Good morning a very warm welcome to Worldwide Exchange on cnbc im wilfred frost live in london this morning lets get straight to the market picture this morning futures pointing lower, quite significantly as welcoming off that fantastic rebound last week the dow was up 4. 25 it sits at 5 away from that late january alltime high last week was an impressive rebound following those turbulent weeks we had seen before that. The s p similar amount up last week, a similar amount away from the all time high. The nasdaq was an outperformer, up just over 5 . Its now 3 away from its alltime high. U. S. Markets were closed yesterday, while we saw a bit of a decline elsewhere around the world. Today playing a bit of catchup to the down side following yesterdays declines if places like europe and asia, but also perturbed by the higher yields were seeing so were down about 165 points on the dow the s p down 17. The nasdaq down 40 points. The tenyear treasury note, yields picked up on friday following