World Markets Live - July 19
We’ll be updating you throughout the day with essential breaking news, data alerts, earnings reports and all the major market movements.
Welcome to the World Markets Live blog, here are our headlines:
- Back to the drawing board. Republicans scramble over healthcare after efforts to replace Obamacare fail. President Trump vows to fight on for the rest of his agenda.
- Goldman's a drag. Shares fall, taking the Dow with it, as the big bank reports a 40 percent slump in bond and currency trading.
- McCormick buys Reckitt Benckiser's food business for $4.2 billion, adding French's mustard and Frank's hot sauce to the company spice rack.
- A shrinking top line. IBM shares fall, as the tech group's revenue numbers disappoint, dropping for the 21st quarter in a row.