Markets on "Delivering Alpha" Day, Bank of England's Intervention, Apple Slumps and Biogen Soars 9/28/22

With CNBC's "Delivering Alpha" investor summit underway, Carl Quintanilla, Jim Cramer and David Faber discussed volatility in stocks and bonds -- one day after the Dow and S&P 500 hit intraday lows not seen since November 2020. The Bank of England announced it would temporarily buy bonds to calm markets roiled by reaction to the UK government's tax-cutting plans. Apple shares fell on a published report stating the company is backing off plans to boost production of the iPhone 14. Hear what Cramer had to say about the market reaction. Also in focus: Biogen shares soar on trial results involving its Alzheimer's drug, Ford vs. GM, Musk-Twitter update, and what JPMorgan Chase's Asset and Wealth Management CEO told the "Delivering Alpha" conference about "finding alpha" in this market environment.

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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.