Stock Surges and Cinema Revivals

Description: Carl Quintanilla, Morgan Brennan, and David Faber discussed the latest for stocks on another morning seeing selling: the Dow, S&P, and Nasdaq all on pace to end the week in the red. United Health a big drag across indices on news of a potential probe from the DOJ – the team broke down the latest there to kick off the hour. Plus, why Edward Jones Senior Investment Strategist sees no recession in sight, and new data when it comes to housing and the consumer. 

2 CEOs joined Squawk on the Street this hour: Visa’s Ryan McInerney with his outlook following the company’s investor day, and IMAX’s CEO broke down demand trends in China. 

Also in focus: comments from OpenAI’s CFO at the FII Summit in Miami; the SEC dropping its case against Coinbase; Musk wants to audit the Federal Reserve; and a look at why Celsius shares are surging. 

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