Win Streak Ends, "Powell Effect" In Focus, No "Power" for Stock Plummeting 35% 11/10/23
Squawk on the Street
English - November 10, 2023 15:54 - 41 minutes - 37.6 MB - ★★★★ - 489 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: CNBC LEADERS: John Malone 11/10/23
Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to rebound one dayafter this year's longest win streaks for the S&P 500 and Nasdaq came to an end. Hawkish comments by
Fed Chair Powell and a lackluster Treasury auction combined to spark Thursday's decline.The anchors also reacted to shares of Plug Power plunging more than 35% on a quarterly miss
and supply warning. Also in focus: Treasury Secretary Yellen meets with China's vice premier, billionaireinvestor Ron Baron on Tesla in China, rough day for Trade Desk, Diageo and luxury stocks,
market bright spots, what media pioneer John Malone toldDavid about Rupert Murdoch.