Carl Quintanilla, David Faber & Jim Cramer discuss Boeing, shares falling as the company reportedly debates cutting or halting 737 Max production. Plus, IFF set to merge with DuPont’s nutrition unit, creating a new consumer giant valued at more than $45B. DuPont Executive Chairman Ed Breen & IFF Chairman & CEO Andreas Fibig discuss the deal, First on Squawk on the Street. And the Dow, S&P 500 and Nasdaq set new record highs as investors continue to digest news of a U.S-China phase one trade deal.

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