Retail Sales Miss, Markets' Record Run, Tech Rally: Apple vs. Microsoft 6/18/24

Published: June 18, 2024, 2:50 p.m.

b'On the final trading day before the Juneteenth holiday, Carl Quintanilla, Sara Eisen and Michael Santoli explored market reaction to weaker-than-expected retail sales data for May: What it all means for the Fed, investors and consumers. The anchors also discussed the S&P 500 and Nasdaq entering Tuesday\'s trading session at record closing highs. It\'s the same for Apple and\\xa0Microsoft as they resume their battle for the title of most valuable company. Also in focus: EV startup Fisker files for bankruptcy, Lennar falls despite\\xa0a quarterly earnings beat, chips rally, what Dell CEO Michael Dell told CNBC about AI PCs, Citi CEO Jane Fraser\\u2019s message atthe company\'s "Services Investor Day."\\n\\n\\n\\n\\n\\nSquawk on the Street Disclaimer'