Squawk on the Street
Record High for the Dow, China Stimulus Effect, Energy Sec. Granholm "First on CNBC" 9/24/24
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Show notes
David Faber, Sara Eisen and Bob Pisani explored market momentum as the Dow hit a fresh record high. The anchors also discussed stimulus measures announced by China's central bank, which gave a lift to shares of U.S.-listed Chinese companies such as Alibaba -- as well as American multinationals with exposure to China. Energy Secretary Jennifer Granholm joined the program at Post 9 "First on CNBC" -- discussing everything from oil prices to the Constellation Energy-Microsoft deal to help power the tech giant's AI data centers. Also in focus: Vistra tops Nvidia as this year's top performer on the S&P 500, Novo Nordisk's CEO heads to Capitol Hill to testify on high prices for Wegovy and Ozempic, Starbucks downgraded, Levi Strauss' hint involving Beyoncé.
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