Trump Jr. emails spark knee-jerk market drop; Chinese labor activist speaks out; The U.K. is running out of curry chefs

Profitable Moment   Trump Jr. emails spark knee-jerk market drop It was a strange day at the NYSE. A boring morning with little movement was suddenly galvanized when Donald Trump Jr. published emails about his Russia meeting – and the stock market fell sharply, dropping more than 150 points in less than a half hour.  On Quest Express, Alan Valdes explained the fall as being driven by high-frequency traders and computers responding in a knee-jerk fashion to words like Trump and Russia. He may well be right, as evidenced by the fact the market rebounded and regained all of its losses once humans became involved. To leave it there would be too easy because there's more at play here today. What we saw was a market that finally took notice of the latest political maneuverings. It was the clearest warning sign that because the market has ignored most of the political problems so far, there is always the potential for a mishap if things go awry. However the Trump Russia story develops and plays out – we have been warned. -Richard.Quest@cnn.com  What's new... what's next   By Matt Egan, Patrick Gillespie, Julia Horowitz and Paul R. La Monica of CNNMoney 1. Paris, Los Angeles set to get the Olympics Paris and Los Angeles will probably score the Summer Olympics for 2024 and 2028. The International Olympic Committee voted on Tuesday to break with tradition and award two games at once. Paris and LA are the only competitors still in the running for the 2024 games. The only thing left to decide? Which city will host in which year. The committee said it's leaving the decision up to the applicants, who have until September to duke it out. 2. Chinese labor activist speaks out Hua Haifeng has had more than 20 run-ins with local police over the last decade. He usually got off with a warning. That is, until last May, when Hua was arrested while investigating a factory that made shoes for Ivanka Trump's brand and several others, including Marc Fisher and Kendall+Kylie. Hua says it was the first time he had been detained. He believes his detention was motivated by political sensitivities around the Ivanka Trump brand.  3. Amazon's India strategy: Prime Day and food Amazon is rolling out a new strategy to win over Indian consumers: Prime Day deals and food delivery. The e-commerce giant brought its blockbuster deal bonanza to three countries, including India, for the first time on Tuesday. Amazon also on Tuesday secured approval to sell groceries in the country. The move will enable the company to stock and sell its own grocery offerings to India's 1.3 billion people.  4. The U.K. is running out of curry chefs The British takeout industry is fed up. Shop owners are warning the government that a shortage of curry chefs and fish friers could force restaurants to close -- and Brexit is only expected to make things worse. Just how severe is the shortfall? More than a third of take-out restaurants have trouble finding the workers they need to churn out staples like fish and chips, according to a survey commissioned by the British Takeaway Campaign. 5. Quick Takes: U.K. foreign secretary Boris Johnson says Brexit divorce bill is 'extortionate' Big tech companies plan virtual protest to protect net neutrality rules Why is Hungary waging a negative ad campaign against George Soros? CEOs complain they can't find skilled workers. But low pay may be the problem U.S. to become top 10 oil exporter by 2020 even as glut may put oil below $40 Giving up the ghost. Snapchat stock plunges again. Will it ever snap back?   6. What's next: Janet Yellen heads to Capitol Hill: The Fed chief is scheduled to appear before the House Financial Services Committee at 10 a.m. ET on Wednesday. Yellen's remarks are expected to be released at 8:30 a.m. ET. Wall Street will be watching to see if Yellen drops any hints about how fast the Fed will raise interest rates. Her comments about efforts to rip up Dodd-Frank could also be influential. How bad is the oil glut? The reason oil prices plunged into a bear market last month is there remains a serious oversupply problem. Oil bulls are hoping the weekly U.S. oil inventory report due out at 10 a.m. ET on Wednesday offers evidence that the glut is finally easing. Make this newsletter better. Please send us your feedback to CNNMoneyfeedback@turner.com Share Tweet Forward Sign up for CNN Money's morning markets newsletter: Before the Bell Sign up for CNN Money's closing markets newsletter: Markets Now Copyright © 2017 Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved., All rights reserved. You're receiving this newsletter because you opted in at cnn.com or cnnmoney.com. Our mailing address is: Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved. One CNN Center Atlanta, GA 30303 Add us to your address book unsubscribe from this list    update subscription preferences