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Transcripts For CNBC Street Signs 20170518

Shares in fiat hit the skids after the u. S. Department of Justice Reportedly prepares to sue the carmaker over its excess emissions. Burberry shares are in fashion with investors in early trade as the Company Reported better than expected underlying profit as a new ceo gets set to wear the pants. Sent to where the pen good morning once again, its thursday. Glad youre with us. Lets get straight to the markets, see what the fallout from the white house drama continues to be. The stoxx 600 is still off by 0. 5 . The dax seeing its biggest loss since before the trump election. The dax down 1. 4 , the cac off 1. 8 . The worst day in more than eight weeks. As you can see, were extending that selling pressure on the markets. Lets look at the sectors one by one. You can see autos are under pressure, off by 1. 4 . This is mainly because of Fiat Chrysler given the u. S. Investigation and the pressure on the carmaker. Well get much more from nancy hungerford. Utilities, Household Goods are the f

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