CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=8f197ace9362832b1f28a55487a6a40410810519e4bd48d755cf80b2df7e30b178847029727f1999f30349f936d6ab8fede05eae4f60bdb636dfce2e992a18d6f606fe476da37e93 here. https://click.response.cnbc.com/?qs=41c0b13a2368ed380247944d0490efa52d2ce8f3020ad9dea19352339743b2e3b27f26a7acde1633ec33332df837178e58b7921490dd9e1e Futures were lower this morning, but as we've seen in recent weeks, this is a poor indicator of where the market might be at the close. Dow Jones Fut 25,219.38 Current:25,071.00 Change:-165.00 Impl. Open:-135.38 S&P 500 Fut 2,732.22 Current:2,717.50 Change:-17.50 Impl. Open:-14.12 NASDAQ 100 Fut 6,770.66 Current:6,740.75 Change:-46.00 Impl. Open:-35.91 Russell 2000 Mini 1,543.55 Current:1,532.40 Change:-11.50 Impl. Open:-11.55 Quotes as of 2/20/2018 8:00:23 AM ET BY THE NUMBERS U.S stock futures were sharply lower this morning, but as we've seen in recent weeks, futures have been increasingly poor indicators of where the market might be at the close. The Dow and S&P 500 are riding six-day win streaks and each has recovered about two-thirds of its losses from the recent correction. (CNBC)- Markets are about to experience a 'worrisome' thing investors haven't seen since 1946 (CNBC) Three Dow components are in the headlines this morning, starting with Walmart (WMT), which reported Q4 earnings that missed expectations, sending shares more than 2 percent lower in pre-market trading. Its revenue and same-store sales were better than expected, however. (CNBC)Home Depot (HD), whose stock was moving higher, reported fiscal fourth-quarter earnings and sales that topped expectations, as more shoppers flocked to its stores and rung up bigger tickets. It also raised its quarterly dividend by 15.7 percent to $1.03 a share. (CNBC)Apple's (AAPL) shares were under some pressure after a report said Samsung will slash output of OLED panels in response to weak demand and a cut in production of Apple's iPhone X. Japan's Nikkei news service said Samsung will produce about 25 million fewer panels. (Nikkei) Rite Aid (RAD) stock soared 23 percent in the pre-market after grocery chain Albertsons said it plans buy the remainder of the company that isn't being sold to Walgreens (WBA). A combined Albertsons and Rite Aid would have revenues of $83 billion. (CNBC)- Qualcomm set to raise its bid for NXP to $44 billion (WSJ) https://click.response.cnbc.com/?qs=41c0b13a2368ed38700e7765ba4cc018fe3633a2be8d8a4cb712e1767c6b4b30c9a508ad52cd5eba636369e0142d75f749d1f2f73cd7f253 https://click.response.cnbc.com/?qs=41c0b13a2368ed38988c78183ad8afbd8110b1ff332667cd71ee263f33745cfcb363d0dcb465e373bd820232ce5f0783de3100f7de2d7678 https://click.response.cnbc.com/?qs=41c0b13a2368ed38e5a2327abd639bd9c4bd621c7cc1b9a33df228cbc3676d26b4cdb7c442b5ef06fab2fa718ec40c685ed8c723f52d8f01 $(document).ready(function($){ $('body.mobile-native .group p').each(function() { $(this).html($(this).html().replace(/\- /g,"• ")); }); });   setTimeout(function(){ var aBody = document.getElementById("article_body"); var aDeck = document.getElementById("article_deck"); aBody.insertBefore(aDeck, aBody.firstChild); $('body .group-container .subtitle').css({'border-bottom':'4px solid #CCD6DB', 'padding-bottom':'10px'}); $('.embed-container').css('cssText', 'margin:0 0 0px;width:100%;'); $("body.mobile-native .group p").css("border-bottom","1px solid #CCD6DB"); $("body.mobile-native .group p:last-child").css("border-bottom","none"); $("body.mobile-native .group-container .subtitle").css("margin-bottom","0px"); $(".mobile-native article p, .mobile-native article ul, .mobile-native article ol").css("padding","30px 0px 30px 0px"); $("#article_deck").css({'border-top':'none'}); $('.story-top').css({'border-bottom':'none'}); }, 200);     IN THE NEWS TODAY President Donald Trump endorsed Mitt Romney's run for Senate in Utah. The endorsement came as a surprise to many, as the former Massachusetts governor has been a frequent and harsh critic of Trump, and the now-president has called Romney "a total joke." (CNBC)- New Pennsylvania map gives Democrats big boost in midterms (Politico) div > div.group > p:first-child"> Small-business confidence is surging in 2018 as optimism rises among small-business owners about the newly-enacted tax reform package, a CNBC survey shows. Half of the small-business owners are now expecting to see tax cuts this year. - Tax overhaul gains public support, buoying Republicans (NY Times) Stoneman Douglas High School students are heading to Florida's capital today to urge lawmakers to act to prevent a repeat shooting massacre that killed 17 students and faculty. The students will put pressure on the legislature by holding a rally. (AP)As corporate America espouses "social responsibility," the financial industry could help limit sales of assault weapons, CNBC's Andrew Ross Sorkin makes the case in his weekly New York Times column.