Wall Street looks to add to all-time highs as the new week begins
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=bf1f0b4aaadaf9e34576bd270398458843066665ef7f2926c09e8e3ffcb21f11972a650bac81e74a2549789413f902a32c0f9058a843518276cb0e4de56e3b34CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=bf1f0b4aaadaf9e34576bd270398458843066665ef7f2926c09e8e3ffcb21f11972a650bac81e74a2549789413f902a32c0f9058a843518276cb0e4de56e3b34 here. https://click.response.cnbc.com/?qs=ec79d8026baa3b13d734078c7ca147e086aad6ca634f79308c95b29bedb124297009d099c20bd95f90fc784722181fc67a3e2a7037393d3f Dow Jones Fut Close:22268.34 Current Future:22273.0 Future Change:54.00 Implied Open:50.66 S&P 500 Fut Close:2500.23 Current Future:2502.0 Future Change:4.75 Implied Open:3.72 NASDAQ 100 Fut Close:5988.0 Current Future:6004.5 Future Change:9.25 Implied Open:11.50 Russell 2000 Mini Close:1431.71 Current Future:1434.2 Future Change:1.80 Implied Open:2.74 Quotes as of 9/18/2017 7:51:30 AM ET BY THE NUMBERS U.S. stock futures https://click.response.cnbc.com/?qs=ec79d8026baa3b13269c2ba7a4df34e8e04f4c5aab9ec29d6397604229e51f19d4f2f629950a7863768f9f899af7fd75f176bc59a5c22055 were higher this morning , as investors look to the Fed's two-day September meeting which begins tomorrow. Most market participants do not expect a rate hike to be announced , although the central bank is projected to announce the start of its unwinding of its massive $4.5 trillion portfolio. (CNBC) * https://click.response.cnbc.com/?qs=ec79d8026baa3b13f25cb64eecfa123c37d931c366658219c8d12d577a72f853084fe6a92c8f4245ae1556fcffb90dd124ff490193f0523a The Fed is about to take a historic step, but here's what the markets care about more (CNBC) * https://click.response.cnbc.com/?qs=ec79d8026baa3b1320fdce5c50833a531565e583a7f037321056ed59a43909f7fd5260139a211de1e367fa475a1eb610ad1f13067f5ae4ae After an 'incredible run,' copper prices could be petering out (CNBC's Trading Nation)More than three quarters of respondents to this quarter's CNBC Global CFO Council poll said President Donald Trump https://click.response.cnbc.com/?qs=ec79d8026baa3b13bfa98cb1b57500aec1658364303388de928d82d461734c6d42190a2a0e2ee222dd5b6ba4a8c6d90a2b332d4e7186ca72 deserves at least some of the credit for the stock market's run in 2017, with about 17 percent saying he deserves "most of the credit." The Dow and S&P 500 closed at record highs on Friday.Expanding its focus on military aircraft, Northrop Grumman (NOC) https://click.response.cnbc.com/?qs=ec79d8026baa3b132832e0e08db902227ae7c42448b44c430e8f598cca3669f74c6fd0a95acb5d8c634b28edecf2505141083e675ce81f02 has agreed to buy Orbital ATK (OA)for $7.8 billion in cash, about a 22 percent premium to Friday's close. In turn, Orbital shares were about 20 percent in the premarket. (WSJ) https://click.response.cnbc.com/?qs=ec79d8026baa3b138458deb91c7a4a7fe6c3a8ace6d4d823744ca6403036ef7e22b879315c8062f4ef55d4527842a5da9c02d8e43ac0783f https://click.response.cnbc.com/?qs=ec79d8026baa3b13995807fb1aa240bb153f5c1605bd44b97612029f9277fd35a263518a268ddd42140f791727672a13fd5ee4b1805a5dfb https://click.response.cnbc.com/?qs=ec79d8026baa3b13201d8823d49afff183582110193ed8a0fd00ee54e2b9d22b67b981a9acf74b6f66c3a0e9f02d9e5877d3de4ae86c5275 IN THE NEWS TODAY A second powerful storm in as many weeks was bearing down on a string of battered Caribbean islands, with https://click.response.cnbc.com/?qs=ec79d8026baa3b13c85b3e1621783c8d53c946831e0a8361b4c9761dc9ed642b523079ea29cbeccae045494d1d99d19150e7fcaa3d9f12f1 forecasters saying Maria would strengthen rapidly into a major hurricane as it rips into the Leeward Islands on toinight. (Reuters) * https://click.response.cnbc.com/?qs=ec79d8026baa3b13bd994eb1b3baa784d697130dedba46c2b0a99549b7c03fb54841e61c0456bc9e1e276f4db1b70347facede28fbc00383 