Squawk on the Street

Stocks Slide Into Bear Market Territory, Crypto Gets Crushed, and a CNBC Exclusive with Coca-Cola's CEO. 06/13/22

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Carl Quintanilla, Jim Cramer and David Faber stayed on top of the extended market sell-off which sent the
S&P 500 into bear market territory -- down more than 20% from its record close in January. What should investors do now?
The anchors also discussed what's driving cryptocurrency to double-digit losses and Bitcoin below 24,000 to a fresh 18-month low.
In a CNBC Exclusive, Jim interviewed Coca-Cola CEO James Quincey about price increases amid inflation, supply chain issues
and the company's new Jack Daniel's and Coke cocktail. Also in focus: Goldman Sachs and Morgan Stanley's calls on S&P 500 targets,
plus Coinbase and MicroStrategy caught in the crypto downdraft.
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