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Peter navarro. It has been a huge swing s p futures up, nasdaq up by 62. The nasdaq up seven sessions in a row. S p is up. Watching for the month of june, all three of these is up on track to be the third month in a row taking a look at treasury yields youll see the 10year is yielding 0. 715 . Crude oil up above 40 for the First Time Since the lockdown in early march. Getting to the story it has been a wild ride overnight. Last night on fox news, white house trade advisor Peter Navarro responded to a question about the china trade deal saying it is, quote, over. At that point, futures plunged about 400 points but then recovered after he later clarified his comments saying it had nothing to do with the phase 1 trade deal which continues to be in place. He was speaking to the quote lack of trust of the Chinese Party after ....
Brent crude up to 55. 48. Okay. Breaking Global Market news some early news this morning. The Uk Supreme Court ruling against the British Government in a key brexit decision. The vote means the Prime Minister, theresa may, must get parliaments approval in order to trigger brexit. Look at the pound moving on a result of this. Youre seeing it falling there over a half percent this morning. A couple other big stories to tell you about, yahoo reporting better than expected results on the top and bottom line. The company saying the sale of its core Internet Business to verizon should be completed in the Second Quarter which helped ease investor concerns ....
Hour developing, as well. Mexicos president just cancelling next weeks trip to washington. Michelle cabruso cabrera onset with us. We have the panelists, steve weise, josh brown, pete najarian. Michelle, you first. Maybe not that big of a surprise, considering the jousting that has been going back and forth between our two countries over the last many days and weeks. Yeah, and its been playing out mostly on twitter at this point over the last couple days. The president in mexico putting out a tweet, saying we just informed the white house this morning that were not going to attend the event that had been planned for tuesday. This comes in the wake of him putting out a Statement Last night, saying, listen, weve heard about the executive orders, were going to try to protect our citizens that are living in the United States. And by the way, im going to have a big meeting with the ....
Between President Donald Trump and the president of mexico. We are waiting to hear how that conversation went. Amazingly despite questions about what will happen with the trade agreements and whether or not there will be a border tax the markets are pretty quiet digesting the news and staying close to record highs. We are noticing mexican stocks. Actually doing fairly well. Would you say that it is a positive sign that at least the two sides are speaking behind the scenes . I think that absolutely is a good sign. We are going to have peter navaro. He said the vix isnt looking like anybody is worried. The markets are signaling that perhaps they are less worried about the talk. As you pointed out before and we certainly thought about often over the past year the lesson has been when things happen our Immediate Reaction is bad things are going to happen or whatever. ....
Those votes cast none of them come to me. Ill talk about all of this with President Trumps chief of staff Reince Priebus live this morning. Also, how should the democrats respond to the president . Get along when they can or all opposition all the time . Ill ask the man who was Hillary Clintons running mate senator time kaine of virginia and the presidency and the press. President trump calls the media the Opposition Party. The dishonesty, the total deceit and deception. And his chief strategist says the media should just keep its mouth shut and listen. Are we looking at the Worst White House press relationship since nixon . Joining me for insight and analysis are pulitzer prizewinning author doris good ....