Dow Nears 29K, Hiring Cools, “Clowns” & “Monkeys”
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 10 January 2020
⏱️ 45 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. |
| 0:08.1 | Good Friday morning. Welcome to Squawk on the Street. I'm Carl Cantoneo with Jim Kramer, David Faber, the New York Stock Exchange. |
| 0:13.6 | Futures are steady as the December jobs number comes in 145,000, slightly below estimates, some disappointing wage data, smallest increase in almost a year |
| 0:22.0 | and a half. Is it payback for November's outsized gain? We've got a covered from top to bottom. |
| 0:26.7 | Very mild price action in Europe this morning. Ten year yield does dip down to 183. Our roadmap begins |
| 0:32.5 | with records, records, and more records. Stock set for another higher open with a Dow, within striking distance of 29K for the first time. |
| 0:40.4 | Plus, hiring did cool in December, but unemployment, it is still at a 50-year low, |
| 0:45.1 | and job gains did extend for a record's 10 straight years. |
| 0:48.6 | So what's it going to mean for the growth in 2020? |
| 0:51.9 | Plus, these damning documents, newly revealed Boeing messages reveal efforts to manipulate |
| 0:56.8 | 737 max regulators. |
| 0:59.8 | Today's December payroll's number means 2.1 million jobs were added last year. |
| 1:04.0 | That's a slowdown from about 2.7 million in 2018, coming in at 2.9% year-on-year-on-year, |
| 1:10.6 | below forecasts of 3-1 on wages. |
| 1:13.1 | As we said, three-month average, Jim, 184 now, and we got some milder visions down to October |
| 1:19.0 | and November. |
| 1:19.5 | One of the things that's missing that makes this difficult for me is Boeing. |
| 1:25.2 | Boeing's such a big part of the GDP, and I don't know which parts. |
| 1:28.9 | Manufacturing was little changed in December. |
| 1:32.2 | I mean, how much that is Boeing, |
| 1:33.8 | because everything has to be asterisk, I think. |
| 1:37.3 | That's how big Boeing is the economy. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

