44 min listen
Markets Rally, Retail Sales Jump in June and Citi and Wells Fargo Spike on Earnings 7/15/22
Markets Rally, Retail Sales Jump in June and Citi and Wells Fargo Spike on Earnings 7/15/22
ratings:
Length:
44 minutes
Released:
Jul 15, 2022
Format:
Podcast episode
Description
Carl Quintanilla and Mike Santoli focused on what investors should make of Friday's market rally, sparked by data showing retail sales up a better-than-expected one percent for June -- and quarterly results from Citi and Wells Fargo, one day after JPMorgan Chase and Morgan Stanley disappointed the street. Leslie Picker joined the discussion on the banks. Also in focus: China's economic growth slows to levels not seen since early 2020, Pinterest shares soar on a report stating Elliott Management has taken a big stake in the company, oil prices rebound as President Biden heads to Saudi Arabia, a hearing date is set for Twitter's lawsuit against Elon Musk, plus a "flashback" featuring Carl and Mike.
Released:
Jul 15, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/19/2019: The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. by Squawk on the Street