sullivan is on assignment. let's check the market action. futures pointing to a higher open on the dow jones. implied higher by 38 points. nasdaq higher by 33 points the s&p 500 stands to open higher by more than 3 points first the big story of the day, apple. shares shooting higher after the company topped earnings expectations and announced a 0 $100 billion buyback let's get to arjun kharpal with more on apple's big quarter. >> good morning. let's dig into the key bits of the report here. that 1$100 billion share buyback investors were excited about that in this quarter apple gave back share holders 22$22.8 billion v buybacks, that's record sum for a quarter. so they continue to reward investors. that is keeping them happy about the stock. next key figure is iphones while the unit numbers were up 3%, revenue increased by 4%, which gives us a sense that customers were purchasing the higher priced iphones, that made tim cook excited on the earnings call, where he said customers were buying more iphone 10s than any other model each week in the quarter. not as gloomy as many feared anoth

sullivan. this is about 15 minutes. [applause] [applause] [cheers] mr. sullivan: thank you. it is a great honor to be here to introduce our new secretary of state. before i do so, i wanted to thank all of you, each and every one of you, for your hard work over the last six weeks. the pace of world events does not pause to allow the united states government to change from one secretary of state to another, but it is because of your dedication and professionalism that this department has continued to meet its mission for the american people. so thank you to all of you for all you have done. [applause] mr. sullivan: now it is my honor to introduce our new secretary. it is a former three term member of congress, former, now director of the central intelligence agency. i offer my own perspective as somebody who comes from the private practice of law, and in looking at his bio i looked at it through the lens of a former law firm partner, and i imagined how i would assess his bio if i were looking at our opposing counsel. and i had to advise my clients on who we would be dealing with. and

music. we'll tell you why later on. good morning i'm dominic chu. happy may day. brian sullivan is on assignment. let's check the early market action right now futures are pointing to what could be a fractionally lower open to start here the dow down about 58 points the s&p down by 4. the nasdaq down by 14. we'll have more on the markets in a moment. first to some big news out of the white house. president trump extending steel and aluminum tariff exemptions for many allies. let's go live to tracie potts in washington >> good morning, everyone. the eu, canada and mexico get another 30 days to try to work this out, the white house calls it a final 30 days the fed line instead of today june 1st for those countries to work out a deal to avoid those steel and aluminum tariffs the europeans are looking for a permanent exemption. the issue seems to be whether or not they will agree to quotas. south korea did. they got a permanent dieeal. the eu nations, again, the north american allies of mexico and canada, they get another month to try to figure this out or they will be hit with those s

to this event is john sullivan. as the acting secretary of state and lead the transition of leadership to the secretary of state and returned to the state department. introduce john sullivan. >> thank you for the remark terry, the have visa thank you for the f words to establish this mission and create the strongest possible bond between israel and the united states and we are preparing ofthe the celebration. it is an honor to be part of this momentous delegation on this day that is so it in .istory and it is a privilege you to the of opening of the embassy here in israel. i also come from secretary pompeo, who since is best wishes and says that it meant a lot that he was able to come over here and he regrets not being here. says that this is a product that he shares for the country. this is aaid, moving recognition of a reality that is many years in the making and jerusalem is in dispute of the capital of israel, a capital as a stepthe nation towards the advancements of region andis broader throughout the world. jerusalem point to a place in history and we can hope fora gli

president's delegation to this historic event's deputy security of state. >> deputy secretary sullivan serves last month is our acting secretary of state leading the transition of leadership to the secretary of state, mike pompeo. he now returns to the number two position in the state department. i am on to introduce, john j sullivan. [applause] thank you ambassador freeman. >> on behalf of the secretary, thank you for your dedicated efforts to establish this diplomatic mission and secure the strongest possible bond between israel and the united states. we are also grateful to you and your team for the close coordination and months of detailed planning to prepare for this important day of celebration. it is an honor to be part of president trump's official delegation for this momentum occasion. on a day that you have artie noted is so steeped in history. it is a privilege to stand before somebody distinguished guests, political and religious leaders of israel, and to welcome you all to the opening of the u.s. and fizzy -- embassy in jerusalem, israel. [applause] >> i also come with a message

