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Squawk on the Street

Markets Watching "Fedspeak" and Inflation, White House Slams OPEC+, and the Musk-Twitter Saga Rolls On 10/6/22

Carl Quintanilla, Jim Cramer and David Faber explored choppy moves in the markets, as investors focus on Fed policymakers' comments about inflation and the path ahead for interest rate hikes. Cramer weighs in on whether or not the chip sector has bottomed out. Oil prices in the spotlight: The White House blasts OPEC+ after the group agreed to a two million barrels per day output cut on Wednesday. Also in the mix: The latest on Elon Musk's attempt to buy Twitter, the challenges facing Meta, more job cuts at Peloton and how certain stocks are moving on CEOs' pricing comments.

Broadcast on:
06 Oct 2022