i'm sara eisen with carl quintanilla and david faber. nine of the new york stock exchange take a look at stocks here in the early action declines we're down 358 on the dow. the s&p 500 down a full percent as well, and the nasdaq under performing as it has been as we've seen these rising yields over the last week and a half down 1.25% this comes after yesterday's rebound in stocks. 30 minutes into the trading session. here are three big movers we are watching for you right now earnings is the theme. ups is under pressure this morning. missing revenue estimates, lowering its forward guidance due to, quote, the volume impact from those labor negotiations and costs associated with the tentative teamsters agreement. look at international flavors and fragrances, slashing guidance after consumers pulled back during the quarter. that company warning that destocking could continue for the rest of the year stock is getting absolutely hammered then on the plus side, eli lilly, one of the top gainers on the s&p as novo nordisk heads higher. >> getti

i'm carl quintanilla with leslie picker is the pause set up for a pause?modities, ed morris, with us. >>> later, an exclusive with the ceo of sunova, first on cnbc after earnings >>> let's take a look at the markets, about an hour and a half into trading here green on the screen. nasdaq the laggard here. the dow up more than 300 points. se

i'm carl quintanilla with david faber and mike santoli. cramer has the morning off. coming off our first back-to-back s&p gains of the month, futures look to give a little back of the open as we await inflation data beginning with jolts in about an hour. our roadmap begins with, as we said, first back to a back gain since july, still on pace for the worst month of the year. >>> the white house names merck, amgen, abbvie products among the first ten drugs for direct negotiations between medicare and those manufacturers. >>> commerce secretary raimundo making her way to shanghai, this as she continues the four-day trip overseas. we will take you live to china. >>> let's begin with the markets as we start talking about the month of september. yesterday, mike, it was sam stovall who said, look out, it's the month where you're more often down than up. be spoke says when you're up double digits going into september for the year-to-date, not usually as bad. >> usually strength on some level begets further strength. i feel like we've been hyper focused on the seasonal stuff

i'm carl quintanilla with jim cramer and david faber nvidia's lowout going to boost the nasdaq as the market moves on to jackson hole jobless claims come in the lightest of the month. yields are higher across the board. our road map begins with nvidia's a.i. boom the chip maker delivering that blowout quarter with no sign of slowing demand >>> plus, we'll talk fed expectations, what investors need to know as central bank leaders gather in jackson hole, wyoming. >>> boeing is weighing on the dow. the shares are moving lower after the company revealed a new 737 max manufacturing defect >>> let's kick off with nvidia, set to open at a record high this morning company more than doubles revenue, raises their guidance, citing a surge in demand for a.i. chips this is jensen huang on last night's call >> our demand is tremendous. we are significantly expanding our production capacity. supply will substantially increase for the rest of this year and next year nvidia has been preparing for this for over two decades. >> jim, no lack of superlatives today. >> no. and look, because i do want to be

i'm carl quintanilla with sara eisen.gust comeback marches on as investors digest the eco data. is this the beginning of a broader rally into september? >>> an exclusive interview with campbell soup ceo mark clouse.

. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramert post nine of the mark stock exchange. david faber has the morning off. bond yields still elevated even after reassuring productivity and labor cost data. >>> our road map begins with warren buffett telling cnbc he's not worried about the fitch downgrade. >>> apple and amazon set to report after the bell tonight. >>> speaking of earnings, we're going to talk to shopify's president this hour on the company's latest quarter after topping some estimates >>> but let's begin with tech as we look ahead to apple and amazon tonight the nasdaq, as we said, worst daily performance since february, jim. are we going to use qualcomm as a read for tonight >> no, qualcomm is just pa theting i. i was disgusted with that quarter. i'm so tired of their hype i'm sorry. i have a negative attitude about them i'm positive about other things. i mean, at the start, once again, they do this thing, it's great, it's great, it's great. and then you get to actually, but you know what, it's bad, and it's weak. it'

i'm carl quintanilla with leslie picker u.s.liffs >>> transitioning on wall street former goldman sachs exec is here at post