government, it is my pleasure to welcome the leader of the president's delegation, john j. sullivan. thethe 77th secretary of treasury, steven mnuchin. trump's senior adviser jared kushner. president trump's daughter and senior adviser a ivanka trump. specialt trump's representative for national negotiations, jason greenblatt. to united states ambassador israel lou eisenberg. the assistant secretary of state and the acting assistant secretary of state. legislative branch, we have four senators who support for israel is legendary -- senator lindsey graham. senator ted cruz. heller.dean senator mike. thank you for coming. and from our house of representatives, a delegation led by congressman joe wilson. congressman tom rice. congressman steve night. congressman dennis ross. jodey night to congressman scott taylor. congressman steve elden. congressman george holding, and congressman -- just last year, congressman stood at this podium and made a passionate and compelling case that this day would come, and so it has. so i would like to welcome the governor of my home state of florida who

sullivan is on assignment. we'll hear from him later in the show futures are slated right now to point to a lower open. the dow off by 165 points. the s&p off by 16. the nasdaq down by 60 points, at least if things hold the way they are the treasury market side of things, you can suspect with the risk aversion theme there, a bid to treasury bonds. ten-year note yields at 3.01%. we'll keep an eye on that treasury complex on the oil side of things, we're seeing some moves there. wti crude currently $71.88 off by a half percent. brent crude futures, $79.06 the overall oil market showing some signs of a pullback for now. the global market picture, as we see with asia on that side of things, feeling some of those effects as president trump pulls some cold water on a china trade deal the hang seng is off by 2% and the shanghai composite off by 1.5%. the kospi in south korea gaining about a quarter of a percent the european side of things, we're seeing some negativity carry over germany, the dax off by 1.5% the ftse off by two-thirds of a percent. >>> new developments in next month's planned

from wherever in the world you may be watching. i'm brian sullivan so glad you're joining us. here's how your money and the global markets are setting up their day on what has been -- feels like a five-day week already. it's only thursday the dow will likely rise slightly at the open we're up 20 points in the futures. comes off yesterday's big gains from tuesday's italy driven fears. bonds also seeing a reversal yields slowly creeping higher again. ten-year at 2.88%. china is a big winner, both the mainland and hong kong markets are up 8%. the center of the most recent market news is calmer this morning. only germany is down oil is down, but fractionally, both wti and in europe as well >>> your top story has to do with trade and the increasing risk of a global trade battle. the u.s. now reportedly ready to pull the trigger on european steel and aluminum tariffs it's something the trump administration threatened for months an official announcement could come as early as this morning. the eu vowed to retaliate with its own tariffs on american goods if this happens, ranging from motorcy

thank john sullivan. deputy secretary sullivan. where is john? john, thank you. thank you for your service in this interim period. [applause] mr. president, i also want to say thank you to you. you have entrusted me with a weighty and awesome responsibility to serve the american people. first as the director of the cia and now as the secretary of state. this responsibility becomes more sobering when we consider the many threats to american security, prosperity, and our liberty. mr. president, i promise you, my team will be unrelenting in confronting those threats. we will employ tough diplomacy when necessary to put the interests of the american people first. i will work to ensure their safety, to preserve their rights and defend their values. and i will make sure america is always a respected and principal -- principled leader on the world stage. [applause] we are but 15 months into this administration and we have already made outstanding progress by speaking the truth about the challenges we face, by confronting them head on, by partnering with strong sovereign independent nation

. and now, live on tape from the ed sullivan theater in new york city, it's stephen colbert! ( cheers and applause ) >> stephen: wooo! hi, how are you! yeah! >> thai, joe! thank you, lewis! ( applause ) please, have a seat. you're very kind. sit down, thank you so much, everybody. thanks for being here. welcome to "the late show." is i'm your host, stephen colbert. ladies and gentlemen, we are getting more revelations right now, about donald trump's former doctor, harold bornstein. hello! you know that during presidential campaigns, candidates always release their health records to prove they're healthy enough for the hardest job in the world. well, you may remember that instead of a medical report, bornstein released a one-page letter boasting of trump's physical fitness. but now, trump has kicked him to the curb, so the doctor has revealed that trump dictated his glowing health letter. laugh okay, that's what he says. that's what he says! but let's not rush to judgment. maybe trump didn't write it. let me try something. "his physical strength and stamina are extraordinary. if electe

