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CNBC Power Lunch July 13, 2024

Triple digits. The s p 500 and the nasdaq in the red. Walgreens is jumping on renewed reports that kkr has made an offer to take the Pharmacy Market giant i covered the 25 feet from the exchanges desk over here in about a minute and a half. I havent lost a step. Boeing shares having their best day since june after the company upgraded its progress on returning the 377 max to the skies. Phil has the developing story. Hi, phil lets run down the time line that boeing put out this morning. Looks at december and january. Those are the crucial months for the max getting back in the air. In december what the company is planning is that you have faa certification. Once that happens youll resume deliverie deliveries in january they expect the Pilot Training rules to be set and then depending on which carriers are ready, they could resume commercial flights by the end of january. Sout ....

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CNBC Closing Bell July 13, 2024

Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples ....

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