White House Reaction to the Jobs Report, Tech Surges and Nasdaq Makes History, Tesla's Big Week 7/5/24

David Faber, Leslie Picker and Mike Santoli led off the program with reaction to the June employment report, which showed better-than-expected job creation -- but also downward revisions on growth for May and April. Acting Labor Secretary Julie Su discussed White House reaction to the numbers with the presidential election just four months away. The anchors also weighed in on this week's tech rally and new all-time intraday highs for the Nasdaq. Some members of the "trillion-dollar club" entered Friday's session at record closing highs, while Tesla moved closer to erasing its losses for 2024. Also in focus: The Labour Party's UK election landslide, decision day for Boeing, retail buyouts in the spotlight, banks rally, the 2nd half playbook on energy, Mark Zuckerberg's unique 4th of July celebration. 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.