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This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I spent part of the weekend catsitting for a friend, which meant I could run their AC instead of mine during the heat wave. Stock futures are mixed this morning. Wall Street is coming off a winning week. Here are five key things investors need to know to start the trading day:
1. Trump talk
President Donald Trump speaks with CNBC’s Joe Kernen in the Oval Office of the White House in Washington on July 2, 2026. CNBC
While some people were getting ready to head to the beach, President Donald Trump sat down with CNBC's Joe Kernen on Thursday afternoon. In an exclusive interview ahead of the nation's 250th birthday, Trump discussed the U.S. economy, his business dealings, and his children. Here's what the president said about business and the economy: Trump expects between 40% and 60% of chip manufacturing to be in the U.S. by the time he leaves office.
He also asserted that "AI is bigger than the internet" buildout and that the U.S. is leading on the technology.
Trump said he doesn't know who manages his personal fortune and that his son Eric handles it.
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