
Win Streak Ends, "Powell Effect" In Focus, No "Power" for Stock Plummeting 35% 11/10/23
The Rock
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<p>Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to rebound one dayafter this year's longest win streaks for the S&P 500 and Nasdaq came to an end. Hawkish comments by </p><p>Fed Chair Powell and a lackluster Treasury auction combined to spark Thursday's decline.The anchors also reacted to shares of Plug Power plunging more than 35% on a quarterly miss </p><p>and supply warning. Also in focus: Treasury Secretary Yellen meets with China's vice premier, billionaireinvestor Ron Baron on Tesla in China, rough day for Trade Desk, Diageo and luxury stocks, </p><p>market bright spots, what media pioneer John Malone toldDavid about Rupert Murdoch.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>
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Win Streak Ends, "Powell Effect" In Focus, No "Power" for Stock Plummeting 35% 11/10/23
The Rock