I am Courtney Reagan. It is your birthday and sara eisens birthday. Bill griffins as well. Thats cool what a day, august 7th shes doing closing bell later with bill. Wonder if we get cake lets get to the Global Market action futures pointing higher at this hour another week of gains for the dow. Last week up a third percent friday taking it to 1. 2 higher for the week nine straight sessions of gains in a row for the dow last week goldman, sachs had the biggest impact, best returning sector in the s p 500. Only had small gains and nasdaq was lower for the week this morning, pointing at slight gains. 23 points for the dow. Ten year fresh renote, not much ending at 2. 6 2. 27 on the ten year treasury note more on markets in a moment. First, getting reaction from the white house. New economic sanctions against north korea. Tracy potts is live with that from washington. Reporter good morning. Reaction from north korea saying theyll take righteous action against what they think is infringement on their sovereignty, new United Nations sanctions. This morning, Rex Tillerson at this asian conference is talking about what it is going to take listen to Rex Tillerson talking about the north Korean Nuclear program and what it will take to start negotiations. With respect to north Korean Missile launches, well know it when we see it were not going to give someone a specific number of days or weeks, this is really about the spirit of these talks. They can demonstrate theyre ready to sit with a spirit of finding a way forward in these talks by no longer conducting missile tests. So this is not give me 30 days and were ready to talk, it is not that simple. He has been meeting with south korea and japan, he said there was some progress. He briefed them on u. S. Efforts to urge africa and asia and other nations not to use labor from north korea as an inducement to get them to stop missile tests. Meantime, lots of talk about sanctions that could take a big chunk, about a billion dollars, out of exports take about a billion dollars out of north koreas exports President Trump, look at this tweet. President trump on a working vacation has also been on the phone with south korean president. He says south korea is happy and impressed with sanctions imposed by the United Nations by all countries, including china thats significant and thats the direction they want to move forward wilfred, courtney, a lot of talk at the conference what to do about north korea. North korea seems undeterred. Thank you very much the chinese as you say voting with the u. N see if that has effect moving forward. Tracie potts in washington. See what it means for asian equity markets for the most part, positive open mixed for a couple of smaller markets. You can see japan, shanghai up a half percent we are higher across the board apart from germany take a check of broader markets. Look at Oil Prices Oil prices sitting below 50 a barrel now below 49 by one penny for wti, down by 1. 2 . We were around nine week highs an hour or so ago. Not as close as we were then if you look at brent, below 52 for brent. Officials from joint opec and nonopec committee is meeting today and tomorrow to discuss ways to boost compliance with Production Cuts. Look at whats going on with the dollar holding on to fridays gains we saw after the jobs report. You can see it will cost a dollar and almost 18 cents to buy a euro dollar is slightly stronger against the yen and pound is stronger against the dollar. Check in on bit coin price, given was the crip tow currency is doing alltime high, surpassing 50 billion in market cap. More than tripled. This is less than a week after the new version infused cash into the market. Turning to this weeks wall street agenda, look for Consumer Credit numbers at 3 00 p. M. Eastern. Wednesday, first look at Second Quarter productivity, labor costs. And jobless claims and ppi about 35 companies in s p 500 report results this week, retail and media are in the center ground. Names to watch, cbs, michael course, kohls, macys. Softbank shares higher landon dowdy joins us. Good morning. Softbank topping estimates for the quarter. The japanese conglomerate says profits rose more than 50 after they included vision fund as new reportable segment thats the Worlds Largest private equity fund, one of many areas that softbank founders son has his hand in. Has stakes in sprint, allalibab. Theyre big on Ridesharing Companies with investments, but as cnbc first reported friday, softbank is not in investing in uber one source telling cnbc talks dead in the water following abrupt departure of Ceo Travis Kalanick shares of softbank are up about 2. 3 in early trading. Back to you. Thank you very much for that. Could be looking to make a come back. Information reports the former ceo asked former colleagues if they would support him in a shareholder battle mr. Kalanick, still waiting to hear who his replacement might be. In other tech news, google executives responding to 3300 word antidiversity manifesto written by one of the employees. It attributed gender and equality to biological differences. The engineer suggested google doesnt have more female engineers because men have a higher drive for status. The unnamed employee argued the left bias created a politically correct mono culture, would prevent honest discussion of the issue. The new diversity Vice President is fighting back saying comments advance incorrect assumptions about gender a lot to unpack there. Wow. Exactly see if that share price hasnt done it yet. Stocks to