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Exchange on cnbc. Im wilfred frost alongside susan lee in for sara again. A very good morning, susan. Good to see you, wilfred. Lets get you up to speed. Dow closing. 25 . And the oil prices were stronger yesterday. The Energy Sector was the best performing sector. Oil prices up slightly again today. Thats led to gains around the world. And gains in the u. S. Futures markets, culled high by 66 points on the dow. About a third of 1 on all three of those indices. Its interesting to point out the biggest reaction to all of the fed speaker over the month has been bonds. If you look at the bond markets down to 1. 73 . Of course, we were near 1. 9 a few weeks ago. Well get you more to the markets in just a bit. But first, breaking split cal news. Montana, south dakota, north dakota, and the most up for grabs, 475 at stake for former secretary of state Hillary Clinton and senator Bernie Sanders. But ahead of todays contest, word comes that hillary has gone over the top of the magic number of
New-yorkUnited-statesMontanaAustraliaJapanIstanbulTurkeyShanghaiChinaGermanyNorth-carolinaFloridaAugusta in the last pu minutes. Hell be here in studio. Futures are suggesting well have a positive open. Dow would open higher by 24 points. Nasdaq would open flat by 2. The corporate story of the morning, shells mega deal. Its the Biggest Energy tie up in more than a decade. Seema mody joins us from london with all the details. Seema. Hey becky. Good morning, its one of the industrys biggest deals in a decade. Shell paying 70 billion which represents a 50 premium to bgs Closing Price yesterday. Now the ceo of shell earlier this morning on cnbc europe explained why this deal makes since and how its not a bet on Lower Oil Prices. This is not a bet on the oil price. This deal works in a whole range of oil and gas prices. Of course we still believe in the longer run in a few years time we will see the longterm fundamentals will assert themselves. We see Higher Oil Prices than what we see at the moment and this deal will look not just very good. It will look fantastic. This deal gives u.
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