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CNBC Power Lunch July 13, 2024

Chaos. Power lunch starts right now the dow is hanging onto gains. The s p 500 is in the green. If it finishes lower on track to snap a 7week winning streak check out the big winner target the best performing s p stock this week. Shares jumping double digits after its earning report earlier. The stock sitting near record highs. With those weekly winning streaks in jeopardy, are stocks setting up for the winter blues. Bob is at the New York Stock Exchange its way too early to get bearish. Look at that big move up for the month of november, all the right stocks have been moving thats sickically cal sectors. Banks are up the industrial sectors are up. Energy is up health care is doing great thats a little more defensive where is the markets now its important to remember why were at highs theres three reasons why were hitting highs. The fed is neutral and has been expanding its balance sheet. They are tariffs, there is no expansion of the tariff war yet. The market believes there will not

CNBC Squawk Alley July 14, 2024

Currency with benign neglect in order to function as the reserve currency properly. And this is something we really have to take seriously in this particular environment trump can say whatever he wants politically. Mnuchin can say whatever he wants politically, but getting into intervention has always been a failed tool its never worked. And the concept that the Federal Reserve would cause it not to work by sterilizing is probably incorrect. Its not going to work in and of itself because nobody is big enough in that market to really drive the size of that market enough to have a noticeable impact excellent steve, glad to get your thoughts on that. Well go back to jon fortt and the gang thank you, steve pleasure. Good monday morning welcome to squawk alley. Im jon fortt with Morgan Brennan and david faber live from post 9 live at the New York Stock Exchange carl has the morning off and we have to begin with this selloff stocks are falling across the globe, as china devalues its currency

Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report

Tesla short sellers have made more than $3 billion since the company’s third-quarter earnings call, according to data from Ortex.

Tesla shares drop 5% on Panasonic battery warning

Tesla short sellers have made more than $3 billion since the company's third-quarter earnings call, according to data from Ortex.

Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report

Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report
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