Good morning warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Lets check in on the Global Markets. Futures pointing slightly lower as we look at things down a couple points 0. 6 points for the dow the nasdaq down 5 points it comes off a day of big gains. Up 1. 25 for the dow yesterday the nasdaq was up over a percent as well. The s p up just less than 1 lets look at in terms of where were going next coming up is the bond market nope bond market next tenyear treasury note coming up a yield of 2. 55 this morning. 2. 6 , we have crossed over that important milestone on the tenyear treasury note amazing to see the fiveyear is around 2. 4 that level we took so long to get past on the tenyear we got data out of china Fourth Quarter gdp at 6. 8 slightly above the 6. 7 consensus. That leads the full 2017 growth rite at 6. 9 retail sales were softer japan is lower the other markets are higher european trade, down about a half percent for the week as a whole. Coming in to a mixed se
On cnbc. Im sara eisen. Im wilfred frost. Happy throwback thursday. Throwing it back with some of the queens of rap. Kicking off with missy elliott. I was putting in my request for our producer for the only female british rapper. If you can find one for later in the show, that would be great. Global markets this morning. After stocks did eke out gains yesterday. The nasdaq closed at a record high for the fifth session in a row. Little soft this morning. Dow futures down 44. S p futures down 6. 5. Nasdaq futures are down 13 points. No catalyst cited from the trump News Conference to fuel the reflation trade. Talk of infrastructure, Corporate Tax cuts which helped fuel the rally over the last five weeks was lacking in that News Conference. Well dive deeper into that in a moment. Thats been the general word from strategists and from investors overnight. Youre seeing futures sell off a bit. The tenyear treasury note yield, a pull back on that selloff we have seen in recent weeks, and some
Three months. Nothing has happened. Good people have filled in. Quiet in the news cycle. New studio. I noticed. New president. Yeah. New vice president. What else is new . You have a baby. I have a baby. Thats new. This week. Lets get you caught up on the markets. Weve been watching this march towards 20,000 for the dow. This morning you can see the futures under pressure. Dow futures down by 41 points. S p futures down by six. Nasdaq down by 13. Lets look at whats happening in europe in the early trading there. Or well start with asia. The nikkei down by 1 . Shanghai was down by a half percent. As was the hang seng. If you check out things in europe, early trading there. Look and youll see never mind, well skip to energy. Never mind, well go to europe. The dax, down by a half percent. Modest declines with most of the other markets. The spain ibex is up slightly. If you check out the oil market, this was interesting. Wti rallying despite the idea that some supplies came in bigger than
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