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramert post nine of the new york stock exchange. david faber has the morning off. pretty soggy premarket target, tjx, moving the retail earnings ball along, and the ten-year still elevated at 4.22%. cisco tonight. our road map begins with target. up sharply as an earnings beat offsets this sales miss and the lowered guidance >>> regional banks looking to rebound after the comments on capital requirements >>> and concerns about the china slowdown weighing on that country's stocks, including jd.com, which did have strong results. let's begin with target. mixed results, lowered guidance, jim, negative comps, inventory down 17. there's something for everybody in this. >> there is. and when you speak to brian cornell, it's one thing. he's obviously disappointed in same store sales he does not like to miss that number i will tell you this when you see inventories down, that means there's no promotion coming up, so things will be okay forecast wasn't exactly what i wanted one of the things that br

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with mike santolimorgan brennan. jim and david have the morning off. july jobs comes in with a second straight miss. 187,000 with some negative revisions. two straight months now below 200,000. premarket pretty steady as we look over last night's stack of earnings as well our road map begins with that cooling labor market what does that mean for the fed? >>> plus, apple weighing on the markets. the company delivering a surprise profit and record services revenue, but says weakness in pc and ipad could continue to drag down sales. >>> and amazon shares rallying after reporting blowout profits beating on sales and the company issuing optimistic guidance as well >>> interesting internals in the jobs report this morning 187,000. unemployment, 3.5% average hourly earnings, a touch hot, but the workweek shrank, mike, so total weekly pay, below expectations >> i think it all nets out to consistent with a slowing but still tight labor market and a relatively soft landing for the economy. you did have those dow

." >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at post nine of the new york stock exchange. futures steady but we got a bunch of movers, especially in consumer, as foot locker and peloton get crushed on results. meantime, in europe, dollar getting a bounce. our road map begins with a retail reckoning. foot locker is the latest to c cite consumer softness. >>> shares of nvidia, well, they've hit record after record of late and are potentially higher ahead of the open. investors, of course, will be closely watching those quarterly results. they will be delivered after the bell. >>> and mohow about some concer about housing? demand is dropping to its lowest level in 28 years. toll brothers, though, out with earnings and points to a supply-demand imbalance in the market. >>> let's begin with foot locker extending the retail rout we've seen. suspending the dividend. ceo mary dillon says the company saw a softening of trends in july, and we mentioned nike and this losing streak we've seen. >> mary's got -- she turned around

i'm carl quintanilla with sara eisen.'s emanuel roman headed for jacksonville next week. >>> hawaiian electric continues to grapple with the fallout from the devastating wildfires in maui. we'll talk to one of the company's largest shareholders about how they plan to move forward with this. >>> rosenblatt with new target on nvidia. we'll talk to the analyst hyped that call as the bulls continue to say this recent dip is a buying opportunity. >>> hour and a half into trading. take a look at the markets.

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with courtney reaganmike santoli of the new york stock exchange. the wait is almost over. powell's speech at jackson hole over an hour away. futures supportive after the bulls dropped the ball, the dow's worst performance since march. a lot of earnings sneaking under the gate. road map begins with powell's inflation pitch, investors closely watching the rate policy tea leaves at jackson hole. >>> plus, retail's reckoning, nordstrom saying theft is at historic highs and gap also warning of an uncertain consumer. >>> we'll bring you the ceos of property group, authentic brands and their new partner the executive chair of shehan. >>> fed chair's remarks scheduled to be delivered next hour. steve liesman is in jackson hole, been busy all morning long and has a preview. hey, steve. >> hey, carl, despite the 5 percentage point decline in inflation since the fed last gathered here in the mountains fed chair jay powell not expecting to deliver a victory speech here in jackson hole. while powell may acknowledge th

i'm carl quintanilla with mike santoli.ors and capri holdings in an $8.5 billion mega deal tapestry ceo will join us. >>> white house unveiling a ban on u.s. investment in certain chinese tech companies deputy secretary treasury fills us in. >>> twilio shares up big with guidance boost ceo will join us

i'm carl quintanilla with courtney reagan. david faber here. sara eisen has the morning off.g losses for august. we'll watch that closely. >> 30 minutes into the trading session. three movers we're walking. ambarella plunging. the ceo warning of a challenging environment as customers reduce their unveninventory. hp falling also. and watch shares of pvh, beating on the top and bottom lines and solid growth in the asia business, of course that's the parent company of tommy hilfiger and calvin clein. >>> july numbers pending homes, signed contracts not yet closed, so they give us a glimpse into the future. up .9%. up .9%. believe it or not, that is the best number going all the way back to january when it was 8.13. so even though that's the comp, it was much higher in january. now if you take a year over year perspective, minus 13.8. minus 13.8 and we haven't had a positive year over year number going all the way back to november of 2021. but that's sort of normal on the year over year looks. that series started in '02 and the first year and a half it was on record, it was prett

