Up to $400 million worth of classic cars will roll across the auction block in Monterey and Pebble Beach. CNBC’s Robert Frank joins ‘Squawk Box’ with a look at sales expectations.
Category: Finance News
Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts
The Jefferies strategist told CNBC that central bankers shouldn’t be daunted by the PPI showing inflation pressures hotter than expected.
Monterey classic car auctions kick off, and sales expectations are tepid
An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the annual gathering of classic car collectors from around the world.
Wholesale prices rose 0.9% in July, much more than expected
The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.
Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut
Sumerlin said on CNBC that lowering the Fed’s key rate would be an easy decision now.
Stocks making the biggest moves after hours: Applied Materials, UnitedHealth, Intel and more
These are some of the stocks posting the largest moves in extended-hours trading.
Stocks making the biggest moves after hours: Applied Materials, UnitedHealth, Intel and more
These are some of the stocks posting the largest moves in extended-hours trading.
Stocks making the biggest moves after hours: Applied Materials, UnitedHealth, Intel and more
These are some of the stocks posting the largest moves in extended-hours trading.
Stocks making the biggest moves after hours: Applied Materials, UnitedHealth, Intel and more
These are some of the stocks posting the largest moves in extended-hours trading.
Stocks making the biggest moves after hours: Applied Materials, UnitedHealth, Intel and more
These are some of the stocks posting the largest moves in extended-hours trading.