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Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23

Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23

FromSquawk on the Street


Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23

FromSquawk on the Street

ratings:
Length:
43 minutes
Released:
Oct 4, 2023
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber started the show discussing stocks trying to bounce back after the Dow suffered its worst day since March with Treasury yields still hovering around multi-year highs. The group also hit Apple, which got downgraded to “sector weight” at KeyBanc; The firm cited high valuations and concerns over soft growth in the United States as the main catalysts behind its call. Apple shares are down double digits over the past 3-months, is now a good time to get in? After the opening bells, the anchors also talked about more than 75,000 Kaiser Permanente workers going on strike, amid a simmering dispute over staffing levels.  Squawk on the Street Disclaimer
Released:
Oct 4, 2023
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast 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 Chief Executive Officers and greatest market minds.