>>> good wednesday morning i'm carl quintanilla with leslie picker today, can accord chief market strategist tony dwyer is with us his recession call and chief takeaway from earnings so far this year. >> and the ceo of abercrombie & fitch also joins us. huge earnings beat here, raised guidance and the impact of shrink in retail >>> later on, roger ferguson on the possibility of not one more rate hike, but two, as we get closer and closer to powell's speech on friday >> and as we get closer and closer, the markets continue to turn higher and higher you can take a look at the nasdaq, up 1.4% right now. the s&p up about 0.9% and the dow up about 0.4% today. >> topping the tape for us is this relief in yields and why the cure for high yields is often high yields. that has been the thesis of mike santoli, who joins us this morning. we got back to 4.25. >> we did. and these are minor moves relative to the overall moves we've seen higher in yields, but yesterday we spoke about how this move above october highses in the ten-year note yield, the concern about that was for straining growth it's the ma

i'm carl quintanilla with jim cramer and david faber. tesla and nvidia up another 2 to 4%.ig morning. retail earnings, another bank downgrade and more. our roadmap will begin with the retail stuff. lowe's and macy's beating on the bottom line. dick's tumbling on a big miss. >>> on the m anda front, microsoft submits a new proposal to u.k. regulators, seeking final approval on the deal to buy activision. the chip designer filed for what is expected to be the year's largest i pfrpo. >> i think renee hawes is the real deal. spent a lot of time at nvidia before he went to arm. i'm now putting out $100 billion. i was trying to be spontaneous. >> we do it every time. we blow up what we plan -- >> i was trying to go right there. >> literally the second the show starts. >> thank you. >> you're welcome. >>> we'll do retail since the booth has it stacked. macy's, dick's and lowe's all on the move. i'm not sure what's so important, the warning about shrink at dick's or credit at macy's. >> i told jeff bennett that i don't like it when you make a forecast when you say next quarter is r

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at post nine of the new york stock exchange pretty steady premarket after tuesday's attempt at an afternoon rally. china does slip into deflation for the first time in two years. is that a tell for our own cpi print tomorrow ten-year, 4.02% consumer prices in china falling. big news for one of the world's largest economies. >>> disney also in focus this ahead, of course, that will be an after the bell earnings report but the company's espn unit striking that deal with ten entertainment. >>> we will keep an eye on eli lilly's record run sparked by not just its diabetes drug but also that very encouraging study in terms of the broader impact of those weight loss reduction drugs. also an upgrade this morning >> jeffries. >> thank you >>> start with disney and that espn sports betting deal sounds like this morning that you wonder why market's not making a bigger deal of it on the disney side. >> yeah, because i think one aft things -- there's 55 million people who play fantasy.

i'm carl quintanilla with leslie picker u.s. steel, as you may know by now, rejected unsolicited takeover from cleveland-cliffs >>> transitioning on wall street former goldman sachs exec is here at post 9. >>> ceo of wheaton precious metals on his outlook on what is turning into a very interesting commodity space. >>> so far this morning, we've seen all three major indexes in the green. staging a bit of a rebound from earlier when all three were in the red. when we started the show last hour so, you know, some kind of mixed commentary today the overbought theme is still out there. you've got some concerns about china and potential contagion risks over there now some additional headlines. >> the ten-year back to 4.2 and breaking news out of the fed let's get to steve liesman. >> good morning, carl. new york fed household expectation showing one-year expectations falling from 3.5% to 3.8%. a fairly large decline in inflation among the population one-year inflation expectations are at their lowest level since april 2021 this follow