watch. Rockwell collins jumped friday after reports said United Technologies made an offer to buy the company. Rockwell is reviewing the bid, no certainty it will engage in talks with united tech and expandings the kidney dialysis business. Paying 30 a share which makes products to treat kidney failure. Toshiba shares jumping, the auditor will sign off on results on when they should have recorded losses from westinghouse unit. That could reduce chances they are delisted from Tokyo Stock Exchange up 5 today. More stocks. Berkshire hathaway profits were hurt by lower investment gainsance loss of the insurance underwriting business. Grows 6 in the first half of the year shares of Delta Airlines look attractive after 10 pull back it is an aggressive plan to return cash to shareholders. Delta could rise 35 in the next year or two. Not moving shares, this morning shares are unchanged and Voya Financial is poised to raise 30 barrons says the Investment Business is growing, those shares unchanged. The company that runs much of the uk tv and mobile infrastructure may be going public the company carried the First Television broadcast in 1936 it works with british broadcasters, mobile operators, independent radio groups it could be worth more than 7 billion. The brexit divorce bill. Denying reports the uk will pay 40 billion pounds to leave the eu details coming up. Heres european trade this morning. Germany down after weak prodti da. Ckn cole of minutes. We check our phones 85 times a day. So it only made sense to create a network that keeps up. Introducing xfinity mobile. It combines americas largest, most reliable 4g lte with the most wifi hotspots nationwide. Saving you money wherever you check your phone. Yeah, even there. See how much you can save when you choose by the gig or unlimited. Call, or go to xfinitymobile. Com. Xfinity mobile. Its a new kind of network designed to save you money. Welcome back to Worldwide Exchange. If youre just waking up, get you up to speed on Market Action this morning futures are indicated ever so slightly higher if markets were to open now. This is a strong week for u. S. Markets. Friday, dow was up 67 points we continue to log in ninth positive session on track to do the same today, at least if we were to open now. We have a number of hours left to go. Quick check on the price of oil. Oil prices are lower by more than a percent, 49 a barrel for wti. Officials are meeting from opec and nonopec in abu dhabi to discuss ways to boost compliance with the Production Cut across the opec countries, so as a result as of now, we see oil prices lower. Uk government playing down reports it is willing to pay 47 billion to the eu to settle brexit divorce bill. Those reports surfaced over the weekend in the sunday telegraph. Bring in robert wright, correspondent in the financial times. If this was true, the government backtracked today, it would be a large admission from the government that theyre going to have to cough up more, yield more ground than previously expected the point is most people know that at some point, uk government is going to have to pay a divorce bill, the uk government has substantial obligations to the European Union, and it is going to have to pay some money at some point. The question is how much money is that going to be. I think most people would think given sums of money being talked about, being as high as 100 billion youeuros, this is not big a sum of money. Is this enough to play indicate desires of eu negotiators . What is clear is this is not the way the European Union thinks this negotiation is going to work. European union wants to have progress on the divorce bill, and according to the article, they see this as settling. The real message is that were still in a point of dialogue two sides dont really understand each other yet. Just sum up the state of the British Government at the moment, the Prime Minister theresa may, left it in the hands of chancellor Philip Hammond when she was gone. Is that the balance of power in the cabinet, whats expected in terms of her length of tenure . I think probably most people still expect the Prime Minister would manage to stay in office for the foreseeable future what we have seen since she is away on holiday, a real offensive from people that want to make, trying to put in place transitional arrangements, trying to smooth things. Some think they can potentially smooth that Brexit Process so we dont have damage to the uk economy in march, 2019 when the country is due to leave the European Union the chancellor said he wants the process to be so you wont notice one day to the next that the uk has left. Obviously there are some people deeply opposed to that thats the debate at the moment on the uk side. Robert, thank you for joining us in other International Political news, leader of germany lower sacks kneeregion dismissing report he softened a speech critical of volkswagon emissions scandal at the automatics request. He owns 20 of the company under german law he is criticized for too cozy a relationship with volkswagon he is already facing unexpected election after defection of a coalition to Angela Merkels conservatives. Antigovernment fighters that attacked an army base will get, quote, the maximum penalty. Nicolas maduro says troops killed two of 20 intruders that slipped into the base early on yesterday. The attack came as the Constitutional Assembly was getting to work, signaling last week it would target maduros enemies. They voted saturday to remove the outspoken chief prosecutor things are volatile in venezuela. Foxconn, which state to be home to a new manufacturing facility. Heres the weather forecast. Good morning, flash flood watches out this monday morning, it will be a tough go of it here, especially by later this afternoon. Areas like new york city, philadelphia, washington, d. C. Youll all be under the gun later for heavy rain that could cause areas of flooding. Watch for the evening commute later today. 