Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Its throwback thursday. This week were throwing it back from songs from our first ever cds. This is yours . Mine. Early 80s, madonna by madonna. Lucky star wasnt on it. It was on a later one. You were buying cds when you were three or four . My parents would buy cds. I grew up in a music household. I guess there were cassettes before cds. I have a bit of both. Even this or ace of bass. And i love ma ddonna. Cant wait for yours. Hard to compare me to the person i picked. Well get to that at some point and from the rest of our production team. Lets look at futures. We are called higher by a decent margin. The dow up by 76 points. The nasdaq by 18. The s p by 7 points. The s p hit a record close again yesterday. Did only gain about 0. 25 . The dow and nasdaq were a bit stronger than that. All in all another day of muted gains. The fifth day in a row of muted gapes, so
Again, a moment of silence for the victims of the Manchester Bombing. Political parties in the uk are expected to resume election campaigns this morning. New this morning the bbc is reporting that British Police have stopped sharing information on the Manchester Bombing with the United States because of fears that leaks in the u. S. Media could hinder the hunt for a possible bombmaker. At issue are pictures of the crime scene published by the New York Times, including photos of the remains of the bag that was carried by the suicide bomber. Prime minister theresa may will raise the issue with President Trump today. This is one of the most important intelligence sharing efforts in the world. The expectation is that this will not last for long. If you see the picture on the cover of the New York Times this morning, this is what has caused some of that outrage. Pictures released and shared with the United States intelligence that wound up on the front page of the paper. The fellas brother
Got to get back in time here is what else is happening at this hour, its a good time to buy a house, if you can find one for sale. Mortgage rates hitting the lowest level since november. The 30year fix now 3. 95 , but housing inventory, the number of homes for sale, remains very low in some cities. The home of the little blue box is giving investors a gift. Tiffany boosting its Quarterly Dividend by 11 and more departures at ford. This time its Global Product Development chief is leaving. Becky, thank you very much. Folks, stop me if you heard this one before its another recordsetting day for your investments. Were in the middle of a sixday win streak propelling yet you heard scott and melissa say i but ill say it again the s p 500 and nasdaq hitting new highs. The dow not far behind. Check this out, the nasdaq is now up 16 of 19 trading days so far this month. That is putting it on pace to have the most up days versus down days of any month since all the way back in september of 1996.
Jeff bezos is within spitting distance of becoming the richest person in the world. The dow is down by about 20 points below fair value after six sessions in a row of gains. The nasdaq is down by 2. 5. Overnight in asia, well see that the nikkei was down by 0. 6 . Hang seng was flat. As was the shanghai. In europe and early trading this morning, as things get started, most of the markets are weaker. The dax is down by almost a half percent. Cac down by three quarters of a percent. Ftse up by 0. 1 . Markets in italy and spain are weaker. Crude prices are higher after dropping by 5 in yesterdays trading session. Analysts say that extension of opecs production cuts where they agreed to make the extension was already priced in the market was looking for cuts to last longer than nine months or deeper cuts. Neither of those things happened. This morning wti back up by 25 cents. It is below 50 a barrel. A couple big stories were watching. Jim bullard speaking in tokyo overnight and said the p
Macro data, the president at the g7. Europes on pace for a down day. Ten year, 2. 23. Durables are down for first time in four months. And oil still below 49. Our road map begins with quote very, very bad. The president s comments on germany and trade are in the spotlight. Plus amazon is near 1,000 a share. Will that run continue . And the surprise gdp revision, higher for the First Quarter. First up though the germans are bad, very bad, thats the what the president reportedly said in brussels. According to the german publication der spiegel. He voiced displeasure over the trade surplus. See the millions of cars theyre selling to the u. S. , terrible. We will stop this. A lot of discussion about what was lost in translation with the germans. Gary cohn trying to clarify what the president meant on russian sanctions, but not the first time that he has been critical of the trade and german out makers as well. Cohn said he was saying that the automakers are very, very bad. Not germany, the