices dropping after fridays opec meeting. As a result theres no agreement on output targets. In fact, the cartel didnt even mention a quota, something we havent seen in decades. Analysts say this is a message that opec or saudi arabia is willing to deal with low prices. You can see wti is back below 40 per barrel. U. S. Gasoline prices dropping again as well. The lundberg survey says the average price is down 4 cents. 2. ...