Top of the show. Happy birthday to her today. Turned 30. I didnt though that. Lets have a look at u. S. Equity futures right now. And they are celebrating lady gagas birthday with a positive open expected for the dow coming open by 80 points. Nasdaq by 20. We did see a little bit of yield compression last week. A little riskoff trade. On the tenyear note. Terror in pakistan this weekend, an apparent suicide bombing killed at least 65 people including women and children at a park. A breakaway faction of the taliban has claimed responsibility. The mark was crowded with christians on an Easter Sunday outing. A spokesperson said the attack deliberately targeted the christian community, also injuring more than 300. Switching gear to the markets, investors will hit the ground running this week coming off the easter holiday. Threeday weekend with plenty of Economic Data at tap. Trade deficit, pending home sales figures all due out for february on tuesday. Its the january on tuesday, january caseshiller home price index and consumer confidence. Wednesday, the adp employment report. Thursday, jobless claims as usual in march and then march final read on march consumer sentiment. February Construction Spending and march auto sales all out on friday. The job report, wilfred is the biggie. Coming off of the week, we really didnt have that much Economic Data. There was one week of Economic Data of note. Investors will get the first chance to react to that today. We had Fourth Quarter gdp figures, on friday, the markets were closed. Q4 gdp increased 1. 4 . Strong Consumer Spending was a key factor. But weak corporate profits was the low point which a lot of people were focused on. Down a little more than 7 if you take out special factors which is still one of the worst reads for corporate profits since the great recession. Can they bounce back in the First Quarter. New fed speak to tell you about. San francisco fed president John Williams says the u. S. Economy in his words is doing quite well. He points to stabilization. Strong employment growth. Williams suggesting that Global Development actually preventing the u. S. From returning to normalized Interest Rates. Have a listen. We understand that were in the Global Economy. Global financial system, so what happens in brazil or china, what happens in Southeast Asia or south america has major impact on the u. S. Economy in terms of employment and inflation goals. We have to take all of that into account. We have to understand how it impacts the u. S. Economy. We have to be cognizant of the fact when the fed acts, it affects the Global Economy. Understand those feedback loops and all the ramifications. And that was John Williams talking about the feds increasing focus on international development. Something we saw in the fed statement during the fed meeting two weeks ago. Something we did thought hear with the fed regional president s coming out, some of them talking about april being a possibility sooner rather than later which spent the dollar stronger. I would just say Pay Attention to the core of the fed. Williams echoes more the janet yellen views of the fed. Shell be speaking on tuesday at the Economic Club in new york. Bill dudley, the new york president will be speaking on thursday. Those are the ones you want to monitor because they matter. Interestingly, it comes down now to the confusing fed speak weve had over the last couple of weeks as to how much weight they put on the situation. Everyone sort of agreed the situation in the u. S. Is pretty decent. The data has been okay. The situation internationally is pretty soft and its how much weight do they want to put on the international situation. Those that focus domestically, theyre more hawkish and saying hike earlier. And the one with total volatility say lets push it back. And it opens the fed to criticism because the Federal Reserve has a dual mandate that is to focus on inflation, well see how the gauge is today. With, the fed gauge. And 34r0i789. 4. 9 on the unemployment rate. Its come down lowest since the recession. So you could argue that the fed is meeting its mansd date, should be raidsing its Interest Rates. Though with manufacturing on the brink of or in a recession, and the stronger dollar hurting corporate profits should the fed wait even longer. And its such an important factor to watch if you think of the rebounds markets since the middle of february. The latter part of that march part, really down, the u. S. Dollar. Allowing trades, some risk trades to come up. Commodities. Commodities as well. Lets check in on asian markets, europe is closed. Some markets in asia trading. Shanghai is up. 7. Japan up. 07. Doing well, with the likes of new zealand, hong kong and australia all closed for the Easter Monday holiday. We do have Corporate News to share. Microsoft reportedly in talks were private equity firms to help finance a bid to buy yahoo . This according to reports. Executives from private equity firms approaching microsoft to gauge its interests, this comes as yahoo is auctioning off its core Economic Business including search and mail. Taking a look at shares in the early premarket. Microsoft higher 0. 3 . Yahoo shares higher as well. Pretty much flat, though, 35 bucks a share. Dell is set to announce it will sell its i. T. Unit to ntt data corp. For 3. 5 billion. Its part of raising down its 50 billion in debt it will have when it closes on the anc. And avon with the Beauty Products ma s maker will add to eat seat. Taking a look at avon shares, going a Little Movement to the downside. Less than 0. 