i'm carl quintanilla with sara eisen. setting the agenda for today, pimco's emanuel roman headed for jacksonville next week. >>> hawaiian electric continues to grapple with the fallout from the devastating wildfires in maui. we'll talk to one of the company's largest shareholders about how they plan to move forward with this. >>> rosenblatt with new target on nvidia. we'll talk to the analyst hyped that call as the bulls continue to say this recent dip is a buying opportunity. >>> hour and a half into trading. take a look at the markets. a down week overall for stocks. we've seen a lot of breakdown. for instance, the russell 2000 index of small caps below the 200-day moving average. there's been pain in the transports and some of the cyclical areas of the market and technology. although, carl, a little improvement with the dow going positive here. nasdaq still the laggard. down more than 2.5% for the week. utilities, staples, energy, industrials, real estate, financials now all green. so, maybe some buying here. sfwloot v

i'll carl quintanilla with david faber. cramer has the morning off. futures steady as the bulls put together a winning week on the s&p. eco data is going to dominate this week. jobs number on friday. two-year does hit 5.1, almost a two-month high. our road map begins with the congress secretary telling thegyne ease it is profoundly important for the two countries to have a stable economic relationship. >> plus, 3m is one of the biggest gainers on the s&p this morning. it would settle the cases over defective ear plugs sold to the u.s. military. >>> and we'll have the latest around m&a as the ftc suspends that challenge to block amgen's $27 billion deal for horizon therapeutics. a lot more on that and what it means in a moment. >> let's kick off the markets with a new week. action on friday actually coming out of powell's speech, not too terrible. a lot of discussion on friday, david, about optionality, balance, something for everyone. but on the dovish side, talking about some of the lag effects of prior hikes that maybe haven't hit the economy yet. >

got to have you sign it ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanillaith jim cramer at post nine of the new york stock exchange. david faber has the morning off. premarket is taking a spill on that downgrade of the united states big menu of corporate earnings, and the macro data runs a littl hot today. our road map begins with that downgrade, though. fitch is the first major ratings firm to downgrade the government's credit rating in more than a decade >>> earnings in focus, state of texas, ea, match, humana and amd's chief lisa su will join us later this hour. >>> apple sports books reportedly reaching a new streaming deal with the pac-12 let's begin with the fitch downgrade. downgraded the u.s. to aa plus you talked about this last night. is the market shrugging it off or not >> i think it has to in some ways, it's just an upgrade of the way we run our country, and i think you want to go back and think, well, what happened in august 5 of 2011 when the s&p downgraded us s&p was at 1,119 it had gone down to 1,095. so, there was a big decline. then, one

have a great weekend ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanillaith sara eisen, mike santoli at post nine of the new york stock exchange jim and david have the morning off. premarkets not thrilled with that macro data today. uk gdp runs hot. our own july producer prices run warm highest annual headline since may. bonds under pressure yet again our road map begins with a slightly hotter than expected july ppi >>> also ahead, the tech stocks are in the midst of its worst stretch since december will the pullback be short lived? >>> president biden speaking out about china's economic challenges, calling the country a "ticking time bomb." >>> let's begin with the markets on this final trading day of the week as investors digest today's ppi number interesting, sara. i mean, 0.1 is not that dramatic we had a negative revision, but coming off the stellar reception to cpi yesterday, maybe it looks a little bit worse >> yeah, after a zero percent in june, you don't want to see it tick up to 0.3% in july, which is what we got, and we know producer prices are

i'm carl quintanilla with david faber and leslie picker here at post nine.has the morning off. trying to get a little bit of bounce after three weeks down for the s&p. a lot is going to depend on the data and the earnings headed our way. some high-profile ones including nvidia. >> a pretty big week. wea we're 30 minutes in. tesla rebounding this morning, though still in correction territory after a double digit fall in august. shares more than 25% off 52-week high and up 6% today. >>> and nvidia, carl just mentioned it, continuing its ride higher. hsbc raising its price target to $780 per share as baird calls it a top pick ahead of results later this week. that stock up about 4.5%. and finally, palo alto surging after a strong eps beat and guidance. more on those results in just a moment. >>> well the dow is coming off what was its worst week since march. the nasdaq posts its biggest three-week drop since december. all this as investors brace for fed chair powell who will be at jackson hole later this week. steve liesman joins us, of course. he gets ready fo