ballmer will join brian sullivan at the nfcoerence in los angeles. stay tuned for that interview in two minutes. well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. - anncr: as you grow older, -your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts

sullivan thanks for watching from wherever in the world you might be it's a very busy news day and market day as well pretty much everything is on the move look at this, you have dow futures, it's early, already indicating a jump of 140 points at the open. the nasdaq and the s&p 500 are also indicating a jump even with this happening, ten-year yields making a big move for bonds, up about 5 bips that means bond yields are back over 3%. you can see that, just barely. that's something to watch. oil is also back higher, once again above 70 it appears fundamental concern about supply and demand is trumping reaction over the iran deal yesterday crude is trading at 71.14. that's where we begin the day. let's get to your top story, allai eamon javers has the latest from washington >> president trump pulled the united states out of that deal yesterday as expected. unlike what many expected, there were no carve-outs or caveats to this the president said the sanctions will go into place immediately here's what we know about what that means for american companies that have been doing business

morning welcome from wherever in the world you may be watching. i'm brian sullivan do not look now, but we are in the middle of the longest winning streak for the dow jones in six months. if you're keeping score at home, we gained eight sessions in a row heading into this morning. nine may be tougher because futures indicating that we'll be down a bit very early we're down 59. an eight-day winning streak could be in jeopardy today what's not down is the yield on the ten-year, that's back slightly above 3%. 3.01%. oil remains a huge story brent crude, which is traded overseas, creeping back towards $80 a barrel we're at 78.47 oil traded here back above 71 a barrel gasoline on the rise, up nearly 40% in just one year more on oil all day tomorrow here on cnbc we'll tell you why in a bit. more on that and the overall check on your investments with sam stovall from cfra here's what's interesting, we're up eight days in a row on the dow. earnings have been nothing short of spectacular, yet year to date we're only flat on the equity markets. how do we read that? >> what investors are tryi

may be watching i'm brian sullivan it is a very busy tuesday. we kick things off with some potential big deal news. sources say that comcast, our parent company, is lining up financing to make a $60 billion all-cash bid for 21st century fox. this would top disney's $52 billion deal for most of fox assets, an offer not yet on the table. sources suggest a bid may only come if at&t wins its battle for time warner. a deal would give contrast over fox's movie and cable tv assets but not include the fox news division 21st century fox shares are moving higher in the premarket. >>> stock futures indicating not a huge move right now, a slide of 40 points, very early trade there. we're slightly in the red. similar story with oil oil has been a big focus and will remain so today the president saying he will announce his decision on whether or not to stay in or leave the iranian nuclear deal this afternoon. michelle caruso-cabrera will join us in moments with more on that let's get now to the news. tracie potts is in washington with more on the iranian deal story. >> good morning. in a matter of

welcome to "worldwide exchange." i'm courtney reagan. brian sullivan is on assignment today. may the fourth be with you dow jones industrial average if it were to open at this point would open higher by 9 points or so but watching shares of apple this morning we're doing so because warren buffett told becky quick that berkshire hathaway bought a whopping 75 million shares of the tech giant in the first quarter. here's what buffett said to becky last night >> it is an unbelievable company. if you look at apple, i think it earns almost twice as much as the second most profitable company in the united states it's a wide, wide gap. it's an amazing business here's a company that's -- whatever the earnings are, 60 billion or whatever, you can put all their products on a dining room table >> they already own 165 million shares of it before. though were a huge shareholder of apple to tack on another 75 million on top of that is -- first of all, i guess if you are an investor with a background and a history like warren buffett, you see trends, you see large scale purchases -- the size of

