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Transcripts For CNBC Street Signs 20170628

Shares of nestle open higher after the swiss food giant launches a 20 billion Share Buyback and says it will focus on capital spending, just days after third points dan loeb pressured the firm to shake up its structure. Maersk shuts down a number of systems after hackers strike in another largescale cyberattack targeting the shipping giant and several other corporations and government institutions across europe and the world. Good morning its wednesday, im glad to be back in the seat hope you enjoy the show today. We have a jam packed show for you. Lets kick things off with a look at the heat map the stoxx 600 is down by 0. 8 . A lot of weakness extending yesterdays losses the stoxx 600 at this point is at the lowest level in two months we saw tech stocks underperforming in the u. S. And a similar thing is happening in europe this is also on the back of the renewed cyberattack. Well spend more time talking about that during the show oil and gas also underperforming given that prices ha

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