ADP jobs data and the Fed could push Wall Street off the fence
To view this email as a web page, go to the link below, or copy and paste it into your browser's address window. https://view.response.cnbc.com/?qs=3d8dcd842b3392dc4305477d38acd37e760124d0bc13e445ea9870bd5b1d3e54088f41f2f7b5bf602e11a4bfea7ae39de01ae1f736268ed11769537733f51ba8CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=3d8dcd842b3392dc4305477d38acd37e760124d0bc13e445ea9870bd5b1d3e54088f41f2f7b5bf602e11a4bfea7ae39de01ae1f736268ed11769537733f51ba8 here. https://click.response.cnbc.com/?qs=84832d852d7f917bddb427f98081706ca2e470d149c5940b1d033ed2b66cf4a9b57d52438132d84da4cbd99e8107e26395c0fb4151e83d41 https://click.response.cnbc.com/?qs=84832d852d7f917bd42bdedd273bad7b28c65fb93407bb6531eef4544eb660d523bd35caefc7728c38d554a3fd9016739870674428b4072b IN THE NEWS TODAY U.S. stock futures https://click.response.cnbc.com/?qs=84832d852d7f917bb6487bb406ed373189c3b46aa52104bca0dd736466231e467910942e861d7f0e4f834154429a8ce3178dbfe8f724729b were relatively flat this morning after Tuesday's late rally pushed the Dow, S&P 500, and Nasdaq in the green for the day. All three measures were able to avoid three-session losing streaks. But the Dow chalked up just its fourth gain in 17 trading days. (CNBC)JAB, the owner of Caribou Coffee (CBOU) and Peet's Coffee & Tea (PEET), https://click.response.cnbc.com/?qs=84832d852d7f917ba1c2189840adc7d6b6c6c3ad47ed2f903dbe1d07b95f5f1c4aa28d57aee2897b45407054d473890b530692f3cf21add9 has agreed to buy Panera Bread (PNRA) in a deal valued at about $7.5 billion, including the assumption of debt. Panera shares were surging premarket trading. (Reuters) https://click.response.cnbc.com/?qs=84832d852d7f917bb22daca3fd4500ebf04be4931bc75ba46a6bdbbe30a28059b51947b94f3b26a255153f06db5891d24fa44b7dfd34b5d6 Ahead of Friday's government jobs report , ADP releases at 8:15 a.m. ET private payrolls for last month. The ISM's nonmanufacturing index is out at 10 a.m. ET. The Fed at 2 p.m. ET issues minutes from its meeting in March when policymakers hike interest rates. (CNBC)Richmond Fed President Jeffrey Lacker https://click.response.cnbc.com/?qs=84832d852d7f917b68059781ea91103000c8b9fc72e5ed763eb104dd06896d0fb8163e2cc3fc89b2241149c8ab95318d40af0b3a0c187897 announced his immediate resignation on Tuesday, admitting he discussed sensitive information with an analyst regarding the Fed's plans for economic stimulus. (CNBC) https://click.response.cnbc.com/?qs=84832d852d7f917b182c19468d422d4afbeb1ce149dfea7d27e0cd62f494b10f5f4be1829f8091c5923b6f4763c023f9c7c5b46bc594cf5b https://click.response.cnbc.com/?qs=84832d852d7f917b4fed0228793805973a18f657a70d04d08950194a4ac3a8ccc53eba0eb0489dd02b22a6cf612a69acbbafcd7f92dacc37 https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8e217af554cb41e1a07f2023b80afb106b83fff0a1328d7beb795e03a09ae349665fdc136610f6758712a214c3ef18880 https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8479f9dd4c3e0e12b06e50390531bfd84033b300df23de79979afe0dc944a1cd88321b6a73eebf68d4f15bebbf028811e President Donald Trump meets with Jordan's King Abdullah II at the White House today, after meeting with Egypt's president on Monday. Trump hosts Chinese President Xi Jinping at Mar-a-Lago tomorrow. (USA Today)North Korea https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8c7b8eeb68cee54c7e570b9cdc41dfc0fd15addf4f18b3b092bb6cb5f8151d1cab5786edabc2e459067dab14b3c2bf841 fired a ballistic missile today, the latest provocation ahead of Trump's meeting with Xi. Trump is expected to lean on the Chinese leader to help deal with Pyongyang's arms program. (Reuters) https://click.response.cnbc.com/?qs=5cd356e1d2f15cc873945905de9b11b648d0fd07412939fd6f95711a7f4c65ef92a55eabec58306a0b042a4e30fde981b5372e8a84f94b5b Trump condemned a deadly suspected chemical attack in Syria, pinning the massacre on Syria's president. https://click.response.cnbc.com/?qs=5cd356e1d2f15cc87f0034cddd4de1e65e157b4af906e27a0402a4d89783973867ff2c58ae848789e1d03c3501e9b1b52b5916e2d0bf6af0 Russia said the gas leaked from a rebel weapons depot after Syrian government airstrikes. The U.N. Security Council https://click.response.cnbc.com/?qs=5cd356e1d2f15cc89728948d35a10642389382016bb60010a3bd4d45b1887f941df44662a91b9062232ea0b72948942d3e78c99af7dbb610 called an emergency meeting for today.The terror group