happy monday good morning from wherever in the world you may be watching. i am brian sullivan. eight may be enough more maybe not. if the markets are correct right now, we'll have another up day for the dow. indicating and stock futures indicating we'll see another 100 point pop. still up seven days in a row today looking like in the early go we could make it eight. ten year yield trading at 2.9, 2.97, 2.8% if we go global in asia, the major indexes are higher as well no massive gains seeing japan up half a percent hong kong the big winner up 1.4% let's get a check on how the markets are trading as well. german dax is down as well a little bit of red. let's get a check on the commodity side of the markets. oil becoming the most important money story. oil is slightly lower state side still above 70 gasoline prices much higher than before this time last year so by the way is the dollar. at 119.96. gold and watch the cryptos the coin taking a hit down 3% on coin base. other cryptos down zimbabwe the latest company to ban all banks from dealing in krip tows. country, not company you get

brian sullivan is at that big gathering. brian? >> reporter: i'm not a bigwig. or a c-anything-o. but i've got an idea sir. get domo. it'll connect us to everything that's going on in the company. get it for jean who's always cold. for the sales team, it and the warehouse crew. give us the data we need. in one place, anywhere we need it. help us do our jobs better. with domo we can run this place together. well that's that's your job i guess. ♪ - anncr: as you grow older, -your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. people don't invest in stocks and bonds. they don't invest in alternatives or municipal strategies. what people really invest in is what they hope to get out of life. but helpi

. >>> i'm brian sullivan in for scott wapner big news on the banking. mike mayo is with us, live >>> plus the defense stocks to own if president trump drops out of the iran deal today. >>> and risk and reward, a big story emerging out of the emerging markets "half time" kicks off at noon eastern time back to carl. >> thanks, brian. >>> michelle caruso-cabrera joins us from the news desk to make sense of these contradictory headlines at cnn and now "the new york times," why that caused oil to fall and then bounce. >> let's tell you what jucht came out of the nork ti"the new" story. oil has recovered about half the losses we saw earlier. they're reporting that the u.s. is preparing to reinstate all the sanctions it's waved as part of the accord and new additional penalties as well. we talked about the myriad of the possibilities that the president could do today he could say not only am i going to get rid of all the waivers on the sanctions that were due this saturday, may 12th, he could also say, you know what? i'm doing july as well, because there was a whole other round of waive

dominic chu brian sullivan is on assignment today. wall street futures moving lower after the dow snapped an eight-day winning streak north korea canceling a highly anticipated meeting with south korea. its threatening to pull out of the summit with president trump. the move follows joint military exercises with the u.s. and south korea. >> the iea cutting its outlook for global oil demand as crude nears 80 bucks a barrel. the agency saying iran and venezuela are quote a major challenge to the market. we'll have more on that later on in the show. >> first, let's look at early market action and bring in michael purves from wheaton & company. yesterday stocks fell about 193 points a significant move what was behind it. >> the big news yesterday was bond yields finding fresh highs. not just getting through 3%, before you gbu getting there with some vengeance. when you see that, that spills over into other asset classes, like the dollar. the dollar getting stronger and no equities as well. i think part of what's going on is that there's a regime change unfolding here, broadly speaking

brian sullivan so glad to have you with us. here's how your money and the global markets are looking stock futures indicating a slightly down move at the open we're indicated to open down about 32 still early. stock futures lower as the cost of borrowing cons to rise. t continues to rise. the bond holders get paid almost a percent more than eight months ago but also mortgages to auto loans are also up significantly. overnight in asia and japan, we talked about the trade battle. we have talks in china between the u.s. and china in d.c. the nikkei not reacting to some of those trade war concerns. the hong kong market and the shanghai as well as korea are down about the same. >>> outside of the stock market, here's how things are looking around the world the german dax, the ftse opening up slightly higher, albeit in early trading. on the commodity and currency side, the dollar has been a big story. we're seeing crude oil continue to rise. u.s. traded crude is up as well over $72 per barrel. we talked about this extensively with our coverage in houston we just continue to put more oil, b

