Good friday morning. A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema mody in for sara eisen. Happy friday to you. I was going to say the same to you took the words out of your mouth. Happy friday to everyone watching lets look at the Global Market picture. We were essentially flat for the week coming into today for the dow and s p. Higher by about 1. 3 for the nasdaq ahead of todays trade. Futures pointing to a modest positive open. 30 points, just shy of that for the dow. 13 for the nasdaq, 13. P for t3 nasdaq an energy led story, the sector down 3 for this week. It is the worst performing sector, 9 out of 11 sectors have been in negative territory the week to date average return has been propped up by the tech sector the nasdaq the outperformer of the three indices. Oil prices have been front and center all week. Slightly higher today by a half percent. Slightly higher by half a percent yesterday. As things stand now well look at about a 4 decline for the wee
If you check out crude oil, which is probably the biggest market story weve been watching for a week or so crude Oil Yesterday was up slightly to 42. 74. This morning up to 42. 84 youre still talking about wti below 43 a barrel. Americas 34 largest banks did well in the stress test. The results show even during a large recession large banks would be well capitalized and could support homes and businesses when times are tough. The second part of the stress test will be released next wednesday. There are talks about whether things might have loosened up a bit with the fed. Doug parker says he is not happy with Qatar Airlines plan to buy a 10 stake in the company. Parker telling phil lebeau he found out about it yesterday parker telling cnbcs phil lebeau he found yesterdays offer confusing, adding why an airline were aggressively fighting would want to take a stake makes no sense he wonders if the motivations were misguided and ill conceived. They have been fighting over policy in washing
Youll see how the european markets faired i had them mostly in the red. A wet blanket this week. Hasnt been a great week for your markets after what has been a very Strong Performance over the week. Its actually been up quite a bit. It has. Ten year note yield you ask and we can answer with 2. 15. Now were 2. 165. Theres a look at wti up 9 cents and bitcoin is 2,682. Were you reading my mind about my bitcoin segment no, i wasnt. I figured id throw that in there. Thats incredible. Were like an old married couple lets get to our road map and it starts with Health Care Related stocks they have been soaring Senate Republicans moving ahead with that obamacare replacement plan plus puzzling. That is how Ceo Doug Parker sees a plan to invest in American Airlines and mondelez ceo told jim why she is not afraid of an amazon whole foods deal. She is tough as nails. Shes one tough lady. Lets start with Health Care Stocks on pace for the best week of the year of course yesterday we saw a significa
Good morning welcome to squawk alley. Joining me this morning, sarah eisen and mike santoli and the the senates new Health Care Plan in a joint statement, rand paul, ted cruz, mike lee and lee johnson say it doesnt do enough to repeal obamacare. Republicans can only afford two no votes the aarp, American Hospital association and others have also come out against this bill health care stocks, though, surging following the drafts release. Theyre on pace for the best week of the year maybe some profit taking today but still, more than 3 for the group overall. Walter, whats your prediction how does the next week unfold when it comes to health care on capitol hill well, i think that senator mcconnell is a very savvy operator i think he wins either way if he can pull this off and have a vote and have it succeed, thats fine. If not, he gets to move on to what i think he would consider or i would consider the more important parts of the agenda right now which is tax reform and infrastructure a
Fbi investigated the alleged communication. Were on it for you. Plus four republican senators say they can not support the bill in it is current form, the Health Care Bill that is, here is the thing. No bill you know will ever be perfect. No bill can possibly undo the damage down by obamacare to the health care and an our health care system. It is only getting worse. Will republican lawmakers work out their differences . Well talk about it. President trump expressing serious concerns over the makeup of special counsel Robert Muellers team. Here on the Intelligence Report weve been saying this all along. Weve been raising concerns. Ive been concerned. I dont know why mueller cant go out to find impartial people for this investigation . Do you need to have a guy who is buddies with james comey . Does he need a team that basically has a bunch of people that have donated to democratic campaigns and Hillary Clinton supporters . Well talk about all of this. First i want to go to adam shapiro