Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23

Published: July 18, 2023, 3:06 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by \\nbetter-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this coming\\none day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels\\nnot seen since April 2022. Also in focus: June retail sales growth missed economists\' forecasts, Shares of AT&T\\nand Verizon try to end major losing streaks, Wall Street calls and the \\u201cMagnificent 7," media stocks\\u2019 moves\\nin light of the labor strikes in Hollywood.\\n\\nSquawk on the Street Disclaimer'