version of the social network. >> i'm brian sullivan in dallas and tens of thousands of gun owners are gathered for the biggest meeting ever >>> a new way to cut the cost of the next vacation or business trip and another stock moving report from "60 minutes," i'm kelly evans, and the closing bell starts right now. welcome to the "closing bell," everybody, on this friday, all those stories in a moment, but a check of the markets in the final hour of trade. dow swinging 800 points since yesterday's low, up 368 now, 1.5% >> dow and s&p flat for the week now, which you didn't expect a couple days ago. let's get to the markets, and bob pisani is on the floor for us bob? >> a perfect jobs report for the bulls. we talked about that they needed goldilocks, and they got it, job growth, not too hot or too cold, and wage growth, again, not too hot or too cold, and you see the reaction of the markets overall. they bought beat up sectors. sectors with the toughest time in the couple weeks moving up. this started middle of the day yesterday, semiconductors, we talked about that, teradyne up 1.5% tod

live on tape from the ed sullivan theater in new york city, it's stephen colbert! ( cheers and applause ) ( band playing ) >> stephen: thank you very much! hey! welcome please have a seat, everybody. you're very kind. nothing like a fresh audience, jon. they just opened the package on the one, they're still crisp. welcome to "the late show." i'm stephen colbert. ( cheers and applause ) thank you very much. happy national day of prayer. >> jon: that's right, that's right. >> stephen: you know, i don't know why it's just one day because every morning since the election i wake up and scream, "oh, dear god!" ( laughter ) do something! and trump talked about how important faith is to other people. >> i want to thank vice president mike pence and karen for joining us, very special people, thank you very much. ( applause ) we are truly blessed to have a vice president and a second lady who believe in the power of prayer and the glory of god, and they do believe. i'm with them a lot. they believe. it's true. >> stephen: "they won't shut up about it. i'm with them a lot. i'm breathing i

sullivan. you guys were very fantastic. look all those people. you are probably surprised to see them. maybe i would like to ask your great parents if you have something to say before -- i would like to get to the senators and i would like to get to you, mia and asked you also. can i start with the parents? >> i just want to say thank you, to you personally for everything that you have done. as well as the state department, but all of you. i just can't even tell you. i have grown to love senator hatch and mia so much. not everybody gets to talk to senator hatch and mia. when everything happened last week, mia was the one who answered her phone and was the one that got things rolling with senator hatch. pres. trump: i've never seen mia cry before. >> it was a horrifying week and she got me through it with senator hatch. senator hatch's office, i cannot tell you how much i love all of your staff. so, thank you, thank you. i also want to say thank you to president maduro for releasing josh and letting him come home. pres. trump: that is very nice. pop? >> she pretty much said everyt

dakota >> i know. there's something happening. brian sullivan is there right now. >> and he's lucky because it's a great and beautiful place. tell him to go north to the canadian border and see some of the most beautiful land in america. >> you bet ya. >> okay. >> oh, stop. >> okay. okay 90 people. that is -- everybody knew everybody else >> we were all related for goodness sakes >> you're all related. hopefully you went elsewhere to find a husband anyway thank you, senator >> he's from eldridge. >> he is all right. maybe not far enough away. is this me or you? >> you >> coming up in the next hour, we'll head to the petroleum conference in senator heitkamp's home state that's where the aforementioned brian sullivan will sit down with legendary oil titan harold hamm that's at 10:00 a.m. eastern time >>> coming up, we'll show you a language learning app and the product is free. cnbc disrupter duolingo will join us aftethbrk.r e ea in these turbulent times, do you focus on today's headwinds? or plan for tomorrow? at kpmg, we believe success requires both. with our broad range of servic

account today. >>> welcome back to "squawk alley. brian sullivan is in washington at the event. >> nra, 80,000, 100,000 attendees. they'll hear the vice president and the president tonight. the biggest meeting ever and arguably the most contentious as well after the parkland shooting, of course, there's been a renewed debate about guns bill in congress put together by democrats, hr 5087 the assault weapons ban hasn't gone anywhere. contention around this industry as well. we're here to talk about the business side of this industry, guys if you think about it, you've got about 6 billion in direct spending, 21 total billion, 150,000 jobs that are created by this tonight, the president is going to come back here. he will try to continue with the support of this very important organization for the gop in fact, remember, after the parkland shooting, the president making some moves, talking about outlawing so-called bump stocks, which would make a rifle effectively an automatic weapon. the president did that, took some heat from even his nra supporters he will come back tonight, try to reinv

