Analysis of Chicago PMI June Read and Market Reactions

On the final trading day of June, Q2 and the first half of 2024. Carl Quintanilla and Jim Cramer explored market reaction to Thursday night's presidential debate. With Democrats unnerved by President Biden's performance, Cramer highlighted stocks he believes would benefit from an election win by former President Trump. The anchors also discussed Nike shares tumbling on a surprise Q4 sales decline and weak revenue guidance. Also in focus: PCE indicates tame inflation, preparing for second half markets, assessing the S&P 500's first half winners and losers, Chewy's wild ride.

Squawk on the Street Disclaimer

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.