Squawk on the Street

Second Half Playbook, EV Spark for Tesla and Rivian, Yellen to Visit China 7/3/23

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Show notes

Heading into the 4th of July holiday,, David Faber, Leslie Picker and Mike Santoli explored what to expect from stocks in the second half of 2023 following a bullish first half, especially for tech. Tesla and Rivian led Monday's EV stock rally after posting better-than-expected quarterly deliveries. Analysts joined the program with their outlooks for Tesla and energy, respectively -- the latter was the worst performing S&P sector in 1H. Also in focus: Treasury Secretary Janet Yellen to visit Beijing on Thursday for a four-day meeting with senior Chinese officials, the outlook for regional bank stocks, Zuckerberg vs. Musk cage match update.

 

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