It's Jim Kramer here. You're listening to the opening bell of CNBC Squawk on the Street.

Don't miss a minute of the action.

Good Friday morning. Welcome to Squawk on the Street. I'm Carl Kingtonia with Jim Kramer, David Faber, the New York Stock Exchange.

Futures up about 40 as the S&P tries once again for the first closing high since July. We've got quad-witching today, S&P rebalance, that'll give us some volume at the open and the close. Europe's steady, India soaring as they slash their corporate tax rate. 10-year 178 as Bullard, Rosengrin, and pretty soon, Clarina. On this show, we will offer their take on all the Fed news this week.

Our roadmap begins with records within reach. Stock said for a slightly higher open.

St. Louis Fed President Bullard still sounding the alarm for the economy and manufacturing.

Plus Apple's moment of truth, the iPhone 11 hits doors globally. Will it move the needle for investors?

And Washington versus Big Tech, Mark Zuckerberg, meeting face-to-face with some of his harshest critics on Capitol Hill, including a surprise trip to the White House.

S&P is aiming for a fourth straight day of gains as we wrap up the week.

Volatility could be in the mix, given that it is quad-witching Friday.

He got two Fed presidents making the case

for dissenting votes at the Fed meeting earlier in the week. Rosengren out of Boston thinks the Fed should have held steady. Jim Bullard of St. Louis pushed for 50 basis points, and we'll see what Claret tells our Sarah Ison in about an hour. Yeah, I've got to tell you that when you looked at what U.S. Steel said yesterday.

I don't know.

I know U.S. Steel is not a big market cap,

but what it said about what U.S. Steel said yesterday, and that was really, I don't know, I know U.S. steel is not a big market cap, but what it said about the U.S. economy versus Steel case, which was very good, versus Herman Miller, was very good.

Small and medium-sized business is doing well. A big industrial, just not doing well.

And I think that it depended upon who you look at.

Like, I think Bullard looks at everything.

And I think he recognizes that industrials really hurt it.

Industrial's doing badly.

Not okay.

You didn't even mention Corning or FedEx or New Corps?

...