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Navigating a Tough August, Commerce Secretary in China, White House Selects Drugs for Medicare Price Negotiations  8/29/23

Navigating a Tough August, Commerce Secretary in China, White House Selects Drugs for Medicare Price Negotiations 8/29/23

FromSquawk on the Street


Navigating a Tough August, Commerce Secretary in China, White House Selects Drugs for Medicare Price Negotiations 8/29/23

FromSquawk on the Street

ratings:
Length:
43 minutes
Released:
Aug 29, 2023
Format:
Podcast episode

Description

Carl Quintanilla, David Faber and Mike Santoli discussed the markets' road ahead: The Nasdaq headed into Tuesday with gains in five of the last six session, but still on track for its worst month of the year along with the S&P 500. Commerce Secretary Gina Raimondo headed to Shanghai after meeting with China's vice premier. Eunice Yoon reported from the high-speed train in which the secretary was traveling. Also in focus: The Biden Administration unveiled its list of drugs selected for Medicare price negotiations, Best Buy's earnings beat, Verizon and AT&T upgraded, Alphabet trades near 2023 highs, Nvidia's post-earnings moves and AI, what Amazon CEO Andy Jassy reportedly told remote workers about returning to the office.  Squawk on the Street Disclaimer
Released:
Aug 29, 2023
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.