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Transcripts For CNBC Squawk On The Street 20240713

White hou on remdesivir and looking past chinas first gdp contraction in 40 years oil below 18 is something to watch. That report out of stat news reflects how much hope there is, whether its remdesivir or Something Else for an effective treatment going into the fall. It does it may also reflect thin trading having spoken to a number of people this morning who are wondering whether or not you can have big moves in the market with just a billion dollars of futures being bought, which may seem like a lot, but is not. Because, you know, you have a lot of Fund Managers who tighten risk, they took down their net exposure, perhaps they didnt kel quite a sell quite as much its unclear how much buying power is needed to move the market in a significant way. Remdesivir itself is important were all hopeful that it is going to actually have an impact on the outcome of the disease for tho ....

New York , United States , Dave Calhoun , Greg Friedman , Dominic Chu , Tom Lee , Carl Quintanilla , Eugene Scalia , Rick Santelli , Jim Cramer , Richard Trumka , Phil Lebeau , Brian Sullivan , Years Oil , Something Else , Lot Fund , Fund Managers , Hospital Point , Point Clear , People Home , Economic Impact , Critical Care , Group Calling , Million People , Economic Data , Gone Bad ,