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=7b021f2791b18f8f2c99b4ad511817b16bbc1630ab3891bb3642f789010d26413e53280f1fc951bf6b09303245febb2ceb9c1d95e8d0f9d72e6e5e01baa52b34CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=7b021f2791b18f8f2c99b4ad511817b16bbc1630ab3891bb3642f789010d26413e53280f1fc951bf6b09303245febb2ceb9c1d95e8d0f9d72e6e5e01baa52b34 here. https://click.response.cnbc.com/?qs=da67ff7740e291561b4e60a2ef4ee2ea0b8c45f6b3ae1ae26b64ff02d1a61a2eab60d01d96417d99 https://click.response.cnbc.com/?qs=da67ff7740e29156aa10e1307460afb5acc243968d7421ca3fe265578a61f0a283798d2da62323ce IN THE NEWS TODAY U.S. stock futures https://click.response.cnbc.com/?qs=da67ff7740e29156c8c0595eef3c6d3115b64563e14f9cc0154295f0b6a8ee48d405b00277b7c922 were mixed this morning, after the S&P 500 logged seven down sessions in a row, its longest losing streak in five years. A decline today would be the index's first eight-session slide since the financial crisis days of October 2008. (CNBC)Wall Street's long-running view that Hillary Clinton would easily become the next president has been replaced by a https://click.response.cnbc.com/?qs=da67ff7740e29156d926ce92926aa6ee368d062e571feda574917d7bae0f9efe58649147d93f4e3f new fear , with polls tightening ahead of Tuesday's election, that Donald Trump could win. (CNBC) https://click.response.cnbc.com/?qs=da67ff7740e29156ad88e0314367558b38d0ccb8c118d7ef7e7dd8d8b785318c0e7dd91e1684bf6a Oil was higher this morning, holding comfortably above $45 per barrel, as an attack on a Nigerian oil pipeline and a weaker U.S. dollar lifted prices. U.S. crude dropped nearly 3 percent on Wednesday to about a five-week low after a record inventory build. (Reuters) https://click.response.cnbc.com/?qs=da67ff7740e29156ab34e573d70b19db2ad5342bb7f87191c83841d240750241a85099606a23e6da The British pound spiked against the dollar this morning, with the U.K. High Court ruling any proposed Brexit plan would have to be approved by lawmakers before being implemented. (CNBC) https://click.response.cnbc.com/?qs=da67ff7740e291568bb2823dcef99958a0d4ad64b71b25c88a51ff694fbd6437cbe9153793c889dc https://click.response.cnbc.com/?qs=da67ff7740e291561b7dd51eef7342d099a389e81cfad9656d9979f0f32f1dc0ce2f81e638a0105c https://click.response.cnbc.com/?qs=da67ff7740e291568d9612d2f51fbfc5bcd62522bd713f50f74051d5c6ae8fb9455157e2c1b4d322 Wells Fargo (WFC) https://click.response.cnbc.com/?qs=da67ff7740e2915626ed1b258c6512a764e3e3779b6b640ecd0c65483fac01c46f806570daf219eb has increased its litigation loss reserves to $1.7 billion from $1 billion, according to a filing. Wells Fargo has confirmed reports the SEC has joined those looking into the recent disclosure and revamping of the bank's sales practices. (CNBC)Despite beating estimates with quarterly results, Facebook (FB) https://click.response.cnbc.com/?qs=da67ff7740e2915699103bb23ae0ace92b496856ea84594d33160427dc0441902c1097d268dbf661 was getting slammed in the premarket, after warning ad revenue growth rates would slow "meaningfully" next year as the social network maxes out the number of ads without damaging the user experience. (CNBC) Fitbit (FIT) https://click.response.cnbc.com/?qs=da67ff7740e29156c7bfffb595b06d1c5ba6db2e1e1ff07919f5ab82809a101612958d5a846ab686 was losing about a third of its value in premarket trading, after revenue as well as fourth-quarter and full-year outlook fell short of estimates. The stock has fallen more than 55 percent since its June 2015 IPO, which was priced at $20 per share. (CNBC)Whole Foods Market (WFM) beat estimates on earnings and matched on revenue. Meanwhile, the organic grocer named co-founder https://click.response.cnbc.com/?qs=da67ff7740e29156531430278e8b6bb1d8f9ef298344a9d149e2296cc5d516cd0ab2f200901de7ed John Mackey as its sole CEO . Mackey and Walter Robb were co-CEOs. Robb will remain on the board and serve as a senior advisor. Ford (F) has launched https://click.response.cnbc.com/?qs=da67ff7740e2915638c579e582c124fb2f08eaa40729982d63f433899bcd05716cd91e407b5a0147 