Squawk on the Street

Jim Cramer and Jeff Marks discuss why interest rates going higher is driving the market down. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer began the show by breaking down the broader markets on the shortened week of trading. The anchors also reacted to Federal Reserve Governor Christopher Waller telling CNBC that the markets are coming off “a hell of a good week of data” that will buy the central bank some time on policy decisions. Additionally, the desk hit Arm Holdings, which kicked off its IPO roadshow and submitted an updated filing for its upcoming listing, setting a price range between $47 and $51. Also in the mix: Warner Bros. Discovery warned that it is expecting to take a $300 million to $500 million profit hit from the ongoing Hollywood strike.  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.

On the first trading day of September, Carl Quintanilla, Leslie Picker and Mike Santoli led off the show with the August employment report. It showed job creation and the unemployment rate came in in higher-than expected last month, while non-farm payrolls growth was downwardly revised for June and July. National Economic Council Director and former Fed vice chair Lael Brainard joined the program with White House reaction to the numbers and her take on inflation. Veteran strategist Ed Yardeni shared his expectations for the markets this month. Also in focus: Lululemon's earnings beat, Walmart's all-time high, Dollar General's downgrade parade, the FTC/Amgen-Horizon Therapeutics settlement, Disney-Spectrum/Charter carriage dispute, Dell surges, Barry Diller slams Netflix.   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.

On the final trading day of August, Carl Quintanilla and Sara Eisen explored market reaction to the Fed's preferred inflation gauge -- Core PCE -- coming in as expected but a tick higher in July. This as the major indices entered Thursday's session in the midst of a four-day win streak, but on track for a negative month. Shares of Salesforce surged on quarterly results and guidance above analyst forecasts, getting a lift from AI. Also in focus: The July consumer spending jump, Dollar General tumbles on an earnings miss and lowered guidance, Shopify-Amazonpartnership, Sara's exclusive with Authentic Brands CEO Jamie Salter, why movie stocks are getting a boost from Taylor Swift. 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.

With major indices aiming for a fourth straight day of gains, Carl Quintanilla and David Faber discussed market reaction to key economic reports: ADP data show jobs growth cooled in Julywhile Q2 GDP and PCE inflation gauge were revised lower - fueling investor hopes that the Fed could stand pat on interest rates in September. Trivariate Research founder Adam Parker offered his take on the markets,including Nvidia's post-earnings stock moves and the AI trade. Also in focus: Commerce Secretary Gina Raimondo spoke exclusively to CNBC about her visit to China, Hurricane Idalia makes landfall in Florida, Apple's September 12 product event, HP Inc. and Ambarella shares tumble. 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.

Carl Quintanilla, David Faber and Mike Santoli discussed the markets' road ahead: The Nasdaq headed into Tuesday with gains in five of the last six session, but still on track for its worst month of the year along with the S&P 500. Commerce Secretary Gina Raimondo headed to Shanghai after meeting with China's vice premier. Eunice Yoon reported from the high-speed train in which the secretary was traveling. Also in focus: The Biden Administration unveiled its list of drugs selected for Medicare price negotiations, Best Buy's earnings beat, Verizon and AT&T upgraded, Alphabet trades near 2023 highs, Nvidia's post-earnings moves and AI, what Amazon CEO Andy Jassy reportedly told remote workers about returning to the office.  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.

Carl Quintanilla and David Faber kicked off a new market week after a Friday in which the Dow posted its best day in about three weeks and Fed Chair Powell delivered his Jackson Hole speech. What should investors make of Nvidia erasing last week's gains from its blowout quarter? Also in focus: Commerce Secretary Raimondo's visit to China and that country's moves to boost its capital markets, 3M shares up sharply on reports the company is near a $5.5 billion settlement related to its earplugs, the FTC pauses its challenge to Amgen's $27 billion deal to acquire Horizon Therapeutics. 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.

Carl Quintanilla, Courtney Reagan and Mike Santoli focused on what investors could expect from the Fed Chair Jerome Powell at the Fed symposium in Jackson Hole, Wyoming. Friday's event comes one day after a Wall Street sell-off which erased gains sparked by Nvidia's blowout quarter. Retail back in the spotlight and capping a volatile week for the sector: Gap posted mixed quarterly results, while shares of Nordstrom fell despite a quarterly earnings beat. The company said losses due to theft were historic. Also in focus: Sara Eisen's rare interview with the CEOs of Simon Property Group and Authentic Brands, along with the executive chair of Sheinabout a new fast-fashion retail partnership involving the Forever 21 chain. 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.

Jim Cramer and Jeff Marks break down results from Nvidia and preview the annual Federal Reserve meeting tomorrow at Jackson Hole. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about Nvidia: Shares surged to a record high on the company's blowout quarter and raised guidance due strong demand for AI chips. The future for interest rates also in the spotlight, as investors brace forFed Chair Jerome Powell's Jackson Hole speech on Friday. Also in focus: T-Mobile US plans to layoff 5,000 employees, supplier defect weighs on Boeing, Dollar Tree's turn to experience retail pain,Snowflake's earnings beat. 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.