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Stocks Tumble on Inflation Surprise: What Investors Should Do Now 4/10/24

Stocks Tumble on Inflation Surprise: What Investors Should Do Now 4/10/24

FromSquawk on the Street


Stocks Tumble on Inflation Surprise: What Investors Should Do Now 4/10/24

FromSquawk on the Street

ratings:
Length:
42 minutes
Released:
Apr 10, 2024
Format:
Podcast episode

Description

Jim Cramer and David Faber explored market reaction to the hotter-than-expected March inflation data, which sent yields higher and stocks tumbling. The Consumer Price Index revived worries that the Fed could hold off on a June interest rate cut. Cramer discussed how investors should navigate this market and why he believes the Fed is "in a box." Also in focus: Nvidia in correction territory, divergence in big tech, Delta among thebright spots after an earnings beat, Jack Ma's message to Alibaba employees, Apple ramps up iPhone production in India. Squawk on the Street Disclaimer
Released:
Apr 10, 2024
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.