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Squawk Pod

5 Things to Know Before the Opening Bell 10/17/2025

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 17 October 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Bank stocks in the U.S. and Europe were trading lower on concerns about U.S. regional banks and bad loans, the government shutdown is set to continue over the weekend, President Trump and Russian President Vladimir Putin agreed to meet in Budapest over the next two weeks, Ambassador John Bolton, National Security Advisor under the first Trump administration, has been indicted on charges of mishandling classified information, and President Trump says he’s struck a deal to bring down the price of beef. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.

Transcript

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0:00.0

Hi, I'm Becky Quick, co-host of Squawk Box, and this is five things you need to know before today's opening bell.

0:08.8

The markets are set to open lower.

0:10.6

Stock futures are down pretty sharply after credit concerns for regional banks sparked selling in the United States and in Europe.

0:18.0

The government shutdown here is set to continue over the weekend,

0:21.7

and another funding vote failed to pass the Senate yesterday.

0:24.9

That chamber is adjourned until Monday at this point.

0:28.2

President Trump holding a call with Russia's Vladimir Putin yesterday,

0:32.5

saying that they agreed to meet in Budapest, Hungary,

0:35.4

to discuss how to end the war in Ukraine.

0:40.8

President Trump says that the meeting could come in the next two weeks.

0:45.9

Ambassador John Bolton, who served as national security advisor in the first Trump administration,

0:50.9

has been indicted by a federal grand jury on charges of mishandling classified information.

0:54.4

Bolton says that he's innocent and is being targeted because of his outspoken opposition to President Trump. Sources telling NBC news that Bolton is expected to

1:00.0

surrender to authorities and appear in court later today. And President Trump saying that his

1:05.5

administration has struck a deal to bring down the price of beef. He didn't provide details,

1:09.9

but says that these comments come days after he hosted the price of beef. He didn't provide details, but says that these comments come

1:12.2

days after he hosted the president of Argentina at the White House. The United States is a major

1:17.2

importer of Argentine beef, which is subject to a quota and expended tariffs. We'll be back later

1:23.0

today with Squawk Pod, our daily podcast featuring the best of Squawk Box.

1:28.0

Stay tuned to your feed, wherever you get your podcasts, and listen anytime.

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