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Transcripts For CNBC Worldwide Exchange 20160909

Right now. A very good morning and warm welcome on cnbc. Im wilfred frost along with morgan in for sara. Welcome morgan. Good morning and thank you for having me. Im excited to be here. Its my first time and im really excited to be your copilot early hour. Great to have you with us. Very good morning. Happy friday. Lets get straight to the market action. We were a little soft yesterday. A quarter of a percent down. The nasdaq a little softer still around. 50 declines. Were expected to go into a Third Session in a row of declines today. You can see now the dow called lower 30 points. The s p 500. The nasdaq by around 12 points. Yesterday energy over took telcos as the best performing sector year to date as wti rallied 4 . In general, though, it was a theme of taking money off the table. The ecb failed to deliver with sufficient dovish action or rhetoric. Either way we didnt get what we expected. Markets lost a little bit of steam. A ....

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