. >>> good wednesday morning i'm carl quintanilla with sara eisen live on the floor of the new york stock exchange. this morning, former fed jis chair rich clarida is a surprise move to the upside coming this week on the inflation front. >> aiece with us, taking sthook lower this morning we'll ask him went what wrong for advertising this quarter >> later, speaking my language, d the pop star joining us. and stocks up and down up and down the pain continues to be in technology, where teeing off of last week where we saw this big rise in yield. the nasdaq down 1%, s&p down a third of 1%. i would also just throw in oil, which is making new highs for the year, despite concerns about weakness in china, about potential weakness in the united states oil just marching higher this morning, which is raising some questions about inflation tomorrow and just how sticky it's going to remain in the months to come as the fed tries to fight it. >> got to 8411 this morning, that is a fresh high gnat gas, the high since march as we're once again worried about the situation in europe and whether or not that

i'm carl quintanilla with julia boorstin this morning an earnings triple play draftking soars as it hikes its outlook. microchip down warning of international headwinds and striker gaining double digits. all three ceos with us. >>> today is all about a & a, apple and amazon on the back of earnings we'll have a breakdown. >>> nonfarm payrolls revised lower for the sixth straight month suggesting the slowdown may finally be here. is the fed finally getting what it wants >> first a check on the market the bulls with strong earnings from amazon. the dow near session highs, up nearly 200 points and a release in yields as they pull back from recent highs. >> interesting here. ten-year, we were talking about 24 hours ago at 4.2, today closer to 4.1, which is good news the wage growth in there was a touch hot, but you take into account the work week actually shrunk and the total payout was lower than expected. >> and our bob pisani was talking about this as a g goldilocks number. >> looking for inflation data in the coming days. meantime with payrolls missing expectations, the u.s. economy did ad

. >>> i'm carl quintanilla in for sc scott. tech is doing the heavy lifting, nasdaq the big winner. tesla, moderna, nvidia all powering higher, despite bond yields, as kelly and tyler said, hitting some 15-year highs yet again, as investors await key earnings from nvidia, and of course the fed chair's speech at jackson hole on friday, which brings us to our talk of the tape and who will win this market tug of war, the bulls or bears. guys, great to have you both. let me begin with you, john, and just walk me through whether or not these last three weeks this month of august, this correction of sorts, has come as any surprise to you. >> carl, great to see you again. a couple things i would say, i'm not surprised at all that we've had a little bit of softness. we had a very strong market coming off of the october lows. inflation peaked last summer, it's come down every single month and in the last few weeks we've had a lot of market participants saying we think recession fears are lower so they kind of jumped on the bandwagon. the fed came out and said we don't see a recession. i'm no

i'm carl quintanilla with courtney reagan, post 9 of the new york stock exchange. >>> as powell says, inflation is too high and more hikes could be necessary. we'll talk to cleveland fed president mester at the bottom of the hour live from jackson hole. >>> the ceos of intuit and affirm are with us. both stocks react positively to those results. >>> the executive director of shein as forever 21 and shein come together in this buzzy deal for fast fashion. >>> we'll take a look at the markets following that speech from fed chair powell. the all are modestly lower. nasdaq is pulling up the drag there, down 0.60%. we had been positive earlier in the session following what was largely expected, carl, from the fed share. powell maintaining his hawkish stance during his much anticipated speech out of jackson hole. powell saying he's still open to further rate hikes. >> although inflation has moved down from its peak, a welcome development, it remains too high. we are prepared to raise rates further if appropriate and intend to hold policy at a restrictive level until we are confident that in

i'm carl quintanilla with julia boorstin today expedia's chief peter kern will join us in a few moments. a krnks exclusive as that stock is getting flipped after earnings. >>> banana boat with results out and the ceo coming up. >>> morgan stanley's wealth management on reasons to get bearish quickly in this market. >>> stocks are extending yesterday's drop as the yields rise, the s&p and nasdaq are now on pace for their worst week since march. >> interesting action in bonds as the ten gets back to 4.2. weird. today we got decent productivity data, labor costs were okay, and then prices paid on the ism back to the highest levels since april. so the market's sussing out what is the inflation trend right now. >> watching that inflation trend and that commentary we got from warren buffett and his confidence in treasuries and the fact he's going to keep buying is just a question of which treasury >> right and then, of course, a slew of corporate results. we talked media last hour with warner bros. discovery all eyes are on apple and amazon and their commentary about the back drop. >> i think

