Dow on track for its best January in nearly 30 years after Friday's gains

U.S. stock futures were lower this morning, following the Dow, S&P 500 and Nasdaq coming off record closes on Wall Street.

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U.S. stock futures were lower this morning, following the Dow, S&P 500 and Nasdaq coming off record closes on Wall Street. Dow Jones Fut 26,616.71 Current: 26,577.00 Change: -27.00 Impl. Open: -19.71 S&P 500 Fut 2,872.87 Current: 2,868.25 Change: -6.25 Impl. Open: -5.12 NASDAQ 100 Fut 7,022.97 Current: 7,014.75 Change: -15.50 Impl. Open: -18.22 Russell 2000 Mini 1,608.06 Current: 1,605.10 Change: -4.40 Impl. Open: -3.96 Quotes as of 1/29/2018 7:33:46 AM ET BY THE NUMBERS U.S. stock futures were lower this morning following Friday's record book rewrite. The Dow, S&P 500 and Nasdaq are coming off record closes, with the S&P seeing its biggest one-day gain since last March 1. The Dow is on track for its best January gain since 1989. (CNBC) Wynn Resorts (WYNN) stock was 4 percent lower premarket, following Friday's allegations of sexual misconduct against CEO Steve Wynn. Wynn denied those reports, but has resigned as Republican National Committee finance chair in the wake of the allegations. (CNBC) •  Republicans seek distance from Wynn amid allegations (WSJ) •  Marco Rubio fires chief of staff after reports of 'improper conduct' (AP) Lockheed Martin (LMT) and Seagate Technology (STX) are among the companies out with quarterly earnings this morning, while Potlatch (PCH), Rambus (RMBS) and Sanmina (SANM) are among a handful of companies with after-the-bell reports this afternoon. (CNBC) •  Cramer's game plan: Welcome to the Super Bowl of earnings (CNBC) The government will release December personal income and consumer spending at 8:30 a.m. ET. Income is expected to post a 0.3 percent rise, matching the November increase, while spending is seen increasing 0.5 percent compared to November's 0.6 percent jump. (CNBC)   IN THE NEWS TODAY President Donald Trump will deliver his first State of the Union address tomorrow. According to an official, Trump plans to focus on five main policy areas: jobs and the economy, infrastructure, immigration, trade and national security. (CNBC) •  Trump tells Davos: 'America first does not mean America alone' (CNBC) •  Senators want Trump's State of the Union to show "compassion" toward Dreamers (Politico) Trump administration officials are reportedly looking at options where the government could take over a part of the country's mobile network as a way of guarding against China. A decision would take six to eight months before reaching Trump's desk. (Axios & Reuters) •  AT&T: Work on 5G "already well down the road" (Axios) GOP lawmakers warned Trump on Sunday not to fire Robert Mueller, the special counsel investigating Russia's interference in the 2016 presidential election. The lawmakers, however, showed little urgency to advance legislation to protect Mueller. (NY Times) Donald Trump Jr. said he is betting $100 that the Democratic response to the House intelligence memo will leak to the media before the memo is made public. The memo reportedly shows how the FBI concealed the use of political opposition research in its app for surveillance. (Politico) Trump lashed out at musician Jay-Z this weekend, demanding recognition for the improved job market for African-Americans. Jay-Z appeared on CNN earlier where he called the president's "s___hole" comment about African countries "hurtful." (CNBC) Japan's financial regulator said today it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together. The move came after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record. (Reuters) •  Japanese cryptocurrency hack won't be the last: Analyst (CNBC) Saudi Arabian billionaire businessman Prince Alwaleed bin Talal has been freed after a high-profile detention during a crackdown on corruption. He described his arrest as a "misunderstanding" and there are "no charges." (CNBC) Apple (APPL) will reportedly halve its iPhone X production volume for the first quarter to around 20 million units. The cut was prompted by slower-than-expected sales in the holiday shopping season in Europe, the United States. (Nikkei) Casey's General Stores is eyeing Kroger's convenience-store business, sources say. JCP Investment Management called for the Ankeny, Iowa-based convenience store operator to explore strategic alternatives, including a potential sale. (CNBC) STOCKS TO WATCH Lowe's (LOW) authorized a new $5 billion stock buyback program, added to an already existing $2.1 billion authorization for the home improvement retailer. Ablynx (ABLX) agreed to be bought by French drug maker Sanofi (SNY). Sanofi beat out Novo Nordisk (NVO) in the bidding for the Belgian biotech company, agreeing to pay $4.8 billion. Ablynx had rejected a roughly $3.2 billion offer from Novo Nordisk. Facebook (FB) plans to publish its privacy principle for the first time, according to a blog post by Chief Privacy Officer Erin Egan. It will also roll out educational videos detailing who has access to a user's information. Diebold (DBD) and NCR (NCR) have issued warnings that cyber criminals are targeting ATM machines with the aim of "jackpotting," or getting the machines to give out large sums of cash. The two companies are among the world's largest makers of automated teller machines. Avon Products (AVP) is being pushed by activist investors to seek a buyer, according to the Wall Street Journal. Shah Capital, Barington Capital and NuOrion Partners have formed an alliance to make that push, according to the Journal. WATERCOOLER Singer-songwriter Bruno Mars stole the show at the 2018 Grammys, winning all six of the awards he was nominated for. The music industry also acknowledged #MeToo during the event on the red carpet. (NY Times) CONTRIBUTORS Berkeley Lovelace Jr. News Associate @BerkeleyJr Peter Schacknow Senior Producer @peterschack Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters  Digital Products © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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