Carl Quintanilla and David Faber led off the show with stocks affected by President Trump's announcement of new tariffs on imported pharmaceuticals,

household furnishings and trucks. The anchors also discussed the president's executive order to approve a TikTok deal and what it could mean for both the U.S. and China.

Jim Cramer joined the program after his appearance on NBC's "Today" show, where he discussed his new book, "How To Make Money In Any Market."

Also in focus: Core PCE -- the Fed's preferred inflation gauge -- comes in as expected, YouTube TV-NBCUniversal carriage dispute, Evercore hikes Apple price target.

 

Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC.

Versant would become the new parent company of CNBC upon Comcast’s planned spinoff of Versant.

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