5 million at risk for Severe Weather this afternoon that Severe Weather risk extends down through central virginia. Get ready for severe storms and potential for isolated tornadoes. Thats the binusess travelers forecast more Worldwide Exchange when we come back good morning welcome back to Worldwide Exchange. Look at what futures are doing this is a positive week for the dow, negative week for the nasdaq s p was in positive territory. Banks the best performing sector goldman, sachs best performing sacks within the dow nine straight positive sessions for the dow. Might be ten future up for the dow. Lets look at currency board saw a big jump on the dollar friday up 0. 7 . That was off the back of strong jobs report, and bit of correction from extreme dollar weakness in recent weeks this morning back to the weak train. Dollar slightly higher against the yen but softer against the pound. Oil prices were slightly negative last week in the last month have been largely positive wti soft, down 1. 2 . In and around 49. Much more encouraging than a few weeks ago. Foxconn making no bet on america. South China Morning post says theyll open a facility in michigan focused on Autonomous Vehicles no details of the investment amount were provided theyll open a 10 billion manufacturing plant in wisconsin. Worth noting michigan and wisconsin flipped for President Trump in the 2016 election. General motors recalling 800,000 pickup trucks for a steering defect. The problem can potentially cause drivers to lose control of the vehicle. It impacts certain 2014 silverados and gmc pickups workers at nissan plant in mississippi have overwhelmingly rejected a bid to unionize the move a blow to United Auto Workers union which has never been able to fully organize in the south. The uaw lack of influence in the south reduced Bargaining Power when detroit automakers lose market share and close plants. Now to sports. A mystery Chinese Investor is interested in buying a stake in manchester united. They were approached to gauge interest in selling out. The family owns 80 of it, sources say the family is not interested in selling the team outright Chinese Investors bought several clubs and invested extraordinary amounts in the chinese interesting, they tried to get it in asia and london, valuation was deemed too rich. Crucial moment it was make or break going well for them. They made a lot of money the dark tower came out on top of the weekend box office. The sony movie adapted from series of stephen king books debuted with estimated 19. 5 million. That was roughly in line with forecasts. It received poor reviews i luike the look of it still to come, round up Market Action and todays top trending stories why next generation apple watch could have you feeling like a spy. Youre watching Worldwide Exchange. I love you, couch. You give us comfort. And we give you bare feet, backsweat, and gordos. Everything. I love you, but sometimes you stink. Soft surfaces trap odors. Febreze fabric refresher cleans them away for good. Because the things you love the most can stink. And plug in febreze to keep your whole room fresh for up to 45 days. Breathe happy with febreze. Stocks pointing higher investors gear up for a new trading week what you need to watch. And secretary of state doubling down. Gone viral. Russian president Vladimir Putins latest fishing trip leaves little to the imagination. Youre watching Worldwide Exchange on cnbc. Good morning i am wilfred frost. And i am Courtney Reagan in for sara eisen it is both your birthdays. Happy birthday to sarah and bill lets check on whats happening going on around the world. Starting in the United States with futures they are higher but slightly so for three major indexes. A strong week for the dow, logging nine straight positive closes goldman, sachs contributing the most gains up almost a percent, whats going on with the tenure 2. 28, for the yield. Equities higher off the news of sanctions on north korea. Maybe having a positive effect of it. European trade is slightly positive across the board. Weak Industrial Production data, expected to be just slightly positive in fact down a percent germany in red, the rest in green. Ftse up 2 last week. Start with the wti those prices are under pressure this morning, down by 1. 2 below 49 a barrel by a hair they were supportive of prices moved away from that theres a meeting today and tomorrow in abu dhabi with opec, nonopec members about Production Cuts, how to get greater compliance you can see that brent crude is below 52 a barrel. Take a look whats going on with the dollar the dollar is holding on to friday gains on the back of the jobs report, halting the downward trend for the dollar. Youll see the euro is stronger against the dollar cost 1. 18 to buy a euro. Holding on tighter against the dollar at 1. 30 whats going on with the price of gold, gold prices down for the third negative session in a row, losing ever so slightly today at 1263 and change for the price of the precious metal. Breaking overnight, secretary of state Rex Tillerson doubling down on north korea speaking at a