Yields Rise on Strong Retail Sales, Dimon's "Hunky Dory" Warning, FAA's Boeing Inspections. 01/17/24
Carl Quintanilla, Jim Cramer and David Faber focused on stocks extending Tuesday's losses and yields rising to their highs of the year -- after December retail sales came in stronger than expected, up 0.6%. The anchors also reacted to what Jamie Dimon told CNBC at the World Economic Forum in Davos, Switzerland. JPMorgan Chase's CEO issued a cautious economic outlook for this year and next: "I think it's a mistake to assume everything is hunky dory." Also in focus: Fed Governor Waller's message on rates and inflation, The FAA completes initial inspections of Boeing 737 MAX-9 jets, a judge blocks the JetBlue-Spirit merger deal, Charles Schwab shares slide despite an earnings beat, assessing regional bank results, Disney rejects Nelson Peltz's bid to join its board, Uber's CEO talks EVs. Squawk on the Street Disclaimer
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Carl Quintanilla, Jim Cramer and David Faber focused on stocks extending Tuesday's losses and yields rising to their highs of the year -- after December retail sales came in stronger than expected, up 0.6%. The anchors also reacted to what Jamie Dimon told CNBC at the World Economic Forum in Davos, Switzerland. JPMorgan Chase's CEO issued a cautious economic outlook for this year and next: "I think it's a mistake to assume everything is hunky dory." Also in focus: Fed Governor Waller's message on rates and inflation, The FAA completes initial inspections of Boeing 737 MAX-9 jets, a judge blocks the JetBlue-Spirit merger deal, Charles Schwab shares slide despite an earnings beat, assessing regional bank results, Disney rejects Nelson Peltz's bid to join its board, Uber's CEO talks EVs.
Squawk on the Street Disclaimer
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.