ISIS in new audio released called President Trump an Arabic term that means "idiot" and said he doesn't know anything about Islam, https://click.response.cnbc.com/?qs=5cd356e1d2f15cc80d02f672e2c115104d416fe8613ff0435178fbaaf0adb136206b3139cfdb013822baa40b168a3ba16e998a1e287f488f according to various translations . (NBC News)Former National Security Adviser Susan Rice https://click.response.cnbc.com/?qs=5cd356e1d2f15cc85483f60305150d7c62ecfeb0314c4342d80d1c1f46a1d9b2e49940761ceee1515c1fd25eaeda93827d1cbe138ca4742d has flatly denied that she sought to improperly "unmask" Trump campaign officials whose conversations were caught on surveillance by U.S. intelligence services. (NBC News)Senate Majority Leader Mitch McConnell insisted Supreme Court nominee Neil Gorsuch will be confirmed this week despite Democratic efforts to block him. McConnell said Republicans https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8028636aa662ef8b1d6954c2ced929b058e91724904c47fd6ebc638bb847bd9fb30f2ce7bbc7943ff43110f8986addc08 have the votes to change the rules if Democrats filibuster. (NBC News)As GOP leaders scramble to salvage their health-care plan, a new Kaiser Family Foundation poll shows a whopping https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8b9d20ad9e7ca809862e67bbd11233866d31bfbc5cd31b8a572a485175746dc88f242b7e8be4c30d6f3c3546f8a1b4e0d 75 percent of Americans , including a majority of Republicans surveyed, want the White House to make Obamacare work. (CNBC) https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8b4ff906c058faf28e0b92ed8a15e1350ce2e03fa7bbe3925372d21e019694bc76e492b255724c7b2a8fd6a87039c57ad In a management shakeup , McDonald's (MCD) is replacing its U.S. marketing chief, U.S. menu chief, and head of its U.S. digital unit. CEO Steve Easterbrook is in the midst of a turnaround plan. (Reuters)Amazon (AMZN) signed a https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8fb0a6b0da77d161f5c4f1e7649649ca6642a6f808fae5e72acebfe243fbfc349dd44440a81ae18bbb34214cc3c813250 $50 million deal to stream the National Football League's Thursday night games for this coming season. That's five times what Twitter (TWTR) paid for the rights last season. (Recode)BY THE NUMBERS After coming off the gates strong in 2017, U.S. employers hired fewer people in March, but year-over-year hiring remained strong, according to the latest https://click.response.cnbc.com/?qs=5cd356e1d2f15cc849d291b57cd9658e8c07e3f7dc11e597131d802f13f0fe28894b08c278e9a9c815d362b7e8aff7309523adb6a36f77e3 LinkedIn Workforce Report .The steep drop in refinancing activity since interest rates spiked following the presidential election https://click.response.cnbc.com/?qs=5cd356e1d2f15cc83f63fa00b74912e898ba4e20e733aedc3219a2b040ada080afc0167a5a5706db94e7a7c5af2903995dde7590a37e2b4e continues to pressure overall volume. Last week, the annual drop came in at just under 15 percent.Retailer Bed Bath & Beyond (BBBY) and restaurant operator Yum China (YUMC) issue earnings after this afternoon's closing bell.Walgreens Boots Alliance (WBA) chain matched estimates with adjusted quarterly profit of $1.36 per share, but revenue was below forecasts. The drug store chain also authorized a $1 billion share repurchase program.STOCKS TO WATCH Wells Fargo (WFC) has overhauled its credit-card processing business after an internal probe found some employees falsely reported customer sales and pushed small firms into costly contracts they didn't understand, https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8aa3f7919448fcd8975e219b7c79f35ebbef2de75d87a29d400cd8a01ee5368030fb8f5ee35a960512f40a6b7b30b43e2 according to the Wall Street Journal .The U.S. unit of Credit Suisse (CS) and a former investment adviser agreed with the SEC to pay about $8 million in fines over the alleged collection of about $3.2 million in avoidable fees over a five-years. Syngenta's (SYT) purchase by state-owned ChemChina has been approved by US regulators, subject to the combination selling some of its businesses to avoid anti-competitive situations.GlaxoSmithKline (GSK) is voluntarily recalling more than 593,000 Ventolin asthma inhalers in the U.S. due to a defect that may cause the devices to deliver fewer doses of the medicine than indicated.WATERCOOLER An ad for Pepsi featuring model Kendall Jenner handing a can