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Transcripts For CNBC Squawk On The Street 20170105

Weak ahead of the jobs number tomorrow. A handful of ugly misses, store cuts and outlooks, macys, kohls, l brands all moving low sgl er. And market slipping away from 20k. A day of record auto sales. And trio of news to get to on apple, the app store and a new 1 billion investment from that company. Were going to fill you in. But first up in about a half hour from now the Senate Armed Services committee will hold a hearing on Cyber Threats against the u. S. Sparked by allegations that russia engaged in hacking to influence the u. S. Election. Committee chairman john mccain favors creating a special committee to investigate russia while president elect trump has expressed obvious skepticism about the russia hacking probe. Journal today reports the president elect is working with top advisors to revamp the office of the director of National Intelligence which is this nations Top Spy Agency created after 9 11, guys, to sort of coordinate intelligence from various officials. Question is wh

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