01Jul2019 Midday Update: The Rise And Fall Of Wall Street, SP 500 Sets New Historical Record, Current Trending Is Headed For The Unchanged Line, DOW Fell From 270 To 37 And Falling

Here is the current market situation from CNN Money

North and South American markets are higher today with shares in Mexico leading the region. The IPC is up 0.49% while Brazil’s Bovespa is up 0.45% and U.S.’s S&P 500 is up 0.42%.

Wall Street rallies as trade optimism lifts tech stocks

Wall Street’s main indexes rallied on Monday, with the S&P 500 hitting an all-time high, as technology stocks gained on growing optimism around U.S.-China trade talks and a likely reprieve for Chinese telecoms company Huawei.

Behind the plunge in China auto sales: chaotic implementation of new emission rules

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.

Deutsche Bank board to meet July 7 to decide on job cuts: sources

Deutsche Bank’s supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, four people with knowledge of the matter said.

Oil steadies on OPEC cuts, but oversupply fears persist

Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna, but prices pared gains as oversupply worries continued to overshadow the market.

Electric cars grab almost half of sales in oil-producing Norway

Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation retains its top global ranking in electric vehicle sales.

Walmart to invest $1.2 billion in China to upgrade logistics

Walmart Inc plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account on Monday.

Factories faltered in June, trade truce fails to brighten outlook

Factory activity shrank across much of Europe and Asia in June while growth in manufacturing cooled in the United States, keeping the world’s policymakers under pressure to avert a recession amid a U.S.-China trade war.

Exclusive: FIS to win EU approval for $35 billion Worldpay deal: sources

U.S. financial services provider Fidelity National Information Services Inc (FIS) is set to gain unconditional antitrust approval from the European Union for its $35 billion bid for payments company Worldpay , people familiar with the matter said on Monday.

U.S. factory activity falls to more than two-and-a-half-year low

U.S. manufacturing activity hit more than a 2-1/2-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over the escalation in trade tensions between the United States and China.

Rent Is Becoming Unaffordable For Many U.S. Workers

The National Low Income Housing Coalition has published its latest “Out of Reach” report which shows that renting is becoming increasingly unaffordable for countless Americans.

Watch Live: Hong Kong Riot Police Fire Tear Gas, In Running Battles With Protesters

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Update (1205ET): A line of police vehicles with lights flashing moved toward the legislature as midnight approached.

The Gov’t Wants To Outlaw Encrypted Messaging In iMessage, WhatsApp, Signal, Wickr, Telegram, …

Authored by Daisy Luther via The Organic Prepper blog,

If you ever use the encrypted messaging options on programs like iMessage, WhatsApp, Signal, Wickr, Telegram, or any other service, your time to discuss things privately over the phone may be running out. The US government doesn’t like for anything to get in the way of their ability to spy on investigate even the most mundane of conversations.

CNN Admits 2020 Democrats’ “Voters, You’re All Wrong” Strategy Is The Dumbest Ever

Democratic presidential candidates appear to have painted themselves into a corner – abandoning their giant moderate base in order to ‘out-left’ each other, while promoting “radical, nonsensical, unpopular ideas that please only a slim minority of your own people” according to CNN’s S. E. Cupp.

Car makers feel the heat as sales slump for 8th straight month

Car makers feel the heat as sales slump for 8th straight monthMajority of the automobile makers witnessed a decline in domestic passenger vehicle sales in June.

Cox & Kings’ troubles are just getting started

Cox & Kings’ troubles are just getting startedThe firm defaulted to the extent of Rs 50 crore, out of Rs 65 crore CP maturing on Monday.

How to fight for your financial rights

How to fight for your financial rightsWhether it is banking or insurance, it is easy to be taken for a ride. Find out how you can protect your rights.

Inflation-Adjusted May 2019 Construction Spending Year-over-Year Growth Falls Deeper In Contraction

Written by Steven Hansen

The headlines say construction declined month-over-month. Our analysis shows the rolling averages declined – and this sector is now deep in contraction.

Market Extra: Trade truce could give stocks a ‘one-day pop’ — and then watch out, warns Morgan Stanley’s Wilson

A pause in rising trade tensions isn’t a fix for U.S. economy’s ills.

How one person’s excessive drinking can create financial havoc for others

Women were twice as likely as men to cite family and financial harm from someone else’s drinking, a new study found.

Key Words: One small businessman rode this Warren Buffett-inspired strategy to billions

Billionaire optometrist Herbert Wertheim, “the greatest investor you’ve never heard of,” explains his steady climb to massive wealth through the magic of buy-and-hold investing.