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Transcripts For CNBC Worldwide Exchange 20171109

Im wilfred frost. Lets get straight to the market picture. Some record closes, but slight gains yesterday. We are seeing slight pullback in terms of that tone this morning. Down about 38 points for the dow. Nasdaq down 8. S p down about 4 points. Week to date we are showing slight gains for these three main indices that hides another story that people are pointing to, the small cap decline. Lets look at that very quickly. Week to date, bouncing back a bit, but that decoupling from the big cap stocks has garnered attention. People suggesting does that show weakness in the economy to come . I think its different from that its fears of tax reform slipping, and we know those small caps are geared to that. To paint that picture further, lets look at banks. Banks are also geared towards the tax reform they have slipped over the course of the week banks performance coming up now. Bank of america has slipped during the course of the week. Similar decline as we saw in the small caps extrapolati

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Nissan to expand research partnership with Tsinghua University to bolster presence in China

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