New Market Milestones, Taiwan Semi Boosts the Chips, What to Expect from Netflix 10/17/24

Published: Oct. 17, 2024, 3:12 p.m.

Carl Quintanilla, Jim Cramer and David Faber discussed a record-setting day for stocks: The Dow and S&P 500each hitting fresh all-time highs. The chip sector boosted by Taiwan Semiconductor, as AI demand fueled the company's\xa0better-than-expected quarterly results and guidance. Also in focus: Countdown to Netflix's quarterly results due out after Thursday's\xa0close of trading, shares of Lucid and Elevance Health tumble, Uber reportedly explored a takeover bid for Expedia, September retail sales beat forecasts. \n\nSquawk on the Street Disclaimer