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Transcripts For CNBC Closing 20240703

The 200 Day Moving Averages. The nasdaq where the biggest pain is today. Several megacap tech names see moderate shelling. We see the names with amazon, which is sharply lower as the ftc hits the company with an antitrust suit well have an update on that in just a little bit. Alphabet, apple, microsoft, theyre all lower as well. Take a look. 2 declines. That does take us to our talk of the tape is there still a bull case to be made for stocks in the years final stretch . Some suggest despite all of what we just said, the answer is yes. For more, lets bring in adam parker, founder and ceo of research, and cnbc contributor lets say that i was talking to mike santoli came up to me and said President Biden obviously went to see the striking uaw workers today. Said him saying he supports a 40 increase in pay for uaw workers sent stocks lower. I was looking at gm and ford, the ....

Bull Case , Mike Santoli , President Biden , Bond Market , Something Interesting , Biggest Issue , Strong Economy , Led Program , Year End , Good Year , Promised Land , Basis Points , Government Shutdown , Unemployment Rate , Wage Growth , Day Moving Average , Jamie Dimon , Higher Oil , Oil Gas , Oil Gas Prices , Prices Higher , Regional Banking Crisis , Oil Sensitive , Industrial Companies , Companies Government , Just Say ,