the crew just said happy hump day. happy hump day, everyone. sorry. sorry. let s get started with five things to know for this wednesday, may 17th. north carolina republicans overriding the governor s veto and ban ago borgsz after 12 weeks. this deciding vote cast by a former democratic a former democratic state representative who actually campaigned on abortion rights before switching parties last month. also in washington, the white house and house speaker kevin mccarthy are both tout something on the debt ceiling talks mccarthy is warning that they re both far apart as president biden is cutting down a trip abroad. and an illinois girl missing for suchl ye six years in north carolina. an employee at a store recognized the now 15-year-old and called the police. the gurirl is safe this morning and her mother was arrested. the secret service is investigating how an intruder made his way into jake sullivan s home despite being under 24/7 secret service protection. he w
Looking quite strong, up over 1 this morning same thing with the shanghai composite. Then european equities right now are also in the green. The cac ass off, ftses off i spoke too soon i looked at the ftse beforehand. The ftse is up, the dax is up. Everything else is down just marginally well, here are the big stories were watching for you today. We are continuing to follow a developing story out of Southern California new evacuations have been ordered as a string of massive wildfires continue to grow the thomas fire, the biggest in the area, still on the move. Officials say the blaze is just 10 contained. Its already burned more than 360 square miles of land we will continue to follow this developing story, bring you any updates and developments as we get them. On this weeks economic agenda, tomorrow, look for the november Producer Price index. The fed also kicks off a twoday meeting. On wednesday well get cpi as well as the fed decision this latest Economic Forecast and Janet Yellens
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost you wore the right color today for halloween. Its coming off more orange but it looks red we could have dressed up like everybody else not quite the thing to do at 5 00 a. M lets get to the markets. After tremendous month were capping off for u. S. Stocks especially the dow well go over some of the month to date figures. We will end on a strong note dow futures up 21 points in the early session. S p futures up 1 nasdaq futures up 11 after we saw a pull back in yesterdays session. But it has been a tech fueled rally on the back of some stellar earnings the dow up 4 for the month. S p up 2 tech sector having its best month in years as for the tenyear treasury note yield yields have lifted throughout the month. Its been a story of stronger dollar and better yields theyre backing off this morning. 2. 36 so back below 2. 40 on the tenyear yield they moved a lot yesterday on talk that the tax reform policy co
The lowest since october of 15. The road map begins with a rough week for retail. Nordstrom and penney are down this morning. Nbcs lester holt sat down with President Trump and well bring you the highlights on russia and more and plus the tweet storm this morning, threatening former fbi director comey. Apple is taking aim at another all time high today and two analysts raising the price target. First up though, Government Data showing retail sales up 0. 4 in april. The strongest gain in four months and nordstrom beat on revenue and comps are down 0. 8. Penneys swinging to the surprise profit, but Revenue Misses on a 3. 5 decline in comps. Jc penney is going to give its all time low run for the money today. What can i say . Minus 3. 5 comps. They did talk about how march and april improved from february. Now, kohls said the same thing. There was a lot of etf selling yesterday. Really came off of macys. Ebitda, here 40 million down from 176 last year. Theres no growth and its really hard
That. Another look at the futures, you heard becky talk about them. Were looking up this morning. Of course, european markets you ask, well, we answer. With a generally positive in fact entirely positive, thanks for italy and spain, guys. Appreciate that as always. Ten year note yield hanging in around the 2, 2. 22 a lot of twos this morning. You see crude oilwell below the 50 a barrel. There are reports that the president will pull out of the paris climate agreement. What it means for business and geopolitics. And trying to clear up what America First means saying were asking at will of our partners. Well take a look at the message from the administration. And its the last trading day of may. Should investors expect a june swoon . June has been a rocky month for the markets. Well break down the winners and losers. First though, President Trump apparently planning to pull the United States out of the paris climate agreement. This is according to a number of reports this morning. Puttin