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The transports to record highs again today. Plus the grocery wars are heating up again. This time walmart is making a newing a b decision to go after amaz amazon very interesting a lot of people in new york city are very excited about it. Well explain coming up in a little bit. Good for brooklyn. We start with our top story right now, executives from two scandalridden companies have been meeting facetoface with lawmakers on capitol hill today. Cnbc cnbcs wilfred frost has the highlights of the wells fargo hearing, about millions of unauthorized accounts opened by that company and aditi roy has the latest on the exequifaxs ceo, the attack that compromised the data after more than 145 million milliamericans. Aditi, start us off. Reporter former equifax ceo Richard Smith was grilled for close to three hours by about two dozen lawmakers. As he headed out of the hearing, i asked him about the breach he remained tight lipped eped a walke ....
A warm welcome to you. This is Worldwide Exchange on cnbc im wilfred frost. Sa sara is off today. Lets get to the Global Market picture. Losses yesterday the dow was down 0. 2 . The s p down 0. 4 the nasdaq the laggard down about 0. 6 it was a broad selloff 10 out of 11 sectors were down te telecos were the worst sector. But we had had six straight gains for the dow and s p, and decent gains last week for all three indices. This morning were pointing higher just under a tenth of a percent for the nasdaq and s p the dow up 0. 2 this morning we saw yields get close to 2. 4 the back end of last week, but we slipped back a bit. Rising a fraction. Still not above 2. 4, but 2. 39 you can see that pick up in yields weve seen over the course of october. Lets look at asian equities japan was the stand out performer yesterday after shinzo abes resounding election victory. Today up a ....
Good morning and a very warm welcome to Worldwide Exchange. Lets get straight to the Global Markets the this morning futures pointing higher as you can see behind me. This nothing too significant at this hour, but a nice jump for the dow there. 40 points or so. Only a point or so of gains for the s p 500 and the nasdaq it comes off a day of gains, but very, very slight indeed for the dow and the s p. The nasdaq led the charge, but it itself was only. 3 higher or so tenyear treasury note for you that has seen yields continue to slip over past the past day or so were up again a little bit today. Yesterday we hit lows of 2. 31 on the ten year. Asian equities, well have a live report from seoul on what President Trumps visit there is doing, but today, were seeing a rally and things like the nikkei, because of a stronger ....
The ashes . That is what you did in virginia and new jersey. And your guy your guy going to politics who is my guy . Deblasio. My guy. 60 youre a new yorker hes your mayor hes my mayor hes my mayor. Thats my mayor. And he we had him on the show before ive also had commentary that has not always been positive about some of the things he said i know. I know youve been critical you have not been positive of deblasio, im just yanking your chain. So the prospects for tax reform what do we think i think it gets more complicated. Is this a picture of the future . Is this something they can look at a year from today and say election day all over again if we dont have something passed potentially in all fairness im glad you guys got it. Its nice once in a while. You were off a low base. A lot of state legislatures and governors. You are talking about the democrats having a good day for the first time in a long time. Youre looking at the democrat over there . That democrat . Its been a long time ....
On cnbc. Im sara eisen im dominic chu in for wilfred frost this morning sara, i never heard this song before. Thats because its new music friday this is not new either i dont know escalating tensions between the u. S. And north korea remaining front and center for Global Markets a big selloff on wall street yesterday. It was the worst day for a lot of stocks since back in may. Dow futures are pointing higher, perhaps some stability in todays session. This comes after three backtoback losses for the major averages in what is a pullback officially. Dow futures flat s p down 3. 5 nasdaq fought chorutures down 2. The tech sector has been a big winner this year thats receiving some of the biggest moves down it maybe makes sense that the stocks that have had the bigger runs higher are selling off the most during the course of the last three days. We made such a big deal that we saw ten straight sessions up for the dow, then its three in ....