Squawk on the Street

Markets Jump on Jobs Report, Tesla Extends Stock Slump on Price Cuts in China 1/6/23

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Carl Quintanilla and Jim Cramer discussed stocks jumping on the better-than-expected December employment report: Non-farm payrolls up 223,000, the unemployment rate fell to 3.5% and wage growth slowed. Labor Secretary Marty Walsh joined the program with White House reaction to the numbers. Tesla shares extended losses after the automaker slashed prices in China for the second time in less than three months. Also in focus: Costco leading the gains in consumer stocks, upgrades and downgrades, the challenges of finding a bull market, Cramer on how to play Apple and why
he likes the "slowdown stocks." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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