of soda to a police officer at a peace protest https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8dba9d9da7c9c8beb89a0aa81043bac28d39054a1bffd073b785b0ef259fa85d399afae385d502150dc13a669b8bcb6c7 has sparked a backlash online . (CNBC) CONTRIBUTORS https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8feae6db907b2cb0bbb54a3f0f9c6dcc5eb6315ba171fba43046a507f88dbef0c9dadb3d04235617b9cfc18e750ca4dad https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8feae6db907b2cb0bbb54a3f0f9c6dcc5eb6315ba171fba43046a507f88dbef0c9dadb3d04235617b9cfc18e750ca4dad Matthew J. BelvedereSenior Producer https://click.response.cnbc.com/?qs=5cd356e1d2f15cc82e58b4ecc496f8dcdbcf57fe45c542d99a428811b3e44d75fa714728d7e4b8422ea0e896bc06bc0c715663bce6bf0e82 @Matt_Belvedere https://click.response.cnbc.com/?qs=5cd356e1d2f15cc86fae9113f5aeaeca7eaf90376b581f02674bfec4e540f163f0f33d6fbd7e938e396b0f9c8193aec0b470fbea13ac41b7 https://click.response.cnbc.com/?qs=5cd356e1d2f15cc86fae9113f5aeaeca7eaf90376b581f02674bfec4e540f163f0f33d6fbd7e938e396b0f9c8193aec0b470fbea13ac41b7 Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8fc5d1f8ef931a174b542fed5556972c13d64ee8d15c764bb5109d24e51ec7f8e5d8f02088d87a630f5bfe264426d8b3d @peterschack Feedback We value your input—use https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8dc2597a1d269247e69b4ac7377054324419040b9181399c66e901ddad096d1452701fe41fe8cfb861e6661271f5e5d53 our simple form to let us know what you think. Click https://click.response.cnbc.com/?qs=84832d852d7f917bddb427f98081706ca2e470d149c5940b1d033ed2b66cf4a9b57d52438132d84da4cbd99e8107e26395c0fb4151e83d41 here for Real-Time data and top stories on your desktop or mobile device. https://view.response.cnbc.com/ftaf.aspx?qs=3d8dcd842b3392dc4305477d38acd37e760124d0bc13e4453cbf4a6a93d94702c815a579b2a0a17f https://view.response.cnbc.com/ftaf.aspx?qs=3d8dcd842b3392dc4305477d38acd37e760124d0bc13e4453cbf4a6a93d94702c815a579b2a0a17f Send this email to a friend https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8089a3b7dc83803ca5193fc7753417326897bf80afaae16068480934ca76c97d741f06f5d7ebce6ac6cc8ddb97837b68d https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8c075494088f090399f84faddbd95b8952332b95981b9d0572dfb766a16a0367b80f004dbe72aecf2dd1cb0bdcda16167 https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8e71658806d361b94a900e33de00c7ab5d14cbc3d9df9f98100adafde06e37b5b640554b4d49460de2e3089a75be77ece https://click.response.cnbc.com/?qs=5cd356e1d2f15cc870387f0e301b6885ee1e95d653b4cec8445e871dee5fc634fc23f3113023d474aa97b8daa0846341ef912ffc742339d8 https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8510d3169d2bc124d095fd7be8f84bf5175b34413d8772d2a3c4d4c3d3810bdb91b7c04c1077d7f1f5305d042bb5ae255cc60964114360346 Unsubscribe https://click.response.cnbc.com/?qs=5cd356e1d2f15cc87dc18c3ee80d65ed2ceb5738d917e705edca78e2c75ac1c83983ea84b3e5f9c9e3e0efab14f90f97158f3359a23fe700 Advertise https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8628245828540158ebb5b00266faba3febc7d39d2d9229f74f231b6c75853315d533c06721512da7d7f9f0d93104a3145360353bdb1a5cd97 More Newsletters https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8b73e6033adc0e25363e1d1f36f62854b20fbc80bd07693b8e14b416d69a3d46b487b91c181f00163a2b2c7d2274494d4 Digital Products (c) 2015 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 To ensure delivery to your inbox, please add mailto:[email protected] [email protected] to your address book. ---------------------------------------- This email was sent by: CNBC 900 Sylvan Ave. Englewood Cliffs, New Jersey, 07632, US We respect your right to privacy - visit the following URL to view our policy. ( https://click.response.cnbc.com/?qs=5cd356e1d2f15cc8ff355a91cf12d1a8c5a5cc17d7078d2969b2b3f3ec5ac6f758df8831e9402a34e51b56c1bd148dc898d8f2a0f199d206 ) ---------------------------------------- Visit the following URL to manage your subscriptions. ( https://click.response.cnbc.com/subscription_center.aspx?qs=7c447fea08a0d40c45649352ef97402a7e0633cac86b854e3f5790153485ac2692fceb819b49a0f1ef0b42482f4f12904b0595ad6b08a2a1 ) Visit the following URL to update your profile. ( http://newsletters.cnbc.com/ ) Visit the following URL to unsubscribe. ( https://pages.response.cnbc.com/page.aspx?QS=330c754b5e92df7418aaa25241be78348557788e50e697ae&sid=40000001 )