Point. The nasdaq up by 3 1 2. Much of the rally in stocks was pushed by that surge in crude that joe was talking about. Wti topping the 40 level for the First Time Since december. This morning, it is still above 40. Its down by about 4 cents. Brent is up at 41. 39. Lets tell you some of the big stories were watching this morning. A trio of fed officials are going to be speaking today. New york fed president bill dudley. Also, boston fed president and the st. Louis fed president. Bullards speech centers around the economy. Well see what all three gentlemen have to say. Also, transcanada buying Columbia Pipeline Group for 25. 50 per share. Thats in cash. About 10 billion total. The deal would create one of north americas largest regulated natural Gas Transmission businesses. Also, trump is getting targeted. The Hacking Group anonymous is posting what they say is trumps phone number, home address, and email address. What can you do with all that information these days. Who knows. I have
Worldwide exchange begins right now. A very good morning, and a warm welcome to Worldwide Exchange on cnbc. Im wilfred frost, joined society by seema mody sitting in for sara eisen. Excited to be here. Lets get to u. S. Futures, of course following last week six weeks out of seven, s p and the dow finishing at their highest point for the year thus far. Theyre expected to extend the gains but only b 3 points dow b nasdaq by 12. Lets have a look at the u. S. Tenyears. Quite a bit of movement on friday as that nfp number came out 1. 6 . Much higher than the low. Its highlighting the level of input that janet yellen and the fed has had on the recent equity market rally. Absolutely. That u. S. Jobs report impacting Global Market sentiment as well. If you take a look at european markets this morning, a mixed day of trade thats slightly higher coming off the lows of the session. German dax,. 3 . Telecom is the worst performing sector in europe this morning. If you take a look at asia, japanes
Than the ipad. And about 48 hours to go until cnbc hosts the next republican president ial debate live in colorado. Where do the candidates stand on the legalization of marijuana . And what does the booming industry want to hear from them . Well speak with the ceo of one of the biggest pot dispensaries in the nation. We do begin though with the crisis engulfing one of the Biggest Pharmaceutical Companies around. Yes, were talking about valeant and top brass is meteding with analysts today to discuss its about practices after questions were raised by a short selling Research Firm. The stock recovering from big losses earlier. Its only down by half a percent. Lets get more with meg terrell with the latest. It was really valeants moment of truth this morning. Feedback from analysts at least initially has been cautiously positive. The stock recovering from being down 14 premarket to actually briefly turning green today after the Conference Call, now just down a little less than 1 . The mai
After three days of losses, a strong day for stocks after fresh data this morning. Well find out where we go from here. Apple suddenly vulnerable. Bending iphones, Software Update gone awry. Will the stock continue its slide . Another day, another ipo, another one with blackstone. Well have the first trade for travelport after the company priced at the high end of expected range last night. As we bid adieu too jeter, we say hello to Steve Ballmer on microsofts new ceo and clippers. Durable goods fell last month, biggest drop on record and reversing an aircraftdriven surge in july. Strip out transportation, august orders rose 0. 7. Jobless claims rose less than expected last week. Data coming one day after the stock rally that ended three days of losses. We are getting a little chop as cramer might say in what is historically not a great week for the markets. When you think about some of the leading indicators, russell 2000, high yield etfs, all those are seeing outflows. Those have bee