43 min listen
DC’s Race to Avoid Default, Surprise Auto Partnership, Mixed Retail Bag 5/26/23
DC’s Race to Avoid Default, Surprise Auto Partnership, Mixed Retail Bag 5/26/23
ratings:
Length:
44 minutes
Released:
May 26, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Sara Eisen and Mike Santoli discussed the ongoing market volatility with the Dow closing below its 200-day moving average for the first time since late March. Investors continued to look to D.C. as the White House and congressional negotiators close in on a compromise agreement to raise the debt ceiling for two years. The anchors also discussed the surprise partnership between Ford and Tesla. Ford announced it will work with Tesla on charging initiatives, allowing current Ford owners access to more than 12,000 Tesla Superchargers across the U.S. and Canada. After the bells, the desk drilled down on retail movers with shares of RH and Ulta getting crushed post-results while shares of Gap rallied.Squawk on the Street Disclaimer
Released:
May 26, 2023
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/08/2019: 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