Good morning a warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema mody in for sara eisen. Great to have you with us lets look in on the market picture. Another roller coaster ride yesterday. Two days ago we had a 1,000 point swing from low to high yesterday about a 500point swing on the dow we were down 130 at the open the session high was 381 points. We sold off into the close and finished basically flat for the dow. The s p was down 0. 5 . Nasdaq down about 1 the week to date results are down about 2. 5 , 3 , not that bad with the huge declines earlier in the week. The dow did lose 4 last week as well this morning its calmer were down, but only by 96 points the nasdaq is down 16. The s p down 12 points lets look at the treasury yield curve. We did see yields pick up yesterday. We were nicely above the 2. 8 level, 2. 84 were near that high of 2. 85 we touched late on friday it will be a big test for the markets to see if yields continue their rise, if we get more o
Corporate earnings rolling their and hope that catalonia may back off its bid for independence from spain. Trade you reach a having flat leading policies on change in south korea. The cost be easing tensions with china. And then there is this. I will march forward even if i have to do so alone. Lauren may be going it alone. Misconduct. Fbn am starts right now. Cheryl tuesday october 31st. Happy halloween. Good morning. Im cheryl casone. Lauren good morning. Im cheryl casone. A dressing of today. Cheryl youre looking at a. This is the outfit. Lawmakers and people in washington spook this morning. Breaking news. Paul manafort under house arrest this morning after being indicted along with business associate case. Calling the charges ridiculous. Today you see in a statement by the the office of special counsel using a theory. Six times since 1966 only resulted in one conviction. Trying to white house chief of staff john kelly waited on ingram last night. Everyone did anything to resumed i
Counsel Robert Muellers investigation. The pair pleaded not guilty to a dozen charges including Money Laundering, conspiracy against the United States. White house chief of staff john kelly said he was not worried following the indictment. Everyone is presumed innocent and staff is very comfortable. The vast majority of the staff would have nothing to do with this kind of thing, so there is no worry about it. We been saying since day one there is no evidence of trump Russia Coalition and nothing in the indictment today changes this at all. Maria Technology Takes executives from google, facebook and twitter set to testify over the thoughtful impact russia had on the election. The latest as they spoke once than 120 Million People may have been exposed to content backed by russia. Earnings of mostert among the top names. Aetna and pfizer earningspershare top expert patients. Take a look at those stocks over the last three up 11 as the deal was announced the cvs as well. In the u. S. , loo
Now says the document leaks have placed a renewed emphasis on fighting tax avoidance they could press forward with plans to make a blacklist of tax havens among the millions of documents evidence that some of the worlds richest individuals and businesses are doing whatever they can to hide their cash from the tax man the queen of england is there the rock star bono two american firms apple facebook and nike are also part of it. The massive Paradise Papers leak is a snapshot of global tax dodging in sixteen million documents most of them out of bermuda big names and Big Companies are caught once more in a controversy over their finances thats boosting those who want to end tax dodging in the u. K. Opposition leader Jeremy Corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture that the something clever about avoiding taxation taxation is what gives us ambulances gives us far attenders gives us safety
Out in a region were more than 1500 square kilometers of land has been ravaged. And a first for spain. The first serving Prime Minister in the country history to appear in court, taking the stand is a witness of a longrunning Corruption Case and will have warm wet our court and we will have more with our correspondent in which read. It is 1 00 in paris and madrid and hotter news from japan. Stephen will tell us why kitty cat the savvy flavored kit kat is creating jobs. This is live from paris. Thank you for joining us. Our top stories, paying tribute to a french priest who was murdered exactly one year ago today by two young frenchman claiming allegiance to the Islamic State group. The 18 five euro father was celebrating mass when the pair broke the 85yearold father was celebrating mass when the pair broke in print a delegation of french muslims were among the dignitaries. These two murderers wanted to exacerbate the fears of the french people who had already been scarred by the july 1