us. >> thank you. >>> chairman of the house ways and means committee. >>> let's send it over to seema moodye. what is happening there, seema? >> well, we have our eye on shares of palo alto. earnings beat expectations. the revenue a bit light at 398 million. that's below wall street consensus. if the revenue guide is what investors are focused on coming below forecast, that is hurting the stock here down 14% after hours. kelly? >>> all right. that will leave a mark. seema, thank you. what do you make of what is happening in palo alto right now? >> software security is controversial this year. this stock had a nice recovery from 125 up to the 160 level. so i can see that you have to have a beaten raise if you want to rally that much. i don't think software security is dead. i think this is the very best one. if you wanted to own the space, this is the one i think you slowly pick at. but certainly not tomorrow because let the dust settle a bit. but in 12 months' time the stock is higher because the trend is still there. >> and a consolidating industry as we saw today with symantec making a bi

i'm wilfred frost alongside with seema moody.ast week a strong rally around 5% for the week as a whole. so we are higher. there was risk on the confirmation of donald trump's election victory, but there was differentiation within it. for example, financials are up some 11%. goldman sachs leading the charge up 16%. but utilities suffering and they were down around about 4%. we're higher again today by about .4% to .5%. we'll look at european trade right now, last week the main gainers were the exporters, the likes of the german exporters, the dax was up 4%. the french index was up 2.5%. the ftse only up .5%. we are continuing in positive fashion with france up just over 1%. asian trade the best performer last week was the nikkei and it is again this morning. excuse me, because we have had japanese correlation between the nikkei and the yen up 1.7% this morning. >>> another week for commodities with copper gaping 10%. gold was lower. oil interestingly enough settling at the lowest level since september 19, 2016. and here on monday,

i'm wilfred frost alongside seema moody. good morning. >> great to have you with us.et's check in on global market action. we're pointing higher but not too much. about 30 points for the dow, s&p by five points, the nasdaq by 11. we continued higher yesterday. the dow hitting another all time high albeit the gains were smaller in size than we've seen last week with some of the post-trump davis ralys rally. financials thread way. sixth positive session in a row and tech continued to suffer. that was the weaker sector down over 2%. let's have a look at european trade. it was slightly higher yesterday. mixed today. we have had european gdp numbers out. germany itself was a little disappointing. why it's up only ten basis points. the survey showed some signs of positive sentiment with the forward looking gauge as opposed to the backward looking one. overall european gdp at 0.3% quarter on quarter was in line with expectations. ftse 100 up almost 1%. uk inflation softer at 0.9%. it had hit 1% last month. the pound has suffered today a little bit and that's why the ftse 100

i'm wilfred frost alongsid alongside seema moody. your last day here. why are you running off?> time to go back to london for the weekend. >> little brexit update. let's check in on global market action. yesterday, seven straight days of gains for the dow. albeit it was the relative underperformer. up about 3%. energy was the top performing sector. that came as wti rallied 5% on hopes that opec will deliver its production cut. opec meeting at the end of this month. european -- first, futures just about flat this morning. european trade is slightly soft. just gained a bit of impetus in the last half hour. we are pretty much flat across the board when you balance out italy and spain's gains to germany, france and the uk's losses. asian trade is slightly negative for the markets, apart from the nikkei which is up nicely 1%. the yen is the only real mover against the dollar today. it is softer again by a half percent. that allowed the nikkei to rally 1% today. >>> let's look at the oil market, a number of energy ministers from opec likely to meet in doha at the end of this week to