The US East Cost could feel a weakened Jose this week (Weather Channel)President Trump https://click.response.cnbc.com/?qs=ec79d8026baa3b13acf8a443d8b5051bc8175aa2a01f60f67a52899a041623b1c4ecfd1454a59b8b54be8233dad2114505304df60977562d will address the U.N. in New York this week as North Korea's nuclear threat looms. North Korean diplomats will have a front-row seat in the U.N. General Assembly for Trump's speech tomorrow, which will touch on the crisis that has seen Trump and Pyongyang trade threats of military action. (Reuters) * https://click.response.cnbc.com/?qs=ec79d8026baa3b13819c1d9d6814baef33c5b59280ab806a4f2561d2eac2d01f0bbba022691ff35c43d34277d692fb46d8be9e12c7c30e77 Trump, Nikki Haley to share US spotlight at UN gathering (Reuters) * https://click.response.cnbc.com/?qs=ec79d8026baa3b13311d2c509b6d99f74e4da38d2073ee957501b842f02f9d582f01307d7d4eb4883bebce016d4e571f07bd656ef7216e51 As Trump heads to UN, advisors say North Korea hasn't fully felt sanctions yet (CNBC) * https://click.response.cnbc.com/?qs=ec79d8026baa3b13e12d2a4e84c42bef9b15eb1ebf0d4474fac8db28d5fe4577d1b078aa3e34840f1ba37d4df664d7db204da35c833c3ec6 Trump has three goals at the UN ... here's why one of them is unusual (CNBC)White House economic advisor Gary Cohn is expected to outline the administration's https://click.response.cnbc.com/?qs=ec79d8026baa3b13fa2bc8224f2c3ae556ab38bca1e3488d5910281424f87e438a596130beb5739a81042b5b0760d4147a53e152079d1e65 proposal to reduce greenhouse-gas emissions while restating that its stance on the Paris climate accord has not changed. (WSJ)Germany's largest bank https://click.response.cnbc.com/?qs=ec79d8026baa3b13c859b7d6185486173ab2edda95a178c727d02f70794f167a1881e135b4bc3ecbe1e2586d86de0f22c3815763b4e96381 reportedly expects subpoenas or requests from authorities investigating potential coordination between Trump's presidential campaign and the Russian government. But until there's a binding request, his bank won't give anything up, Deutsche Bank CEO John Cryan said. (CNBC)Senate investigators https://click.response.cnbc.com/?qs=ec79d8026baa3b1339589ee5039599e5a49875ad919dd2a4be3aeaa15b76a668cc803fb4a71e926925be0ebeb5455062c6e36ce6494741ed are stepping up the pressure on Facebook as concerns rise about the role the social media giant played in Russia's interference in the 2016 presidential election, the Financial Times reports. (Financial Times)The parent company of Snapchat has been asked by the government of Saudi Arabia https://click.response.cnbc.com/?qs=ec79d8026baa3b139ad163ba95579d16e5e98ddd7f75084bbd0764601c999a85be33de4fe604a5c8bc02770803ef748f4bad5589fe02cc6a to remove the Al Jazeera Discover Publisher Channel in that country because it violated local laws, the social media company said Sunday. (Reuters)Software startup Slack Technologies https://click.response.cnbc.com/?qs=ec79d8026baa3b13522b267f2a15b115a3c9756cca49b436317eabac370dadc854fbf1739643cc6b74a48497c89bdbee3e9ea90311cf523a said it raised $250 million from SoftBank and other investors in its latest funding round, boosting the company's valuation to $5.1 billion. (Reuters)As the U.S. deals with an opioid crisis, https://click.response.cnbc.com/?qs=ec79d8026baa3b13b1c521d87a0412401993f811ac326ed994d4a3e2bfd6ba5df5a2c26702c0313f2bc87315ea2e9e80ee39a3245be2a762 many insurers are limiting access to pain medications that carry a lower risk of addiction. Experts tell the Times that opioid drugs are generally cheap while safer alternatives are often more expensive. (NY Times)Earlier this month, CNBC broke the story that Toys R US is considering bankruptcy. The Wall Street Journal https://click.response.cnbc.com/?qs=ec79d8026baa3b13f793b8e1561a22ffebb2c19f01b31054f8d3bfb20b8563495ba1560fc9aa1719227260089973359d64e5ccfe32559842 