CNBC Morning Squawk - June 18, 2014: Beware of this move from the Fed.

In the news today The crisis in Iraq and this afternoon’s policy statement from the Fed will test stock market sentiment , which has recently been back on the upswing. In early trading today, U.S. stock futures were little changed . (CNBC) President Barack Obama is not expected to approve imminent airstrikes in Iraq, even as Islamic militants attack that country's largest oil refinery north of Baghdad. (WSJ) While Obama plans to brief congressional leaders on Iraq today, a new NBC News- Wall Street Journal poll puts the president’s approval rating at just 41 percent amid setbacks abroad and at home. (CNBC) In a secret operation , American special forces have captured the suspected leader of the 2012 attack on the U.S. diplomatic mission in Benghazi, Libya. (NY Times) Ukraine's president Petro Poroshenko has proposed a ceasefire to allow pro-Russian separatists to lay down their weapons, following a phone call with Russian President Vladimir Putin.