Archive.fm

Squawk on the Street

Record Highs, Apple Doubling Down in China?, Corporate America Under Attack

The "Squawk on the Street" team digs through the data. Durable goods rising in October while economists were expecting a decline. Weekly jobless claims fell and Q3 GDP was revised to show growth of 2.1%. Markets getting a boost with all three major indices hitting fresh record highs at the open. Apple contributing to the gains. Nikkei reporting that in order to meet huge customer demand Apple has asked Luxshare-ICT to double its production of the earphones at its Chinese facilities to two million units a month. Plus, corporate America is under attack on the campaign trail. According to new data, Presidential candidates have called out more than 80 companies, in 30 industries on twitter. The top targets in the past six months: Amazon, Facebook, McDonald's and Walmart.

Broadcast on:
27 Nov 2019

The "Squawk on the Street" team digs through the data. Durable goods rising in October while economists were expecting a decline. Weekly jobless claims fell and Q3 GDP was revised to show growth of 2.1%. Markets getting a boost with all three major indices hitting fresh record highs at the open. Apple contributing to the gains. Nikkei reporting that in order to meet huge customer demand Apple has asked Luxshare-ICT to double its production of the earphones at its Chinese facilities to two million units a month. Plus, corporate America is under attack on the campaign trail. According to new data, Presidential candidates have called out more than 80 companies, in 30 industries on twitter. The top targets in the past six months: Amazon, Facebook, McDonald's and Walmart.