Yields Rise on Strong Retail Sales, Dimon's "Hunky Dory" Warning, FAA's Boeing Inspections. 01/17/24

Published: Jan. 17, 2024, 3:58 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber focused on stocks extending Tuesday\'s losses and yields\\xa0rising to their highs of the year -- after December retail sales came in stronger than expected, up 0.6%. The anchors also reacted to what Jamie Dimon told CNBC at the World Economic Forum\\xa0in Davos, Switzerland. JPMorgan Chase\'s CEO issued a cautious economic outlook for this year and next: "I think it\'s a mistake to assume everything is hunky dory." Also in focus: Fed Governor Waller\'s message on rates\\xa0and inflation, The FAA completes initial inspections of Boeing 737 MAX-9 jets, a judge blocks the JetBlue-Spirit merger deal,\\xa0Charles Schwab shares slide despite an earnings beat, assessing regional bank results, Disney rejects Nelson Peltz\'s bid to join its board,\\xa0Uber\'s CEO talks EVs.\\n\\n\\n\\nSquawk on the Street Disclaimer'