Good morning a warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Lets get to the Global Market its a shortened day on wall street today markets closing at 1 00 p. M. Eastern time two days ago the dow and s p slightly lower the nasdaq slightly higher markets were closed state side yesterday. We are expecting to open flat. The nasdaq and s p just above the flat line with the dow fractionally lower lets look at markets around the rest of the world. Asia is the focus this weekend yesterday in particular we saw the biggest selloff for the smaller cap shenzhen index in china for three years. The shanghai index was down 2 an important day of Standing Firm off the back of that today. Shanghai is flat the rest of asia positive. This ongoing issue in china of late is focused on the government cracking down on various measures including trying to frighten Credit Conditions that led to a spike in bond yields particularly further down the curve. People have been focusing on that the sel
Numbers out moments ago on the surge in ecommerce. 640 million spent online so far today, up 18 year on year we have Team Coverage with Courtney Reagan and Morgan Brennan. Courtney, to you first good morning good morning to you, carl so black friday certainly changed over the years, right, with the idea you can shop on thanksgiving day in the evening, you can shop online all the time, but its still going to be retails biggest day of the year somewhere between 30 to 60 of americans are going to shop on this black friday. Personally, i like trying things on and its really not that crowded right now, so i think weve had a good experience much easier to buy it and have it already rather than waiting for it to get here i went out last night with my dad. I like to get into the Christmas Spirit early, so as soon as thanksgiving dinner is done, yes, christmas, lets go out walmarts traffic was stronger than target, at least during the beginning of the door busters on thanksgiving day or night,
Im carl kiquintanilla and melis lee. We turn to black friday and all things retail. We might get records for the s p and the nasdaq at least at the open euro at the sixweek high against the dollar having the best run since july. Europe is up and oil is the other story, thats a two and a half year high and that opec meeting next week. Our roadmap begins with the season for shopping. Retailers have focused on the holiday shortened day. Macys hoping the post thanksgiving spending free will end a threeyear sale slump. A massive data breach made public on tuesday and now reports the new ceo has known about the hack for months. It is black friday, the official start of the Holiday Shopping season many shoppers already got a head start. By last night consumers had spend 1. 5 billion online. Consumer spending up nearly 17 year on year until 5 00 p. M. Last night according to adobe analystics which tracks Online Transactions at the top 100 retailers. I think the headline in the journal today on
Weak so far. The dow and s p 500 even with those losses on wednesday are on pace for the best week in five nasdaq with the biggest week in seven weeks. In morngs ding dow futures up b5 points, s p up by 3, and the nasdaq up by 6 overnight in asia, the nikkei ended up just slightly. Up by 27 points. The hang seng by a half percentage point in europe this morning, with some of the early trading, it looks like the dax is up by 0. 3 the cac in france up bay half percentage point stocks are slightly weaker in london, but italian and spanish stocks are in the green. Also look at crude oil prices. Crude jumping on wednesday by 2. 1 , setting a 2. 5year high. It was sitting at 58. 02. This morning were up again, 63 cents higher to 58. 65. A couple of corporate stories were watching Teva Pharmaceuticals will lay off thousands of employees in israel and the United States they will be reportedly sending termination letters to 10 of its 10,000 employees earlier this month we heard teva said it wou
Contestants leaked. The top leaders now stepping down as past winners join forces. The woman at the center of it all former miss America Mallory hagan is here with the inside story and what happens next. And royal christmas curtsy. Meghan markle stepping out with prince harry embracing new tradition, greeting the queen with will and kate. The first fiancee to be invited. How the american princess in the making is making history. And we say good morning, america. Thank you for joining us this tuesday after christmas. Hope you had a great christmas. I did. I was chasing around my son and his three cousins and im sure i caught something. Now youll give it to me. Teach your son how to curtsy. It might come in handy. It was a royal christmas across the pond. With this christmas curtsy and she got a little help from her future brother and sisterinlaw as well. Having an electrifying effect on that family. Seamless transition. Its incredible. Well start with the latest on the Severe Weather ca