>>> good tuesday morning i'm sara eisen with carl quintanilla from post 9 of the new york stock exchange. neuberger berman's holly craft is with us. >>> zaletis with strong revenue and cuts the outlook. >>> anheuser-busch selling off some craft beer brands the buyer? tilray, ceo irwin simon is coming up. having a nice double digit increase this morning. >>> markets giving back monday's gains and then some on some concerns about china weakness and the macro, moody's drawing attention to some banks, worst day for the kre since may. the vix back - >> we haven't talked about the vix. everything is selling off, except for health care, that's up 0.50% that's thanks to names we're seeing in names like eli lilly, potentially game-changing studies on heart disease from the obesity drugs. overall, carl, it's a selloff kind of day, it's broad. the focus continues to be on soft landing, no landing we'll get a key inflation report on thursday that will be definitive in trying to figure out what happens there on the policy front >> meantime, ten-year snuck back below 4% this morning. we're talking abo

i'm carl quintanilla with leslie picker on the floor of the new york stock exchange. coming up, higher yields are ahead, that's the thesis from jim blanco, and why there's one more hike coming from the fed. >>> shares of smucker higher after strong earnings. the ceo will join us first on cnbc in just a moment. >>> later, elf beauty announcing the biggest deal in the company's history. stock is now outperforming nvidia over 12 months. that ceo is with us in the second half of the show. >>> but we're going to start this morning on investor sentiment. b of a noting equity inflows are on the rise for the fourth straight week with etfs being favored over individual stocks. senior stock commentator mike santoli with us. where is sentiment right now, given the nice rally? >> i think coming into this week -- we cooled off from a month ago. i think you got a little exub exuberant, probably in those single stocks. you saw the options volumes and everything get a little nutty in july. we backed off that following the market. now it's still, i think, everything has remained withi

i'm carl quintanilla with leslie picker is the pause set up for a pause?hief strart gist will join us. >>> and citi's head of commodities, ed morris, with us. >>> later, an exclusive with the ceo of sunova, first on cnbc after earnings >>> let's take a look at the markets, about an hour and a half into trading here green on the screen. nasdaq the laggard here. the dow up more than 300 points. seeing a bit of a bounce as we're about 85% of the way through earnings season at this point in time. a lot of questions we talked about last hour, you talked the hour before that about the overbought status of the market, how we reach peak fed. a lot of fed speak this morning. looking ahead to cpi and ppi later this week. >> ppi on friday in the wake of some of the international ppi numbers, which, of course, are negative in a lot of cases. meantime, banks helping to lead, better than a percent. industrials up a percent berkshire up a couple of bucks. >> berkshire helping lift other insurers because they showed how much of a tailwind higher rates have been to their b

i'm carl quintanilla with mike santoli. coach owner tapestry buying michael kors and capri holdings in an $8.5 billion mega deal tapestry ceo will join us. >>> white house unveiling a ban on u.s. investment in certain chinese tech companies deputy secretary treasury fills us in. >>> twilio shares up big with guidance boost ceo will join us with those results at the bottom of the hour. >>> markets off their highs of the morning. we did have a little relief trade higher the s&p was up more than 1.1% at the highs, right back to that 4500 level that's been sticky the dow is closer to its highs of the month, actually and the nasdaq outperforming a little bit today as bond yields remain fairly tame, carl. >> got the ten-year back to $3.95 for a moment the vix back below 15 for a moment signs we had gotten used to in july we relaxed a little. the weekly claims is digestible but there was an uptick. soft landing premise remains intact we'll see if the markets get tested on that assumption at this point cooler than expected inflatio

