Shanghai up. Early trading in europe, modest advances across the board. Cac is up. If you look at crude oil, last week was big for oil up 4 for the week, in spitting distance of 50. Up to 49. 78 a barrel. Corporate news the big one, Charter Communications announced it is not interested, i repeat, not interested in buying wireless carrier sprint follows news friday that sprint was interested in merging with charter to create a media outlet controlled we understand why a deal is attractive for softbank. Could kill any chance of deal between the companies. The wall street journal saying the ceo could make a formal offer anyway take a look at shares of sprint. Put context around whats going on sprint up close to 6 . Charter up marginally as well. Surprising sprint is where it is sprint had been talking back and forth to t mobile. Thats been the natural partner. T mobile effectively spurned sprint and sprint has gone on this sort of merger talk spree with anybody who will listen surprising
Is if if the president of the United States continues to call in aides and instruct them or give them leave to go out and make comments and starts exciting inconsistent with what the policy is of the administration or changing it, i think that the general is going to have to do this hes going to have to tell the president , look, mr. President , if youre going to tweet, let us know beforehand and let us take a look at it, if you will, and also folks coming into your office, when they come out of your office, if you call them in, instruct them that they will have to come by me and inform me whats been said, and hes going to have to structure this thing. I dont know whether thats going to work, but i do know that those below the general, given what he did today, i think will have gotten the message, and i think hes certainly got the possibility of imposing a new sense of discipline and order on the staff below him but were dealing with the president of the United States i mean, thats one
Good morning, welcome to squawk alley. Im john for foton. The british Prime Minister, theresa may, triggering article 50 this morning starting britains twoyear process of leaving the European Union. We will no longer be members of the single market. We are going to make sure that we can strike trade agreements with countries from outside the European Union too, because, important though our trade with the eu is and will remain, it is clear that the u. K. Needs to increase significantly its trade with the Fastest Growing export markets in the world. John, the reason i said that sort of jokingly, was willford and i were there nine months ago when this vote happened, surprised the entire world. The big question was, when was britain going to trigger article 50 starting the divorce talks. Now that we have done it, i think the question is, how messy is it going to be . This isnt the actual original one. It is a copy. This was the letter. The two big takeaways are the tone of thele letter. A
Weak tln weakness there. You did see the dax is down by 0. 8 . Losses by more than 1 in germany. The cac is down by 1. 3 . Take a look at the benchmark, tenyear german bund, turning negative, 0. 013 . That comes after pressure on treasuries around the globe yesterday. You saw the u. S. Tenyear, yelled was at its lowest level for sometimes since 2012. That was 1. 6 . This morning, even lower, 1. 586 . When you check out the 30year, 2. 58 . And the nasdaq bass down. And shanghai composite managed to hold on to gains, hang seng was down by 0. 6 . Crude oil looking to decline. Wti. And the brexit vote and the most recent polls, the latest yougov poll now giving the leave campaign a sevenpoint lead if you can believe this over remain. 11 undecided. 4 wont vote. Other polls are also putting leave ahead now. Two icm polls, one online, one by phone, finding outholding 4353 support. Betting aulds on brexit are now narrowing a probability of a vote to stay in the eu fell to 59 . Thats down from
Casualty situation. Authorities have not given any other details other than to say the situation is fluid. Stick with action news for updates on the story. Take a look at the screen, this video just in of an Apartment Building fire of the netherlands apartments that is going on in West Philadelphia. You can see the smoke coming from the Apartment Building as fire teams battle the fire on the roof. 100 people are being forced into a shelter. The action cam is live on the 4300 block of chestnut street. You see there, the flames have seemed to have died down there. The fire damaged a 4th floor and gone to multiple alarms. Apartment fire in West Philadelphia, 100 people forced to find shelter because of the fire. Checking in with sky6 live hd the commodor barry bridge, a beautiful shot hear as we wake up. 6 01, 77 degrees, time to check in with meteorologist chris sowers for accuweather. Reporter a little sticky out there, but its nice. We have sunshine expected later this afternoon. As we