CNBC Business News Update - Market Open: Stocks Lower, S&P and Nasdaq Fall From Records, Netflix Looking For NFL Live Sports Production Help 6/14/24

Episode Date: June 14, 2024

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger.

I'm Jessica Edinger, CNBC. Stocks are lower on Wall Street out of the gate this morning, falling from record highs as the rally takes a breather. The Dow is down 161 points, about a half a percent. The S&P 500 index falling from a record high, down 16 points. The Nasdaq also falling from a record high at the open this morning, down 41 points. The Nasdaq also falling from a record high at the open this morning, down 41 points. There's concern about just a handful of companies' shares that have been popping, while most of the others have not been. Yesterday, at one point, we had 80 percent

down volume and the market was flat. I know. These giants are doing yeoman's work. This can't continue. You can't have three stocks be the whole market it's just not it just doesn't work you have to be worried that but you have to be worried that the whole market's just five stocks cnbc mad money host jim kramer with cnbc's carl quintonia boeing has found another quality issue with its 787 dreamliners boeing is investigating a quality issue with undelivered 787 Dreamliner planes. The company says it discovered some fasteners were incorrectly installed on the fuselage. Boeing says the current in-service fleet of 787s can continue to operate safely. Now, this latest issue adds to Boeing's woes as it comes under increased scrutiny and

multiple investigations from regulators into its safety practices. CNBC's Silvana Hannau. Oil ticking higher on new forecasts that show a tighter supply. Netflix hunting for a production partner so it can expertly broadcast the Christmas Day NFL games it's paying big to stream. It's been talking to Disney's ESPN, Comcast's NBCUniversal, and Paramount Global's CBS Sports, according to people familiar with the discussions. Summer Fridays aren't as big anymore. More businesses just letting people work from home the whole day this summer. Round two today of the U.S. Open Golf Tournament at Pinehurst. Jessica Ettinger, CNBC.

The Olympic Games are coming. But first, the best American athletes have to make Team USA. The U.S. Olympic Team Trials on NBC and Peacock.