Beginsz right now. Good morning. Happy monday and welcome to World Wide Exchange. A very good morning to you from me as well. Welcome back, sarah. Thank you. Its good to be back. Went to sleep early. Missed that craziness. Cant wait to talk about it. But first on the Global Markets this morning, global stock having a bit of a pause moment after another strong week for wall street. S p futures down one. Nasdaq futures down six. Busy week where we will get the state of the union from President Trump. Janet yellen will be speaking as well. After another stunning market rally. When you look at weve had 11 record closes for the dow and that meant every day last week. But the gains last week were very slight on friday for the dow and less than 1 as a whole. I think you have to keep that in perspective that this isnt markets soaring, its not falling. And the nasdaq was only up fractionally for the week. So the dow did lead the charge. Its not that were off to the races again. Utilities are th
Worldwide exchange on cnbc. Im with Courtney Reagan in for sarah today. Good morning. Good morning. Happy monday. Great to have you with us. Lets go straight to Global Market action. Take a look at futures after friday stocks ended only just marginally higher. Were poised to open slightly lower, we have 4 1 2 hours to go before the opening sounds in the United States. The Dow Jones Industrial is called lower by 35 points. S p 500 down about 7 points for the futures and nasdaq off about 13. If we take a look at the action on the tenyear treasury, we did hit a high on friday of over 2. 52 , the highest since mid february. Now you see weve pulled back just a bit here, 2. 464. Theres so much that happened over the weekend in politics both in the United States as well as globally. Indeed. Very slight gains, of course, we saw on friday. For the week as a whole, four straight weeks of gains for dow. The dow up just shy of 1 last week. Led the pack of indexes up 0. 7, financials best performin
With you along with courtney regan. Good to have you with us. Lets get straight to the Global Market action. Lets get trait to where we will start off as we indicate ahead of the official market. The nasdaq applied to open flat and this is after we saw the embassies close slightly higher on friday. All indications are forward looking for that fed hike this coming week andts to the rr sort of where the market is really focussed. That of korts bal psing what we could see with the Political Uncertainty out of europe on a couple of Different Levels and events coming up there. As we could take a look at whats going on with the tenure. We have pulled back from that 2. 6 plus level that we saw on friday. Still, if youre sitting at 2. 657, very interesting to be able to watch this when were expecting 90 plus certainty that were going to see a hike. And they still ended the week higher than they had started but thursday afternoon and friday they came back again after those highs. As you rightly
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Paper good morning and welcome to World Wide Exchange on cnbc. Lets check in on the Market Action this morning. Last week we did see slight gains for the week as a whole. The dow was slightly higher, the nasdaq was up 3 4s of a percent and a the significant out performer of the pack. And 7 out of 11 sectors were positives. It was a risk off week in terms of performance utilities were the best fperformer. Financials down 1 . The dow around 11 points. There was a big talker for the week was what happened to bond markets and what we saw was a flattening of the yield curve. The two year moved up slightly. And the 10 year down quite below the 2. 5 level. Having been 2. 6 over a week ago. And we did see green from shanghai and hong kong. Hong kong sfands by the way at more than one year highs. That stock market has been on fire. Shanghai comp closing by almost half a percent. Economic data showing property prices slowed in february. And Economic Data out of europe. Rising 0. 2 month to month