OPEC+ Production Cuts & Rising US-China Tensions 4/3/23

CNBC’s Rick Santelli checks in with traders on the floor of the CME as Treasury rates fall in the wake of a weaker-than-expected ISM manufacturing index report. Mike Bailey of FBB Capital Partners discusses investment strategy among growth, cyclical and defensive stocks ahead of earnings season. Eva Ados, COO of ERShares, discusses the outlook for Chevron, General Electric and Macy’s. CNBC’s Diana Olick reports on a coffee start-up doing away with single-use plastics in coffee pods. Michael O’Hanlon of Brookings Institution and Dennis Unkovic of Meyer, Unkovic and Scott discuss new details in the flyover of a Chinese balloon, which collected data at sensitive U.S. sites. CNBC’s Pippa Stevens explains the voluntary output cuts from OPEC and what they mean for oil and natural gas prices.