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good morning welcome to worldwide exchange on cnbc. i m sara eisen i m wilfred frost good morning to you from me as well u.s. futures pointing higher on wall street as tensions ease on the north korean peninsula. up 40 points on the dow. first breaking news overnight. two more corporate leaders are stepping down from president trump s american manufacturing council. the ceos of intel and under armour announcing their departures the rez zig anything that signae wake of president trump s handling of a white national rally over the weekend brian krzanich released a blog post saying i resigned from the council to call attention to the serious harm our divided political climate is causing to critical issues. crzanich and plank join the ceo of merck who resigned yesterday. these are big statements, coming 12 hours after frazier decided to step down after the response to charlottesville. clearly ceos are struggling to figure out the best course of action here. they don t ....
europe s pretty mix. ten-year above 2.5 and inflation finally returns to japan, 0.1% on their cpi. roadmap begins with a pause in the rally. a cnbc exclusive with wilbur ross on how trade changes in a trump white house. and snap day two, the stock soars in its debut and now news that nbc universal, our parent company, making a strategic investment in the company. and a dramatic scene at caterpillar headquarters, offices raided by federal agents. the latest on that. stocks looking to bounce back from biggest one-day decline since january, but s&p and nasdaq each on track for a sixth consecutive weekly gain. dow s on pace for its fourth positive week in a row. earlier on squawk this morning the new commerce secretary wilbur ross commented on the post-election market rally. i think the markets have given a pretty clear endorsement of optimism coming from the new administration. i don t think there s any doubt about that whatsoever. and in fact election night we were ....
this month, the national cable until locations association hosted an internet and tv expo in boston with journalists, cable industry officials, and members of the fcc. that is next here on c-span. then, a look at the economic state of silicon valley, with technology investors and venture capitalists. taxlater, a hearing on policy for businesses of the provided share services. moderator: good morning, everyone. and to i andston cx 2016. on behalf of we are happy to greet you. we start out this morning s session and the atlantic will be a great show. moderator: absolutely. the letter to be here, as well. it is exciting to be at the intx. ever moderator: this year we look at disruption, and how to embrace it for creativity and innovation. it should be excited. moderator: when you look at webster, it tells us disruption is to break apart, to throw into disorder. but in our business, it is so much more. it is changed, opportunity, growth. it is the state of our world t ....
of theaters across america. sony entertainment s ceo michael ouron said, we are excited movie will be in a number of theaters on christmas day. efforts toinuing our secure more platforms and more theaters. so what happened? what changed sony s view on this situation? smaller cinemas apparently. caroline hyde is here with more. ask coalition of independent ,inemas signed a position expressed their interest, got in touch. sony thought, how can we get this film out? 300 the others will be showing this film on december 25. these films have been ready and waiting to go. alamo, they are based in austin, texas. also, plaza in atlanta. atlanta police say they are aware and they are going to be monitoring the situation. the whole reason the interview was pulled because of cyber threats that maybe you would be in danger if you were viewing this particular film. many started to feel that we have backed down to terrorists, so suddenly we ve got to change. hundreds more cinemas mi ....
all-time closing high. plus, it s cybervandalism, not an act of war, president obama downplaying his comments on that sony hack. we ll show you the reaction from the ceo of sony pictures. and shares of abbvie getting a big boost in the premarket after the latest salvo in a drug pricing battle. we ll explain all of the twists and turns. a holiday-shortened week on wall street, stocks in the midst of a three-session winning streak. s&p with half percent of its all-time intraday high. yesterday the saudi oil minister said opec will not cut output, regardless how low prices may fall. he blamed nonopec producers for the slide in crude. doug saying, yeah, we ll fee it in some ways but called it a giant economic stimulus. last week we began to see industrials that reported okay numbers, not great numbers. percolating. and it was almost as if people are beginning to realizing that lower oil prices provided a stop provided that they stop plummeting provided that ....