A sign at the New York State Department of Labor job fair held at the Downtown Central Library on Wednesday, August 27, 2025 in Buffalo, New York, USA.
Lauren Petracca Bloomberg | Getty Images
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.
Here are five important things investors need to know to start their trading day.
1. A handbook that brings a ray of hope
Yesterday we highlighted the relevance of market maxims. “Bad news can actually be good news for investors.” Stocks rose after private jobs data showed weakness in the labor market, with investors hoping the report would strengthen the case for a Federal Reserve rate cut next week.
Here’s what you need to know:
ADP reported an unexpected loss of 32,000 jobs in November. Economists surveyed by Dow Jones had expected an increase of 40,000 people. Dow Jones Industrial Average It rose more than 400 points in Wednesday trading, pushing the 30-stock index into positive territory this week. Traders are now pricing in about an 89% chance of a rate cut, up from less than 70% a month ago, according to CME’s FedWatch tool. Data released this morning by Challenger, Gray & Christmas also showed that this year has seen the highest number of job cuts announced since 2020, in another sign of a weak labor market. Commerce Secretary Howard Lutnick told CNBC yesterday that ADP’s bad numbers were not due to tariffs, but to government shutdowns and mass deportations. Speaking of tariffs, Treasury Secretary Scott Bessent said the Trump administration could repeat significant tariffs if the Supreme Court rules that the president exceeded his authority to enact them. Follow us here for live market updates.
2. Full power
Sheldon Cooper | Light Rocket | Getty Images
sales force Shares rose in today’s premarket after third-quarter earnings per share beat expectations. Although the company’s quarterly revenue was slightly below Wall Street consensus estimates, Salesforce provided better-than-expected sales guidance for the current three-month period.
Salesforce also announced that annual revenue from its Agentforce AI software increased 330% year over year. The company has set a revenue target of $60 billion for Agentforce’s fiscal year 2030, which exceeds expectations.
3. Jensen’s Excursion
Nvidia President and CEO Jensen Huang speaks to the media as he arrives for a meeting with the Senate Banking Committee at the Capitol on December 3, 2025 in Washington, DC.
Anna Moneymaker | Getty Images
Nvidia CEO Jensen Huang returned to Washington, D.C., yesterday to meet with President Trump to discuss chip export restrictions. Hwang then went to Capitol Hill, where lawmakers are considering whether to approve rules restricting the export of AI chips.
Huang said the National Artificial Intelligence Access and Innovation Guarantee Act, known as the GAIN AI Act, is “even more harmful to the United States than the AI Adoption Act.” Hwang also slammed state-by-state AI regulations and broke with his fellow AI executives. Such surveillance would “bring the industry to a standstill” and “raise national security concerns,” he said.
4. Vote for vaccination
Massachusetts Institute of Technology Professor Retsev Levi speaks at a meeting of the Advisory Committee on Immunization Practices at the Centers for Disease Control and Prevention in Atlanta, September 19, 2025.
Alyssa Poynter | Reuters
Health and Human Services Secretary Robert F. Kennedy Jr.’s hand-picked Advisory Committee on Immunization Practices is scheduled to vote today. Questions to consider: Whether to change the long-standing recommendation that infants be vaccinated with hepatitis B within 24 hours of birth.
It is unclear what decision the committee will make, but any changes to its recommendations would have a major impact on public health. Some experts have warned that repealing decades-old recommendations could lead to higher rates of chronic infections in children.
5. New terrain
GM Chief Product Officer Sterling Anderson attends the automaker’s “GM Forward” event in New York City on October 22, 2025.
Michael Weiland/CNBC
Meeting Sterling Anderson general motorsNew Executive Vice President and Head of Product. As CNBC’s Michael Weiland reports, the self-proclaimed “Silicon Valley cowboy” is taking Detroit automakers by storm.
Anderson’s responsibilities include overseeing the “end-to-end product lifecycle” of GM vehicles, the company said. He told CNBC he wants to speed up innovation and create a “unified approach” to products.
Also supporting General Motors: President Trump’s decision to reduce tariffs on South Korea. The company is South Korea’s second-largest new car importer after Hyundai Motors, which is headquartered in South Korea.
daily dividend
delta airlines He detailed the impact of the government shutdown on profits. The airline said:
Estimated cost to pre-tax earnings: $200 million Impact to current quarter earnings per share: 25 cents
—CNBC’s Sean Conlon, Jeff Cox, Kevin Bruninger, Jordan Novett, Annie Palmer, Ashley Caputo, Annika Kim Constantino, Mike Weiland and Leslie Josephs contributed to this report. Josephine Rozzelle edited this version.