- Florida shooting suspect returns to court for hearing (Reuters) - Russian bots moved to exploit the Florida shooting (NY Times) - Most Americans say Trump, Congress not doing enough (Washington Post) The Pentagon will likely announce its new policy on transgender people in the military after six months of legal battles. Several federal court rulings prevented the Pentagon from implementing a ban on transgender troops after Trump first tweeted calling for a ban. (USA Today) Tokyo-based Sony (SNE) announced today partnerships with several taxi firms to start a ride-hailing service in Japan. And then, hours later, Uber's CEO Dara Khosrowshahi signaled his company's intention to expand further into the country. (CNBC) Fox News is plotting a leap from traditional cable into an uncertain digital future as consumers move away from satellite packages, according to a New York Times report. Fox News has defied the downward trends, notching its highest-rated year in 2017. Disney (DIS) and Marvel Studios' "Black Panther" posted the fifth best U.S. opening of all time, earning an estimated $192 million from Friday through Sunday, besting the likes of the Iron Man, Batman and Superman. The blockbuster movie is on pace to earn $218 million including Presidents Day. (CNBC) STOCKS TO WATCH General Motors (GM) has offered to convert $2.2 billion in its South Korean operation's debt into equity, in exchange for tax breaks and other benefits from the Seoul government, according to a Reuters report. The automaker announced last week that it would be shutting one of its four South Korean plants and would soon decide the fate of the others. BHP Billiton (BHP) reported a 25 percent jump in profit for the first half of its fiscal year, but that was short of analyst forecasts. The mining company also announced a dividend hike to 55 cents per share from 40 cents. HSBC (HSBC) reported a lower than expected annual profit, although the banking company's earnings were more than double year-ago levels. HSBC also announced a plan to raise up to $7 billion over the next four months to boost its capital levels. Cardinal Health (CAH) was sued by the state of Kentucky, which has accused the drug distributor of failing to halt or report suspiciously large opioid orders. Cardinal Health said it cared deeply about the opioid crisis, that litigation is not the answer, and that it would defend itself vigorously against what it called baseless lawsuits. Yum Brands' (YUM) KFC restaurants in the U.K. have been facing a chicken shortage, due to logistics problems with new delivery partner DHL. The problem caused KFC to temporarily close hundreds of its U.K. restaurants. WATERCOOLER The U.S. men's Olympic ice hockey team will advance to the quarterfinals after defeating Slovakia 5-1. Ryan Donato scored twice to help the U.S. win over Slovakia, while Troy Terry picked up three assists and Ryan Zapolski made 22 saves. Here's the medal count. (NBC Olympics) CONTRIBUTORS https://click.response.cnbc.com/?qs=41c0b13a2368ed38ee829b9d97cab1f09a7d3d9bb65a66eb797d8c1311dc40b347cda01ccff86c0cbf1c4dee5a62201a392bd4e169f28a0a24bb08f472dc5ec7 https://click.response.cnbc.com/?qs=41c0b13a2368ed38ee829b9d97cab1f09a7d3d9bb65a66eb797d8c1311dc40b347cda01ccff86c0cbf1c4dee5a62201a392bd4e169f28a0a24bb08f472dc5ec7 Berkeley Lovelace Jr.News Associate https://click.response.cnbc.com/?qs=41c0b13a2368ed38f158e57f6fa553ea54ec607c3299eccb413cd8e865e85d505654beb7fb898d8b3601895878f3d3a2131f627338705a283bdee5019a0dc7e9 @BerkeleyJr https://click.response.cnbc.com/?qs=41c0b13a2368ed386841f6f460a3902819a7e2db37d88d9180fe3f58854d7ec1b4b2415259ee1147d07bff905313f5e0f8918712091c12ec https://click.response.cnbc.com/?qs=41c0b13a2368ed386841f6f460a3902819a7e2db37d88d9180fe3f58854d7ec1b4b2415259ee1147d07bff905313f5e0f8918712091c12ec Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=41c0b13a2368ed38dde174e6c149fbb0b81c027f99e8100b3bb57316ee2df655a801c30145eeee902be043f812121fe2b2683583a2590fa4 @peterschack Feedback We value your input—use https://click.response.cnbc.com/?qs=41c0b13a2368ed389f18c5344eac53e9b9485e0fe039b121ce8c7f54052c847fd232602ef4bc92e7e38ad367b9c433b7b745367fa28af6eb our simple form to let us know what you think. 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