In this article @SI.1 Follow your favorite stocks CREATE FREE ACCOUNT
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. America's favorite groundhog, Punxsutawney Phil, saw his shadow this morning, meaning we're in for six more weeks of winter. After the recent string of cold temperatures, I can't say I'm surprised. Stock futures are sliding this morning. The three major indexes are coming off a losing day. Here are five key things investors need to know to start the trading day:
1. All that glitters
Gold extended its blistering rally on Thursday as investors sought safety amid geopolitical and economic uncertainties, while silver almost hit $120. Rticknor | Istock | Getty Images
2. Experience economy
A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Mario Tama | Getty Images
Disney beat analyst expectations on both lines in its first fiscal quarter, sending shares up 3% this morning. Notably, CFO Hugh Johnston told CNBC that the company's experiences division — which houses its theme parks, resorts and cruises — hit $10 billion in quarterly revenue for the first time ever. As investors parse through the report, there's one question lingering on everyone's minds: Who will succeed CEO Bob Iger? Disney previously said it would announce its next leader in the first quarter of this year. The company's board is slated to meet this week and expected to vote on Iger's successor, people familiar with the matter told CNBC. The entertainment giant's report kicks off a busy week for earnings that will include releases from PepsiCo , Chipotle , Alphabet and Amazon .
3. Déjà vu
A pedestrian jogs across the East Front Plaza during morning hours on November 10, 2025 on Capitol Hill in Washington, DC. Tom Brenner | Getty Images
The government partially shut down over the weekend after Congress failed to get a funding bill across the finish line. The Senate approved a package of bills ahead of the deadline, but the deal also needed approval from the House of Representatives, which wasn't scheduled to be in Washington until today. House Speaker Mike Johnson said yesterday that he believes the shutdown could be resolved by Tuesday. The House is expected to take up the Senate-approved spending package today. If it's passed by the House, it will head to President Donald Trump's desk. Meanwhile, the Justice Department on Friday released millions of pages of documents tied to the late convicted sex offender Jeffrey Epstein. Trump, Tesla CEO Elon Musk and Secretary of Commerce Howard Lutnick were among those whose names appeared in the latest release.
... continue reading