3. Basically down a little bit today. Right. A new survey finds economists are seeing the glass half empty when it comes to corporate profits and Economic Growth this year. Landon dowdy joins us more with that stove. Hi, thats right. A nur survey for the nationality association of business economists say corporate profits have raised 2 in 2016, thats gown from the 5 growth frost in december. Despite the california money in consumers pockets from lower gas prices, economists are lowering their growth average to 2016 and 2017. The Federal Reserve predicting a typical u. S. Household will have about 1,000 more to spend this year thanks to cheaper prices at the pump. What are americans doing with extra cash . So far, saving or paying down most of it with debt. But economists believe some of cash will go to restaurants, cars, appliances and other longlasting products. As for Interest Rate hikes, except of the economists surveyed expect two increases this year, guys, back to you. On par with the fed blast which is forecast. When we come back, oil prospects. Rbcs head of Energy Resource joins with the call on crude. Wti just below 40 a barrel. Our facebook and twitter question we want to hear from you. Weve asked what is going to break the lull in u. S. Stock . Data, fed speak, earnings, International News . Send your comments. Thank you for calling. Well be with you shortly. Yeah right. Xerox Predictive Analytics help companies provide a better and faster customer experience. Hello mr. Kent. Can i rebook your flight . Im here Customer Care can work better. With xerox. Wait im here mr. Kent . gasp shark diving xerox personalized employee portals help Companies Make benefits simple and accessible. From anywhere. Hula dancing . Cliff jumping Human Resources can work better. With xerox. Thank you. Ordering chinese food is a very predictable experience. I order b14. I get b14. No surprises. Buying business internet, on the other hand, can be a roller coaster White Knuckle thrill ride. Youre promised one speed. But do you consistently get it . You do with comcast business. Its reliable. Just like kung pao fish. Thank you, ping. Reliably fast internet starts at 59. 95 a month. Comcast business. Built for business. Welcome back to Worldwide Exchange. Very good morning to you. Lets look at u. S. Equity futures this morning. Pointing to a hirer open. And now looking at 80 points to snap the losses that we saw last week. Of course, last week, we had the first week of losses in six, albeit by relatively low amounts and on low volumes but pointing to a positive today. One of the big themes in this market is the debate continuing whether oil prices have finally seen the bottom. Jackie deangelis looks at the issues facing the energy secretarier in this secretary quarter. A bumpy First Quarter for crude oil prices as we saw crude dipping to that 26 level for a second time and then rebounding up over 40. Right now, there seems there be downward bias despite the fact that producers are going to meet in kata to discuss that production increase, despite of the fact that weve had a global glut here in the United States. And meantime that meeting while it seems to be a good effort on some of the parties to get together, will it produce any results here . Thats the question. And where do prices go in the Second Quarter . Based on my reporting, consensus thinks that we could see summer driving demand give us a little boost for oil prices. Some support. But the fed and dollar going to drive this trade and create headwinds for commodities, including troo crude. Dennis hartman telling me hes expecting to see a range, plus or minus 5, and he expects that to continue for a good portion of the year unless something happens to change the fundamentals. Either way, most Market Participants are telling me they expect to be more cautious when it comes to this market and that it could continue to be a bumpy right ahead. Back to you. Jackie deangelis, our thanks to you. Joining us now to discuss is curt howlet. Clearly as jackie points out a big event will be this meeting of oil producers. How important is it going to be in terms of moving the price ahead of it into that april meeting and after. Good morning. Yeah, i think anytime it has an opportunity for the saudis to give their perspective on the oil market, its a very important market. Just as important, the fact that having russia involved. Those are two of the three Largest Oil Producing Countries in the world right now. And i actually think the actual pivot point for marking a low on oil came in early february when the saudis did agree to the Production Cut or not the Production Cut, the production freeze. And to have this meeting with nonopec producers as well. Kurt, when we look at the way the oil prices have recover the reason is for the bounce as you might have suggested in february, the last few weeks, this resilience that weve seen, how much is down to currency as opposed to the supply factors that you point to to the likes of russia and saudi come to the table and make a deal . I think thats what makes the market very fascinating. There are multiple factors always involved in say, daytoday trading and factors involved over time. I think the most important factor is always going to be supply and demand. Clearly, you do have an excess supply situation in the marketplace. Thats not to downplay the potential currency impacts. I think the currency impacts ultimately will be determined to be less important than these flying