Squawk on the Street
White House Reaction to the Jobs Report, Tech Surges and Nasdaq Makes History, Tesla's Big Week 7/5/24
Jul 5, 2024
Financial experts David Faber, Leslie Picker, Mike Santoli, and Acting Labor Secretary Julie Su discuss reactions to the jobs report, tech surges, Nasdaq highs, and Tesla's performance. Topics also include the UK election, Boeing's legal decision, bank earnings preview, energy sector performance, and market analysis.
42:23
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Quick takeaways
- White House reacts cautiously to jobs report with election looming, tech sector and Nasdaq hit new highs
- Energy sector's growth linked to AI expansion, travel industry preps for dynamic second half of the year
Deep dives
Fidelity Basket Portfolios for Investment Simplicity
Investing in Fidelity Basket Portfolios is like creating a sandwich - easy and satisfying. The podcast highlights the simplicity of selecting stocks and ETFs to build a robust investment portfolio. Focusing on companies like Microsoft, Amazon, and Alphabet set to achieve new highs shows the potential for significant returns. Tesla's ongoing success and the UK Labour Party's electoral victory are also key points of interest.
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