Black Friday clearance sales early , following a nearly 12 percent drop in October sales. Ford is offering $1,000 rebates on 2016 and 2017 models. Last year, Black Friday deals from several automakers made for a strong November. (WSJ)The Justice Department https://click.response.cnbc.com/?qs=da67ff7740e29156bbc3a1973d71c7ba3310a1a423184fcce3610ca0bcb7bdd2ce563a8ff6883f6a filed an antitrust lawsuit against AT&T's (T) DirecTV, alleging the satellite television service engaged in unlawful information sharing with rival pay-TV operators during negotiations over whether to carry a Dodgers-owned channel, SportsNet LA. (WSJ)The Chicago Cubs https://click.response.cnbc.com/?qs=da67ff7740e29156c48001a38423156e993216f061855fc1340e564b71c610199201a18f9a0b2d56 ended a 108-year wait for a World Series title, beating the Indians in Cleveland last night in a thrilling 10 inning 8-7 Game 7 classic. The Cubs capped a three games to one comeback. (Reuters) BY THE NUMBERS It's a busy day for economic numbers, as traders digest Wednesday's Fed statement that signaled a stronger case for an interest rate hike, while looking ahead to the high probability of a December move and tomorrow's government jobs report for October. At 8:30 a.m. ET, the Labor Department issues jobless claims and third quarter productivity. The Institute for Supply Management releases its non-manufacturing index for October at 10 a.m. ET, while the Commerce Department is out with September factory orders at the same time. The schedule of companies reporting earnings this morning include Becton Dickinson (BDX), Charter Communications (CHTR), Chesapeake Energy (CHK), Church & Dwight (CHD), Cigna (CI), Hyatt Hotels (H), Sprouts Farmers Market (SJI), and Time Inc. (TIME). Starbucks (SBUX) leads this afternoon's list earnings reports, with Activision Blizzard (ATVI), CBS (CBS), El Pollo Loco (LOCO), FireEye (FEYE), GoPro (GPRO), Lions Gate (LGF), Monster Beverage (MNST), Symantec (SYMC), and Kraft Heinz (KHC) among the others. The Android mobile operating system from Alphabet's Google https://click.response.cnbc.com/?qs=da67ff7740e291561fa5726a2e9b697c2652bd15ac60a63a8668cab50c554d225baddf5acd56bd76 grabbed a record market share in the third-quarter at the expense of Apple's (AAPL) iOS which posted a decline, according to new research. STOCKS TO WATCH Qualcomm (QCOM) beat forecasts by 15 cents with adjusted quarterly profit of $1.28 per share, while the chipmaker's revenue also came in above forecasts. Strong demand for the company's smartphone chips helped drive the quarter, with particular strength in the China market. 21st Century Fox (FOXA) reported adjusted quarterly profit of 51 cents per share, exceeding estimates by 7 cents, while revenue was essentially in line. The media giant was helped by strong results at the movie box office as well as its cable division. Wynn Resorts (WYNN) missed estimates by 3 cents, with adjusted quarterly profit of 75 cents per share, with revenue essentially in line. The casino operator's results were pressured by an 11.5 percent drop in revenue from Macau, though that market has shown signs of recovering. Credit Suisse (CS) delivered better-than-expected earnings for its third quarter, with the Swiss bank noting positive trends in its operations amid restructuring and cost-cutting. AIG (AIG) reported adjusted quarterly profit of $1.23 per share, 2 cents above estimates. The insurer's profit compared to a year-ago loss, when AIG was hit by poor investment results.Additionally, AIG's board authorized an additional $3 billion for its share buyback program. Avis Budget (CAR) beat estimates by 14 cents with adjusted quarterly profit of $2.47 per share, and the car rental giant's revenue was essentially in line.However, its full-year earnings guidance is below forecasts on softer demand both in the Americas and Europe. First Solar (FSLR) reported adjusted quarterly profit of $1.22 per share, well above estimates