Stocks Rising, S&P 500 Ekes Out Another High, Changing Up the Dow, Exclusive Reporting on Palantirs Anticipated S-1, Big Earnings Movers

Published: Aug. 25, 2020, 2:47 p.m.

b'Carl Quintanilla, Jim Cramer & David Faber discuss the pop in stocks, as the S&P 500 ekes out another record high.\\xa0The U.S. and Chinese trade officials reaffirming their commitment to the Phase 1 trade deal.\\xa0Plus, changes are coming to the DOW as Exxon Mobil, Pfizer and Raytheon Technologies will be removed, while Salesforce,com, Amgen and Honeywell will be added.\\xa0The changes will take effect on August 31st.\\xa0Plus, David\\u2019s reporting on Palantir\\u2019s expected S-1.\\xa0According to his sources, they\\u2019re targeting listing on September 24th.\\xa0And a Faber Report, as David digs through the Tiffany & LVMH deal, getting pushed until November 24th.\\xa0According to his sources, LVMH\\u2019s Arnault still seeking price cut in the Tiffany deal.\\xa0The \\u201cSquawk on the Street\\u201d team digs through the movers of the morning, including earnings from Best Buy & J.M. Smucker.'