This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Nike's first pickleball deal has me thinking I should fish my paddles out of the closet and start practicing. I'll be spending this evening with some of our readers at CNBC Pro Live at the New York Stock Exchange, so you'll hear from my colleague, Josephine, in tomorrow's edition. If you're one of tonight's attendees, please say hello. S&P 500 futures are higher this morning following yesterday's negative session. Here are five key things investors need to know to start the trading day:
1. Check bounce
A television broadcasts US President Donald Trump during a NATO press conference on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 25, 2025. Michael Nagle | Bloomberg | Getty Images
2. Bank statement
Dado Ruvic | Reuters
Goldman Sachs and Morgan Stanley reported fourth-quarter earnings this morning, rounding out a marquee week for big bank reports. Goldman earned $14.01 per share on $13.45 billion in revenue. It was not immediately clear if those figures were comparable to Wall Street's respective estimates of $11.67 per share and $13.79 billion. Shares oscillated in premarket trading following the release. Morgan Stanley, meanwhile, beat analysts' forecasts on both lines for the quarter. Shares rose more than 2% before the bell.
3. Pledge of allegiance
Denmark's Foreign Minister Lars Loekke Rasmussen and Greenland's Foreign Minister Vivian Motzfeldt meet with U.S. Senators Angus King (I-ME), Lisa Murkowski (R-AK) and Ruben Gallego (D-AZ) in King's office on Capitol Hill, Washington D.C., U.S., Jan. 14, 2026. Nathan Howard | Reuters
A White House meeting between top administration officials and leaders from Denmark and Greenland yesterday appeared to do little to ease the tension between the U.S. and the two countries. Ahead of the talks, Trump said on social media that anything less than U.S. control of Greenland would be "unacceptable." But Danish Foreign Affairs Minister Lars Lokke Rasmussen Denmark said after the meeting that any plans that don't respect Greenland's right to self-determination are "totally unacceptable." He said Denmark and the U.S. would "agree to disagree" and "continue to talk." Greenland foreign minister Vivian Matzfeldt said that the self-governing Danish territory wants "to strengthen our cooperation" with the U.S., "but that doesn't mean that we want to be owned by [the] United States." Five NATO nations said they would send a small number of troops to Greenland for a joint military exercise following the White House meeting.
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