Lets see how things did overnight in asia. Asia was leading the declines yesterday. This time a little different story. Nikkei closed up by 1. 5 hang seng was up by 0. 6 shanghai was flat. In europe, at least at this early trading hour, there are green arrows across the board. Barely hanging on for the ftse the dax and cac each up by better than 0. 6 looking at crude oil prices, at least right now, crude oil looks like its down 7 cents 55. 26. Couple big stories were watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesnt take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattels new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its fullyear revenue outlook. You are looking at both of those stocks now time inc is reportedly restarting talks to sell itself to publisher and broadca
Doubledigit lead if elections were today. The president will say get it done or expect defeat next year. Markets open higher again today and, yes, we are again at or near record stock price levels and as amazon powers ahead, we will pose the question, jeff bezos, 100 billiondollar guy, is he also the new steve jobs . Varney company is about to begin. Stuart this is the face of the retail revolution. Online is on the march like never before. Adobe says yesterday was the Largest Online sale history, 6. 9 billion worth of sale online and the revenue often driven by smartphones that hit alltime high, 1. 59 billion worth of sales, that, again, just from phone purchases. Lets bring in mike murphy, hes with rosecliff capital, im going overboard on this. Wait for it. The revolution is now, we are in the middle of it. Are you going to take me on . Mike im with you. People know that they can shop with convenience, people are willing to spend money but on their terms. The only way brick and morta
Do with cuba the death of the doubt. Marked by a 21 gun salute there. Businesses here move forward with deals to grab businesses there. But trump may have other ideas. He will terminate president obamas normalization relations with cuba remains unwilling to make what he believes is a better deal. Greg walden in a foxbusiness exclusive. We ask is donald trump about to make normalization abnormal and are businesses here starting to panic. As protesters are now being pushed back. Pete had his own pipeline problem. Can anyone of these. And by the way we are about to witness the end of the longest when in streak in 20 years for the russell 2000. Lets start the countdown. Liz we are beginning with the market reeler. What we need to focus on. There was small and mid caps. It has risen for 15 consecutive sessions. They do most of their business here in the United States. We do have the russell moving down by 13 points are about a . Lets keep on the gains overall today. They were among the wors
Welcome to Worldwide Exchange on cnbc. Im wilfred frost alongside Courtney Reagan in for sara. Im wearing my buckeye red because they got in College Football playoffs. Really excited. Youre educating me. Well have more on the highlights of that, but first to the market moving action this morning. And futures after a week where we did see declines across all three of the indices for the week as a whole. The dow just negative last week. The s p down 1 . The nasdaq down 2. 5 . And 8 out of 11 sectors were negative. Tech the worst down 3 . Energy the best up over 2. 5 because of oils big rally. Today, as you can see, we are pulled higher, the dow by 85 points. The nasdaq by 28. And the s p 500 by about 11. 5 . Well have a look at what the dollar is doing this morning as well. Last week the dollar did decline for its first week of declines in four the broader index is down 1 as a whole. We saw the unwinding post election dollar strength. This morning the dollar bouncing back. Its up. 30 . W
About the direction well see guys, donald trump is frontrunner. He won the last three states. Leads in every poll likes to remind us every day. So the time for action is now. Goes back to what i said. Sense of your sendgy is not just about winning. Idea that the party of reagan and conservative movement can fall into hands of someone who is con man. Pulling ultimate con job on american public. He claims to stand for working class when in fact his entire Business Career stick it to working class americans. Claims strongest antiimmigration person in the race and uses illegal workers to build trump towers and imported workers to take away jobs from my home state. He portrays himself as tough buy. He is not a tough guy. He inherited 200 million. If had not been for that he would be selling watches in times square. My point were not going to let someone like that take over the conservative movement. After everything that this party has bonn through and this country gone through. The last th