Japanese Stocks Soar After Election Victory for Shinzo Abe
Japanese stocks are soaring after an election victor for Shinzo Abe. The Japanese Prime Minister won in a landslide victory, making it easier to push through his economic stimulus plans. U.S. stocks will try to build on Friday's job report gains. The S&P 500 is close to a record high. The Farnborough Air Show gets underway and big plane deals could be happening. The last few years have seen some plum deals signed for planes with both Boeing (BA) - Get Report and Airbus but there are signs demand is slowing. Tomorrow is Amazon (AMZN) - Get Report second Prime day. It's a sale on hundreds of thousands of items for members of its Prime program. Walmart (WMT) - Get Report is stepping up competition by offering free shipping on any items starting today and lasting 5 days. Earnings season gets underway today with Alcoa (AA) - Get Report reporting after the close.