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Transcripts For CNBC Squawk Alley 20240713

Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with jon fortt at post nine of the new york stock exchange. Morgan brennan is in simi valley at the Reagan National library we start with jobs numbers, sending stocks surging, near session highs, up 303 on the dow, flirting with 1 gains in the session. Joining us to morning, mike santoli covering the up swing in the best of both worlds. The market was craving a good number, good news is good news no implications for the fed trying to restrain things. It is interesting, you look at the week, we did a v in psychology and the stock market, a week ago yesterday hit the alltime high, 3150 in the s p 500. We ran into ism numbers that challenged the rally u. S. Growth close to 2 . Weaver an overbought market, little shakeout. Now it seems like numbers since then restored that premise that things are
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Transcripts For CNBC Power Lunch 20240714

Tariffs on china came in the wake of an 11 30 a. M. Meeting with secretary mnuchin and robert light hauser, the u. S. Trade representative, who briefs him on how things went in shanghai this week the president issuing this tweet suggesting that hes frustrated with the talks and frustrated with chinas lack of follow through and also to stop the sell of fentanyl in the United States the president saying that china had agreed to do that and it never happened and as a result, americans continued to die, so as a result, he says on september 1st, yithe united stae is going to put a small tear i have on the remaining goods coming in to our country from china. He says he looks forward to continuing positive dialogue with china and a comp help sieve trade deal and ends on a positive note saying he hopes the future between the two countries will be b bright this sets up a dynamic with the trade talks in washington which is going to have a li ....

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