Want to receive this post in your inbox every morning? fired FBI Director James Comey, the White House said in a statement late Tuesday afternoon. The White House said Trump informed Comey that he was terminated and removed from office. Comey, who has led an investigation into Russia’s meddling during the 2016 election and possible links to Trump aides and associates, is only the second FBI chief to have been fired.
Moon Landing
Left-leaning candidate Moon Jae-in collected a plurality of votes as a tailwind to growth although exports rose by less than economists had forecast. Also, more South Korea news: its April jobs report is due out at 8 a.m. The consensus estimate is for the unemployment rate to tick down to 3.6 percent. Japan’s leading and coincident economic indexes, slated for release at 2 p.m., are expected to have risen to 105.5 and decline to 114.6 in March, respectively.
Stocks Mixed
The S&P 500 index a planned $84 billion in capital spending by U.S. shale drillers, a move which would ultimately offset a large portion of major crude producers’ agreed-upon production cuts.
Futures Up
Nikkei 225 and S&P/ASX 200 equity futures are both pointing to a higher open as of 5:30 a.m. Tokyo time. The Shanghai Composite Index managed to snap its five-session losing streak Tuesday, though investors are There’s a yawning gap between Chinese stocks tied to the old and new growth industries.
is terrible.