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Transcripts For CNBC Worldwide Exchange 20170508

And im wilfred frost. Very good to have you all with us. Lets get straight to the Market Action. Our top story this morning, france electing a political newcomer as its new president. Emmanuel macron winning 66 of the votes, besting Marine Le Pen. At just 39 years old, he will be frances youngest president ever. The market reacting this morning. Initial strength in places like asia. The euro topped above 110 yesterday. Since then, its actually weaker by 0. 4 . Very much buy the rumor, sell the fact. The market was way out in front of this vote after the first round resulted in the Emmanuel Macron victory. The french cac, last week up a quarter . And last week, already posting in a positive way for european stocks, french stocks. The germ dan dax down. And the equity futures, lets show you what happened after the s p and nasdaq managed to close at record highs on friday. S p gained more than 0. 5 . Another straight positive week. And futures are a little changed down less than a point f

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