Post-Election Rally, Honeywell Surges on Activist's Stake, Shopify Pres. on Q3 Beat and Soaring Stock 11/12/24
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 12 November 2024
⏱️ 45 minutes
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| 0:00.0 | Market Moving Insight and Analysis. |
| 0:02.1 | Join Jim Kramer, David Faber, and me, Carl Kintanilla, on the opening bell hour of CNBC Squawk on the Street. |
| 0:08.6 | Good Tuesday morning. |
| 0:09.7 | Welcome to Squawk on the street. |
| 0:10.7 | I'm Carl Kintania with Jim Kramer, David Faber, post nine of the New York Stock Exchange. |
| 0:14.5 | Future is steady after five straight gains for the S&P amid this post-election rally. |
| 0:19.8 | Bond market reopens two-year highest since July. Five Fed |
| 0:24.1 | speakers today, including Waller this morning. A roadmap begins with stocks continue to ride the |
| 0:28.9 | Trump wave. Futures higher as traders await these new transition details from the president |
| 0:33.9 | election. Plus activist pressure at Honeywell and big time, |
| 0:38.1 | Elliot amasses on a massive stake. |
| 0:40.5 | It is pushing for the company to separate the shares of surging on the news. |
| 0:44.7 | And Home Depot lifts its guidance. |
| 0:46.3 | The retailer says sales are improving, |
| 0:48.5 | but the consumers are still cautious about spending. |
| 0:52.2 | Let's look at this post-election rally. |
| 0:56.7 | Jim's back on set after a nice couple of days in Dallas, Jim. What do you make of this continued roll on? I think that there's a belief that |
| 1:02.3 | both deregulation and lower taxes will spur much more growth than what President Harris offered. |
| 1:11.4 | I think there's also a sense that a lot of people, |
| 1:13.9 | big money guys didn't expect this to happen. |
| 1:16.4 | There's also, and Dave, you might, |
| 1:18.5 | I know this is maybe straight too much in the political, |
... |
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