Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23
Squawk on the Street
English - July 18, 2023 15:06 - 43 minutes - 40 MB - ★★★★ - 489 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Cramer's Morning Take: Big Tech 7/17/23
Next Episode: Cramer's Morning Take: Big Bank Earnings 7/18/23
Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by
better-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this coming
one day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels
not seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&T
and Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ moves
in light of the labor strikes in Hollywood.