Introduction

Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by 

better-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this coming

one day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels

not seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&T

and Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ moves

in light of the labor strikes in Hollywood.

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