. >>> sticking with the oil beat, brian sullivan joins us from an energy and oil conference in houston. he's got a look at what's coming up next. >> yeah, david, thanks very much the market has been red hot. we're at a conference call, the hotter than hell conference. that's the real name first ever cnbc interview with the president and ceo of occidental petroleum things sore good in texas that they may roll over we'll dive into the o ceof occidental right after this. there's nothing small about your business. with dell small business technology advisors you get the one-on-one partnership you need to grow your business. the dell vostro 15 laptop. contact a dell advisor today. >>> welcome back to "squawk on the street." from post 9 at the new york stock exchange one hour into trading, a mini rally going on for stocks. the dow is up 47 points led by names like apple and nike and walmart. the 3m is a drag s&p 500 up 0.3%. tech strong today with the nasdaq up 0.5% consumer discretionary one of the better performing groups on that macy's beat >> watching oil, producers could be facing a rou

near peak levels. brian sullivan will give us a live report from the ground. >> we came here to talk about oil. but when you're in this amazingly beautiful state, you can't ignore the other natural resource the bison. more from north dakota when cnbc continues. so, my portfolio did pretty well last year. that's great. but the market was up nearly twice as much. that's a tough pill to swallow. exactly. so i started trading. but with everything out there, how do you know what to buy? well, i think my friend victor has just the thing for you. check this out, td ameritrade makes it easier to find the investments that might be right for you. like our etf comparison tool it lets you see how etfs measure up to one another. analyst ratings and past performance... nice. td ameritrade also offers access to coaches and a full education curriculum to help you improve your skills. that is cool. and if you still have any questions you can always chat with us on facebook or call our experienced service team, 24/7. yep. just because you're doing it yourself doesn't mean you're on your own. that's gr

sullivan is in bismarck with the u.s. interior secretary ryan zinke take it away >> david, thank you very much. i thought that long boat key, florida, was a ways away but here we are in bismarck with secretary zinke. thank you for joining us on cnbc. >> great to be with you. >> we yesterday got a pretty cool opportunity to go out in the middle of north dakota on a drilling rig with the governor and ceo of the continental resources and impromptu dialog and talked about the need for energy infrastructure. energy infrastructure is part of infrastructure as a whole, something your boss, the president of the united states, has promised do you believe that we still on track to getting an infrastructure package passed this year or next year that will include energy >> i think we will focus on infrastructure it's not just about the, you know, the government funding part some is about permitting you look at some of these bridges, some of these have been languishing for 17 years and a lot of the process is looking, streamlining regulation, the president for every regulation put in, we've removed 22

," i'm dominic chu. brian sullivan is on assignment. let's check the early market action as you can see behind me, some of the futures picture points to a more mixed open. fractional gains and losses for the major indices. the dow slated to open up 2 points, the s&p by a single point. the dollar hitting at the highest level of the year. if you look at some of those moves, we are seeing a pullback from those levels. dollar weakness across the board for the major pairs. euros now, 119.78. dollar/yen, 109.64. the pound 1.3573. courtney mentioned tesla, we have spotify and square down big right now. kraft heinz a bright spot. we'll have more on all of those names coming up. >>> thank you very much. we're following a developing story out of china a u.s. trade delegation led by steven mnuchin arriving in beijing for key tariff talks let's get to eunice yoon live with the latest. >> thank you very much secretary mnuchin and his team are in meetings with the chinese after a briefing with the u.s. ambassador the team was greeted by the vice premiere and the chief of the chinese delegation, a

day! plus, stephen welcomes james comey and musical guest jason aldean. featuring jon batiste and stay human. and now, live on tape from the ed sullivan ea

