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It's October! Stocks and Oil Surge, Tesla Falls, Credit Suisse On Defense and Kim Kardashian Settles SEC Charges 10/3/22

It's October! Stocks and Oil Surge, Tesla Falls, Credit Suisse On Defense and Kim Kardashian Settles SEC Charges 10/3/22

Carl Quintanilla, Jim Cramer and David Faber explored the market rally kicking off the first trading day of October. The anchors reacted to the latest calls by equity strategists at Morgan Stanley, Goldman Sachs and Citi. Crude oil and energy stocks jumped on reports OPEC+ countries are mulling an oil output cut. Also in focus: Tesla shares fall despite record third-quarter deliveries, Credit Suisse's CEO tries to reassure investors amid a stock slide, The UK prime minister's tax cut U-turn, and Kim Kardashian agrees to pay the SEC more than $1 million to settle charges linked to a crypto promo on her Instagram.

Squawk on the Street

October 3, 202243m 17s

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Show Notes

Carl Quintanilla, Jim Cramer and David Faber explored the market rally kicking off the first trading day of October. The anchors reacted to the latest calls by equity strategists at Morgan Stanley, Goldman Sachs and Citi. Crude oil and energy stocks jumped on reports OPEC+ countries are mulling an oil output cut. Also in focus: Tesla shares fall despite record third-quarter deliveries, Credit Suisse's CEO tries to reassure investors amid a stock slide, The UK prime minister's tax cut U-turn, and Kim Kardashian agrees to pay the SEC more than $1 million to settle charges linked to a crypto promo on her Instagram. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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