now reports it could happen in the next few weeks ahead of the holiday shopping season.After headwinds buffeting the publishing industry, Rolling Stone founder Jann Wenner is putting https://click.response.cnbc.com/?qs=ec79d8026baa3b132ba8fa37113c515dc9a44593769b90f1ebf3362eed515f60338ba3aaa21f806fa832f5c59b0ad9d90952a28bf4b34d67 his company's controlling stake in the publication up for sale . Wenner had long tried to remain an independent publisher in a business favoring size and breadth. (NY Times)STOCKS TO WATCH Seeking to pay down debt following its planned $85.4 billion acquisition of Time Warner (TWX), AT&T (T) is reportedly considering divesting its Latin American TV assets, which could fetch $8 billion.General Motors (GM) workers at a plant in Ontario have gone on strike after negotiators failed to reach agreement on a new contract. The popular Chevrolet Equinox SUV is made at the plant.Shares of Ryainair (RYAAY) were under pressure in the premarket after the Irish budget airline said it's cancelling 40 to 50 flights every day for the next six weeks due to a scheduling error.Jimmy Choo shareholders will vote today on an acquisition by high-end fashion and retail brand. Michael Kors (KORS). The deal was first announced in July.WATERCOOLER It was a night for politics at the Emmys. Host Stephen Colbert, Lily Tomlin, Jane Fonda and Alec Baldwin were getting in zingers about President Trump. https://click.response.cnbc.com/?qs=ec79d8026baa3b1331cc238b40f57dc59615e81f86c4cd908f4b5f6470c2857422c64c0473c11b6774f7465bfdf2d1a0260ff3e01fae2fe7 All of it was upstaged by former White House press secretary Sean Spicer himself, in a controversial appearance that set social media afire. (AP) * https://click.response.cnbc.com/?qs=ec79d8026baa3b13d52ed1cfaff8f1053afdb637f642d2f5447f46bb911ca15660737d51b7fc64ff26811abd9448c680b5994b399052bc33 SNL,'Big Little Lies,' 'Handmaid's Tale' rule at Emmys (Reuters)The Stephen King adaption "It" topped the domestic box office again this weekend with $60 million in ticket sales, bringing in $218 million so far for the https://click.response.cnbc.com/?qs=ec79d8026baa3b1333bb019333c98b3a1a98beab55a702092758b9f83939693ed9b3de20a87d7f6d2411feb0a74818c7b9480405089d8929 highest grossing September release ever. Meanwhile, the Jennifer Lawrence psychological thriller "mother!" saw a paltry $7.5 million debut. (AP) CONTRIBUTORS https://click.response.cnbc.com/?qs=ec79d8026baa3b13330c786393e2dcf2b1ede0eac89b8d59e9d17e769ae1f7b57299c6f126ead894e68da934ffbaa512baa6528d2b5a5e5f1af3c55e36999a62 https://click.response.cnbc.com/?qs=ec79d8026baa3b13330c786393e2dcf2b1ede0eac89b8d59e9d17e769ae1f7b57299c6f126ead894e68da934ffbaa512baa6528d2b5a5e5f1af3c55e36999a62 Berkeley Lovelace Jr.News Associate https://click.response.cnbc.com/?qs=ec79d8026baa3b13a0f16fd3591eaab919becc21aec0ce4554685819bb567481379d31f1a65a15c5afe414da9e24c1f3f6fb18d6cfdea31429cc552aa2dc52db @BerkeleyJr https://click.response.cnbc.com/?qs=ec79d8026baa3b13b49165eef0ba7c912497a638b8447754d90194c0725528a6311f4e29bac79e73d0decd2f807e2da360b6c4db4a374ad1 https://click.response.cnbc.com/?qs=ec79d8026baa3b13b49165eef0ba7c912497a638b8447754d90194c0725528a6311f4e29bac79e73d0decd2f807e2da360b6c4db4a374ad1 Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=ec79d8026baa3b13dbbbeed77c4bf7e76bce4484ac2424fd86c72a62e5ff886c709d3cfc20f2c7be7af4ead297c7ac16e7aa07e988f920e0 @peterschack Feedback We value your input—use https://click.response.cnbc.com/?qs=ec79d8026baa3b13f2737d028fb4febf1f031bea6e45c0d4e8f3cf0d38d66a0e06d6f4970df50a53300dcac2329a20ba0a5c7e9b9d07c42b our simple form to let us know what you think. 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