Exchange on cnbc from susan li, taylor swift and myself. Susan in for sara again today. Susan, lets get up to speed on the markets this morning. Basically we were basically flat. Nasdaq down, the other two indices slightly up. Now, they were below flat. Today week just above flat only ten points on the dow. Less than one point for the s p. The nasdaq is up a couple points essentially as i said we are flat in the premarket. Lets have a look at the bond market. The tenyear note this morning trading at 1. 70 . The main market were seeing that is the german bond which well be getting to in just a minute away. Also more on markets. First, breaking political news overnight, Hillary Clinton and donald trump taking victory laps. Nbc news projects that clinton will win a majority of pledged delegates following yesterdays final super tuesday of this election season. Thanks to you, weve reached a milestone. The first time the first time in our nations history that a woman will be a major partys nominee. But in a speech, just a few hours ago, rival Bernie Sanders pledging to continue the fight right to this summers Democratic Convention. I am pretty good in arithmetic, and i know that the fight in front of us is a very, very steep fight. But we will continue for fight for every vote and every delegate we can get. And well have much, much more on the days top political stories including Donald Trumps rare use of the teleprompter last night as he stepped up attacks on clinton. Wilfred, this is the fifth time hes used it and the first time on election night. More on that story and other news to come. Lets get back to markets in the meantime. The world bank cutting its Global Forecast from 2. 4 down from 2. 9 . It cites weak global trade and diminishing capital outflows. Theres been more Economic Data overnight. Chinese exports falling more than expected, helped back on weak demand with import surprise to the upside, the point note really on the data as a whole as it doesnt increase views of immediate downside but does show growth in recent months. Meantime in japan, the gdp was revised higher. As you can see in asia, basically mixed. A little softness in shanghai and hong kong. Japan enjoying a 1 bounce this morning. Lets look at european trade. Most notably in france and germany, do bear in mind we were particularly strong yesterday. The german tenyear bund hit its lowest point from 0. 04 . More importantly, the ecb has started to deliver on its quantity tiff easing program in buying Corporate Bonds. We dont know exactly which bonds those are well get views on that. A record low for the tenyear. As for the broader markets, oil at 50 a barrel. High for wti, the highest weve seen since going back to last year. Meantime, the u. S. Dollar, lets get a check on currencies, the dollar has been trading weaker as it looks like janet yellen and the Federal Reserve says for the rest of the summer not hiking Interest Rates. As you see against the yen, a bit of strength. The yen 1. 07 and change. The yen reacting to better than expected gdp rescissions that we saw for the First Quarter. And gold, with policy around the world. Gold trading at 1255 an ounce. Yahoo reportedly hiring an Investment Bank to sell its pallet te patents. In march, yahoo announced it would explore the sale of 1 to 3 billion of patents property and noncore assets. A new Research Report predicts the smartphone growth will only hit 7 this year. Gartner notes this is down significantly from a 14 growth that we saw in 2015. Among the reasons, slowing replacements, smartphone penetration, saturation as they call it, as hit now 90 . In addition, gartner analysts suggest the new model smartphones they arent changing enough that Consumers Want to upgrade them and buy them. Now to todays look, the job opening report or jolts not measured in the nonpayrolls such as job listings and the number of people quitting their jobs about their employment prospects. As earnings from brownforman, lululemon and restoration. Indias Prime Minister modi is on a visit to the u. S. He will be addressing congress at 11 00 a. M. Eastern time. Modi meeting with barack obama yesterday and attending an event with amazons ceo jeff bezos. Bezos announcing that his company would invest 3 billion in india. Bezos calls india amazons Fastest Growing region. In other news, ousted lendingclub ceo is reportedly looking at it as a takeover of the company. He left the online lender last month after a probe found the company falsified documentation when selling 22 million worth of loans to an investor. The stocks to watch. Dave busters is raising its fouryear guidance. The operator of restaurant and arcades said it did well, despite challenges affecting of its dining rivals. The chain is launching a 100 million stalk buyback. And Oxford Industries cutting its First Quarter forecasts. The maker retail brands such as tommy bahama and lily said it was with apparel. Verifone is cutting its outlook after weak results. The Payment Technology company says its launching a Strategic Review that will likely lead to job cuts. Verifone didnt give a time line but aims to save 30 million by 2017. Verint who makes compliance and Risk Software is reaffirming its guidance for the year. Down 1. 25 today. Shares of panasonic rising. Teslas ceo is working exclusively with the company to supply batteries for the military which goes into production next year. Duluth holding drop in extended trading, the maker of casual and work apparel. The sales fell 18 with an increase in website sales and attributes to its national ads and Digital Marketing efforts down 4. 