Tame CPI Fuels Rally, Home Depot Beats, Biden-Xi One Day Away 11/14/23

Squawk on the Street - A podcast by CNBC

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Carl Quintanilla, Jim Cramer and David Faber led off the show with inflation data that sparked Tuesday's stock market rally and drop in Treasury yields. The October Consumer Price Index came in tamer than expected: Unchanged from the prior month and up 3.2% from a year ago, 4% when you strip out food and energy. Jim highlighted the "Magnificent 7" and homebuilding stocks among the big winners. Also in focus: Home Depot's Q3 beat despite a sales decline, a look ahead to Wednesday's meeting between Presidents Biden and Xi, media stocks join the rally, EV winners and losers. Squawk on the Street Disclaimer