Just to entertain, but to coach and teach you. Email me or tweet me jimcramer. This trump trade, the dow advancing 36 points, s p climbing. 02 , and i think the president is starting to confuse the heck out of everyone in the business world. This show is about investing not politics. Tru you should not invest based on his musings. Stocks are going up because of self help and because of mergers. And there are those that are going down because of the uncertainty created by the president s tweets and the casual comments about the rest of the world. Im not sure that the president understandings that his words carry a lot more weight than they did when he was a private citizen. For example, when you say out loud that maybe the big banks should be broken up. When you say that the government should be shut down in september, youre sending a message, im a provocateur and chief who doesnt know my own power. Wall street has gone from believing that trumps going to save American Business to wonde
Happy monday morning. Welcome to Worldwide Exchange. On cnbc. Im sara eisen. And im wilfred profit. Very good morning from me as well. Lets check the markets, low volatility. Little action. The dow and s p closed lower for the week. The nasdaq marching to its own beat closed higher for a fourth week in a row. Dow futures up 40 points. S p points up 4, nasdaq futures up 6. Retail earnings are going to be dominant as they were last week. Looking for results from walmart, home depot and more. Going straight there to show you the big boost. Wti 2. 6 higher. Present is above 52 this morning. 52. 15 up 2. 5 . As i mentioned on the Energy Minister comments. Nat gas up by a percent. And last week helping the market up 3 breaking the threeweek losing streak. So perhaps thats a sign to spur the market this week. Asian markets, hong kong, up. And the Industrial Production and fixed investment, both significantly rising but significantly below estimates. The ftse was the outperformer, 2 . Germany
State victories and macrons swearingin. Oil up on news of more Production Cuts and an Empire Manufacturing the first negative read since the election. Our road map begins with a cyber warning after hackers attack 1 50 countries over the weekend. Microsoft said it should serve as a wakeup call to governments around the world. And theres an agreement on the extension of the Oil Production cuts. The white house is hopefully to quickly pick the next fbi director. Will democrats make that possible . First up this morning, asian governments and businesses reporting some disruptions from this Wannacry Ransomware worm this morning. Its locked up hundreds of thousands of computers in more than 150 countries since friday. Security experts warning of further disruptions as more systems come online today. We have examples of schools for instance in south korea warning their students not to fire up their computers today for fear this could get a new leg as people turn things on. Whats amazing about
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Lets check in on the markets after another record close for the s p and nasdaq. Got a half percent gain for stocks yesterday. Breaking out of that dreade dreaded 0. 2 move. Lets show you where we are this morning. Dow futures down a point. S p futures down 1. 5. Nasdaq futures remain strong as the nasdaq continues its outperformance. Its coming off of four straight weeks in gains. The s p and dow broke their winning streak last week. The dollar is the mover last night. This is where we saw reaction to the report from the Washington Post and the New York Times that the president shared some highly sensitive Intelligence Data with the russians. You saw the dollar weaken sharply. The biggest move was against the euro. It soared to 110. 41. The dollar wiped out all of its post election gains. The dollar shot up on this idea of all of his pro growth policies and confide
Lately, we have a debate with a bull and bear on whether home depots fortunes can last. Thats coming up. This is a catchy tune, though. Im kind of digging it. Its a good one. It may help mortgage place, lending tree, its up more than 50 this year. The ceo joining us to talk more about that on a first on cnbc interview coming up. By the way, dont adjust the sets, im wearing my gene simmons kiss platforms today. Thats why theres a height difference. The latest from the white house, some members of the Republican Party concerned about what the President Trump told russian officials. Well look at why u. S. Stocks dont seem to be phased by all the drama coming out of d. C. These days. Starting, though, with a new bank of Network Report thats calling the most crowded trade in the world right now, the nasdaq. Tech heavy index, of course, as you know, hitting record after record, in record territory right now, as a matter of fact, and the latest 13 filing shows hung Fund Managers are piling in