with the terre haute police department for the past 16 years and with the sullivan police department for six years prior to joining the force in terre haute. he was also a member of the special response team and u.s. marshal's task force. i want to extend my deepest sympathies and condolences to the family and friends of officer pitts, especially his three children, brooke, austin, dakota. law enforcement personnel across this country go to work every day to serve and protect our communities. these brave men and women risk everything to keep our cities and our families safe and secure. events like these are somber reminders of what heroes who stand on the thin blue line and their families sacrifice on our behalf. mr. speaker, i yield back. the speaker pro tempore: pursuant to clause 12-a of rule 1, the chair declares the house in scheduled for 2:00 p.m. eastern. we'll have that for you live when he starts on our companion network c-span2. today is primary day in a number of states. here's a look at the race in west virginia. nia race, we turnw to jake of

sullivan thanks for watching. let's get you up to speed on the top headlines. president trump welcoming home three americans detained in north korea. he greeted them at joint base andrews a few hours ago. speaking to reporters from the tarmac thepresident says their return marks a great night. >>> ford halting production of the f-150 pickup truck after a fire knocked out production at a supplier in michigan 7600 auto workers will be temporarily laid off. >>> and leon panetta slamming america's decision to pull out the iran deal. >> i think in large measure we lost our leverage in terms of getting iran to the table. iran has no incentive really to sit down and negotiate on anything so my concern is that in that vacuum we are left with a negotiation which is not likely to happen or some kind of potential military confrontation in the future. that's a lousy choice. >> you can find out more about these stories on our website. >>> let's turn to the markets and your money we put out a twitter poll yesterday asking what is the most important money story right now? is it the strong economy, hig

sullivan future rinsedy ka eare indicati markets are set to open higher we'll have much more on the markets coming up. first we have a big development in the ongoing saga for control of cbs the company is now postponing its annual meeting, this after cbs's board moved to dilute the voting power of its biggest sharehold shareholder. let's get to leslie picker >> there's a lot to unpack here. today is supposed to be cbs's annual shareholder meeting, but late last night the company postponed it in the accelerating war between most of the board led by ceo les moonves and shari redstone i was outside cbs's headquarters last night as the board was meeting inside we saw several board members walk in. they voted to approve a special dividend that diluted redstone's voting power to 17% from 79% the board said if consummated the dividend would enable the company to operate as an independent non-controlled company and more fully evaluate strategic alternatives redstone is the controlling shareholder for cbs and viacom and has been seeking to combine the two companies. a delaware judge yesterda

to silence your cell phones and invite ambassador sullivan to come make some preliminary remarks. thank you. youssador sullivan: thank very much, barbara. good morning. good afternoon, ladies and gentlemen. it is seven minutes past 12:00 so it is no longer the morning. i will not hide from you that it is with a slightly heavy heart that i take the stage this morning. this is never where we had hoped we would be. maybe we should not be entirely surprised, but that does not stop me from feeling the need to express my extreme disappointment at where we now are. we deeply regret the decision that president has taken. maybe we should not be entirely surprised. usis something we feel puts in a very difficult situation. around nucleare deal as -- or the iran nuclear deal as many of you know is perceived by the europeans and the broader community is a strategic multilateral agreement. by the national security council and most importantly, and this is usually hugely important to say over and over. it is serving the purpose for which it was designed, which was three event around from every

the world that you may be watching i'm brian sullivan it is a very busy global tuesday for you and your money we'll start with the likely drop for u.s. stock investments at the open the dow implied open is down 216 points the yield on the ten-year treasury note well back below 3% the dollar rising against the euro it's all because or mostly because of italy the country's president blocking the nomination of a euro skeptic finance minister there are now growing concerns that italy could face yet another election the italian stock market is down nearly 3% or actually a little more than 3% on the news selling is heating up. the italian bond market is the top story today, reacting in a big way. that chart is not wrong. look at that italian two-year note yield what does that signal? it means that risk for italian debt is growing rapidly. that note yield at the highest level in five years. it's the biggest intraday jump today since 1992 italian banks are selling off as well there's concern that could infect the rest of europe. we have coupled this on top of the deutsche bank issues, whic

