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shelves last week than the week before. >> when cnn pressed the white house on what federal agency had answers or who worried parents should call if they can't find baby formula, this was the white house response. >> we would certainly encourage any parent who has concerns about their child's health or well-being to call their doctor or pediatrician. >> peter pitts is joining us. good morning, sir, so nice to see you. we've seen recalls of formula before, but this is really a perfect storm because at the same time you already had a really tangled supply chain. tell us what is happeni...

Let's get a check on cnn business this friday morning. i'm smiling because it is friday, not because of what has been happening in the stock market. markets around the world, asian shares have closed the week higher with big gains and europe has opened up as well. a bounce here on wall street stock index futures also leaning up because yesterday felt like a victory because it was just a mixed day. when a mixed day feels like a victory. nasdaq up slightly, dow and s&p down slightly. the s&p 500 frankly is in the middle of its longest losing streak since 2011. damage report here. the s&p 500, th...