of 74 cents per share, though revenue was well below estimates. However, First Solar also cut its sales forecast. WATERCOOLER The songwriting rights of the late rocker Prince are going to the Universal Music Publishing Group for an undisclosed sum, rising the possibly that songs withheld from online streaming services https://click.response.cnbc.com/?qs=da67ff7740e29156f4230499f8cded80820abb8534d757207047f8fadfb09cb8547692ba687ae59e may become more widely available . (NY Times)The private art collection of the late singer David Bowie https://click.response.cnbc.com/?qs=da67ff7740e2915682097d018966d343cc6f810cc2afa865b95a75e7a0634083717f26210fa9e5e5 went on display this week , ahead of a three-day sale that kicks off a week from today. The auction is expected to fetch more than $12 million. (CNBC) CONTRIBUTORS https://click.response.cnbc.com/?qs=da67ff7740e291566208b7684f48955d2ed2344a12fcd4f3651c49baf1a8c61d1ae92555a998a322 https://click.response.cnbc.com/?qs=da67ff7740e291566208b7684f48955d2ed2344a12fcd4f3651c49baf1a8c61d1ae92555a998a322 Matthew J. BelvedereSenior Producer https://click.response.cnbc.com/?qs=da67ff7740e2915691631806c12795365c29360bd7d664195fbce103f04d8460393f6a25d334d2e7 @Matt_Belvedere https://click.response.cnbc.com/?qs=da67ff7740e29156fe30b3e67c6a60fa4e818be951730d0f8a1987806627ee24a7cf82ae75536c25 https://click.response.cnbc.com/?qs=da67ff7740e29156fe30b3e67c6a60fa4e818be951730d0f8a1987806627ee24a7cf82ae75536c25 Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=da67ff7740e291562feacdf23b0ee5ebcf623272b6fb55d004fd8ddbf6c2f02f558c41a7347931a0 @peterschack https://click.response.cnbc.com/?qs=da67ff7740e29156782ed94eb8aba11f42e7bfefe76f702e311315e2caa225eccb37fd584e7e8e6c https://click.response.cnbc.com/?qs=da67ff7740e29156782ed94eb8aba11f42e7bfefe76f702e311315e2caa225eccb37fd584e7e8e6c Tom DiChristopherWeb and TV producer Feedback We value your input—use https://click.response.cnbc.com/?qs=da67ff7740e291561edb61cfbc4f0caad8a89913c8fd6feb20afe128c6728150eb619ddbaa6f286f our simple form to let us know what you think. Click https://click.response.cnbc.com/?qs=da67ff7740e291561b4e60a2ef4ee2ea0b8c45f6b3ae1ae26b64ff02d1a61a2eab60d01d96417d99 here for Real-Time data and top stories on your desktop or mobile device. https://view.response.cnbc.com/ftaf.aspx?qs=7b021f2791b18f8f2c99b4ad511817b16bbc1630ab3891bbaf15e11d2b4c1cc5fc56df6451fc1165 https://view.response.cnbc.com/ftaf.aspx?qs=7b021f2791b18f8f2c99b4ad511817b16bbc1630ab3891bbaf15e11d2b4c1cc5fc56df6451fc1165 Send this email to a friend https://click.response.cnbc.com/?qs=da67ff7740e291569bef269e3bda04e78f46d0835e41340440228c87de0a6b0b03b526201838f144 https://click.response.cnbc.com/?qs=da67ff7740e29156e2d8cf5cb264ac6ed8c24da3797ce9bf508060bb937c52cfc6d40c6686f706d2 https://click.response.cnbc.com/?qs=da67ff7740e29156a76e3519e297eb5043a99b584d5a6fb88ee29f03d35837077371480ed7c9c03a https://click.response.cnbc.com/?qs=da67ff7740e291565a71cb6ff2e7e34a335f498ccac176f69975050f2948d494ae033e9a1a2d6c79 https://click.response.cnbc.com/?qs=da67ff7740e29156839ff8365656a8d7ad532ad03093436db01ebc5640c694fa264fea8609ff4f93 Unsubscribe https://click.response.cnbc.com/?qs=da67ff7740e291569211455ff322507421d5bb0dc3da73e4d154ed16eb3e772a841e668a5daf5ce5 Advertise https://click.response.cnbc.com/?qs=da67ff7740e291569b65c96088cf5b7541d2e9489cb5be393abff7643049a647b261a8358e191825 More Newsletters https://click.response.cnbc.com/?qs=da67ff7740e291560d3d8ad64a6398236fc0cbdfb574e401e745bea46feff4318fe470dcabb95711 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=da67ff7740e29156cf7ad7ceb989964fdd349710177a25f5c05ace7ebffad4c464ba861ccda5c588 ) ---------------------------------------- Visit the following URL to manage your subscriptions. ( https://click.response.cnbc.com/subscription_center.aspx?qs=7c447fea08a0d40c34468de13d81f16289e9d892e0091bbeb8adb8e9768a95fc5bad91767151024abc3b06d6f47cae8ffc8ea68df38c9f6c ) 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 )