>>> good morning i'm sara eisen with carl quintanilla live from the floor of the new york stock exchange panera's ron shaich weighing in on those results >> bratt ramamurti joins us as the landmark inflation reduction act turns one today. >> and later, former saks ceo steve sadove >> markets trying to get back some of what was lost on tuesday. as you know by now, the dow's worst day since july, up about 130 here s&p continues to circulate now around 44.50 you have a little bit more tame vix picture below 16 and that ten-year coming off of 4.22 this morning. >> tech is lagging after yesterday's sell-off and now the more recent underperformance of tech after the outperformance of tech so far year-to-date can tech continue to rally as these yields, even if they're pulling back, settle in at higher levels. and the debate continues about whether the economy is too hot to get rid of inflation for the fed. just this morning, we got some housing numbers that were better than expected. industrial production, a litter better than expected after yesterday's retail sales >> a lot of jokes about the

i'm carl quintanilla with sara eisen. the late august comeback marches on as investors digest the eco data. is this the beginning of a broader rally into september? >>> an exclusive interview with campbell soup ceo mark clouse. we'll ask him when consumers can expect relief there. >>> sixth street's alex waxman on how much excess savings have been propping up this economy and what happens when, inevitably, those savings dry up. >>> topping the tape this morning is the deluge of economic data. today's risk sentiment chalged up to inflation hike and the jobs market appears to be cooling. atlanta fed president bostic saying the central bank may not need to do more tightening. senior economics reporter steve liesman with us. does feel like, steve, the market is taking the data as a sign that the fed can do nothing in september, is that right? >> yeah, i think that's right. that's what the futures market shows. i don't think there's any reason to suggest the fed needs to do more here. there were some one-off things people are

i'm carl quintanilla with courtney reagan live on the floor of the new york stock exchange. is bad news finally good news? what this week's ecodata means for investors and the fed as we close out a rocky august. >> plus, hpe disappointing investors with its revenue outlook, but emphasizing the important role ai will play. the ceo joins us with those results this hour. >> later on, the ceo of novo nordisk, reaction to the white house's medicare price negotiation with two drugs on that list. >> topping the tape for us this morning is that economic data. weaker jobs, weaker inflation, and weaker gdp, helping the fed's crew said to cool the economy. the initial reaction on wall street was bullish, but sentiment has shifted, two hours into trading. senior economics reporter steve liesman and senior markets commentator, mike santoli are with us. steve, i guess the big question is, is the fed finally getting what it's been hoping for, what it's been working for all this time? >> yeah, incrementally, courtney, is the way i would put it. this data is not weak, per se, in the sense th

i'm carl quintanilla in for scott wapner this make or break hour begins with this friday fade. bulls did have the ball midday, but they stumbled late in the session on the back of a 4% drop in shares of apple bond yields do retreat dow was up 200-plus midday, now down 115 s&p got to 4,530 or so now 4,483. leads us to our talk of the tape is this week's pullback the beginning of something bigger as the s&p looks to snap a three-week win streak? let's ask cnbc contributor tom lee, fund strat's head of research on a summer friday. tom, great to have you as always thanks for the time today. >> great to see you, carl. >> i know you've been leery of the month of august in general did this morning's early tone do anything to change that? >> yes and no. i think there are some constructive things that happened today that make myself and mark, head of technical strategy, think we're actually in a bottoming, possibly for the month of august. the dollar reverse,ed sharply, and yields turned down, and as you know, both would be pretty big headwinds for stocks as we got into august, it's bee

>>> good wednesday morning i'm carl quintanilla top of mind were investors today, this historic downgrade of u.s. debt fitch ratings head of the americas richard frances will join us to defend their call >>> plus, immediate reaction from counsel's economic advisers jared bernstein as the white house pushes back hard on the timing of the call >> then, a c-suite double play the ceo of teva pharmaceuticals with us. big boost for that name after an earnings beat and raise. >>> and later, match group leading the s&p this morning after their results. the cfo joins us this hour for an exclusive >>> big news of the morning, fitch downgrading u.s. long-term credit to aa plus to aaa it is the second downgrade ever by a major agency after s&p back in 2011. joining us first this morning on cnbc, the interview with the man behind that call, fitch ratings richard frances. great to have you with us. thanks for the time. >> thank you >> i would love to know, sort of, your -- some color on the timing and the thinking behind the call now as some have pointed out, some of your quantitative models have been

