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Squawk on the Street

Stocks Plummet As Russia Attacks Ukraine

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at stocks plunging after Russia invaded Ukraine. The NASDAQ touched its lowest level in nearly a year with the Dow and S&P on pace for their worst months since March 2020. The attack also sent gas and energy prices soaring; Brent and crude oil both topped $100/barrel. CNBC’s DC reporter Kayla Tausche joined the top of the show to breakdown the latest developments. Also in the mix: The anchors discussed a slew of tech stocks sliding after reporting results; Shares of eBay, Alibaba and Booking Holdings all dropped in early trading.

Broadcast on:
24 Feb 2022