SOTS 2nd Hour: Resilient Retail Sales, Schwab's Liz Ann Sonders, & Tiktok Deal Latest 9/16/25

Squawk on the Street

CNBC

Investing, Business, News

4.1 • 567 Ratings

🗓️ 16 September 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Another FOMC meeting kicking off today: Carl Quintanilla, Sara Eisen, and David Faber broke down a slew of new data points from consumer retail sales to new homebuilder sentiment crossing top of the hour. Charles Schwab's Chief Investment Strategist Liz Ann Sonders joined the team with her expectations - while one banks analyst broke down his top picks in the space as the big banks hit new highs. Plus: CNBC's out with our latest Fed Survey - what investors need to know this hour. Also in focus: a potential U.S.-China Tiktok deal... Hear David Faber's exclusive reporting, and what Oracle has to do with it - along with more details on what's driving declines in shares of Warner Brothers Discovery. Plus: Eli Lilly revealing the first of 4 new manufacturing sites here in the U.S. during the hour - and CEO David Ricks talked to CNBC about the move.

Transcript

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0:00.0	Good Tuesday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Continua and David Faber,
0:04.8	live as always for you from post-9 of the New York Stock Exchange. Coming up this hour,
0:09.0	Lizanne Saunders from Charles Schwab joins us with her expectations for the market as the Fed meeting gets underway today.
0:15.0	Plus, the CEO of the long-term stock exchange joins us as President Trump joins the company's effort to end quarterly reporting.
0:22.9	SEC is going to take it up. And Oracle shares are jumping again this morning on new reports
0:27.2	about the company's involvement in the TikTok deal. Our David Faber has some new details on the story
0:32.5	that you need to know. As the S&P loses an early morning game, Carl, but since that little changed.
0:38.2	Let's get some fresh economic data just crossing. For that, we'll turn back to Rick Santelli.
0:42.6	Morning, Rick. Yes, good morning again. Carl, we have business inventories. This is July number,
0:48.9	first month, of course, of the third quarter, and it comes in exactly as expected. Inventories on the business side
0:55.2	up two-tenths of a percent, and that's exactly what we have in the rearview mirror for our final
1:00.8	June read as well. We do see that the yield curve has steepened. This morning's data has brought
1:06.8	two-year note yields down about three basis points, but the long end and 10-year
1:12.1	stubbornly high hovering much closer to unchanged. There's also a housing number out.
1:17.4	That's the Association of Home Builders Housing Market Index. And for that, we turn to
1:22.4	Diana Oleg. Diana?
1:24.8	Homebuilder's sentiment in September was unchanged at 32 on the NIHB index.
1:29.6	That's a miss.
1:30.2	The street was actually looking for a slight gain.
1:32.6	Now, anything below 50 is considered negative.
1:35.2	The index has been in this low range since May.
1:38.3	Last September, it was at 41.
	...

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