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It is currently below where it is trading now . Well, it is affecting the direction of the market that wanted to point higher. When it relate s s to apple wit sitting at 89. 80, and make the short trade and go against the big Balance Sheet . I am not sure it is something that you want to do, and if you believe it is the right move, you have to hope it is getting to 80 and not going to be buying back the stocks. And on the longer term basis, i believe in apple and the story and the the vision and the ecosystem. The question then becomes is it the moment to buy it, and obviously, given the tape ...

Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen at worldwide headquarters. Im wilfred frost outside the house in london. We can hear it, we can see it. It is throw back thursday. Were throwing it back with Old School Songs changes in honor of your prime minster. Lets show you whats going on with the Global Market this is morning because that bullish momentum continues. Stocks closing at a record high. The dow and the s p yesterday. Didnt take much. We managed to do it in a big move higher in futures this morning. Check it out, dow futures up 1. 12. This would be the fifth...

Been pushing the stock markets to higher levels too. Its huchl nature, but you know you cant scott, you can confirm this for me. Youre on half time report and youre our market watcher. You have a bunch of smart guys, staide traders and stuff. You cant hit new highs unless youre very close to the high. Yes. If youre 2,000 points below the old high, you cant make thats awfully difficult. Is this your insight for the dwa . No, im trytology give it to the market people that come on whenever we get close to the old highs and say this isov overdon they get used to a tlad ugh range. When it breaks ou...

European markets also open sharply higher, Interest Rate announcement. Likely to cut rates for the first time in seven years. Ftse up three quarters of one percent. Cac quarante up unpercent. After selling off yesterday, look at this, oil bouncing back just a little bit. Well, eyes this morning on the bank of england which is expected to cut Interest Rates in seven years. Nicole to find out how superlow Interest Rates and british exit from the union affects jpmorgan. In politics dday for donald trump is almost here. Trump meeting with potential Vice President ial candidates saying he will anno...

George. That getaway could account for lighter traffic. This accident cleared from the traffic lanes but its the slowest traffic past the scene that we have seen all morning and the backup is building for the westbound ride coming into the altamont pass. No delays for 101, 280, 85 or the guadalupe parkway. And your trip to the bay bridge this morning is a light easy one. No metering lights yet. And less than a 20minute trip time for the carquinez bridge to the maze. The search continues today for a vallejo teenager after her alleged kidnapper was killed in a shootout with sheriffs deputies. Kp...