A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema m infa for sara eisen. Good morning. Good morning to you great to have you with us lets get to the Global Market picture. Its an encouraging one. Yesterday, record closes note just for all three main indices that youre looking at, but for the russell, for thel transpor as well. The nasdaq up 0. 8 the s p and dow up about 0. 6 . The year for the w3ow thats roughly one every four trading sessions. E extraordinary statistics rp r yesterday. Utilities the worst. Could be another positive set of record closes. The dow higher by 72 points, nasdaq by 10 s p by 5 it was a riskon day for the bond xdarket. We saw selling of bonds. Yields rising. The tenyear pushed up to 2. 39 , where it sits this morning as well global stocks have had an encouraging start to the week. Letse1 look at how asia perford overnight. Mostly tof4npside. C the shanghai upqnearly 1 , hang seng up about 0. 7 one event to watch this week will be
Going to the movies. New rules in place. North America President out after less than a year. Coming after an internal investigation of inappropriate behavior. Twitter taking up conservatives. The Company Facing backlash this morning after his most recent purge of automated accounts we told you that yesterday. The stories coming up this thursday morning. Fox business albert Dagen Mcdowell. Former republican president ial candidate steve forbes is here and Fox Business Networks Connell Mcshane. Hey, good morning, maria. True do how are you, thanks for joining us. Whats going on this morning . The whole thing about the stock market. One is will the fed try to hurt this economy thinking its getting overheated air bubble happen to the dollar. Where did it go for now in trade, are we going to blow up nafta . I dont think we will, but that weighs on the market, too. Maria that is our top story because futures pointed to a lower opening fund release of the latest Federal Reserve meeting minute
The hands of donald trump . [ laughter ] whats this . Classified . Do you want it . Here you go. [ laughter ] President Trump, this weekend, gave the commencement speech at liberty university. While yet again the commencement speech at Trump University was given by a raccoon that wandered on stage. [ laughter ] dont leave your trash out. White House Press Secretary sean spicer said today that there is no need for a special prosecutor in the russia investigation. Of course, this is one of those cases where it matters how he said it. Did he say theres no need for a special prosecutor . Or was it more like, you dont need a special prosecutor to figure this one out. [ light laughter ] look, heres a picture of trump in the white house with a russian spy. Should we call columbo or are we good . [ light laughter ] citizens arrest at this point . President trump yesterday issued a statement calling for paid family leave. Which is a little surprising until you remember that hes already paid two
Last year wells fargo ceo Timothy Sloan came under congressional scrutiny after revelations the bank created millions of accounts without authorization from customers. Tuesday he gave an update on how wells fargo is addressing past wrongdoing and changing business practices. The searing will come to order. Before we begin let us remember that were still mourning those lives who are lost in our thoughts go to the courageous First Responders who put their lives on the line to save others. Both centers of nevada arse absent today because theyre in nevada. I know that senator heller and cortez are doing all they can there we will be reunited in prayer and support with them during this difficult time. Today will hear testimony from wells fargo chief executive officer. Over a year ago john testified in front of this committee on the bank bank account scandal and his handling of the fallout. Of the many issues emphasized during the Committee Members one was the need to hold executives account
Tuesday he gave an update on how wells fargo is addressing past wrongdoing and changing business practices. The searing will come to order. Before we begin let us remember that were still mourning those lives who are lost in our thoughts go to the courageous First Responders who put their lives on the line to save others. Both centers of nevada arse absent today because theyre in nevada. I know that senator heller and cortez are doing all they can there we will be reunited in prayer and support with them during this difficult time. Today will hear testimony from wells fargo chief executive officer. Over a year ago john testified in front of this committee on the bank bank account scandal and his handling of the fallout. Of the many issues emphasized during the Committee Members one was the need to hold executives accountable and to ensure customers impacted will be made whole. He committed the bank would take necessary actions to make it right and restore the public and Investors Trust