Power Lunch

The Dow Jones jumped to a new all-time high while the other major averages moved lower on Tuesday. 

Kelly Evans and Brian Sullivan were joined by Guggenheim Partners’ Anne Walsh for the full hour to break down the move in stocks, treasury yields, and energy prices.

Key interviews during the hour included Snap CEO Evan Spiegel, JP Morgan’s Doug Petno, and Callaway Golf CEO Chip Brewer. 

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The Dow Jones soared to new all-time highs on Monday as the other major averages traded higher across the board following news of a preliminary peace deal between the U.S. and Iran.

Dominic Chu and Kelly Evans break down the market action with Charles Schwab’s Liz Ann Sonders, Neuberger’s Jeff Blazek, and Bank of America’s Savita Subramanian.

Meanwhile, Micron added to its recent rally with a near double-digit gain after TD Cowen raised its price target from $660 to $1,500, and the analyst behind that note joined the anchors to explain his methodology

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CNBC’s Kelly Evans and Brian Sullivan take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Kelly Evans and Brian Sullivan take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Brian Sullivan & Kelly Evans are joined by Barclays’ Venu Krishna and Jefferies’ David Zervos to break down the three “I’s” that the markets are facing (IPOs, Inflation, and the Iran War). 

Meanwhile, CNBC’s Kate Rooney sits down for an exclusive interview with OpenAI Chairman Bret Taylor, and the anchors get a “First On CNBC” interview with Strategy CEO Phong Le to discuss his company’s latest Bitcoin transactions.

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