Rio Officials Say City Will Be Ready for Olympics @FoxBusiness
http://www.foxbusiness.com/features/2016/07/05/rio-officials-say-city-will-be-ready-for-olympics.html
Oil Sees Biggest Drop Since Feb on Brexit, Supply Builds @FoxBusiness
http://www.foxbusiness.com/markets/2016/07/05/oil-sees-biggest-drop-since-feb-on-brexit-supply-builds.html
Giuliani: FBI’s Comey Putting Hillary Clinton Above the Law @FoxBusiness
http://www.foxbusiness.com/features/2016/07/05/giuliani-fbis-comey-putting-hillary-clinton-above-law.html
Trump Looking At Political Insiders For VP Pick? @FoxBusiness
https://video.foxbusiness.com/v/5021949200001/trump-looking-at-political-insiders-for-vp-pick#sp=show-clips
U.S. factory orders fall, but rising backlogs hint at stabilization
http://www.reuters.com/article/us-usa-economy-factory-idUSKCN0ZL1M8
Chipotle Executive Charged With Drug Possession @FoxBusiness
http://www.foxbusiness.com/features/2016/07/05/chipotle-executive-charged-with-drug-possession.html
Netflix coming to Comcast’s X1 boxes later this year $NFLX
http://www.reuters.com/article/us-comcast-netflix-idUSKCN0ZL22B?il=0
Required Reading
Clinton’s ‘extremely careless’ email use is not criminal: FBI Reuters TV: ‘We cannot find a case that would support bringing criminal charges’ FBI Director Comey’s complete statement Speaker Ryan: Declining to prosecute Clinton sets bad precedent Ryan slams Trump ‘star’ tweet EgyptAir voice recorder indicates attempt to put out fire before crash Wall St. falls…
The Closing Look
U.S. stocks were closed on Monday in observance of independence day. Overseas markets fell as fresh concern spread regrading Brexit. On Monday, the European Central Bank opened the door to state aid for euro zone banks. Italy was back in focus when they entered into to talks with the European Commission to recapitalize their banks with…
The Morning Look
Market Update: Stock futures are lower ahead of Wednesday’s open as global markets remain under pressure and investors wait for the Fed minutes to be released at 2pm est today. Next up will be Friday’s jobs report and earnings season (over the next few weeks). Gary’s Thoughts: Lower but off lows. Markets remain mushy with foreign markets…