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CNBC Squawk July 4, 2024

Producer prices. Those numbers are crossing hotter than anticipated. 3 is what we expected. 6 is what they came in. Another pattern that inflation could still be sticky. In terms what have we have with the benchmark, the stoxx 600 is weaker at this stage as we get going today. Lets look at the different sectors as well to see how we are traveling. Technology at the bottom nasdaq was weaker in session yesterday. Pointing out the big a. I. Stocks, nvidia and microsoft, going in different direction. Microsoft with support and nvidia is the weakest link. Technology is down. 40 . Montcler and dior as well. We have retreat for retail names, but down less than. 10 . Red cropping up in financials. Insurance names pushing higher. Admiral at the top. Bnps is up 2 leading that banking basket. Food and drink in the green. Autos with volkswagen at the top of the basket. Utilities up. 40 . Oil and gas support. 50 . Telco on the back of vodafone after the sale of the italian asset is 6 higher. Lets l

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