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Market Rally and Fed Aftermath, Starbucks Surges, Gains for Lilly and Novo Nordisk 11/2/23

Market Rally and Fed Aftermath, Starbucks Surges, Gains for Lilly and Novo Nordisk 11/2/23

FromSquawk on the Street


Market Rally and Fed Aftermath, Starbucks Surges, Gains for Lilly and Novo Nordisk 11/2/23

FromSquawk on the Street

ratings:
Length:
45 minutes
Released:
Nov 2, 2023
Format:
Podcast episode

Description

Jim Cramer and Sara Eisen discussed what to make of Wednesday's Fed decision on interest rates and comments from the central bank's chair Jerome Powell. This as bond yields fall, the Dow and S&P 500 aim for a fourth straight day of gains and the Nasdaq goes for a five-day win streak. Starbucks shares surged on better-than-expected Q4 results. Shares of anti-obesity drugmakers also saw gains: "Mounjaro" manufacturer Eli Lilly and Novo Nordisk -- the home of "Ozempic" and "Wegovy" -- posted quarterly beats. Also in focus: More earnings winners and losers, plus what to expect from Apple's after-the-bell results. Squawk on the Street Disclaimer
Released:
Nov 2, 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.