Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im wilfred frost good morning to you from me as well u. S. Futures pointing higher on wall street as tensions ease on the north Korean Peninsula. Up 40 points on the dow. First breaking news overnight. Two more Corporate Leaders are stepping down from President Trumps American Manufacturing council. The ceos of intel and under armour announcing their departures the rez zig anything that signae wake of President Trumps handling of a White National rally over the weekend Brian Krzanich released a blog post saying i resigned from the council to call attention to the serious harm our divided Political Climate is causing to critical issues. Crzanich and plank join the ceo of merck who resigned yesterday. These are big statements, coming 12 hours after frazier decided to step down after the response to charlottesville. Clearly ceos are struggling to figure out the best course of action here. They dont like to be involved in po
Europes pretty mix. Tenyear above 2. 5 and inflation finally returns to japan, 0. 1 on their cpi. Roadmap begins with a pause in the rally. A cnbc exclusive with wilbur ross on how trade changes in a trump white house. And snap day two, the stock soars in its debut and now news that Nbc Universal, our Parent Company, making a strategic investment in the company. And a dramatic scene at caterpillar headquarters, offices raided by federal agents. The latest on that. Stocks looking to bounce back from biggest oneday decline since january, but s p and nasdaq each on track for a sixth consecutive weekly gain. Dows on pace for its fourth positive week in a row. Earlier on squawk this morning the new commerce secretary wilbur ross commented on the postelection market rally. I think the markets have given a pretty clear endorsement of optimism coming from the new administration. I dont think theres any doubt about that whatsoever. And in fact Election Night we were with carl icahn and some oth
This month, the National Cable until locations association hosted an internet and tv expo in boston with journalists, cable industry officials, and members of the fcc. That is next here on cspan. Then, a look at the economic state of silicon valley, with Technology Investors and venture capitalists. Taxlater, a hearing on policy for businesses of the provided share services. Moderator good morning, everyone. And to i andston cx 2016. On behalf of we are happy to greet you. We start out this mornings session and the atlantic will be a great show. Moderator absolutely. The letter to be here, as well. It is exciting to be at the intx. Ever moderator this year we look at disruption, and how to embrace it for creativity and innovation. It should be excited. Moderator when you look at webster, it tells us disruption is to break apart, to throw into disorder. But in our business, it is so much more. It is changed, opportunity, growth. It is the state of our world today. This week, we will tak
Of theaters across america. Sony entertainments ceo michael ouron said, we are excited movie will be in a number of theaters on Christmas Day. Efforts toinuing our secure more platforms and more theaters. So what happened . What changed sonys view on this situation . Smaller cinemas apparently. Caroline hyde is here with more. Ask coalition of independent ,inemas signed a position expressed their interest, got in touch. Sony thought, how can we get this film out . 300 the others will be showing this film on december 25. These films have been ready and waiting to go. Alamo, they are based in austin, texas. Also, plaza in atlanta. Atlanta police say they are aware and they are going to be monitoring the situation. The whole reason the interview was pulled because of Cyber Threats that maybe you would be in danger if you were viewing this particular film. Many started to feel that we have backed down to terrorists, so suddenly weve got to change. Hundreds more cinemas might be lined up fo
Play and youtube. Do not miss our interview with a Theater Owner who screened the film. First the markets at record highs. S p 500 set for its 52nd closing high of the year. Will the rally continue into the new year . Joining us, hank smith at haver haverford trust. Do you expect this record to continue into 2015 . Yeah. We wrote about it last year and again we are writing expect pullbacks, expect corrections. They are a normal part of any bull market. We havent had a correction in 3 1 2 years technically speaking, a 10 decline. They should be shortlived and relatively shallow. Theres been lack of participation with retail investors. This is one of the most hated bull markets in history. People are now finally looking to enter the market and they are going to buy on the dips. Is that a good sign for the market . We were talking to a trader last hour who said when retail finally emerges, you want to sell. Thats a long process. It just doesnt happen overnight. This market is not cheap, b