morning welcome to "worldwide exchange." i'm seema mody, brian sullivan is on assignment today let's check on markets following yesterday's big rally. the market is set up now in premarket trade, setting up for another positive day with the nasdaq up 22 dow jones up 47. the s&p 500 is higher by 5 let's look at the global market situation. a quiet session overnight in asia markets in hong kong and south korea are closed you can see the shanghai is flat on the day in australia stocks closed down by 0.7%. and the japanese nikkei lower by 0.2% let's look at early trade in europe the dax higher fractionally. france, the ftse 100, italy and spain seeing minor gains we'll keep a close eye on the heightened political uncertainty out of italy those two populist or anti-establishment parties picking a prime minister still learning more details on this individual, but that's something to keep in mind. as for the broader markets, look at oil a very interesting set up with somewhat of a disparity between wti crude and ice brent crude. a discount, if you will, with wti trading at $72.66. ice brent

all this demand we sent wilf outside with tim sullivan, wilf. >> indeed. tim is here. thank you very much for having me in this extraordinarily big rv >> my pleasure >> i'm 6'5", and there's room in here >> plenty. >> enormous. we had a look here and in the bedrooms walking down a bit to pan it out. this costs how much? what are the measurements? >> this is 700,000 dollars >> not cheap >> not cheap it's the highest end that we do have as you look at the hopeful range, we have totals that start at $6,000. all up to $700,000 the industry has everything covered. any price point you want or need, we have it >> $700,000 is a second home so there's mortgage home tax reductions why do people buy this first home, second home, or billionaires of the world? >> it's not for the billionaires very popular with people when they retire. they basically sell the home and live in it they travel around the country in these the other use that we have very popular, race teams, we're soer associated with temperature pensky, and very popular for those types of weekends where you want a full house to live i

. welcome back thank you for being with us on cnbc i'm brian sullivan we have breaking news on one of vladimir putin's most vocal critics and a familiar face to our audience bill browder says he has been arrested in spain. about an hour ago he sent out this tweet reading urgent. was just arrested by spanish police in madrid on a russian interpol warrant going to the station now he then tweeted himself in the back of a police car spanish police responding saying browder has been released and the russian warrant had been expired. we'll continue to follow this developing story and hopefully get in touch with bill at some point today on cnbc. >>> here's how your money and investments look now on a busy wednesday as we are halfway through the 5:00 a.m. hour stock futures are up about 100 points, that's cold comfort to what happened yesterday when we lost a couple hundred points on the dow jones. >>> a bigger story now is the bond market. yields which ticked above 3% are back down. at 2.84% the chaos overseas is bringing buyers back into bonds which are bringing interest rates done markedly

it's friday, may 25th and "worldwide exchange" begins right now. >>> happy friday i'm brian sullivan you can see the new york city police department's first precinct where at any moment disgraced hollywood producer harvey weinstein is expected to turn himself in to police on sexual assault charges this would be the first criminal charge brought against weinstein since scores of women came forward and accused him of harassment or assault. weinstein denied any wrongdoing. contessa brewer is there we'll hear from her in a moment. >>> to a developing story overseas, north korea offered a rather measured response to president trump's decision to call off next month's summit with kim jong-un let's get to eunice yoon live in beijing with more. >>> thank you very much. north korea left the door open to rescheduling the summit in a statement on the official news agency, kcna, the north koreans described president trump's decision as unexpected and they said we are willing to sit face-to-face to resolve problems at any time and in any way. i spoke to one diplomat here he said that we're now in

dominic chu brian sullivan is on assignment today. >> let's check on what's leading on cnbc.com. the trump administration launching a national security investigation into car and truck imports, this could lead to new u.s. tariffs similar to those imposed on steel and aluminum in march. china responded it will defend its interesting. >>> deutsche bank cutting thousands of jobs. the german lender will cut the headcount from 97,000 to well below 90,000, that move will cost the company nearly $1 billion. >>> we have new numbers on uber. the ride hailing company announcing a tender offer from new and existing investors, pulling the value at $62 billion. uber also told saddam husseeas t revenues of 2$2.5 billion in th first quarter. >>> futures are slightly negative the dow jones would open down by 28 points. the s&p just about flat. the nasdaq down -- up now by 6 points on the treasury side of things, we mentioned that 3% level, very much in play for the ten-year u.s. treasury note 3.01%. taking you to the two-year, 2.53% the last trade there >> let's look at the asian equities we've seen