5 this morning. When it comes to cars, bigger may actually be better. Shifting production plans. Landon dowdy joins us. Fiat, chrysler and ford are ramping up production of suvs and cutting back on smaller cars. Detroit which makes impact cars such as the ford focus will shut down for an additional five weeks this year. They planned the shut down in chance to the slow demand for the cars. We have about 42 of new vehicles chrysler has in the first four months of this year, compared to 21 in 2015. The government forecasts prices im sorry, the average is about 2. 27 a gallon. This summer, thats compared to 3. 60 in 2013. And to keep up with the trend, automakers are revving up production of suvs and trucks. Ford plans the larger vehicles will be shut down for one week versus the other two. And the ford f150 has been one of the bestselling vehicles. It may be the perfect car for to us take that road trip that we were talking about. I love how you say vehicle. I say it completely differently. I was thinking it might actually be good for you because it has the flatbed, wilf. Ill drive. I have a lead foot. Landon, thank you very much for that. Still to come, the great brexit debate. Uk Prime MinisterDavid Cameron and leader nigel on tv last night. The highlights and political implications coming up next. First, as you head to break, as you hear the music, the richal ghost busters opened. The film earned more than 500 million worldwide. A reboot will be released next month. Wearing powerful sunscreen . Yes neutrogena® ultra sheer. Unbeatable protection helps prevent early skin aging and skin cancer with a clean feel. The best for your skin. Ultra sheer®. Neutrogena®. In new york state, we believe tomorrow starts today. All across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. Like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. And in syracuse, where imagination is in production. Let us help grow your companys tomorrow today at business. Ny. Gov welcome back to Worldwide Exchange, if youre just waking up, lets get you up to speed on the market action. Yesterday, the dow briefly crossing to 18,000. Futures in the value, the dow jones culled higher by 15 points. The Energy Sector leading gains on wall street and globally, with crude at highest settlement above 50 a barrel. North seed crude, thats brent as they call it with some gains as well. Wilf. Susan, thank you. Ecb starts buying Corporate Bonds as the central bank tries to convince companies to barrow and spend. Mario draghi is looking to evade inflation in the eurozone. The record low this morning three bases points. The brexit vote fast approaching set for june 23rd. Last night, both sides came out swinging, Prime MinisterDavid Cameron, and uk Prime Minister with the debate. David cameron, uk Prime Minister, and the party leader battling it out over brexit. And the Prime Minister telling folks that britain was, quote, a fighter, not a quitter. Heres what really happens if we leave, of course, we still want to sell into that single market, so we still have to meet all of the rules and regulations that brussels lays down. But we wont be at the table. Well be like a company with our ear and face pressed up against the glass. I will say thats no way for the fifth Biggest Country to behave. We need to be in this organization fighting for british job us. Leaving is quitting, i dont think britain were quitters, i think were fighters. We fight for the organizes for what we think is right. Naggiigel farrage saying a b whatever to that. I think its done for, frankly. I think the eurozone isay catastrophe. Just look at what theyve done to greece and those mediterranean countries. The migrant crisis is now not just dividing countries but dividing within countries leading to a whole new brand of politics. The moneys run out. And yet at the same time, theyre saving up for the day after our referendum their an mou announcements about the projects. I want to us say well be good europeans, well trade ourselve. A happy europe will be a democratic europe with sovereign states and good neighbors. Now, some of the audience may have fallen asleep. Im not saying its an important issue, but it was quite late. However, not everybody fell asleep. There was a last minute surge in wouldbe voters seeking to register ahead. And it actually caused the government website to crash just an hour ahead of the deadline. So i can till that both sides were affected by the default that happened. But younger voters, of course, are more likely to register online. And these guys are going to want to remain in the eu than stay. This was a critical issue, perhaps the most exciting part last night. Wilfred, it wasnt even a debate. They were talking separately. I wants them to talk separately. Itv slightly twisted that by head lining it as a debate, didnt they . Overall, julia, the official vote leave, they were upset because they werent allowed to debate the Prime Minister and Nigel Farrage got in. Will vote leave or stay in be more happy with that debate last night . I think at times they both presented fair arguments but the problem with both of these sides theres been a lot of untruths, a lot of twisted facts and figures. I think port average voter, wilfred, either youre completely confounded by the two sides. For youre more educated perhaps you have a better understanding of what has in the implications youre a bit feathered. My theory is a lot