Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Its throwback thursday. This week were throwing it back from songs from our first ever cds. This is yours . Mine. Early 80s, madonna by madonna. Lucky star wasnt on it. It was on a later one. You were buying cds when you were three or four . My parents would buy cds. I grew up in a music household. I guess there were cassettes before cds. I have a bit of both. Even this or ace of bass. And i love ma ddonna. Cant wait for yours. Hard to compare me to the person i picked. Well get to that at some point and from the rest of our production team. Lets look at futures. We are called higher by a decent margin. The dow up by 76 points. The nasdaq by 18. The s p by 7 points. The s p hit a record close again yesterday. Did only gain about 0. 25 . The dow and nasdaq were a bit stronger than that. All in all another day of muted gains. The fifth day in a row of muted gapes, so
And thank our Vice President for being here. Ivanka jump,mp, thank you for being here. Trump, thank you for being here. Good afternoon, it is an honor to be with you, men and women of Law Enforcement as well as two fantastic state attorneys general who are always proud to stand on the side of Law Enforcement officers, pam bondi and leslie ratcliff. I want to thank also chuck theerbury, president of fraternal order of police and sheriff greg champagne, president of the national shares association. The fraternal order of sheriffs as. Appreciate you being here. Two great champions of Law Enforcement. Are here today to ran firm reaffirm our unbreakable support for american heroes, to keep our streets, homes, and street safe. We will always support the incredible men and women of Law Enforcement. I can speak very strongly for myself and for mike pence, our Vice President. We are behind you 100 . Every single day, americas Law Enforcement officers, firefighters, First Responders and their fa
And thank our Vice President for being here. Ivanka jump,mp, thank you for being here. Trump, thank you for being here. Good afternoon, it is an honor to be with you, men and women of Law Enforcement as well as two fantastic state attorneys general who are always proud to stand on the side of Law Enforcement officers, pam bondi and leslie ratcliff. I want to thank also chuck theerbury, president of fraternal order of police and sheriff greg champagne, president of the national shares association. The fraternal order of sheriffs as. Appreciate you being here. Two great champions of Law Enforcement. Are here today to ran firm reaffirm our unbreakable support for american heroes, to keep our streets, homes, and street safe. We will always support the incredible men and women of Law Enforcement. I can speak very strongly for myself and for mike pence, our Vice President. We are behind you 100 . Every single day, americas Law Enforcement officers, firefighters, First Responders and their fa
10month high. Mashlgts are chasing histories this morning. Dows within 79 points of an alltime intraday high, jim, looks like we might get it closer to the open than some thought. Its interesting. Its the makeup. The makeup is extraordinary. It is completely trumprelated. This expansion in the banks is not just because of regulation, but its also because of Interest Rates going higher but also because people feel loan growth is going to be better, people feel lower taxes. So that group is a leader. That group has been when that group leads, carl, thats a freight train. Its always been a freight train. One remembers the 9192 come out of recession led by the banks, led by bank of america, what you saw there was a juggernaut. And those who said, hey, that cant last. Well, theyre not in the business anymore. Everyones weighing in. Icahn with wapner yesterday. Donald trump this morning saying he sold all his gold. Hes long the dollar. Long materials, short u. S. Bonds, short italian bonds.
But the hang seng and kospi reopened after the Lunar New Year holiday. South korea down 3 . Shanghai remains closed until the end of the week. Meanwhile, the dollar falling below 112 yen for the First Time Since late 2014. The level of the dollar and the spread between Interest Rates, the did you see the ten year . Its 162. Hard to believe that we are back there. Its sliding by tremendous amounts, by the day. I mean, it was at, i dont know, its like ten basis points lower today than it was yesterday on this prospect of negative rates. Do you really think that she was going to satisfy on the markets yesterday . No. Going into it she was never going to get what people fully wanted. No way. There were some people who wanted her to completely capitulate and walk back from the move in december. Not only did she not do that, she said we have no plans to cut rates again. But theres also nothing that she could have said to asewage the market. She could have said well do more qe and the market