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Transcripts For CNBC Squawk Box 20161125

Complete report. And macys Ceo Terry Lundgren will join us at 7 00. And jerry storch will also join us live. Stocksindicating opening higher. Ri the dow would open higher by 52, the nasdaq, 3 1 2, and the s p 1 1. 63. In asia, hang seng, higher bay half percent. European equities have been relatively flat. Right now all are lower. The italian market, theres a big referendum being held on sunday, november 4 t december 4. The economist endorsed a no vote to telling italians when they go to the polls to vote no. The underlying issue is this doesnt speak to the core issues that the italian people face. If they vote no, what happens here . How does this spin out . Everybody thinks its gloom and doom. I dont think people believe that anymore in the wake of brachial plexus and the election. So you tell me what youre thinking, ill think the opposite. The elite think it will be horrific, the polls say no. Which makes me think yes. Thats way too confusing. If they vote no, there will be a genera

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