The latest Markit/CIPS Flash UK PMI survey of around 600 companies suggests from data collected between July 12 to July 21, the UK economy opened the third quarter "on a weak footing", with both output and new orders down for the first time since 2012.
Trump's choice of Indiana Gov. Mike Pence as his running mate was overshadowed by a terror attack in France and attempted coup in Turkey. Trump is not scheduled to join him. Trump's decision to select Pence was seen as a move to unify the Republican Party, which remains deeply divided in the wake of the NY real estate mogul's primary victory.
The Nasdaq Composite was down 7.98 points, or 0.16 per cent, at 5,065.92. Soft commodities trading on the ICE exchange such as cocoa and cotton were also weak, with each losing roughly 1 percent. Even though stock prices may look expensive relative to how much profit companies are earning, Weiss said US stocks can stay high because foreign stocks and bonds look even less attractive.
Americans weren't the only ones closely watching as Donald Trump officially took the mantle of the Republican Party Thursday night; the world had its eyes on Cleveland as well. Underscoring his unorthodox candidacy, Trump doubled down on the hard-line immigration policies that fired up conservatives in the primary but broke with many in his party by promising protections for gays and lesbians.
Rupert Murdoch has taken control of Fox News after ousting embattled Roger Ailes amid claims of sexual harassment. "Roger shared my vision of a great and independent television organisation and executed it brilliantly over 20 great years".
Follow the latest updates here and please fill out a survey and tell us what you think about our live coverage. "That pledge was abrogated", Cruz said . "And he's a liar". "I am not in the habit of supporting people who attack my wife and attack my father", Cruz told a meeting of the Texas delegation in Cleveland.