. >>> i'm carl quintanilla in for sc scott. tech is doing the heavy lifting, nasdaq the big winner.yields, as kelly and tyler said, hitting some 15-year highs yet again, as investors await key earnings from nvidia, and of course the fed chair's speech at jackson hole on friday, which brings us to our talk of the tape and who will win this market tug of war, the bulls o

i'm carl quintanilla in for scott wapner this make or break hour begins with this friday fade.the ball midday, but they stumbled late in the session on the back of a 4% drop in shares of apple bond yields do retreat dow was up 200-plus midday, now down 115 s&p got to 4,530 or so now 4,483. leads us to our talk of the tape is this week's pullback the beginning of something bigger as the s&p looks to snap a three-week win streak? let's ask cnbc contributor tom lee, fund strat's head of research on

i'm carl quintanilla with seema mody charles schwab's liz ann sonders coming up with jackson hole kicking off. >>> and randy kroszner weighing in and breaking down the likelihood of what he calls a hardish landing. >>> the ceo of autodesk after earnings as that stock jumps on revenue beat and more enthusiasm about a.i. >>> let's take a look at markets. with the dow, s&p and nasdaq all trading lower. the nasdaq down 0.8 of 1%. >>> topping the tape today, jackson hole, as comments from philly fed president hashger seemed to turn the market a bit. both nasdaq and nvidia losing early gains. mike santoli is with us on the floor. i don't know if it's harker, necessarily. >> it was nonhawkish, to say the least, if that's the message we'll get more broadly out of jackson hole, i think it's acceptable to the market bond markets didn't get a jolted f jolt from that to me the setup has more going on, which is to say we had the minimally qualifying pullback, five minutes from the highs in the s&p 500. a luke warm comeback, people say this is make or break in terms of the trend and nvidia comes out, a

i'm carl quintanilla with jim cramer and david famer premarket is lower as the ten-year hits 427, up7 meantime china with the surprise rate cut home depot gets this week's earnings train going july sales coming in stronger than expected, home depot posts a quarterly beat despite increasing costs >> berkshire hathaway -- including d.r. horton and lennar we've gotten another warning from fitch, this time the rating agency telling cnbc it may be set to downgrade dozens of banks that could include jpmorgan chase. >> let's begin with the markets. a lot of credit card data said retail was going to come in strong here. >> look, the fed has tightened we know that i don't want a big jackson hole boom, but the economy -- the consumer is strong the enterprise is strong the weakness is, what, in trucking, in some really bad retailers? david, at times you have to play a game where you find this weakness i need to know where there's weakness give me some weakness. >> china go to china, young man. >> china is not in america i just want to give you a little -- >> well, you didn't specify geography t

have a great weekend ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanillas hot. our own july producer prices run warm highest annual headline since may. bonds under pressure yet again our road map begins with a slightly hotter than expected july ppi >>> also ahead, the tech stocks are in the midst of its worst stretch since december will the pullback be short lived? >>> president biden speaking out ab

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with mike santoli some negative revisions. two straight months now below 200,000. premarket pretty steady as we look over last night's stack of earnings as well our road map begins with that cooling labor market what does that mean for the fed? >>> plus, apple weighing on the markets. the company delivering a surprise profit an

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramert after tuesday's attempt at an afternoon rally. china does slip into deflation for the first time in two years. is that a tell for our own cpi print tomorrow ten-year, 4.02% consumer prices in china falling. big news for one of the world's largest

" not yesterday, it's next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanillae as we set up for an important week july quarter earnings, retail sales, fed minutes, bond yields perked up a bit as b of a upgrades the u.s. consumer today. our

i'm carl quintanilla with jim cramer and david famer premarket is lower as the ten-year hits 427, up depot gets this week's earnings train going july sales coming in stronger than

." >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer futures steady but we got a bunch of movers, especially in consumer, as foot locker and peloton get crushed on results. meantime, in europe, dollar getting a bounce. our road map begins with a retail reckoning. foot locker is the latest to

i'm carl quintanilla with jim cramer and david faber. tesla and nvidia up another 2 to 4%.l begin with th

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with courtney reagan the dow's worst performance since march. a lot of earnings sneaking under the gate. road map begins with powell's inflation pitch, investors closely watching the rate policy tea leaves at jackson hole. >>> plus, retail's

i'll carl quintanilla with david faber. cramer has the morning off.minate this week. jobs number on friday. two-year does hit 5.1, almost a two-month high. our road map begins with the congress secretary telling thegyne ease it is profoundly importan