CNBC Business News Update - Market Open: Stocks Higher, S&P 500 Index Building On Record High It Opened With, SEC To Propose Easing Quarterly Public Company Reporting Rules 9/19/25

Episode Date: September 19, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Eddinger, CNVC. Wall Street. Honestly, in the green this morning. The S&P 500 index opened at a new record high. Building on that, let's start with the Dow up 18 points. Apple shares leading it higher. The iPhone 17's on sale today. They're up 1%. The S&P 500 index is up 14 points. The NASDAQ is up 84 points. InVIDIA shares are in the green. They're up about a third of a percent this morning. President Trump wants to change. the number of times public companies have to report their finances to investors, reducing that from four times a year to just two, and the Securities and Exchange Commission will propose that rule change. You know, welcome that posting by the president and have talked to him about it. And so you have to realize that right now, semi-annual reporting is no stranger to our markets. Our foreign private issuers do it right now, and it was actually the rule. until 1970. There's been a lot of discussion of the past few years about how this quarterly

reporting kind of emphasizes a short-term type of thinking. That's the SEC chair, Paul Atkins, on CNBC. President Trump and China's President Xi spoke today on trade and TikTok. We're waiting for the outcome. Finalizing a plan to keep the social media app operating in the United States. Chinese state official media says that call has now taken place. The call follows trade talks earlier this week in Spain between the U.S. in China and Treasury Secretary Scott Besson said that the two sides had reached a framework deal on TikTok's ownership. Today's call was the second between the two presidents since Trump returned to the White House in January. And Trump maintained yesterday that he has a good relationship with China. CNBC's Joe Kernan.

Walmart's online marketplace has boomed, and with that growth came identity theft and fake products. A CNBC investigation found that Walmart made its seller and product vetting more lax to try to compete with Amazon, and that invited some trouble. Amazon got a lot stricter, it banned a lot of sellers, and made it a lot harder to sell name brand goods. And so these sellers were looking for a new place to go, and Walmart eager to expand kind of made it easier for them to get in the door. It does come with a lot of risks. So a lot of the products that we found in this investigation are health and beauty products, things that go on our face, counterfeit supplements.

We spoke with a customer who purchased counterfeit brain supplements from Walmart. And if someone's injured from that, that can open up a lot of liability. CNBC's Gabrielle von Rouge, the whole investigation is at CNBC.com. Nordstrom opening as many as a dozen new stores between today and the end of October in Colorado, Florida, Georgia, Idaho, Massachusetts, New York, and Texas, according to USA Today. Starbucks bringing back Apple Crisp beverages in mid-October. Apple's iPhone 17 is on sale today, as we mentioned, and new in theaters, Sony's a big, bold, beautiful journey, and Universal's Hymn, Universal's a sister company to CNBC.

Jessica Ettinger, CNBC. CNBC is the network for ambitious people.