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U.S. Market at Close Report: Dow Falls 300 Points and S&P Slip From Its Record High Amid Jobs Data Disappointment.

 Source:   cnbc.com Jesse Pound 4-5 minutes U.S. stocks fell on Wednesday after the earnings of a major automaker and a private sector jobs report came in lower than expected. The Dow Jones Industrial Average shed about 323 points, or 0.9%, and closed near its session low. The S&P 500 slipped by 0.5% while the Nasdaq Composite ticked up 0.1%. The dip for the broader market came after the S&P 500 broke a two-day losing streak on Tuesday to post a record close, bringing its 2021 gains to more than 17%. Shares of General Motors fell about nearly 9%, weighing on the broader market, after the automaker missed earnings expectations for the second quarter . The automaker did raise its guidance for a key profit metric for the rest of the year. The ADP private payroll survey showed a gain of 330,000 jobs for July, well short of the consensus estimate of 653,000. The Labor Department's official jobs report, which typical
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Europe Markets at Close Report: European Markets Close Higher on Wednesday as Investors Watch Earnings Data

 Source:   cnbc.com Elliot Smith 3-4 minutes LONDON — European markets closed higher on Wednesday, as investors monitored corporate earnings from big names around the globe, along with economic data and the Covid-19 situation. The pan-European Stoxx 600 closed up 0.6% by mid-afternoon, having earlier notched a fresh record high. Tech stocks climbed 2% to lead gains while oil and gas stocks fell 0.5%. Shares in Asia-Pacific mostly advanced on Wednesday, with the exception of Japan, as a private survey showed Chinese services activity growth accelerating in July. However, the rapid rise in Covid-19 infections throughout the region is keeping optimism contained. Stateside, stock futures pulled back slightly in premarket Wednesday trade after the previous session saw strong earnings power the S&P 500 to a new all-time closing high. Back in Europe, Tuesday's earnings round showed that the global semiconductor shor

U.S. Politics: Manhattan, Westchester DAs Request Evidence From Cuomo Sex Harassment.

  Source:   cnbc.com Manhattan, Westchester DAs request evidence from Cuomo sex harassment probe Kevin Breuninger 3-4 minutes The district attorneys for Manhattan and Westchester County asked New York Attorney General Letitia James on Wednesday for evidence related to her office's bombshell report accusing Gov. Andrew Cuomo of sexual harassment. The Westchester DA, Mimi Rocah, in a letter obtained by NBC News, asked James to send her materials related to one of the 11 women who in an official report accused Cuomo of sexual harassment . Rocah said she plans to conduct an inquiry into whether the alleged sexual misconduct by New York Gov. Andrew Cuomo that occurred in her jurisdiction was "criminal in nature." CNBC Politics That complainant was a state trooper on the governor's protective detail, the report alleges. "According to the report, one of the complainants, identified as Trooper #1, indi

China Still Battles Covid-19: China Closes Down Transport Routes Amid its Battles Against Worst Covid-19 Outbreak in Months.

  Source:   theguardian.com Helen Davidson 6-7 minutes China has dramatically tightened travel restrictions as it seeks to control the country’s worst outbreak in months, with hundreds of Delta variant cases linked to airport employees. The latest outbreak has so far infected more than 400 people in 25 cities, including the capital city, Beijing, and in Wuhan for the first time since it contained the initial Covid-19 outbreak last year. Cases have been reported in 17 of the 31 provinces. A further 71 locally transmitted cases were confirmed on Tuesday, the national health commission said on Wednesday – the highest daily count since January. Nearly half were in Jiangsu, the site of the airport cluster to which most cases have been linked, and 15 in Hunan. On Wednesday afternoon China announced it would tighten cross-border movement, and temporarily suspend issuing entry and exit documents for non-essential, non-emergency travel

The Cybersecurity 202: The Relationship Between Ethical Hackers and Government Has Improved, Experts Say

Source:   washingtonpost.com Joseph Marks 9-11 minutes LAS VEGAS — Cyber experts are about evenly split on whether the often-complicated relationship between the government and ethical hackers has improved in the past two years.  Those years included the launch of a slew of programs inviting ethical hackers to search for bugs in government computer systems and a landmark Supreme Court ruling limiting when prosecutors can bring cases against security researchers that violate tech products’ narrow terms of service.  But they also included a renewed government push to limit the strongest forms of encryption that was widely panned by cybersecurity experts. Former president Donald Trump’s embrace of conspiracy theories related to cybersecurity, election fraud and other topics also spurred broad cynicism in the hacker community, according to experts in our Cybersecurity 202 Network poll.  “ In general, the gover

The U.S. Dollar Exchange Rate Today (Early Morning).

 Source:  exchangerates.org.uk 4 minutes Live US Dollar (USD) Exchange Rates Welcome to the US Dollar exchange rate & live currency converter page. The US Dollar (USD) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT. Use links provided below to drill down to your preferred currency pair; Here you can view the latest news, top 5 best UK travel money rates, historical exchange rates and historical charts. Countries using the ISO 4217 Currency Code USD: Money Transfer To American samoa , Money Transfer To British indian ocean territory , Money Transfer To Ecuador , Money Transfer To El salvador , Money Transfer To Guam , Money Transfer To Haiti , Mone