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 this one is the size and scale. The fact that its reached at least 150 countries. The fact that were talking about russian banks in the same sentence as chinese old gas stations. Renault whiched what to shut down which had to shut down some companies and fedex. Theres gotten to some intelligence sharing when it comes to the global manhunt thats under way to figure out whos behind this. When you talk about intelligence the exploit itself apparently taken from the nsa. Which has of course spent a lot of time examining the vulnerabilities and all sorts of different parts of the cyber world in order to do its job. But apparently this one being used for purposes not intended by the nsa. Of course, it wasnt intended to be stolen in first place. Thats brad smiths point in this microsoft blog. You guys cant keep all this stuff to yourself. Let it out there. And let Tech Companies at least try to make sure we find ways to patch these things. Heres brad smith. This attack provides yet another example of why the stockpiling of vulnerabilities by governments is such a problem. As always, guys, any event around the world ends up colliding with tech somehow. You can see it in the Cyber Security stocks in the premarket. Very active. All flying hirer. Symantec, fireeye. You have a few of the Public Companies, whether theyre addressing it or not, 3, 4 higher in the premarket. It seems to serve as a warning sign for all of to be more aware of the next attack and yet, its not clear that preparations are really being made by both Corporate America and even the government to truly guard against what might still come. We continue to get sort of signs of that as a possibility and this is certainly one of them. Or what to do. I dont know. Are you supposed to be paying the bitcoin ransom of 300 . Because according to our article on cnbc. Com, they have only collected 50,000 for 200,000 hackers. Which means people arent paying the ransom. Someone made an astute point. Those people who are winning i think its windows xp and actually know how to use bitcoin are not necessarily meeting. Because thats a whole a fairly old in other words, you may not be technologically savvy if youre running xp and you havent downloaded a patch for the exploit being used. You cant figure out low to use bitcoin. Following the money is the key to solving it. Bitcoin is untraceable. By the way, homeland adviser tom bosworth scheduled some emergency meetings. The fbi is all over it. The markets begin a new week after three week winning streaks were snapped and now the nasdaq aiming for a fifth straight week of gains. It has been the bright spot. Retailers such as walmart, target and home depot are dominating the earnings calendar. As for oil prices on the move, crude jumping sharply this morning as saudi arabia and russia both came out together expressing support for Cutting Supply through the First Quarter of next year. Guys, the retailers are going to be interesting after what was very disappointing results, off low expectations for the Department Stores last week. You do have names here like walmart, tj maxx and home depot which have outperformed some of them have avoided the retail mess completely like tj maxx. You have another interesting lineup of retailers and some of those are turn around stories. See if they can revive the discretionary train. Walmart on thursday. And amazons 20th anniversary of the ipo is today. Its now worth two walmarts. Two walmarts. Yeah. Its come a long way from being a nonprofitable bookstore in 1997. Less than half a billion. Amazon, if you bought it at the ipo youre up 641 x. Thats just its stunning. 640 billion market value. I was around i remember when it went public and i believed mr. Qua testosterone was the banker. I think it was Deutsche Bank that took them public. I dont think it was an accident that he was tweeting. It was alex brown no. It is incredible from the very first shareholder letter that mr. Bezos shared with us, hey, you know what, were not about current earnings, but were securing future cash flows and man, their investors have bought into it. We pointed this out so many times. Its hard to find a more loyal Investor Base than what mr. Bezos has been able to assemble, allowing them to make the long Term Investments that have secured a dominant position in retail. From the split adjusted close of 196, the stock has multiplied 490 times. Ipo price. Compound annual growth rate is 38 per year. Not bad. Every year for 20 years. So thats not bad. Looking not getting that anywhere else. Thatll get you somewhere. Even when youre starting with not much. But look at how many people even Warren Buffett last week in an interview to us, sort of had the hindsight 20 20 wish i could have got in. It was hard for people to see that the vision was. As i mentioned, barnes noble was scared but the retailers werent scared and now look whats happening in the current retail quarter and amazon looms over every single retail disappointment. 