Squawk on the Street
Markets Brace for Jobs Friday, Nvidia and the DOJ, Mark Cuban: Harris is "Pro-business" 9/5/24
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Show notes
Carl Quintanilla and Jim Cramer set the stage for Friday's key jobs report, exploring market reaction to Thursday's weaker-than-expected ADP payroll report. Hear what Cramer had to say about a September Fed rate cut. Nvidia also in the mix after shares fell 11% in two days. The chip giant denied reports stating it has received a subpoena from the Justice Department. The anchors also discussed Vice President Kamala Harris' capital gains tax proposal -- and billionaire investor Mark Cuban telling CNBC the Democratic presidential nominee is "pro-business." Also in focus: Verizon buys Frontier Communications, President Biden reportedly plans to block the Nippon Steel-U.S. Steel deal, J.P. Morgan downgrades China, Ford auto sales, Tesla's self-driving boost, CNBC's official NFL team valuations.
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