Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23

Published: Aug. 11, 2023, 2:20 p.m.

b'Carl Quintanilla, Sara Eisen and Mike Santoli led off the show with market reaction to fresh inflation data: The July Producer Price Index came in a bit hotter-than-expected, following Thursday\'s cooler-than-expected CPI report. The anchors explored what\'s at stake for the markets and the Fed. Also in focus: The tech sector\'s roughest stretch since December, President Biden calledChina a "ticking time bomb" due to its economic challenges, getting ahead of the curve on next week\'s retail earnings from Walmart, Target and Home Depot, what X Corp. CEO Linda Yaccarino told Sara about a potential Musk-Zuckerberg cage match.\\n\\n\\n\\nSquawk on the Street Disclaimer'