Strong September Start, Macys Surges, Ford Trims 1,400 Salaried Jobs, Peloton Pops
b'The \\u201cSquawk on the Street\\u201d team discusses the pop in stocks and the continuing strong start for the month of September.\\xa0A bright spot in retail as Macy\\u2019s shares surge on stronger-than-expected online growth.\\xa0The retailers second-quarter digital sales were up 53% from a year ago.\\xa0Plus, Peloton on the move after being named a \\u201ctop pick\\u201d at J.P. Morgan and increasing its price target to a street-high of $105 per share.\\xa0Ford announces they\\u2019re trimming 1,400 salaried jobs and offering early retirement.\\xa0Plus, David\\u2019s breaking news on a hostile bid as Altice and Rogers Communications go after Cogeco.'