| Ahead of tomorrow's Thanksgiving holiday and Friday's half-day for stock trading, investors get a number of economic reports to consider. | | Dow Jones Fut | | 23,590.83 | | Current: | 23,594.00 | | Change: | 51.00 | | Impl. Open: | 36.17 | | | S&P 500 Fut | | 2,599.03 | | Current: | 2,599.75 | | Change: | 3.50 | | Impl. Open: | 1.77 | | | NASDAQ 100 Fut | | 6,378.63 | | Current: | 6,389.25 | | Change: | 9.75 | | Impl. Open: | 7.52 | | | Russell 2000 Mini | | 1,518.89 | | Current: | 1,522.10 | | Change: | 3.50 | | Impl. Open: | 3.21 | | | Quotes as of 11/22/2017 8:25:29 AM ET |
U.S. stock futures were higher this morning, building on record high closes for the Dow, S&P 500, and Nasdaq. In fact, the S&P topped 2,600 for the first time ever during Tuesday's session, but finished about 1 point shy of that milestone. (CNBC)
In another troubling development at Uber, the ride-hailing giant concealed for more than a year that hackers stole data from 57 million of its users and drivers. The company paid hackers $100,000 to delete the data and keep the breach quiet. (CNBC)
Oil prices jumped by 1 to 2 percent this morning as ongoing cuts of piped Canadian crude to America added to falling U.S. crude inventories. Expectations of a prolonged OPEC-led production cut also offered support. (Reuters)
The Fed is "reasonably close" to its goals and should keep gradually raising interest rates to avoid the dual pitfalls of letting inflation drift below target for too long, and of driving unemployment down too far, said outgoing central bank chair Janet Yellen. (Reuters)
A majority of North American chief financial officers, 54.2 percent, said they support the recently passed House GOP tax reform bill, while 20.8 percent oppose it. That's according to the latest survey of the Global CFO Council.
|
Eight people aboard a Navy transport plane that crashed into the ocean southeast of Okinawa, Japan today, were recovered in good condition. The search continues for three other missing personnel. (CNBC)
In a Twitter rant this morning, President Donald Trump berated the father of one of the three UCLA basketball players arrested on charges of shoplifting in China. Trump angrily insisted his influence was the reason for their release. (CNBC)
President Trump weighed in briefly on the government's attempt to block the $85 billion AT&T-Time Warner merger. He said the deal is "not good" for the country. "But I'm not going to get involved, it's litigation," he added. (CNBC)
Special Counsel Robert Mueller's investigators are asking questions about White House senior adviser Jared Kushner's interactions with foreign leaders during the presidential transition and what role he may have played in firing former FBI Director James Comey. (WSJ)
The U.S. government is urging businesses to act on an Intel (INTC) alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability. (Reuters)
JPMorgan (JPM) is considering whether to provide clients access to CME's new bitcoin product through its futures-brokerage unit, despite CEO Jamie Dimon calling the cryptocurrency a "fraud" and saying if bank traders bought or sold bitcoin he would "fire them in a second." (WSJ)
John Lasseter, chief creative officer at Pixar and Walt Disney Animation Studios, said he's taking a l eave of absence, after several "painful" conversations and "missteps." In an email to his staff, Lasseter said he realized he made several employees "feel disrespected or uncomfortable." (CNBC)
Rep. John Conyers confirmed his office settled a 2015 complaint by a female staffer who said she was fired because she resisted the Michigan Democrat's sexual advances. Conyers said he "expressly and vehemently denied the allegations" then and now. (CNBC) • Another Conyers' ex-staffer alleges harassment (AP)
Dallas Cowboys owner Jerry Jones said he's "standing down" from his threats of litigation against the NFL, even as he stepped up his criticism of commissioner Roger Goodell. (WSJ)
David Cassidy, the teen idol who soared to fame as the embodiment of 1970s youth in his role on "The Partridge Family," died at the age of 67. On Saturday, a close family friend said Cassidy had been hospitalized for organ failure and needed a liver transplant. (NBC News)
Deer shares were rising about 4 percent in premarket trading, after the heavy equipment maker beat expectations with quarterly earnings and revenue.
Salesforce (CRM) came in 2 cents above estimates with adjusted quarterly earnings of 39 cents per share, with revenue also beating projections. But shares were under pressure in the premarket, after the cloud software company warned on outlook.
GameStop (GME) shares were about 8 percent higher in premarket trading, after the video game and console retailer beat estimates on quarterly earnings and revenue. GameStop was helped by the popularity of the new Nintendo Switch gaming console.
Guess (GES) matched estimates with adjusted quarterly profit of 12 cents per share, but the apparel maker's revenue missed forecasts on a sales drop in its Americas region. Shares of Guess were tanking about 12 percent in the premarket.
Do yourself a favor and plan before you hit the stores on Black Friday, or even earlier if you choose to venture out on Thanksgiving tomorrow. Here's a guide to what's stores are going to be open and when. (CNBC)
— The "Morning Squawk" newsletter will be on hiatus for Thanksgiving and Black Friday, returning on Cyber Monday.
|
 | News Associate | |  | Senior Producer | |
| Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. |
|
| 
© CNBC Inc. All Rights Reserved.
900 Sylvan Avenue, Englewood Cliffs, NJ 07632
|
|
|