of people are on the sidelines and still undecided even if they think that living in europe is the better idea. Wilfred, if i can ask you guys your opinion on this, its not a debate or argument. Kind of saying the same thing that the eu is say broken archaic system. I think thats David Camerons problem in trying to rally or remain momentum. Hes kind of saying yes, its broken and yes, a bad system, what choice do you have . Thats the point, if you go back a year and a half with the David Cameron speeches he was saying exactly the same thing in justifying this renegotiation in the first place. He has to chain his tune and post that discussion to go ahead with the referendum. It say tough one. I dont think anyone can deny that europe needs to change. There are fundamental problems with countries that use the euro and i think thats the big risk here. This refer reendum, i think tha the bigger question here for the markets and investors if uk Voters Decide to leave. Julia, great stuff. Thank you for joining us. Meanwhile, chancellor George Osborne jumping on evidence that investors are shifting on british assets. He said this is just a taste of things to come. This comes after banking statistics showed that 65 billion pounds were left to the uk or converted to our currencies in march and april. However, this data was focused merely to march with only 6 billion in april suggesting it was just a blip. There were also no uk deposits. Offsetting the 60 billion in sterling. 42 billion pound rise in foreign currency liabilities which may suggest the banks are simply hedging against a possible fall. Also reaction as well. The sixyear option on the 30year was the lowest in history. In the uk . In the uk and dropped 30 basis points in a month. That shows you how scared people are. Sterling is the main gauge. Coming up next, some more on Hillary Clintons historic night as she wraps up the democratic president ial nomination. Well take a look at whats in store for her. And her rival Bernie Sanders which isnt ready just yet to bow out. To politics, some big wins for Hillary Clinton putting her over the top once again this morning. She secures enough delegates to get the democratic nomination. Bernie sanders meantime will be heading to washington to sit down with president obama. Thats where we join tracie potts with the latest. Hi, a report is out in the New York Times that hes lowered half of his staff as he heads into washington to talk about the future of the Democratic Party and his campaign. Meantime, it is a big day for Hillary Clinton. Shes now closer to shattering that Glass Ceiling that she talked about cracking eight years ago. The first time in our nations history that a woman will be a major partys nominee. Hillary clinton declares victory after winning south dakota, new mexico, new jersey. And as of this morning, shes leading california. Shes earned a majority of pledged delegates now and enough delegates overall to clinch the nomination. But Bernie Sanders isnt giving up. We take our fight for social, economic, racial and Environmental Justice to philadelphia, pennsylvania. Reporter sanders won north dakota and montana. Today at sanders request, he meets with president obama at the white house to talk about where they go from here. In a statement, the president congratulated clinton for the nomination. To all of those Bernie Sanders voters who have been left out in the fold by a weak system of superdelegates, we welcome you with open arms. Reporter but republicans arent welcoming his comments on the federal judge trump calls unfair because of his mex san heritage. It prompted senator mark kirk to drop his endorsement. Actually, senator kirk said he thought those comments were racist and unamerican. And he is going to vote for a writein candidate come november. Hes urging others to do the same. Meantime, on capitol hill, bernie sand serioers is meeting harry reid. Hes focusing on the political debate than perhaps seeking the nomination. What do were think the mentality behind that is . Is he a plausible running mate for Hillary Clinton . You know, its a good question. It certainly would be helpful for clinton. The way its unfolded, a lot of clinton supporters say if it had been a sanders victory they would be willing to support him. Followers arent too er of keen on clinton. If shes able to bring him on as a running mate or get a huge endorsement that would be help for her in unifying the party which would be a big challenge. Tracie potts, thank you very much in washington. The roundup of the biggest market movers. Dont go anywhere. Youre watching cnbc. Good morning, breaking overnight, the World Bank Cuts its Global Growth forecast. Well tell you why straight ahead. New this morning, Hillary Clinton celebrates history becoming the first woman to win a major partys nomination. Her rival Bernie Sanders isnt backing down. Clothing optional. Not here. But a new restaurant in lovndon getting a lot of buzz. Well tell you why. Its wednesday, june 8th, 2016. Youre watching cnbc. A very good morning to you in a warm welcome to Worldwide Exchange on cnbc. Im wilfred frost alongside susan li in for sara. Good morguning. Lets talk about the world bank down from 2. 9 . The world bank citing sluggish growth and low Commodity Prices and weak global trade with englished capital flows as they downgraded their view on Global Growth by half a percent. A little slow to the party. With the growth in weeks and months. Lets get you up to speed with the markets. Nasdaq slightly d