Transcript:
CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today.
Investors look ahead to a fresh start as the second half of the trading year kicks off next week.
Eyes will continue to be on the economy for any clues on when the Federal Reserve will start lowering interest rates. Investors continue to believe the first cut is coming in September. Insight into the Fed’s thinking will be gleaned when minutes from the June meeting are released on Wednesday. Markets are closed Thursday for Independence Day, and then on Friday, investors will get the all-important monthly jobs report.
In other news: Some Americans traveling in Europe are still experiencing mobile connectivity issues, which began on Thursday, according to various media reports.
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Verizon, AT&T, and T-Mobile each confirmed they are aware of the problem and trying to fix it. Some customers have complained on social media that they are getting the runaround by customer service reps.
The cause of the disruption in roaming service isn’t clear, but fingers are being pointed at a company called Syniverse. The telecom company bills itself as “the world’s most connected company,” with its mobile technology used as the backbone for international roaming functions. Syniverse confirmed to Reuters that it is facing “intermittent connectivity issues.”
The service disruption means those Americans who are impacted can’t connect to their mobile network or the internet without WiFi. Experts say the workaround is to get an international SIM card.
No word yet on when service will fully be restored.
That’ll do it for your daily briefing. From the New York Stock Exchange, I’m Conway Gittens with TheStreet.
Related: Stock Market Today: Stocks higher on soft inflation data; Nike tumbles
