Stocks Slide After Nasdaq 17K, Conoco-Marathon $17B Deal, Airline Stocks' Turbulence 5/29/24

Carl Quintanilla, Jim Cramer and David Faber discussed stock markets under pressure one day after the Nasdaq closed above 17,000 for the first time. Cramer explained why he's concerned about one particular group missing out on the tech sector rally. Energy M&A back in the spotlight: ConocoPhillips has agreed to buy Marathon Oil for more than $17 billion in stock. Also in focus: American Airlines takes a hit on lowered guidance and drags down shares of rival carriers, what to expect from Salesforce's quarterly results due out after Wednesday's close of trading, two retailers surge on earnings, a bank gets slapped with a "sell" rating. 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.