Jackson Hole Day: Powell's Fed Summit Speech and the Markets 8/23/24

Carl Quintanilla, David Faber and Sara Eisen set the stage for Friday's Jackson Hole Symposium speech by Fed Chair Jerome Powell. Among the issues discussed: The potential for rate cuts and what's at stake for the markets including the banking sector, plus a look how stocks historically perform leading up to, during and right after the Fed Chair's Jackson Hole remarks. Also in focus: Vice President Harris formally accepts the Democratic Party presidential nomination, stock winners and losers, Nestlé replaces its CEO. Squawk on the Street Disclaimer

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The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.