43 min listen
Win Streak Ends, "Powell Effect" In Focus, No "Power" for Stock Plummeting 35% 11/10/23
Win Streak Ends, "Powell Effect" In Focus, No "Power" for Stock Plummeting 35% 11/10/23
ratings:
Length:
41 minutes
Released:
Nov 10, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to rebound one dayafter this year's longest win streaks for the S&P 500 and Nasdaq came to an end. Hawkish comments by Fed Chair Powell and a lackluster Treasury auction combined to spark Thursday's decline.The anchors also reacted to shares of Plug Power plunging more than 35% on a quarterly miss and supply warning. Also in focus: Treasury Secretary Yellen meets with China's vice premier, billionaireinvestor Ron Baron on Tesla in China, rough day for Trade Desk, Diageo and luxury stocks, market bright spots, what media pioneer John Malone toldDavid about Rupert Murdoch. Squawk on the Street Disclaimer
Released:
Nov 10, 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