Welcome to Worldwide Exchange, im wilfred frost. And im seema mody. We are taking you back with some of americas most notable black artists, right now youre listening to james brown i like that one great way to start the show. Lets get to the Market Action futures are slipping it comes off a soft day. The dow was higher yesterday the s p down by 0. 2 the nasdaq 0. 4 . A bit of a selloff in the afternoon. Not much in reaction to the fed Decision Just softness in the tech sector thats why we saw the nasdaq as the worst performer. Futures are down quite sharply 64 points for the dow. The nasdaq down another significant move, 67 points. Thats higher in percentage terms. 12 points down for the s p question marks on whether this is in relation to the announcement, reported announcement that President Trump is under investigation for obstruction of justice an update from washington on that coming up the fact that the nasdaq is leading the move down, suggests it is not that as the driver, just
2. 145 overnightin asia, look at whats been happening. You can see the nikkei closed down by a quarter of a percentage point the hang seng off by 1. 2 . The shanghai was flat. Lets look at whats happening in the european markets in early trading. At this point there are red arrows across the board there as well biggest decliner is the cac, which is down by 1 . The ftse and dax are off by 0. 8 when it comes to currencies. You will see right now the dollar is up across the board. Euro at 1. 1163 crude oil prices which were down 3. 7 yesterday, the lowest settlement weve seen since november 14th, you can see this morning down once again. Another 11 cents to 44. 62. We want to bring you an update on the terrible shooting that took place yesterday. Republican congressman Steve Scalise is in Critical Condition this morning after he was shot by a gunman yesterday. Squawk was on while this happened the congressman was shot in the hip, underwent surgery at Medstar Washington Hospital Center a s
The agencies bulk collection of phone records of all americans. We will speak with nsa whistleblower kirk wiebe as well as Edward Snowdens Legal Advisor ben wizner. Then we go to egypt where else to president Mohamed Morsi is facing charges of committing terrorist acts and treason. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman. A white houseappointed task force has proposed a series of curbs on Key National Security agency surveillance operations following leaks by former nsa contractor Edward Snowden. On thursday, the panel recommended that hold its collection of billions of american phone calls, sending the additional risks to public trust, personal privacy, and civil liberties. The phone records should be held by Telecommunications Providers or have a third party. Underminings for its encryption and criticized its use of Computer Programming flaws to mount Cyber Attacks. At the white house, press secretary jay car
The agencies bulk collection of phone records of all americans. We will speak with nsa whistleblower kirk wiebe as well as Edward Snowdens Legal Advisor ben wizner. Then we go to egypt where else to president Mohamed Morsi is facing charges of committing terrorist acts and treason. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman. A white houseappointed task force has proposed a series of curbs on Key National Security agency surveillance operations following leaks by former nsa contractor Edward Snowden. On thursday, the panel recommended that hold its collection of billions of american phone calls, sending the additional risks to public trust, personal privacy, and civil liberties. The phone records should be held by Telecommunications Providers or have a third party. Underminings for its encryption and criticized its use of Computer Programming flaws to mount Cyber Attacks. At the white house, press secretary jay car
Them money, but the entire industry. All the president s bankers the hidden alliances that drive american power. We will speak with nomi prins about the 100 year history of collusion between washington and wall street. In shining a light on the nsa black budget. We will go to capitol hill to speak with commerce member peter welch is sponsoring the bill to force the president to include the total dollar amount requested for each of the 16 intelligence agencies. Then, a federal judge has dismissed a lawsuit challenging u. S. Governments killing of three americans in yemen in drone strikes. We will get reaction from attorney maria lahood. The constitution clearly applies to our awlaki because he is u. S. Citizen, so he is guaranteed due process. If the Us Government can kill a u. S. Citizen in yemen, that not only expands the global war, but also means a u. S. Citizen can be killed anywhere by our government. All of that and more coming up. This is democracy now , democracynow. Org, the w