demands. Kurt, here we are, once again on a monday morning, hovering around the 40 a barrel region. How important is that level . Is that just a technical thing . Or does it really become important for producers as well . And oil companies, when it comes to managing their costs . I think the important thing right now is that youve seen some improvement in the price of oil. And then youve seen some stability in and around this 40 wpi mark. Beyond that, i dont think its really that important. I think the next level is the 50 per barrel level. Thats a point where a number of u. S. Producers have indicated that a number of their fields in the u. S. Will be proven to be more economical. And it might be a point where you might start to see additional hedging as well. Kurt, is the u. S. Stock market still at the mercy of the price of oil, or have we moved past that point . Well, it seems 200 coincidental to ignore, doesnt it, february 11th . It marked the rise of oil prices in tandem. I think ultimately, its a chicken and egg process. With strong Economic Growth, you have Strong Demand for crude oil and vice versa. As long as were in economic mode, its positive for the markets. A lot of people say stronger oil. Weaker oil, strong dollar. Kurt hallead. Still to come on Worldwide Exchange, decision 2016. Weekend wins for Bernie Sanders. Plus the big fight between ted cruz and donald trump. But first, the weather channels jen carfagno. Happy monday. A lot of rain head to get northeast on this monday. In fact, 138th annual white house lawn easter egg roll is going to get wet. Showers pushing on through. Could be thunderstorms to start the day. Thunderstorms in florida as well. Otherwise clearing up and warming up across the middle. Country. Kids in kansas city hunting easter eggs on the first snow theyve seen on easter since 1937. Now, we will see more snow in the forecast. Coming into the west. This is going to be the next weathermaker today brings snow to Higher Elevations in the west. Temperaturewise. The warmup that well feel in the middle. Country back to 50s in chicago 70s in dallas. Im meteorologist jen carfagno. Worldwide exchange continues after this. [engine revs] [engine revving] the allnew audi a4 is here. Welcome back to Worldwide Exchange. The calendar may say its spring, but retailers are already thinking about the summer months ahead. Courtney reagan looks at the issues facing the Retail Sector in the quarter to come. Retail Second Quarter conditions off in may and enpasses the beginning of summer. May is marketed by several big conferences for retail startups including shop talk and commerce. Traditional retailers are paying attention, too figuring it may be better to partner up rather than compete. Nordstroms and macys, watch for target to drum up black friday in july again this year. Prime day worked for amazon last year. And walmarts competing promotions garnered strong web traffic, too. So look for a repeat of those shopping holidays and adding the chance that other retailers will follow suit. Plus, analysts predict the trend of spreading out backtoschool spending will continue. Watch for retailers to compete with deals early and often. Data from our partners show from may to july over the last five years the retail etf is up 80 of the time with an average return of 1. 92 . Amazon, cvs health log the top performances. Lets move on to political news. Big wins over the weekend for Bernie Sanders but Hillary Clinton still leads in the delegate camp. Meanwhile, the republicans are gearing up for a town hall tomorrow. Nbcs tracie potts joins us live from washington. Hi, wilfred, sara. Good morning, everyone. We are watching wisconsin very closely as the next contest for both sides. Theyve got twice as many delegates to award democrats as republicans. But theres a reason why it could turn out to be an even bigger prize for the republicans. Reporter donald trump, ted cruz and john kasich answerer voters questions at a town hall in milwaukee tomorrow. Theyre vying for 42 delegates in wisconsin next week. Its winner take all. Like cruz, kasich is now backing off his pledge to support donald trump if trump wince the nomination. Were going to look at it every single day and well see what happens. Weve got a long way to go. I dont want to project that hes going to be the nominee. Reporter trump and cruz are still trading personal attacks. The latest with this tabloid story accusing cruz of extramarital affairs. This story is garbage. Its tabloid smear and it came from donald trump and its henchmen. For him to try and say that i had to do it is disgraceful. Bernie sanders is off the campaign trail after winning washington state, hawaii and alaska last weekend. Pressed on whether hed support Hillary Clinton as nominee. Its too early to talk about that. Right now, we have a lot of momentum. Reporter hes pushing to win the majority of wisconsins 96 democratic delegates answer wants to debate clinton in her home state, new york. Now in wisconsin tightening on average the recent polls, Hillary Clinton only has about a twopoint lead and so does donald trump. Tracie when we look at those democrat results over the weekend, should Hillary Clinton be worried . The margin for some of those victories for sanders was significant . Reporter they were, 70 , 80 , but they were expected. You didnt expect Hillary Clinton to be fighting for those states spending a lot of time in alaska or hawaii states. Those were states that they pretty much thought were going to go to Bernie Sanders. Wisconsin is going to