90 of the s p has reported so the retails are the last gasp. Lets get to the top stories out of washington including the search for a candidate to replace fired fbi director comey. Our eamon javers is in washington with all of that. Hey, eamon. Good morning, carl. Youre right. The reverberations continued through the weekend over the president s decision to fire fbi director james comey. Including from the former director of National IntelligenceJames Clapper who said american institutions are under assault. Heres what he said over the weekend. I think in many ways our institutions are under assault both externally and thats the big news here. The russian interference in our election system. And i think as well our institutions are under assault internally. Internally from the president . Exactly. Clapper is a person that the white house has been pointing to as having said that he wasnt aware of any collusion between the trump team and russia in terms of the 2016 election but over the weekend clapper said he would not have been aware of anything that the fbi investigation thats ongoing has turned up. Thats because he wasnt even aware there was an fbi investigation until then fbi director james comey announced it publicly in march. Meanwhile, the white house says its pushing forward in its selection of a new fbi director. The department of justice interviewing eight candidates over the weekend. Heres a look at the semilong short list as who might be under consideration as of now. Including Andrew Mccabe the acting fbi director. My sources tell me hes not likely to be selected ultimately but hes being interviewed. Senator john cornyn of texas. Alice fischer, the assistant attorney general. Michael garcia another judge being considered. Judge henry hudson of the eastern virginia u. S. District court. Adam lee, a special agent. Mike rogers a former house intelligence chairman. Obviously a political figure and Fran Townsend a familiar face from television, the Homeland Security adviser to president george w. Bush. The president said over the weekend that he hopes to have this selection made very quickly. They have been vetted before, because their entire public lives are out there for all to see. We might see a selection before he leaves for the big foreign trip on friday. Well watch for that and anything else that happens today, guys. Eamon. We do have the treasury secretary on thursday in front of Senate Banking. Got house ways and means on some stuff on tax reform, thursday as well. Is this the week we start to see the shovels really work on taxes . Well, the question is how much of this drama around comey, the alleged taping system, the apparent threat of comey, all of that weighs on this white houses ability to sort of corral people up on capitol hill around its vision on tax reform. Remember, we havent seen a whole lot of the details on taxes. So well wait for those. But politically, what this white house learned during the Health Care Effort is that it does take white house leadership to push all those factions up on capitol hill together on to some particular agenda. Whether or not theyre too distracted to do that this week is something to watch. Thats going to be a big part of your week, eamon. Thanks for that. Eamon javers in washington, d. C. When we come back, well start a new week of trading. Gm upping the ante with a new car sharing service. Well talk with the head of the maven unit. The dow is down four Straight Days but the nasdaq is the mosul solid still. Up 6 of 7. More squawk from post 9 in a minute. I cant wait for her to have that College Experience that i had. The classes, the friends, the independence. And since we planned for it, that student debt is the one experience, im glad shell miss when you have the right financial advisor, life can be brilliant. Ameriprise a little over 15 minutes before the opening bell. The futures point to the positive start. Lets bring in our floor operations with ubs, good morning. Good morning. We did get that manufacturing survey, went negative. A lot weaker than expected. Including new orders. How worrisome of a trend is that as were looking for a rebound in the Economic Data. But youre getting some offsets. You get a big boost from oil. And a Production Cutback continuing. Secondarily china with their Transportation Program is basically putting a decent bid under the whole commodity market. So weve got that going. Traders are going to look this week to see if the markets can break out of this consolidation phase they have been in for nearly 2 1 2 months now. The s p got within hailing distance of 2,400 back on march 1st. And we havent been able to successfully blow all the way through. So its going to be a critical week to see if they can put all that stuff together. Again, washington will be an important back drop. If it looks like some of these things are going to delay or eliminate tax reform and other things, you could see some disappointment come in. First thing we want to see is an attempt to break out. Get it up above 2400 and move from there. These intraday ranges, art, 0. 