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Good buy into early end and maybe beyond. But lets start with todays rally. Joining our exchange today is jim kahn, sarge gilfoy, and Rick Santelli at the cme. Rick, im going to start with you if i may ahead of the fed meeting tomorrow weve got a bit of a stealth rally in the pound the pound. The dollar over the last week or so including a little bit today how many rate hikes over the next 13 months are priced in you know, i dont know that much of the dollar activity that were seeing today is necessarily predicated on what investors think about 2018 whether its two, three, some are saying four...

A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema m  infa for sara eisen. Good morning. Good morning to you great to have you with us lets get to the Global Market picture. Its an encouraging one. Yesterday, record closes note just for all three main indices that youre looking at, but for the russell, for thel transpor as well. The nasdaq up 0. 8 the s p and dow up about 0. 6 . The year for the w3ow thats roughly one every four trading sessions. E extraordinary statistics rp r yesterday. Utilities the worst. Could be another positive set of record closes. The dow hig...

Doesnt add up about this suddenly hot stock and why he says retail traders are making a horrendous mistake a bitcoin bust, sharp selling in the last hour, the cryptocurrency down 2,000, briefly below 17,000. You see our bug on our screen by coinbase we start with the tax cuts wall street has been waiting for, despite a slight delay, the house has to vote again. The nasdaq 100 the biggest decliner with amazon, facebook, netflix, and google all sinking. Will big tech be the loser when it comes to the seemingly imminent tax bill . Big tech, youve had a big run. Whether its microsoft, amazon, face...

Of a percentage point. The hang seng was up by 0. 4 shanghai composite was up 0. 4 in europe in some early trading that were seeing, we are looking at a mixed picture slight declines in germany and in france. The ftse is up by a quarter percentage point gains in italy and in spain as well finally crude oil prices, which were up by 50 cents yesterday, they have given back some of those gains. We are talk about crude oil below 58 a barrel a couple stories were watching, bombardier said it is confident u. S. International trade commission will reach the right conclusion in its dispute with boeing...

Passes a short term funding bill bitcoin is cratering this morning and its the final session before a threeday weekend. Look for news dumps, europe is mixed and durable and consumer income a slight miss more data come in an an hour bitcoin down for first week since 2013 as Goldman Sachs throws its hat into the crypto ring. Shutdown avoided in washington for now waiting for President Trump and go live to d. C. For the latest. Eric schmit stepping down for his role as executive chairman at alphabet. What that means for the company. Bitcoin is the lead today extending this weeks bearish run hitti...