Stocks Under Pressure, 3M's Massive Settlement, Zuckerberg vs. Musk: "Dead Serious" 6/23/23
Carl Quintanilla, Jim Cramer and David Faber discussed stocks pulling backat the end of a holiday-shortened week, with the Nasdaq and Nasdaq 100 on track for their worst week since April. Jim explained why he doesn't believe the selling is over. On the flipside, 3M shares rose after the Dow component agreed to pay up to $12.5 billion to settle hundreds of lawsuits by citieswho said the company's "forever chemicals" contaminated their drinking water. The anchors reacted to comments by UFC President Dana White, who said Mark Zuckerberg and Elon Musk are "dead serious" about fighting in a cage match. Also in focus:the biggest market movers, why CarMax topped the list of S&P 500 gainers, the FTC vs. Microsoft-Activision trial day two, numbers on Amazon and the consumer. Squawk on the Street Disclaimer
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Show Notes
Carl Quintanilla, Jim Cramer and David Faber discussed stocks pulling backat the end of a holiday-shortened week, with the Nasdaq and Nasdaq 100 on track for their worst week since April. Jim explained why he doesn't believe the selling is over. On the flipside, 3M shares rose after the Dow component agreed to pay up to $12.5 billion to settle hundreds of lawsuits by citieswho said the company's "forever chemicals" contaminated their drinking water. The anchors reacted to comments by UFC President Dana White, who said Mark Zuckerberg and Elon Musk are "dead serious" about fighting in a cage match. Also in focus:the biggest market movers, why CarMax topped the list of S&P 500 gainers, the FTC vs. Microsoft-Activision trial day two, numbers on Amazon and the consumer.
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