2 . Friday was one of the narrowest in years for the s p. Can that last for a while or is it a spring coil . I think its like a spring coil because you have friday was the 13th straight day that the s p failed to move more than half of 1 . That goes all way back to 1995. So we havent had markets and you see where the vix is. Other parts of the operation. So i think its like a coil spring. Why . Why is it like a coil spring . Because you have all of and these of and these background things going on. You would i mean, theyre certainly grabbing headlines. The president grabs a headline they dont its like a coil spring. Its got all this tension. You think it will eventually . I think it will eventually it will. Heaven forbid if it became apparent to the market that were not going to get any tax reform, that were not going to get any of this stuff moving, and i think jim brown over at option investor also pointed out that you have people here who dont want to sell. Even if they think theyre getting disappointed, because just in case taxes do get changed, i can sell at a cheaper tax rate. So if they begin to give up hope on that, there is some potential pent up selling that can come. That could last till the end of the year . It could, but i think youll get a better definition as the president begins to move around. We begin to see if any real action in Congress Starts to occur. So the first hope is for a breakout to the upside if we drag on too long theres a possibility of a breakout. Part of the story, art, has been the strengthening Global Economy thats fueled the market moves. Not just in the u. S. , european stocks are near record highs. China Industrial Production came in light today. Some of the data out of china, i know you talked about some excitement around Infrastructure Spending there. I wonder how much its going to take to hold up that part of the story, of a strengthening Global Economy. What we got out of the u. S. , inflation, is that trade going to work . Well, its holding up so far. I think thats what you have is the clock kind of running down. How much patience will people have . If it continues modestly here, if we begin to see some moves on taxes or whatever, then you can have a really good move. If it delays and delays and you dont see anything else, then im afraid people are going to start to give up on it. So well watch to see if that idea of too early in the year to sell because i might sell at cheaper prices, see if that starts to wear down. Art, during the course of a day here at cnbc you have a number of people say, well, the market is very expensive. Then others say not really. Where do you come down in the debate of where we are and the multiple historically and whether or not it should be viewed as perhaps at the higher end or towards expensive . Its not cheap. Just on a face of it. Youre beginning to see that the breakout between growth and value and value is not doing well. So i think again, i think we have a compressed timetable here. Were going to have to see some movement from congress, from washington. See some kind of resolution. If that doesnt come, the longer it takes the more difficult things will get thank you for weighing in on this monday morning. When we come back, tra value go one of the big winners. Up 15 . Well talk to the ceo. Look at the premarket. More squawk on the street from the nyse is still ahead. This is my headquarters. This is where i trade and manage my portfolio. Since i added futures, i have access to the oil markets and gold markets. Okay. Im plugged into equities trade confirmed and i have Global Access 24 7. Meaning i can do what i need to do, then i can focus on what i want to do. Visit learnfuturestoday. Com to see what adding futures can do for you. Hey dad, come meet the new guy. The new guy . What new guy . I hired some help. He really knows his wine. This is the new guy . Hello, my name is watson. You know wine, huh . I know that you should check vineyard block 12. Block 12 . My analysis of satellite imagery shows it would benefit from decreased irrigation. I was wondering about that. Easy boy. Nice doggy. What do you think . Not bad. Looking from a fresh perspective can make all the difference. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. For the latest on these global Cyber Attacks we want to go to josh lipton who joins us out in san francisco. Good morning. Well, these kinds of attacks of course do tend to focus attention on the Cyber Security space. You can see how some of those names are reacting. It is being called an unprecedented Ransomware Attack. Thats how this cyber assault is being detailed. Rob wainwright, the eu police agency, said that this cyber attack had already impacted 200,000 people and at least 150 countries but wainwright said he was worried that the numbers would only increase as people return to work today and turn on their computers. Now we have early report of attacks in japan, korea and taiwan. The amount of money being demanded is relatively small. A few hundred dollars of bitcoins that could possibly go up. Cyber Security Firm said that the ransom note looks like this, oops, your important files are encrypted. That means you cant access them anymore until theyre decrypted. This used a vulnerability of old versions of microsoft which was originally discovered and exploited by the National Security agency as an offensive security weapon. The chief legal officer said that the attack was in his words a wakeup call in saying this provides yet another example of why the stockpiling of vulnerabilities in governments is such a problem. Guys, back to you. Hey, josh, are individuals being targeted too . Or is it just businesses . I have not heard any reports, sara, yet of individuals being targeted. But of course this is a fast moving story. As i mentioned you had european Law Enforcement officials saying they expected the size of this attack to only grow. Today of course as people come back to work and turn on their computers. All right. Keep an eye on it. As you can see next to you, Cyber Security stocks are flying from the premarket. Josh, clearly the demand is there. Every time Somet