Stocks Slump on Strong Jobs Report, “Fedspeak” and Rate Hikes, the Future for Meta's "Threads" 7/6/23
Squawk on the Street
00:00
The FTC's Rhetoric on Mergers
Capital markets get a little spicy. There's some biotech which is good, and I think there's going to be Chai Chaniyana. The FTC person who just says we can't do mergers because rich people benefit. A lot of the leaders are defensive cura, Dr. Peppers in the lead. Now, Microsoft's down two and a half. That won't last.
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